Surfing Board Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Surfing is a water sport in which a surfer or an individual uses a board to ride on the forward section of a moving wave of water, which usually carries the surfer toward the shore. Surfing is usually done in the ocean, but developments in technology have made it possible to create waves in pools and rivers as an alternative. The surfboard has a light-weight yet sturdy structure that supports the person standing on it while riding the ocean wave.

MARKET DYNAMICS

The global surfing board market size is expected to gain market growth in the forecast period. Increasing number of surf schools, rising trend of surf wear, and acceptance of surfing as a trendy and lifestyle sport among all age groups are prominent factors expected to drive the growth of the surfing boards market throughout the forecasted years. Additionally, renowned surfing associations such as International Surfing Association, National Scholastic Surfing Association, and European Surfing Federation have been continuously working to promote surfing through annual and seasonal competitions, promotional events, and educational programs. This will further accelerate the overall growth of the surfing boards market. Fluctuations in trade tariffs on several raw materials can hamper the growth of the overall global surfing boards market.

MARKET SCOPE

The "Global Surfing Board Market Analysis to 2031" is a specialized and in-depth study of the Consumer Goods industry with a special focus on the global market trend analysis. The report aims to provide an overview of the surfing board market with detailed market segmentation by product type, material and distribution channel. The global surfing board market is expected to rise during the forecast period. The report provides key statistics on the market status of the leading surfing board market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global surfing board market is segmented on the basis of product type, material and distribution channel. On the basis of product type the market is segmented into short board, long board and others. Based on material type the market the segmented into polystyrene, foam and fiberglass, epoxy and others. Based on distribution channel, the market is bifurcated into supermarkets and hypermarkets, specialty stores, online retail, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global surfing board market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South & Central America. The surfing board market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the surfing board market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the surfing board market in these regions.

MARKET PLAYERS

The report covers vital developments in the surfing board market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships and collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the surfing board market are anticipated to lucrative growth opportunities in the future with the rising demand for surfing board in the global market. Below mentioned is the list of few companies engaged in the surfing board market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the surfing board market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.

•   Global Surf Industries
  
•   Cannibal Surfboards
  
•   Firewire Surfboards, LLC
  
•   Rusty Surfboards
  
•   Channel Islands Surfboards
  
•   Hobie Cat Co.
  
•   Beachbeat Surfboards
  
•   NSP Surfboards
  
•   XANADU SURF DESIGNS
  
•   Infinity SUP
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Surfing Board Report Scope