Global Surfing Apparel & Accessories Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2029
“Global Surfing Apparel & Accessories Market” is the title of an upcoming report offered by MarketResearch.Biz. The report contains information and data, and inputs from both primary and secondary data sources, that have been verified and validated by experts in the target market. The report presents a thorough study of revenues, historical data, and information, key developments, and strategies by major players that offer vital insights and perspectives in to various scenarios market. Besides critical data and related information, the report includes key trends (both present and future), factors that are driving market growth, factors that are or could be potential restraints to market growth, as well as opportunities that can be leveraged for potential revenue generation in untapped regions and countries. It also covers threats or challenges for existing as well as new entrants in the market. The global surfing apparel & accessories market has been segmented on the basis of product, distribution channel, as well as regions and countries.
Surfing apparel & accessories refers to the outerwear worn by individuals who surf and the items that contribute to make their ensemble seam more complete. These products are styled and crafted to make them most appropriate for individuals a beachside environment.
The growing attention that surfing is garnering across the globe, not just as an adventure sport, but as a lifestyle, among enthusiasts and hobbyists alike, is a primary factor that is expected to have a significant impact on the revenue growth of the global surfing apparel & accessories market in the coming years.
Additionally, numerous initiatives being undertaken by key industry players and surfing associations around the world to get individuals comfortable with being in the water and on a surfboard is leading to more people developing an interest in this sport, and the merchandise that comes with it as well. This is expected to have an impressionable impact on the revenue growth of the global surfing apparel & accessories market in the foreseeable future. Moreover, the increasing application of innovative technologies, such as artificial surf pools which have had a positive reception from individuals across all demographics, are also expected to continue to bolster future market growth for this industry.
Due to the increasing penetration of the internet, key market players have collaborated with several e-commerce channels to further expand their market footprint by achieving higher sales is another factor that is contributing to the future revenue growth of the global surfing apparel & accessories market. The convenience of online shopping coupled with home delivery, and the addition of value-added discounts offered by service providers are some of the benefits individuals can avail online.
Segmentation of the global surfing apparel & accessories market is as follows:
On the basis of products, the surf apparel segment accounted for the highest number of revenue shares of the global surf apparel & accessories market in 2019. The development of eco-friendly clothing, and the use of innovative fabrics and high-performing materials are some of the factors that are contributing to the increasing growth of this segment. The surfing accessories segment is slated to expand at the fastest rate of revenue growth over the next decade due to an expected spike in the demand for these products in the coming years.
With respect to distribution channel, the offline distribution channel accounted for the highest number of revenue shares of the global surfing apparel & accessories market in 2019, due to the increasing number of brick-and-mortar stores being setup across the world, and the change in preferences for consumers to physically examine a product before making a purchase.
The online distribution channel segment is anticipated to expand at the fastest rate pf revenue growth over the next 10 years, due to factors such as the increased convenience when shopping online, a wider range of available products, the increasing penetration of the internet, and the additional value-added discounts being offered by service providers.
Regional Segmentation and Analysis:
North America accounted for the highest number of revenue shares of the global surf apparel & accessories market in 2019, owing to the large presence of key industry players, as well as the presence of a well-established surfing sport infrastructure in this region.
However, the markets in the Asia Pacific are anticipated to register the fastest rate of revenue growth over the next decade, due to expanding geographical presence of key industry players, as well as the change in consumer preferences towards surfing.
Segmentation of the Global Surfing Apparel & Accessories Market:
Segmentation by Product:
- Surf Apparel
- Surf Accessories
Segmentation by Distribution Channel:
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- Quicksilver Inc.
- Hurley Inc.
- Volcom LLC.
- Globe International
- Reef Sports
- Roxy Inc.
- Ripcurl Ltd.
- Oakley Inc.
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