Market Overview:
The global surfboard market grew at a CAGR of around 7% during 2014-2019. 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. However, owing to the sudden outbreak of the coronavirus diseases (COVID-19), governments of numerous countries have declared complete lockdowns and prohibited social gatherings. Consequently, water sports activities like surfing have been put on halt, but the industry is anticipated to grow once normalcy is regained. Looking forward, IMARC Group expects the global surfboard market to exhibit moderate growth during the next five years.
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 for growth at the global, regional and country level from 2020-2025. Our report has categorized the market based on product type, material type, distribution channel, application and region.
Breakup by Product Type:
- Shortboards
- Longboards
- Fish Boards
- Gun Boards
- Others
Breakup by Material Type:
- Polyurethane
- Balsa Wood
- Others
Breakup by Distribution Channel:
Breakup by Application:
- Recreational
- Professional
Breakup by Region:
- North America
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- 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 by 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 Users
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Professional Users
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 Surboards
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 Figures
Figure 1: Global: Surfboard Market: Major Drivers and Challenges
Figure 2: Global: Surfboard Market: Sales Value (in Billion US$), 2014-2019
Figure 3: Global: Surfboard Market: Breakup by Product Type (in %), 2019
Figure 4: Global: Surfboard Market: Breakup by Material Type (in %), 2019
Figure 5: Global: Surfboard Market: Breakup by Distribution Channel (in %), 2019
Figure 6: Global: Surfboard Market: Breakup by Application (in %), 2019
Figure 7: Global: Surfboard Market: Breakup by Region (in %), 2019
Figure 8: Global: Surfboard Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 9: Global: Surfboard (Shortboards) Market: Sales Value (in Million US$), 2014 & 2019
Figure 10: Global: Surfboard (Shortboards) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 11: Global: Surfboard (Longboards) Market: Sales Value (in Million US$), 2014 & 2019
Figure 12: Global: Surfboard (Longboards) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 13: Global: Surfboard (Fish Boards) Market: Sales Value (in Million US$), 2014 & 2019
Figure 14: Global: Surfboard (Fish Boards) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 15: Global: Surfboard (Gun Boards) Market: Sales Value (in Million US$), 2014 & 2019
Figure 16: Global: Surfboard (Gun Boards) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 17: Global: Surfboard (Other Product Types) Market: Sales Value (in Million US$), 2014 & 2019
Figure 18: Global: Surfboard (Other Product Types) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 19: Global: Surfboard (Polyurethane) Market: Sales Value (in Million US$), 2014 & 2019
Figure 20: Global: Surfboard (Polyurethane) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 21: Global: Surfboard (Balsa Wood) Market: Sales Value (in Million US$), 2014 & 2019
Figure 22: Global: Surfboard (Balsa Wood) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 23: Global: Surfboard (Other Material Types) Market: Sales Value (in Million US$), 2014 & 2019
Figure 24: Global: Surfboard (Other Material Types) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 25: Global: Surfboard (Online) Market: Sales Value (in Million US$), 2014 & 2019
Figure 26: Global: Surfboard (Online) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 27: Global: Surfboard (Offline) Market: Sales Value (in Million US$), 2014 & 2019
Figure 28: Global: Surfboard (Offline) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 29: Global: Surfboard (Recreational Applications) Market: Sales Value (in Million US$), 2014 & 2019
Figure 30: Global: Surfboard (Recreational Applications) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 31: Global: Surfboard (Professional Applications) Market: Sales Value (in Million US$), 2014 & 2019
Figure 32: Global: Surfboard (Professional Applications) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 33: North America: Surfboard Market: Sales Value (in Million US$), 2014 & 2019
Figure 34: North America: Surfboard Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 35: United States: Surfboard Market: Sales Value (in Million US$), 2014 & 2019
Figure 36: United States: Surfboard Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 37: Canada: Surfboard Market: Sales Value (in Million US$), 2014 & 2019
Figure 38: Canada: Surfboard Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 39: Asia Pacific: Surfboard Market: Sales Value (in Million US$), 2014 & 2019
Figure 40: Asia Pacific: Surfboard Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 41: China: Surfboard Market: Sales Value (in Million US$), 2014 & 2019
Figure 42: China: Surfboard Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 43: Japan: Surfboard Market: Sales Value (in Million US$), 2014 & 2019
Figure 44: Japan: Surfboard Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 45: India: Surfboard Market: Sales Value (in Million US$), 2014 & 2019
Figure 46: India: Surfboard Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 47: South Korea: Surfboard Market: Sales Value (in Million US$), 2014 & 2019
Figure 48: South Korea: Surfboard Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 49: Australia: Surfboard Market: Sales Value (in Million US$), 2014 & 2019
Figure 50: Australia: Surfboard Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 51: Indonesia: Surfboard Market: Sales Value (in Million US$), 2014 & 2019
Figure 52: Indonesia: Surfboard Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 53: Others: Surfboard Market: Sales Value (in Million US$), 2014 & 2019
Figure 54: Others: Surfboard Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 55: Europe: Surfboard Market: Sales Value (in Million US$), 2014 & 2019
Figure 56: Europe: Surfboard Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 57: Germany: Surfboard Market: Sales Value (in Million US$), 2014 & 2019
Figure 58: Germany: Surfboard Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 59: France: Surfboard Market: Sales Value (in Million US$), 2014 & 2019
Figure 60: France: Surfboard Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 61: United Kingdom: Surfboard Market: Sales Value (in Million US$), 2014 & 2019
Figure 62: United Kingdom: Surfboard Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 63: Italy: Surfboard Market: Sales Value (in Million US$), 2014 & 2019
Figure 64: Italy: Surfboard Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 65: Spain: Surfboard Market: Sales Value (in Million US$), 2014 & 2019
Figure 66: Spain: Surfboard Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 67: Russia: Surfboard Market: Sales Value (in Million US$), 2014 & 2019
Figure 68: Russia: Surfboard Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 69: Others: Surfboard Market: Sales Value (in Million US$), 2014 & 2019
Figure 70: Others: Surfboard Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 71: Latin America: Surfboard Market: Sales Value (in Million US$), 2014 & 2019
Figure 72: Latin America: Surfboard Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 73: Brazil: Surfboard Market: Sales Value (in Million US$), 2014 & 2019
Figure 74: Brazil: Surfboard Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 75: Mexico: Surfboard Market: Sales Value (in Million US$), 2014 & 2019
Figure 76: Mexico: Surfboard Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 77: Others: Surfboard Market: Sales Value (in Million US$), 2014 & 2019
Figure 78: Others: Surfboard Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 79: Middle East and Africa: Surfboard Market: Sales Value (in Million US$), 2014 & 2019
Figure 80: Middle East and Africa: Surfboard Market Forecast: Sales Value (in Million US$), 2020-2025
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
List of Tables
Table 1: Global: Surfboard Market: Key Industry Highlights, 2019 and 2025
Table 2: Global: Surfboard Market Forecast: Breakup by Product Type (in Million US$), 2020-2025
Table 3: Global: Surfboard Market Forecast: Breakup by Material Type (in Million US$), 2020-2025
Table 4: Global: Surfboard Market Forecast: Breakup by Distribution Channel (in Million US$), 2020-2025
Table 5: Global: Surfboard Market Forecast: Breakup by Application (in Million US$), 2020-2025
Table 6: Global: Surfboard Market Forecast: Breakup by Region (in Million US$), 2020-2025
Table 7: Global: Surfboard Market Structure
Table 8: Global: Surfboard Market: Key Players