
Surfboard Market – Growth Assessment
The Surfboard Market is forecasted to witness a significant growth over the course of the forecast period according to a newly published report by Fact.MR. The study highlights the critical trends that are likely to mold the growth of the Surfboard Market in the forecast year 2017 to 2026. Further, the report introspects the various factors that are expected to influence the overall dynamics of the Surfboard Market.
The report is an essential tool for stakeholders, upcoming market players, established companies, and investors who are looking to establish a strong presence in the Surfboard Market landscape. A detailed understanding of the raw material suppliers, vendors, manufacturers, and other components of the supply chain is provided in report.
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Key Takeaways from the Report
- Current and future prospects of the Surfboard market in over the forecast period 2017 to 2026
- Opportunity analysis for investors and market players in various regional markets
- Regulatory and government policy framework relevant to the Surfboard Market
- Mergers, acquisitions, collaborations, and partnerships in the Surfboard Market
- Growth potential of the emerging market players in the Surfboard Market
The report caters to the following questions related to the Surfboard Market:
- What is the anticipated value of the Surfboard market in 2029?
- Who are the leading market players in the Surfboard Market in region 1 and region 2?
- Which region is expected to witness the highest growth in terms of value during the forecast period?
- How are market players in the Surfboard Market adjusting to the economic slowdown worldwide?
- Which country in region 3 is expected to have a majority of the market share during the assessment period?
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Competitive Landscape
In the competitive landscape section of the surfboard market report, readers can find a dashboard view of the market players operating in the global landscape of the surfboard market. The section also delivers information on the company profiles that covers product offerings, market size, global presence and notable developments of the key surfboard market players.
Few of the profiled players in the surfboard market include Channel Islands Surfboards, Firewire Surfboards, GSI, Agit Global, BIC Sports, Billabong International, BruSurf, Greco Surf, Hydenshapes, Infinity Surfboards, Keeper Sports Products, Mt Woodgee Surfboards, NSP, Yuan Sports, and Quiksilver.
Manufacturers in the surfboard market are leveraging multiple marketing approaches to increase sales revenue. The surfboard marketplace is also witnessing a significant number of acquisition activities among prominent players.
In September 2018, Channel Island Surfboard opened a new store in Santa Monica. The company also initiated a partnership with Stab and Dane Reynolds to screen Channel’s new surf film which gave exposure to its 10 tripped out surfboards, including the latest Neck Beard 2 model.
In April 2018, Boardriders, Inc., a global action sports and lifestyle company completed the acquisition of Billabong International Limited, a leading provider of surfboards. The acquisition is aimed at establishing one of the leading action sports company with an extensive reach of e-commerce platform and retail stores.
In November 2018, BIC Group received an offer from Tahe Outdoors to acquire BIC Sports, BIC’s water sports subsidiary which is a pioneering player in the surfing, kayaking, junior racing dinghies and stand up paddleboarding.
For full coverage of the competitive landscape, get in touch with our experts.
Definition
A surfboard is an elongated platform used in the sport of surfing. The surfboard has a light-weight yet sturdy structure that supports an individual standing on it while riding the ocean wave. Originally designed from wood, modern surfboards are made of polyurethane or polystyrene foam. Different types of surfboards including shortboard, longboard, funboards, foam board and others can be found in the surfboard market.
About the Report
Fact.MR has compiled a report on the surfboard market and published a report titled, “Surfboard Market Forecast, Trend Analysis & Competition Tracking – Global Market insights 2017 to 2026.” The report covers all the important insights, market drivers, trends, challenges and future opportunities prevailing in the surfboard market.
Additional Questions Answered
In addition to the aforementioned insights, the surfboard market report covers information on all the important market facets and answer some of the bemusing questions of the business professional interested in the surfboard market.
- Considering distinct demand from specific regions, which region will present good opportunities for the surfboard market during the forecast period?
- Which material of the surfboard is expected to witness high demand in surfboard market during the forecast period?
- Which sales channel is highly preferred by buyers for the purchase of surfboards in the surfboard market?
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