Press release
Surfing Boards Market Anticipated To Witness Robust Growth, Surpassing $4.39 Billion By 2029
Surfing Boards
What Is the Current Surfing Boards Market Size and Its Estimated Growth Rate?
The surfing boards market has experienced solid growth in recent years. It will rise from $3.09 billion in 2024 to $3.32 billion in 2025, reflecting a CAGR of 7.5%. The growth can be attributed to the growing popularity of water sports, higher disposable incomes, advancements in materials for boards, the expansion of surfing tourism, celebrity endorsements, environmental awareness, urbanization, and the rise in surfing facilities.
The surfing boards market is projected to reach $4.39 billion by 2029, growing at a CAGR of 7.2%, fueled by increased female participation, wellness trends, eco-conscious production, online retail, and expansion in emerging markets. Trends include AI-driven board design, smart and electric surfboards, customization, AR training tools, and sustainable materials.
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How Are Emerging Segments Shaping the Surfing Boards Market Landscape?
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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Which Growth Factors Are Influencing Surfing Boards Market Expansion?
The rising interest in outdoor sports activities is projected to boost the growth of the surfing board market. Outdoor sports activities include those that take place in natural settings, promoting physical fitness and mental health. The growing awareness of outdoor sports is driven by their health benefits and a social trend favoring experiences that enhance community interaction. Innovations in surfing boards cater to outdoor enthusiasts by improving performance and safety. For instance, in June 2023, the Outdoor Industry Association reported that outdoor recreation participation in the U.S. rose by 2.3% in 2022, reaching 168.1 million participants. As awareness of outdoor sports grows, the surfing board market is expanding.
Who Are the Dominant Players Across Different Surfing Boards Market Segments?
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
What Are the Major Trends Shaping the Surfing Boards Market?
Major companies in the surfing board market are concentrating on creating eco-friendly products, such as electric surfboards, to address growing consumer demand for improved performance and innovative features. These electric surfboards offer motorized propulsion, allowing riders to achieve greater speeds and perform advanced maneuvers effortlessly. For example, in September 2023, Cyrusher, a company based in the US that manufactures electric bikes and surfboards, introduced the Cyrusher Thunder electric surfboard. This high-performance board has a top speed of 44 mph (70 km/h) and is powered by a 5 kW continuous-rated and 10 kW peak-rated electric motor. With a 66-inch (1.68-meter) board and a waterproof 72V, 50Ah battery providing a 3.6 kWh capacity, it offers up to 60 minutes of ride time. It takes about two to three hours to recharge fully and features a wired remote control, adjustable foot bindings, and weighs 18 kg (40 lb.). Despite the heavy battery (22 kg or 48.5 lb.), it remains portable and convenient for water sports.
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Which Geographic Regions Are Expected to Dominate the Surfing Boards Market in the Coming Years?
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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Surfing Boards Market?
2. What is the CAGR expected in the Surfing Boards Market?
3. What Are the Key Innovations Transforming the Surfing Boards Industry?
4. Which Region Is Leading the Surfing Boards Market?
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