Middle East & Africa Surfing Equipment Market Size & Outlook
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MEA surfing equipment market highlights
- The MEA surfing equipment market generated a revenue of USD 100.2 million in 2020.
- The market is expected to grow at a CAGR of 2.7% 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.
MEA data book summary
| Market revenue in 2020 | USD 100.2 million |
| Market revenue in 2028 | USD 123.7 million |
| Growth rate | 2.7% (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, MEA region accounted for 2.6% 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.
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Surfing Equipment Market Scope
Surfing Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| SurfboardShack.com | View profile | 11-50 | Honolulu, Hawaii, United States, North America | http://www.surfboardshack.com |
| Rusty Surfboards | View profile | 1-10 | San Diego, California, United States, North America | https://rustysurfboards.com |
| Firewire Surfboards | View profile | - | Carlsbad, California, United States, North America | https://www.firewiresurfboards.com/ |
| CI Surfboards | View profile | 11-50 | Carpinteria, California, United States, North America | https://cisurfboards.com/ |
| JS Industries | View profile | - | Tweed Heads, New South Wales, Australia, Oceania | https://jsindustries.com |
| KMD BRANDS LIMITED | View profile | 1001-5000 | Christchurch, Canterbury, New Zealand, Oceania | https://www.kmdbrands.com |
| Quiksilver | View profile | 1001-5000 | Huntington Beach, California, United States, North America | https://www.quiksilver.com |
| O'Neill | View profile | 251-500 | Santa Cruz, California, United States, North America | http://www.oneill.com |
| Billabong | View profile | 5001-10000 | Irvine, California, United States, North America | http://www.billabong.com/ |
| Nike Inc Class B | View profile | 83700 | One Bowerman Drive, Beaverton, OR, United States, 97005-6453 | https://www.nike.com |
Middle East & Africa 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 will help companies and investors design strategic landscapes.
Surfing boards was the largest segment with a revenue share of 68.16% in 2020. Horizon Databook has segmented the Middle East & Africa surfing equipment market based on surfing boards, apparels & accessories covering the revenue growth of each sub-segment from 2016 to 2028.
With a wealth of offshore islands and 38 coastal countries, Africa is full of opportunities for water sports activities, especially for surfers. South Africa, with world-class waves in major cities like Durban, Cape Town, and Jeffreys Bay, is undoubtedly the continent’s best-known surf destination. Surfing in the UAE gives an incredibly unique playing field with good-sized waves and waters ranging from mild to wild.
Khor Fakkan Beach and Tim’s Reef in Fujairah, Al Khan Beach in Sharjah, Sunset Beach in Jumeirah District, and Kite Beach and North Beach in Dubai are famous surfing spots in the Middle East.
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Target buyers of Middle East & Africa surfing equipment market databook
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Our clientele includes a mix of surfing equipment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa surfing equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa surfing equipment market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Middle East & Africa Surfing Equipment Market Outlook Share, 2020 & 2028 (US$M)
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