New Zealand Surfing Equipment Market Size & Outlook
New Zealand surfing equipment market, 2016-2028 (US$M)
Related Markets
New Zealand surfing equipment market highlights
- The New Zealand surfing equipment market generated a revenue of USD 176.7 million in 2020 and is expected to reach USD 262.7 million by 2028.
- The New Zealand market is expected to grow at a CAGR of 5.1% from 2021 to 2028.
- In terms of segment, surfing boards was the largest revenue generating product in 2020.
- Apparels & Accessories is the most lucrative product segment registering the fastest growth during the forecast period.
Surfing equipment market data book summary
| Market revenue in 2020 | USD 176.7 million |
| Market revenue in 2028 | USD 262.7 million |
| Growth rate | 5.1% (CAGR from 2020 to 2028) |
| Largest segment | Surfing boards |
| Fastest growing segment | Apparels & Accessories |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Surfing Boards, Apparels & Accessories |
| Key market players worldwide | Nike Inc Class B, KMD BRANDS LIMITED, Billabong, Quiksilver, JS Industries, CI Surfboards, Firewire Surfboards, Rusty Surfboards, SurfboardShack.com, O'Neill |
Other key industry trends
- In terms of revenue, New Zealand accounted for 4.6% of the global surfing equipment market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, Australia surfing equipment market is projected to lead the regional market in terms of revenue in 2028.
- Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 331.2 million by 2028.
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Surfing Equipment Market Scope
Surfing Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
New Zealand surfing equipment 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 equipment market will help companies and investors design strategic landscapes.
Surfing boards was the largest segment with a revenue share of 66.21% in 2020. Horizon Databook has segmented the New Zealand surfing equipment market based on surfing boards, apparels & accessories covering the revenue growth of each sub-segment from 2016 to 2028.
With an astounding 15,000 kilometers of coastline, New Zealand has become a world-class surfing destination for tourists and surf enthusiasts. The diversity and consistency of surfing conditions in the country are as remarkable as the spectacular coastline itself and as if nature has designed the New Zealand coastline with surfers in mind.
Tauranga, Dunedin, Shipwreck Bay, Te Arai, Piha, Muriwai, Whangapoua Bay, Manu Bay, Surf Highway 45, and Lyall Bay are some of the most iconic surf beaches in New Zealand.
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Target buyers of New Zealand surfing equipment market databook
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Our clientele includes a mix of surfing equipment 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 country-level data and insights on the New Zealand surfing equipment market , including forecasts for subscribers. This country databook contains high-level insights into New Zealand surfing equipment market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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New Zealand surfing equipment market size, by product, 2016-2028 (US$M)
New Zealand Surfing Equipment Market Outlook Share, 2020 & 2028 (US$M)
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