Market Overview:
The global Surfboard Fins market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the Surfboard Fins market can be attributed to the increasing demand for surfboards across the globe. Additionally, factors such as rising disposable income and growing popularity of surfing as a sport are also contributing to the growth of this market. The Surfboard Fins market can be segmented on the basis of type, application and region. On the basis of type, single fins accounted for majority share in 2017 and is expected to maintain its dominance during forecast period. Twin-fin surfboards are gaining popularity among consumers owing to their enhanced speed and maneuverability offered by them over single fin boards. On the basis of application, competition surfing accounted for majority share in 2017 and is expected to maintain its dominance during forecast period due To increasing number Of surf competitions being organized all over world .
Product Definition:
A surfboard fin is a structure on the bottom of a surfboard that helps the surfer control the board. Surfboard fins can be made from various materials, including plastic, fiberglass, and carbon fiber. Some fins are removable, while others are permanently attached to the board. Surfers use different types of fins for different purposes. For example, some surfers use large fins to help them generate speed and power through their turns, while others use smaller fins for more control and maneuverability.
Single Fin:
Single fin is a surfing device that is used to increase the control and stability of a surfboard. It helps in reducing the angle of attack and increases traction by decreasing the surface area that comes in contact with water. Single fins are available as concave or convex shapes, depending on their position on the surfboard. Convex single fin designs curve towards the tail end of a surfboard while its concave counterparts bulge towards front side of board.
Twin-Fin:
The twin-fin is a type of surfboard fin that has two distinctively shaped and sized blades. The design was originated in Australia, where it gained widespread popularity. It is commonly used by intermediate to advanced surfers as the double-sided blade provides better control over the waves than a single blade fin can.
The modern twin-fin emerged from an evolution in surfing technology, which saw designers take inspiration from fish fins to develop an efficient shape for enhancing balance.
Application Insights:
The competition segment dominated the global surfboard fins market in terms of revenue share in 2017. The segment is expected to witness significant growth over the forecast period due to rising participation and popularity sports among all age groups across the globe. Moreover, government initiatives and policies for promoting sports among youth along with improving overall fitness are likely to boost industry growth over the forecast period.
Surfers around the world have been using these products for years as a way of expressing their individuality through their boardshapes, designs, colors and brands. This has resulted in an increased demand for customized surfboards that can be used by individuals who have special needs or injuries that prevent them from participating on regular surfboards safely. These types of specialized boards are designed according to customer requirements and specifications so as to provide better stability while surfing as well as improve maneuverability during turns or maneuvers on waves.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% from 2018 to 2030 owing to increasing popularity of water sports and surfing as a leisure activity. Furthermore, presence of major manufacturers such as O'Neill, Hurley International LLC, Roxy surfboards and Billabong International Pty Ltd., will drive the regional market further.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing to growing interest in water sports & activities by people aged between 5-19 years old (toddler). In addition, increasing disposable income coupled with rising tourism industry will drive product demand in developing countries including China and India over next few years. Moreover, rise in competition surfing events held across Asia Pacific countries such as Philippines (2017), Indonesia (2018) and Japan (2019) are expected fuel regional growth further.
Growth Factors:
- Increasing demand for surfing as a recreational activity
- Growing popularity of surfboard fins among professional surfers
- Rising awareness about the benefits of using surfboard fins
- Technological advancements in the manufacturing of surfboard fins
- Growing number of online retailers selling surfboard fins
Scope Of The Report
Report Attributes
Report Details
Report Title
Surfboard Fins Market Research Report
By Type
Single Fin, Twin-Fin, Other
By Application
Competition, Entertainment
By Companies
Fin Control Systems (FCS), Rainbow Fins, Dorsal, Fins Unlimited, Fin Solutions, Red-X Fins, Speed Fins, Kinetik Racing, Turbo Tunnel
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Surfboard Fins Market Report Segments:
The global Surfboard Fins market is segmented on the basis of:
Types
Single Fin, Twin-Fin, Other
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
Competition, Entertainment
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:
- Fin Control Systems (FCS)
- Rainbow Fins
- Dorsal
- Fins Unlimited
- Fin Solutions
- Red-X Fins
- Speed Fins
- Kinetik Racing
- Turbo Tunnel
Highlights of The Surfboard Fins 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:
- Single Fin
- Twin-Fin
- Other
- By Application:
- Competition
- Entertainment
- 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 Surfboard Fins 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?
Surfboard fins are the appendages on a surfboard that help it move through the water. They are made of plastic, metal, or fiberglass and can be shaped in a variety of ways to improve performance.
Some of the key players operating in the surfboard fins market are Fin Control Systems (FCS), Rainbow Fins, Dorsal, Fins Unlimited, Fin Solutions, Red-X Fins, Speed Fins, Kinetik Racing, Turbo Tunnel.
The surfboard fins market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Surfboard Fins Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Surfboard Fins Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Surfboard Fins Market - Supply Chain
4.5. Global Surfboard Fins Market Forecast
4.5.1. Surfboard Fins Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Surfboard Fins Market Size (000 Units) and Y-o-Y Growth
4.5.3. Surfboard Fins Market Absolute $ Opportunity
5. Global Surfboard Fins Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Surfboard Fins Market Size and Volume Forecast by Type
5.3.1. Single Fin
5.3.2. Twin-Fin
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Surfboard Fins Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Surfboard Fins Market Size and Volume Forecast by Application
6.3.1. Competition
6.3.2. Entertainment
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Surfboard Fins Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Surfboard Fins Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Surfboard Fins Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Surfboard Fins Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Surfboard Fins Demand Share Forecast, 2019-2026
9. North America Surfboard Fins Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Surfboard Fins Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Surfboard Fins Market Size and Volume Forecast by Application
9.4.1. Competition
9.4.2. Entertainment
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Surfboard Fins Market Size and Volume Forecast by Type
9.7.1. Single Fin
9.7.2. Twin-Fin
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Surfboard Fins Demand Share Forecast, 2019-2026
10. Latin America Surfboard Fins Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Surfboard Fins Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Surfboard Fins Market Size and Volume Forecast by Application
10.4.1. Competition
10.4.2. Entertainment
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Surfboard Fins Market Size and Volume Forecast by Type
10.7.1. Single Fin
10.7.2. Twin-Fin
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Surfboard Fins Demand Share Forecast, 2019-2026
11. Europe Surfboard Fins Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Surfboard Fins Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Surfboard Fins Market Size and Volume Forecast by Application
11.4.1. Competition
11.4.2. Entertainment
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Surfboard Fins Market Size and Volume Forecast by Type
11.7.1. Single Fin
11.7.2. Twin-Fin
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Surfboard Fins Demand Share, 2019-2026
12. Asia Pacific Surfboard Fins Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Surfboard Fins Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Surfboard Fins Market Size and Volume Forecast by Application
12.4.1. Competition
12.4.2. Entertainment
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Surfboard Fins Market Size and Volume Forecast by Type
12.7.1. Single Fin
12.7.2. Twin-Fin
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Surfboard Fins Demand Share, 2019-2026
13. Middle East & Africa Surfboard Fins Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Surfboard Fins Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Surfboard Fins Market Size and Volume Forecast by Application
13.4.1. Competition
13.4.2. Entertainment
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Surfboard Fins Market Size and Volume Forecast by Type
13.7.1. Single Fin
13.7.2. Twin-Fin
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Surfboard Fins Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Surfboard Fins Market: Market Share Analysis
14.2. Surfboard Fins Distributors and Customers
14.3. Surfboard Fins Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Fin Control Systems (FCS)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Rainbow Fins
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Dorsal
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Fins Unlimited
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Fin Solutions
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Red-X Fins
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Speed Fins
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kinetik Racing
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Turbo Tunnel
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
