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 Trends in the Surfing Tourism Market
Surfing tourism has emerged as a dynamic sector within the broader travel industry, enticing wave enthusiasts to seek thrilling experiences in exotic coastal destinations. As the global travel landscape continues to evolve, several key trends are shaping the surfing tourism market, influencing both industry players and travelers alike.
- Sustainable Surfing: One of the foremost trends in surfing tourism is the growing emphasis on sustainability. Travelers are increasingly seeking destinations and operators that prioritize environmental conservation and promote responsible surfing practices. Eco-friendly surf schools, resorts with sustainable initiatives, and community-driven conservation projects are gaining popularity among conscious surf travelers.
- Technology Integration: The surfing tourism market is witnessing a digital transformation, with technology playing a pivotal role in enhancing the overall experience. From wave prediction apps to virtual reality surf training programs, technology is offering surfers new ways to engage with the sport. Furthermore, online platforms connecting surfers with local guides and fellow enthusiasts are fostering a sense of community within the surfing tourism ecosystem.
- Rise of Niche Markets: As the surfing community diversifies, niche markets are gaining traction. Women-centric surf retreats, family-oriented surf camps, and surf experiences tailored for different skill levels are becoming more prevalent. Surfing tourism operators are recognizing the importance of catering to specific demographics, creating specialized packages to meet the unique preferences of their target audiences.
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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