According to IMARC Group’s latest report, titled “Surfboard Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global surfboard market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 6% during 2021-2026.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.
Request for a free sample copy of this report: https://www.imarcgroup.com/surfboard-market/requestsample
A surfboard is a light yet sturdy elongated platform that supports a surfer while riding ocean waves. Commonly made from materials like Styrofoam, balsa wood, polyurethane and fiberglass, it is available in the market in a vast array of shapes, sizes and designs. The increasing interest of individuals in surfing as a recreational as well as professional sports activity has propelled the demand for surfboards across the globe.
Market Trends and Drivers:
The surfboard market is primarily driven by the escalating number of surfing competitions and the growing trend of surf tourism. Along with this, the launch of electric surfboards is anticipated to provide an impetus to the market growth. These variants allow surfers to enjoy surfing in the absence of waves due to the electrically propelled design and the superior torque offered by them, thereby ultimately enhancing the overall user experience. Moreover, numerous manufacturers are introducing sustainable surfboards made from eco-friendly materials, such as expanded polystyrene (EPS), that are extensively gaining prominence among the masses. The increasing integration of advanced technologies, including computer-aided design/computer-aided manufacturing (CAD/CAM) systems, with surfboards is acting as another major factor driving the market further toward growth.
Surfboard Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the surfboard market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Agit Global Inc
- Keeper Sports Products LLC
- Superbrand Surfboards
- Hobie Cat Company Inc.
- Brusurf LLC
- Rusty Surfboards Inc. (Vegas Enterprises Pty Ltd.)
- Beachbeat Surfboards
- Global Surf Industries
- Haydenshapes Surfboards
- Infinity Surfboards Incorporated
- Xanadu Surfdesigns
- Channel Islands Surfboards Inc. (The Burton Corporation)
Key Market Segmentation:
The report has segmented the global surfboard market on the basis of region, product type, material type, distribution channel and application.
Breakup by Product Type:
- Fish Boards
- Gun Boards
Breakup by Material Type:
- Balsa Wood
Breakup by Distribution Channel:
Breakup by Application:
Breakup by Region:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/surfboard-market
Key Highlights of the Report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Email: [email protected]
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800