Top 9 Companies Leading Through Innovation in the Global Surfing Equipment Market

Boardriders, Inc., NIKE, Inc., Rusty Surfboards, Inc., Firewire Surfboards, LLC, Agit Global, Inc, Cobra International Co., Ltd, Huizhou Xinyitong Sports Equipment Co. LTD, Tahe Outdoors, and Simon Anderson Surfboards, among others, are the key players in the global market for surfing equipment.

The global surfing equipment market size reached a value of USD 4.43 billion in 2022. The market is further expected to grow at a CAGR of 3.70% in the forecast period of 2023-2028, reaching a value of around USD 5.48 billion by 2028. As per the analysis by Expert Market Research, the market is expected to be driven by the increasing popularity of surfing as a hobby and a sport.

Surfers utilise equipment such as surfboards, wetsuits, fins, and accessories to make surfing more comfortable and safe. The popularity of surfing as a hobby is on the rise, and surfing is also growing as a competitive sport. Surfing equipment is designed to make it easier for people to manoeuvre their bodies against a moving wave. 

The demand for surfing equipment is rising as the interest in recreational activities and different surfing competitions rise. The surge in interest among adventure enthusiasts, particularly millennials, and the rise in demand for and sales of surfing equipment, such as gear, surfboards, accessories, and apparel, also have a positive impact on the market. The popularity of surfing as a sport is rising, which in turn is increasing the surfing equipment market share. The expanding global tourism industry is also increasing the popularity of surfing with tourists experimenting with surfing while on vacation. The development of surfing equipment is further being fuelled by an increase in vacation spending and private purchases of surfing equipment.

North America accounts for a significant share of the market for to the rising popularity of surfing among adventure seekers and the extensive beaches, making it a well-liked destination for surfing and other water sports. Nations like Canada and the United States are well-known tourist destinations for surfing and other water sports because of their long coastlines, widespread interest in leisure activities, and hosting of surfing championships.

Over the forecast period, the Asia Pacific surfing equipment market is anticipated to develop at a fast pace. The regional market is anticipated to be driven by the rising interest in surfing and other adventure sports among young people and adventure enthusiasts in nations like Maldives, Cambodia, Japan, Indonesia, Thailand, and Vietnam.

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Top 9 Global Surfing Equipment Companies:

Boardriders, Inc.

Boardriders, Inc., is a world leading action sports and lifestyle company which designs, produces, and sells branded apparel, accessories, and footwear for board riders all around the world. The company's products are sold in a variety of markets, including surf, skate, and snow shops, as well as its own Boardriders stores and other retail locations, some department stores, and e-commerce platforms. The clothes and footwear brands owned by the company symbolise a casual way of life for young people who are passionate about outdoor action sports. Brands owned by the company include Quiksilver, Billabong, Roxy, DC Shoes, RVCA, Element, VonZipper, Kustom, and Palmers.

NIKE, Inc.

One of the biggest athletic clothing brands in the world, Nike is best recognised for its footwear, apparel, and equipment. The company creates, produces, markets, and retails high-end footwear, clothing, accessories, equipment, and services. Although a significant portion of its sports footwear items are worn for casual or recreational activities, they are primarily created for specific athletic uses. Along with other sports and activities like baseball, cricket, golf, lacrosse, surfing, outdoor activities, volleyball, football, tennis, walking, and wrestling, it also markets products for children.

Rusty Surfboards, Inc.

Rusty Surfboards is a firm known for producing high-quality and performance-driven surfboards. One of the most recognisable logos in all of surfing is the R dot of the Rusty Surfboards brand. Among the top-grossing surf brands worldwide, Rusty offers a wide range of models for surfboards, including hand-crafted surfboards and ‘build a board’ where buyers can customise their own surfboards. The company produces superior surfboard hardware as well as highly sought-after apparel and accessories.

Firewire Surfboards, LLC

Firewire Surfboards was the first surfboard company in the world to use 100% EPS/Epoxy construction. The models offered by Firewire are diverse, ranging from shortboards to longboard cruisers. Among Firewire's specialties are shortboards, mid-length boards, longboards, kiteboards, accessories like fins, traction, leashes, and board bags, and clothing like t-shirts, fleece, and hats. Through cutting-edge manufacturing techniques, novel materials, and creative designs, the company is committed to improving the surfing experience.

Agit Global, Inc

With more than 25 years of experience in the water sports and snow product sectors, AGIT Global has consistently created innovative products with the potential to dominate their respective industries. The primary objective of the company is to provide a complete design and production facility for the creation of plastic and thermally moulded items. Sports equipment made of foam and plastic are its areas of expertise. The company develops high-quality products for several well-known companies and helps with product distribution on a global scale.

Cobra International Co., Ltd

Cobra International Co., Ltd. is a composites producer with a focus on the water sports industry. Leading the way in the production of top-notch composite products, Cobra is known for its high-end wind, SUP, kite, and surf boards. The company has broadened its portfolio to include a variety of goods and accessories for other leisure sports markets as well as the automotive, architectural, transport, maritime, and luxury accessories industries by using its technology and expertise in fibre-reinforced composites.

Huizhou Xinyitong Sports Equipment Co. LTD

Huizhou Xinyitong Sports Equipment Co. LTD. is a privately owned company that integrates research and development, design, manufacturing, and sales, with a specialisation in surfboards and surfboard accessories. The company produces surfboards in various sizes and styles, including PU, EPS, and PE surfboards and kiteboards to fulfil consumer and surfing enthusiast demand. With a transparent manufacturing process, the company offers paddle surfboards and race boards, as well as accessories such as paddles, bags, deck pads, leashes, and fins. 

Tahe Outdoors

Tahe Outdoors is a pioneering European water sports firm founded by competition paddlers which provides paddlers all over the world with cutting-edge products. Connected with over 1200 dealers across 90 countries, the company has a vast global footprint with 4 production facilities. company has developed into a major manufacturer and supplier of water sports equipment on a global scale. Tahe sells its products under 4 distinct brands, Core Kiteboarding, SIC, TAHE, and Zegul, with key product offerings comprising of kites, surfboards, control bars, wings, foils, accessories, protective gear, stand up paddle, kayaks, and windsurfing equipment.

Simon Anderson Surfboards

Simon Anderson Surfboards was founded by famous Australian competitive surfer Simon Anderson, who is also credited for the development of a new style of surfboard with three fins of equal sizes. The company specialises in surfboards, with a dedicated heritage series, new originals, and fins. Under its heritage series, the company creates variations of older surfboards that incorporate new design elements and functional elements that improve performance while maintaining the original style. Limited edition surfboards are also sold that are popular among collectors.