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Showing posts with the label Wetsuits Industry

Wetsuits Market Statistics, Future Growth and Trend 2019-2022

Wetsuit refers to a garment typically prepared from foamed neoprene, which is worn by sailors, divers, surfers, and other individuals engaged in water sports, providing buoyancy, abrasion resistance, and thermal insulation. Various applications of wetsuits include water sports activities such as whitewater rafting, surfing, sailing, diving, and sea rescue operations. The Global Wetsuits Market size is expected to reach USD 1.18 billion by 2022, according to a new report by Grand View Research, Inc. The growth prospects for this market are bullish due to increase in water sports and recreational activities such as surfing, diving, and water skiing. Developing economies have been experiencing a rise in life expectancy. People with better standards of living are more prone to stay active longer and invest in premium quality sports goods. The rise in the number of women participating actively in water sports has led to a significant increase in the wetsuits demand across t...