In-the-water sports equipment market size is expected to grow by USD 5.78 billion from 2021 to 2026: A descriptive analysis of five forces model, market dynamics, and segmentation

NEW YORK, Feb. 9, 2023 /PRNewswire/ — According to Technavio, the global in-the-water sports equipment market size is estimated to grow by USD 5.78 billion from 2021 to 2026. The market is estimated to grow at a CAGR of 3.91% during the forecast period. Moreover, the growth momentum will accelerate. North America will account for 45% of the market’s growth during the forecast period. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. For more insights on market size, request a sample report

Technavio has announced its latest market research report titled Global In-the-Water Sports Equipment Market

Technavio has announced its latest market research report titled Global In-the-Water Sports Equipment Market

In-the-water sports equipment market – Five forces
The global in-the-water sports equipment market is fragmented, and the five forces analysis covers–

  • Bargaining power of buyers

  • The threat of new entrants

  • Threat of rivalry

  • Bargaining power of suppliers

  • Threat of substitutes

  • For an interpretation of Porter’s five forces model – Buy the report!

In-the-water sports equipment market – Customer landscape

The report includes the market’s adoption lifecycle, from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

In-the-water sports equipment market – Segmentation assessment

Segment overview
Technavio has segmented the market based on product (sports gear and sports apparel), type (swimming, water aerobics, and water polo), and distribution channel (offline and online).

  • The sports gear segment will account for a significant share of the market’s growth during the forecast period. The growth of this segment is attributed to factors such as the rising popularity of different types of water sporting activities and the reopening

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NFL free agency 2022: Davante Adams franchise tag dynamics, plus chances of a Packers trade or long-term deal

Packers general manager Brian Gutekunst referred to using a franchise tag on Davante Adams as a last resort last week when meeting with the local Green Bay media. The All-Pro wide receiver is exactly the type of player that typically gets franchised, although the last time the Packers used the designation was in 2010 on defensive tackle Ryan Pickett.

Adams is the NFL’s most productive wide receiver since signing his expiring four-year contract extension at the end of the 2017 season. He leads the NFL in receptions (432), receiving yards (5,310) and touchdown catches (47) during this span. Adams set the Packers single season record for receiving yardage with 1,553 yards in 2021. He also had 123 catches to break his own team record along with 11 receiving touchdowns.

The Packers have less than a week to avoid the last resort scenario. The deadline for NFL teams to designate a franchise player is 4 p.m. ET on March 8. Gutekunst indicated there’s been “constant communication” with Adams and his representatives during his media session on Tuesday at the NFL Scouting Combine in Indianapolis.

The Packers already have a challenging salary cap situation without a $20.12 million franchise tag for Adams. After entering the offseason approximately $50 million over the projected $208.2 million 2022 salary cap, the Packers have started decreasing the overage by restructuring multiple contracts (tackle David Bakhtiari, defensive tackle Kenny Clark, running back Aaron Jones). The overage doesn’t factor in Adams’ franchise tag. The $20.12 million would become a Green Bay salary cap charge as soon as the designation is made.

Could the Packers and Adams reach a long-term deal?

The Packers and Adams weren’t close to reaching an agreement during negotiations last offseason. Adams wanted to replace DeAndre Hopkins as the NFL’s highest paid wide receiver. The

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