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Surfboard Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

August 2022 | 145 pages | ID: S6984EBC0CAAEN
IMARC Group

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The global surfboard market size reached US$ 2.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.6 Billion by 2027, exhibiting a growth rate (CAGR) of 5.11% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

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.

Global Surfboard Market Trends and Drivers:
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 2022-2027. 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?
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 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

LIST OF TABLES

Table 1: Global: Surfboard Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Surfboard Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 3: Global: Surfboard Market Forecast: Breakup by Material Type (in Million US$), 2022-2027
Table 4: Global: Surfboard Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 5: Global: Surfboard Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 6: Global: Surfboard Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Surfboard Market Structure
Table 8: Global: Surfboard Market: Key Players

LIST OF FIGURES

Figure 1: Global: Surfboard Market: Major Drivers and Challenges
Figure 2: Global: Surfboard Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Surfboard Market: Breakup by Product Type (in %), 2021
Figure 4: Global: Surfboard Market: Breakup by Material Type (in %), 2021
Figure 5: Global: Surfboard Market: Breakup by Distribution Channel (in %), 2021
Figure 6: Global: Surfboard Market: Breakup by Application (in %), 2021
Figure 7: Global: Surfboard Market: Breakup by Region (in %), 2021
Figure 8: Global: Surfboard Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 9: Global: Surfboard (Shortboards) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Surfboard (Shortboards) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Surfboard (Longboards) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Surfboard (Longboards) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Surfboard (Fish Boards) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Surfboard (Fish Boards) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Surfboard (Gun Boards) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Surfboard (Gun Boards) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Surfboard (Other Product Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Surfboard (Other Product Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Surfboard (Polyurethane) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Surfboard (Polyurethane) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Surfboard (Balsa Wood) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Surfboard (Balsa Wood) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Surfboard (Other Material Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Surfboard (Other Material Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Surfboard (Online) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Surfboard (Online) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Surfboard (Offline) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Surfboard (Offline) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Surfboard (Recreational Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Surfboard (Recreational Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Surfboard (Professional Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Surfboard (Professional Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: North America: Surfboard Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: North America: Surfboard Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: United States: Surfboard Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: United States: Surfboard Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Canada: Surfboard Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Canada: Surfboard Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Asia Pacific: Surfboard Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Asia Pacific: Surfboard Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: China: Surfboard Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: China: Surfboard Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Japan: Surfboard Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Japan: Surfboard Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: India: Surfboard Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: India: Surfboard Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: South Korea: Surfboard Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: South Korea: Surfboard Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Australia: Surfboard Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Australia: Surfboard Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Indonesia: Surfboard Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Indonesia: Surfboard Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Others: Surfboard Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Others: Surfboard Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Europe: Surfboard Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Europe: Surfboard Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Germany: Surfboard Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Germany: Surfboard Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: France: Surfboard Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: France: Surfboard Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: United Kingdom: Surfboard Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: United Kingdom: Surfboard Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Italy: Surfboard Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Italy: Surfboard Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Spain: Surfboard Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Spain: Surfboard Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Russia: Surfboard Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Russia: Surfboard Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Others: Surfboard Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Others: Surfboard Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Latin America: Surfboard Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Latin America: Surfboard Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Brazil: Surfboard Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Brazil: Surfboard Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Mexico: Surfboard Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Mexico: Surfboard Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Others: Surfboard Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Others: Surfboard Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Middle East and Africa: Surfboard Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Middle East and Africa: Surfboard Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Global: Surfboard Industry: SWOT Analysis
Figure 82: Global: Surfboard Industry: Value Chain Analysis
Figure 83: Global: Surfboard Industry: Porter’s Five Forces Analysis


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