According to a study by market research firm Fact.MR, sales of wetsuits globally are set to soar in the coming years, as more and more people take part in various watersports.
The projected growth should be a steady upward trend for the period of 2018 to 2028. Key points from the report include:
- Growth dominated by third party sales especially online.
- Substantial growth in the US especially North America, as watersports participant numbers expected to reach 140 million.
- Increased growth in Europe.
- Growth in the Asia-Pacific region as well as Australia and New Zealand.
You can find out more about the study here.