Water Sport Accessories Market Size

Water Sport Accessories Market size was over USD 3.31 billion in 2024 and is projected to reach USD 4.56 billion by 2037, witnessing around 2.5% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of water sport accessories is assessed at USD 3.38 billion.

The market is anticipated to grow primarily on account of the growing awareness for safety in watersports, followed by the growing number of participants for recreational watersport activities. According to the statistics by the United States Coast Guard, 5265 recreational boating accidents in the U.S. were recorded during the calendar year 2020. This included 767 deaths due to recreational boating accidents, followed by 3191 injuries and damage to property worth around USD 62.5 Million. Moreover, according to the statistics by the Outdoor Industry Association, outdoor participation amidst COVID-19 increased significantly. In the year 2020, 160.7 Million Americans of ages 6 and above were known to participate in at least one outdoor activity. This was an increase by 7.1 Million participants than the previous year.