Windsurf Boards Market
Windsurf Boards Market Global Industry Assessment & Forecast
#
Pages:
180
2021
Nov - 2021
VMR-2021-0435
Segments Covered
By
Type 3-Batten, 4-Batten, 5-Batten, Others
-
By
Application For Beginners, For Professionals
-
By
Price Range Economy, Mid-Range, Premium, Super-Premium
-
By
Sport Stores, Franchised Stores, Specialty Stores, Online
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
4812.7 Million |
 Revenue 2028:
|
7274.71 Million |
 Revenue CAGR
(2021 - 2028): |
5.3 |
Fastest Growing Region (2022 -
2028)
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Type Analysis: Preview On the basis of Type,
the market is segmented into 3-Batten, 4-Batten, 5-Batten, Others. 4-Batten held the
highest share in 2020 and is expected to grow at a significant rate over the
forecast period. This is attributed to the rising demand for the 4-Batten
in developing countries such as China and India. Digitalization in Asia Pacific
region has led to a surge in the usage of technology in various business
processes over the past few years. Rising adoption of online platforms across
various sectors along with analytical solutions, IoT, AI, and Blockchain
technology to gain a competitive advantage is also paving the way for the Windsurf Boards
market growth. Application
Analysis: Preview
Based on Application,
the market is segmented into For Beginners, For Professionals. For Professionals held the
largest share and is projected to grow at a notable CAGR over the coming years.
Rising demand for Windsurf Boards in various countries
such as the U.S., Germany, China, India, and Japan, among others is likely to
support the growth of the market. Numerous companies are focusing on investing
heavily in this application to cater the end user requirements effectively.
Global Windsurf Boards Market: Type Segment Analysis
-
- 3-Batten
- 4-Batten
- 5-Batten
- Others
Global Windsurf Boards Market: Application Segment Analysis
-
- For Beginners
- For Professionals
Global Windsurf Boards Market: Price Range Segment Analysis
-
- Economy
- Mid-Range
- Premium
- Super-Premium
Global Windsurf Boards Market: Segment Analysis
-
- Sport Stores
- Franchised Stores
- Specialty Stores
- Online
FAQ
Frequently Asked Question
What is the global demand for Windsurf Boards in terms of revenue?
-
The global Windsurf Boards valued at 4812.7 Million in 2020 and is expected to reach 7274.71 Million in 2028 growing at a CAGR of 5.3%.
Which are the prominent players in the market?
-
The prominent players in the market are Simmer, F2, JP Australia, BIC SPORT CORE, Kona Windsurfing, RICCI INTERNATIONAL, Lorch Boards, Fanatic, Tabou, Naish, Exocet..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 5.3% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Windsurf Boards include
- The rapid change in currents of the sea-waves and importance of having an appropriate windsurfing equipment are expected to boost the demand of the global windsurf boards market during the forecast period.
- Some of the other factors that boost the market growth also includes the growth in marine tourism as well as the combination of sailing and surfing in the windsurfing. Additionally, the integration and innovation of new sensors with technologies for the safety surfersare is expected to offer a huge market growth.
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Windsurf Boards in 2020.
