New Zealand Surfing Equipment Market Size & Outlook
The surfing equipment market in New Zealand is expected to reach a projected revenue of US$ 262.7 million by 2028. A compound annual growth rate of 5.1% is expected of New Zealand surfing equipment market from 2021 to 2028.
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New Zealand surfing equipment market highlights
The New Zealand surfing equipment market generated a revenue of USD 176.7 million in 2020 and is expected to reach USD 262.7 million by 2028.
The New Zealand market is expected to grow at a CAGR of 5.1% 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 176.7 million
Market revenue in 2028
USD 262.7 million
Growth rate
5.1% (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, New Zealand accounted for 4.6% 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 Asia Pacific, Australia surfing equipment market is projected to lead the regional market in terms of revenue in 2028.
Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 331.2 million by 2028.
With an astounding 15,000 kilometers of coastline, New Zealand has become a world-class surfing destination for tourists and surf enthusiasts. The diversity and consistency of surfing conditions in the country are as remarkable as the spectacular coastline itself and as if nature has designed the New Zealand coastline with surfers in mind.
Tauranga, Dunedin, Shipwreck Bay, Te Arai, Piha, Muriwai, Whangapoua Bay, Manu Bay, Surf Highway 45, and Lyall Bay are some of the most iconic surf beaches in New Zealand.
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 66.21% in 2020.
Horizon Databook has segmented the New Zealand surfing equipment market based on surfing boards, apparels & accessories covering the revenue growth of each sub-segment from 2016 to 2028.
With an astounding 15,000 kilometers of coastline, New Zealand has become a world-class surfing destination for tourists and surf enthusiasts. The diversity and consistency of surfing conditions in the country are as remarkable as the spectacular coastline itself and as if nature has designed the New Zealand coastline with surfers in mind.
Tauranga, Dunedin, Shipwreck Bay, Te Arai, Piha, Muriwai, Whangapoua Bay, Manu Bay, Surf Highway 45, and Lyall Bay are some of the most iconic surf beaches in New Zealand.
New Zealand Surfing Equipment Market Product Outlook (Revenue, USD Million , 2016-2028)
Surfing Boards
Apparels & Accessories
New Zealand Surfing Equipment Market Distribution Channel Outlook (Revenue, USD Million , 2016-2028)
Online
Offline
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Target buyers of Surfing Equipment Market Outlook databook
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Horizon Databook provides a detailed overview of country-level data and insights on the New Zealand Surfing Equipment Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into New Zealand Surfing Equipment Market Outlook from 2016 to 2028, including revenue numbers, major trends, and company profiles.
New Zealand Surfing Equipment Market, 2016-2028 (US$M)