Reports
Reports
Sale
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.
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.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
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. |
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.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
“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.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
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%.
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.
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:
|
Breakup by Product |
|
Breakup by Distribution Channel |
|
Breakup by Region |
|
Market Dynamics |
|
Competitive Landscape |
|
Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
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
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.
Mini Report
Single User License
Five User License
Corporate License
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
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.