KD Market Insights (KDMI) recently published market research report on the Global Surfboard market, this market research report provides detailed analysis of market drivers, challenges, opportunity analysis, and trends, along with various key insights into the market research report. The report on global Surfboard market demonstrates the important aspects that are anticipated to shape the growth of the market over the forecast period. The study also includes the analysis of the market size & forecast for the different segments and geographies.
The global Surfboard market is anticipated to reach at a notable value by the end of 2025. The market is envisioned to grow at a considerable CAGR over the forecast period i.e. 2020-2025. In the past years, the market has grown at a significant rate and is projected to showcase a lucrative growth in the upcoming years.
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The growth of this market is attributed towards a combination of major relying factors including the increasing awareness about the benefits of adaptive surfing as a vital therapeutic tool, rising participation of women in water sports activities, increasing spending on recreational and leisure activities by people worldwide etc.
The study for global Surfboard market covers the key market growth indicators such as value and supply chain analysis, year-on-year (Y-o-Y) growth and compounded annual growth rate (CAGR), in the KDMI’s research report along with macroeconomic indicators & forecast factors. Also, the analysis of Porter’s Five Forces demonstrates the five forces which include buyers bargaining power, suppliers bargaining power, the threat of new entrants, the threat of substitutes, and degree of competition in the global Surfboard market.
Impact of Coronavirus Disease (COVID-19) on Global Surfboard Market
The coronavirus or COVID-19 (formerly 2019-nCoV) broke out in December 2019, which has been imposed as a medical emergency worldwide. More than 213 countries and territories have reported cases of coronavirus to date. On 11th March 2020, the World Health Organization (WHO) declared the COVID-19 a pandemic officially. The study explains the impact of coronavirus disease (COVID-19) on global Surfboard market, covering the following points:
- Impact analysis of COVID-19 on the global Surfboard market in the upcoming years.
- Detailed research regarding each region & countries will be listed, to identify the issues caused by the coronavirus disease on the market.
- Strategies adopted by the major & prominent market players in order to survive in the situation of COVID-19 lockdown.
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Key Insights Covered in the Global Surfboard Market Report
Analysis of market including the market forecast, Y-o-Y growth and structure of the industry.
Leading market growth factors, market trends and upcoming opportunities driving the growth of the market.
Identifying the barriers & threats hindering the market growth.
Detailed analysis of major & prominent players in the market & also covering a comprehensive analysis of the company’s business and performance.
Various market activities covering the market research report including product launch, innovation, acquisition, expansion, technological advancement, research & development & other market activities.
Segment Outlook
The global Surfboard market is segmented (By Product, By Material, By End-user, By Distribution Channel and By Application). This market research report offers comprehensive data and information about the global Surfboard market dynamics & growth parameters related to these categories. Further, the market is sub-segmented as follows:
By Product:
Shortboards
Longboards
By Material:
Polyurethane (P.U.) Boards
Balsa Boards
Hollow Wooden Boards
Other
By End-user:
Recreational Users
Professional Users
By Distribution Channel:
Specialty Stores
Department Stores
Online Retail
Others
By Application:
Entertainment
Sport Competition
Other
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Regional Prospect
In terms of geography, the market for Surfboard is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In addition to this, further classification of market data and analysis of region into countries is covered in the report. Further, the geographies are fragmented into the regional & country groupings:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa and Rest of Middle East & Africa)
Competitive Landscape
The market research report on the global Surfboard market also provides the detailed strategic analysis of the company’s business and performance including the financial information, revenue breakup by segment and by geography, SWOT Analysis, key factors, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news and other market activities. The market research report also provides company’s positioning and market share of the major & niche key market players in global Surfboard market. In addition to this, the report also profiles various major & niche key market players in the global Surfboard market including:
Beachbeat Surfboards
Channel Island Surfboards
Global Surf Industries
Hobie Cat Company
INFINITY SURF
NSP Surfboard
Quiksilver Inc.
Xanadu Surfboards
Quiksilver
Rusty Surfboards
Xanadu Surfboards
Haydenshapes
Boardworks Surf
Firewire Surfboards
Surftech
McTavish Surfboards
Keeper Sports
True North Gear
Other Players
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A report has come out that gives an overview of the Global Surfboard industry along with a detailed explanation that provides plenty of insight.
The latest market research report on Global Surfboard Market by KD Market Insights is a data-driven research providing relevant statistics on the state of the industry and is an imperative source of guidance for interested companies and individuals.
The information provides a strong base for the market to be segmented into different segments.In addition to the above, the information is based on the partners that are highly competitive, key players as well as their market revenue in the forecast years of 2020 to 2025.
There is also a strong focus on product revenues, sales, product categories and even the products that are experiencing the most traction.
This segmentation has been followed with the goal of extracting insights into the Surfboard Market that are both detailed as well as accurate.By Product:ShortboardsLongboardsBy Material:Polyurethane (P.U.)
BoardsBalsa BoardsHollow Wooden BoardsOtherBy End-user:Recreational UsersProfessional UsersBy Distribution Channel:Specialty StoresDepartment StoresOnline RetailOthersBy Application:EntertainmentSport CompetitionOtherRegional Outlook:The Global Surfboard Market has been segmented into Latin America, North America, Asia Pacific, Europe, and the Middle East & Africa on the basis of region- North America (U.S. & Canada)- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe)- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand, and Rest of Asia Pacific)- Latin America (Brazil, Mexico, and Rest of Latin America)- Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East & Africa)Request/View TOC @ https://www.kdmarketinsights.com/product/6869/surfboard-marketResearch MethodologyThe report has its roots definitely set in thorough strategies provided by the proficient data analysts.
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Global Surfboard Market provides an in-depth insight into the global market covering all its important chapters which are must read for key industry stakeholders.
Report coverage include historical market performance, impact of COVID-19, post-covid scenario of market, forecast for six years, market dynamics including growth drivers, challenges, market opportunities, Porter’s five forces analysis, value chain analysis.
It offers a detailed analysis for establishing value chain and market product across other countries.
It also presents detailed insights of market segments, their future growth potential and analysis of countries.Request For Sample Reports@ https://www.kdmarketinsights.com/sample/6869Global Surfboard Market: Segmentation AnalysisThe segmentation analysis of the industry with market size forecast and trends are offered in the report.
BoardsBalsa BoardsHollow Wooden BoardsOtherBy End-user:Recreational UsersProfessional UsersBy Distribution Channel:Specialty StoresDepartment StoresOnline RetailOthersBy Application:EntertainmentSport CompetitionOtherGlobal Surfboard Market: Regional AssessmentGlobal Surfboard Market is regionally segmented as North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), Middle East & Africa (GCC, North Africa, South Africa, and Rest of Middle East & Africa).
The experts and advisors at KD Market Insights have adopted market projection methodologies to reach at results and anticipate the most dominating and growing regions during the forecast period.Competitive LandscapeThe major market players are focusing on making their offerings creative and increasing their reach across the globe.
