Press release
Top Factor Driving Surfing Boards Market Growth in 2025: Growing Awareness Fuels Surfing Board Market Amid Rising Outdoor Sports Participation
Which drivers are expected to have the greatest impact on the over the surfing boards market's growth?The rising interest in outdoor sports activities is expected to stimulate the growth of the surfing board market. Outdoor sports, known for their health benefits, are gaining popularity, and surfing has emerged as a key activity. Innovations in surfing boards are enhancing safety and performance, attracting more enthusiasts. For example, a report by the Outdoor Industry Association in June 2023 revealed that the outdoor recreation participation rate in the U.S. increased by 2.3% in 2022. This growing interest in outdoor sports is driving the surfing board market.
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What is the future CAGR of the surfing boards market, and how will it impact industry expansion?
The surfing boards market has grown significantly in recent years and will rise from $3.09 billion in 2024 to $3.32 billion in 2025, at a CAGR of 7.5%. This growth is driven by the rising popularity of water sports, increased disposable incomes, advancements in board materials, expansion of surfing tourism, celebrity endorsements, environmental awareness, urbanization, and better surfing facilities.
The surfing boards market is projected to reach $4.39 billion by 2029, growing at a CAGR of 7.2%. Growth is driven by increasing participation among women, health trends, online retail, sustainable practices, and competitive surfing leagues. Key trends include smart board technology, electric surfboards, customization, biodegradable materials, AR in training, hybrid designs, and AI in design.
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What are the most significant trends transforming the surfing boards market today?
Companies in the surfing board market are focusing on sustainable innovations, such as electric surfboards, to meet growing consumer demand for higher performance. Electric surfboards offer motorized propulsion, allowing riders to achieve higher speeds and perform advanced maneuvers. For example, in September 2023, Cyrusher, a US-based company, launched the Cyrusher Thunder electric surfboard. It features a top speed of 44 mph, a 5 kW motor, a 72V battery for up to 60 minutes of riding, and a recharge time of 2-3 hours, along with safety features like a wired remote control and adjustable foot bindings.
Which key market segments comprise the surfing boards market and drive its revenue growth?
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
Subsegments:
1) By Short Boards: Standard Shortboards, Performance Shortboards, Fish Shortboards, Hybrid Shortboards
2) By Longboards: Traditional Longboards, Nose Riders, Performance Longboards, Retro Longboards
3) By Fun Boards: Mini Longboards, Hybrid Fun Boards, Fish Fun Boards
4) By Foam Board: Soft-Top Foam Boards, Hard-Top Foam Boards, Inflatable Foam Boards
5) By Other Products: Stand-Up Paddleboards (SUPs), Tow-In Boards, Hybrid Surfboards, Custom Or Specialty Boards
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What regions are leading the charge in the surfing boards market?
North America was the largest region in the surfing boards market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the surfing boards market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the surfing boards market?
Major companies operating in the surfing boards market are 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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What Is Covered In The Surfing Boards Global Market Report?
•Market Size Forecast: Examine the surfing boards market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the surfing boards market for a structured understanding.
•Key Players Overview: Analyze major players in the surfing boards market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the surfing boards market.
•Segment Contributions: Evaluate how different segments drive overall growth in the surfing boards market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the surfing boards market.
•Industry Challenges: Identify potential risks and obstacles affecting the surfing boards market.
•Competitive Landscape: Review strategic developments in the surfing boards market, including expansions, agreements, and new product launches.
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