Global Surfboard Fin Market Size, Trends and Growth Opportunity, By Product Type (Single Fins, Twin Fins, Thruster Fins, Quad Fins, and Others), By Material (Fiberglass, Carbon Fiber, Plastic, Wood, and Others), By Distribution Channel (Online Retail Stores, Surf Shops, Sporting Goods Stores, and Others), By Region and Forecast Till 2030.
Report ID : IR1002422 | Industries : Healthcare | Published On :June 2024 | Page Count : 242
Global Surfboard Fin Market Size, Trends and Growth Opportunity, By Product Type (Single Fins, Twin Fins, Thruster Fins, Quad Fins, and Others), By Material (Fiberglass, Carbon Fiber, Plastic, Wood, and Others), By Distribution Channel (Online Retail Stores, Surf Shops, Sporting Goods Stores, and Others), By Region and Forecast Till 2030.
Global Surfboard Fin Market
The Surfboard Fin Market was valued at US$ 3.2 billion in 2022 and it is expected to reach at US$ 5.2 billion in 2030 at a CAGR of 7.2% during forecast period 2023-2030.
The global surfboard fin market refers to the market for fins used on surfboards, which are an essential component of a surfboard that helps to improve the performance of the board. Surfboard fins are available in various shapes, sizes, and materials and they are designed to improve the stability, speed, and maneuverability of the board in the water. The global surfboard fin market includes manufacturers, distributors, and retailers of surfboard fins, as well as surfboard makers who may offer fins as an accessory or as part of their boards. This market is influenced by a variety of factors, including the growth of the surfing industry, the popularity of surfing as a sport, and technological advancements in fin design and materials.
Market Drivers
Surfboard fin demand has been fueled by the growing popularity of surfing as a sport and pastime. The market has been driven by the development of more robust, effective, and high-performance fins because to ongoing advancements in fin design and materials like carbon fiber and fiberglass. There is a higher need for a variety of fin shapes, sizes, and materials as a result of the tendency of many surfers to tailor their surfboards and fins to their own preferences and surfing style. More people are able to afford to participate in surfing and make purchases of premium surfboard fins as worldwide disposable income rises, which has fueled the industry.
Market Restraints
The surfboard fin market is highly competitive, with many manufacturers and retailers vying for market share, which can lead to price wars and lower profit margins. The production and disposal of surfboard fins can have environmental impacts, and this has led to increased scrutiny and regulation, which may increase costs for manufacturers. Economic downturns can lead to decreased consumer spending, which can impact demand for surfboard fins and other surfing equipment.
Market Segmentation
The global surfboard fin market can be segmented in various ways based on different factors, including product type, material, and distribution channel. The surfboard fin market can be segmented based on the type of fin, such as single fins, twin fins, thruster fins, quad fins, and others. The surfboard fin market can be segmented based on the material used to manufacture the fins, such as fiberglass, carbon fiber, plastic, wood, and others. The surfboard fin market can be segmented based on the distribution channel used to sell the fins, such as online retail stores, surf shops, sporting goods stores, and others.
Regional Analysis
The global surfboard fin market segmented into five regions North America, Europe, Latin America, Asia Pacific, Middle East and Africa. The North American surfboard fin market is expected to grow due to the increasing popularity of surfing as a sport and recreation activity. California, Hawaii, and Florida are some of the popular surfing destinations in North America, and there are several key surfboard and fin manufacturers based in this region.
Key Players
Various key players are listed in this report such as FCS, DORSAL, Edge-Core, Australian Fin Co., Fins Unlimited, Futures, Techflex, Kinetik Racing, True Ames, and Rainbow Fins.
Market Taxonomy
By Product Type
• Single Fins
• Twin Fins
• Thruster Fins
• Quad Fins
• Others
By Material
• Fiberglass
• Carbon Fiber
• Plastic
• Wood
• Others
By Distribution Channel
• Online Retail Stores
• Surf Shops
• Sporting Goods Stores
• Others
By Region
North America
• U.S
• Canada
• Mexico
Europe
• Germany
• France
• UK
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• Rest of Asia Pacific
Latin America
• Brazil
• Rest of Latin America
Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
Global Surfboard Fin Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Surfboard Fin Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact Due To Recent Energy Crisis
4.2.5 Cumulative Impact Due To Nearing Economic Downturn
4.2.6 Post Covid-19 World Supply and Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Surfboard Fin Market, Product Type
5.1 Y-o-Y Growth Comparison, Product Type
5.2 Global Surfboard Fin Market Share Analysis, Product Type
5.3 Global Surfboard Fin Market Size and Forecast, Product Type
5.3.1 Single Fins
5.3.2 Twin Fins
5.3.3 Thruster Fins
5.3.4 Quad Fins
5.3.5 Others
6 Global Surfboard Fin Market, By Material
6.1 Y-o-Y Growth Comparison, By Material
6.2 Global Surfboard Fin Market Share Analysis, By Material
6.3 Global Surfboard Fin Market Size and Forecast, By Material
6.3.1 Fiberglass
6.3.2 Carbon Fiber
6.3.3 Plastic
6.3.4 Wood
6.3.5 Others
7 Global Surfboard Fin Market, By Distribution Channel
7.1 Y-o-Y Growth Comparison, By Distribution Channel
7.2 Global Surfboard Fin Market Share Analysis, By Distribution Channel
7.3 Global Surfboard Fin Market Size Analysis, By Distribution Channel
7.3.1 Online Retail Stores
7.3.2 Surf Shops
7.3.3 Sporting Goods Stores
7.3.4 Others
8 Global Surfboard Fin Market, By Region
8.1 Global Surfboard Fin Market Share Analysis, By Region
8.2 Global Surfboard Fin Market Size and Forecast, By Region
9 North America Surfboard Fin Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 North America Surfboard Fin Market Share Analysis, Product Type
9.3 North America Surfboard Fin Market Size and Forecast, By Material
9.4 North America Surfboard Fin Market Size and Forecast, By Product Type
9.5 North America Surfboard Fin Market Size and Forecast, By Country
9.5.1 U.S
9.5.2 Canada
9.5.3 Mexico
10 Europe Surfboard Fin Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Europe Surfboard Fin Market Share Analysis, Product Type
10.3 Europe Surfboard Fin Market Size and Forecast, By Material
10.4 Europe Surfboard Fin Market Size and Forecast, By Product Type
10.5 Europe Surfboard Fin Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4 Rest of Europe
11 Asia Pacific Surfboard Fin Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Asia Pacific Surfboard Fin Market Share Analysis, Product Type
11.3 Asia Pacific Surfboard Fin Market Size and Forecast, By Material
11.4 Asia Pacific Surfboard Fin Market Size and Forecast, By Product Type
11.5 Asia Pacific Surfboard Fin Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Surfboard Fin Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Latin America Surfboard Fin Market Share Analysis, Product Type
12.3 Latin America Surfboard Fin Market Size and Forecast, By Material
12.4 Latin America Surfboard Fin Market Size and Forecast, By Product Type
12.5 Latin America Surfboard Fin Market Size and Forecast, By Country
12.5.1 Brazil
12.5.2. Rest of Latin America
13 Middle East Surfboard Fin Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Middle Surfboard Fin Market Share Analysis, Product Type
13.3 Middle Surfboard Fin Market Size and Forecast, By Material
13.4 Middle Surfboard Fin Market Size and Forecast, By Product Type
13.5 Middle Surfboard Fin Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1. FCS
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Development
15.1.6 Key Strategies
15.2. DORSAL
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. Edge-Core
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4. Australian Fin Co.
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5. Fins Unlimited
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6. Futures
15.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7. Techflex
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8. Kinetik Racing
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9. True Ames
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10. Rainbow Fins
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies