RECREATIONAL ROWING BOATS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Recreational Rowing Boats Market Size and Trends

Global recreational rowing boats market is estimated to be valued at US$ 10.83 Bn in 2024 and is expected to reach US$ 15.90 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 5.6% from 2024 to 2031.

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Rowing has emerged as a popular recreational water activity in the recent years. The health benefits associated with rowing along with the growing interest in outdoor and adventure sports among millennials and generation Z are expected to boost demand for recreational rowing boats. Manufacturers are focusing on developing innovative, lightweight and durable rowing boats to cater to the dynamic needs of recreational rowers. Furthermore, growing popularity of rowing competitions is also contributing to increased focus on rowing as a sport, which is having a ripple effect on the sales of recreational rowing boats

Market Driver: Growing Interest in Health and Fitness

The growing interest of people in health and fitness is expected to boost demand for recreational rowing boats in recent times. There has been a significant rise in health awareness among individuals, and people are now much more focused on maintaining an active and healthy lifestyle. Leading a sedentary lifestyle is known to increase the risks of many lifestyle diseases and physical inactivity has come under widespread scrutiny. More and more people are realizing the importance of regular exercise, and are actively including various physical activities in their daily routine. Rowing is considered as one of the best full-body workouts that helps burn maximum calories and build strength. It engages 85% of the muscles in the body from calves and thighs to core, back, shoulders and arms. The low impact nature of rowing also makes it gentle on joints. The mental and physiological benefits of rowing have led to its increasing popularity as a recreational sport. Rowing provides an effective cardio workout and is a stress-busting activity as well. With growing popularity, the availability and accessibility of recreational rowing boats has also increased significantly. Various models suited for beginners as well as experienced rowers are now easily available in the market.

Rising popularity of different types of watersports and outdoor recreational activities has been another key driver for the recreational rowing boats market. With increasing urbanization and busy work schedules, people are looking for enjoyable leisure activities that can help them spend quality time with friends and family and also provide mental relaxation in the lap of nature. Various watersports like kayaking, sailing, fishing and rowing have gained widespread popularity in recent times. Several picnic spots, beaches and lakesides now offer facilities for different types of watersports and activities. This has encouraged more people to try out rowing and other water adventures. Rowing is considered as an activity that can be enjoyed both solo as well as with groups, providing flexibility. Advanced models with features like sufficient space and seating are ideal for friends and families. The social aspect of rowing along with opportunity to appreciate natural scenic beauty make it an engaging outdoor recreational activity. With conducive conditions and availability of boats, more people are embracing rowing as a fun weekend activity or hobby.