Global Surfboard Market 2024-2028
The surfboard market is forecasted to grow by USD 4806 mn during 2023-2028, accelerating at a CAGR of 9.2% during the forecast period. The report on the surfboard market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising educational surfing courses, increasing popularity of adaptive surfing, and introduction of surfing contests.
Technavio's surfboard market is segmented as below:
By Product
- Shortboards
- Longboards
- Others
By End-user
- Recreational users
- Professional users
By Distribution Channel
- Specialty stores
- Hypermarkets and supermarkets
- Online retail
- Others
By Geography
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the continuous evolution in designs of surfboards as one of the prime reasons driving the surfboard market growth during the next few years. Also, rising women participation in water sports activities and shifting consumer preference to recreational outdoor fitness activities will lead to sizable demand in the market.
The report on the surfboard market covers the following areas:
- Surfboard market sizing
- Surfboard market forecast
- Surfboard market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading surfboard market vendors that include Agit Global Inc., Beachbeat Surfboards, Catch Surfboard Co LLC, Channel Island Surfboards, Classic Malibu Pty Ltd., Derek Girven Surfboards, Firewire Surfboards LLC, Graham Smith Surfboards, Haydenshapes Pty Ltd., Hurricane Surf SARL, Hutchison Handcrafted Surfboards, Mami Wata, Matt Adams Surfboards, Ride Awake AB, Roland Surfboards, Rusty Surfboards Inc., Safari Surfboards, Shred and Speed Mfg., Tahe Kayaks OU, and WaveShark Ltd.. Also, the surfboard market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.