Rafting Equipment Market

Rafting Equipment Market: Introduction

• Rafting is an outdoor recreational sport activity, which requires an inflatable raft to be able to navigate across a water body. Rafting is undertaken in white waters or water bodies that have a certain degree of roughness. Water rafting equipment such as buoyancy aids, wetsuits, helmets, and paddles. For the guide, it includes the raft, throw rope, communication device, whistle, river knife, whitewater buoyancy aid, first aid kit, and a large guide paddle for extra leverage.

Key Drivers of the Global Rafting Equipment Market

• Rise in disposable income of the population and number of individuals participating in water sports is expected to drive the global rafting equipment market during the forecast period. Increase in income of people fuels their spending on consumer durables and equipment for outdoor adventure such as rafting.
• Awareness among consumers regarding sports equipment and brands is expected to boost the demand for premium rafting equipment. Increasing demand from the commercial sector due to a rise in number of sports coaching centers is likely to propel the market. Advancements in rafting equipment, in terms of quality and design, are expected to boost their demand. This is projected to propel the rafting equipment market in the near future.

Factor Restraining Global Rafting Equipment Market

• Volatility in trade tariffs on several raw materials such as aluminum, metal, and other industrial goods can hamper the global rafting equipment market
• Risk associated with water sport activities may act as a key factor restraining the rafting equipment market

Market in Asia Pacific to Expand Rapidly

• In terms of region, the global rafting equipment market can be divided into North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA)
• North America country-level analysis features the U.S., Canada, and Rest of North America. Analysis and forecast of the rafting equipment market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the rafting equipment market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The South America rafting equipment market is segmented into Brazil and Rest of South America.
• North America accounted for a notable share of the global rafting equipment market owing to rising popularity of rafting and number of water sport participants across the U.S. Rise in number of rafting participants in the U.S. is creating opportunities for rafting equipment manufacturers, which in turn is a key factor driving the rafting equipment market in North America. 
• The rafting equipment market in Asia Pacific is projected to expand rapidly during the forecast period due to an increase in water sports activities in the region. Rising popularity of water rafting among young generation from countries such as Japan, India, and China and is fueling the demand for rafting equipment and consequently, propelling the rafting equipment market in the region.

Key Players Operating in Global Market

Manufacturers operating in the rafting equipment market are focused on becoming more proficient and developing products with advanced technologies, which would enhance their competitive advantage and enhance their market share globally. Companies are emphasizing on innovations and the development of cost-efficient equipment and targeting marketing activities to capture new markets and consolidate their position in existing markets.

A few of the key players operating in the global rafting equipment market are:

• AIRE
• Airhead Sports Group
• Aquamarina Water Theme Park & Resort
• HYSIDE Inflatables
• Maravia
• NRS
• RAVE Sports
• SOTAR
• Vanguard Inflatables
• WING

Global Rafting Equipment Market: Research Scope

Global Rafting Equipment Market, by Type

• Inflatable boats
• Urethane
• Life Jackets
• Helmets
• Rafting Paddles
• Wetsuit
• Others (Dry suit, Rescue Throw Bags, etc.)

Global Rafting Equipment Market, by Pricing

• High
• Medium
• Low

Global Rafting Equipment Market, by Distribution Channel

• Online
  • E-commerce Portal
  • Company Owned Portal
• Offline
  • Hypermarket and Supermarket
  • Sport Stores
  • Others (Specialty Stores, etc.)

Global Rafting Equipment Market, by Region

• North America
  • U.S.
  • Canada
  • Rest of North America
• Europe
  • Germany
  • France
  • U.K.
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Rest of Asia Pacific
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa
• South America
  • Brazil
  • Rest of South America

The report on the global rafting equipment market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on market segments and regions.