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Asia Pacific Wetsuit Market Size, Share & Industry Trends Analysis Report By Distribution Channel (Offline, and Online), By Product (Surfing, Scuba Diving, Triathlon, and Wind Sports), By Country and Growth Forecast, 2023 - 2030

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    Report

  • October 2023
  • Region: Asia Pacific
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5935804
The Asia Pacific Wetsuit Market would witness market growth of 6.9% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 1,534.3 thousand units, showcasing a growth of 6.4% (2019-2022).

There is a growing emphasis on sustainability in the wetsuit market. Manufacturers are increasingly using eco-friendly materials and production processes, aiming to reduce the environmental impact of wetsuit production. This trend aligns with the broader shift towards sustainable consumer choices. Neoprene, a synthetic rubber material commonly used in wetsuits, continues to see innovations. Manufacturers are developing advanced neoprene blends that offer better flexibility, durability, and insulation properties. These innovations result in more comfortable and high-performing wetsuits. Many wetsuit brands now provide customization options, allowing customers to choose color patterns and personalize their wetsuits with names or logos.

This trend caters to individual preferences and promotes brand loyalty. There is a growing focus on women's wetsuits, with manufacturers designing products tailored to the female body shape. This includes considerations for fit, comfort, and style, recognizing the increasing participation of women in water sports. As they provide abrasion resistance, thermal insulation, and buoyancy, wetsuit apparel made of foamed neoprene is widely worn by deep-sea divers, surfers, canoeists, windsurfers, and other water and wind-related sports participants.

Kayaking and canoeing are popular water activities in many Asia Pacific countries. Sailors, windsurfers, and boaters in the Asia Pacific region often use wetsuits for protection against wind, water splashes, and cold conditions. Rising disposable income in some Asia Pacific countries has made water sports and activities more accessible. India offers many water destinations, including coastal areas, lakes, rivers, and islands. Water sports iskayaking, rafting, windsurfing, and kiteboarding are gaining popularity in India. The factors mentioned above will drive the regional market growth.

The China region dominated the Asia Pacific Wetsuit Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $119.8 Million by 2030. The Japan region is registering a CAGR of 6.1% during (2023 - 2030). Additionally, The India region would showcase a CAGR of 7.5% during (2023 - 2030).

Based on Distribution Channel, the market is segmented into Offline, and Online. Based on Product, the market is segmented into Surfing, Scuba Diving, Triathlon, and Wind Sports. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Arena S.p.A, Aqua Lung, TYR Sport, Inc., Body Glove, Buell Wetsuits & Surf, Boardriders, Inc., The Helly Hansen Group, Hyperflex Wetsuits, Isurus, Inc., JMJ Manufacture, Inc.

Scope of the Study

Market Segments Covered in the Report:

By Distribution Channel (Volume, Thousand Unit, USD Million, 2019-2030)
  • Offline
  • Online
By Product (Volume, Thousand Unit, USD Million, 2019-2030)
  • Surfing
  • Scuba Diving
  • Triathlon
  • Wind Sports
By Country (Volume, Thousand Unit, USD Million, 2019-2030)
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Malaysia
  • Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:


  • Arena S.p.A
  • Aqua Lung
  • TYR Sport, Inc.
  • Body Glove
  • Buell Wetsuits & Surf
  • Boardriders, Inc.
  • The Helly Hansen Group
  • Hyperflex Wetsuits
  • Isurus, Inc.
  • JMJ Manufacture, Inc.

Unique Offerings

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Wetsuit Market, by Distribution Channel
1.4.2 Asia Pacific Wetsuit Market, by Product
1.4.3 Asia Pacific Wetsuit Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis
Chapter 4. Asia Pacific Wetsuit Market by Distribution Channel
4.1 Asia Pacific Offline Market by Country
4.2 Asia Pacific Online Market by Country
Chapter 5. Asia Pacific Wetsuit Market by Product
5.1 Asia Pacific Surfing Market by Country
5.2 Asia Pacific Scuba Diving Market by Country
5.3 Asia Pacific Triathlon Market by Country
5.4 Asia Pacific Wind Sports Market by Country
Chapter 6. Asia Pacific Wetsuit Market by Country
6.1 China Wetsuit Market
6.1.1 China Wetsuit Market by Distribution Channel
6.1.2 China Wetsuit Market by Product
6.2 Japan Wetsuit Market
6.2.1 Japan Wetsuit Market by Distribution Channel
6.2.2 Japan Wetsuit Market by Product
6.3 India Wetsuit Market
6.3.1 India Wetsuit Market by Distribution Channel
6.3.2 India Wetsuit Market by Product
6.4 South Korea Wetsuit Market
6.4.1 South Korea Wetsuit Market by Distribution Channel
6.4.2 South Korea Wetsuit Market by Product
6.5 Australia Wetsuit Market
6.5.1 Australia Wetsuit Market by Distribution Channel
6.5.2 Australia Wetsuit Market by Product
6.6 Malaysia Wetsuit Market
6.6.1 Malaysia Wetsuit Market by Distribution Channel
6.6.2 Malaysia Wetsuit Market by Product
6.7 Rest of Asia Pacific Wetsuit Market
6.7.1 Rest of Asia Pacific Wetsuit Market by Distribution Channel
6.7.2 Rest of Asia Pacific Wetsuit Market by Product
Chapter 7. Company Profiles
7.1 Arena S.p.A
7.1.1 Company Overview
7.1.2 SWOT Analysis
7.2 Aqualung
7.2.1 Company Overview
7.2.2 SWOT Analysis
7.3 TYR Sport, Inc. (Swimwear Anywhere, Inc.)
7.3.1 Company Overview
7.3.2 SWOT Analysis
7.4 Body Glove (Marquee Brands)
7.4.1 Company Overview
7.4.2 SWOT Analysis
7.5 Buell Wetsuits & Surf
7.5.1 Company Overview
7.5.2 SWOT Analysis
7.6 The Helly Hansen Group (Canadian Tire Corporation, Limited)
7.6.1 Company Overview
7.6.2 SWOT Analysis
7.7 Hyperflex Wetsuits (Henderson Aquatics, Inc.)
7.7.1 Company Overview
7.7.2 SWOT Analysis
7.8 Isurus, Inc.
7.8.1 Company Overview
7.9 JMJ Manufacture, Inc.
7.9.1 Company Overview
7.9.2 SWOT Analysis
7.10. Boardriders, Inc. (Authentic Brands Group LLC)
7.10.1 Company Overview
7.10.2 SWOT Analysis

Companies Mentioned

  • Arena S.p.A
  • Aqua Lung
  • TYR Sport, Inc.
  • Body Glove
  • Buell Wetsuits & Surf
  • Boardriders, Inc.
  • The Helly Hansen Group
  • Hyperflex Wetsuits
  • Isurus, Inc.
  • JMJ Manufacture, Inc.

Methodology

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