Brazil Surfing Equipment Market Size & Outlook, 2020-2028
The surfing equipment market in Brazil is expected to reach a projected revenue of US$ 156.5 million by 2028. A compound annual growth rate of 2.8% is expected of Brazil surfing equipment market from 2021 to 2028.
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Brazil surfing equipment market highlights
The Brazil surfing equipment market generated a revenue of USD 125.2 million in 2020 and is expected to reach USD 156.5 million by 2028.
The Brazil market is expected to grow at a CAGR of 2.8% from 2021 to 2028.
In terms of segment, surfing boards was the largest revenue generating product in 2020.
Apparels & Accessories is the most lucrative product segment registering the fastest growth during the forecast period.
Surfing equipment market data book summary
Market revenue in 2020
USD 125.2 million
Market revenue in 2028
USD 156.5 million
Growth rate
2.8% (CAGR from 2020 to 2028)
Largest segment
Surfing boards
Fastest growing segment
Apparels & Accessories
Historical data
2016 - 2019
Base year
2020
Forecast period
2021 - 2028
Quantitative units
Revenue in USD million
Market segmentation
Surfing Boards, Apparels & Accessories
Key market players worldwide
Nike Inc Class B, KMD BRANDS LIMITED, Billabong, Quiksilver, JS Industries, CI Surfboards, Firewire Surfboards, Rusty Surfboards, SurfboardShack.com, O'Neill
Other key industry trends
In terms of revenue, Brazil accounted for 3.2% of the global surfing equipment market in 2020.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
In Latin America, Brazil surfing equipment market is projected to lead the regional market in terms of revenue in 2028.
Brazil is the fastest growing regional market in Latin America and is projected to reach USD 156.5 million by 2028.
Brazil, the largest country in South America, has produced some of the best surfers in the world, the likes of Maya Gabeira, Gabriel Medina, Filipe Toledo, and Adriano de Souza. According to Stab Magazine, Brazil is the world’s best surfing nation and has 7,491 km of Atlantic coastline featuring different climates and a wide variety of waves for all levels.
Brazil has multiple surfing destinations that attract surfers from all over the globe. For instance, Santa Catarina, an island state in the south of Brazil, is home to around 50 surf breaks that can handle different swells, wind conditions, and tides.
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 Equipment Market Outlook will help companies and investors design strategic landscapes.
Surfing Boards was the largest segment with a revenue share of 68.45% in 2020.
Horizon Databook has segmented the Brazil surfing equipment market based on surfing boards, apparels & accessories covering the revenue growth of each sub-segment from 2016 to 2028.
Brazil, the largest country in South America, has produced some of the best surfers in the world, the likes of Maya Gabeira, Gabriel Medina, Filipe Toledo, and Adriano de Souza. According to Stab Magazine, Brazil is the world’s best surfing nation and has 7,491 km of Atlantic coastline featuring different climates and a wide variety of waves for all levels.
Brazil has multiple surfing destinations that attract surfers from all over the globe. For instance, Santa Catarina, an island state in the south of Brazil, is home to around 50 surf breaks that can handle different swells, wind conditions, and tides.
Brazil Surfing Equipment Market Product Outlook (Revenue, USD Million , 2016-2028)
Surfing Boards
Apparels & Accessories
Brazil Surfing Equipment Market Distribution Channel Outlook (Revenue, USD Million , 2016-2028)
Online
Offline
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil Surfing Equipment Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Brazil Surfing Equipment Market Outlook from 2016 to 2028, including revenue numbers, major trends, and company profiles.