North America Sailcloth Market Forecast to 2030

At 2.9% CAGR, North America Sailcloth Market is Speculated to be Worth US$ 61.07 Million by 2030, says The Research Team

According toThe Research Team’ research, the North America sailcloth market was valued at US$ 48.64 million in 2022 and is expected to reach US$ 61.07 million by 2030, registering a CAGR of 2.9% from 2022 to 2030. Growing focus on sustainable materials and increasing emphasis on technological advancements are among the critical factors attributed to drive the North America sailcloth market growth.

Sustainability is becoming a key focus in sailcloth innovation, with the development of eco-friendly materials and production processes. The sailcloth market is undergoing a transformative shift driven by the growing focus on sustainable materials. This has propelled the demand for sailcloth that not only deliver high performance but also align with eco-friendly principles. Sustainable sailcloth materials encompass a range of options, including recycled fibers, bio-based polymers, and fabrics derived from renewable sources. Sail manufacturers are proactively responding to this shift by incorporating these materials into their product lines, addressing resource depletion and waste generation concerns. The sailcloth industry’s commitment to sustainability goes beyond regulatory compliance, reflecting an acknowledgment of its role in minimizing its ecological footprint. The development of sailcloth made from recycled plastic, bamboo fibers, and other sustainable materials will most likely cater to the growing demand for eco-conscious products. In January 2024, North Sails announced the launch of NPL Renew, a sustainable sailcloth for yachts up to 45 feet (13.7 meters) in length that consists of 90% recycled material and Finnish trees. As environmental consciousness grows within the sailing community and beyond, sailcloth manufacturers are investing in solutions that reduce their ecological footprint. This focus on sustainable materials in the sailcloth market is not merely a response to consumer trends, but it also represents a strategic move for the development of the industry in future. As governments and organizations worldwide prioritize environmental sustainability, sailcloth manufacturers that embrace eco-friendly practices position themselves as leaders in responsible production. This, in turn, opens up new avenues for growth as environmentally conscious sailors actively seek out products that align with their values. Thus, the growing focus on sustainable materials is a compelling force projected to shape the future of the sailcloth market.

On the contrary, the high cost of premium sailcloth materials hampers the growth of North America sailcloth market.

Based on fiber type, the North America sailcloth market is categorized into polyester, nylon, ultra PE, carbon fiber, aramid, and others. The polyester segment held 42.3% market share in 2022, amassing US$ 20.60 million. It is projected to garner US$ 25.30 million by 2030 to register 2.6% CAGR during 2022-2030.

In terms of application, the North America sailcloth market is bifurcated into cruising sails and racing sails. The racing sails segment held 65.2% share of North America sailcloth market in 2022, amassing US$ 31.73 million. It is anticipated to garner US$ 39.34 million by 2030 to expand at 2.7% CAGR during 2022-2030.

Based on country, the North America sailcloth market is categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 85.6% share of North America sailcloth market in 2022. It was assessed at US$ 41.65 million in 2022 and is likely to hit US$ 52.00 million by 2030, registering a CAGR of 2.8% during 2022-2030.

Key players operating in the North America sailcloth market are Ullman Sails International Inc, Doyle Sails International Ltd, Evolution Sails USA, Quantum Sails Design Group LLC, Elvstrom Sails AS, North Sails GmbH, Dimension-Polyant GmbH, and Contender BV, among others.

In November 2022, Quantum Sails and American Magic announced partnership for the 2023 season. Quantum Racing will evolve and rebrand as “Quantum Racing, powered by American Magic,” incorporating America’s best young talent with experienced global talent. The partnership will continue to compete in the 52 Super Series, the world’s leading monohull competition. Quantum Racing will seek to enhance the skill and experience of both teams, providing a platform for young American sailors to progress and access to the American Magic franchise and the broader American marine industry.

In November 2021, Dimension-Polyant presented the first 100 percent climate-neutral sailcloth with bio-based raw materials at the Nautic Paris Boat Show. The company’s premium product, Hydra Net Radial, is now manufactured with bio-based Dyneema fibers. This makes the leading manufacturer of sailcloth the world’s first and only supplier of a climate-neutral sailcloth with bio-based raw materials.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America sailcloth market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the North America sailcloth market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth North America market trends and outlook coupled with the factors driving the North America sailcloth market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 The Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
3.4 Limitations and Assumptions
4. North America Sailcloth Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in the Value Chain
4.3 Porter’s Five Forces Analysis
5. North America Sailcloth Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Interest in Recreational Sailing
5.1.2 Growing Popularity of Competitive Sailing Events
5.2 Market Restraints
5.2.1 High Cost of Premium Sailcloth Materials
5.3 Market Opportunities
5.3.1 Increasing Emphasis on Technological Advancement
5.4 Future Trends
5.4.1 Growing Focus on Sustainable Materials
5.5 Impact Analysis
6. Sailcloth Market – North America Analysis
6.1 North America Sailcloth Market Revenue (US$ Million), 2020-2030
6.2 North America Sailcloth Market Forecast Analysis
7. North America Sailcloth Market Analysis – by Fiber Type
7.1 Polyester
7.1.1 Overview
7.1.2 Polyester: Sailcloth Market – Revenue and Forecast to 2030 (US$ Million)
7.2 Nylon
7.2.1 Overview
7.2.2 Nylon: Sailcloth Market – Revenue and Forecast to 2030 (US$ Million)
7.3 Ultra PE
7.3.1 Overview
7.3.2 Ultra PE: Sailcloth Market – Revenue and Forecast to 2030 (US$ Million)
7.4 Carbon Fiber
7.4.1 Overview
7.4.2 Carbon Fiber: Sailcloth Market – Revenue and Forecast to 2030 (US$ Million)
7.5 Aramid
7.5.1 Overview
7.5.2 Aramid: Sailcloth Market – Revenue and Forecast to 2030 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Sailcloth Market – Revenue and Forecast to 2030 (US$ Million)
8. North America Sailcloth Market Analysis – by Application
8.1 Cruising Sails
8.1.1 Overview
8.1.2 Cruising Sails: Sailcloth Market – Revenue and Forecast to 2030 (US$ Million)
8.2 Racing Sails
8.2.1 Overview
8.2.2 Racing Sails: Sailcloth Market – Revenue and Forecast to 2030 (US$ Million)
9. North America Sailcloth Market – Country Analysis
9.1 North America Market Overview
9.1.1 North America: Sailcloth Market Breakdown, by Key Country, 2022 and 2030 (%)
9.1.1.1 North America: Sailcloth Market – Revenue and Forecast Analysis – by Country
9.1.1.2 US: Sailcloth Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.2.1 US: Sailcloth Market Breakdown, by Fiber Type
9.1.1.2.2 US: Sailcloth Market Breakdown, by Application
9.1.1.3 Canada: Sailcloth Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.3.1 Canada: Sailcloth Market Breakdown, by Fiber Type
9.1.1.3.2 Canada: Sailcloth Market Breakdown, by Application
9.1.1.4 Mexico: Sailcloth Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.4.1 Mexico: Sailcloth Market Breakdown, by Fiber Type
9.1.1.4.2 Mexico: Sailcloth Market Breakdown, by Application
10. Competitive Landscape
10.1 Heat Map Analysis by Key Players
10.2 Company Positioning & Concentration
11. Industry Landscape
11.1 Overview
11.2 Product launch
11.3 Other Strategies and Developments
12. Company Profiles
12.1 Ullman Sails International Inc
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Doyle Sails International Ltd
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Evolution Sails USA
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Quantum Sails Design Group LLC
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Elvstrom Sails AS
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 North Sails GmbH
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Dimension-Polyant GmbH
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Contender BV
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
13. Appendix
13.1 About The Research Team

LIST OF TABLES

Table 1. North America Sailcloth Market Segmentation
Table 2. List of Vendors in the Value Chain:
Table 3. North America Sailcloth Market – Revenue and Forecast to 2030 (US$ Million)
Table 4. Sailcloth Market – Revenue and Forecast to 2030 (US$ Million) – by Fiber Type
Table 5. Sailcloth Market – Revenue and Forecast to 2030 (US$ Million) – by Application
Table 6. North America: Sailcloth Market – Revenue and Forecast to 2030 (US$ Million) – by Country
Table 7. US: Sailcloth Market – Revenue and Forecast to 2030 (US$ Million) – by Fiber Type
Table 8. US: Sailcloth Market – Revenue and Forecast to 2030 (US$ Million) – by Application
Table 9. Canada: Sailcloth Market – Revenue and Forecast to 2030 (US$ Million) – by Fiber Type
Table 10. Canada: Sailcloth Market – Revenue and Forecast to 2030 (US$ Million) – by Application
Table 11. Mexico: Sailcloth Market – Revenue and Forecast to 2030 (US$ Million) – by Fiber Type
Table 12. Mexico: Sailcloth Market – Revenue and Forecast to 2030 (US$ Million) – by Application

LIST OF FIGURES

Figure 1. North America Sailcloth Market Segmentation, by Country
Figure 2. Ecosystem: Sailcloth Market
Figure 3. Sailcloth Market – Porter’s Analysis
Figure 4. Sailcloth Market – Key Market Dynamics
Figure 5. Sailcloth Impact Analysis of Drivers and Restraints
Figure 6. North America Sailcloth Market Revenue (US$ Million), 2020-2030
Figure 7. Sailcloth Market Share (%) – by Fiber Type (2022 and 2030)
Figure 8. Polyester: Sailcloth Market – Revenue and Forecast to 2030 (US$ Million)
Figure 9. Nylon: Sailcloth Market – Revenue and Forecast to 2030 (US$ Million)
Figure 10. Ultra PE: Sailcloth Market – Revenue and Forecast to 2030 (US$ Million)
Figure 11. Carbon Fiber: Sailcloth Market – Revenue and Forecast to 2030 (US$ Million)
Figure 12. Aramid: Sailcloth Market – Revenue and Forecast to 2030 (US$ Million)
Figure 13. Others: Sailcloth Market – Revenue and Forecast to 2030 (US$ Million)
Figure 14. Sailcloth Market Share (%) – by Application (2022 and 2030)
Figure 15. Cruising Sails: Sailcloth Market – Revenue and Forecast to 2030 (US$ Million)
Figure 16. Racing Sails: Sailcloth Market – Revenue and Forecast to 2030 (US$ Million)
Figure 17. North America Sailcloth Market Revenue, By Key Country, (2022) (US$ Million)
Figure 18. North America: Sailcloth Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 19. US: Sailcloth Market – Revenue and Forecast to 2030 (US$ Million)
Figure 20. Canada: Sailcloth Market – Revenue and Forecast to 2030 (US$ Million)
Figure 21. Mexico: Sailcloth Market – Revenue and Forecast to 2030 (US$ Million)
Figure 22. Heat Map Analysis by Key Players
Figure 23. Company Positioning & Concentration