With a projected share of US$ 9.5 billion in 2022, the worldwide surfing tourism market is expected to grow at a compound annual growth rate (CAGR) of 6% from 2022 to 2032, when it is expected to reach US$ 17.1 billion.
Being a great cardiovascular exercise, the demand for surfing tourism is surging. Since this sport needs excessive paddling which turns out to be a good core workout, offering surfers intense upper body exercise.
With an impeccable growing rate, surfing has become a prominent action sport in the world and emerged as one of the most progressive tourism industries in the world, positively influencing the surfing tourism market outlook.
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Key Takeaways
- The option of surfing tourism is on the surge as it is considered a great stress reliever and a fun activity which helps in reducing the negative effects of stress.
- The increasing inclination of many health-conscious enthusiasts towards participating in surfing has been attributed to the surging demand for surfing tourism.
- While surfing the body gets in touch with sunlight delivering adequate vitamin D along with regulating the amount of calcium and phosphorus in the body. Backed by such health benefits surfing tourism market is witnessing exponential growth.
- According to several medical studies, surfing also helps in improving the quality of sleep, reducing mental stress, and reshaping the seep cycle which is expected to drive growth in the surfing tourism market.
- As per several medical studies, salt water is a natural healer of injuries and frequent contact with sea water can aid in the prevention of injuries both on and off the surfboard, catering to the growing demand for surfing tourism.
- The United States has the largest market for surfing tourism, greatly contributing to the growing share of North America which is predicted to hold 20% of the surfing tourism market share.
Competitive Landscape
- AGIT Global North America, Inc.
- AJW Surfboard Boardriders, Inc.
- Body Glove
- BruSurf
- CANNIBAL SURFBOARDS
- Channel Islands Surfboards
- Firewire Surfboards, LLC
- Global Surf Industries
- Globe International Limited
- Gul Watersports Ltd.
- Harbour Surfboards
- Hydenshapes
- Infinity Surfboards Inc.
- JS Industries
- Keeper Sports Products, LLC
- Mt Woodgee Surfboards
- Naish International NSP International
- O’Neill
- Rip Curl International Pty Ltd.
- Rusty Surfboards
- Tahe Outdoors Ltd.
- Volcom, LLC
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Key Segmentation
By Tour Type:
- Domestic
- International
By Consumer Orientation:
- Men
- Women
By Tourist Type:
- Independent Traveler
- Tour Group
- Package Traveler
By Age Group:
- 26-35 Years
- 36-45 Years
- 46-55 Years
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- MEA
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