Towable Tubes Market: Introduction
- Towable tubes are inflatable tubes attached to a boat to pull a rider or multiple riders. Towable tubes come in different shapes and sizes as they are suitable for all age groups. Increasing popularity of water sports around the world is expected to surge the demand for towable tubes during the forecast period.
Key Drivers and Opportunities of the Global Towable Tubes Market
- Water tubing is one of the easiest and fun family recreational activity. The tubes are available in various options as per comfort and style of consumers. Water tubing activity is economical and hence its popularity is increasing around the world. The effort of governments around the world to improve the safety of visitors around water bodies have further encouraged people to indulge in water activities. All these factors are expected to drive the global towable tubes market during the forecast period.
- Towable tubes manufacturers are introducing products with new features which makes water activities more exciting, fun, and safe for consumers. The tubes are now fitted with a safety strap, deep sitting, knuckle guards, head & neck rest, etc. All these features make towable tubes an attractive and safe product. The enhancement in towable tubes are thus expected to fuel the global market during the forecast period.
- The global towable tubes market provides ample opportunity for manufacturers. Consumers are looking for safe, reliable, and affordable towable tubes. Introduction of tough, sustainable material coupled with safety features will help manufacturers to gain competitive advantage. Offers or coupons with the purchase of tubes further attracts more consumers. Manufacturers should maintain their online presence and introduce new designs of towable tubes that consumers can relate with. All these factors are likely to open doors for business growth during the forecast period.
- The Covid-19 pandemic had a negative impact on the sales of towable tubes. Decline in the tourism industry coupled with reduced spending on leisure activity resulted in sales dip. The other factor that might hamper market growth are injuries associated with water tubing. Strains and sprains are the most common type of injuries related to tubing.
North America to Hold Major Share of the Global Towable Tubes Market
- In terms of region, the towable tubes market can be divided into North America, Europe, Asia Pacific, Middle East & Africa and South America.
- North America is a developed region with a dominating position in the global market with the U.S. being the largest consumer of towable tubes in the world. The market in North America is expected to be followed by the market in Asia Pacific. Developing economies in the region coupled with increased consumer spending and changing lifestyles are expected to fuel the market growth of towable tubes. Asia Pacific is projected to be the fastest growing towable tubes market during the forecast period.
Key Players Operating in the Global Towable Tubes Market
- Airhead
- Aquaglide
- Connelly
- HO Sports
- O’Brien Watersports
- RAVE Sports
- Scheels Sports
- Sportsstuff, Inc.
- West Marine
- WOW World of Watersports
Global Towable Tubes Market: Research Scope
Global Towable Tubes Market, by Type
- Partially Covered Towable Tube
- Fully Covered Towable Tube
Global Towable Tubes Market, by Size
- 1 person
- 2 persons
- 3 persons
- Above 3 persons
Global Towable Tubes Market, by Price
Global Towable Tubes Market, by Distribution Channel
- Online
- E-commerce Websites
- Company Owned Websites
- Offline
- Hypermarkets & Supermarkets
- Specialty Stores
- Others Retail Stores
Global Towable Tubes Market, by Region
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Russia & CIS
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- ASEAN
- Rest of Asia Pacific
- South America
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
