May 16, 2019 by Steve Blade
The diving board market in the sports industry is majorly driven by the increasing popularity of several kinds of dives in international swimming tournaments, Commonwealth Games, Olympics, etc. These factors boost the overall Diving Board Market and are anticipated to maintain a stable growth in the forecast period.
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Moreover, key features of the diving board include slip resistant and high-grade sand tread for maximum safety. Global diving board market is well-established in various sports industries and some protective measures that are presently in the introductory phase of the global diving board market are more likely to gain popularity in the forecast period. Stylish designs and versatile size options offered for diving boards are also contributing to the growth of the global diving board market.
Global Diving Board Market Dynamics
Diving boards can certainly be entertaining and can serve as an enjoyable recreational feature on backyard pools. The primary factor which has been driven the diving board market is the constant innovations being introduced in the diving board. A perfect protective shield which is durable, has a heavy-duty non-slip surface and coated with fiberglass is considered to be an ideal diving board. Additionally, modern diving boards rely on a vigilant melding associated with the properties of laminated hardwoods and fiberglass to create a diving board that is flexible, lightweight, yet strong enough to handle the force created by a jumping diver. Thus, manufacturers of the diving board are becoming more concerned regarding the quality of diving board and design of the diving board and providing their best offerings for the diving board.
Safe diving ensures that the divers won’t hurt themselves by hitting the floor of the pool too fast as is predicated on assumed maximum dive heights and distances which may or may not smear to the launch capacity of a homemade board. Key players in the global diving board market are expected to benefit primarily from the development of new features along with safety measurements associated with diving boards from the rising demand in the emerging regions.
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However, diving board covers its drawbacks too. Rigidity and stiffness of the diving board increases the chances of injuries. Therefore, flexible diving boards made of wood or aluminum with a reasonable amount of spring can be considered ideal, and safety measures should be necessarily taken before diving. Also, diving boards are expensive, which is significantly restraining the global diving board market.
Global Diving Board Market Regional Overview
The developed economies of North America and Europe have a large number of prominent diving board companies with high investment capabilities and significant demand for the diving board. Latin America and the Asia Pacific are the two rapidly emerging sports industry, while the demand for the diving board is much lower in these regions. Therefore, North America & Europe are expected to account for a large market size for diving board while Latin America and Asia Pacific region are projected to witness a sluggish growth. As China and Japan are highly capable of manufacturing large variety of diving board at an economical cost. The manufacturing industry of diving board in the country is continuously making an effort to boost the diving board market in the Asia Pacific region, while the slow rate of adoption hampers the market growth.
Global Diving Board Market Key Players
Some of the key players in the diving board market are Duraflex International, S.R. Smith, Inter-Fab, Inc. Kelley Technical Coatings, DG Designs, Other Key Players
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