Market Overview:
The global shortboard surfboard market is expected to register a CAGR of 5.5% during the forecast period, 2018-2030. The market growth can be attributed to the increasing popularity of surfing as a recreational activity and rising disposable income levels in emerging economies. In terms of type, the polyurethane boards segment is expected to account for a major share of the global shortboard surfboard market during the forecast period. This can be attributed to their high durability and resistance to damage caused by extreme weather conditions. In terms of application, online sales are projected to grow at a higher rate than offline sales during the forecast period.
Product Definition:
A shortboard surfboard is a style of board that is typically narrower and shorter than a longboard. This type of board allows the surfer to perform more advanced maneuvers.
Polyurethane Boards:
PUB is a type of foamed plastic, which is produced by the reaction between polyols and urethane. PUB boards are used in shortboard surfboards for their strength and durability. The boards made from PUB have higher breaking points than glass-reinforced nylon or fiberglass making them suitable for heavy surfing as well as lighter waves.
Balsa Boards:
Balsa wood is a very light and soft wood, which has high strength and durability. It is used in the manufacturing of surfboards due to its lightweight property. The grain pattern in balsa wood makes it stronger as the grains act like mini-braceslets holding the boards together. Balsa also has natural anti-corrosion coating which makes it water resistant; hence making it suitable for use in surfing applications.
Application Insights:
The online sales segment dominated the global shortboard surfboard market in 2017, accounting for a share of over 60.0% in terms of revenue. The growth can be attributed to the easy availability of products through online channels at affordable prices coupled with a high demand for surfing equipment among beginners and intermediate surfers across the globe.
Offline sales accounted for 39.0% share in 2017 and are expected to grow at a significant rate over the forecast period owing to increased penetration by major retail outlets, which has resulted in an increase in product awareness among consumers as well as retailers who are promoting their products through various marketing campaigns such as ¢â‚¬Å“Surf's Up¢â‚¬.
Regional Analysis:
North America dominated the global shortboard surfboard market in 2017. The region is expected to witness a significant growth rate of over 6% from 2018 to 2030. This can be attributed to the increasing popularity of stand-up paddle boarding and growing awareness regarding health & fitness in U.S and Canada as a result of various campaigns by organizations like Paddle for Parkinson's, Stand Up For Mental Health, Surfing USA, Surfing Canada among others. These organizations create awareness about benefits associated with surfing such as stress reduction, physical activity etc., which leads to an increase in sales of shortboards for surfing purposes across North America region.
Asia Pacific is anticipated to register the fastest CAGR from 2018 till 2030 owing its large population base preferring water sports activities including swimming, kayaking.
Growth Factors:
- Increasing popularity of surfing as a recreational activity
- Rising disposable income of the population in developed countries
- Growing demand for eco-friendly and sustainable surfboards
- Proliferation of online retail platforms for surfboards and related gear
- Introduction of innovative technologies in the manufacture of surfboards
Scope Of The Report
Report Attributes
Report Details
Report Title
Shortboard Surfboard Market Research Report
By Type
Polyurethane Boards, Balsa Boards, Hollow Wooden Boards, Others
By Application
Online Sales, Offline Sales
By Companies
Quiksilver, Hobie, Rusty Surfboards, Xanadu Surfboards, Haydenshapes, Boardworks Surf, Firewire Surfboards, Surftech, McTavish Surfboards, Keeper Sports, TAHE
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
152
Number of Tables & Figures
107
Customization Available
Yes, the report can be customized as per your need.
Global Shortboard Surfboard Market Report Segments:
The global Shortboard Surfboard market is segmented on the basis of:
Types
Polyurethane Boards, Balsa Boards, Hollow Wooden Boards, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Online Sales, Offline Sales
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Quiksilver
- Hobie
- Rusty Surfboards
- Xanadu Surfboards
- Haydenshapes
- Boardworks Surf
- Firewire Surfboards
- Surftech
- McTavish Surfboards
- Keeper Sports
- TAHE
Highlights of The Shortboard Surfboard Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Polyurethane Boards
- Balsa Boards
- Hollow Wooden Boards
- Others
- By Application:
- Online Sales
- Offline Sales
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Shortboard Surfboard Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Shortboard surfboards are typically shorter than regular surfboards, making them easier to maneuver in smaller waves. They're also designed for more advanced riders who want a board that's versatile and easy to control.
Some of the major companies in the shortboard surfboard market are Quiksilver, Hobie, Rusty Surfboards, Xanadu Surfboards, Haydenshapes, Boardworks Surf, Firewire Surfboards, Surftech, McTavish Surfboards, Keeper Sports, TAHE.
The shortboard surfboard market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Shortboard Surfboard Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Shortboard Surfboard Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Shortboard Surfboard Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Shortboard Surfboard Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Shortboard Surfboard Market Size & Forecast, 2018-2028 4.5.1 Shortboard Surfboard Market Size and Y-o-Y Growth 4.5.2 Shortboard Surfboard Market Absolute $ Opportunity
Chapter 5 Global Shortboard Surfboard Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Shortboard Surfboard Market Size Forecast by Type
5.2.1 Polyurethane Boards
5.2.2 Balsa Boards
5.2.3 Hollow Wooden Boards
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Shortboard Surfboard Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Shortboard Surfboard Market Size Forecast by Applications
6.2.1 Online Sales
6.2.2 Offline Sales
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Shortboard Surfboard Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Shortboard Surfboard Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Shortboard Surfboard Analysis and Forecast
9.1 Introduction
9.2 North America Shortboard Surfboard Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Shortboard Surfboard Market Size Forecast by Type
9.6.1 Polyurethane Boards
9.6.2 Balsa Boards
9.6.3 Hollow Wooden Boards
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Shortboard Surfboard Market Size Forecast by Applications
9.10.1 Online Sales
9.10.2 Offline Sales
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Shortboard Surfboard Analysis and Forecast
10.1 Introduction
10.2 Europe Shortboard Surfboard Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Shortboard Surfboard Market Size Forecast by Type
10.6.1 Polyurethane Boards
10.6.2 Balsa Boards
10.6.3 Hollow Wooden Boards
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Shortboard Surfboard Market Size Forecast by Applications
10.10.1 Online Sales
10.10.2 Offline Sales
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Shortboard Surfboard Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Shortboard Surfboard Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Shortboard Surfboard Market Size Forecast by Type
11.6.1 Polyurethane Boards
11.6.2 Balsa Boards
11.6.3 Hollow Wooden Boards
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Shortboard Surfboard Market Size Forecast by Applications
11.10.1 Online Sales
11.10.2 Offline Sales
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Shortboard Surfboard Analysis and Forecast
12.1 Introduction
12.2 Latin America Shortboard Surfboard Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Shortboard Surfboard Market Size Forecast by Type
12.6.1 Polyurethane Boards
12.6.2 Balsa Boards
12.6.3 Hollow Wooden Boards
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Shortboard Surfboard Market Size Forecast by Applications
12.10.1 Online Sales
12.10.2 Offline Sales
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Shortboard Surfboard Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Shortboard Surfboard Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Shortboard Surfboard Market Size Forecast by Type
13.6.1 Polyurethane Boards
13.6.2 Balsa Boards
13.6.3 Hollow Wooden Boards
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Shortboard Surfboard Market Size Forecast by Applications
13.10.1 Online Sales
13.10.2 Offline Sales
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Shortboard Surfboard Market: Competitive Dashboard
14.2 Global Shortboard Surfboard Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Quiksilver
14.3.2 Hobie
14.3.3 Rusty Surfboards
14.3.4 Xanadu Surfboards
14.3.5 Haydenshapes
14.3.6 Boardworks Surf
14.3.7 Firewire Surfboards
14.3.8 Surftech
14.3.9 McTavish Surfboards
14.3.10 Keeper Sports
14.3.11 TAHE