SURFING BOARD MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

The surfing board market is estimated to be valued at USD 3.17 Billion in 2024 and, exhibiting a compound annual growth rate (CAGR) of 6.1% from 2024 to 2031. Surfing is a surface water sport in which the wave rider, referred to as a surfer, rides on the forward or broken part of a wave, which is usually doing so on a surfboard. Surfing arose as a native Hawaiian practice and has since developed into a popular recreational activity as well as a major sport worldwide. The global surfing board market has seen steady growth over the years driven especially by tourism across coastal regions and rising participation from women and other demographics. Along with technological advancements in board design for varied skill levels, an active community of surf enthusiasts continues to propel the sector.

Market Dynamics:

The global surfing board market is driven by factors such as growing popularity of water adventure sports, expanding tourism particularly to beach destinations, and innovations making surfing more accessible. Rising participation globally has also stimulated equipment upgrades as people seek high performance gear. However, threats include seasonal nature of the sport and susceptibility to extreme weather disruptions as well as environmental pollution affecting surfing spots. Meanwhile opportunities lie in custom hybrid boards extending usability across conditions and demographics, as also digital technologies enhancing the sport experience. With surf travel becoming mainstream, emerging regions especially in South America and Asia represent growth prospects.

Key Features of the Study:

• This report provides in-depth analysis of the global surfing board market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global surfing board market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Kallialay Original Series, Blu Surfboards, Nico Erni, Coral Surfboards, Alai Surfboards, Kove Kraft, ThunderMonkey, NSP, Haydenshapes, Firewire, FCS, Prolite, Yolo Kayaks, Zinka Sunscreen, Showa Denko K.K., BIC Sport, Surftech, and Channel Islands Surfboards
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global surfing board market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global surfing board market

Detailed Segmentation-

• By Board Type Insights (Revenue, USD Bn, 2019 - 2031)
• • Shortboards
  • Longboards
  • Funboards
• By Material Insights (Revenue, USD Bn, 2019 - 2031)
• • Polyurethane
  • Fiberglass
  • EPS/Epoxy
• By End-user Insights (Revenue, USD Bn, 2019 - 2031)
• • Recreational Surfers
  • Professional Surfers
  • Beginner Surfers
• By Regional Insights (Revenue, USD Bn, 2019 - 2031)
• • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • U.K.
    • Spain
    • France
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • ASEAN
    • Rest of Asia Pacific
  • Middle East
    • GCC Countries
    • Israel
    • Rest of Middle East
  • Africa
    • South Africa
    • North Africa
    • Central Africa
• Key Players Insights
• • Kallialay Original Series
  • Blu Surfboards
  • Nico Erni
  • Coral Surfboards
  • Alai Surfboards
  • Kove Kraft
  • ThunderMonkey
  • NSP
  • Haydenshapes
  • Firewire
  • FCS
  • Prolite
  • Yolo Kayaks
  • Zinka Sunscreen
  • Showa Denko K.K.
  • BIC Sport
  • Surftech
  • Channel Islands Surfboards