Kayak Accessories Market Overview

The surge in the outdoor living trend is estimated to motivate the kayak accessories market. Reports created by MRFR detail the developments in the industry that can be expected in the market through the forecast period. The kayak accessories market size is estimated to gain an income base of USD 279.6 million with a 3.85 % CAGR by 2027.

The Asia-Pacific Kayak Accessories Market is poised for continued growth, driven by factors such as increasing outdoor recreation participation and evolving consumer preferences.

The development of the active lifestyle trend and that of movable living is estimated to create traction for the kayak accessories market in the future. The development of adventure camps of clubs is estimated to create further impetus in the kayak accessories market in the upcoming period. The improvements in the overall durability and design of kayaks are estimated to favor further growth in the kayak accessories market share in the impending period.

Segmental Analysis

The segmentation of the kayak accessories market is carried out on the basis of product type, distribution channel and region. The product type segment of the kayak accessories market consists of paddle/paddlers, seats, bags, apparel & helmets, storage and life jackets & safety gears. The kayak accessories market segment consists of Asia Pacific, Europe, North America, and other crucial regions. The distribution channel segment of the kayak accessories market consists of non-store-based and store-based.

Detailed Regional Analysis 

The regional examination of the kayak accessories market includes regions such as Asia Pacific, Europe, North America, and other crucial regions. The North American region of the kayak accessories market controlled the global market in 2019. The regional transactions of kayak accessories have been climbing due to the increasing inclination for recreational sports pursuits. In addition, the mounting need for kayak accessories from foreign and national tourists is also propelling the kayak accessories market in the region. Also, the speedy development of surfing contests and events is projected to add to the North American market growth during the forecast period. The Asia Pacific kayak accessories market is a new revenue segment for the global market. The mounting population in the nations of China and India has shaped an optimistic market for the existing companies. A high predisposition for sports activities in the youth segment and the upward approval of fishing is motivating the development of the kayak accessories market in the region.

Competitive Analysis

The use of online channels is estimated to gain more precedence as the market comes to terms with the new business realities. The government support is estimated to have a positive scope for the development in several key areas of the global market. The market is estimated to move forward with caution due to the experiences gained during the pandemic. The surge in innovation and resynchronization of the operation and distribution cycle is estimated to create a constructive situation for the overall market's future. The rise in acquisitions and mergers is estimated to recreate an encouraging environment for the players, leading to several new product offerings. The promotion of international trade is predicted to create a promising overall effect on the market, with many companies choosing this period to test new and untapped markets. The advancement in the global distribution chains is estimated to further enrich the market's progress in the coming period.

The notable contenders in the kayak accessories market are Johnson Outdoors Inc. (US), Delta Kayaks Ltd (Canada), Eddyline Kayaks, LLC (US), Kokatat, Inc. (US), Hobie Company, Inc. (US), Northwest River Supplies (NRS) (US), Pelican International Inc. (Canada), Bending Branches (US), Confluence Outdoor (US) and Werner Paddles, Inc. (US).

Industry Updates:

Mar 2021 Oru, the California-based company, has introduced its latest models, which double down on the feature that makes these kayaks unique and beneficial. With novel design tweaks and enhancements across almost all of its kayaks, the brand's 2021 lineup unites better performance with outstanding portability. Each of Oru's kayaks now is equipped with sturdier footrests for improved comfort and toughness and new, more inflexible floorboards that are similar to tech debuted on the Inlet, which helps them follow better on the water.

Nov 2020 Gearo, an outdoor gear marketplace, has launched the world's primary gear rental pass through their network of 200+ outdoor sellers and 75+ cities. The card gives customers a reasonable way to access thousands of rental merchandise. The groups that regulars have access to consist of kayak, snowboard, ski, bike, SUP and camp gear that are obtainable throughout the year.

About Market Research Future:

Market Research Future (MRFR) is a world-renowned market research company that offers a wide range of services, complete with accurate and precise analysis about diverse markets, sub-markets and target consumers. Our approach is a combination of extensive information and multiple data sources that help provide an exhaustive comprehension about the latest major developments to the client, in addition to future events and what measures and decisions to take on the basis of the same.

Our fast-emerging market research firm is armed with an adept research analysts’ team that focuses on gathering useful data and analytics in terms of economic and technological advances. Our proficient analysts conduct industrial visits in a bid to achieve reliable and accurate information from established market participants. One of our foremost objectives is to keep the client well-versed with all the lucrative opportunities as well as challenges surrounding various global markets. We offer step-by-step guidance to our clients, through consulting and strategic services, enabling them to arrive at a practical and effective decision.