The Surfboard market is expected to grow at a CAGR of 5% during the forecast period 2017–2022
Surfboard Market – Report Insights
Surfboard demand is gaining momentum as surfing is becoming a popular sport across the globe. Over the past decade, the sport has gained popularity as an outdoor recreational sport activity in many coastal regions. The participation in surfing has increased over the period which has increased the potential market for retail industries that manufacture surf related equipment and accessories.
Scope of the Report
The report, “Global Surfboard Market – Strategic Assessment and Forecast 2017–2022†considers the present scenario of the surfboard market and its strategic assessment for the period 2017–2022. It also includes a detailed study of growth drivers, trends, and restraints. Lastly, it studies the competitive landscape and includes the leading five vendors in the surfboard market.
The report provides the analysis of the key segments of the surfboard market by type/product, geography, country, and vendors. It provides a detailed analysis of market size and forecast in terms of the following:
• Revenue
• Shipment
By Type
• Shortboard
• Longboard
• SUP board
• Hybrid board
By Geography
• APAC
• Europe
• Latin America
• MEA
• North America
By Country
• Australia
• Canada
• Indonesia
• Israel
• Peru Brazil
• Portugal
• South Africa
• Spain
• UK
• US
Surfboard Market – Market Size and Dynamics
Surfing destinations have been popularized by various magazines, television, the internet, and other media, which have driven the growth of surf tourism. Vendors advertise the latest surf products with new and improved features. Advertisements in magazines raise awareness about new surfboard in the market and encourage surfers to repurchase surfboard. This boosts the sale of surfboards in the market. Analysts at Beige Market Intelligence expects that the global surfboard market is likely to grow at an impressive CAGR more than 5%.
Additionally, surf schools have a critical role to play in encouraging new surfers. Analysts at Beige Market Intelligence expect that the increase in the number of surf schools across the globe will drive the sale of surfboard.
Shortboards are lightweight, and they have a lower life span than other surf boards and have a large repurchase cycle. The shortboard segment contributes a major chunk of revenue toward the global surfboard market. The sale of shortboard is expected to cross 280 thousand units by 2022. Longboards are the preferred choice of beginners. SUP stands for “standup paddle boarding†and is one of the fastest growing water sports. Increasing popularity of SUP is expected to drive the demand for SUP boards during the forecast period.
Surfboard Market – Trends, Drivers, and Challenges
Increased participation in surf and introduction of surf parks are among the major factors that are driving the global surfboard market. The report outlines the latest trends and factors that are expected to drive the market during the forecast period. Increased number of female participants, introduction of advanced surfboard designs, and rise in combined surf and wellness school are among the emerging trends that are expected to drive the market. The report also provides a detailed study of expected challenges to the market. It also provides the Porter’s five forces analysis along with a description of each force and its impact on the market.
Surfboard Market – Geographical Analysis
The report includes the market analysis of different regions such as APAC, Europe, Latin America, MEA, and North America. It outlines the major market shareholders and analyzes the market size of all the leading regions. North America dominates the surf tourism industry with majority of sales coming from the US in the region. Also, surf tourism is gaining popularity in countries such as APAC, MEA, and the market is expected to achieve the fastest growth in these regions during the forecast period. In Europe, the UK was the largest market for surf tourism equipment.
Surfboard Market – Key Vendors and Market Share
The market is highly competitive as many local and international players are competing to gain the market share. The report profiles all major companies in the global surfboard market and also provides the competitive landscape and market shares of key players. It covers the entire market outlook regarding the value chain operating within the market.
Major Vendors are as following:
• Channel Islands
• Global Surf Industries (GSI)
• Firewire Surfboards
• Boardriders Inc./ Quicksilver Inc.
• Rip Curl
Other vendors include Agit Global, AJW, BIC Sports, BruSurf, Billabong, Byrne Surf, Canvas, DHD Surf, Greco Surf, Hydenshapes, Infinity, Keeper Sports Products, LOST, Mt Woodgee, NSP, Robert August Surf Company, Surftech, SUPERbrand, and Yuan Sports.
Why should you buy the report?
The report provides answers to the following questions related to the global surfboard market.
1. What are the current changes witnessed by the market and how are they likely to impact the market landscape in the coming years?
2. What are the various factors that can affect the market over the next few years?
3. What are the major emerging trends and challenges for the market over the next five years?
4. What is the market size and market forecast for each product segment?
5. What is the market size and market forecast for each end-user type?
6. Which region is expected to have the highest market share and what are the factors driving the market growth in that region?
7. What is the sale growth rate in key geographies?
8. Which are the key countries in terms of market size and market forecast?
9. Which are the key vendors in the market?
10. What are the key strategies implemented by the leading vendors to increase growth opportunities
11. Which are the key emerging vendors in the market?
Contents
Section 1 Research Methodology
Section 2 Executive Summary
Section 3 Report Coverage
3.1 Report Assumption
3.2 Market Derivation
Section 4 Market Landscape
4.1 Adventure Tourism
4.1.1 Overview
4.2 Surf Tourism
Section 5 Key Market Trends
5.1 Increased Participation of Women Surfers
5.2 Advanced Surfboard Designs
5.3 Rise of Surf and Wellness Schools
5.4 Impact of Market Trends on Geography in 2016
Section 6 Key Market Growth Drivers
6.1 Growth in Surfing Participation and Surf Tourism
6.2 Increase in Adapted Surfing
6.3 Introduction of Surfing Parks
6.4 Impact of Market Drivers on Geography in 2016
Section 7 Key Market Challenges
7.1 Threat to Nature
7.2 DIY Surfboards and Rental Systems
7.3 Unfavorable Weather Conditions
7.4 Impact of Market Challenges on Geography in 2016
Section 8 Global Surfboard Market
8.1 Market Size and Forecast
Section 9 Product Segmentation
Section 10 Global Shortboard Market
10.1 Market Size and Forecast
Section 11 Global Longboard Market
11.1 Market Size and Forecast
Section 12 Global SUP Board Market
12.1 Market Size and Forecast
Section 13 Global Hybrid Board Market
13.1 Market Size and Forecast
Section 14 Geographical Segmentation
Section 15 Surfboard Market in North America
15.1 Market Size and Forecast
15.2 Key Countries
15.2.1 US: Market Size and Forecast
15.2.2 Canada: Market Size and Forecast
Section 16 Surfboard Market in Europe
16.1 Market Size and Forecast
16.2 Key Countries
16.2.1 UK: Market Size and Forecast
16.2.2 Portugal: Market Size and Forecast
16.2.3 Spain: Market Size and Forecast
Section 17 Surfboard Market in APAC
17.1 Market Size and Forecast
17.2 Key Countries
17.2.1 Indonesia: Market Size and Forecast
17.2.2 Australia: Market Size and Forecast
Section 18 Surfboard Market in Latin America
18.1 Market Size and Forecast
18.2 Key Countries
18.2.1 Peru: Market Size and Analysis
18.2.2 Brazil: Market Size and Forecast
Section 19 Surfboard Market in MEA
19.1 Market Size and Forecast
19.2 Key Countries
19.2.1 South Africa: Market Size and Forecast
19.2.2 Israel: Market Size and Forecast
Section 20 Competitive Landscape
Section 21 Key Vendor Analysis
21.1 Channel Islands Surfboards
21.1.1 Overview
21.1.2 Products Offered
21.1.3 Strength
21.1.4 Strategy
21.2 GSI
21.2.1 Overview
21.2.2 Products Offered
21.2.3 Strength
21.2.4 Strategy
21.3 Firewire Surfboards
21.3.1 Overview
21.3.2 Products offered
21.3.3 Strength
21.3.4 Strategy
21.4 Boardriders Inc. (Previously known as Quicksilver Inc.)
21.4.1 Overview
21.4.2 Strength
21.4.3 Strategy
21.5 Rip Curl
21.5.1 Overview
21.5.2 Products Offered
21.5.3 Strength
21.5.4 Strategy
Section 22 Other Vendors with Prominent Presence in Market
22.1 Agit Global
22.2 AJW Surfboards
22.3 BIC Sports
22.4 BruSurf
22.5 Billabong International
22.6 Byrne Surf
22.7 Canvas Surfboards
22.8 DHD Surf - Performance Surfboards
22.9 Firewire Surfboards LLC
22.10 Greco Surf
22.11 Haydenshapes
22.12 Infinity Surfboards
22.13 Keeper Sports Products
22.14 LOST Surfboards
22.15 Mt Woodgee Surfboards
22.16 NSP
22.17 Robert August Surf Company
22.18 Surftech Surfboards
22.19 Superbrand Surfboards and Apparel
22.20 Yuan Sports
Section 23 Appendix
Section 24 Summary of Figures
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EXHIBITS
Exhibit 1 Segmentation of Global Surfboard Market
Exhibit 2 Market Size Calculation 2016
Exhibit 3 Arrival of International Tourists by Region Between 2015 and 2016
Exhibit 4 GDP Growth Rate in Different Regions 2015
Exhibit 5 Leading Ten Global Countries with Increased Adventure Tourism 2016
Exhibit 6 Average Trip Spend by Hard Adventurer 2012–2016
Exhibit 7 Average Trip Spend by Soft Adventurer 2012–2016
Exhibit 8 Arrival of International Tourists at Leading Surfing destinations 2010–2015 (thousand)
Exhibit 9 International Tourism Expenditures 2009–2014 ($ billion)
Exhibit 10 Global Surfboard Market 2016–2022 ($ million)
Exhibit 11 Surfboard by Type and Market Size 2016 & 2022
Exhibit 12 Global Popular Destinations for Shortboard Surfing
Exhibit 13 Global Shortboard Market 2016–2022 ($ millions)
Exhibit 14 Global Shortboard Market 2016–2022 (thousands of units)
Exhibit 15 Global Popular Longboard Surfing Destinations
Exhibit 16 Global Longboard Market by Material Type 2016 ( %)
Exhibit 17 Global Longboard Market 2016–2022 ($ millions)
Exhibit 18 Global Longboard Market 2016–2022 (thousands of units)
Exhibit 19 Number of Participants in SUPs in US 2010–2015 (000’)
Exhibit 20 Popular SUP Destinations
Exhibit 21 Global SUP Market 2016–2022 ($ millions)
Exhibit 22 Global SUP Market 2016–2022 (thousands of units)
Exhibit 23 Use of Hybrid Surfboards in Popular Surfing Destinations
Exhibit 24 Global Hybrid Surfboard Market 2016–2022 ($ millions)
Exhibit 25 Global Hybrid Surfboard Market 2016–2022 (thousand units)
Exhibit 26 Global Surfboard Market by Geography 2016 & 2022
Exhibit 27 Surfing Participants in US 2006–2014
Exhibit 28 Surfboard Market in North America 2016–2022 ($ millions)
Exhibit 29 Surfboard Market in North America by Type 2016 (%)
Exhibit 30 Major Surfing Competitions in US
Exhibit 31 Sale of Surfing Equipment and Accessories in Different Stores in US 2016
Exhibit 32 Surfboard Market in US 2016–2022 ($ millions)
Exhibit 33 Surfing Statistics in US 2016
Exhibit 34 Surfboard Market in Canada 2016–2022 ($ millions)
Exhibit 35 Seasonal Surfing Participation in Europe 2016
Exhibit 36 Surfing Associations in Europe
Exhibit 37 Surfboard Market in Europe 2016–2022 ($ millions)
Exhibit 38 Share of Surfboard Market in Europe by Type 2016 (%)
Exhibit 39 Quarterly Changes in Visits to UK from Overseas Residents Q3 2011–Q4 2015 (%)
Exhibit 40 Surf Tourism in UK
Exhibit 41 Surfboard Market in UK 2016–2022 ($ millions)
Exhibit 42 Surfing Tourism in Portugal
Exhibit 43 Surfboard Market in Portugal 2016–2022 ($ millions)
Exhibit 44 Surf Tourism in Spain
Exhibit 45 Surfboard Market in Spain 2016–2022 ($ millions)
Exhibit 46 Arrival of International Tourists in Various Regions in APAC 1995–2015 (million)
Exhibit 47 Tourist Arrival in Leading Surf Destinations in APAC 2010–2015 (million)
Exhibit 48 Surfboard Market in APAC 2016–2022 ($ million)
Exhibit 49 Share of Surfboard Market by Type 2016 (%)
Exhibit 50 Surfboard Market in Australia 2016–2022 ($ millions)
Exhibit 51 Surfboard Market in Australia 2016–2022 ($ millions)
Exhibit 52 Surfboard Market in Latin America 2016–2022 ($ millions)
Exhibit 53 Share of Surfboard Market in Latin America by Type 2016 (%)
Exhibit 54 Surfboard Market in Peru 2016–2022 ($ millions)
Exhibit 55 Surfboard Market in Brazil 2016–2022 ($ millions)
Exhibit 56 Surfboard Market in MEA 2016–2022 ($ millions)
Exhibit 57 Share of Surfboard Market of MEA by Type 2016 (%)
Exhibit 58 Surfing Competitions in South Africa February-November
Exhibit 59 Surfboard Market in South Africa 2016–2022 ($ millions)
Exhibit 60 Surfboard Market in Israel 2016–2022 ($ millions)
Exhibit 61 Global Surfboard Market Share by Geography 2016-2022 ($ millions)
Exhibit 62 Global Surfboard Market Share by Geography 2016-2022 (%)
Exhibit 63 Global Surfboard Market Share by Product 2016-2022 ($ millions)
Exhibit 64 Global Surfboard Market Share by Product 2016-2022 (%)
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