Market Overview

Global Kiteboarding Equipment Market 2018-2022| Celebrity Participation and Social Media Driving Interest Among Young Kiteboarders| Technavio

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The global kiteboarding equipment market 2018-2022 is expected to post a
CAGR of close to 10% during the forecast period, according to the latest
market research report by Technavio.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180725005453/en/

Technavio has published a new market research report on the global kiteboarding equipment market fro ...

Technavio has published a new market research report on the global kiteboarding equipment market from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is the increased
participation and inclusion of kiteboarding in the Olympics.
Kiteboarding has seen increased participation all over the world since
the last couple of years. Owing to increasing health consciousness and a
need to stay fit and healthy, many people are showing interest in
alternative physical activities like outdoor and adventure sports
including kitesurfing.

This market research report on the global
kiteboarding equipment market 2018-2022
also provides an
analysis of the most important trends expected to impact the market
outlook during the forecast period. Technavio classifies an emerging
trend as a major factor that has the potential to significantly impact
the market and contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

In this report, Technavio highlights the celebrity participation and
social media driving interest among young kiteboarders as one of the key
emerging trends in the global kiteboarding equipment market:

Global kiteboarding equipment market: Celebrity
participation and social media driving interest among young kiteboarders

Social media plays a pivotal role in increasing awareness. Every
kiteboarding team or vendor has a strong social media presence because
consumer feedback and engagement are important in marketing. At present,
consumers are more engaged in social networking and blogs. Therefore,
the vendors prefer using social media to increase awareness and promote
their products.

"Facebook, Twitter, Instagram, and YouTube are some of the powerful
social media platforms for product promotion. For instance, the
Instagram page of F-ONE kites is filled with kiteboarding photos and
videos. These help brands to create strong brand image among consumers,"
says
a senior analyst at Technavio for research on outdoor gear.

Global kiteboarding equipment market:
Segmentation analysis

This market research report segments the global kiteboarding equipment
market by product (kites, accessories, and kiteboards) and geographical
regions (APAC, EMEA, and the Americas and Caribbean).

EMEA led the market in 2017 with more than 54% of the market share,
followed by Americas and Caribbean and APAC. Growing awareness and
popularity of the developed markets such as the US, Italy, and Spain
have helped these countries gain attention from vendors. Developing
economies like Brazil, Indonesia, and Thailand have also experienced
significant growth in the number of athlete and HNWIs opting for
kitesurfing.

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Technavio's sample reports are free of charge and contain multiple
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challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market sizing
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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