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Sailing Jackets Market to reach a market size of $178.8 Million by 2025

Press release   •   Feb 06, 2020 15:03 IST

According to a new report Global Sailing Jackets Market, published by KBV Research, The Global Sailing Jackets Market size is expected to reach $178.8 Million by 2025, rising at a market growth of 6.9% CAGR during the forecast period.

In terms of revenue, in 2018, the offline distribution channel accounted for the top market share. Sports and specialty retail stores are the world's most popular forms of distribution. The online distribution channel is projected to grow from 2019 to 2025 at the fastest CAGR of 7.9%.

The men segment held the largest market share in terms of revenue in 2018. The kid End User category holds the lowest share of the global market for sailing jackets. Nonetheless, this segment is expected to see fastest growth rate of 7.6% in the near future. The women's End User sector is projected to experience the significant CAGR of 7.1% between 2019 and 2015. Yachting is steadily gaining popularity among women all over the world.

North America held a dominant market share in the regional market of Sailing Jackets in 2018. Recreational yachting is one of the most common recreational activities in the U.S. Increased participation in marine sport activities has improved the industry in this area. Europe witnessed a rapid growth rate of 6.6% during the forecast period. Italy, France, and Spain are the most common yachting destinations in Europe. Asia Pacific is expected to grow by a highest growth rate of 8.2% from 2019 to 2025. China, Australia, Vietnam, Thailand and South Korea are the leading national markets for sailing jackets.

Structural Insights: https://www.kbvresearch.com/sailing-jackets-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Canadaian Tire Corporation Limited (Helly Hansen), Henri Lloyd International AB (Aligro Group), Gill Marine International Ltd., Marinepool Sportartikel GmbH & Co. KG, Sail Racing International AB, Decathlon S.A., Slam SpA, Burke Marine Company, Zhik Pty Ltd., and Regatta Ltd. (Risol Imports Ltd.)

Recent Strategies Deployed in Sailing Jackets Market

» Partnerships, Collaborations and Agreements:

Sep-2019: Slam came into partnership with HISWA Te water in which it showcases its latest collections to exhibitors and visitors.

Aug-2019: Gill Marine partnered with Jaguar Vector Racing in which Gill supplies apparel for 2019/2020 seasons. Gill will produce an exclusive and bespoke range of technical and lifestyle apparel for Jaguar Vector Racing as well as support vector in its Worlds Record Programme and upcoming races.

Feb-2019: Gill Marine signed partnership agreement with Great Britain SailGP in which it supplies its latest range of clothing. Under the partnership, Gill Marine designs a bespoke line of Great Britain SailGP Team merchandise.

Feb-2019: Zhik partnered with Australia SailGP Team in which it supplies clothes to SailGP. SailGP will be taking part in all new, highly athletic global SailGP league, racing in cutting edge F50 wingsail, foiling catamarans.

Apr-2018: Helly Hansen, a Canadian Tire Company, came into five year partnership with RNLI for supporting its lifesaving charity's aim of defeating drowning. Helly Hansen supports RNLI through variety of activities including supporting fundraising and safety campaigns, delivering drowning prevention messages to customers, product innovation, generating income, and supplying new kit to RNLI.

» Acquisition and Mergers:

May-2018: Canadian Tire acquired Helly Hansen, a Norway-based sportswear company. Helly Hansen is engaged in producing textiles and gear for sports and work on the oceans and in the mountains. The acquisition provides a tremendous opportunity to Canadian Tire to expand its business in producing various types of clothes for outdoor gear and active living.

Feb-2018: Gill Marine announced the completion of Gill North America, a leading marine brand in Canada, Mexico, Caribbean, and United States. The acquisition brings enhanced benefits to the US customers of Gill Marine and exceeds its annual revenues.

Oct-2017: Canadian Tire's Company, Helly Hansen took over Musto, a London's clothing company that supplies its products to British sailing and equestrian Olympic teams. The acquisition helps Helly Hansen in expanding its business in UK's higher-end outdoor clothing market.

» Product Launches and Product Expansions:

May-2019: Henri Lloyd launched its new Fremantle range in London, produced in their factory in Europe. The Fremantle range includes light-weight and durable collection aimed at sportsboat sailor and inshore keelboat.

Dec-2018: Gill Marine introduced its latest collection of clothings including race ocean jackets, race fusion systems, OS2 systems, eyewear, footwear, watches, etc. The launch of its latest collection is aimed at fulfilling the needs of elite level sailor with advanced technological details.

Global Sailing Jackets Market Segmentation

By End User

Kids

Women

Men

By Distribution Channel

Online

Offline

By Geography

North America

US

Canada

Mexico

Rest of North America

Europe

Germany

UK

France

Russia

Spain

Italy

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

Singapore

Australia

Rest of Asia Pacific

LAMEA

Brazil

Argentina

UAE

Saudi Arabia

South Africa

Nigeria

Rest of LAMEA

Companies Profiled

Canadaian Tire Corporation Limited (Helly Hansen)

Henri Lloyd International AB (Aligro Group)

Gill Marine International Ltd.

Marinepool Sportartikel GmbH & Co. KG

Sail Racing International AB

Decathlon S.A.

Slam SpA

Burke Marine Company

Zhik Pty Ltd.

Regatta Ltd. (Risol Imports Ltd.)

Sailing Jackets Market Related Reports:

North America Market

Europe Market

Asia Pacific Market

LAMEA Market

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