Spinnaker Pole Market Worth $1,254.6 million by 2030 | by Material, Distribution Channel & Application

Consumers in emerging nations such as China, India, Mexico, Brazil, and South Africa are spending more on luxury tourism as their disposable income rises.

PORTLAND, OR, UNITED STATES, September 14, 2021 /EINPresswire.com/ -- The spinnaker pole is used for attachment of spinnaker for sailing with the direction of the wind. In sailboats, a spinnaker pole is a spar. A spinnaker pole aids in the control of various headsails.

The global spinnaker pole market size was valued at $450.1 million in 2020, and is projected to reach $1,254.6 million by 2030, registering a CAGR of 10.6% from 2021 to 2030.

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Europe generated the highest revenue in 2020, and is expected to maintain its lead, followed by North America. The spinnaker pole is a crucial component for controlling different types of sailboats. The spinnaker pole has been put up in a hurried manner, and it functions from the base of a mast. The mast is an arrangement of vertical or raised spars located at the boat's or ship's center line.

Spinnaker pole products are used in various applications such as professional sports and cruising. Professional sports accounted for the largest market share in the spinnaker pole market in 2020. Enhancing and improving controls and stability of boats used in sports.

Key Market Players

include AG+Spars
Allen Brother LTD
Axxon Composites
Competition Composites, Inc.
CST composites
Hoel Composites
Offshore Spars Co.
Selden Mast AB
Sparcraft
Z Spars UK.

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Key Market Segments

BY MATERIAL

Aluminum
Carbon

BY BOAT LENGTH

Small boat
Midrange boat
Big boat

BY DISTRIBUTION CHANNEL

Online
Offline

BY APPLICATION

Professional Sports
Cruising

BY REGION

North America
Europe
Asia-Pacific
LAMEA

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David Correa
Allied Analytics LLP
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Spinnaker Pole Market Worth $1,254.6 million by 2030 | by Material, Distribution Channel & Application

Distribution channels: Building & Construction Industry, Sports, Fitness & Recreation

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