| Product Code: ETC5040445 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Bulgaria`s surfboard import Market Top 5 Importing Countries and Market Competition (HHI) Analysis saw significant growth in 2024, with China, Malaysia, Italy, Poland, and Germany emerging as the top exporting countries. The Market Top 5 Importing Countries and Market Competition (HHI) Analysis experienced a notable increase in concentration levels, indicating a more dominant presence of key players. The impressive compound annual growth rate (CAGR) of 18.38% from 2020 to 2024 demonstrates the sector`s strong performance. Moreover, the growth rate of 11.36% from 2023 to 2024 signals a continuing upward trajectory in import shipments, highlighting a promising outlook for the surfboard Market Top 5 Importing Countries and Market Competition (HHI) Analysis in Bulgaria.

The Surfboard market in Bulgaria is projected to grow at a growing growth rate of 8.62% by 2027, highlighting the country's increasing focus on advanced technologies within the Europe region, where Germany holds the dominant position, followed closely by United Kingdom, France, Italy and Russia, shaping overall regional demand.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bulgaria Surfboard Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Surfboard Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Surfboard Market - Industry Life Cycle |
3.4 Bulgaria Surfboard Market - Porter's Five Forces |
3.5 Bulgaria Surfboard Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Bulgaria Surfboard Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 Bulgaria Surfboard Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Bulgaria Surfboard Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Bulgaria Surfboard Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing interest in water sports and outdoor activities in Bulgaria |
4.2.2 Increase in tourism and interest in beach destinations in Bulgaria |
4.2.3 Rise in disposable income leading to higher spending on recreational activities |
4.3 Market Restraints |
4.3.1 Seasonality of the market due to weather conditions in Bulgaria |
4.3.2 Limited awareness and availability of surfing facilities and infrastructure |
4.3.3 Competition from other water sports and recreational activities in Bulgaria |
5 Bulgaria Surfboard Market Trends |
6 Bulgaria Surfboard Market Segmentations |
6.1 Bulgaria Surfboard Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Surfboard Market Revenues & Volume, By Shortboards, 2021-2031F |
6.1.3 Bulgaria Surfboard Market Revenues & Volume, By Longboards, 2021-2031F |
6.1.4 Bulgaria Surfboard Market Revenues & Volume, By Fish Boards, 2021-2031F |
6.1.5 Bulgaria Surfboard Market Revenues & Volume, By Gun Boards, 2021-2031F |
6.1.6 Bulgaria Surfboard Market Revenues & Volume, By Others, 2021-2031F |
6.2 Bulgaria Surfboard Market, By Material Type |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Surfboard Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.2.3 Bulgaria Surfboard Market Revenues & Volume, By Balsa Wood, 2021-2031F |
6.2.4 Bulgaria Surfboard Market Revenues & Volume, By Others, 2021-2031F |
6.3 Bulgaria Surfboard Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Bulgaria Surfboard Market Revenues & Volume, By Online, 2021-2031F |
6.3.3 Bulgaria Surfboard Market Revenues & Volume, By Offline, 2021-2031F |
6.4 Bulgaria Surfboard Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Bulgaria Surfboard Market Revenues & Volume, By Recreational, 2021-2031F |
6.4.3 Bulgaria Surfboard Market Revenues & Volume, By Professional, 2021-2031F |
7 Bulgaria Surfboard Market Import-Export Trade Statistics |
7.1 Bulgaria Surfboard Market Export to Major Countries |
7.2 Bulgaria Surfboard Market Imports from Major Countries |
8 Bulgaria Surfboard Market Key Performance Indicators |
8.1 Number of surfing events and competitions held in Bulgaria |
8.2 Percentage of surfboard rental services at beach destinations |
8.3 Average number of surfing lessons booked per month |
9 Bulgaria Surfboard Market - Opportunity Assessment |
9.1 Bulgaria Surfboard Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Bulgaria Surfboard Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.3 Bulgaria Surfboard Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Bulgaria Surfboard Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bulgaria Surfboard Market - Competitive Landscape |
10.1 Bulgaria Surfboard Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Surfboard Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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