Product Code: SR112024A2328
The global surfboard market size reached US$ 2.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 4.4 Billion by 2032, exhibiting a growth rate (CAGR) of 4.5% during 2024-2032.
A surfboard refers to a narrow and elongated platform on which a surfer stands or lies while riding ocean waves. Earlier, it was only made using wood but nowadays, it is also produced using a variety of materials, such as polyurethane, polyester, fiberglass and styrofoam. The rising interest in surfing as a recreational and competitive sport has led to heightened demand for surfboards. As a result, they are available in a variety of shapes and sizes, depending on the experience of the riders and the kind of waves they intend to surf.
Surfboard Market Trends:
The market has experienced significant growth on account of the growing trend of surf tourism. Apart from this, electric surfboards have been gaining widespread preference over conventional surfboards as they provide superior torque, high water propulsion and allow individuals to surf in the absence of waves. Moreover, the rising popularity of adaptive surfing among disabled people has provided lucrative opportunities for key manufacturers. They have also introduced sustainable surfboards that are made using eco-friendly materials and assist in reducing carbon footprint during manufacturing. Besides this, they have been utilizing advanced technologies, such as computer-aided design/computer-aided manufacturing (CAD/CAM) systems, to help individuals modify surfboards according to their specifications. Consequently, water sports activities like surfing have been put on halt, but the industry is anticipated to grow once normalcy is regained.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global surfboard market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on product type, material type, distribution channel and application.
Breakup by Product Type:
Shortboards
Longboards
Fish Boards
Gun Boards
Others
Breakup by Material Type:
Polyurethane
Balsa Wood
Others
Breakup by Distribution Channel:
Online
Offline
Breakup by Application:
Recreational
Professional
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Agit Global Inc., Beachbeat Surfboards, Brusurf LLC, Channel Islands Surfboards Inc. (The Burton Corporation), Global Surf Industries, Hobie Cat Company Inc., Haydenshapes Surfboards, Infinity Surfboards Incorporated, Keeper Sports Products LLC, Rusty Surfboards Inc. (Vegas Enterprises Pty Ltd.), Superbrand Surfboards and Xanadu Surfdesigns.
Key Questions Answered in This Report:
- How has the global surfboard market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global surfboard market?
- What are the key regional markets?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the material type?
- What is the breakup of the market based on the distribution channel?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global surfboard market and who are the key players?
- What is the degree of competition in the industry?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Surfboard Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product Type
- 6.1 Shortboards
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Longboards
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Fish Boards
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Gun Boards
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Others
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
7 Market Breakup by Material Type
- 7.1 Polyurethane
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Balsa Wood
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Others
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Distribution Channel
- 8.1 Online
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Offline
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Application
- 9.1 Recreational
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Professional
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.2 Asia Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Agit Global Inc.
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.2 Beachbeat Surfboards
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.3 Brusurf LLC
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.4 Channel Islands Surfboards Inc. (The Burton Corporation)
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.5 Global Surf Industries
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.6 Hobie Cat Company Inc.
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.7 Haydenshapes Surfboards
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.8 Infinity Surfboards Incorporated
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.9 Keeper Sports Products LLC
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.10 Rusty Surfboards Inc. (Vegas Enterprises Pty Ltd.)
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.11 Superbrand Surfboards
- 15.3.11.1 Company Overview
- 15.3.11.2 Product Portfolio
- 15.3.12 Xanadu Surfdesigns
- 15.3.12.1 Company Overview
- 15.3.12.2 Product Portfolio