Market Research Reports

According to IMARC Group’s latest report, titled “ Surfboard Market Trends , Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global surfboard market grew at a CAGR of 7% during 2014-2019 and is expected to continue its moderate growth during 2020-2025. A surfboard is a light yet sturdy elongated platform that supports a surfer while riding ocean waves. Commonly made from materials like Styrofoam, balsa wood, polyurethane and fiberglass, it is available in the market in a vast array of shapes, sizes and designs. The increasing interest of individuals in surfing as a recreational as well as professional sports activity has propelled the demand for surfboards across the globe.  The surfboard market is primarily driven by the escalating number of surfing competitions and the growing trend of surf tourism. Along with this, the launch of electric surfboards is anticipated to provide an impetus to the market growth. These variants allow surfers to enjoy surfing in the absenc...