Surfing - A $5.5 Billion Global Market Opportunity by 2030 - Key Vendors Focus on Aggressive Strategies to Stay Competitive


Dublin, April 02, 2024 (GLOBE NEWSWIRE) -- The "Surfing - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Surfing estimated at US$4.2 Billion in the year 2023, is projected to reach a revised size of US$5.5 Billion by 2030, growing at a CAGR of 3.5% over the analysis period 2023-2030.

Surfing Boards, one of the segments analyzed in the report, is projected to record 3.6% CAGR and reach US$3.9 Billion by the end of the analysis period. Growth in the Apparel & Accessories segment is estimated at 3.1% CAGR for the next 8-year period.

Study Coverage

The analysis presents a comprehensive overview of the global surfing market, focusing on various geographic regions including the USA, Japan, Europe, Asia-Pacific, and the rest of the world. It evaluates annual sales figures in US$ thousand and percentage compound annual growth rates (CAGR) for surfing and related products such as surfing boards, apparel & accessories, offline sales, and online sales from 2014 to 2030.

The study covers recent past, current, and future perspectives, providing insights into market trends and dynamics. Additionally, a 16-year perspective offers a breakdown of value sales percentages for select years within this period, facilitating a deeper understanding of the evolving landscape of the surfing industry.

Report Features

  • Full access to influencer engagement stats
  • Free access to digital archives & research platform. The proprietary platform is fully enabled to unlock creativity and market knowledge of domain experts worldwide in a cohesive and collaborative manner. The state-of-art tools bring world class market perspectives while protecting participants` privacy and identity. Numbers, statistics and market narrative in the report are based on fully curated insights shared by domain experts and influencers in this space.
  • Opportunity to engage with interactive questionnaires that come with real-time data simulator tools & bespoke report generation capabilities
  • Full client access to peer collaborative and interactive platform for cross-enterprise smart exchange of ideas
  • Complimentary report updates for one year
  • Competitor coverage with global market shares of major players
  • Player market presence analysis (Strong/Active/Niche/Trivial) across multiple geographies
  • Access to curated YouTube video transcripts of domain experts/influencer interviews, podcasts, press statements and event keynotes

Select Competitors (Total 173 Featured)

  • Adidas AG
  • Billabong International Ltd.
  • Aropec Sports Corporation
  • Alpinestars S.p.A.
  • Beachbeat Surfboards
  • AJW Surfboards
  • Balance Designs, Inc. (Vew-Do Balance Boards)
  • Bear Industries Srl
  • Almond Surfboards
  • AIPA Surf Company
  • Album Surfboards
  • Basque Country Surf Company S.L.
  • Bing Surfboards
  • Black Rose Mfg. LLC
  • Between the Flags

Key Attributes

Report AttributeDetails
No. of Pages387
Forecast Period2023-2030
Estimated Market Value (USD) in 2023$4.2 Billion
Forecasted Market Value (USD) by 2030$5.5 Billion
Compound Annual Growth Rate3.9%
Regions CoveredGlobal

Key Topics Covered

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Global Economic Update
  • Competition
  • Select Popular Surf boards Worldwide
  • Vendors in Surfing Equipment Market Focus on Aggressive Strategies to Stay Competitive
  • Top Brands Enjoying Strong Positions in Surfing Space
  • Surfing - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • Surfing Boards (Product Type) Global Competitor Market Share Positioning for 2022 & 2030
  • Apparel & Accessories (Product Type) Market Share Breakdown of Key Players: 2022 & 2030
  • Surfing: A Popular Sporting & Leisure Activity
  • Surfing Techniques
  • Types of Surfing
  • Surfing Equipment, Apparel & Accessories
  • Surfing Boards & Online Channel: Buoyant Segments of Surfing Equipment Market
  • Other Surfing Equipment
  • Surf Apparel
  • Global Market Prospects & Outlook
  • Surfboards: The Leading Segment
  • US Leads the Global Surfing Market
  • Online Segment to Register Faster Growth
  • World Brands
  • Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Demographic Factors Influence Sales of Surf Gear and Surf Wear
  • Surfing Participation Worldwide: Number of Surfers (in Thousands) for Select Countries
  • Women & Girls: The New Wave of Surfers
  • World Surfing Participation by Gender: 2023
  • Surfboard Market: Rise in Leisure and Professional Surfing to Drive Long-term Growth
  • High-Performance Surfboards Gain Popularity
  • Technologies Touching & Transforming Diverse Aspects of Surfing Industry
  • Surfboard Innovations to Spur Growth Opportunities
  • Wooden Surfboards: An Eco-friendly and Sustainable Option
  • Electric Fin Surfboards
  • Carbon Technology to Improve Surfboards
  • Hybrid & Uniquely-Shaped Surfboards: A Mix of Improved Performance, Convenience & Fun
  • Innovation in Fin Designs Aimed at Improving Control & Steering of Surfboard
  • Rising Interest in Surfboard Volume Metrics to Lend Traction for Market
  • Aviation Inspires New Surfboard Designs
  • Battery-driven Surfboard Powers Electric Surfing Market
  • Surfboards Find Use in Snowboarding
  • Use of Carbon Fiber Waste in Surfboard-Making
  • Smart Surfboard Fin for Monitoring Ocean Warming
  • Other Innovations in Surfing Equipment
  • Surfing Apparel: Focus on Surf Wear Combining Functionality & Fashion
  • Fashion Influences in Men's Surf Wear
  • Wetsuits: Recreational & Professional Surfing to Drive Gains
  • Performance Surf Wear: Poised for Growth
  • Rising Popularity of Adaptive Surfing to Present Long-term Growth Prospects
  • Select Notable Adaptive Surfing Organizations Worldwide
  • Emergence of Surfing Therapy for Treatment of Mental Illnesses: Potential Growth for Surfing Equipment & Apparel
  • Artificial Wave Pools and Surf Parks Bring Surfing to Landlocked Areas: Potential for Surf Apparel and Gear
  • Prominent Technologies Used for Artificial Wave Generation
  • Efforts to Develop Professional Surfing into Arena-based Sports Fan Development of Surf Parks
  • Surf Tourism Dynamics to Influence Demand for Surf Apparel and Surf Gear
  • How Tourism & Leisure Industry Is Impacted by the Pandemic & What's the New Normal?
  • Global Tourism Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
  • Health + Wellness + Surfing: The New Mantra for Success for Surf Tourism
  • Luxury Surf Tourism: Potential for Long-term Growth
  • Technology Advancements to Spur Market Opportunities in Surfing Market
  • Sustainable Practices Gain Prominence in Surfing Industry
  • Eco-Friendly Surfboard Materials & Production Techniques
  • Algae-based Surfboards Emerge as Sustainable Alternatives to Standard Surfboards
  • Entertainment Industry Promotes Surfing Culture, Driving Market Growth
  • Media Emerges as a Key Promotional Platform for Surfing Companies
  • Sales Continue to Gain Traction through Online Channels
  • Key Market Issues Facing Surfing Market

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/reue2c

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Surfing Market

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