Surfboard Market Trends, Strategy, Research Report, Analysis, Forecast 2018-2025

in #report5 years ago

14 February 2019 - Global Surfboard Market is expected to gain a positive traction in the forthcoming period. Sea surfing is a leisure activity for most. It offers many benefits from psychological and physical aspects and thus surfboards enable a relishing experience for users. Surfboard shapes must be compared before using and there is no easy way to bank upon how fast a surfboard can slide along the wave or how fast it can turn. It can be only precise, when it is compared with other surfboards.

Other dynamics for choosing a surfboard includes weight of the surfer, orbital force, water inertia, surface drag, shape drag, buoyant force and weight of surfboard. Lastly from the fitness point of view and with the rising trend of spas and wellness center to promote sea surfing as a fitness exercise leads to the emergence of surfing as a new market. With the rise in mass tourism and water sports as an adventure in tropical areas, sea surfing has now become a professional form of sport. Overall, the rising commercial importance of surfboard market enables favorable market growth in the near future.

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Driving factors responsible for the growth of surfboard industry include favorable opportunities with the rise in participation of women in surfing and surf-wear market along with rise in popularity of surfing as a water adventure sport and leisure activity. Moreover, incorporation of surf parks coupled with artificial wave technology is conducive for growth of surfboard market. Additionally, the shift from conventional swim suit to eco-friendly alternatives have also added to the market growth as a driving factor and computer-aided designs have also resulted in augmenting the sales of customized surfboards in western countries. Segmentation for surfboard market based on type includes amateur and professional. Based on segmentation by end-user for market includes teenagers and adults.

Geographically, surfboard market spans North America, Latin America, Europe, Asia-Pacific, Middle-East and Africa. North America and Europe market dominate the global scenario owing to rise in disposable income and preference for beach and water parks as a leisure activity by audience contributes acts as a market driving factor. APAC and MEA market is also expected to gain a prominent growth in the forthcoming period owing to heavy presence of manufacturing base for swim suit and diving apparels coupled with surfboard. The key players in the surfboard market include BeachBeat Surfboards, Channel Islands Surfboards, Firewire Surfboards, GSI, Agit Global, BIC Sports, BruSurf, Greco Surf, Hydenshapes, Infinity Surfboards, Keeper Sports Products, Mt Woodgee Surfboards, NSP and Yuan Sports.

Market Segment:

Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Surfboard in these regions, from 2013 to 2025 (forecast), covering

• North America
• Europe
• China
• Japan
• Southeast Asia
• India

Global Surfboard market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including

• Quiksilver
• Hobie
• Rusty Surfboards
• Xanadu Surfboards
• Haydenshapes
• boardworks Surf
• Firewire Surfboards
• Surftech
• McTavish Surfboards
• Keeper Sports

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