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Surfing Equipment Market

Global Surfing Equipment Market Share, Analysis, Forecast: By Product: Surfboards, Apparel, Accessories, Others; By Distribution Channel: Online, Offline; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; 2024-2032

Global Surfing Equipment Market Outlook

The global surfing equipment market size reached a value of around USD 4.59 billion in 2023. The market is expected to grow at a CAGR of 3.6% between 2024 and 2032, reaching a value of around USD 6.34 billion by 2032.

 

Key Takeaways

Information
According to the SFIA report in 2023, surfing has been revealed to be the fastest-growing water sport.
Continuous innovations in materials and designs of surfboards by companies, such as epoxy resin, polyester, and even 100-percent carbon technology are aiding the market.
The world’s largest wave pool, spanning 51 million square meters, is built on Abu Dhabi's Hudayriyat Island.

 

Surfing is a type of surface water sport in which the individual uses a board to ride on incoming waves in an upright position, using the force of the tide for forward movement. Surfing equipment refers to the different accessories and items that are used during surfing and can include surfboards, wetsuits, and goggles. A popular hobby, surfing is also considered to be a sport. Surfing equipment is designed to promote the safety and comfort of surfers while helping them manoeuvre in the water.

 

Rising interest in water sports has significantly enhanced the surfing equipment market growth. Adventure enthusiasts and young individuals are surging the sales of surfing equipment, such as gear, surfboards, accessories, and apparel. The rising popularity of personalised equipment is aiding the market growth.

 

surfing equipment market

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Key Trends and Developments

Increasing emphasis on sustainability; surging utilisation of advanced materials; growing development of wave pools; and the increasing adoption of functional surf wear are positively impacting the market growth

 

Date Event
Oct 25th 2023 Quicksilver and Roxy launched an online rental service in France for affordable surfing, skiing, and snowboarding gear.
Apr 18th 2023 The World Surf League took place in Mamallapuram, Tamil Nadu. The Minister of Sports & Youth Welfare of Tamil Nadu allocated an approximate budget of USD 300,000 to support the event.
Sep 28th, 2023 Timmy Patterson and Surftechnicians launched their new line of four surfboards.
Jan 26th 2023 Nascar and Hurley announced their collaboration for the launch of a new collection of men’s and women’s beach and surf apparel.

 

 

Trend Description
Growing Preference for eco-friendly products Rising demand for sustainable surfing gear, including eco-friendly wetsuits and surfboards made from recycled materials, reflects a growing environmental consciousness among surfers.
Technological advancements and the development of advanced materials Advanced materials and technology in surfboards and wetsuits enhance performance and durability, attracting both professional surfers and enthusiasts seeking top-quality equipment.
Evolving surfing apparel trends There is a surge in the demand for stylish, functional surfing apparel that transitions seamlessly from beach to casual wear, driven by the sport’s growing lifestyle appeal.
Development of surf parks and wave pools The development of surf parks and wave pools is making surfing more accessible, driving the demand for surfing equipment in non-coastal areas.

 

Global Surfing Equipment Market Trends

The evolution of surf parks, featuring man-made wave pools, has significantly bolstered the market by democratising access to the sport beyond traditional coastal locales. Initially, the novelty of first-generation wave pools attracted attention, yet they fell short of providing the high-quality waves needed for genuine surfing experiences. However, recent advancements in wave-generation technology have revolutionised these facilities, offering consistent and surf-worthy waves that mimic ocean conditions.

 

The surge in popularity of surfing, not just as a sport but also as an activity that aids in mental well-being, is another major factor propelling the surfing equipment market expansion. Surfing transcends the conventional boundaries of sport, offering a holistic experience that significantly contributes to physical health, mental well-being, emotional balance, and even social connections.

 

surfing equipment market by segments

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Market Segmentation

“Global Surfing Equipment Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

 

Market Breakup Categories
Product Surfboards, Apparel, Accessories, Others
Distribution Channel Online, Offline
Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa

 

Surfboards are expected to dominate the surfing equipment market share in the coming years as they are essential in surfing activities

Surfboards are anticipated to account for a major portion of the market share as they are the core equipment of the sport. While essential, surfboards are high-involvement purchases with a longer decision-making process and a higher price point. Surfers typically buy surfboards less frequently than other products due to their durability and the specific needs of the surfer.

 

Apparel, on the other hand, includes a wide range of products, from functional items like wetsuits and rash guards to lifestyle clothing such as t-shirts, shorts, and swimwear. The broad appeal of surf apparel extends beyond active surfers to include individuals who identify with or aspire to the surf lifestyle. This category benefits from more frequent purchases due to fashion trends, seasonal changes, and the wear-and-tear of regular use.

 

Accessories in surfing include a variety of items such as leashes, fins, wax, board bags, and repair kits. While these products are essential for the sport, they typically have lower price points than surfboards and surfing apparel.

 

Offline distribution channels are preferred by consumers due to their accessibility and convenience

Speciality surf shops often include experienced surfers who can offer valuable advice, helping customers find the right equipment for their skill level and surfing conditions. Moreover, purchasing in-store allows customers to leave with the product immediately, which is particularly appealing for impulse buys or last-minute needs before heading to the beach.

 

Meanwhile, online channels cover a considerable portion of the market share as consumers often prefer the ability to buy products anytime, anywhere, without the need to visit a physical store. Despite these benefits, the online channel faces challenges in the surfing equipment market. Surfing gear, especially surfboards, is highly personal and preference-driven.

 

surfing equipment market by region

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Competitive Landscape

Some of the major players in the surfing equipment market are innovating with materials and designs of surfing equipment to enhance its performance:

 

Company Name Headquarters Founded Industry Brands/Products
Boardriders, Inc. California, United States 1969 Action sports and lifestyle Quiksilver, Roxy, DC Shoes
NIKE, Inc. Oregon, United States 1964 Athletic footwear, apparel, equipment, and accessories NIKE, Jordan, Converse
Rusty Surfboards, Inc. California, United States 1985 Surfboard manufacturing Rusty Surfboards, Birkenstock
Firewire Surfboards, LLC California, United States 2006 Surfboard design and manufacturing Firewire Surfboards

 

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

 

Manufacturers around the world are increasingly innovating with product design and researching specialised materials to enhance performance, safety, and sustainability of surfing equipment. For instance, manufacturers have adopted various materials, including expanded polystyrene (EPS) foam cores, fibreglass cloth, and epoxy resins, to make the surfboards lighter, more durable, and more responsive to the surfer’s movements.

 

Moreover, companies, such as Patagonia , are increasingly focusing on reducing emissions through the incorporation of natural materials. The company has launched Yulex streamers, made of natural rubber, which can reportedly, reduce the CO2 emissions from one wetsuit by up to 80%.

 

Surfing Equipment Market Analysis by Region

The market in North America is expected to grow robustly in the forecast period due to the rising popularity of surfing among adventure seekers. The United States has a massive market, which is supported by its extensive coastline and beaches. The United States is also a well-known tourist destination for surfing and other water sports because of its long coastlines, widespread availability of leisure activities, and various surfing competitions.

 

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

 

Latin America is also expected to account for a considerable portion of the global surfing equipment market share. Countries like Costa Rica, Brazil, Peru, and Mexico have become renowned destinations for surfers worldwide, thanks to their consistent waves, warm waters, and diverse surf spots catering to all levels of proficiency.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Distribution Channel
  • Region
Breakup by Product
  • Surfboards
  • Apparel
  • Accessories
  • Others
Breakup by Distribution Channel
  • Online
  • Offline
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis 
  • Porter's Five Forces Analysis 
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • 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
  • Simon Anderson Surfboards
  • Others

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

1    Preface    
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Surfing Equipment Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Surfing Equipment Historical Market (2018-2023) 
    8.3    Global Surfing Equipment Market Forecast (2024-2032)
    8.4    Global Surfing Equipment Market by Product
        8.4.1    Surfboards
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2023) 
            8.4.1.3    Forecast Trend (2024-2032)
        8.4.2    Apparel
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2023) 
            8.4.2.3    Forecast Trend (2024-2032)
        8.4.3    Accessories
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2018-2023) 
            8.4.3.3    Forecast Trend (2024-2032)
        8.4.4    Others
    8.5    Global Surfing Equipment Market by Distribution Channel
        8.5.1    Online
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2023) 
            8.5.1.3    Forecast Trend (2024-2032)
        8.5.2    Offline
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2023) 
            8.5.2.3    Forecast Trend (2024-2032)
        8.6    Global Surfing Equipment Market by Region
            8.6.1    North America
                8.6.1.1    Market Share
                8.6.1.2    Historical Trend (2018-2023) 
                8.6.1.3    Forecast Trend (2024-2032)
            8.6.2    Europe
                8.6.2.1    Market Share
                8.6.2.2    Historical Trend (2018-2023) 
                8.6.2.3    Forecast Trend (2024-2032)
            8.6.3    Asia Pacific
                8.6.3.1    Market Share
                8.6.3.2    Historical Trend (2018-2023) 
                8.6.3.3    Forecast Trend (2024-2032)
            8.6.4    Latin America
                8.6.4.1    Market Share
                8.6.4.2    Historical Trend (2018-2023) 
                8.6.4.3    Forecast Trend (2024-2032)
            8.6.5    Middle East and Africa
                8.6.5.1    Market Share
                8.6.5.2    Historical Trend (2018-2023) 
                8.6.5.3    Forecast Trend (2024-2032)
9    North America Surfing Equipment Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2023) 
        9.1.3    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2023) 
        9.2.3    Forecast Trend (2024-2032)
10    Europe Surfing Equipment Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2023) 
        10.1.3    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2023) 
        10.2.3    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2023) 
        10.3.3    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2023) 
        10.4.3    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Surfing Equipment Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2023) 
        11.1.3    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2023) 
        11.2.3    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2023) 
        11.3.3    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2023) 
        11.4.3    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2023) 
        11.5.3    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Surfing Equipment Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2023) 
        12.1.3    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2023) 
        12.2.3    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2023) 
        12.3.3    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Surfing Equipment Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2023) 
        13.1.3    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2023) 
        13.2.3    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2023) 
        13.3.3    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2023) 
        13.4.3    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    Boardriders, Inc.
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    NIKE, Inc.
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Rusty Surfboards, Inc.
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Firewire Surfboards, LLC
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    Agit Global, Inc
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Cobra International Co., Ltd
            15.2.6.1    Company Overview
            15.2.6.2    Product Portfolio
            15.2.6.3    Demographic Reach and Achievements
            15.2.6.4    Certifications
        15.2.7    Huizhou Xinyitong Sports Equipment Co. LTD
            15.2.7.1    Company Overview
            15.2.7.2    Product Portfolio
            15.2.7.3    Demographic Reach and Achievements
            15.2.7.4    Certifications
        15.2.8    Tahe Outdoors
            15.2.8.1    Company Overview
            15.2.8.2    Product Portfolio
            15.2.8.3    Demographic Reach and Achievements
            15.2.8.4    Certifications
        15.2.9    Simon Anderson Surfboards
            15.2.9.1    Company Overview
            15.2.9.2    Product Portfolio
            15.2.9.3    Demographic Reach and Achievements
            15.2.9.4    Certifications
        15.2.10    Others  
16    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Surfing Equipment Market: Key Industry Highlights, 2018 and 2032
2.    Global Surfing Equipment Historical Market: Breakup by Product (USD Million), 2018-2023
3.    Global Surfing Equipment Market Forecast: Breakup by Product (USD Million), 2024-2032
4.    Global Surfing Equipment Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
5.    Global Surfing Equipment Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
6.    Global Surfing Equipment Historical Market: Breakup by Region (USD Million), 2018-2023
7.    Global Surfing Equipment Market Forecast: Breakup by Region (USD Million), 2024-2032
8.    North America Surfing Equipment Historical Market: Breakup by Country (USD Million), 2018-2023
9.    North America Surfing Equipment Market Forecast: Breakup by Country (USD Million), 2024-2032
10.    Europe Surfing Equipment Historical Market: Breakup by Country (USD Million), 2018-2023
11.    Europe Surfing Equipment Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Asia Pacific Surfing Equipment Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Asia Pacific Surfing Equipment Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Latin America Surfing Equipment Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Latin America Surfing Equipment Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Middle East and Africa Surfing Equipment Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Middle East and Africa Surfing Equipment Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Global Surfing Equipment Market Structure

Key Questions Answered in the Report

In 2023, the market reached an approximate value of USD 4.59 billion.

The market is estimated to grow at a CAGR of 3.6% between 2024 and 2032.

The market is estimated to witness healthy growth during 2024-2032 to reach around USD 6.34 billion by 2032.

The major drivers of the market include the growing popularity of surfing as a sport, the expanding global tourism market, and improvements in surfing equipment quality and variety.

The rising number of surfing competitions, the surging interest in surfing among adventure enthusiasts, and the increasing popularity of personalised equipment are the key trends propelling the growth of the market.

The major regional markets are North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

The various products considered in the market report include surfboards, apparel, and accessories, among others.

The major players in the market are 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.

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We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

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