North America Surfing Equipment Market Size & Outlook
- Consumer Goods
- Sporting Goods
- Surfing Equipment Market Outlook
- Sporting Goods
North America Surfing Equipment Market, 2016-2028 (US$M)
Global Market
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North America surfing equipment market highlights
- The North America surfing equipment market generated a revenue of USD 1,828.2 million in 2020.
- The market is expected to grow at a CAGR of 4.2% 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, U.S. is expected to register the highest CAGR from 2021 to 2028.
North America data book summary
| Market revenue in 2020 | USD 1,828.2 million |
| Market revenue in 2028 | USD 2,538.8 million |
| Growth rate | 4.2% (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, North America region accounted for 47.1% 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.
The outbreak of COVID-19 led to several restrictions, for instance, gyms and other team sports were put on hold due to closures and social distancing policies. This led to increased participation in individual sports like surfing.
ActionWatch stated that there has been a perfect V-shaped recovery from an almost 80% decline in store sales in March. The sales for surf hardgoods like surfboards, leashes, and fins quadrupled to 113% in June 2020 from 25% in February 2020, and the growth continues to remain steady.
With all the development in wave pool technology, surfing will no longer be an ocean sport. In unusual, landlocked areas and countries, people will be able to learn and perfect their wave riding skills. This will drive the demand for surfing equipment and apparel.
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 |
North America 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 69.17% in 2020.
Horizon Databook has segmented the North America surfing equipment market based on surfing boards, apparels & accessories covering the revenue growth of each sub-segment from 2016 to 2028.
The outbreak of COVID-19 led to several restrictions, for instance, gyms and other team sports were put on hold due to closures and social distancing policies. This led to increased participation in individual sports like surfing.
ActionWatch stated that there has been a perfect V-shaped recovery from an almost 80% decline in store sales in March. The sales for surf hardgoods like surfboards, leashes, and fins quadrupled to 113% in June 2020 from 25% in February 2020, and the growth continues to remain steady.
With all the development in wave pool technology, surfing will no longer be an ocean sport. In unusual, landlocked areas and countries, people will be able to learn and perfect their wave riding skills. This will drive the demand for surfing equipment and apparel.
- North America Surfing Equipment Market Product Outlook (Revenue, USD Million , 2016-2028)
- Surfing Boards
- Apparels & Accessories
- North America 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 North America Surfing Equipment Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into North America Surfing Equipment Market Outlook from 2016 to 2028, including revenue numbers, major trends, and company profiles.
North America Surfing Equipment Market, 2016-2028 (US$M)
North America surfing equipment market statistics, by product, 2016-2028 (US$M)
