Allied Market Research published a new report, titled, “Snorkeling Market” The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.
The rise in interest of adventures and sporting among millennials is the major driving force for the growth of the snorkeling sport market which in turn increases the demand for snorkeling equipment. The increase in disposable income is another factor that propels the adoption of snorkeling as a recreational activity due to which the usage of snorkeling equipment has also surged in the market. From few years there has been an increase in number of women participation in sports and tourism, which is also helping the growth of snorkeling activity and snorkeling equipment market.
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For instance, in May 2019, Jukkre a snorkeling equipment manufacturing company introduced new dry snorkel set which facilitates wider view, anti-fog features, easy breathing along with professional snorkeling gear.
COVID-19 Scenario Analysis:
The COVID-19 outbreak has caused a decline in the growth of the global industries creating a mass disruption for buyers as well as sellers. Markets and production units have been shutdown globally which has stopped the production, sale, and marketing of the product. This has also offered an opportunity for the companies to look after their supply chain relationship and business models for the future.
Key Market Players Profiled In The Report:
Aquatec – Duton Industry, Vinotemp International, XElectron, Sherwood Scuba, Johnson Outdoors, Tabata, Cressi Sub, Seavenger, and Aqua Lung International, Zeagle Systems, Mares, Diving Unlimited International, Body Glove International, Dive Rite, Beuchat International, Apollo Sports
Snorkeling Market Type:
• Snorkeling Mask
• Wet suits
• Swim Fins
Regional Analysis – North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain,and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and Rest of LAMEA)
Key Benefits of the Report:
○ This study presents the analytical depiction of the global snorkeling industry along with the current trends and future estimations to determine the imminent investment pockets.
○ The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global snorkeling market share.
○ The current market is quantitatively analyzed from 2020 to 2027 to highlight the global snorkeling market growth scenario.
○ Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
○ The report provides a detailed global snorkeling market analysis based on competitive intensity and how the competition will take shape in coming years.
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Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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