PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1103047
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1103047
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Global Surfing Boards Market to Reach $3.2 Billion by 2027
In the changed post COVID-19 business landscape, global market for Surfing Boards estimated at US$2.2 Billion in the year 2020, is projected to reach a revised size of US$3.2 Billion by 2027, growing at a CAGR of 5.8% over the analysis period 2020-2027. Shortboards, one of the segments analyzed in the report, is projected to record a 6.1% CAGR and reach US$2.1 Billion by the end of the analysis period.
The U.S. Market is Estimated at $967.9 Million, While Europe is Forecast to Grow at 5.4% CAGRSurfing Boards market in the U.S. is estimated at US$967.9 Million in the year 2020 and is forecast to reach US$2.4 Billion growing at a CAGR of 5.8% over the analysis period. Europe is forecast to reach a projected market size of US$840.9 Million by the year 2027 trailing a CAGR of 5.4% over the analysis period 2020-2027. Among the other noteworthy geographic markets are Asia-Pacific and Japan, each forecast to grow at 6.5% and 5.2% respectively over the analysis period.
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