The global demand for Rowing Boats Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Rowing Boat is a special class of boat propelled by oars, generally used for recreational activities and as sports equipment. These boats come in various types and sizes. The maximum number of people a boat can accommodate is eight. Rowing is one of the oldest sports and has a prominent place in the Olympics and Paralympic games. Rowing is considered a great activity to maintain a healthy lifestyle by many urbanites.
The growing popularity of recreational rowing is the main driver for the growth of the rowing boats market. Rowing, gaining momentum both as a leisure activity and as a profession will boost this market segment. Increased investments in the hospitality sector and rapid growth in the number of seaside resorts and clubs will enhance the growth of this market. Evolving advertisements from manufacturers to attract first time rowers will open doors to improve the sales of these boats. The rowing boat market will witness a mixed trend due to COVID-19 pandemic since people will opt for boats to suit their family needs. Its reach as a recreational activity might see a slump. The emergence of motorboats and lack of water bodies will be the major concerning factors which can hamper the market growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of rowing boats.
The entire rowing boats market has been sub-categorized into end use, passenger capacity, product type and design. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By End Use
By Passenger Capacity
- Recreational Rowing Boats
- Racing Rowing Boats
By Product Type
- Rowing Boats with a Single Rower
- Rowing Boats with Two Rowers
- Rowing Boats with Four Rowers
- Rowing Boats with Eight Rowers
- Sweep Rowing Boats
- Sculling Rowing Boats
- Adaptive Rowing Boats
- Coastal Rowing Boats
- Lightweight Rowing Boats
- Racing Shell Rowing Boats
- Coxed Rowing Boats
- Coxless Rowing Boats
This section covers regional segmentation which accentuates on current and future demand for rowing boats market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Rowing Boats Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the rowing boats market include Row Alden, Durham Boat Company, ECHO ROWING, Euro Diffusion’s, Empacher, FILIPPI LIDO SRL, Leo Coastal, Whitehall Rowing & Sail, Rowing yard Wiersma, Kiwi International Rowing Skiffs Ltd., Sykes Racing, Vega Réalisations Composites. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.