Surfboard Market
Surfboard Market Analysis By Product Type (Polyurethane Boards, Balsa Boards, Hollow Wooden Boards, and Others), By End-Use (Entertainment, Sport Competition, and Others), By Board Type (Shortboard, Longboard), By Region - Global Market Insights 2023 to 2033
Analysis of Surfboard Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Surfboard Market Outlook (2023 to 2033)
The global surfboard market reached a valuation of US$ 4.42 Billion, and is likely to register a Y-o-Y growth rate of 6.0% in 2023, closing at US$ 4.71 Billion. Furthermore, across the 2023 to 2033 period of assessment, growth is expected to accelerate at a whopping 6.7% CAGR, reaching US$ 9.02 Billion.
According to Fact.MR, the growing trend of surf tourism is one of the major factors that is expected to boost the growth of the global surfboard market during the forecast period.
In addition, the advent of electric surfboards has been gaining a significant traction, as they are receiving a widespread preference over conventional surfboards. These surfboards provide high-water propulsion, superior torque, and allow individuals to surf in the absence of waves.
Further, factors such as the rising popularity of adaptive surfing among disabled people has created lucrative avenues for key manufacturers. Nowadays, the key players have been introducing sustainable surfboards that are made using eco-friendly materials, which assist in reducing carbon footprint during manufacturing.
Additionally, they have been using advanced technologies, such as computer-aided design/computer-aided manufacturing (CAD/CAM) systems, in order to help individuals, so they can modify surfboards, according to their specifications and customizations.
Report Attributes | Details |
---|---|
Anticipated Base Year Value (2022) |
US$ 4.42 Billion |
Expected Market Value (2023) |
US$ 4.71 Billion |
Projected Forecast Value (2033) |
US$ 9.02 Billion |
Global Growth Rate (2023 to 2033) |
6.7% CAGR |
Expected Growth Rate of North America (2023 to 2033) |
6.6% CAGR |
Anticipated Growth Rate of Europe (2023 to 2033) |
6.5% CAGR |
Prominent Surfboard Service Players |
Gerflor SAS; Tarkett SA; Forbo; Kiefer USA; Bauwerk Boen Group; EPI Group; Horner Surfboard; Signature Sports; Robbins Sports Surfaces; Aacer Flooring; Other Market Players |
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2018 to 2022 Revenue Analysis of Surfboard Market vs. Growth Outlook 2023 to 2033
According to Fact.MR’s report, Surfboard demand exhibited a CAGR of over 3.2% from 2018 to 2022.
Key trends including rise in the global tourism industry that involves enthralling activities such as surfing, scuba diving, jet skiing, kayaking, bungee jumping, parasailing, among others, coupled with interest of the urban populace in adventurous sports activities are anticipated to fuel the market growth over the analysis period.
Increasing trend of surf wear, rise in number of surf schools, and acceptance of surfing as a trendy as well as lifestyle sport among all age groups are some other major trends that are anticipated to propel the revenue share of the surfing boards market in the forthcoming years.
Moreover, renowned surfing associations such as European Surfing Federation, International Surfing Association, and National Scholastic Surfing Association, and have been continuously working to promote surfing through promotional events, annual as well as seasonal competitions, and educational programs. All these factors will augment the demand for surfboards in the near future.
Key Market Drivers Influencing Surfboard Industry Expansion
Continual Evolution in Surfboard Design to Propel the Market Growth
The surfboard manufacturers are working day in and out, and are coming up with enhanced features of surfboards. Also, there are many surfing enthusiasts, who prefer designing their own surfboards. For instance, Daniel Thomson, an Australian surfboard shaper, who designed his own surfboard, which is known as the Vanguard, which has straight rails, a noseless craft, and an angular tail.
Moreover, the surfers continue are seeking surfing sports, in order to satisfy the craving for fun, adventure, as well as excitement. In addition, the electrical surfboards allow surfers to enjoy surfing in the absence of waves. Also, the increasing demand for electric water sports, in particular, electric surfboards, is projected to redefine the landscape of the surfing industry. The advent of such new technologies is anticipated to encourage the surfers to use highly advanced surfboards, that will enhance their performance. This, in turn, will increase the sales of technologically-advanced surfboards.
Rise in Number of Educational Surfing Courses to Augment Market Growth Prospects
The increasing trend of educational surfing courses is a key factor that is expected to fuel the growth of the surfboard market during the forecast period. The International Surfing Association (ISA) is the global governing authority for surfing, SUP racing and surfing, bodysurfing, wake surfing, and other wave-riding activities.
This has also introduced several educational courses globally for the growth as well as the development of surfing. Also, surfing schools have been established near coastal areas to encourage, and train new surfers. These courses aim at developing the knowledge, abilities, and skills of surfers and enable instructors to take a scientific approach to teaching surfing.
These programs are also introduced by the governing body for surfing and aim at establishing industry-standard quality, efficacy, as well as safety for coaches and instructors who teach surfing and SUP boarding.
Globally, in 2021, approximately 3,000 surfing and SUP boarding instructors were certified by the ISA in 150 ISA-certified educational courses, which were conducted in nearly 75 countries. Currently, the ISA has certified over 10,500 coaches and instructors globally.
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Key Challenges encountered by Surfboard Industry
Rising Trend of DIY Surfboards to Restrain the Market Growth
Factors such as an increasing adoption of do-it-yourself (DIY) surfboards, which is expected to hinder the growth of the surfboard manufacturing over the analysis period. In addition, sustainability concerns continue to impede the pace of development of the surfing industry, amidst the growth of the forum at a rapid pace.
Moreover, the millennial and GenZ populations have a high tendency to surf online, which is adversely affecting the affection for outdoor sports, and is anticipated to curb the pace of advancement for the surfboard market. Also, consumers in low-income countries are unable to spend on these exclusive products, which is expected to hamper the growth of the market in the near future.
Region-wise Analysis
How will North America Perform in the Global Surfboard Industry Landscape?
Rising Popularity of Surfing to Augment the Market Growth in the Region
The Surfboard Market in North America will grow at a CAGR of 6.6% from 2023 to 2033.
According to Fact.MR, North America is the fastest-growing Surfboard market region, accounting for over 48% of the market share in 2022, and is expected to maintain its dominance during the analysis period.
This growth is attributed to the factors such as presence of long coastlines across the U.S. and Canada, growing popularity of surfing amongst adventure enthusiasts in the region. In addition, innovations are made by the manufacturers to the surfboards to appeal to the wide base of customers across the region, further augmenting the demand of Surfboards in North America.
Additionally, The US has the largest surfing market due to its lengthy beaches, making it a popular location for surfing and other water activities. This factor is also expected to fuel the market growth in the region.
How will the Growth of Surfboard Market Escalate across Europe?
Increasing Tourism Industry to Enhance the Market Prospects
The Surfboard market in Europe is projected to become the second most lucrative market, contributing a share of nearly 47% of the global market by 2022. The European Surfboard Market is expected to grow at a CAGR of6.5% from 2023 to 2033.
France is considered to be one of the best surfing destinations in the world. As per the poll performed in 2021, there were approximately 6,50,000 surfers in France, which is making a notable contribution to the rising market share of surfboards in Europe. In addition, factors such as a rise in inbound tourism in Europe are expected to fuel the sales of surfboard in the region.
Furthermore, growing personal disposable income, increasing popularity of brands, continuously expanding travel and tourism industry in the region are some other major factors propelling the market growth during the analysis period. In addition, factors such as rapid globalization, westernization and modernization are also contributing to the increasing demand for surfboards in Europe.
Additionally, government grants are being received by the key players to innovate the products and augment tourism, which is further stimulating the revenue share of the surfboard market in the region.
Region-wise Forecast CAGRs for the Surfboard Market
Region | CAGR |
---|---|
North America | 6.6% |
Europe | 6.5% |
Asia Pacific | 6.0% |
Latin America | 6.3% |
Middle East & Africa | 5.7% |
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Category-wise Insights
Which Segment to Remain Dominant in the Board Type Category?
Shortboard Segment to Enhance Growth Prospects
According to Fact.MR’s data, preference for Shortboard segment is expected to expand at a CAGR of 6.6% over the forecast period.
The shortboards segment is expected to remain the top-selling board type in the global market during the forecast period, attributed to their customizable nature. Also, the shortboards are the best option for surfers of all skill levels. These are more responsive than the longboards.
Further, the shortboards facilitate sharp cuts in the waves, as well as pick up more speed, owing to their less surface area. These can be easily maneuvered, which is a factor that allows skilled as well as professional surfers to do amazing tricks.
Other factors that contribute to the segment’s growth include the increasing number of product launches, and a rise in the disposable income level of the people globally.
Which is the Most Sought-after Distribution Channel Category?
Offline Sales Segment to Boost the Market’s Growth
According to Fact.MR’s data, preference for Offline sales segment is expected to expand at a CAGR of 6.5% over the forecast period.
An increasing number of independent sports equipment outlets in the US and France is expected to have a positive impact on the growth of the market. Before buying or spending money on such luxury items, the surfers prefer authenticating the products. This is a major factor responsible for the segment’s growth.
Moreover, factors including the availability of a wide variety of options for purchase, coupled with material variants like wooden surfboards, polyurethane boards, balsa boards, and more are contributing to the segment’s growth. Also, ‘try and use’ options provided by offline sales channels is another factor that will escalate the segment’s growth over the analysis period.
The Start-Up Ecosystem: How key Players are opening Frontiers for Future Growth?
Surfboard startup players are adopting various marketing strategies such as new product launches, geographical expansion, merger and acquisitions, partnerships and collaboration to identify the interest of potential buyers and create a larger customer base. For instance,
- Founded in 2013, Wainman Hawaii is an international water-sports startup based in Maui, Hawaii, with its main sales offices in Florida, Europe and production facilities all over the world. The company designs a wide variety of surfboards which include MAGNUM, GAMBLER, and Passport categories of the surfboards. All these categories provide enhanced features to the surfers.
- Established in 2015, Pushfins is a private label brand for surfing board fins. The company claims to create surfboard fins using bio-based epoxy resins, and waste material sourced from the surf and skateboard industries. The company manufactures all its products in Portland, USA.
- Flitefoil, a startup based in the US, is a manufacturer of electric hydrofoil technology-based surfboards, which provides a gearless propulsion system to the surfers, which is designed to be particularly robust and optimized for noise.
Competitive Landscape
Prominent players in the Surfboard Industry are taking advantage of the rapidly increasing demand for the Surfboard in various applications. To further their outreach, players are relying on collaborations, partnerships and acquisitions with existing small, medium and large-scale vendors. Some prominent market developments are as follows:
- In May 2022, WaveShark, producer of the world’s fastest and longest lasting electric surfboards, announced the release of the Jetboard 2 and Foil 2 lines, which can reach 60 km/h (37 mph) and run continuously for 180 minutes respectively.
- In October 2022, the Singapore-based Kinetic Option launched the all-new TKO 001, a new electric surfboard allows for surfing without ocean waves or being towed by a boat. The nearly six-foot-long TKO 001 is made from carbon fiber and weighs under 40 pounds minus the battery.
Key Segments Covered in the Surfboard Industry Survey
-
By Product Type :
- Polyurethane Boards
- Balsa Boards
- Hollow Wooden Boards
- Others
-
By End-Use :
- Entertainment
- Sport Competition
- Others
-
By Board Type :
- Shortboard
- Longboard
-
By Region :
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa (MEA)
Table of Content
- 1. Market - Executive Summary
- 2. Market Overview
- 3. Market Background and Foundation Data
- 4. Global Demand (‘000 Units) Analysis and Forecast
- 5. Global Market - Pricing Analysis
- 6. Global Market Value (US$ Bn) Analysis and Forecast
- 7. Global Market Analysis and Forecast, by Product Type
- 7.1. Shortboard
- 7.2. Fish
- 7.3. Gun
- 7.4. Longboard
- 7.5. Funboard
- 7.6. Foamboard/ Softboard
- 7.7. Others
- 8. Global Market Analysis and Forecast, by Sales Channel
- 8.1. Sports Variety Stores
- 8.2. Third Party Online Channel
- 8.3. Direct-to-Customer Online Channel
- 8.4. Franchised Stores
- 8.5. Modern Trade Channels
- 9. Global Market Analysis and Forecast, By Buyer Type
- 9.1. Institutional
- 9.2. Individual
- 9.3. Promotional
- 10. Global Market Analysis and Forecast, by Region
- 10.1. North America
- 10.2. Latin America
- 10.3. Europe
- 10.4. East Asia
- 10.5. South Asia & Oceania
- 10.6. Middle East & Africa
- 11. North America Market Analysis and Forecast
- 12. Latin America Market Analysis and Forecast
- 13. Europe Market Analysis and Forecast
- 14. East Asia Market Analysis and Forecast
- 15. South Asia & Oceania Market Analysis and Forecast
- 16. Middle East & Africa Market Analysis and Forecast
- 17. Country-level Market Analysis and Forecast
- 18. Market Structure Analysis
- 19. Competition Analysis
- 19.1. Channel Islands Surfboards
- 19.2. Firewire Surfboards
- 19.3. GSI
- 19.4. Agit Global
- 19.5. BIC Sports
- 19.6. Billabong International
- 19.7. BruSurf
- 19.8. Greco Surf
- 19.9. Hydenshapes
- 19.10. Infinity Surfboards
- 19.11. Keeper Sports Products
- 19.12. Mt Woodgee Surfboards
- 19.13. NSP
- 19.14. Yuan Sports
- 19.15. Quiksilver
- 19.16. Other Market Players
- 20. Assumptions & Acronyms Used
- 21. Research Methodology
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List Of Table
Table 01: Global Market Value (USD Billion) and Forecast, By Region, 2018 to 2022
Table 02: Global Market Value (USD Billion) and Forecast, By Region, 2023 to 2033
Table 03: Global Market Volume (Units) and Forecast, By Region, 2018 to 2022
Table 04: Global Market Volume (Units) and Forecast, By Region, 2023 to 2033
Table 05: Global Market Value (USD Billion) and Forecast, By Product Type, 2018 to 2022
Table 06: Global Market Value (USD Billion) and Forecast, By Product Type, 2023 to 2033
Table 07: Global Market Volume (Units) and Forecast, By Product Type, 2018 to 2022
Table 08: Global Market Volume (Units) and Forecast, By Product Type, 2023 to 2033
Table 09: Global Market Value (USD Billion) and Forecast, By Sales Channel, 2018 to 2022
Table 10: Global Market Value (USD Billion) and Forecast, By Sales Channel, 2023 to 2033
Table 11: Global Market Volume (Units) and Forecast, By Sales Channel, 2018 to 2022
Table 12: Global Market Volume (Units) and Forecast, By Sales Channel, 2023 to 2033
Table 13: Global Market Value (USD Billion) and Forecast, By Buyer Type, 2018 to 2022
Table 14: Global Market Value (USD Billion) and Forecast, By Buyer Type, 2023 to 2033
Table 15: Global Market Volume (Units) and Forecast, By Buyer Type, 2018 to 2022
Table 16: Global Market Volume (Units) and Forecast, By Buyer Type, 2023 to 2033
Table 17: North America Market Value (USD Billion) and Forecast, By Country, 2018 to 2022
Table 18: North America Market Value (USD Billion) and Forecast, By Country, 2023 to 2033
Table 19: North America Market Volume (Units) and Forecast, By Country, 2018 to 2022
Table 20: North America Market Volume (Units) and Forecast, By Country, 2023 to 2033
Table 21: North America Market Value (USD Billion) and Forecast, By Product Type, 2018 to 2022
Table 22: North America Market Value (USD Billion) and Forecast, By Product Type, 2023 to 2033
Table 23: North America Market Volume (Units) and Forecast, By Product Type, 2018 to 2022
Table 24: North America Market Volume (Units) and Forecast, By Product Type, 2023 to 2033
Table 25: North America Market Value (USD Billion) and Forecast, By Sales Channel, 2018 to 2022
Table 26: North America Market Value (USD Billion) and Forecast, By Sales Channel, 2023 to 2033
Table 27: North America Market Volume (Units) and Forecast, By Sales Channel, 2018 to 2022
Table 28: North America Market Volume (Units) and Forecast, By Sales Channel, 2023 to 2033
Table 29: North America Market Value (USD Billion) and Forecast, By Buyer Type, 2018 to 2022
Table 30: North America Market Value (USD Billion) and Forecast, By Buyer Type, 2023 to 2033
Table 31: North America Market Volume (Units) and Forecast, By Buyer Type, 2018 to 2022
Table 32: North America Market Volume (Units) and Forecast, By Buyer Type, 2023 to 2033
Table 33: Latin America Market Value (USD Billion) and Forecast, By Country, 2018 to 2022
Table 34: Latin America Market Value (USD Billion) and Forecast, By Country, 2023 to 2033
Table 35: Latin America Market Volume (Units) and Forecast, By Country, 2018 to 2022
Table 36: Latin America Market Volume (Units) and Forecast, By Country, 2023 to 2033
Table 37: Latin America Market Value (USD Billion) and Forecast, By Product Type, 2018 to 2022
Table 38: Latin America Market Value (USD Billion) and Forecast, By Product Type, 2023 to 2033
Table 39: Latin America Market Volume (Units) and Forecast, By Product Type, 2018 to 2022
Table 40: Latin America Market Volume (Units) and Forecast, By Product Type, 2023 to 2033
Table 41: Latin America Market Value (USD Billion) and Forecast, By Sales Channel, 2018 to 2022
Table 42: Latin America Market Value (USD Billion) and Forecast, By Sales Channel, 2023 to 2033
Table 43: Latin America Market Volume (Units) and Forecast, By Sales Channel, 2018 to 2022
Table 44: Latin America Market Volume (Units) and Forecast, By Sales Channel, 2023 to 2033
Table 45: Latin America Market Value (USD Billion) and Forecast, By Buyer Type, 2018 to 2022
Table 46: Latin America Market Value (USD Billion) and Forecast, By Buyer Type, 2023 to 2033
Table 47: Latin America Market Volume (Units) and Forecast, By Buyer Type, 2018 to 2022
Table 48: Latin America Market Volume (Units) and Forecast, By Buyer Type, 2023 to 2033
Table 49: Europe Market Value (USD Billion) and Forecast, By Country, 2018 to 2022
Table 50: Europe Market Value (USD Billion) and Forecast, By Country, 2023 to 2033
Table 51: Europe Market Volume (Units) and Forecast, By Country, 2018 to 2022
Table 52: Europe Market Volume (Units) and Forecast, By Country, 2023 to 2033
Table 53: Europe Market Value (USD Billion) and Forecast, By Product Type, 2018 to 2022
Table 54: Europe Market Value (USD Billion) and Forecast, By Product Type, 2023 to 2033
Table 55: Europe Market Volume (Units) and Forecast, By Product Type, 2018 to 2022
Table 56: Europe Market Volume (Units) and Forecast, By Product Type, 2023 to 2033
Table 57: Europe Market Value (USD Billion) and Forecast, By Sales Channel, 2018 to 2022
Table 58: Europe Market Value (USD Billion) and Forecast, By Sales Channel, 2023 to 2033
Table 59: Europe Market Volume (Units) and Forecast, By Sales Channel, 2018 to 2022
Table 60: Europe Market Volume (Units) and Forecast, By Sales Channel, 2023 to 2033
Table 61: Europe Market Value (USD Billion) and Forecast, By Buyer Type, 2018 to 2022
Table 62: Europe Market Value (USD Billion) and Forecast, By Buyer Type, 2023 to 2033
Table 63: Europe Market Volume (Units) and Forecast, By Buyer Type, 2018 to 2022
Table 64: Europe Market Volume (Units) and Forecast, By Buyer Type, 2023 to 2033
Table 65: East Asia Market Value (USD Billion) and Forecast, By Country, 2018 to 2022
Table 66: East Asia Market Value (USD Billion) and Forecast, By Country, 2023 to 2033
Table 67: East Asia Market Volume (Units) and Forecast, By Country, 2018 to 2022
Table 68: East Asia Market Volume (Units) and Forecast, By Country, 2023 to 2033
Table 69: East Asia Market Value (USD Billion) and Forecast, By Product Type, 2018 to 2022
Table 70: East Asia Market Value (USD Billion) and Forecast, By Product Type, 2023 to 2033
Table 71: East Asia Market Volume (Units) and Forecast, By Product Type, 2018 to 2022
Table 72: East Asia Market Volume (Units) and Forecast, By Product Type, 2023 to 2033
Table 73: East Asia Market Value (USD Billion) and Forecast, By Sales Channel, 2018 to 2022
Table 74: East Asia Market Value (USD Billion) and Forecast, By Sales Channel, 2023 to 2033
Table 75: East Asia Market Volume (Units) and Forecast, By Sales Channel, 2018 to 2022
Table 76: East Asia Market Volume (Units) and Forecast, By Sales Channel, 2023 to 2033
Table 77: East Asia Market Value (USD Billion) and Forecast, By Buyer Type, 2018 to 2022
Table 78: East Asia Market Value (USD Billion) and Forecast, By Buyer Type, 2023 to 2033
Table 79: East Asia Market Volume (Units) and Forecast, By Buyer Type, 2018 to 2022
Table 80: East Asia Market Volume (Units) and Forecast, By Buyer Type, 2023 to 2033
Table 81: South Asia & Oceania Market Value (USD Billion) and Forecast, By Country, 2018 to 2022
Table 82: South Asia & Oceania Market Value (USD Billion) and Forecast, By Country, 2023 to 2033
Table 83: South Asia & Oceania Market Volume (Units) and Forecast, By Country, 2018 to 2022
Table 84: South Asia & Oceania Market Volume (Units) and Forecast, By Country, 2023 to 2033
Table 85: South Asia & Oceania Market Value (USD Billion) and Forecast, By Product Type, 2018 to 2022
Table 86: South Asia & Oceania Market Value (USD Billion) and Forecast, By Product Type, 2023 to 2033
Table 87: South Asia & Oceania Market Volume (Units) and Forecast, By Product Type, 2018 to 2022
Table 88: South Asia & Oceania Market Volume (Units) and Forecast, By Product Type, 2023 to 2033
Table 89: South Asia & Oceania Market Value (USD Billion) and Forecast, By Sales Channel, 2018 to 2022
Table 90: South Asia & Oceania Market Value (USD Billion) and Forecast, By Sales Channel, 2023 to 2033
Table 91: South Asia & Oceania Market Volume (Units) and Forecast, By Sales Channel, 2018 to 2022
Table 92: South Asia & Oceania Market Volume (Units) and Forecast, By Sales Channel, 2023 to 2033
Table 93: South Asia & Oceania Market Value (USD Billion) and Forecast, By Buyer Type, 2018 to 2022
Table 94: South Asia & Oceania Market Value (USD Billion) and Forecast, By Buyer Type, 2023 to 2033
Table 95: South Asia & Oceania Market Volume (Units) and Forecast, By Buyer Type, 2018 to 2022
Table 96: South Asia & Oceania Market Volume (Units) and Forecast, By Buyer Type, 2023 to 2033
Table 97: MEA Market Value (USD Billion) and Forecast, By Country, 2018 to 2022
Table 98: MEA Market Value (USD Billion) and Forecast, By Country, 2023 to 2033
Table 99: MEA Market Volume (Units) and Forecast, By Country, 2018 to 2022
Table 100: MEA Market Volume (Units) and Forecast, By Country, 2023 to 2033
Table 101: MEA Market Value (USD Billion) and Forecast, By Product Type, 2018 to 2022
Table 102: MEA Market Value (USD Billion) and Forecast, By Product Type, 2023 to 2033
Table 103: MEA Market Volume (Units) and Forecast, By Product Type, 2018 to 2022
Table 104: MEA Market Volume (Units) and Forecast, By Product Type, 2023 to 2033
Table 105: MEA Market Value (USD Billion) and Forecast, By Sales Channel, 2018 to 2022
Table 106: MEA Market Value (USD Billion) and Forecast, By Sales Channel, 2023 to 2033
Table 107: MEA Market Volume (Units) and Forecast, By Sales Channel, 2018 to 2022
Table 108: MEA Market Volume (Units) and Forecast, By Sales Channel, 2023 to 2033
Table 109: MEA Market Value (USD Billion) and Forecast, By Buyer Type, 2018 to 2022
Table 110: MEA Market Value (USD Billion) and Forecast, By Buyer Type, 2023 to 2033
Table 111: MEA Market Volume (Units) and Forecast, By Buyer Type, 2018 to 2022
Table 112: MEA Market Volume (Units) and Forecast, By Buyer Type 2023 to 2033
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List Of Figures
Figure 01: Global Market Value (US$ Billion) and Volume (‘000 Units) Forecast, 2023 to 2033
Figure 02: Global Market Absolute $ Opportunity (US$ Billion), 2023 to 2033
Figure 03: Global Market Value (US$ Billion) and Volume (‘000 Units) by Region, 2023 & 2033
Figure 04: Global Market Y-o-Y Growth Rate by Region, 2023 to 2033
Figure 05: Global Market Value (US$ Billion) and Volume (‘000 Units) By Product Type, 2023 & 2033
Figure 06: Global Market Y-o-Y Growth Rate By Product Type, 2023 to 2033
Figure 07: Global Market Value (US$ Billion) and Volume (‘000 Units) By Sales Channel, 2023 & 2033
Figure 08: Global Market Y-o-Y Growth Rate By Sales Channel, 2023 to 2033
Figure 09: Global Market Value (US$ Billion) and Volume (‘000 Units) By Buyer Type, 2023 & 2033
Figure 10: Global Market Y-o-Y Growth Rate By Buyer Type, 2023 to 2033
Figure 11: Global Market Attractiveness Analysis By Region, 2023 to 2033
Figure 12: Global Market Attractiveness Analysis By Product Type, 2023 to 2033
Figure 13: Global Market Attractiveness Analysis By Sales Channel, 2023 to 2033
Figure 14: Global Market Attractiveness Analysis By Buyer Type, 2023 to 2033
Figure 15: : North America Market Value (US$ Billion) and Volume (‘000 Units) Forecast, 2023 to 2033
Figure 16: North America Market Absolute $ Opportunity (US$ Billion), 2023 to 2033
Figure 17: North America Market Value (US$ Billion) and Volume (‘000 Units) by Country, 2023 & 2033
Figure 18: North America Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 19: North America Market Value (US$ Billion) and Volume (‘000 Units) By Product Type, 2023 & 2033
Figure 20: North America Market Y-o-Y Growth Rate By Product Type, 2023 to 2033
Figure 21: North America Market Value (US$ Billion) and Volume (‘000 Units) By Sales Channel, 2023 & 2033
Figure 22: North America Market Y-o-Y Growth Rate By Sales Channel, 2023 to 2033
Figure 23: North America Market Value (US$ Billion) and Volume (‘000 Units) By Buyer Type, 2023 & 2033
Figure 24: North America Market Y-o-Y Growth Rate By Buyer Type, 2023 to 2033
Figure 25: North America Market Attractiveness Analysis By Country, 2023 to 2033
Figure 26: North America Market Attractiveness Analysis By Product Type, 2023 to 2033
Figure 27: North America Market Attractiveness Analysis By Sales Channel, 2023 to 2033
Figure 28: North America Market Attractiveness Analysis By Buyer Type, 2023 to 2033
Figure 29: Latin America Market Value (US$ Billion) and Volume (‘000 Units) Forecast, 2023 to 2033
Figure 30: Latin America Market Absolute $ Opportunity (US$ Billion), 2023 to 2033
Figure 31: Latin America Market Value (US$ Billion) and Volume (‘000 Units) by Country, 2023 & 2033
Figure 32: Latin America Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 33: Latin America Market Value (US$ Billion) and Volume (‘000 Units) By Product Type, 2023 & 2033
Figure 34: Latin America Market Y-o-Y Growth Rate By Product Type, 2023 to 2033
Figure 35: Latin America Market Value (US$ Billion) and Volume (‘000 Units) By Sales Channel, 2023 & 2033
Figure 36: Latin America Market Y-o-Y Growth Rate By Sales Channel, 2023 to 2033
Figure 37: Latin America Market Value (US$ Billion) and Volume (‘000 Units) By Buyer Type, 2023 & 2033
Figure 38: Latin America Market Y-o-Y Growth Rate By Buyer Type, 2023 to 2033
Figure 39: Latin America Market Attractiveness Analysis By Country, 2023 to 2033
Figure 40: Latin America Market Attractiveness Analysis By Product Type, 2023 to 2033
Figure 41: Latin America Market Attractiveness Analysis By Sales Channel, 2023 to 2033
Figure 42: Latin America Market Attractiveness Analysis By Buyer Type, 2023 to 2033
Figure 43: Europe Market Value (US$ Billion) and Volume (‘000 Units) Forecast, 2023 to 2033
Figure 44: Europe Market Absolute $ Opportunity (US$ Billion), 2023 to 2033
Figure 45: Europe Market Value (US$ Billion) and Volume (‘000 Units) by Country, 2023 & 2033
Figure 46: Europe Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 47: Europe Market Value (US$ Billion) and Volume (‘000 Units) By Product Type, 2023 & 2033
Figure 48: Europe Market Y-o-Y Growth Rate By Product Type, 2023 to 2033
Figure 49: Europe Market Value (US$ Billion) and Volume (‘000 Units) By Sales Channel, 2023 & 2033
Figure 50: Europe Market Y-o-Y Growth Rate By Sales Channel, 2023 to 2033
Figure 51: Europe Market Value (US$ Billion) and Volume (‘000 Units) By Buyer Type, 2023 & 2033
Figure 52: Europe Market Y-o-Y Growth Rate By Buyer Type, 2023 to 2033
Figure 53: Europe Market Attractiveness Analysis By Country, 2023 to 2033
Figure 54: Europe Market Attractiveness Analysis By Product Type, 2023 to 2033
Figure 55: Europe Market Attractiveness Analysis By Sales Channel, 2023 to 2033
Figure 56: Europe Market Attractiveness Analysis By Buyer Type, 2023 to 2033
Figure 57: East Asia Market Value (US$ Billion) and Volume (‘000 Units) Forecast, 2023 to 2033
Figure 58: East Asia Market Absolute $ Opportunity (US$ Billion), 2023 to 2033
Figure 59: East Asia Market Value (US$ Billion) and Volume (‘000 Units) by Country, 2023 & 2033
Figure 60: East Asia Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 61: East Asia Market Value (US$ Billion) and Volume (‘000 Units) By Product Type, 2023 & 2033
Figure 62: East Asia Market Y-o-Y Growth Rate By Product Type, 2023 to 2033
Figure 63: East Asia Market Value (US$ Billion) and Volume (‘000 Units) By Sales Channel, 2023 & 2033
Figure 64: East Asia Market Y-o-Y Growth Rate By Sales Channel, 2023 to 2033
Figure 65: East Asia Market Value (US$ Billion) and Volume (‘000 Units) By Buyer Type, 2023 & 2033
Figure 66: East Asia Market Y-o-Y Growth Rate By Buyer Type, 2023 to 2033
Figure 67: East Asia Market Attractiveness Analysis By Region, 2023 to 2033
Figure 68: East Asia Market Attractiveness Analysis By Product Type, 2023 to 2033
Figure 69: East Asia Market Attractiveness Analysis By Sales Channel, 2023 to 2033
Figure 70: East Asia Market Attractiveness Analysis By Buyer Type, 2023 to 2033
Figure 71: South Asia & Oceania Market Value (US$ Billion) and Volume (‘000 Units) Forecast, 2023 to 2033
Figure 72: South Asia & Oceania Market Absolute $ Opportunity (US$ Billion), 2023 to 2033
Figure 73: South Asia & Oceania Market Value (US$ Billion) and Volume (‘000 Units) by Country, 2023 & 2033
Figure 74: South Asia & Oceania Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 75: South Asia & Oceania Market Value (US$ Billion) and Volume (‘000 Units) By Product Type, 2023 & 2033
Figure 76: South Asia & Oceania Market Y-o-Y Growth Rate By Product Type, 2023 to 2033
Figure 77: South Asia & Oceania Market Value (US$ Billion) and Volume (‘000 Units) By Sales Channel, 2023 & 2033
Figure 78: South Asia & Oceania Market Y-o-Y Growth Rate By Sales Channel, 2023 to 2033
Figure 79: South Asia & Oceania Market Value (US$ Billion) and Volume (‘000 Units) By Buyer Type, 2023 & 2033
Figure 80: South Asia & Oceania Market Y-o-Y Growth Rate By Buyer Type, 2023 to 2033
Figure 81: South Asia & Oceania Market Attractiveness Analysis By Region, 2023 to 2033
Figure 82: South Asia & Oceania Market Attractiveness Analysis By Product Type, 2023 to 2033
Figure 83: South Asia & Oceania Market Attractiveness Analysis By Sales Channel, 2023 to 2033
Figure 84: South Asia & Oceania Market Attractiveness Analysis By Buyer Type, 2023 to 2033
Figure 85: Middle East & Africa Market Value (US$ Billion) and Volume (‘000 Units) Forecast, 2023 to 2033
Figure 86: Middle East & Africa Market Absolute $ Opportunity (US$ Billion), 2023 to 2033
Figure 87: Middle East & Africa Market Value (US$ Billion) and Volume (‘000 Units) by Country, 2023 & 2033
Figure 88: Middle East & Africa Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 89: Middle East & Africa Market Value (US$ Billion) and Volume (‘000 Units) By Product Type, 2023 & 2033
Figure 90: Middle East & Africa Market Y-o-Y Growth Rate By Product Type, 2023 to 2033
Figure 91: Middle East & Africa Market Value (US$ Billion) and Volume (‘000 Units) By Sales Channel, 2023 & 2033
Figure 92: Middle East & Africa Market Y-o-Y Growth Rate By Sales Channel, 2023 to 2033
Figure 93: Middle East & Africa Market Value (US$ Billion) and Volume (‘000 Units) By Buyer Type, 2023 & 2033
Figure 94: Middle East & Africa Market Y-o-Y Growth Rate By Buyer Type, 2023 to 2033
Figure 95: Middle East & Africa Market Attractiveness Analysis By Country, 2023 to 2033
Figure 96: Middle East & Africa Market Attractiveness Analysis By Product Type, 2023 to 2033
Figure 97: Middle East & Africa Market Attractiveness Analysis By Sales Channel, 2023 to 2033
Figure 98: Middle East & Africa Market Attractiveness Analysis By Buyer Type, 2023 to 2033
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- FAQs -
What was the market worth for Surfboard in 2022?
As of 2022, the Surfboard market was valued at US$ 4.42 Billion
At what value will the Surfboard market close in 2023?
As of 2023, Fact.MR expects the Surfboard industry to be valued at US$ 4.71 Billion
From 2018 to 2022, what was the documented growth rate for the Surfboard market?
According to Fact.MR, a CAGR of 3.2% was recorded for the Surfboard market from 2018 to 2022
At what percentage will the industry expand during the 2023 to 2033 period of assessment?
From 2023 to 2033, the Surfboard industry is poised to flourish at a 6.7% CAGR
What is the expected closing market value for Surfboard in 2033?
By 2033, the Surfboard landscape is slated to reach a valuation of US$ 9.02 Billion
By Board Type, which segment is likely to experience the fastest growth rate?
Shortboard Segment is expected to grow the fastest, at a CAGR of 6.6%
Which is the most preferred Distribution Channel category of Surfboard?
By Distribution Channel, the Offline Sales segment is expected to dominate the market, documenting a 6.5% value CAGR
How will the market for Surfboard in North America flourish until 2033?
As per Fact.MR’s projections, the market for Surfboard in North America will likely expand at a 6.6% CAGR
What will be the growth scenario for the market in Europe until 2033?
Europe is poised to yield a CAGR of 6.5% with respect to Surfboard in 2033