Global Surfing Market Report 2023-2030: From Swell to Sustainability - How Surfing Is Riding the Eco-Friendly Wave

Dublin, Sept. 29, 2023 (GLOBE NEWSWIRE) -- The "Surfing: Global Strategic Business Report" report has been added to's offering.

Dive into the world of the global surfing industry with our comprehensive market research report, offering a glimpse into the trends, challenges, and opportunities poised to shape the future of this dynamic sector. The market is set to expand to an estimated size of $5.5 billion by 2030, up from approximately $4.1 billion in 2022.

Embrace Informed Decision-Making: Insights on Surfing Boards Segment and Key Geographies

Gain a proactive edge by accessing critical insights on the Surfing Boards segment, projected to achieve a robust 4.1% Compound Annual Growth Rate (CAGR) and reach an estimated $3.9 billion by the end of the analysis period. This report also offers fresh perspectives on key geographies, including the U.S., Asia-Pacific, Japan, and Europe, featuring their growth rates and projected market sizes. With an in-depth analysis of 173 selected competitors, this report is an indispensable resource for both established businesses and startups in the surfing industry.

Global Surfing Market Outlook: $5.5 Billion by 2030

The global surfing market, valued at approximately $4.1 billion in 2022, is poised to achieve substantial growth, reaching an estimated $5.5 billion by 2030, boasting a 4.0% Compound Annual Growth Rate (CAGR) during the analysis period from 2022 to 2030. A highlight of this market is the Surfing Boards segment, projected to record a robust 4.1% CAGR, ultimately reaching $3.9 billion. With ongoing post-pandemic recovery in mind, the Apparel & Accessories segment's growth is recalibrated to a 3.6% CAGR for the next eight years.

Key Regional Insights: U.S. and Asia-Pacific Lead the Way

  • The U.S. surfing market is estimated at $1.8 billion in 2022.
  • Asia-Pacific is forecasted to reach a projected market size of $2.4 billion by 2030, with a CAGR of 4.0% from 2022 to 2030.
  • Other noteworthy geographic markets include Japan and Europe, expected to grow at rates of 2.9% and 3.6%, respectively, during the 2022-2030 period.
  • Within Europe, Germany is forecasted to achieve a CAGR of approximately 3.9%.

Comprehensive Market Scope

This comprehensive market analysis delves deep into the global surfing industry, examining key regions such as the USA, Japan, Europe, Asia-Pacific, and the Rest of the World. It provides insights into annual sales figures in US$ Thousand and percentage growth rates (CAGR) spanning from 2014 to 2030. The report covers historical sales data from 2014 to 2021, future projections from 2022 to 2030, and a 16-year perspective, focusing on pivotal years like 2014, 2023, and 2030. Subcategories within the surfing market, including surfing boards and apparel & accessories, are dissected, alongside distribution channels, encompassing offline and online sales. This comprehensive examination equips industry stakeholders with valuable insights to inform strategic decision-making in the dynamic global surfing market.

Market Overview

  • Examination of the impact of the COVID-19 pandemic and the looming global recession.
  • Insights into world economic growth projections (Real GDP, Annual % Change) from 2020 through 2023.
  • Exploration of the surge in surfing popularity post-lifting of restrictions.
  • Evaluation of competition, popular surfboards worldwide, and strategies adopted by vendors in the surfing equipment market.
  • Identification of key market drivers, including demographic factors, technological innovations, and sustainability practices.
  • Exploration of the rising interest in adaptive surfing, surfing therapy, and the influence of artificial wave pools on the surfing market.
  • Examination of the role of surf tourism and its dynamics.
  • Insights into the impact of the entertainment industry and media on promoting surfing culture.
  • Examination of the sales trends through online channels and key market issues facing the surfing industry.

Notable Competitors (Total 173 Featured)

  • Adidas AG
  • Billabong International Ltd.
  • Aropec Sports Corporation
  • Alpinestars SpA
  • Beachbeat Surfboards
  • AJW Surfboards
  • Balance Designs, Inc. (Vew-Do Balance Boards)
  • Bear Industries Srl
  • Almond Surfboards
  • AIPA Surf Company
  • Album Surfboards
  • Basque Country Surf Company S.L.
  • Bing Surfboards
  • Black Rose Mfg. LLC
  • Between the Flags

Market Trends & Drivers

  • Exploration of how demographic factors influence the sales of surf gear and surfwear.
  • Insights into the global participation in surfing, highlighting the rise of women and girls as a new wave of surfers.
  • Evaluation of innovations in surfboard designs and materials, including sustainability practices and technology advancements.
  • Examination of the growing popularity of adaptive surfing and its therapeutic potential.
  • Insights into the influence of entertainment and media on the surfing culture.
  • Exploration of the rise in online sales channels and the shift towards sustainable practices.
  • Insights into the impact of COVID-19 on the tourism industry and surf tourism.
  • Examination of the role of technology in shaping the surfing market.
  • Insights into sustainability practices and the adoption of eco-friendly materials.
  • Exploration of the influence of the entertainment industry and media on promoting surfing culture.
  • Insights into the impact of the entertainment industry and media on promoting surfing culture.
  • Exploration of the impact of the entertainment industry and media on promoting surfing culture.

Stay informed and gain an edge in the competitive global surfing industry with this in-depth market research report. The future of surfing is here, and you can be a part of it.

Key Attributes:

Report AttributeDetails
No. of Pages387
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$4.1 Billion
Forecasted Market Value (USD) by 2030$5.5 Billion
Compound Annual Growth Rate3.7%
Regions CoveredGlobal

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