The surfing boards market has shown significant growth, expanding from $2.88 billion in 2023 to $3.09 billion in 2024, with a compound annual growth rate (CAGR) of 7.2%. This historical growth is driven by the increasing popularity of water sports, rising disposable incomes, advancements in board materials, expansion of surfing tourism, celebrity endorsements, environmental awareness, urbanization, and improved surfing facilities. The market is projected to grow further, reaching $4.09 billion by 2028, with a CAGR of 7.3%. The anticipated growth is attributed to rising participation in rowing among women, health and wellness trends, expansion of online retail, sustainable practices, emerging markets, and competitive surfing leagues. Key trends in the forecast period include smart board technology, electric surfboards, customization and personalization, biodegradable materials, augmented reality (AR) in training, hybrid board designs, and artificial intelligence (AI) in design.
Global Surfing Boards Market Key Driver
The growing awareness of outdoor sports activities is expected to drive the growth of the surfing board market. Outdoor sports, which offer physical and mental health benefits and foster social interactions, are gaining popularity. Innovations in surfing boards enhance performance, safety, and enjoyment for enthusiasts. According to the Outdoor Participation Trend report by the Outdoor Industry Association in June 2023, outdoor recreation participation increased by 2.3% in 2022, reaching 168.1 million participants. This rising interest is fueling the surfing board market, which grew from $0.78 billion in 2023 to $0.85 billion in 2024, with expectations to reach $1.21 billion by 2028.
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Global Surfing Boards Market Segments
The surfing boards market covered in this report is segmented –
1) By Product Type: Short Boards, Longboards, Fun Boards, Foam Board, Other Products
2) By Material: Wood, Fiberglass and Foam, Epoxy, Polyurethane, Polystyrene
3) By Distribution Channel: Online, Offline
4) By Application: Entertainment, Sports Competition, Other Applications
5) By End Users: Kids, Adults
By Geography:The regions covered in the surfing boards market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
North America was the largest region in the surfing boards market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period.
Major Surfing Boards Industry Players
Quiksilver Inc., Rip Curl Group Pty Ltd, Tahe Outdoors OÜ, Boardworks Surf Inc., Channel Islands Surfboards Inc., Bing Surfboards, O'Neill Inc., Firewire Surfboards LLC, DHD Surfboards Pty Ltd, JS Industries Pty Ltd, Lost Surfboards LLC, HaydenShapes Surfboards Pty Ltd, Rusty Surfboards Pty Ltd, Surftech LLC, Surf Diva Surfboards LLC, Tokoro Surfboards, Surftech USA LLC, NSP Surfboards, Stewart Surfboards Inc., Infinity SUP, Global Surf Industries Pty Ltd, Hot Buttered Surfboards, Lib Tech Surf LLC, Walden Surfboards, Avila Surfboards
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Surfing Boards Market Overview
Surfing boards refer to specialized boards used for riding ocean waves in the sport of surfing. The designers create boards in a variety of lengths, widths, and materials to suit diverse surfing styles and skill levels and incorporate fins for stability and control. These boards are designed with a streamlined shape to enhance buoyancy and maneuverability on water.
Surfing Boards Global Market Report 2023 provides data on the global surfing boards market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The surfing boards market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.
