Europe Surfing Equipment Market Size & Outlook, 2020-2028
- Consumer Goods
- Sporting Goods
- Surfing Equipment Market Outlook
- Sporting Goods
Europe Surfing Equipment Market, 2016-2028 (US$M)
Global Market
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Europe surfing equipment market highlights
- The Europe surfing equipment market generated a revenue of USD 771.8 million in 2020.
- The market is expected to grow at a CAGR of 4.5% 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.
- Country-wise, Portugal is expected to register the highest CAGR from 2021 to 2028.
Europe data book summary
| Market revenue in 2020 | USD 771.8 million |
| Market revenue in 2028 | USD 1,101.6 million |
| Growth rate | 4.5% (CAGR from 2020 to 2028) |
| Largest segment | Surfing boards |
| Fastest growing segment | Apparels & Accessories |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 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, Europe region accounted for 19.9% of the global surfing equipment market in 2020.
- Globally, North America is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,477.7 million by 2028.
Surfing has been gaining rapid popularity even though it is an expensive sport. The surfing equipment market in Europe was valued at USD 771.8 million in 2020 and is projected to reach USD 1,101.6 million by 2028.
The increasing number of new surfers has been a major factor affecting the sales of surfing equipment. With team sports on hold and closed gyms in the early stages of pandemic, young poeple and adults have turned to surfing since it is a socially distanced activity.
With an increase in ecommerce activities, it became easier to access the sports equipment from within the country during the later stages of the pandemic. However, in the earlier stage, the sales were limited as the logistics services were limited as the procurement of raw materials and overall production speed slowed down due to lockdown restrictions.
Key Regions:U.S., UK, Brazil, France, New Zealand
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Publish Date: Sep 04, 2024
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Surfing Equipment Market Scope
Surfing Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Nike Inc Class B | View profile | 83,700 | One Bowerman Drive, Beaverton, OR, United States, 97005-6453 | www.nike.com |
| Billabong | View profile | 5001-10000 | Irvine, California, United States, North America | www.billabong.com/ |
| O'Neill | View profile | 251-500 | Santa Cruz, California, United States, North America | www.oneill.com |
| Quiksilver | View profile | 1001-5000 | Huntington Beach, California, United States, North America | www.quiksilver.com |
| KMD BRANDS LIMITED | View profile | 1001-5000 | Christchurch, Canterbury, New Zealand, Oceania | www.kmdbrands.com |
| JS Industries | View profile | - | Tweed Heads, New South Wales, Australia, Oceania | jsindustries.com |
| CI Surfboards | View profile | 11-50 | Carpinteria, California, United States, North America | cisurfboards.com/ |
| Firewire Surfboards | View profile | - | Carlsbad, California, United States, North America | www.firewiresurfboards.com/ |
| Rusty Surfboards | View profile | 1-10 | San Diego, California, United States, North America | rustysurfboards.com |
| SurfboardShack.com | View profile | 11-50 | Honolulu, Hawaii, United States, North America | www.surfboardshack.com |
Europe Surfing Equipment 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 Equipment Market Outlook will help companies and investors design strategic landscapes.
Surfing Boards was the largest segment with a revenue share of 69.21% in 2020.
Horizon Databook has segmented the Europe surfing equipment market based on surfing boards, apparels & accessories covering the revenue growth of each sub-segment from 2016 to 2028.
Surfing has been gaining rapid popularity even though it is an expensive sport. The surfing equipment market in Europe was valued at USD 771.8 million in 2020 and is projected to reach USD 1,101.6 million by 2028.
The increasing number of new surfers has been a major factor affecting the sales of surfing equipment. With team sports on hold and closed gyms in the early stages of pandemic, young poeple and adults have turned to surfing since it is a socially distanced activity.
With an increase in ecommerce activities, it became easier to access the sports equipment from within the country during the later stages of the pandemic. However, in the earlier stage, the sales were limited as the logistics services were limited as the procurement of raw materials and overall production speed slowed down due to lockdown restrictions.
- Europe Surfing Equipment Market Product Outlook (Revenue, USD Million , 2016-2028)
- Surfing Boards
- Apparels & Accessories
- Europe Surfing Equipment Market Distribution Channel Outlook (Revenue, USD Million , 2016-2028)
- Online
- Offline
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe Surfing Equipment Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Europe Surfing Equipment Market Outlook from 2016 to 2028, including revenue numbers, major trends, and company profiles.
Europe Surfing Equipment Market, 2016-2028 (US$M)
Europe surfing equipment market statistics, by product, 2016-2028 (US$M)
