The "Surfboard Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.
The global surfboard market grew at a CAGR of around 7% during 2014-2019. Looking forward, the publisher expects the global surfboard market to exhibit moderate growth during the next five years.
A surfboard refers to a narrow and elongated platform on which a surfer stands or lies while riding ocean waves. Earlier, it was only made using wood but nowadays, it is also produced using a variety of materials, such as polyurethane, polyester, fiberglass and styrofoam. The rising interest in surfing as a recreational and competitive sport has led to heightened demand for surfboards. As a result, they are available in a variety of shapes and sizes, depending on the experience of the riders and the kind of waves they intend to surf.
The market has experienced significant growth on account of the growing trend of surf tourism. Apart from this, electric surfboards have been gaining widespread preference over conventional surfboards as they provide superior torque, high water propulsion and allow individuals to surf in the absence of waves. Moreover, the rising popularity of adaptive surfing among disabled people has provided lucrative opportunities for key manufacturers. They have also introduced sustainable surfboards that are made using eco-friendly materials and assist in reducing carbon footprint during manufacturing.
Besides this, they have been utilizing advanced technologies, such as computer-aided design/computer-aided manufacturing (CAD/CAM) systems, to help individuals modify surfboards according to their specifications. However, owing to the sudden outbreak of the coronavirus diseases (COVID-19), governments of numerous countries have declared complete lockdowns and prohibited social gatherings. Consequently, water sports activities like surfing have been put on halt, but the industry is anticipated to grow once normalcy is regained.
Companies Mentioned
Key Questions Answered in This Report:
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Surfboard Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 Shortboards
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Longboards
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Fish Boards
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Gun Boards
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Material Type
7.1 Polyurethane
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Balsa Wood
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Others
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Distribution Channel
8.1 Online
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Offline
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Application
9.1 Recreational Users
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Professional Users
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.2 Asia Pacific
10.3 Europe
10.4 Latin America
10.5 Middle East and Africa
11 SWOT Analysis
12 Value Chain Analysis
13 Porters Five Forces Analysis
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/biubg4
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