Global Swim Fins Market growing at a CAGR of 2.9% from 2023 to 2030
Category : Consumer Goods | Published Date : Sep 2023
Key Market Overview
Consegic Business Intelligence analyzes that the swim fins market is predicted to grow at a compound annual growth rate of 2.9% from 2023 to 2030 and is expected to reach USD 119.74 Million in 2030 which was valued at USD 95.50 Million in 2022.
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.
Global Swim Fins Market By Overview
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.
Get Free SampleMarket Dynamics
Driver:
- Growing adoption of swimming in the fitness and sports industry is driving the market growth.
- Rising scuba diving equipment industry is fostering market growth.
Restraints:
- Increasing concerns of environmental impact is hampering the growth of the swim fins market.
Market Segmentation:
| 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 |
Competitive Landscape :
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.
- Speedo
- IST SPORTS CORP.
- FINIS, INC.
- Aqua Lung International
- Sun Tail Mermaid, LLC.
- Mahina-Mermaid
- Kiefer Aquatics
- Adolph Kiefer & Associates LLC
- H2Odyssey
- TYR SPORT. INC.
- Mares
- BEUCHAT INTERNATIONAL
- Scubapro (Johnson Outdoors)
- Huish Outdoors
- Mad Wave LTD
- Zoggs International