Racing Windsurf Sails Market – Industry Analysis and Forecast (2022-2027) by Weight, Type, and Region

Racing Windsurf Sails Market is valued at USD 117 Million in 2021 and is predicted to grow at a CAGR of 3.2 % to USD 141.34 Million by 2027.
Racing Windsurf Sails Market Overview:
The Market is valued at USD 117 Million in 2021 and is predicted to grow at a CAGR of 3.2 % to USD 141.34 Million by 2027. The  Market segments like Type (Wave, Slalom) and Region (North America, Europe, Asia-Pacific, South America, Middle East & Africa) are studied. The report consists of the Trend, forecasts, Competitive Analysis, and Growth Opportunities of the market.

Windsurfing is a surface water activity that uniquely combines surfing and sailing. It was born out of California's surf culture in the late 1960s and known as sailboarding and boardsailing. By the late 1970s, windsurfing had grown in popularity across North America, and by the 1980s, it had reached a global audience.



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Racing Windsurf Sails Market Dynamics:
The surge in usage due to an increase in tourism:

The rise in tourism and interest in water sports and activities has created water sports equipment markets possibilities. Wave windsurfing is a sport that combines sailing and surfing and is performed on a board that may be up to three meters long. The board can move up to 250 liters of water and is propelled by the wind by a sail.

Because it is a dangerous water activity, wave windsurfing activities are frequently located along seashores with strong tides and specific other beaches where sports are permitted by authorities. Wave windsurf sails market demand is primarily driven by factors that promote partnership growth and collaborations for wave windsurf sails market research, while limitations may limit expansion.

New Product Launches:

Market leaders have released new goods with additional safety features and speed to attract more people to their brand. Point 7 has released the "AC-K," a racing sail mainly intended for speed and is one of the best in the Wave Windsurf sail industry. The business calls the sail "freerace sail" since it meets all of the criteria of free riders. The sail's design and construction provide a powerful experience while maintaining balance even in heavy gusts.

Impact of COVID-19 on Racing Windsurf Sails Market:

The COVID-19 pandemic has slowed the expansion of worldwide sectors, causing widespread inconvenience for both consumers and sellers. Markets and manufacturing facilities throughout the world have been shut down, thereby halting the product's manufacture, sale, and promotion. This has also provided organisations with an opportunity to safeguard their supply chain relationships and business models in the future.

Certain countries like Thailand, Bali, and the Maldives majorly run on tourism, and due to the advent of COVID-19 and the extensive lockdowns, tourism worldwide has reduced substantially. This has led to a reduction in the growth of the market.

Racing Windsurf Sails Market Segment Analysis:

On the basis of weight, the market is segmented into lightweight and heft weight sails. A hefty board is primarily used to increase volume. It may also move in the face of strong winds. However, planning on this board might be challenging at times. A hefty board is often made to hold a large number of volumes.

On the other hand, lighter boards are more straightforward to use than heavier boards. In mild breezes, they're ideal for windsurfing. Lightweight boards are more portable, easier to operate and provide superior performance. Sails are produced in different weights and sizes to cater to people of all sizes and skill levels, and the board's weight might affect your performance.

On the basis of type, the Market is segmented into wave and Slalom.A small slalom is a speed board with a high acceleration rate; the speed boards seem to need a different stance and require experience to jump. A slalom windsurf is much faster, twitchy, and less robust. These Slalom types on windsurf sails are more dominant in the market than wave sails.


Racing Windsurf Sails Market Regional Insights:
The North American region dominates the Market in terms of value, with the U.S. application market being the most attractive. The Western European region is expected to be the 2nd largest market for the product. The region is projected to grow moderately due to a slow down in the tourism caused due to the pandemic in 2020. However, Europe remains the region with most watersport activities, thereby leading to the growth of the market.

The Asian-Pacific region is expected to witness the fastest growth in the market over the forecast period, owing to several countries causing a boost in tourism, like Thailand, Bali, Malaysia, etc. Regions such as Saudi Arabia and Egypt, the Middle East, and Africa is anticipated to witness slow growth in this product.

The objective of the report is to present a comprehensive analysis of the market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complex data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External and internal factors that are supposed to positively or negatively affect the business have been analyzed, which is anticipated to give the decision-makers a clear, futuristic view of the industry.

The report also helps understand the market dynamics and structure by analyzing the market segments and projecting the  market size. Explicit representation of competitive analysis of essential players' by-products, price, financial position, product portfolio, growth strategies, and regional presence in the market make the report investor’s guide.
Racing Windsurf Sails Market Scope: Inquire before buying



Global Racing Windsurf Sails Market


Report Coverage
Details


Base Year:
2021
Forecast Period:
2022-2027


Historical Data:
2017 to 2021
Market Size in 2021:
US $ 117 Mn.


Forecast Period 2022 to 2027 CAGR:
3.2 %
Market Size in 2027:
US $ 141.34 Mn.


 Segments Covered:
by weight
• Hefty Weight
• Light Weight


by type
• Wave
• Slalom



Racing Windsurf Sails Market, by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
Racing Windsurf Sails Market Key Players
• Gun Sails (Germany)
• Maui sails (Hawaii)
• Simmer (California)
• Severne Sails (Australia)
• Point-7 International (Italy)
• Naish Windsurfing (United States)
• HOT SAILS MAUI (United States)
• Goya (United States)
• Gaastra Windsurfing (The Netherlands)
• Aerotech, Exocet (United States)
• Ezzy Sails (Sri Lanka)
• RRD Roberto Ricci Designs (Italy)
• NeilPryde (Hong Kong)
• North Sails Windsurf (United States)
• Exocet (France)

Frequently Asked Questions:

1. What forecast period is considered for the Racing Windsurf Sails market report?
Ans. The forecast period for the market is 2022-2027.

2. Which segments are covered in the Racing Windsurf Sails market?
Ans. The market is segmented into weight, type, and region.

3. What is the Racing Windsurf Sails market's compound annual growth rate (CAGR) for the forecast period?
Ans. The CAGR of the Racing Windsurf Sails market for the forecast period 2022-2027 is 3.2 %.

4. What are the key factors driving the growth of the Racing Windsurf Sails market?
Ans. The surge in usage due to an increase in tourism and increasing product launches are key factors driving the growth of the Racing Windsurf Sails market.

5. What key players are covered in the Racing Windsurf Sails market report?
Ans. The major worldwide critical players in the Racing Windsurf Sails market are Gaastra Windsurfing, Aerotech, Exocet, Ezzy Sails, RRD Roberto Ricci Designs, etc.