The water-skis, surf-boards, and watersport equipment market size value per capita in Honduras showed a steady increase over the period from 2013 to 2023, except for a slight dip in 2014 and 2015. By 2023, the value stands at $0.11 per capita. Over the last two years, the year-on-year growth was minimal, with no increase from 2021 to 2023. The five-year compound annual growth rate (CAGR) from 2018 to 2023 averaged to moderate growth.

Future trends to watch for:

Continued stabilization or potential growth if new watersport activities or trends become popular.
Impact of economic and tourism changes on recreational equipment spending.
Potential increase in domestic watersport activities driven by higher local tourism.