Surfboard Market Share, Size, Trends, Industry Analysis Report, By Product (Shortboards, Longboards); By End Use; By Distribution Channel; By Region; Segment Forecast, 2023-2032
The global surfboard market size is expected treach USD 5,198.04 million by 2032, according ta new study by Polaris Market Research. The report “Surfboard Market Share, Size, Trends, Industry Analysis Report, By Product (Shortboards, Longboards); By End User; By Distribution Channel; By Region; Segment Forecast, 2023- 2032” gives a detailed insight intcurrent market dynamics and provides analysis on future market growth.
Innovations in the surfboard due tevolving technology are influencing the market's growth. According tthe insights of Lift Foils, Foiling is expanding the range of surfable environments. Most companies' sales come from customers not residing near the ocean. They resemble women in their 50s whreside close tlakes. Lift Foils sold over 4,000 products last year. This demand is expected tcontinue in upcoming years.
The market will expand due tthe ongoing innovation of surfboard designs. Producers are making improvements tthe features of surfboards. The preference of many surfers is tcreate their surfboards. For example, the Vanguard surfboard, created by Australian surfboard shaper Daniel Thomson, has a noseless design, straight rails, and an angular tail. The surfboard's weight has been decreased by removing the nose. This surfboard has a broader nose and tail than a typical shortboard, which maintains the same amount of rail in the water and provides the same volume. Furthermore, the parallel rails let water flow around the surfboard more efficiently. Because of this, the waves move more quickly through the water and experience less drag.
Surfers still seek surfing activities tstate their thirst for fun, excitement, and adventure. In the absence of waves, surfers may still enjoy the sport because of the electrical design of their boards. The landscape of the surfing business is projected tchange as demand for electric water sports increases. Surfers will be encouraged temploy highly advanced surfboards tenhance performance with these technologies. The sales of technologically sophisticated surfboards will consequently rise.
Surfboard Market Report Highlights
Shortboards segment is anticipated tgrow due tthe increased popularity among professional surfers, the growing demand for performance-oriented surfboards, and advancements in surfboard technology.
Recreational segment accounted for the higher growth rate owing tthe growing interest in surfing, expansion of surfing destinations, increase in disposable income, and the emergence of surfing as a family activity.
Offline distribution channel is projected texperience significant growth rate due tthe wider reach, personalized customer experience and strong relationships with surfboard brands.
North America is expected tgrow at a significant growth rate owing tthe growing popularity of surfing, the expansion of surfing destinations and the high purchasing power of consumers.
The global players include Agit Global, Beachbeat Surfboards, Catch Surfboard, Channel Island Surfboards, Matt Adams Surfboards, Ride Awake, Roland Surfboards, Rusty Surfboards, Safari Surf-boards, Shred and Speed, Tahe Kayaks & WaveShark.
Polaris Market Research has segmented the surfboard market report based on product, end user, distribution channel and region:
Surfboard, Product Outlook (Revenue - USD Million, 2019 - 2032)
Shortboards
Longboards
Surfboard, End User Outlook (Revenue - USD Million, 2019 - 2032)
Recreational users
Professional users
Surfboard, Distribution Channel Outlook (Revenue - USD Million, 2019 - 2032)
Offline
Online
Surfboard, Regional Outlook (Revenue - USD Million, 2019 - 2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
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