Global Surfboard Market Professional Research Report 2014-2026, Segmented by Players, Types, End-Users in Major 40 Countries or Regions
About Surfboard
A surfboard is an elongated platform used in surfing. Surfboards are relatively light, but are strong enough to support an individual standing on them while riding an ocean wave.
Scope of Surfboard Market
This report studies the Surfboard market from the perspectives of enterprises, regions, product types and terminal industries, and forecasts the market through the analysis of the status quo. In this study, 2018 has been considered as the base year and 2019 to 2026 as the forecast period to estimate the market size for Surfboard.
The Surfboard market is anticipated to be USD 141 million in 2019 and is projected to reach USD 184 million by 2026, growing at a CAGR of 3.87% in the forecast time period.
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Growth Factors
The rise in participation of women in surfing and surf-wear market along with a rise in popularity of surfing as a water adventure sport and leisure activity have become main drivers of growth. The shift from conventional swim suit to eco-friendly alternatives have also added to the market growth. Moreover, incorporation of surf parks coupled with artificial wave technology is conducive for growth of surfboard market. Increasing use of improved raw material will be one of the key trends that will gain traction in the surfboard market throughout the predicted period.
Key participants
The surfboard market is fragmented owing to the presence of multiple established surfboard manufacturers. These vendors are increasingly competing against each other based on factors such as the brand, variety, price, and quality. Surfboard manufacturers are trying to increase their market share by adopting different marketing strategies. In addition, they also focus on expanding their market presence in low-penetration markets by improving their production capacity.
Foremost key players operating in the global Surfboard market include BeachBeat Surfboards, Channel Islands Surfboards, Firewire Surfboards, GSI, Agit Global, BIC Sports, Billabong International, BruSurf, Greco Surf, Hydenshapes, Infinity Surfboards, Keeper Sports Products, Mt Woodgee Surfboards, NSP, Yuan Sports, and etc.
Geographical Perspective
By geography, the global surfboard market has been segmented into North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa. North America and Europe are the two major markets for surfboard, followed by Asia-Pacific, with production values accounting for 36.89%, 35.07% and 19.35% of the world respectively. North America and Europe market dominate the global scenario owing to a rise in disposable income and preference for beach and water parks as a leisure activity by the audience. APAC and MEA market are also projected to gain a prominent growth in the forthcoming period owing to the heavy presence of manufacturing base for a swim suit and diving apparels coupled with surfboard.
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Type Synopsis
On the basis of type, the market comprises of Shortboards, Longboards, and Other. The demand for shortboards among advanced level surfers is high since shortboards provide high performance and maneuverability. The shortboard surfboards are light in weight as they are made using less foam and glass. The shortboard surfboards are also designed for use when the waves are fast, steep and powerful. This will positively affect the growth of the shortboard market.
Application Synopsis
By application, the surfboard market can be divided into Specialty stores, Supermarkets, Online retail, and Other. The surfboard market is witnessing substantial growth in the specialty store market because these stores offer various popular surfboard brands. The preference of consumers towards these stores is high since they sell similar types of products in all their outlets and offer a wide range of products.
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Surfboard Market
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2 Market Trends and Competitive Landscape
3 Segmentation of Surfboard Market by Types
4 Segmentation of Surfboard Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Surfboard Market in Major Countries
7 North America Surfboard Landscape Analysis
8 Europe Surfboard Landscape Analysis
9 Asia Pacific Surfboard Landscape Analysis
10 Latin America, Middle East & Africa Surfboard Landscape Analysis
11 Major Players Profile
11.1 BeachBeat Surfboards
11.1.1 BeachBeat Surfboards Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Channel Islands Surfboards
11.3 Firewire Surfboards
11.4 GSI
11.5 Agit Global
11.6 BIC Sports
11.7 Billabong International
11.8 BruSurf
11.9 Greco Surf
11.10 Hydenshapes
11.11 Infinity Surfboards
11.12 Keeper Sports Products
11.13 Mt Woodgee Surfboards
11.14 NSP
11.15 Yuan Sports
…
Target Audience:
Surfboard manufacturers
Distributors and resellers of Surfboard
Surfboard industry associations
Surfboard key stakeholders
Product managers, Surfboard industry administrator, C-level executives of the industries
Market research and consulting firms
Small and Medium-sized Enterprises (SMEs)
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