Category : Consumer Goods | Published Date : Sep 2023
The report highlights the rising scuba diving equipment industry, which is proliferating the global market growth. Consegic Business Intelligence study also provides insights into the market's competitive landscape, market segmentation, regional outlook, and emerging technologies in the brown sugar market.
The swim fins market is bifurcated into type, material type, application, and distribution network. Based on type the market is segmented into short blade swim fins, fitness swim fins, monofins, breaststroke swim fins, and others. In 2022, the short blade swim fins segment dominated the overall swim fins market. The material type segment is categorized into plastic, rubber, carbon fiber, and silicone. In 2022, the rubber segment accounted for the highest market share in the swim fins market. The application segment is categorized into training & fitness, diving, and others. In 2022, the diving segment accounted for the highest market share in the swim fins market. The distribution network segment is categorized into online and offline. The online segment is further categorized into e-commerce and company owned-website and the offline segment is further categorized into supermarkets/hypermarkets, convenience stores, specialty stores, and others. In 2022, the offline segment accounted for the highest market share in the swim fins market.
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Report Attributes | Report Details |
By Type | Short Blade Swim Fins, Fitness Swim Fins, Monofins, Breaststroke Swim Fins, and Others |
By Material Type | Plastic, Rubber, Carbon Fiber, and Silicone |
By Application | Training & Fitness, Diving, and Others |
By Distribution Network | Offline (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, and Others) and Online (E-commerce and Company Owned-Website) |
By Region | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
The market is dominated by certain major companies such as Speedo, IST SPORTS CORP., FINIS, INC., and Aqua Lung International which have a strong market position in current market circumstances. These companies are continuously leveraging new products to develop innovative swim fins that are more flexible, light weight and cost-effective as compared to other swim fins. Furthermore, the swim fins market is expected to witness substantial growth in the coming years due to the growing interest in water-based fitness and the rising scuba diving equipment industry.
The market is characterized by intense competition, with companies focusing on expanding their product offerings and increasing their market share through mergers, acquisitions, and partnerships.