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The global bodyboard market size is estimated to grow by USD 81.54 million between 2023 and 2028. The market is accelerating at a compound annual growth rate of 5.25%. The report provides market size, historical data spanning from 2018 to 2022, and future projections, all presented in terms of value in USD million for each of the mentioned segments.
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Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the Bodyboard Market. Some of the major companies in the market include:
4PLAY - The company offers bodyboards under the brand 4Play.
The market report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including 4PLAY, Agit Global Inc., Ballistic Bodyboards, BANGA Boards, BruSurf, Custom X Bodyboards, Funkshen Bodyboards, GENESIS, Hillwell Corp Pty Ltd., HLC SB DISTRIBUTION SL, Hubboards LLC, KEEPER SPORTS PRODUCTS, Lucky Bums, Mike Stewart Inc., Nomad Bodyboards, Pride Bodyboards, Stallion Sports Ltd., THURSO SURF, Tiki, and Turbo Surf Designs
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified. Furthermore, it is also quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Population growth and increased adoption of water sports are notably driving the market growth. A growing global population is expected to lead to an increase in the number of individuals participating in recreational activities, including water sports such as bodyboarding. As more people seek leisure and sporting activities, the demand for bodyboards is rising, driving the growth of the global bodyboard market. Furthermore, economic growth and rising disposable incomes lead to increased consumer spending on leisure and recreational activities.
Moreover, popular beach destinations attract tourists interested in water sports. The growth in global tourism is expected to boost the demand for bodyboards as visitors seek to engage in recreational activities during their beach vacations. Thus, this is expected to contribute to the growth of the global bodyboard market during the forecast period. Market research and growth initiatives play a crucial role in understanding consumer preferences, market dynamics, and emerging trends in the bodyboarding industry. Additionally, continuous market growth and forecasting efforts help anticipate future demand and opportunities for innovation in bodyboard technology and bodyboard maintenance, ensuring the industry remains dynamic and responsive to changing consumer needs and preferences.
Continuous evolution in designs of bodyboards is an emerging trend shaping the market. The continuous evolution in the designs of bodyboards plays a crucial role in contributing to the growth of the global bodyboard market. Innovations in materials, such as the use of lightweight yet durable foams and high-tech fabrics, contribute to the development of bodyboards that offer improved strength-to-weight ratios. Lighter boards can enhance speed and agility in the water. Changes in tail and rail designs influence how a bodyboard performs in different wave conditions.
However, continuous refinement in these aspects allows riders to have a more customized experience based on their skill level, wave type, and personal preferences. Design changes can also involve incorporating attachment points for accessories such as leashes, fins, or GoPro mounts. This adaptability allows riders to customize their bodyboarding experience, attracting those who seek versatility in their equipment, thus boosting the global bodyboarding market during the forecast period. Bodyboard materials, bodyboard innovation, bodyboard shapes, and bodyboarding techniques are critical areas of focus driving these advancements, ensuring that modern bodyboards meet the evolving needs and preferences of riders worldwide.
Accidental collisions and falls owing to bodyboarding are a significant challenge hindering market growth. While the global bodyboarding market is generally associated with recreational fun and enjoyment, accidents, collisions, and falls leading to fatal injuries can have serious consequences for the industry. Fatal injuries resulting from accidents during bodyboarding can raise safety concerns among the general public. Additionally, concerns regarding bodyboard size and its suitability for different skill levels and wave conditions can contribute to accidents and injuries.
Furthermore, fatal accidents will prompt authorities to review and impose stricter regulations on water sports, including bodyboarding. Increased regulations are expected to create barriers for enthusiasts, hindering global bodyboard market growth during the forecast period.
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The market share growth by the offline segment will be significant during the forecast period. Offline distribution channels play a significant role in the growth of the global bodyboard market, providing a tangible and interactive experience for consumers. Physical stores allow customers to interact with bodyboards, feel their texture, and assess their build quality. The offline was the largest segment and was valued at USD 223.30 million in 2018. This hands-on experience can significantly influence purchasing decisions as customers can gauge the product's suitability based on their preferences. Customers can benefit from expert advice on choosing the right bodyboard based on their skill level, body type, and local wave conditions; thus, the increasing preference for touch and feel by customers and the provision of expert advice in this channel will fuel market growth.
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Based on the end-user, the market has been segmented into professionals and hobbyists. The professionals ?segment will account for the largest share of this segment.
The bodyboard market encompasses a vibrant industry catering to enthusiasts of all skill levels. From beginners to professionals, a wide range of bodyboarding gear is available to suit individual preferences and riding styles. Bodyboard designs continue to evolve, incorporating innovative features and materials to enhance performance and durability.
In addition to essential equipment like bodyboard fins and bodyboard accessories, the market also offers a variety of bodyboard apparel to ensure comfort and style while riding the waves. Bodyboarding events and competitions play a significant role in fostering the bodyboarding culture and showcasing the sport's talent and innovation.
Safety is paramount in bodyboarding, and the availability of bodyboarding safety gear underscores the industry's commitment to rider well-being. With continuous market growth analysis and market research, the bodyboard market is poised for further expansion and innovation, with market forecasting indicating promising opportunities for growth and development in the coming years.
North America is estimated to contribute 38% during the forecast period.
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Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The bodyboard market is expected to grow significantly in North America during the forecast period. North America attracts bodyboarders from around the world due to its diverse bodyboarding spots and ideal surfing conditions. Tourists and recreational surfers contribute to the demand for bodyboards while visiting these destinations. The presence of well-established surfing communities fosters a strong demand for bodyboard products. Bodyboarding is a part of the outdoor and beach lifestyle in North America. Further, bodyboarding competitions and events, such as the US Open of Surfing, draw large crowds and media attention. These events serve as platforms for brands to showcase their products and generate excitement in the market.
Moreover, bodyboard brands leverage social media platforms and partner with bodyboarding influencers to promote their products. Visual content and influencer endorsements play a significant role in shaping consumer preferences. The availability of surfing schools and camps provides opportunities for beginners to get involved in bodyboarding. These institutions often have retail areas where they sell bodyboard gear to their students. Thus, these factors will boost the growth of the market in North America during the forecast period.
Bodyboard Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2023 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.25% |
Market Growth 2024-2028 |
USD 81.54 million |
Market structure |
Fragmented |
YoY growth (%) |
4.38 |
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
Performing market contribution |
North America at 38% |
Key consumer countries |
US, Australia, New Zealand, Spain, and UK |
Competitive landscape |
Leading companies, Competitive Strategies, Consumer engagement scope |
Key companies profiled |
4PLAY, Agit Global Inc., Ballistic Bodyboards, BANGA Boards, BruSurf, Custom X Bodyboards, Funkshen Bodyboards, GENESIS, Hillwell Corp Pty Ltd., HLC SB DISTRIBUTION SL, Hubboards LLC, KEEPER SPORTS PRODUCTS, Lucky Bums, Mike Stewart Inc., Nomad Bodyboards, Pride Bodyboards, Stallion Sport Ltd., THURSO SURF, Tiki, and Turbo Surf Designs |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Distribution Channel
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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