Research Report on Rafting Paddles Market for Exploring Various Growth Dimensions

 Rafting Paddles Market: 

• Rafting paddles are a combination of layered wood, plastic, aluminum, carbon fiber, or other advanced composites. There are several types and combinations of such materials with lower-end entry-level paddles composed of cheap aluminum and plastic. Higher-end models are made of high-end composites and mostly utilized by professional rafting guides, raft racers, and expedition paddlers. The basic paddle design for rafting consists of three parts: single blade, shaft, and T-grip. Paddles are typically utilized by rafters in smaller and lower volume rivers where rocks and other hazards can damage larger oars.

Key Drivers of the Global Rafting Paddles Market

• Recreational boating activities have expanded over the years, for which an inflatable boat is preferred, as inflatable kayaks and canoes offer more stability. Super buoyant, lightweight RIBs have cross-market appeal in both commercial as well as recreational markets. The large number of tourists visiting coastal regions creates opportunities for inflatable rafting boat manufacturers to expand their business. Maritime and coastal tourism, including recreational boating is projected to fuel the growth of the rafting paddles market globally.
• Consumer awareness and brand awareness regarding sports equipment are expected to boost the demand for premium rafting equipment. Increasing demand from the commercial sector with the rising number of sports coaching centers is likely to propel the growth of the market from the commercial segment. Product advancement in terms of quality and design of rafting equipment are expected to rise as improved designs are demanded more. This is projected to lead to constant growth of the rafting paddles market in the near future.

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Factors Restraining the Global Rafting Paddles Market

• Risks associated with water sports activities may act as a restraining factor to the growth of the rafting paddles market.
• Fluctuations in trade tariffs on several raw materials such as aluminum, metal, and other industrial goods can hamper the growth of the overall global rafting paddles market.

Market in Asia Pacific to Expand Rapidly

• In terms of region, the global rafting paddles market can be divided into North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA)
• North America country-level analysis features the U.S., Canada, and Rest of North America. Analysis and forecast of the rafting paddles market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the rafting paddles market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The South America rafting paddles market is segmented into Brazil, and Rest of South America.
• North America accounted for dominant share of the global rafting paddles market owing to rising popularity and increasing number of water sports participants among U.S. citizens for rafting. Growing number of rafting participants in the U.S. is creating opportunities for rafting equipment manufacturers, which is a prime factor driving the growth of the rafting paddles market in North America.
• The rafting paddles market in Asia Pacific is projected to expand rapidly during the forecast period due to the rising popularity of water sports in the region among the younger generation in countries such as Japan, India, and China, and rapid growth in expedition paddlers, which is majorly pushing the demand for rafting equipment and expected to fuel the growth of the rafting paddles market in the region.

Key Players Operating in the Global Market

Manufacturer in the rafting paddles market are focusing on becoming more proficient and developing products with advanced technologies which will enhance their competitive advantage and market share globally. Companies are focusing on innovations and developing cost efficient equipment to capture new markets and consolidate their position in existing markets.

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A few of the key players operating in the global rafting paddles market are:

• AIRE
• Airhead Sports Group
• Aquamarina Water Theme Park & Resort
• HYSIDE Inflatables
• Maravia
• NRS
• RAVE Sports
• SOTAR
• Vanguard Inflatables
• WING

Global Rafting Paddles Market: Research Scope

Global Rafting Paddles Market, by Material

• Aluminum
• Plastic
• Fiberglass
• Wood
• Others (Carbon Fiber, etc.)

Global Rafting Paddles Market, by Pricing

• High
• Medium
• Low

Global Rafting Paddles Market, by Application

• Leisure
• Professional & Sports
• Others (Maritime Security, etc.)

Global Rafting Paddles Market, by Pricing

• High
• Medium
• Low

Global Rafting Paddles Market, by Distribution Channel

• Online
  • E-commerce Portal
  • Company Owned Portal
• Offline
  • Hypermarket and Supermarket
  • Sport Stores
  • Others (Specialty Stores, etc.)

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