United States Swimming Kickboard Market Insight, Outlook, 2023-2030
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects United States Swimming Kickboard Market size to expand at a significant CAGR of 5.96% during the forecast period between 2024 and 2030. United States Swimming Kickboard Market is driven by various factors, such as the rising popularity of water sports and fitness activities and a growing focus on improving swimming techniques. Technological advancements in materials are also boosting the growth of the market. Additionally, people’s increasingly high participation in aquatics programs for fitness and wellness across the country is fueling the demand for swimming kickboards. It, in turn, is projected to expand the size of United States Swimming Kickboard Market during the period in analysis.
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Opportunity – Innovations in Kickboard Materials and Designs
United States Swimming Kickboard Market is expected to record significant growth rate in the coming years, mainly driven by the rising adoption of innovations in kickboard materials and designs. Manufacturers have introduced innovative swimming kickboards with ergonomic designs, including textured surface, contoured shape, and customizable kickboards. To enhance buoyancy, swimming kickboards are being manufactured with various materials including high density foam and EVA (ethylene-vinyl acetate) foam. In addition, there are interactive kickboards connected to apps or devices. An interactive kickboard provides swimmers with real-time feedback on performance metrics, like kick count and speed. An increasing demand for innovative swimming kickboards is pushing manufacturers to launch new swimming kickboards with various materials in different designs. This growing trend is expected to contribute significantly to the overall growth of United States Swimming Kickboard Market in the coming years.
Impact of Escalating Geopolitical Tensions on United States Swimming Kickboard Market
Intensifying geopolitical tensions could disrupt the supply chain and increase volatility in raw material costs for players in United States Swimming Kickboard Market. Conflict-induced disruptions in global supply chain could lead to delays in raw materials and increased production costs. Trade restrictions and tariffs may affect imports of swimming kickboards. Further, economic instability due to geopolitical turmoil could affect consumer spending on non-essential items, including swimming kickboards. Travel restrictions and reduced tourism may further reduce the demand for swimming equipment, as fewer people participate in beach holidays and water sports. Overall, increased geopolitical conflicts create an uncertain market environment, which affects the dynamics of supply and demand in United States Swimmng Kickboard Market.
Electric Swimming Kickboards to Grow at Faster Rate in US Market
Although non-electric swimming kickboards hold a larger market share in United States Swimming Kickboard Market by product type, the electric swimming kickboard segment is expected to grow at a faster CAGR during the forecast period. As electric kickboards provide beginners in swimming with convenience, efficiency, and speed, people are increasingly preferring electric product type than non-electric ones. Moreover, the electric swimming kickboards require less physical effort. Technological advancements in battery and motor design are expected to further enhance the performance of electric swimming kickboards in the coming years.
Competitive Landscape
United States Swimming Kickboard Market is fiercely competitive, with numerous companies vying for a larger market share. Major companies in the market include TYR Sport Inc., Kemp USA, Kiefer Aquatic, D&J Sports Inc., Kemp USA, Vanguard, Orca, Aquamentor, and Speedo USA. These companies use various strategies, including increasing investments in their R&D activities, mergers and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in United States Swimming Kickboard Market.
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