How Is The Global Surfing Tourism Market Defined?
Surfing tourism refers to travel activities where the primary motivation is to engage in surfing. This form of tourism includes visiting coastal destinations that offer suitable conditions for surfing, such as consistent waves, favorable weather, and surf-friendly beaches. Surfing tourism often encompasses a range of services and experiences tailored to surfers, including surf schools, surf camps, guided surf tours, and accommodations that cater to surfers' needs.
Surfing Tourism Global Market Report 2024 provides data on the global surfing tourism market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The surfing tourism market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.
How Are The Global Surfing Tourism Market Size And Growth Rates Projected To Evolve?
The surfing tourism market is growing steadily, from $9.00 billion in 2023 to $9.58 billion in 2024 at a CAGR of 6.4%. This growth is fueled by the cultural influence of surfing and improved access to air travel. The market is expected to grow to $12.31 billion by 2028 at a 6.5% CAGR, driven by the development of surf infrastructure, emerging markets, and unique surf experiences. Trends include eco-friendly practices, luxury surf travel, and advancements in technology.
What Are The Essential Drivers Behind The Growth Of The Surfing Tourism Market?
The rising popularity of outdoor activities and adventure tourism is expected to promote the growth of the surfing tourism market. More people are engaging in outdoor sports and adventure tourism due to health trends, the influence of social media, and better accessibility. Surfing tourism is becoming increasingly popular as it promotes active lifestyles and supports coastal destinations. According to the Australian Department of Health and Aged Care in July 2024, nearly 90% of adults participated in sports annually, with millions engaging in recreational activities. The growing interest in these activities will likely contribute to the growth of the surfing tourism sector.
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How Is The Global Surfing Tourism Market Divided Into Key Segments?
The surfing tourism market covered in this report is segmented –
1) By Tour Type: Domestic, International
2) By Services Offered: Surf Schools And Lessons, Surf Camps And Retreats, Surf Resorts And Accommodations, Surf Tours And Expeditions, Equipment Rentals And Sales
3) By Consumer Orientation: Men, Women
4) By Tourist Type: Independent Traveler, Tour Group, Package Traveler
5) By Target Audience: Beginners And Learners, Intermediate Surfers, Advanced And Professional Surfers, Family And Group Travelers
What Trends Are Reshaping The Future Of The Surfing Tourism Market?
In the surfing tourism market, companies are working on developing surfing schools to attract a broader range of enthusiasts. In April 2022, Flying Konkan, an India-based adventure company, launched the first board surfing school in Devgad, welcoming surfers of all skill levels. The school provides beginner-friendly options, while also offering more advanced training for experienced surfers.
What Is The Fastest Growing Region In The Surfing Tourism Market?
North America was the largest region in the surfing tourism market in 2023. The regions covered in the surfing tourism market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
