Middle East & Africa Surfing Apparel And Accessories Market Size & Outlook
The surfing apparel and accessories market in Middle East & Africa is expected to reach a projected revenue of US$ 291.7 million by 2030. A compound annual growth rate of 3.8% is expected of Middle East & Africa surfing apparel and accessories market from 2023 to 2030.
In terms of revenue, MEA region accounted for 2.4% of the global surfing apparel and accessories market in 2022.
Globally, North America is projected to lead the regional market in terms of revenue in 2030.
Asia Pacific is the fastest growing regional market and is projected to reach USD 5,050.2 million by 2030.
This region accounts for a low share in the surfing apparel and accessories industry. Major reasons for this low market share and revenue are lack of natural resources and water bodies to support surfing, low participation rates, a limited number of surfing facilities available, and low awareness among the regional population regarding surfing as a sports event.
However, several steps are being taken to develop surf culture in this region. Several countries in the Middle East and Africa, such as Morocco, Egypt, and the UAE, have developed surf spots and surfing communities in the recent years.
The small market share in terms of surfing apparel segment is attributed to the lack of water sports infrastructure in the region as well as the low participation rate in surfing as compared to the other regions in the globe.
Middle East & Africa Surfing Apparel And Accessories Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Surfing Apparel And Accessories Market Outlook will help companies and investors design strategic landscapes.
Apparels was the largest segment with a revenue share of 88.52% in 2022.
Horizon Databook has segmented the Middle East & Africa surfing apparel and accessories market based on apparels, accessories covering the revenue growth of each sub-segment from 2017 to 2030.
This region accounts for a low share in the surfing apparel and accessories industry. Major reasons for this low market share and revenue are lack of natural resources and water bodies to support surfing, low participation rates, a limited number of surfing facilities available, and low awareness among the regional population regarding surfing as a sports event.
However, several steps are being taken to develop surf culture in this region. Several countries in the Middle East and Africa, such as Morocco, Egypt, and the UAE, have developed surf spots and surfing communities in the recent years.
The small market share in terms of surfing apparel segment is attributed to the lack of water sports infrastructure in the region as well as the low participation rate in surfing as compared to the other regions in the globe.
Middle East & Africa Surfing Apparel And Accessories Market Product Outlook (Revenue, USD Million , 2017-2030)
Apparels
Accessories
Middle East & Africa Surfing Apparel And Accessories Market Distribution Channel Outlook (Revenue, USD Million , 2017-2030)
Offline
Online
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa Surfing Apparel And Accessories Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa Surfing Apparel And Accessories Market Outlook from 2017 to 2030, including revenue numbers, major trends, and company profiles.
MEA surfing apparel and accessories market statistics, by product, 2017-2030 (US$M)