The global water polo equipment market size reached US$ 3.6 Billion in 2023. Looking forward, the market is projected to reach US$ 5.1 Billion by 2032, exhibiting a growth rate (CAGR) of 3.95% during 2023-2032. The increasing popularity of water sports, the easy product availability at affordable price points, and the growing inclusion of water polo as a part of extracurricular activity represent some of the key factors driving the market.
Water polo is a seven-sided sports game that involves seven swimmers in each team competing to receive and deliver the ball into the opponents’ goals. This game requires caps, swimming trunks, suits, balls, goal posts, swim goggles, mouthguards, and various storage devices, such as ball carts and bags, as the standard equipment. Some of these components are usually manufactured from nylon, cotton, latex, silicone, rubber, and polyvinyl chloride (PVC) materials.
Water polo equipment maintains the individual’s body temperature, prevents the ball from slipping out during the gameplay, and protects players against harsh environmental conditions, including strong winds and sunburns. Apart from this, water polo equipment helps regulate body temperature, provides optimal comfort, reduces muscle fatigue, and prevents the risk of severe injuries. As a result, water polo equipment is extensively used during the gameplay by sports players to maintain the optimal safety while ensuring the ease of movement while playing.
Additionally, the implementation of favorable green initiatives by governments of several countries has prompted sports product manufacturers to employ recycled and eco-friendly materials to fabricate water polo equipment, which, in turn, is contributing to the market growth. Moreover, the ongoing introduction of innovative sports products in terms of designs, color combinations, shapes, sizes, materials, and weights to facilitate the constantly evolving consumer preferences is supporting the market growth.
Furthermore, the availability of multiple water polo equipment across diverse distribution channels at cost-effective rates, such as e-commerce portals, is propelling the market growth. Apart from this, the continuous development of lightweight and advanced water polo equipment by key players and fueling interest in recreational water sports are positively impacting the market growth.
Water polo is a seven-sided sports game that involves seven swimmers in each team competing to receive and deliver the ball into the opponents’ goals. This game requires caps, swimming trunks, suits, balls, goal posts, swim goggles, mouthguards, and various storage devices, such as ball carts and bags, as the standard equipment. Some of these components are usually manufactured from nylon, cotton, latex, silicone, rubber, and polyvinyl chloride (PVC) materials.
Water polo equipment maintains the individual’s body temperature, prevents the ball from slipping out during the gameplay, and protects players against harsh environmental conditions, including strong winds and sunburns. Apart from this, water polo equipment helps regulate body temperature, provides optimal comfort, reduces muscle fatigue, and prevents the risk of severe injuries. As a result, water polo equipment is extensively used during the gameplay by sports players to maintain the optimal safety while ensuring the ease of movement while playing.
Global Water Polo Equipment Market
Water Polo Equipment Market Trends
The increasing popularity of water polo sports, especially in events, such as the Commonwealth, Olympics, and Asian Games and the rising participation of youth in various gaming events as extracurricular curricular activity represent a prime factor driving the market growth. This can be further attributed to the growing health concerns and the escalating individual awareness regarding the multiple benefits of participating in sports activities. In line with this, the ongoing acceptance of in-the-water sports and the growing need for several efficient and safe equipment during intensive training sessions and competitions to avoid injuries is acting as another growth-inducing factor.Additionally, the implementation of favorable green initiatives by governments of several countries has prompted sports product manufacturers to employ recycled and eco-friendly materials to fabricate water polo equipment, which, in turn, is contributing to the market growth. Moreover, the ongoing introduction of innovative sports products in terms of designs, color combinations, shapes, sizes, materials, and weights to facilitate the constantly evolving consumer preferences is supporting the market growth.
Furthermore, the availability of multiple water polo equipment across diverse distribution channels at cost-effective rates, such as e-commerce portals, is propelling the market growth. Apart from this, the continuous development of lightweight and advanced water polo equipment by key players and fueling interest in recreational water sports are positively impacting the market growth.
Key Market Segmentation
This report provides an analysis of the key trends in each segment of the global water polo equipment market, along with forecasts at the global, regional, and country levels from 2024-2032. The report has categorized the market based on type and distribution channel.Type Insights:
- Swimsuits
- Balls
- Caps
- Goal Posts
Distribution Channel Insights:
- Sports and Specialty Stores
- Supermarkets and Hypermarkets
- Department Stores
- Online Stores
Regional Insights:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape
The report has also provided a comprehensive analysis of the competitive landscape in the global water polo equipment market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Kap7 International Inc., Mikasa Corporation, TYR Sport Inc. (Swimwear Anywhere Inc.), etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.Key Questions Answered in This Report
- How has the global water polo equipment market performed so far and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global water polo equipment market?
- What are the key regional markets?
- Which countries represent the most attractive water polo equipment markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the distribution channel?
- What is the competitive structure of the global water polo equipment market?
- Who are the key players/companies in the global water polo equipment market?
Table of Contents
1 Preface3 Executive Summary10 Value Chain Analysis12 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Water Polo Equipment Market
6 Market Breakup by Type
7 Market Breakup by Distribution Channel
8 Market Breakup by Region
9 Drivers, Restraints, and Opportunities
11 Porters Five Forces Analysis
13 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Kap7 International Inc.
- Mikasa Corporation
- TYR Sport Inc. (Swimwear Anywhere Inc.)
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 135 |
| Published | April 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 3.6 Billion |
| Forecasted Market Value ( USD | $ 5.1 Billion |
| Compound Annual Growth Rate | 3.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 3 |
