The recreational rowing boats market is gaining popularity owing to rising health consciousness among individuals and growing preference for outdoor recreational activities. Recreational rowing boats are primarily used for various leisure activities such as rowing exercises and rowing regattas, among others. Recreational rowing boats provides cardiovascular benefits and helps build muscle strength. With flexible rowing machines, one can row indoors or outdoors on water bodies. The demand for rowing boats is increasing due to growing interest in water sports activities and awareness regarding physical & mental wellbeing.

The Global Recreational Rowing Boats Market is estimated to be valued at US$ 10.83 Bn in 2024 and is expected to exhibit a CAGR of 5.6 % over the forecast period 2024 to 2031


Key Takeaways

Key players operating in the recreational rowing boats are Euro Diffusion’s, FILIPPI LIDO SRL, Row Alden, Rowing Yard Wiersma, Sykes Racing, ECHO ROWING, Kiwi International Rowing Skiffs Ltd., Empacher, Vega Realisations Composites, Leo Coastal, Whitehall Rowing Sail, Durham Boat Company, Baumgarten Bootsbau, Virusboats, Janousek.

The increasing awareness about health benefits and rising youth population involvement in water sports activities is propelling the Recreational Rowing Boats Market Demand. Technological advancements such as the adoption of lightweight and durable materials for manufacturing boats along with innovations in rowing machine designs are encouraging recreational activities and boat sales.

Market Trends

The recreational rowing boats market is witnessing remarkable growth owing to some key trends -

Developments in rowing boat designs: Recreational Rowing Boats Market Regional Analysis on innovative designs, improved aesthetics and utilization of lightweight yet durable materials such as carbon fiber and fiberglass. New designs enable comfortable rowing sessions for users of all age groups.

Growth in outdoor recreational activities: With rising health awareness and busy lifestyles, people are preferring outdoor recreational activities like rowing, sailing, and adventure sports over indoor activities. This is translating into the increased sale of rowing boats.

Market Opportunities

Participation of women: Rowing provides health and fitness benefits which attract women participants rapidly. Manufacturers can increase their customer base by offering women-specific boats with enhanced safety, storage and ergonomic features.

Adoption of solar boats: Solar boats utilize photovoltaic panels to power electrical equipment while reducing battery requirements. Their popularity is increasing in recreational and tourism applications due to low noise and zero emission operation.

Impact of COVID-19 on Recreational Rowing Boats Market
The COVID-19 pandemic has significantly impacted the growth of the recreational rowing boats market. During the initial lockdown period in 2020, manufacturing units and production facilities were shut down which disrupted the supply chain. This led to a decline in sales and revenue in 2020. Moreover, restrictions on travel and outdoor activities also declined the demand for recreational rowing boats. Many events and rowing competitions were either cancelled or postponed which further impacted the market negatively.

However, with the lifting of lockdowns and restrictions in 2021, the market started recovering gradually. Social distancing norms increased the adoption of individual outdoor activities like rowing which boosted the demand. Moreover, many people took up rowing as a new hobby or activity to keep themselves fit during the pandemic. Manufacturers also started production with necessary safety guidelines and protocols in place which stabilized the supply chain. They also focused on online sales and delivery models to sustain revenue during these uncertain times.

Going forward, the market is expected to grow steadily owing to rising health awareness post-COVID. People want to continue individual activities like rowing for fitness and wellbeing. Manufacturers are also expected to focus on innovative product offerings, adopt advanced technologies and expand distribution networks globally to cater to the growing demand. Investing in digital and omni-channel strategies would also help gain new customers and drive future growth in this market.

Europe

Europe currently accounts for the largest share of the global recreational rowing boats market in terms of value. Countries like the UK, Germany, Italy and France have a strong base for rowing with numerous clubs, organizations and regular rowing activities. Major rowing competitions and events held in Europe annually attract participants from across the globe. The presence of established manufacturers and suppliers along with high consumer demand has made Europe the dominant regional market. Moreover, factors like rising health consciousness, growing interests in water sports and outdoor activities further support the market growth in the European countries.

Asia Pacific

The Asia Pacific region is expected to witness the fastest growth in the recreational rowing boats market during the forecast period. Rapid urbanization, rising disposable incomes, growing popularity of water sports and fitness activities are some key factors driving the market in the Asia Pacific region. Countries like China, Japan, Australia and South Korea are emerging as lucrative markets. Manufacturers are also shifting production bases to the Asia Pacific region due to availability of raw materials, labor and lower production costs. Furthermore, infrastructure developments in rows ports and clubs in many cities provide a strong platform for the market to grow substantially in the coming years.

 

 

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