Canoe Market, By Type (Single Seater, Two Seater, Three Seater, and Four Seater), By Material (Wooden, Metal, Plastic, and Composites), By Application (Flatwater, Touring, Racing, Recreational, Multi-Use, Fishing, White-Water, and Hunting), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030

A canoe is thin lightweight vessel, mainly pointed at the ends and open on top. Canoes have widespread applications for competition and pleasure, such as racing, touring & camping, playboating, whitewater, and general recreation. The thoughtful use of canoes describes its hull shape, length, and construction material. Modern Canoes are designed with molded composites like fiberglass or plastic. In countries like some northern United States, Canada, and New Zealand, canoes are essential theme in popular culture and in some places it is also utilized as mean of transport for trade and exploration. Sport enthusiasm for soft adventure sports is the key factor driving the growth of canoes market. Moreover, rising awareness for health & fitness has been highly rushing, encouraging people to take part in recreational and sports activities such as rafting and kayaking, coherently propelling the growth of the Canoe Market.

Growing interest of number of sport supporters towards alternate physical outdoor and adventure sports involving scuba diving, rafting, canoeing, stand-up paddle boarding, kayaking, and snorkeling has increased recently. Due the health benefits offered by the adventure, water sports like kayaking and canoeing are being most preferred recreational activity globally. This is expected to propel the canoes market over the forecast period. Moreover, to influence the revenue generation from the tourism industry, governments across the world are endorsing water sports industry by implementing promotional campaigns and hiring tour operators. Growing recreational activities along with substantial fishing around the globe is anticipated to fuel the global demand for canoes market in the coming years. Besides, technological advancement also promote the sales of canoes market throughout the forecast period. However, the canoeing equipment are obtained on a rental basis due to its high cost which is hampering the growth of market in the coming years.

Canoe market is segmented based on type, material, application, and region.

On the basis of type, the canoe market is segmented into single seater, two seater, three seater, and four seater. On the basis of material, the target market is classified into wooden, metal, plastic, and composites. On the basis of application, the target market is classified into flatwater, touring, racing, recreational, multi-use, fishing, white-water, and hunting.

Regional Insights:

On region the canoe market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Participation rate in the paddle sports has witnessed a huge growth in North America. Governments in the region are focusing on establishing championships for promotion of adventure tourism, thus boosting the popularity of such sports. Hence, North America and Latin America is expected to register for highest share in the global canoes market. For Instance, The Pan Am Championships held annually in the America is measured as the most significant canoeing championship. Europe is projected to have substantial share in the global canoes market due to growth in tourism industry in European countries. Asia Pacific region is also expected to have remarkable share in the global canoes market due to growing disposable income of population along with growing interest in the tourism.

Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest application trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the canoe market report based on type, material, application, and region.

Canoe Market, By Type:

• Single Seater
• Two Seater
• Three Seater
• Four Seater

 Canoe Market, By Material:

• Wooden
• Metal
• Plastic
• Composites

 Canoe Market, By Application:

• Flatwater
• Touring
• Racing
• Recreational
• Multi-Use
• Fishing
• White-Water
• Hunting

 Canoe Market, By Region:

• North America
  • Middle East & Africa
    • • GCC
      • Israel
      • South Africa
      • Rest of Middle East & Africa
  • Latin America
    • • Brazil
      • Mexico
      • Rest of Latin America
  • Asia Pacific
    • • China
      • India
      • Japan
      • South Korea
      • Rest of Asia Pacific
  • Europe
    • • Germany
      • UK
      • France
      • Russia
      • Italy
      • Rest of Europe
  • • U.S.
    • Canada

The key players operating the canoe market includes Aquarius, Hody Sport, KL Outdoor, Linder, Nautiraid - Squale – Ckl, Nelo, Mad River, NeoBoat, Dock Marine Systems, Nova Craft, and Old Town. The manufacturers are focusing on technological advancements such as the molded composites like fiberglass or plastic which are being utilized for production of canoes instead of aluminum and wood.

• Aquarius
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Overview
  • Business Strategies
• Hody Sport
• KL Outdoor
• Linder
• Nautiraid - Squale – Ckl
• Nelo
• Mad River
• NeoBoat
• Dock Marine Systems
• Nova Craft
• Old Town.

“*” marked represents similar segmentation in other categories in the respective section