North America Sailcloth Market Forecast to 2030 - Regional Analysis - by Fiber Type (Polyester, Nylon, Ultra PE, Carbon Fiber, Aramid, and Others) and Application (Cruising Sails and Racing Sails)
The North America sailcloth market was valued at US$ 48.64 million in 2022 and is expected to reach US$ 61.07 million by 2030; it is estimated to register a CAGR of 2.9% from 2022 to 2030.
Rising Interest in Recreational Sailing Fuels North America Sailcloth Market
Sailing, one of the water sports linked with marine tourism, has increasingly become the center of attraction in coastal countries. Individuals are increasingly seeking activities that are entertaining and offer relaxation. The escalating interest in recreational sailing worldwide drives the demand for sailcloth. As more individuals and families embrace sailing as a leisure activity, there is a consequent surge in the demand for sailing vessels. Sailboats, a popular choice among boating enthusiasts, rely on high-quality sailcloth to ensure optimal performance on the water. In addition, the rising number of sailing events, regattas, and boating competitions has also increased the demand for premium sailcloth. Participants in these events often seek cutting-edge materials to gain a competitive edge, fostering a market for innovative and performance-driven sailcloth. The recreational boating industry is experiencing a significant upswing. According to the National Marine Manufacturers Association (NMMA), in 2022, the total value of the US recreational boating industry reached over US$ 170 billion, or 85% of all US recreational boats, marine engines, and accessory manufacturers. According to the US Department of Commerce Bureau of Economic Analysis, outdoor recreation generated US$ 563.7 billion in economic output in 2022, accounting for 2.2% of the US GDP. Younger generations are increasingly drawn to boating, attracted by its adventures and eco-friendly appeal. Millennials, in particular, are known for their active lifestyles and appreciation for unique experiences, making sailing a natural fit. Thus, the surge in recreational boating significantly influences the demand for sailcloth. Factors such as increased disposable income, technological advancements, and competitive sailing events collectively contribute to the market growth.
North America Sailcloth Market Overview
The North America sailcloth market is witnessing considerable growth owing to the surge in recreational boating participation. Boat sales have soared in recent years, driven by rising disposable incomes, increased interest in outdoor activities, and a desire for post-pandemic escape. This has surged the need for new sails, replacements, and repairs, boosting sailcloth consumption. In addition, the popularity of diverse boat types fuels sailcloth demand. Furthermore, traditional catamarans, daysailers, and even windsurfing equipment are gaining traction. This wider range of vessels requires specialized sailcloth materials, creating opportunities for niche markets and innovative fabric development. According to the National Marine Manufacturers Association, sailboat production in North America increased by ~3% in 2022, reaching 2,710 units. As manufacturers expand their operations to meet the growing interest in sailing, they require a steady supply of high-quality materials for sail production. Sailcloth, a crucial component in sail manufacturing, experiences a direct correlation with the burgeoning sailboat market. North America boasts a thriving competitive sailing scene, with events such as the America's Cup and regional regattas attracting significant participation. These events further drive demand for high-tech, specialized sailcloth, pushing the boundaries of material innovation and attracting sponsorship opportunities.
North America Sailcloth Market Revenue and Forecast to 2030 (US$ Million)
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North America Sailcloth Market Segmentation
The North America sailcloth market is categorized into fiber type, application, and country.
Based on fiber type, the North America sailcloth market is categorized into polyester, nylon, ultra PE, carbon fiber, aramid, and others. The polyester segment held the largest market share in 2022.
In terms of application, the North America sailcloth market is bifurcated into cruising sails and racing sails. The racing sails segment held a larger market share in 2022.
By country, the North America sailcloth market is segmented into the US, Canada, and Mexico. The US dominated the North America sailcloth market share in 2022.
Ullman Sails International Inc, Doyle Sails International Ltd, Evolution Sails USA, Quantum Sails Design Group LLC, Elvstrom Sails AS, North Sails GmbH, Dimension-Polyant GmbH, and Contender BV are some of the leading companies operating in the North America sailcloth market.
TABLE OF CONTENTS
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
3.4 Limitations and Assumptions
4. North America Sailcloth Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in the Value Chain
4.3 Porter's Five Forces Analysis
5. North America Sailcloth Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Interest in Recreational Sailing
5.1.2 Growing Popularity of Competitive Sailing Events
5.2 Market Restraints
5.2.1 High Cost of Premium Sailcloth Materials
5.3 Market Opportunities
5.3.1 Increasing Emphasis on Technological Advancement
5.4 Future Trends
5.4.1 Growing Focus on Sustainable Materials
5.5 Impact Analysis
6. Sailcloth Market - North America Analysis
6.1 North America Sailcloth Market Revenue (US$ Million), 2020-2030
6.2 North America Sailcloth Market Forecast Analysis
7. North America Sailcloth Market Analysis - by Fiber Type
7.1 Polyester
7.1.1 Overview
7.1.2 Polyester: Sailcloth Market - Revenue and Forecast to 2030 (US$ Million)
7.2 Nylon
7.2.1 Overview
7.2.2 Nylon: Sailcloth Market - Revenue and Forecast to 2030 (US$ Million)
7.3 Ultra PE
7.3.1 Overview
7.3.2 Ultra PE: Sailcloth Market - Revenue and Forecast to 2030 (US$ Million)
7.4 Carbon Fiber
7.4.1 Overview
7.4.2 Carbon Fiber: Sailcloth Market - Revenue and Forecast to 2030 (US$ Million)
7.5 Aramid
7.5.1 Overview
7.5.2 Aramid: Sailcloth Market - Revenue and Forecast to 2030 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Sailcloth Market - Revenue and Forecast to 2030 (US$ Million)
8. North America Sailcloth Market Analysis - by Application
8.1 Cruising Sails
8.1.1 Overview
8.1.2 Cruising Sails: Sailcloth Market - Revenue and Forecast to 2030 (US$ Million)
8.2 Racing Sails
8.2.1 Overview
8.2.2 Racing Sails: Sailcloth Market - Revenue and Forecast to 2030 (US$ Million)
9. North America Sailcloth Market - Country Analysis
9.1 North America Market Overview
9.1.1 North America: Sailcloth Market Breakdown, by Key Country, 2022 and 2030 (%)
9.1.1.1 North America: Sailcloth Market - Revenue and Forecast Analysis - by Country
9.1.1.2 US: Sailcloth Market - Revenue and Forecast to 2030 (US$ Million)
9.1.1.2.1 US: Sailcloth Market Breakdown, by Fiber Type
9.1.1.2.2 US: Sailcloth Market Breakdown, by Application
9.1.1.3 Canada: Sailcloth Market - Revenue and Forecast to 2030 (US$ Million)
9.1.1.3.1 Canada: Sailcloth Market Breakdown, by Fiber Type
9.1.1.3.2 Canada: Sailcloth Market Breakdown, by Application
9.1.1.4 Mexico: Sailcloth Market - Revenue and Forecast to 2030 (US$ Million)
9.1.1.4.1 Mexico: Sailcloth Market Breakdown, by Fiber Type
9.1.1.4.2 Mexico: Sailcloth Market Breakdown, by Application
10. Competitive Landscape
10.1 Heat Map Analysis by Key Players
10.2 Company Positioning & Concentration
11. Industry Landscape
11.1 Overview
11.2 Product launch
11.3 Other Strategies and Developments
12. Company Profiles
12.1 Ullman Sails International Inc
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Doyle Sails International Ltd
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Evolution Sails USA
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Quantum Sails Design Group LLC
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Elvstrom Sails AS
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 North Sails GmbH
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Dimension-Polyant GmbH
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Contender BV
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
13. Appendix
13.1 About The Insight Partners
List of Tables
Table 1. North America Sailcloth Market Segmentation
Table 2. List of Vendors in the Value Chain:
Table 3. North America Sailcloth Market - Revenue and Forecast to 2030 (US$ Million)
Table 4. Sailcloth Market - Revenue and Forecast to 2030 (US$ Million) - by Fiber Type
Table 5. Sailcloth Market - Revenue and Forecast to 2030 (US$ Million) - by Application
Table 6. North America: Sailcloth Market - Revenue and Forecast to 2030 (US$ Million) - by Country
Table 7. US: Sailcloth Market - Revenue and Forecast to 2030 (US$ Million) - by Fiber Type
Table 8. US: Sailcloth Market - Revenue and Forecast to 2030 (US$ Million) - by Application
Table 9. Canada: Sailcloth Market - Revenue and Forecast to 2030 (US$ Million) - by Fiber Type
Table 10. Canada: Sailcloth Market - Revenue and Forecast to 2030 (US$ Million) - by Application
Table 11. Mexico: Sailcloth Market - Revenue and Forecast to 2030 (US$ Million) - by Fiber Type
Table 12. Mexico: Sailcloth Market - Revenue and Forecast to 2030 (US$ Million) - by Application
List of Figures
Figure 1. North America Sailcloth Market Segmentation, by Country
Figure 2. Ecosystem: Sailcloth Market
Figure 3. Sailcloth Market - Porter's Analysis
Figure 4. Sailcloth Market - Key Market Dynamics
Figure 5. Sailcloth Impact Analysis of Drivers and Restraints
Figure 6. North America Sailcloth Market Revenue (US$ Million), 2020-2030
Figure 7. Sailcloth Market Share (%) - by Fiber Type (2022 and 2030)
Figure 8. Polyester: Sailcloth Market - Revenue and Forecast to 2030 (US$ Million)
Figure 9. Nylon: Sailcloth Market - Revenue and Forecast to 2030 (US$ Million)
Figure 10. Ultra PE: Sailcloth Market - Revenue and Forecast to 2030 (US$ Million)
Figure 11. Carbon Fiber: Sailcloth Market - Revenue and Forecast to 2030 (US$ Million)
Figure 12. Aramid: Sailcloth Market - Revenue and Forecast to 2030 (US$ Million)
Figure 13. Others: Sailcloth Market - Revenue and Forecast to 2030 (US$ Million)
Figure 14. Sailcloth Market Share (%) - by Application (2022 and 2030)
Figure 15. Cruising Sails: Sailcloth Market - Revenue and Forecast to 2030 (US$ Million)
Figure 16. Racing Sails: Sailcloth Market - Revenue and Forecast to 2030 (US$ Million)
Figure 17. North America Sailcloth Market Revenue, By Key Country, (2022) (US$ Million)
Figure 18. North America: Sailcloth Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 19. US: Sailcloth Market - Revenue and Forecast to 2030 (US$ Million)
Figure 20. Canada: Sailcloth Market - Revenue and Forecast to 2030 (US$ Million)
Figure 21. Mexico: Sailcloth Market - Revenue and Forecast to 2030 (US$ Million)
Figure 22. Heat Map Analysis by Key Players
Figure 23. Company Positioning & Concentration
- Ullman Sails International Inc
- Doyle Sails International Ltd
- Evolution Sails USA
- Quantum Sails Design Group LLC
- Elvstrom Sails AS
- North Sails GmbH
- Dimension-Polyant GmbH
- Contender BV
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America sailcloth market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the North America sailcloth market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the North America sailcloth market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.