DUBLIN--(BUSINESS WIRE)--The "Global Surfboard Market 2018-2022" report has been added to Research and Markets' offering.
Global surfboard market to grow at a CAGR of 12.24% during the period 2018-2022.
The report, Global Surfboard Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, one of the major drivers for this market is introduction of surfing contests. Several surfers are focusing on exhibiting their skills and gain recognition by participating in surfing competitions. These surfers are judged based on the level of difficulty, mastery of surfing on the waves, competency of how the wave is ridden, and frequency of maneuvers.
A large number of professional surfing competitors participate in the championship tour conducted by the world surf league (WSL). The number of recreational and professional surfers is increasing due to the rising number of surfing events. This in turn, will boost the sales of surfboards and surf gear of all kinds.
Recreational users dominated the end-user segments because of the rising number of people preferring adventure water activities over other sports during their vacations. The popularity of surf tourism has increased across the globe. There are now various surf-specific websites, international and regional. This increases the accessibility of the information related to surfing in various regions and encourages surf tourism.
The demand for shortboards among advanced level surfers is high since shortboards provide high performance and maneuverability. They are also light in weight as they are made using less foam and glass. The adoption of shortboard surfboards will increasing since they are specifically designed to use when the waves are fast, steep, and powerful. This will positively influence the growth of the surfboard market in the shortboards segment.
Market trends
- Continuous evolution in designs of surfboards
- Availability of better manufacturing machines for surfboards
- Increase in use of improved raw materials
- Rising women participation in water sports activities
- Shifting consumer preference to recreational outdoor fitness activities
Companies profiled
- Beachbeat Surfboards
- Channel Islands Surfboards
- Firewire Surfboards
- Global Surf Industries
- INFINITY SURF
- NSP Surfboard
- Billabong
- BruSurf
- Mt Woodgee
- Superbr Surfboards Apparel
Key Topics Covered
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Pestle Analysis
Part 09: Market Segmentation By Product
Part 10: Market Segmentation By End-User
Part 11: Market Segmentation By Distribution Channel
Part 12: Customer Landscape
Part 13: Regional Landscape
Part 14: Decision Framework
Part 15: Drivers And Challenges
Part 16: Market Trends
Part 17: Competitor Landscape
Part 18: Key Competitor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/rm6lwt/global_surfboard?w=4
