Summary

The water sports gear market stands out as a dynamic and ever-evolving sector in Thailand's vivid tapestry of diversified recreational landscapes. Thailand's water sports sector has evolved, giving rise to a developing need for high-quality gear and equipment. It is nestled among gorgeous coasts, turquoise oceans, and a tropical environment that lures adventurers year-round. From the bustling beaches of Phuket and Pattaya to the tranquil coasts of Krabi and Koh Samui, visitors and locals alike are lured to a variety of adrenaline sports such as snorkeling, scuba diving, surfing, kayaking, and more. As the country embraces its status as a premier water sports destination, the market for aquatic equipment finds itself at the crossroads of innovation and consumer preferences, offering both local entrepreneurs and international brands an enticing opportunity to make a splash in this sun-soaked realm. Thailand's water sports gear is distinguished by a unique blend of workmanship, innovation, and cultural influence, making it a specialist in the global market. Thai water sports gear is notable for its devotion to durability and adaptability, which are built to survive the region's tropical weather and regular use. Many local manufacturers blend traditional artwork into their products, integrating intricate patterns and decorations that honor Thailand's rich cultural past, making the gear not only useful but also visually appealing. Ultimately, Thailand's water sports gear is unique in its combination of functionality, artistry, sustainability, and adaptability, reflecting the country's rich culture, gorgeous natural environments, and innovative thinking.

According to the research report "Thailand Water Sports Gear Market Overview, 2028," published by Bonafide Research, the Thailand Water Sports Gear market is anticipated to add USD 270 Million from 2023 to 2028. The incorporation of technology into water sports gear is gaining traction. Innovative elements such as lightweight and durable materials, new wetsuit designs, and enhanced buoyancy aids have been included in Thailand, boosting the safety and performance of water sports fans. A tendency in the market has been toward personalized and custom-made water sports equipment. Businesses are catering to individual preferences and demands, whether it's building a one-of-a-kind surfboard, making tailored wetsuits, or crafting custom snorkeling equipment. Continuous advances in gear design are improving the whole experience for water sports fans, from enhanced paddle designs for kayaking to cutting-edge snorkel mask technology. These inventions frequently emphasize comfort, functionality, and ease of use. Educational activities and workshops have been created to encourage ethical water sports and environmental awareness. These initiatives aim to educate both locals and tourists about the need for marine ecosystem preservation while participating in water sports activities. Thai culture places a high value on workmanship and artistic expression. This is mirrored in water sports equipment by the use of traditional patterns, designs, and techniques. Handcrafted gear, such as hand-painted surfboards or finely woven snorkeling backpacks, is frequently created by local artists, adding a touch of cultural authenticity to the products. The blend of modern functions with antique beauty is a popular trend. Water sports equipment can include modern materials and technology while still retaining traditional design aspects, resulting in a harmonic balance of old and new that appeals to both residents and tourists.

The product type of the market include, water sports clothes (surfing apparel, swimwear, diving suit, water polo swimsuits and caps), boards (stand-up paddle board, windsurf boards, surfing, bodyboard), sailboat, swim mask & goggles (snorkel, snorkeling masks & diving mask), personal watercraft, life jackets , BCD (buoyancy control device), cylinder & diving propulsion vehicle, swim fins (snorkeling fins & diving fins), decompression chamber, others (kayak accessories, surfing accessories, diving accessories, balls, goal posts, water shoes, watches, safety helmets). Boards product type is gaining significant traction in Thailand water sports gear market. Boards are used for a variety of water sports such as surfing, paddleboarding, wakeboarding, and kiteboarding. Thailand's diversified coastline terrain and pleasant weather conditions make it a perfect destination for these activities, attracting people of all skill levels. Thailand's position as a prime tourism destination attracts a steady influx of thrill-seeking visitors. Surfing, stand-up paddleboarding (SUP), and other board-related activities provide travellers wishing to explore the country's beautiful waterways with unique and interesting experiences. The popularity of social media has increased the desire for aesthetically appealing experiences. Board sports provide gorgeous, shareable images, adding to the trend of vacationers seeking Instagram-worthy moments and strengthening their personal lifestyle brands.

Based on age group market is divided into adults, kids, and geriatric. Adults age group is leading the market of Thailand. Thailand is a popular adult travel destination for those looking for new adventures. The country's beautiful beaches, clear waters, and dynamic water sports scene attract tourists who are eager to attempt new water activities, increasing demand for water sports equipment. Many adults consider water sports like scuba diving, snorkeling, and paddleboarding to be bucket list experiences. As part of their travel and adventure ambitions, they are more likely to prioritize and invest in these activities. The distribution channel of the market include, franchise store, specialty store, online store, supermarket/hypermarket, and others (resort shops, boating and marine supply stores, direct sales, tour operators, etc.). There is rising demand for water sports gear through speciality store is growing in Thailand. Specialty stores sell only water sports equipment, with a large choice of products targeted at specific hobbies like surfing, snorkeling, scuba diving, and more. This range ensures that clients may obtain high-quality equipment that meets their needs and is compatible with the demands of various water activities. Individual tastes can be met with tailored solutions at specialty retailers. Staff may assist customers in selecting equipment that fits properly, has the needed features, and meets individual needs, ensuring a personalized shopping experience. Water sports communities rely on specialty stores as meeting places. Customers can network with like-minded people, attend classes, and take part in store-organized activities, establishing a sense of belonging and camaraderie.

Considered in this report:
• Geography: Thailand
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report:
• Thailand Water Sports Gear market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Product Type:
• Water sports Clothes (Surfing Apparel, Swimwear, Diving Suit, Water Polo Swimsuits and Caps)
• Boards (Stand-up Paddle Board, Windsurf Boards, Surfing, Bodyboard)
• Sailboat
• Swim Mask & Goggles (Snorkel, Snorkeling Masks & Diving Mask)
• Personal Watercraft
• Life Jackets
• BCD (Buoyancy Control Device)
• Cylinder & Diving Propulsion Vehicle
• Swim Fins (Snorkeling Fins & Diving Fins)
• Decompression Chamber
• Others (Kayak Accessories, Surfing Accessories, Diving Accessories, Balls, Goal Posts, Water Shoes, Watches, Safety Helmets)

By Age Group:
• Adults
• Kids
• Geriatric

By Distribution Channel:
• Franchise Store
• Specialty Store
• Online Store
• Supermarket/Hypermarket
• Others (Resort Shops, Boating and Marine Supply Stores, Direct Sales, Tour Operators, etc.)

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.

Intended audience:
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Water Sports Gear industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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Table of Contents

Table of Contents
1. Executive Summary
2. Market Structure
2.1. Market Considerate
2.2. Assumptions
2.3. Limitations
2.4. Abbreviations
2.5. Sources
2.6. Definitions
2.7. Geography
3. Research Methodology
3.1. Secondary Research
3.2. Primary Data Collection
3.3. Market Formation & Validation
3.4. Report Writing, Quality Check & Delivery
4. Thailand Macro Economic Indicators
5. Market Dynamics
5.1. Key Findings
5.2. Key Developments - 2021
5.3. Market Drivers & Opportunities
5.4. Market Restraints & Challenges
5.5. Market Trends
5.6. Covid-19 Effect
5.7. Supply chain Analysis
5.8. Policy & Regulatory Framework
5.9. Industry Experts Views
6. Thailand Water Sports Gear Market Overview
6.1. Market Size By Value
6.2. Market Size and Forecast By Product Type
6.3. Market Size and Forecast By Age Group
6.4. Market Size and Forecast By Distribution Channel
7. Thailand Water Sports Gear Market Segmentations
7.1. Thailand Water Sports Gear Market, By Product Type
7.1.1. Thailand Water Sports Gear Market Size, By Water Sports Clothes, 2017-2028
7.1.2. Thailand Water Sports Gear Market Size, By Boards, 2017-2028
7.1.3. Thailand Water Sports Gear Market Size, By Sailboat, 2017-2028
7.1.4. Thailand Water Sports Gear Market Size, By Swim Mask & Goggles, 2017-2028
7.1.5. Thailand Water Sports Gear Market Size, By Personal Watercraft, 2017-2028
7.1.6. Thailand Water Sports Gear Market Size, By Life Jackets, 2017-2028
7.1.7. Thailand Water Sports Gear Market Size, By BCD (Buoyancy Control Device), 2017-2028
7.1.8. Thailand Water Sports Gear Market Size, By Cylinder & Diving Propulsion Vehicle, 2017-2028
7.1.9. Thailand Water Sports Gear Market Size, By Swim Fins, 2017-2028
7.1.10. Thailand Water Sports Gear Market Size, By Decompression Chamber, 2017-2028
7.1.11. Thailand Water Sports Gear Market Size, By Others, 2017-2028
7.2. Thailand Water Sports Gear Market, By Age Group
7.2.1. Thailand Water Sports Gear Market Size, By Adults, 2017-2028
7.2.2. Thailand Water Sports Gear Market Size, By Kids, 2017-2028
7.2.3. Thailand Water Sports Gear Market Size, By Geriatric, 2017-2028
7.3. Thailand Water Sports Gear Market, By Distribution Channel
7.3.1. Thailand Water Sports Gear Market Size, By Franchise Store, 2017-2028
7.3.2. Thailand Water Sports Gear Market Size, By Specialty Store, 2017-2028
7.3.3. Thailand Water Sports Gear Market Size, By Online Store, 2017-2028
7.3.4. Thailand Water Sports Gear Market Size, By Supermarket/Hypermarket, 2017-2028
7.3.5. Thailand Water Sports Gear Market Size, By Others, 2017-2028
8. Thailand Water Sports Gear Market Opportunity Assessment
8.1. By Product Type, 2023 to 2028
8.2. By Age Group, 2023 to 2028
8.3. By Distribution Channel, 2023 to 2028
9. Competitive Landscape
9.1. Porter's Five Forces
9.2. Company Profile
9.2.1. Company 1
9.2.1.1. Company Snapshot
9.2.1.2. Company Overview
9.2.1.3. Financial Highlights
9.2.1.4. Geographic Insights
9.2.1.5. Business Segment & Performance
9.2.1.6. Product Portfolio
9.2.1.7. Key Executives
9.2.1.8. Strategic Moves & Developments
9.2.2. Company 2
9.2.3. Company 3
9.2.4. Company 4
9.2.5. Company 5
9.2.6. Company 6
9.2.7. Company 7
9.2.8. Company 8
10. Strategic Recommendations
11. Disclaimer

List of Figures
Figure 1: Thailand Water Sports Gear Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 2: Market Attractiveness Index, By Product Type
Figure 3: Market Attractiveness Index, By Age Group
Figure 4: Market Attractiveness Index, By Distribution Channel
Figure 5: Porter's Five Forces of Thailand Water Sports Gear Market

List of Table

Table 1 : Influencing Factors for Thailand Water Sports Gear Market, 2022
Table 2: Thailand Water Sports Gear Market Size and Forecast By Product Type (2017, 2022 & 2028F)
Table 3: Thailand Water Sports Gear Market Size and Forecast By Age Group (2017, 2022 & 2028F)
Table 4: Thailand Water Sports Gear Market Size and Forecast By Distribution Channel (2017, 2022 & 2028F)
Table 5: Thailand Water Sports Gear Market Size of Water Sports Clothes (2017 to 2028) in USD Billion
Table 6: Thailand Water Sports Gear Market Size of Boards (2017 to 2028) in USD Billion
Table 7: Thailand Water Sports Gear Market Size of Sailboat (2017 to 2028) in USD Billion
Table 8: Thailand Water Sports Gear Market Size of Swim Mask & Goggles (2017 to 2028) in USD Billion
Table 9: Thailand Water Sports Gear Market Size of Personal Watercraft (2017 to 2028) in USD Billion
Table 10: Thailand Water Sports Gear Market Size of Life Jackets (2017 to 2028) in USD Billion
Table 11: Thailand Water Sports Gear Market Size of BCD (Buoyancy Control Device) (2017 to 2028) in USD Billion
Table 12: Thailand Water Sports Gear Market Size of Cylinder & Diving Propulsion Vehicle (2017 to 2028) in USD Billion
Table 13: Thailand Water Sports Gear Market Size of Swim Fins (2017 to 2028) in USD Billion
Table 14: Thailand Water Sports Gear Market Size of Decompression Chamber (2017 to 2028) in USD Billion
Table 15: Thailand Water Sports Gear Market Size of Others (2017 to 2028) in USD Billion
Table 16: Thailand Water Sports Gear Market Size of Adults (2017 to 2028) in USD Billion
Table 17: Thailand Water Sports Gear Market Size of Kids (2017 to 2028) in USD Billion
Table 18: Thailand Water Sports Gear Market Size of Geriatric (2017 to 2028) in USD Billion
Table 19: Thailand Water Sports Gear Market Size of Franchise Store (2017 to 2028) in USD Billion
Table 20: Thailand Water Sports Gear Market Size of Specialty Store (2017 to 2028) in USD Billion
Table 21: Thailand Water Sports Gear Market Size of Online Store (2017 to 2028) in USD Billion
Table 22: Thailand Water Sports Gear Market Size of Supermarket/Hypermarket (2017 to 2028) in USD Billion
Table 23: Thailand Water Sports Gear Market Size of Others (2017 to 2028) in USD Billion