Kicking Strap Market: Global Industry Analysis And Forecast 2021-2031
Kicking Strap Market: Introduction
- A kicking strap is a piston system placed on a sailing boat that is utilized to exert downward force on the boom which helps the sailboat to maintain the optimum balance while sailing.
- A kicking strap may also act as a preventer in a situation where a sailboat lacks safety gear such as a boom preventer and also helps to control boom height during different wind conditions.
Rising Usage of Sailboats: A Key Driver
- In recent years, continuous growth in water tourism and recreational activities across the globe, along with increasing participation of users in water sports, adoption of waterways for transportation of goods and other sailing activities is likely to encourage the growth of the global kicking strap market. In addition, increasing awareness about the usage of kicking strap as a safety gear while sailing as it has multiple benefits and helps to improve overall performance is also encouraging the growth of the kicking strap market.
Economic Slowdown: A Key Restraint
- Several countries imposing lockdown due to impact of the COVID-19 pandemic situation has restrained the growth of the kicking strap market. Lack of supply of raw materials, decline in tourism activities, and imposition of trade barriers are major challenging factors in the growth of the kicking strap market. Key players in the market emphasizing on developing smart sailing gear may also hamper the growth of the kicking strap market. However, key manufacturers may also collaborate with commercial sailor services, boat & water sport clubs, and other professionals for the supply of kicking straps. This may be an opportunity for the growth of the kicking strap market.
North America a Potential Kicking Strap Market
- The global kicking strap market can be divided into five regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA)
- North America country-level analysis features the U.S., Canada, and Rest of North America. Analysis and forecast of the kicking strap market in Europe includes the U.K., Germany, France, and Rest of Europe. Similarly, the market in Asia Pacific comprises India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes GCC, South Africa, and Rest of Middle East & Africa. The kicking strap market in South America has been segmented into Brazil and Rest of South America.
- North America is expected to remain a potential market for the growth of kicking straps during the forecast period, owing to strong usage of sail boats in the region. However, Asia Pacific is seen to be a potential region for the growth of the kicking strap market owing to rising usage of sail boats in various recreational, sports, and tourisim activities.
Key Players Operating in the Global Kicking Strap Market
The global kicking strap market is widely consolidated in nature, due to presence of fewer players across the globe. Key players adopt new product development, acquisitions, mergers, and agreements as their key development strategy to remain competitive and enhance their customer base in the market.
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A few of the key players operating in the global kicking strap market are as follows:
- AG + Spars
- Allen Brothers (Fittings) Ltd.
- Cariboni Group
- Forespar Products Corporation
- Garhauer Marine, Inc.
- Hall Spars
- Hood Yacht Systems
- Nemo Industrie S.p.A.
- Ocean Yacht System
- Optimarts Marine Equipment B.V.
- Schaefer Yachts
- Sea Sure Ltd.
- Selden Mast AB
Global Kicking Strap Market: Research Scope
Global Kicking Strap Market, by Type
- Hydraulic
- Rigid
- Others (Reverse Thrust, Pneumatic, etc.)
Global Kicking Strap Market, by Handle
- Professional Sports
- Amateur Leisure
Global Kicking Strap Market, by Distribution Channel
- Online
- Offline
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