U.S. Surfing Equipment Market Size & Outlook, 2020-2028
- Consumer Goods
- Sporting Goods
- Surfing Equipment Market Outlook
- Sporting Goods
U.S. Surfing Equipment Market, 2016-2028 (US$M)
Global Market
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U.S. surfing equipment market highlights
- The U.S. surfing equipment market generated a revenue of USD 1,545.2 million in 2020 and is expected to reach USD 2,109.5 million by 2028.
- The U.S. market is expected to grow at a CAGR of 4% 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 1,545.2 million |
| Market revenue in 2028 | USD 2,109.5 million |
| Growth rate | 4% (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, U.S. accounted for 39.8% 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 North America, U.S. surfing equipment market is projected to lead the regional market in terms of revenue in 2028.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 2,109.5 million by 2028.
According to Surfer Insurance, there are 1.73 million people in the U.S. who participate in surfing at least once a year and the country has almost 252 surfing spots (according to Surfing Waves). There has been an increase in surfing post the first wave of the pandemic, as the sport is a socially distanced activity.
The sport is not inexpensive, but the local manufacturers have stated that there has been an increase in demand for surfboards. According to manufacturers, the sales for beginner surfboards such as foamboards have increased during the pandemic.
However, due to several restrictions, the logistics are not efficient and manufacturers and retailers are unable to fulfill the demand. Some retailers in June 2020 were still waiting on orders from April and May 2020.
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 |
U.S. 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 68.58% in 2020.
Horizon Databook has segmented the U.S. surfing equipment market based on surfing boards, apparels & accessories covering the revenue growth of each sub-segment from 2016 to 2028.
According to Surfer Insurance, there are 1.73 million people in the U.S. who participate in surfing at least once a year and the country has almost 252 surfing spots (according to Surfing Waves). There has been an increase in surfing post the first wave of the pandemic, as the sport is a socially distanced activity.
The sport is not inexpensive, but the local manufacturers have stated that there has been an increase in demand for surfboards. According to manufacturers, the sales for beginner surfboards such as foamboards have increased during the pandemic.
However, due to several restrictions, the logistics are not efficient and manufacturers and retailers are unable to fulfill the demand. Some retailers in June 2020 were still waiting on orders from April and May 2020.
- U.S. Surfing Equipment Market Product Outlook (Revenue, USD Million , 2016-2028)
- Surfing Boards
- Apparels & Accessories
- U.S. Surfing Equipment Market Distribution Channel Outlook (Revenue, USD Million , 2016-2028)
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- Offline
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. Surfing Equipment Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into U.S. Surfing Equipment Market Outlook from 2016 to 2028, including revenue numbers, major trends, and company profiles.
U.S. Surfing Equipment Market, 2016-2028 (US$M)
U.S. surfing equipment market statistics, by product, 2016-2028 (US$M)
