Middle East & Africa Surfing Apparel And Accessories Market Size & Outlook
Middle East & Africa surfing apparel and accessories market, 2017-2030 (US$M)
Related Markets
MEA surfing apparel and accessories market highlights
- The MEA surfing apparel and accessories market generated a revenue of USD 216.1 million in 2022.
- The market is expected to grow at a CAGR of 3.8% from 2023 to 2030.
- In terms of segment, apparels was the largest revenue generating product in 2022.
- Accessories is the most lucrative product segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2022 | USD 216.1 million |
| Market revenue in 2030 | USD 291.7 million |
| Growth rate | 3.8% (CAGR from 2022 to 2030) |
| Largest segment | Apparels |
| Fastest growing segment | Accessories |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Apparels, Accessories |
| Key market players worldwide | Billabong, Hurley, O'Neill, RVCA, Globe International, Reef, Roxy, Quiksilver, Volcom, Curl |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.4% of the global surfing apparel and accessories market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 5,050.2 million by 2030.
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Surfing Apparel And Accessories Market Scope
Surfing Apparel And Accessories Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa surfing apparel and accessories market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to surfing apparel and accessories market will help companies and investors design strategic landscapes.
Apparels was the largest segment with a revenue share of 88.52% in 2022. Horizon Databook has segmented the Middle East & Africa surfing apparel and accessories market based on apparels, accessories covering the revenue growth of each sub-segment from 2017 to 2030.
This region accounts for a low share in the surfing apparel and accessories industry. Major reasons for this low market share and revenue are lack of natural resources and water bodies to support surfing, low participation rates, a limited number of surfing facilities available, and low awareness among the regional population regarding surfing as a sports event.
However, several steps are being taken to develop surf culture in this region. Several countries in the Middle East and Africa, such as Morocco, Egypt, and the UAE, have developed surf spots and surfing communities in the recent years.
The small market share in terms of surfing apparel segment is attributed to the lack of water sports infrastructure in the region as well as the low participation rate in surfing as compared to the other regions in the globe.
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Target buyers of Middle East & Africa surfing apparel and accessories market databook
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Our clientele includes a mix of surfing apparel and accessories market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa surfing apparel and accessories market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa surfing apparel and accessories market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa Surfing Apparel And Accessories Market Outlook Share, 2022 & 2030 (US$M)
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