PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1130918
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1130918
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Global Surfing Market to Reach $4.8 Billion by 2027
In the changed post COVID-19 business landscape, global market for Surfing estimated at US$3.6 Billion in the year 2020, is projected to reach a revised size of US$4.8 Billion by 2027, growing at a CAGR of 4.1% over the analysis period 2020-2027. Surfing Boards, one of the segments analyzed in the report, is projected to record a 4.3% CAGR and reach US$3.3 Billion by the end of the analysis period.
The U.S. Market is Estimated at $1.5 Billion, While Europe is Forecast to Grow at 3.7% CAGR Surfing market in the U.S. is estimated at US$1.5 Billion in the year 2020 and is forecast to reach US$2.1 Billion growing at a CAGR of 4.1% over the analysis period. Europe is forecast to reach a projected market size of US$1.2 Billion by the year 2027 trailing a CAGR of 3.7% over the analysis period 2020-2027. Among the other noteworthy geographic markets are Asia-Pacific and Japan, each forecast to grow at 4.7% and 2.9% respectively over the analysis period.
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