Surfboard Market Opportunity Assessment, Challenges, Key Vendor Analysis, Size, Share by 2022
Surfboard
Market is expected to gain a positive traction in the forthcoming
period. Sea surfing is a leisure activity for most. It offers many benefits
from psychological and physical aspects and thus surfboards enable a relishing
experience for users. Surfboard shapes must be compared before using and there
is no easy way to bank upon how fast a surfboard can slide along the wave or
how fast it can turn. It can be only precise, when it is compared with other
surfboards.
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Driving factors responsible
for the growth of surfboard industry include favorable opportunities with the
rise in participation of women in surfing and surf-wear market along with rise
in popularity of surfing as a water adventure sport and leisure activity.
Moreover, incorporation of surf parks coupled with artificial wave technology
is conducive for growth of surfboard market. Additionally, the shift from
conventional swim suit to eco-friendly alternatives have also added to the
market growth as a driving factor and computer-aided designs have also resulted
in augmenting the sales of customized surfboards in western countries.
Segmentation for surfboard market based on type includes amateur and
professional. Based on segmentation by end-user for market includes teenagers
and adults.
Geographically, surfboard
market spans North America, Latin America, Europe, Asia-Pacific, Middle-East
and Africa. North America and Europe market dominate the global scenario owing
to rise in disposable income and preference for beach and water parks as a
leisure activity by audience contributes acts as a market driving factor. APAC
and MEA market is also expected to gain a prominent growth in the forthcoming
period owing to heavy presence of manufacturing base for swim suit and diving
apparels coupled with surfboard. The key players in the surfboard market
include BeachBeat Surfboards, Channel Islands Surfboards, Firewire Surfboards,
GSI, Agit Global, BIC Sports, BruSurf, Greco Surf, Hydenshapes, Infinity
Surfboards, Keeper Sports Products, Mt Woodgee Surfboards, NSP and Yuan Sports.
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