Windsurfing Equipment Market Key Findings by 2031
The Windsurfing Equipment Market is expected to register a CAGR of 4.5% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The Windsurfing Equipment Market Report is categorized by type of equipment (Boards, Sails, Masts, Accessories). It further presents an analysis based on equipment distribution channels ( Supermarket and Hypermarket, Specialty Store, Online Retail, Others). The global analysis is broken down at the regional level and major countries. The market evaluation is presented in US$ for the above segmental analysis.
Purpose of the ReportThe report Windsurfing Equipment Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Windsurfing Equipment Market Segmentation
Type- Boards
- Rigs
- Sails
- Others
- Supermarket and Hypermarket
- Specialty Store
- Onine Retail
- Others
Strategic Insights
Windsurfing Equipment Market Growth Drivers- Increased popularity of water sports: Continued high penetration of water sports and leisure events promotes demand for windsurfing equipment.
- Technology Improvements: Continuous updating of the technology applied to windsurfer boards and sails with lighter and stronger composites enhances performances and increases market.
- Increasing Disposable Income: Higher disposable income, especially in new markets, enhances the ability to spend on recreational equipment, including windsurfing gear.
- Growing adoption of eco-friendly materials: Sustainability has meant the onset of so much eco-friendly material intended for windsurfing boards and sails.
- Customized Windsurfing Gears: There is a growing trend toward customized windsurfing gear, tailored to the taste of each individual and their potential performance requirements.
- Rise in Tourism Windsurfing: Increased global windsurfing tourism as cultures and people prefer visiting areas that bear beaches and a good wind condition promote the market further.
- Entering developing markets: Countries with access to beaches and water sports facilities present opportunities for growth for windsurfing equipment manufacturers.
- Integration of Smart Technologies: Smart technologies will be integrated into windsurfing gear. The use of a GPS in combination with sensors can monitor performance-a factor that would integrate elements not otherwise available.
- Product Innovation: The continuous innovation in product design, which is lighter and more durable equipment and new gear, offers a room for the company to target new segments of customers.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Windsurfing Equipment Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Windsurfing Equipment Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORKHave a question?
Shejal
Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The market is expected to register a CAGR of 4.5% during 2021–2031.
Rising popularity of water sports and adventure tourism and technological advancements in windsurfing equipment are some of the primary growth drivers.
Increase in eco-friendly and sustainable windsurfing products are some of the future trends of this market.
The major players of this market are Atomicsurf, DROPS BOARDS SAS, Fanatic, Forward Maui Inc, Kona Windsurfing AB, Mistral, Point 7 International Ltd, Starboard, TABOU SURFBOARDS,
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Windsurfing Equipment Market - By Type
1.3.2 Windsurfing Equipment Market - By Distribution Channel
1.3.3 Windsurfing Equipment Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. WINDSURFING EQUIPMENT MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. WINDSURFING EQUIPMENT MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. WINDSURFING EQUIPMENT MARKET - GLOBAL MARKET ANALYSIS
6.1. WINDSURFING EQUIPMENT - GLOBAL MARKET OVERVIEW
6.2. WINDSURFING EQUIPMENT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. WINDSURFING EQUIPMENT MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. BOARDS
7.3.1. Overview
7.3.2. Boards Market Forecast and Analysis
7.4. RIGS
7.4.1. Overview
7.4.2. Rigs Market Forecast and Analysis
7.5. SAILS
7.5.1. Overview
7.5.2. Sails Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. WINDSURFING EQUIPMENT MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
8.1. OVERVIEW
8.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
8.3. SUPERMARKET AND HYPERMARKET
8.3.1. Overview
8.3.2. Supermarket and Hypermarket Market Forecast and Analysis
8.4. SPECIALTY STORE
8.4.1. Overview
8.4.2. Specialty Store Market Forecast and Analysis
8.5. ONINE RETAIL
8.5.1. Overview
8.5.2. Onine Retail Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. WINDSURFING EQUIPMENT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Windsurfing Equipment Market Overview
9.1.2 North America Windsurfing Equipment Market Forecasts and Analysis
9.1.3 North America Windsurfing Equipment Market Forecasts and Analysis - By Type
9.1.4 North America Windsurfing Equipment Market Forecasts and Analysis - By Distribution Channel
9.1.5 North America Windsurfing Equipment Market Forecasts and Analysis - By Countries
9.1.5.1 United States Windsurfing Equipment Market
9.1.5.1.1 United States Windsurfing Equipment Market by Type
9.1.5.1.2 United States Windsurfing Equipment Market by Distribution Channel
9.1.5.2 Canada Windsurfing Equipment Market
9.1.5.2.1 Canada Windsurfing Equipment Market by Type
9.1.5.2.2 Canada Windsurfing Equipment Market by Distribution Channel
9.1.5.3 Mexico Windsurfing Equipment Market
9.1.5.3.1 Mexico Windsurfing Equipment Market by Type
9.1.5.3.2 Mexico Windsurfing Equipment Market by Distribution Channel
9.2. EUROPE
9.2.1 Europe Windsurfing Equipment Market Overview
9.2.2 Europe Windsurfing Equipment Market Forecasts and Analysis
9.2.3 Europe Windsurfing Equipment Market Forecasts and Analysis - By Type
9.2.4 Europe Windsurfing Equipment Market Forecasts and Analysis - By Distribution Channel
9.2.5 Europe Windsurfing Equipment Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Windsurfing Equipment Market
9.2.5.1.1 Germany Windsurfing Equipment Market by Type
9.2.5.1.2 Germany Windsurfing Equipment Market by Distribution Channel
9.2.5.2 France Windsurfing Equipment Market
9.2.5.2.1 France Windsurfing Equipment Market by Type
9.2.5.2.2 France Windsurfing Equipment Market by Distribution Channel
9.2.5.3 Italy Windsurfing Equipment Market
9.2.5.3.1 Italy Windsurfing Equipment Market by Type
9.2.5.3.2 Italy Windsurfing Equipment Market by Distribution Channel
9.2.5.4 United Kingdom Windsurfing Equipment Market
9.2.5.4.1 United Kingdom Windsurfing Equipment Market by Type
9.2.5.4.2 United Kingdom Windsurfing Equipment Market by Distribution Channel
9.2.5.5 Russia Windsurfing Equipment Market
9.2.5.5.1 Russia Windsurfing Equipment Market by Type
9.2.5.5.2 Russia Windsurfing Equipment Market by Distribution Channel
9.2.5.6 Rest of Europe Windsurfing Equipment Market
9.2.5.6.1 Rest of Europe Windsurfing Equipment Market by Type
9.2.5.6.2 Rest of Europe Windsurfing Equipment Market by Distribution Channel
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Windsurfing Equipment Market Overview
9.3.2 Asia-Pacific Windsurfing Equipment Market Forecasts and Analysis
9.3.3 Asia-Pacific Windsurfing Equipment Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Windsurfing Equipment Market Forecasts and Analysis - By Distribution Channel
9.3.5 Asia-Pacific Windsurfing Equipment Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Windsurfing Equipment Market
9.3.5.1.1 Australia Windsurfing Equipment Market by Type
9.3.5.1.2 Australia Windsurfing Equipment Market by Distribution Channel
9.3.5.2 China Windsurfing Equipment Market
9.3.5.2.1 China Windsurfing Equipment Market by Type
9.3.5.2.2 China Windsurfing Equipment Market by Distribution Channel
9.3.5.3 India Windsurfing Equipment Market
9.3.5.3.1 India Windsurfing Equipment Market by Type
9.3.5.3.2 India Windsurfing Equipment Market by Distribution Channel
9.3.5.4 Japan Windsurfing Equipment Market
9.3.5.4.1 Japan Windsurfing Equipment Market by Type
9.3.5.4.2 Japan Windsurfing Equipment Market by Distribution Channel
9.3.5.5 South Korea Windsurfing Equipment Market
9.3.5.5.1 South Korea Windsurfing Equipment Market by Type
9.3.5.5.2 South Korea Windsurfing Equipment Market by Distribution Channel
9.3.5.6 Rest of Asia-Pacific Windsurfing Equipment Market
9.3.5.6.1 Rest of Asia-Pacific Windsurfing Equipment Market by Type
9.3.5.6.2 Rest of Asia-Pacific Windsurfing Equipment Market by Distribution Channel
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Windsurfing Equipment Market Overview
9.4.2 Middle East and Africa Windsurfing Equipment Market Forecasts and Analysis
9.4.3 Middle East and Africa Windsurfing Equipment Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Windsurfing Equipment Market Forecasts and Analysis - By Distribution Channel
9.4.5 Middle East and Africa Windsurfing Equipment Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Windsurfing Equipment Market
9.4.5.1.1 South Africa Windsurfing Equipment Market by Type
9.4.5.1.2 South Africa Windsurfing Equipment Market by Distribution Channel
9.4.5.2 Saudi Arabia Windsurfing Equipment Market
9.4.5.2.1 Saudi Arabia Windsurfing Equipment Market by Type
9.4.5.2.2 Saudi Arabia Windsurfing Equipment Market by Distribution Channel
9.4.5.3 U.A.E Windsurfing Equipment Market
9.4.5.3.1 U.A.E Windsurfing Equipment Market by Type
9.4.5.3.2 U.A.E Windsurfing Equipment Market by Distribution Channel
9.4.5.4 Rest of Middle East and Africa Windsurfing Equipment Market
9.4.5.4.1 Rest of Middle East and Africa Windsurfing Equipment Market by Type
9.4.5.4.2 Rest of Middle East and Africa Windsurfing Equipment Market by Distribution Channel
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Windsurfing Equipment Market Overview
9.5.2 South and Central America Windsurfing Equipment Market Forecasts and Analysis
9.5.3 South and Central America Windsurfing Equipment Market Forecasts and Analysis - By Type
9.5.4 South and Central America Windsurfing Equipment Market Forecasts and Analysis - By Distribution Channel
9.5.5 South and Central America Windsurfing Equipment Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Windsurfing Equipment Market
9.5.5.1.1 Brazil Windsurfing Equipment Market by Type
9.5.5.1.2 Brazil Windsurfing Equipment Market by Distribution Channel
9.5.5.2 Argentina Windsurfing Equipment Market
9.5.5.2.1 Argentina Windsurfing Equipment Market by Type
9.5.5.2.2 Argentina Windsurfing Equipment Market by Distribution Channel
9.5.5.3 Rest of South and Central America Windsurfing Equipment Market
9.5.5.3.1 Rest of South and Central America Windsurfing Equipment Market by Type
9.5.5.3.2 Rest of South and Central America Windsurfing Equipment Market by Distribution Channel
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. WINDSURFING EQUIPMENT MARKET, KEY COMPANY PROFILES
11.1. ATOMICSURF
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. DROPS BOARDS SAS
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. FANATIC
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. FORWARD MAUI INC
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. KONA WINDSURFING AB
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. MISTRAL
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. POINT-7 INTERNATIONAL LTD.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. STARBOARD
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. TABOU SURFBOARDS
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. WITCHCRAFT WINDSURFING
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Atomicsurf
2. DROPS BOARDS SAS
3. Fanatic
4. Forward Maui Inc
5. Kona Windsurfing AB
6. Mistral
7. Point-7 International Ltd.
8. Starboard
9. TABOU SURFBOARDS
10. WITCHCRAFT WINDSURFING
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.