Product Code: IRTNTR40646
The surfboard market is forecasted to grow by USD 4806 mn during 2023-2028, accelerating at a CAGR of 9.2% during the forecast period. The report on the surfboard market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising educational surfing courses, increasing popularity of adaptive surfing, and introduction of surfing contests.
Technavio's surfboard market is segmented as below:
Market Scope |
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 7.78% |
CAGR | 9.2% |
Incremental Value | $4806mn |
By Product
- Shortboards
- Longboards
- Others
By End-user
- Recreational users
- Professional users
By Distribution Channel
- Specialty stores
- Hypermarkets and supermarkets
- Online retail
- Others
By Geography
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the continuous evolution in designs of surfboards as one of the prime reasons driving the surfboard market growth during the next few years. Also, rising women participation in water sports activities and shifting consumer preference to recreational outdoor fitness activities will lead to sizable demand in the market.
The report on the surfboard market covers the following areas:
- Surfboard market sizing
- Surfboard market forecast
- Surfboard market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading surfboard market vendors that include Agit Global Inc., Beachbeat Surfboards, Catch Surfboard Co LLC, Channel Island Surfboards, Classic Malibu Pty Ltd., Derek Girven Surfboards, Firewire Surfboards LLC, Graham Smith Surfboards, Haydenshapes Pty Ltd., Hurricane Surf SARL, Hutchison Handcrafted Surfboards, Mami Wata, Matt Adams Surfboards, Ride Awake AB, Roland Surfboards, Rusty Surfboards Inc., Safari Surfboards, Shred and Speed Mfg., Tahe Kayaks OU, and WaveShark Ltd.. Also, the surfboard market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Market Segmentation by Distribution Channel
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 2.2 Market characteristics
- Market characteristics analysis
- 2.3 Value chain analysis
3 Market Sizing
- 3.1 Market definition
- Offerings of companies included in the market definition
- 3.2 Market segment analysis
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global Surfboard Market 2018 - 2022
- Historic Market Size - Data Table on Global Surfboard Market 2018 - 2022 ($ million)
- 4.2 Product segment analysis 2018 - 2022
- Historic Market Size - Product Segment 2018 - 2022 ($ million)
- 4.3 End-user segment analysis 2018 - 2022
- Historic Market Size - End-user Segment 2018 - 2022 ($ million)
- 4.4 Distribution Channel segment analysis 2018 - 2022
- Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ million)
- 4.5 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
- 4.6 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Product
- 6.1 Market segments
- Chart on Product - Market share 2023-2028 (%)
- Data Table on Product - Market share 2023-2028 (%)
- 6.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
- 6.3 Shortboards - Market size and forecast 2023-2028
- Chart on Shortboards - Market size and forecast 2023-2028 ($ million)
- Data Table on Shortboards - Market size and forecast 2023-2028 ($ million)
- Chart on Shortboards - Year-over-year growth 2023-2028 (%)
- Data Table on Shortboards - Year-over-year growth 2023-2028 (%)
- 6.4 Longboards - Market size and forecast 2023-2028
- Chart on Longboards - Market size and forecast 2023-2028 ($ million)
- Data Table on Longboards - Market size and forecast 2023-2028 ($ million)
- Chart on Longboards - Year-over-year growth 2023-2028 (%)
- Data Table on Longboards - Year-over-year growth 2023-2028 (%)
- 6.5 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
- 6.6 Market opportunity by Product
- Market opportunity by Product ($ million)
- Data Table on Market opportunity by Product ($ million)
7 Market Segmentation by End-user
- 7.1 Market segments
- Chart on End-user - Market share 2023-2028 (%)
- Data Table on End-user - Market share 2023-2028 (%)
- 7.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
- 7.3 Recreational users - Market size and forecast 2023-2028
- Chart on Recreational users - Market size and forecast 2023-2028 ($ million)
- Data Table on Recreational users - Market size and forecast 2023-2028 ($ million)
- Chart on Recreational users - Year-over-year growth 2023-2028 (%)
- Data Table on Recreational users - Year-over-year growth 2023-2028 (%)
- 7.4 Professional users - Market size and forecast 2023-2028
- Chart on Professional users - Market size and forecast 2023-2028 ($ million)
- Data Table on Professional users - Market size and forecast 2023-2028 ($ million)
- Chart on Professional users - Year-over-year growth 2023-2028 (%)
- Data Table on Professional users - Year-over-year growth 2023-2028 (%)
- 7.5 Market opportunity by End-user
- Market opportunity by End-user ($ million)
- Data Table on Market opportunity by End-user ($ million)
8 Market Segmentation by Distribution Channel
- 8.1 Market segments
- Chart on Distribution Channel - Market share 2023-2028 (%)
- Data Table on Distribution Channel - Market share 2023-2028 (%)
- 8.2 Comparison by Distribution Channel
- Chart on Comparison by Distribution Channel
- Data Table on Comparison by Distribution Channel
- 8.3 Specialty stores - Market size and forecast 2023-2028
- Chart on Specialty stores - Market size and forecast 2023-2028 ($ million)
- Data Table on Specialty stores - Market size and forecast 2023-2028 ($ million)
- Chart on Specialty stores - Year-over-year growth 2023-2028 (%)
- Data Table on Specialty stores - Year-over-year growth 2023-2028 (%)
- 8.4 Hypermarkets and supermarkets - Market size and forecast 2023-2028
- Chart on Hypermarkets and supermarkets - Market size and forecast 2023-2028 ($ million)
- Data Table on Hypermarkets and supermarkets - Market size and forecast 2023-2028 ($ million)
- Chart on Hypermarkets and supermarkets - Year-over-year growth 2023-2028 (%)
- Data Table on Hypermarkets and supermarkets - Year-over-year growth 2023-2028 (%)
- 8.5 Online retail - Market size and forecast 2023-2028
- Chart on Online retail - Market size and forecast 2023-2028 ($ million)
- Data Table on Online retail - Market size and forecast 2023-2028 ($ million)
- Chart on Online retail - Year-over-year growth 2023-2028 (%)
- Data Table on Online retail - Year-over-year growth 2023-2028 (%)
- 8.6 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
- 8.7 Market opportunity by Distribution Channel
- Market opportunity by Distribution Channel ($ million)
- Data Table on Market opportunity by Distribution Channel ($ million)
9 Customer Landscape
- 9.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
10 Geographic Landscape
- 10.1 Geographic segmentation
- Chart on Market share by geography 2023-2028 (%)
- Data Table on Market share by geography 2023-2028 (%)
- 10.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 10.3 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
- 10.4 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 10.5 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 10.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
- 10.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 10.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
- 10.9 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 10.10 France - Market size and forecast 2023-2028
- Chart on France - Market size and forecast 2023-2028 ($ million)
- Data Table on France - Market size and forecast 2023-2028 ($ million)
- Chart on France - Year-over-year growth 2023-2028 (%)
- Data Table on France - Year-over-year growth 2023-2028 (%)
- 10.11 The Netherlands - Market size and forecast 2023-2028
- Chart on The Netherlands - Market size and forecast 2023-2028 ($ million)
- Data Table on The Netherlands - Market size and forecast 2023-2028 ($ million)
- Chart on The Netherlands - Year-over-year growth 2023-2028 (%)
- Data Table on The Netherlands - Year-over-year growth 2023-2028 (%)
- 10.12 Australia - Market size and forecast 2023-2028
- Chart on Australia - Market size and forecast 2023-2028 ($ million)
- Data Table on Australia - Market size and forecast 2023-2028 ($ million)
- Chart on Australia - Year-over-year growth 2023-2028 (%)
- Data Table on Australia - Year-over-year growth 2023-2028 (%)
- 10.13 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)
11 Drivers, Challenges, and Opportunity/Restraints
- 11.1 Market drivers
- 11.2 Market challenges
- 11.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
- 11.4 Market opportunities/restraints
12 Competitive Landscape
- 12.1 Overview
- 12.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 12.3 Landscape disruption
- Overview on factors of disruption
- 12.4 Industry risks
- Impact of key risks on business
13 Competitive Analysis
- 13.1 Companies profiled
- 13.2 Market positioning of companies
- Matrix on companies position and classification
- 13.3 Agit Global Inc.
- Agit Global Inc. - Overview
- Agit Global Inc. - Product / Service
- Agit Global Inc. - Key offerings
- 13.4 Catch Surfboard Co LLC
- Catch Surfboard Co LLC - Overview
- Catch Surfboard Co LLC - Product / Service
- Catch Surfboard Co LLC - Key offerings
- 13.5 Channel Island Surfboards
- Channel Island Surfboards - Overview
- Channel Island Surfboards - Product / Service
- Channel Island Surfboards - Key offerings
- 13.6 Classic Malibu Pty Ltd.
- Classic Malibu Pty Ltd. - Overview
- Classic Malibu Pty Ltd. - Product / Service
- Classic Malibu Pty Ltd. - Key offerings
- 13.7 Derek Girven Surfboards
- Derek Girven Surfboards - Overview
- Derek Girven Surfboards - Product / Service
- Derek Girven Surfboards - Key offerings
- 13.8 Firewire Surfboards LLC
- Firewire Surfboards LLC - Overview
- Firewire Surfboards LLC - Product / Service
- Firewire Surfboards LLC - Key offerings
- 13.9 Graham Smith Surfboards
- Graham Smith Surfboards - Overview
- Graham Smith Surfboards - Product / Service
- Graham Smith Surfboards - Key offerings
- 13.10 Haydenshapes Pty Ltd.
- Haydenshapes Pty Ltd. - Overview
- Haydenshapes Pty Ltd. - Product / Service
- Haydenshapes Pty Ltd. - Key offerings
- 13.11 Hutchison Handcrafted Surfboards
- Hutchison Handcrafted Surfboards - Overview
- Hutchison Handcrafted Surfboards - Product / Service
- Hutchison Handcrafted Surfboards - Key offerings
- 13.12 Mami Wata
- Mami Wata - Overview
- Mami Wata - Product / Service
- Mami Wata - Key offerings
- 13.13 Ride Awake AB
- Ride Awake AB - Overview
- Ride Awake AB - Product / Service
- Ride Awake AB - Key offerings
- 13.14 Roland Surfboards
- Roland Surfboards - Overview
- Roland Surfboards - Product / Service
- Roland Surfboards - Key offerings
- 13.15 Safari Surfboards
- Safari Surfboards - Overview
- Safari Surfboards - Product / Service
- Safari Surfboards - Key offerings
- 13.16 Tahe Kayaks OU
- Tahe Kayaks OU - Overview
- Tahe Kayaks OU - Product / Service
- Tahe Kayaks OU - Key offerings
- 13.17 WaveShark Ltd.
- WaveShark Ltd. - Overview
- WaveShark Ltd. - Product / Service
- WaveShark Ltd. - Key offerings
14 Appendix
- 14.1 Scope of the report
- 14.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 14.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 14.4 Research methodology
- 14.5 Data procurement
- 14.6 Data validation
- 14.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 14.8 Data synthesis
- 14.9 market analysis
- 14.10 List of abbreviations