The surfboard market share is estimated to grow at a CAGR of 7.74% between 2022 and 2027. The size of the market is forecast to increase by USD 3,659.41 million. The surfboard market will witness a YOY of 7.25% in 2023.
“Rising number of educational surfing courses and Continuous evolution in the designs of surfboards will boost the market growth”, says a senior analyst at Technavio.
Technavio’s report on Surfboard Market is segmented by product (shortboards, longboards, and others), end-user (recreational users and professional users), distribution channel (specialty stores, hypermarkets and supermarkets, online retail, and others), and Geography (North America, Europe, Apac, South America, and Middle East and Africa).
The surfboard market by the shortboards segment will be significant during 2023-2027. The shortboards are used when the waves are fast, steep, and powerful, all of which require fast and maneuverable surfboards like shortboards. North America will contribute 32% of growth rate during the forecast period. The rise in disposable income increases consumer interest in customized and transformative experiences.
Some of the key surfboard market vendors are 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.
agit-global.com- The company offers surfboard such as Wavestorm, Storm Blade.
catchsurf.com- The company offers surfboard such as Odysea, Blank series.
Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact on the market in focus. Download the PDF Sample Report
The surfboard market report covers indepth information about key vendors and their product offerings.
The key driver, trends and challenges, market opportunities and the detailed market impact analysis
Five force analysis to analyze the potential of buyers and suppliers and the competitive industry scenerio.
Surfboard industry across North America, Europe, APAC, South America, and Middle East and Africa.