Kayak Accessories Market Summary
As per Market Research Future Analysis, the kayak accessories market is projected to reach around USD 279.6 million by 2027, growing at a CAGR of 3.85% from 2020 to 2027. The increasing popularity of kayaking for various activities such as fishing, diving, and racing is driving the demand for kayak accessories globally. However, rising drowning rates and the impact of COVID-19 on logistics and production have posed challenges to market growth. The gradual relaxation of restrictions is expected to boost sales in the near future.
Key Market Trends & Highlights
The kayak accessories market is witnessing several key trends and highlights.
- Market size projected to reach USD 279.6 million by 2027.
- CAGR of 3.85% expected from 2020 to 2027.
- North America dominated the market in 2019, driven by a growing interest in recreational sports.
- Asia-Pacific is anticipated to be the fastest-growing region due to a rising young population.
Market Size & Forecast
Market Size in 2020 | USD 279.6 Million |
Forecasted CAGR | 3.85% |
Major Players
Bending Branches (US), Delta Kayaks Ltd (Canada), Eddyline Kayaks, LLC (US), Hobie Company, Inc. (US), Kokatat, Inc. (US), Northwest River Supplies (NRS) (US), Johnson Outdoors Inc. (US), Pelican International Inc. (Canada), Confluence Outdoor (US), Werner Paddles, Inc. (US)