Report Overview

Rapid adoption of technological advancements and eco-friendly materials, rising surf tourism, adaptive surfing popularity, and increased interest in recreational and professional surfing are expected to boost the growth of United States Surfboard Market during the forecast period between 2024 and 2030

United States Surfboard Market – Industry Trends & Forecast Report, 2030

United States Surfboard Market size by value was estimated at USD 1.37 billion in 2023. During the forecast period between 2024 and 2030, United States Surfboard Market size is expected to expand at a CAGR of 3.98% reaching a value of USD 1.8 billion by 2030. United States Surfboard Market is driven by several factors. Technological advancements have led to the development of high-performance and durable surfboards. There's a growing trend towards eco-friendly materials, appealing to environmentally conscious consumers. The rise in surf tourism and the popularity of adaptive surfing have expanded the market. Additionally, increased interest in both recreational and professional surfing, supported by surf schools and competitions, has boosted demand. These factors collectively contribute to the market's growth and diversification.

Surfboards – Overview

A surfboard is a narrow, buoyant plank used in surfing to ride ocean waves. Originating in ancient Hawaii, where they were called "papa he'e nalu," surfboards were traditionally made from local woods like koa. Modern surfboards are crafted from materials such as foam, fiberglass, and epoxy, offering a balance of strength and lightness. Key components include the deck, bottom, rails, nose, and tail, each influencing the board's performance and maneuverability. Surfboards come in various shapes and sizes to suit different surfing styles.

United States Surfboard Market

Segmental Information

Growing Tourism Industry

The thriving tourism industry significantly boosts the growth United States Surfboard Market. Coastal destinations are increasingly popular among tourists, leading to a surge in surf tourism. This influx of visitors drives demand for surfboards, surf schools, and related services. Additionally, the promotion of surfing as a recreational activity by tourism boards and the hosting of international surfing competitions attract more enthusiasts, further propelling market growth.

Challenges

Competition from other Water Sports

United States Surfboard Market faces significant competition from other water sports such as paddleboarding, kayaking, and windsurfing. These activities attract a diverse range of enthusiasts, often diverting potential surfers. Additionally, the growing popularity of these alternative water sports, supported by extensive marketing and availability of equipment, poses a challenge to the surfboard market. This competition can limit market growth as consumers explore and invest in various water-based recreational activities.

Impact of Escalating Geopolitical Tensions on United States Surfboard Market

Further intensity and spread of geopolitical tensions among countries across the major regions could  significantly affect United States Surfboard Market. Trade disruptions and increased tariffs on raw materials like foam and fiberglass may raise production costs. Supply chain interruptions may lead to delays and shortages, affecting the availability of surfboards. Additionally, economic instability can reduce consumer spending on non-essential items, including recreational equipment like surfboards. Travel restrictions and heightened security concerns might also deter surf tourism, further impacting market demand. Overall, geopolitical instability introduces uncertainty, which can hinder market growth and profitability.

United States Surfboard Market

Segmental Information

United States Surfboard Market – By Product Type

By product type, United States Surfboard Market is divided into Shortboards, Longboards, Fish Boards, Gun Boards, and other segments. The shortboards segment holds the largest market share of United States Surfboard Market by product type. Shortboards are favored for their maneuverability, speed, and suitability for performing advanced tricks, making them the go-to choice for competitive and experienced surfers. Their compact design allows for enhanced control of powerful waves, contributing to their popularity. Additionally, the growing number of surf competitions and an increasing interest in high-performance surfing have further driven the demand for shortboards over other types of surfboards.

United States Surfboard Market – By Material Type

On the basis of material type, United States Surfboard Market is divided into Polyurethane, Balsa Wood, and other segments. The polyurethane surfboards segment is the largest material type of United States Surfboard Market. Polyurethane boards are favored for their durability, versatility, and affordability, making them the most widely used type by both amateur and professional surfers. These boards offer excellent performance in a variety of surf conditions and are easier to manufacture compared to alternatives like balsa wood. Their popularity stems from their balance of weight, flexibility, and price, making them the dominant choice in United States Surfboard Market.

United States Surfboard Market – By Application

Based on application, United States Surfboard Market is divided into Recreational and Professional segments. The recreational segment holds a larger market share of United States Surfboard Market by application, due to a high number of casual surfers and beginners who purchase boards for leisure and personal use. Recreational surfers represent a broader demographic than professional surfers, leading to increased demand for entry-level and intermediate boards. Moreover, the popularity of surfing as a lifestyle activity and vacation sport contributes to the segment's continued growth over professional surfboards.

Competitive Landscape

Key players in the highly competitive United States Surfboard Market include Solid Surfboards, Lost Surfboards, Firewire Surfboards, Orca, Gordon & Smith (G&S), Rusty Surfboards, Harbour Surfboards, USA Surfboard Shapers, and Blueprint Surf Company. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Scope of the Report

By Product Type

• Shortboards

• Longboards

• Fish Boards

• Gun Boards

• Others

By Material Type

• Polyurethane

• Balsa Wood

• Others

By Distribution Channel

• Online

• Offline

 By Application

• Recreational

• Professional