Surfboard Market 2020: Global Trends, Industry Growth by Size, Share, Trends, Demand and Regional Forecast From up to 2025

According to KD  Market Insights the research report on the global Surfboard market provides detailed analysis of market sizing and forecasting of the market covering the market drivers, challenges, opportunity analysis, and trends, along with various key insights in the global market. The report on global Surfboard market describes the essential aspects that are anticipated to shape the growth of the global market over the upcoming years. The market research report also focuses on the analysis of the market value chain & supply chain for the market.

The market for Surfboard is projected to reach at a noteworthy value by the end of 2025. The global Surfboard market is envisioned to grow at a significant CAGR over the forecast period i.e. 2020-2025. Over the past years, the market for Surfboard has grown at a substantial rate and is expected to represent a lucrative growth over the forecast period. The study on global Surfboard market covers the key market growth indicators along with macroeconomic indicators for different segments & regions. Also, the research includes facts & figures which are related to the macroeconomic indicators that are estimated to drive the market growth globally.

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he growth of this market is attributed towards a combination of major relying factors including the increasing awareness about the benefits of adaptive surfing as a vital therapeutic tool, rising participation of women in water sports activities, increasing spending on recreational and leisure activities by people worldwide etc.

Promotions of the therapeutic benefits of this sport encourage the participation of new surfers, which, boosts the global sales of surfboards.  For instance, the Portuguese Association of Adapted Surfing, SURFaddict has organized many events along the Portuguese coastline to promote adaptive surfing. Additionally, the International Surfing Association (ISA) is planning to include the sport in the Paralympic Games to make it more accessible. Therefore, the surfboard market growth is expected to comprehensively grow over the next few years.

Furthermore, the detailed analysis of porter’s five forces determines, the buyers bargaining power, suppliers bargaining power, the threat of new entrants, the threat of substitutes, and degree of competition in the global Surfboard market. In addition, the market research report plays an important role for the investors, stakeholders, distributors, manufacturers, and suppliers, since it provides a comprehensive analysis to understand the growth strategies.

Key Segments Covered in the Global Surfboard Market:

  • Market Forecast Analysis for 2019-2025
  • Growth Drivers & Barriers, Market Trends, Market Opportunities, Porter’s Five Forces Analysis, Trade Analysis
  • Market Overview, Industry Development, Market Maturity, Value Chain Analysis
  • Impact Analysis of Coronavirus Disease (COVID-19)
  • Regional & Country Level Analysis
  • Market Segment Trend and Forecast
  • Market Analysis and Various Recommendations
  • Key Market Driving Factors
  • Competitive Landscape: Company Market Share & Market Positioning, Company Profiling, Recent Industry News.

Segment Information:

The market research report on the global Surfboard market provides a strategic analysis of multiple segmentation, covering all the important information related to the market. Further, the global Surfboard market is segmented .The study also focuses on the market dynamics & growth parameters related to

By Product:

  • Shortboards
  • Longboards

By Material: 

  • Polyurethane (P.U.) Boards
  • Balsa Boards
  • Hollow Wooden Boards
  • Other

By End-user:

  • Recreational Users
  • Professional Users

By Distribution Channel:

  • Specialty Stores
  • Department Stores
  • Online Retail
  • Others

By Application:

  • Entertainment
  • Sport Competition
  • Other

 

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In terms of region, the global Surfboard market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. Also, the classification of market data and analysis of region into countries is covered in the market research report. Further, the regions are fragmented into the country and regional groupings:

– North America (U.S. & Canada)

– Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe)

– Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand, and Rest of Asia Pacific)

– Latin America (Brazil, Mexico, and Rest of Latin America)

– Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East & Africa)

Competitive Landscape:

The research report provides analysis of company’s positioning and market share of the major & niche market players in global Surfboard market. In addition to this, the report also profiles various market players in the global market including:

  • Intuitive Surgical (US)
  • Beachbeat Surfboards
  • Channel Island Surfboards
  • Global Surf Industries
  • Hobie Cat Company
  • INFINITY SURF
  • NSP Surfboard
  • Quiksilver Inc.
  • Xanadu Surfboards
  • Quiksilver
  • Rusty Surfboards
  • Xanadu Surfboards
  • Haydenshapes and others

The market research report on the global Surfboard market also provides the detailed analysis of the company’s business and performance including the financial information, revenue breakup by segment and by geography, SWOT Analysis, key factors, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news and other market activities.

Customization of the Report:

KD Market Insights offers customization of reports as per the scope of the clients. To get the report customized as per your need, please get in touch with our sales team and they will ensure our client’s needs are reflected in final deliverables of report.

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