Surfboard Market to grow by USD 4806 million between 2024-2028
According to a research report “ Surfboard Market” by Product (Shortboards, Longboards, Others) End-user (Recreational users, Professional users) Distribution Channel (Specialty stores, Hypermarkets and supermarkets, Online retail, Others) Geography (North America, Europe, APAC, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 4806 million at a CAGR of 9.2% during the forecast period. The International Surfing Association (ISA) serves as the global regulatory body for various wave-riding activities, including bodysurfing, surfing, SUP racing, and wake surfing. To foster industry growth and ensure standardized quality, the ISA offers educational courses for surfing instructors worldwide. In 2021, over 3,000 surfing and SUP boarding professionals were certified through 150 ISA courses held in 75 countries. This commitment to professional development bolsters the surfboard market by promoting safety, efficacy, and expertise..
Browse market data tables, figures, and in-depth TOC on “Surfboard Market” by Product (Shortboards, Longboards, Others) End-user (Recreational users, Professional users) Distribution Channel (Specialty stores, Hypermarkets and supermarkets, Online retail, Others) Geography (North America, Europe, APAC, South America, Middle East and Africa) Global Forecast to 2028.
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By Product, the Shortboards segment is projected to dominate the market size in 2024.
In the dynamic surfboard market, businesses face intense competition. To thrive, companies must prioritize innovation, focusing on advanced materials, sleek designs, and enhanced performance features. Strategic marketing efforts, including targeted advertising and collaborations with influencers, are essential to capture market share. By staying agile and responsive to consumer trends, businesses can maintain a competitive edge and capitalize on opportunities for growth.
By End-user, Recreational users segment is expected to hold the largest market size for the year 2024.
In the dynamic surfboard market, businesses face intense competition. To thrive, companies must prioritize innovation, focusing on advanced materials, sleek designs, and enhanced performance features. Strategic marketing efforts, including targeted advertising and collaborations with influencers, are essential to capture market share. By staying agile and responsive to consumer trends, businesses can maintain a competitive edge and capitalize on opportunities for growth.
North America is forecasted to hold the largest market size by region in 2024.
In the dynamic surfboard market, businesses face intense competition. To thrive, companies must prioritize innovation, focusing on advanced materials, sleek designs, and enhanced performance features. Strategic marketing efforts, including targeted advertising and collaborations with influencers, are essential to capture market share. By staying agile and responsive to consumer trends, businesses can maintain a competitive edge and capitalize on opportunities for growth.
The Surfboard Market t growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:
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Research Analysis Overview
The surfboard market encompasses a diverse range of wave-riding sports, including wake surfing, SUP racing, bodysurfing, and surfing. Electric boards and electric water sports have gained popularity in recent years, offering wave drag and increased wave speed through advanced technology. Water flow plays a crucial role in the performance of foam boards, balsa wood, gun boards, fish boards, shortboards, and longboards. The tourism and recreational sectors have seen significant growth in the surfboard market, catering to both recreational users and professional surfers. Eco-conscious consumers prioritize sustainable materials, such as balsa wood and fiberglass cloth, in their surfboard purchases. Adaptive surfing has also emerged as a niche market, providing access to wave sports for individuals with disabilities. Surf forecasting, utilizing artificial intelligence, has revolutionized the surfing experience by predicting optimal wave conditions. Electric surfboards, a cutting-edge innovation, offer a thrilling alternative to traditional surfboards. The surfboard market continues to evolve, driven by technological advancements and the enduring appeal of surfing.
Market Research Overview
The surfboard market encompasses various sales channels, including department stores and specialty stores, that cater to the consumer industry. This market is driven by the industrial development of cutting-edge technology, which leads to the production of sustainable surfboards made from eco-friendly materials. These materials include fiberglass, foam, balsa wood, and innovative designs using carbon footprint-reducing technologies. The surfboard market serves diverse sectors, such as tourism and recreation, with offerings for professional surfers and eco-conscious consumers alike. Products range from conventional surfboards to adaptive designs for people with disabilities. Advanced technologies, such as electric water sports and surf forecasting using artificial intelligence, are also gaining popularity. Board designs continue to evolve, with offerings for wave-riding sports like wake surfing, SUP racing, and bodysurfing. Materials like fiberglass cloth and various types of boards, such as gun boards, fish boards, shortboards, and longboards, cater to different user preferences and skill levels. The market also includes electric surfboards for water propulsion enthusiasts.
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Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
