The Water-Skis, Surf-Boards, and Watersport Equipment market in Canada experienced steady growth from 2013 to 2023, with the market size reaching $256.43 million in 2023. Over the past two years, the year-on-year growth rates were 2.41% in 2022 and 2.31% in 2023, indicating a modest upward trend. The five-year compounded annual growth rate (CAGR) was 1.93%, reflecting a general stabilization after fluctuating growth earlier in the decade.
Future trends to watch include increasing consumer interest in outdoor and recreational activities post-pandemic, innovations in watersport equipment, and the potential impact of climate change on coastal tourism and water sports activities.
