Snorkeling Equipment Market to Grow Nearly 2% CAGR to 2020

ReportsnReports.com adds Global Snorkeling Equipment Market 2016-2020 latest research report, the analyst forecast the global snorkeling equipment market to grow at a CAGR of 1.57% during the period 2016-2020.

PUNE, India, Nov. 30, 2016 /PRNewswire-iReach/ -- The global snorkeling equipment market analyst says the launch of innovative snorkeling equipment is an important emerging trend that is expected to significantly contribute to the market growth during the forecast period. The key competitors, now, are more focused on the innovative product offerings with respect to design, color, shape, and weight, to meet the needs of individual consumers. Consequently, they are launching new lightweight and more advanced equipment to cater to the changing consumer preferences.

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Complete report on snorkeling equipment market spread across 68 pages, analyzing 4 major companies and providing 41 data exhibits is now available at http://www.reportsnreports.com/reports/769756-global-snorkeling-equipment-market-2016-2020.html

According to the snorkeling equipment market report, snorkeling is one of the most popular recreational activities, particularly at tropical resort destinations. It is often considered a beginner's sports among water sports activities because it does not require any complicated equipment and training required for water sports activities like scuba diving. It is just a next level of swimming, where snorkelers float on the surface of the water with exciting and attractive underwater experience. Water sports enthusiasts opt for snorkeling first as compared to other water sports activities because other water sports activities like scuba diving, spear fishing, and surfing require proper training under expert supervision, which turns out to be an expensive option. Also, other water sports activities require certification, unlike snorkeling activity. Subsequently, the market witnesses greater preference for snorkeling, which boosts the global snorkeling equipment market.

The following companies are the key players in the global snorkeling equipment: Aqua-Lung, Cressi Sub, Seavenger, and Tabata. Other prominent vendors in the market are: Apollo Sports, Aquatec - Duton Industry, Beuchat International, Body Glove International, Dive Rite, Diving Unlimited International, Johnson Outdoors, Mares, Sherwood Scuba, and Zeagle Systems. Order a copy of Global Snorkeling Equipment Market 2016-2020 report @ http://www.reportsnreports.com/purchase.aspx?name=769756

In terms of geographical analysis, the Americas is expected to continue its domination over the global snorkeling equipment market and is expected to reach revenues of almost $671 million by 2020. The US will emerge as the key revenue-generator. During 2015, snorkels were the largest revenue generating segment in the global market with revenue of around $514 million.

Global Snorkeling Equipment Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the present scenario and the growth prospects of the global snorkeling equipment market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of snorkeling equipment except for the following:

  • Snorkeling equipment raw materials
  • Wetsuits and drysuits
  • Logistics
  • Snorkelers DVDs and catalogs

Water sports like scuba diving, snorkeling, and surfing have become some of the most preferred recreational activities in the past decade owing to the adventure and health benefits associated with them. Recently, the water sports industry has witnessed support from government bodies across the world, to escalate the revenue generated from the tourism industry across the global snorkeling equipment market.

Further, the snorkeling equipment market report states that the launch of innovative snorkeling equipment is an important emerging trend that is expected to significantly contribute to the market growth during the forecast period. The key competitors, now, are more focused on the innovative product offerings with respect to design, color, shape, and weight, to meet the needs of individual consumers.

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