Press release
Surfing Equipment Market To 2027 – Global Market Size, Share, Development Status, Top Manufacturers, And Forecasts
Intelligencemarketreport.com Publish a New Market Research Report on “Surfing Equipment – Global Market Report 2021-2027”.Surfing Equipment Market is valued approximately at USD 3.88 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 4.40% over the forecast period 2021-2027. Growing popularity for water sports across the globe, rising sales of sports equipment on e-commerce platforms, and new product launches by market players to cater the rising demand are the factors fueling growth in the market. According to Statista, youth participation in surfing in United States, has increased from 703000 in 2015 to 781 thousand in 2019. Also, in July 2019, Billabong launched Furnace Graphene, a graphene-enhanced surfing clothing, to trap and hold heat more effectively, to provide warmth to the wearer. Furthermore, strategic marketing programs and growing willingness to pay for higher quality goods are expected to grow market during forecast period. However, a smaller number of surfing facilities and less participation in low-income countries are expected to hamper the market growth during forecast period.
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Listed Key players included in Surfing Equipment market are:
Billabong
Quiksilver, Inc.
JS Industries
Channel Islands Surfboards
Nike, Inc.
Firewire Surfboards, LLC
Rusty Surfboards
Rip Curl. Ltd.
Cannibal Surfboards
O’Neill
Surfing Equipment Market Segmentation Listed Below:
By Product:
Surfing Boards
Apparels & Accessories
By Distribution Channel:
Online
Offline
The research looks at qualitative data on basic statistics including market share, sales value, SWOT analysis, and future innovative development. This analysis covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends, and strategies. A new growth forecast analysis on the Surfing Equipment market highlights product features, emerging grooming trends in regions/countries, and technical advances impacting market growth. The research study offers a thorough examination of the market, including current growth determinants, future trends, historical data, and trending impacting variables, as well as their impact on new enterprises before and after Covid-19.
This research emphasizes the importance of analyzing the industry chain and all components, both upstream and downstream. This analysis assesses the Surfing Equipment market estimations for the CAGR value during the provided projected period, as well as market drivers, restraints, and competition strategies. The study offers a comprehensive evaluation of the global market as well as relevant insights. The main competitors' revenue and market share are recorded as part of the research technique used to assess and forecast this market. To identify and collect data for this comprehensive market study, secondary sources such as press releases, annual reports, industry associations, governmental agencies, and customs data were employed.
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Surfing Equipment Market Segmentation Analysis
This research analysis includes precise estimates and future predictions of sales by type and application in terms of market growth, volume, and value for the forecast period. This feature contributes to the growth of the firm by focusing on the Surfing Equipment market's appropriate standards. Every segment is evaluated based on its growth rate and market share. The research study examines the important features of each kind, such as production, revenue, price, size, innovation, future projection, and market development rate.
COVID-19 Impact Analysis on Surfing Equipment Sales
COVID-19, which is presently raging, will have an impact on the global Surfing Equipment industry. This study examines the effects of COVID-19 on the upstream, midstream, and downstream businesses. This study also provides an in-depth market analysis by highlighting data on a range of market aspects such as market drivers, obstacles, opportunities, threats, and industry news and trends.
Competitive Outlook OF Surfing Equipment Industry
Based on the competitive landscape and market analysis of the top main vendors, this newest Surfing Equipment market research report covers industry growth factor data, business opportunities, challenges, and company overview of Key players/manufacturers. The study provides a comprehensive qualitative and quantitative analysis of future forecasts and existing trends, as well as assistance in appraising current market prospects.
Table of Contents – Major Key Points
Chapter 1. Executive Summary
Chapter 2. Global Market Definition and Scope
Chapter 3. Global Market Dynamics
Chapter 4. Global Market Industry Analysis
Chapter 5. Global Surfing Equipment Market, by Product
Chapter 6. Global Surfing Equipment Market, by Distribution Channel
Chapter 7. Global Surfing Equipment Market, Regional Analysis
Chapter 8. Competitive Intelligence
Chapter 9. Research Process
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Contact US:
Akash Anand
Head of Business Development & Strategy
Sales@intelligencemarketreport.com
Phone: +44 20 8144 2758
Website: www.intelligencemarketreport.com
About Us:
Intelligence Market Report includes a comprehensive rundown of statistical surveying reports from many distributers around the world. We brag an information base traversing basically every market classification and a much more complete assortment of statistical surveying reports under these classifications and sub-classifications.
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