Product Code: PM1141
The global Wetsuit market size is expected to reach USD 3.09 billion by 2030 according to a new study by Polaris Market Research. The report "Wetsuit Market Share, Size, Trends, Industry Analysis Report, By End-Use (Male, Female, Kids); By Application (Surfing, Scuba Diving, Triathlon, Others); By Product; By Thickness; By Region; Segment Forecast, 2022 - 2030" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The primary drivers driving the market's growth are rising participation in water-based sports and the development of inland surfing grounds. The increasing popularity of water sports in emerging countries such as Japan will offer immense growth opportunities for the industry. In August 2021, the Japan Coast Guard recently launched a website dedicated to greater safety knowledge when participating in water sports. In 2020, 419 of the 1,172 accidents were vessels with motor or other technical breakdowns, the majority of which the coast guard believes might have been avoided with adequate periodic inspections.
Furthermore, at the Tokyo Olympics, Japan showcased its water polo style. In the men's water polo tournament at the Tokyo Olympics, big, huge destroyers play similarly. With an energetic, pressing defense and no gigantic center in the center, the host country is zigzagging like the rest of the world. Japan swims more than any other team in the competition with the hopes of causing outbreaks while wearing down its opponent.
Following Japanese competitors' success in the Tokyo Olympics, the Japan Sports Agency has planned to construct national training centers (NTCs) for skateboarding, sport climbing, surfing, and BMX freestyle park. As a result of this, the industry is benefiting from the growing popularity of water activities in Japan.
Based on the end-use, the female segment accounted for the leading share in the global market. Wetsuit demand is predicted to rise as the number of women participating in water sports increases. Because of the growing number of women who participate in water sports, there has been a considerable growth in demand for plus-size wetsuits.
Market players such as Quiksilver, O'Neill, Rip Curl, Helly Hansen, Typhoon, Isurus, Patagonia, and Hyperflex Wetsuits are key players operating in the global market. In April 2021, Aqualung, the world's premier designer and manufacturer of dive and water sports equipment, introduced its all-new XSCAPE range.
Polaris Market Research has segmented the wetsuit market report based on product, thickness, end-use, application, and region:
Wetsuit, Product Outlook (Revenue - USD Billion, 2018 - 2030)
Hooded
Full
Convertible
Sleeveless
Shortly/Spring
Others
Wetsuit, Thickness Outlook (Revenue - USD Billion, 2018 - 2030)
1mm-2mm
2mm-3mm
3mm-4mm
4mm-5mm
> 5mm
Wetsuit, Application Outlook (Revenue - USD Billion, 2018 - 2030)
Surfing
Scuba Diving
Triathlon
Others
Wetsuit, End-Use Outlook (Revenue - USD Billion, 2018 - 2030)
Male
Female
Kids
Wetsuit, Regional Outlook (Revenue - USD Billion, 2018 - 2030)
North America
U.S.
Canada
Europe
France
Germany
UK
Italy
Spain
Netherlands
Russia
Asia Pacific
China
India
Japan
Malaysia
South Korea
Indonesia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Wetsuit Market Insights
- 4.1. Wetsuit - Industry Snapshot
- 4.2. Wetsuit Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rising demand for women's wetsuits
- 4.2.1.2. Growing occurrence and participation rate of triathlon
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Adoption of dry suits over wetsuits
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Wetsuit Industry Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Wetsuit Market, by Application
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Wetsuit Market, by Application, 2018 - 2030 (USD Billion)
- 5.3. Surfing
- 5.3.1. Global Wetsuit Market, by Surfing, by Region, 2018 - 2030 (USD Billion)
- 5.4. Scuba Diving
- 5.4.1. Global Wetsuit Market, by Scuba Diving, by Region, 2018 - 2030 (USD Billion)
- 5.5. Triathlon
- 5.5.1. Global Wetsuit Market, by Triathlon, by Region, 2018 - 2030 (USD Billion)
- 5.6. Others
- 5.6.1. Global Wetsuit Market, by Other Applications, by Region, 2018 - 2030 (USD Billion)
6. Global Wetsuit Market, by Product
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Wetsuit Market, by Product, 2018 - 2030 (USD Billion)
- 6.3. Hooded
- 6.3.1. Global Wetsuit Market, by Hooded, by Region, 2018 - 2030 (USD Billion)
- 6.4. Full
- 6.4.1. Global Wetsuit Market, by Full, by Region, 2018 - 2030 (USD Billion)
- 6.5. Convertible
- 6.5.1. Global Wetsuit Market, by Convertible, by Region, 2018 - 2030 (USD Billion)
- 6.6. Sleeveless
- 6.6.1. Global Wetsuit Market, by OfflSleevelessne, by Region, 2018 - 2030 (USD Billion)
- 6.7. Shortly/Spring
- 6.7.1. Global Wetsuit Market, by Shortly/Spring, by Region, 2018 - 2030 (USD Billion)
- 6.8. Others
- 6.8.1. Global Wetsuit Market, by Others, by Region, 2018 - 2030 (USD Billion)
7. Global Wetsuit Market, by Thickness
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Wetsuit Market, by Thickness, 2018 - 2030 (USD Billion)
- 7.3. 1mm-2mm
- 7.3.1. Global Wetsuit Market, by 1mm-2mm, by Region, 2018 - 2030 (USD Billion)
- 7.4. 2.1mm-3mm
- 7.4.1. Global Wetsuit Market, by 2.1mm-3mm, by Region, 2018 - 2030 (USD Billion)
- 7.5. 3.1mm-4mm
- 7.5.1. Global Wetsuit Market, by 3.1mm-4mm, by Region, 2018 - 2030 (USD Billion)
- 7.6. 4.1mm-5mm
- 7.6.1. Global Wetsuit Market, by 4.1mm-5mm, by Region, 2018 - 2030 (USD Billion)
- 7.7. > 5mm
- 7.7.1. Global Wetsuit Market, by > 5mm, by Region, 2018 - 2030 (USD Billion)
8. Global Wetsuit Market, by End-Use
- 8.1. Key Findings
- 8.2. Introduction
- 8.2.1. Global Wetsuit Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.3. Male
- 8.3.1. Global Wetsuit Market, by Male, by Region, 2018 - 2030 (USD Billion)
- 8.4. Female
- 8.4.1. Global Wetsuit Market, by Female, by Region, 2018 - 2030 (USD Billion)
- 8.5. Kids
- 8.5.1. Global Wetsuit Market, by Kids, by Region, 2018 - 2030 (USD Billion)
9. Global Wetsuit Market, by Geography
- 9.1. Key findings
- 9.2. Introduction
- 9.2.1. Wetsuit Market Assessment, By Geography, 2018 - 2030 (USD Billion)
- 9.3. Wetsuit Market - North America
- 9.3.1. North America: Wetsuit Market, by Application, 2018 - 2030 (USD Billion)
- 9.3.2. North America: Wetsuit Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.3.3. North America: Wetsuit Market, by Product, 2018 - 2030 (USD Billion)
- 9.3.4. North America: Wetsuit Market, by Thickness, 2018 - 2030 (USD Billion)
- 9.3.5. Wetsuit Market - U.S.
- 9.3.5.1. U.S.: Wetsuit Market, by Application, 2018 - 2030 (USD Billion)
- 9.3.5.2. U.S.: Wetsuit Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.3.5.3. U.S.: Wetsuit Market, by Product, 2018 - 2030 (USD Billion)
- 9.3.5.4. U.S.: Wetsuit Market, by Thickness, 2018 - 2030 (USD Billion)
- 9.3.6. Wetsuit Market - Canada
- 9.3.6.1. Canada: Wetsuit Market, by Application, 2018 - 2030 (USD Billion)
- 9.3.6.2. Canada: Wetsuit Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.3.6.3. Canada: Wetsuit Market, by Product, 2018 - 2030 (USD Billion)
- 9.3.6.4. Canada: Wetsuit Market, by Thickness, 2018 - 2030 (USD Billion)
- 9.4. Wetsuit Market - Europe
- 9.4.1. Europe: Wetsuit Market, by Application, 2018 - 2030 (USD Billion)
- 9.4.2. Europe: Wetsuit Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.4.3. Europe: Wetsuit Market, by Product, 2018 - 2030 (USD Billion)
- 9.4.4. Europe: Wetsuit Market, by Thickness, 2018 - 2030 (USD Billion)
- 9.4.5. Wetsuit Market - UK
- 9.4.5.1. UK: Wetsuit Market, by Application, 2018 - 2030 (USD Billion)
- 9.4.5.2. UK: Wetsuit Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.4.5.3. UK: Wetsuit Market, by Product, 2018 - 2030 (USD Billion)
- 9.4.5.4. UK: Wetsuit Market, by Thickness, 2018 - 2030 (USD Billion)
- 9.4.6. Wetsuit Market - France
- 9.4.6.1. France: Wetsuit Market, by Application, 2018 - 2030 (USD Billion)
- 9.4.6.2. France: Wetsuit Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.4.6.3. France: Wetsuit Market, by Product, 2018 - 2030 (USD Billion)
- 9.4.6.4. France: Wetsuit Market, by Thickness, 2018 - 2030 (USD Billion)
- 9.4.7. Wetsuit Market - Germany
- 9.4.7.1. Germany: Wetsuit Market, by Application, 2018 - 2030 (USD Billion)
- 9.4.7.2. Germany: Wetsuit Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.4.7.3. Germany: Wetsuit Market, by Product, 2018 - 2030 (USD Billion)
- 9.4.7.4. Germany: Wetsuit Market, by Thickness, 2018 - 2030 (USD Billion)
- 9.4.8. Wetsuit Market - Italy
- 9.4.8.1. Italy: Wetsuit Market, by Application, 2018 - 2030 (USD Billion)
- 9.4.8.2. Italy: Wetsuit Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.4.8.3. Italy: Wetsuit Market, by Product, 2018 - 2030 (USD Billion)
- 9.4.8.4. Italy: Wetsuit Market, by Thickness, 2018 - 2030 (USD Billion)
- 9.4.9. Wetsuit Market - Spain
- 9.4.9.1. Spain: Wetsuit Market, by Application, 2018 - 2030 (USD Billion)
- 9.4.9.2. Spain: Wetsuit Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.4.9.3. Spain: Wetsuit Market, by Product, 2018 - 2030 (USD Billion)
- 9.4.9.4. Spain: Wetsuit Market, by Thickness, 2018 - 2030 (USD Billion)
- 9.4.10. Wetsuit Market - Netherlands
- 9.4.10.1. Netherlands: Wetsuit Market, by Application, 2018 - 2030 (USD Billion)
- 9.4.10.2. Netherlands: Wetsuit Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.4.10.3. Netherlands: Wetsuit Market, by Product, 2018 - 2030 (USD Billion)
- 9.4.10.4. Netherlands: Wetsuit Market, by Thickness, 2018 - 2030 (USD Billion)
- 9.4.11. Wetsuit Market - Russia
- 9.4.11.1. Russia: Wetsuit Market, by Application, 2018 - 2030 (USD Billion)
- 9.4.11.2. Russia.: Wetsuit Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.4.11.3. Russia: Wetsuit Market, by Product, 2018 - 2030 (USD Billion)
- 9.4.11.4. Russia: Wetsuit Market, by Thickness, 2018 - 2030 (USD Billion)
- 9.5. Wetsuit Market - Asia Pacific
- 9.5.1. Asia Pacific: Wetsuit Market, by Application, 2018 - 2030 (USD Billion)
- 9.5.2. Asia Pacific: Wetsuit Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.5.3. Asia Pacific: Wetsuit Market, by Product, 2018 - 2030 (USD Billion)
- 9.5.4. Asia Pacific: Wetsuit Market, by Thickness, 2018 - 2030 (USD Billion)
- 9.5.5. Wetsuit Market - China
- 9.5.5.1. China: Wetsuit Market, by Application, 2018 - 2030 (USD Billion)
- 9.5.5.2. China.: Wetsuit Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.5.5.3. China: Wetsuit Market, by Product, 2018 - 2030 (USD Billion)
- 9.5.5.4. China: Wetsuit Market, by Thickness, 2018 - 2030 (USD Billion)
- 9.5.6. Wetsuit Market - India
- 9.5.6.1. India: Wetsuit Market, by Application, 2018 - 2030 (USD Billion)
- 9.5.6.2. India.: Wetsuit Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.5.6.3. India: Wetsuit Market, by Product, 2018 - 2030 (USD Billion)
- 9.5.6.4. India: Wetsuit Market, by Thickness, 2018 - 2030 (USD Billion)
- 9.5.7. Wetsuit Market - Japan
- 9.5.7.1. Japan: Wetsuit Market, by Application, 2018 - 2030 (USD Billion)
- 9.5.7.2. Japan.: Wetsuit Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.5.7.3. Japan: Wetsuit Market, by Product, 2018 - 2030 (USD Billion)
- 9.5.7.4. Japan: Wetsuit Market, by Thickness, 2018 - 2030 (USD Billion)
- 9.5.8. Wetsuit Market - Malaysia
- 9.5.8.1. Malaysia: Wetsuit Market, by Application, 2018 - 2030 (USD Billion)
- 9.5.8.2. Malaysia.: Wetsuit Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.5.8.3. Malaysia: Wetsuit Market, by Product, 2018 - 2030 (USD Billion)
- 9.5.8.4. Malaysia: Wetsuit Market, by Thickness, 2018 - 2030 (USD Billion)
- 9.5.9. Wetsuit Market - Indonesia
- 9.5.9.1. Indonesia: Wetsuit Market, by Application, 2018 - 2030 (USD Billion)
- 9.5.9.2. Indonesia.: Wetsuit Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.5.9.3. Indonesia: Wetsuit Market, by Product, 2018 - 2030 (USD Billion)
- 9.5.9.4. Indonesia: Wetsuit Market, by Thickness, 2018 - 2030 (USD Billion)
- 9.5.10. Wetsuit Market - South Korea
- 9.5.10.1. South Korea: Wetsuit Market, by Application, 2018 - 2030 (USD Billion)
- 9.5.10.2. South Korea.: Wetsuit Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.5.10.3. South Korea: Wetsuit Market, by Product, 2018 - 2030 (USD Billion)
- 9.5.10.4. South Korea: Wetsuit Market, by Thickness, 2018 - 2030 (USD Billion)
- 9.6. Wetsuit Market - Middle East & Africa
- 9.6.1. Middle East & Africa: Wetsuit Market, by Application, 2018 - 2030 (USD Billion)
- 9.6.2. Middle East & Africa: Wetsuit Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.6.3. Middle East & Africa: Wetsuit Market, by Product, 2018 - 2030 (USD Billion)
- 9.6.4. Middle East & Africa: Wetsuit Market, by Thickness, 2018 - 2030 (USD Billion)
- 9.6.5. Wetsuit Market - Saudi Arabia
- 9.6.5.1. Saudi Arabia: Wetsuit Market, by Application, 2018 - 2030 (USD Billion)
- 9.6.5.2. Saudi Arabia: Wetsuit Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.6.5.3. Saudi Arabia: Wetsuit Market, by Product, 2018 - 2030 (USD Billion)
- 9.6.5.4. Saudi Arabia: Wetsuit Market, by Thickness, 2018 - 2030 (USD Billion)
- 9.6.6. Wetsuit Market - South Africa
- 9.6.6.1. South Africa: Wetsuit Market, by Application, 2018 - 2030 (USD Billion)
- 9.6.6.2. South Africa: Wetsuit Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.6.6.3. South Africa: Wetsuit Market, by Product, 2018 - 2030 (USD Billion)
- 9.6.6.4. South Africa: Wetsuit Market, by Thickness, 2018 - 2030 (USD Billion)
- 9.6.7. Wetsuit Market - Israel
- 9.6.7.1. Israel: Wetsuit Market, by Application, 2018 - 2030 (USD Billion)
- 9.6.7.2. Israel: Wetsuit Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.6.7.3. Israel: Wetsuit Market, by Product, 2018 - 2030 (USD Billion)
- 9.6.7.4. Israel: Wetsuit Market, by Thickness, 2018 - 2030 (USD Billion)
- 9.6.8. Wetsuit Market - UAE
- 9.6.8.1. UAE: Wetsuit Market, by Application, 2018 - 2030 (USD Billion)
- 9.6.8.2. UAE: Wetsuit Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.6.8.3. UAE: Wetsuit Market, by Product, 2018 - 2030 (USD Billion)
- 9.6.8.4. UAE: Wetsuit Market, by Thickness, 2018 - 2030 (USD Billion)
- 9.7. Wetsuit Market - Latin America
- 9.7.1. Latin America: Wetsuit Market, by Application, 2018 - 2030 (USD Billion)
- 9.7.2. Latin America: Wetsuit Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.7.3. Latin America: Wetsuit Market, by Product, 2018 - 2030 (USD Billion)
- 9.7.4. Latin America: Wetsuit Market, by Thickness, 2018 - 2030 (USD Billion)
- 9.7.5. Wetsuit Market - Mexico
- 9.7.5.1. Mexico: Wetsuit Market, by Application, 2018 - 2030 (USD Billion)
- 9.7.5.2. Mexico: Wetsuit Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.7.5.3. Mexico: Wetsuit Market, by Product, 2018 - 2030 (USD Billion)
- 9.7.5.4. Mexico: Wetsuit Market, by Thickness, 2018 - 2030 (USD Billion)
- 9.7.6. Wetsuit Market - Brazil
- 9.7.6.1. Brazil: Wetsuit Market, by Application, 2018 - 2030 (USD Billion)
- 9.7.6.2. Brazil: Wetsuit Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.7.6.3. Brazil: Wetsuit Market, by Product, 2018 - 2030 (USD Billion)
- 9.7.6.4. Brazil: Wetsuit Market, by Thickness, 2018 - 2030 (USD Billion)
- 9.7.7. Wetsuit Market - Argentina
- 9.7.7.1. Argentina: Wetsuit Market, by Application, 2018 - 2030 (USD Billion)
- 9.7.7.2. Argentina: Wetsuit Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.7.7.3. Argentina: Wetsuit Market, by Product, 2018 - 2030 (USD Billion)
- 9.7.7.4. Argentina: Wetsuit Market, by Thickness, 2018 - 2030 (USD Billion)
10. Competitive Landscape
- 10.1. Expansion and Acquisition Analysis
- 10.1.1. Expansion
- 10.1.2. Acquisitions
- 10.2. Partnerships/Collaborations/Agreements/Exhibitions
11. Company Profiles
- 11.1. Helly Hansen
- 11.1.1. Company Overview
- 11.1.2. Financial Performance
- 11.1.3. Product Benchmarking
- 11.1.4. Recent Development
- 11.2. Hyperflex Wetsuits
- 11.2.1. Company Overview
- 11.2.2. Financial Performance
- 11.2.3. Product Benchmarking
- 11.2.4. Recent Development
- 11.3. Isurus
- 11.3.1. Company Overview
- 11.3.2. Financial Performance
- 11.3.3. Product Benchmarking
- 11.3.4. Recent Development
- 11.4. O'Neill
- 11.4.1. Company Overview
- 11.4.2. Financial Performance
- 11.4.3. Product Benchmarking
- 11.4.4. Recent Development
- 11.5. Patagonia
- 11.5.1. Company Overview
- 11.5.2. Financial Performance
- 11.5.3. Product Benchmarking
- 11.5.4. Recent Development
- 11.6. Quiksilver
- 11.6.1. Company Overview
- 11.6.2. Financial Performance
- 11.6.3. Product Benchmarking
- 11.6.4. Recent Development
- 11.7. Rip Curl
- 11.7.1. Company Overview
- 11.7.2. Financial Performance
- 11.7.3. Product Benchmarking
- 11.7.4. Recent Development
- 11.8. Typhoon
- 11.8.1. Company Overview
- 11.8.2. Financial Performance
- 11.8.3. Product Benchmarking
- 11.8.4. Recent Development