Philippines Surfing Apparel And Accessory Market (2025-2031) Outlook | Companies, Value, Trends, Industry, Share, Size, Growth, Revenue, Analysis & Forecast

Market Forecast By Product Type (Surf apparel, Surf accessories), By Distribution Channel (Offline retail, Online retail) And Competitive Landscape
Product Code: ETC279689 Publication Date: Aug 2022 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Philippines Surfing Apparel And Accessory Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The Philippines surfing apparel and accessory import market continues to thrive with top exporting countries including China, Malaysia, Italy, USA, and Vietnam in 2024. High Herfindahl-Hirschman Index (HHI) suggests market concentration, while the impressive Compound Annual Growth Rate (CAGR) of 14.85% from 2020 to 2024 indicates a sustained upward trajectory. The growth rate of 6.77% from 2023 to 2024 highlights the resilience and attractiveness of the market, offering opportunities for both local retailers and international suppliers to capitalize on the country`s growing demand for surfing apparel and accessories.

Philippines Surfing Apparel And Accessory Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Philippines Surfing Apparel And Accessory Market Synopsis

The Philippines surfing apparel and accessory market has been riding the wave of the growing interest in water sports and outdoor activities. As more people engage in surfing, the demand for specialized apparel and accessories has surged. The market has experienced a robust CAGR of around 12% over the last few years.

Drivers of the Market

The Philippines surfing apparel and accessory market are expected to thrive due to the country`s growing popularity as a surfing destination. The increasing number of surfers, both local and tourists, is driving the demand for specialized surfing gear and clothing. The rise of surfing as a lifestyle activity also contributes to market growth.

Challenges of the Market

The Philippines surfing apparel and accessory market`s growth is influenced by challenges such as seasonality and market competition. Surfing is often a seasonal activity, and demand for related apparel and accessories might vary accordingly. Additionally, the presence of international brands and products can intensify competition for local manufacturers. To succeed, local players need to anticipate seasonal trends, offer innovative designs, and focus on quality to stand out in the market.

COVID-19 Impact on the Market

The Philippines` surfing apparel and accessory market has shown growth due to the popularity of water sports and outdoor activities. The COVID-19 pandemic temporarily limited recreational opportunities, affecting the demand for such products. However, as restrictions ease and people resume leisure pursuits, the market is likely to recover. The market`s growth will depend on factors like tourism trends, local surfing culture, and product innovation.

Key Players in the Market

Key players in the Philippines surfing apparel and accessory market include Reef, Billabong, and Quiksilver.

Key Highlights of the Report:

  • Philippines Surfing Apparel And Accessory Market Outlook
  • Market Size of Philippines Surfing Apparel And Accessory Market, 2024
  • Forecast of Philippines Surfing Apparel And Accessory Market, 2031
  • Historical Data and Forecast of Philippines Surfing Apparel And Accessory Revenues & Volume for the Period 2021-2031
  • Philippines Surfing Apparel And Accessory Market Trend Evolution
  • Philippines Surfing Apparel And Accessory Market Drivers and Challenges
  • Philippines Surfing Apparel And Accessory Price Trends
  • Philippines Surfing Apparel And Accessory Porter's Five Forces
  • Philippines Surfing Apparel And Accessory Industry Life Cycle
  • Historical Data and Forecast of Philippines Surfing Apparel And Accessory Market Revenues & Volume By Product Type for the Period 2021-2031
  • Historical Data and Forecast of Philippines Surfing Apparel And Accessory Market Revenues & Volume By Surf apparel for the Period 2021-2031
  • Historical Data and Forecast of Philippines Surfing Apparel And Accessory Market Revenues & Volume By Surf accessories for the Period 2021-2031
  • Historical Data and Forecast of Philippines Surfing Apparel And Accessory Market Revenues & Volume By Distribution Channel for the Period 2021-2031
  • Historical Data and Forecast of Philippines Surfing Apparel And Accessory Market Revenues & Volume By Offline retail for the Period 2021-2031
  • Historical Data and Forecast of Philippines Surfing Apparel And Accessory Market Revenues & Volume By Online retail for the Period 2021-2031
  • Philippines Surfing Apparel And Accessory Import Export Trade Statistics
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Distribution Channel
  • Philippines Surfing Apparel And Accessory Top Companies Market Share
  • Philippines Surfing Apparel And Accessory Competitive Benchmarking By Technical and Operational Parameters
  • Philippines Surfing Apparel And Accessory Company Profiles
  • Philippines Surfing Apparel And Accessory Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Philippines Surfing Apparel And Accessory Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Philippines Surfing Apparel And Accessory Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Philippines Surfing Apparel And Accessory Market Overview

3.1 Philippines Country Macro Economic Indicators

3.2 Philippines Surfing Apparel And Accessory Market Revenues & Volume, 2021 & 2031F

3.3 Philippines Surfing Apparel And Accessory Market - Industry Life Cycle

3.4 Philippines Surfing Apparel And Accessory Market - Porter's Five Forces

3.5 Philippines Surfing Apparel And Accessory Market Revenues & Volume Share, By Product Type, 2021 & 2031F

3.6 Philippines Surfing Apparel And Accessory Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F

4 Philippines Surfing Apparel And Accessory Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growing popularity of surfing as a recreational activity in the Philippines

4.2.2 Increasing disposable income leading to higher spending on leisure activities

4.2.3 Rise in awareness about sustainable and eco-friendly surf apparel and accessories

4.3 Market Restraints

4.3.1 Seasonal nature of surfing leading to fluctuating demand for apparel and accessories

4.3.2 Intense competition from established global surfwear brands

4.3.3 Challenges in distribution and logistics, especially in reaching remote surfing locations

5 Philippines Surfing Apparel And Accessory Market Trends

6 Philippines Surfing Apparel And Accessory Market, By Types

6.1 Philippines Surfing Apparel And Accessory Market, By Product Type

6.1.1 Overview and Analysis

6.1.2 Philippines Surfing Apparel And Accessory Market Revenues & Volume, By Product Type, 2021-2031F

6.1.3 Philippines Surfing Apparel And Accessory Market Revenues & Volume, By Surf apparel, 2021-2031F

6.1.4 Philippines Surfing Apparel And Accessory Market Revenues & Volume, By Surf accessories, 2021-2031F

6.2 Philippines Surfing Apparel And Accessory Market, By Distribution Channel

6.2.1 Overview and Analysis

6.2.2 Philippines Surfing Apparel And Accessory Market Revenues & Volume, By Offline retail, 2021-2031F

6.2.3 Philippines Surfing Apparel And Accessory Market Revenues & Volume, By Online retail, 2021-2031F

7 Philippines Surfing Apparel And Accessory Market Import-Export Trade Statistics

7.1 Philippines Surfing Apparel And Accessory Market Export to Major Countries

7.2 Philippines Surfing Apparel And Accessory Market Imports from Major Countries

8 Philippines Surfing Apparel And Accessory Market Key Performance Indicators

8.1 Number of surfing events and competitions in the Philippines

8.2 Percentage of surf apparel and accessory brands offering sustainable and eco-friendly products

8.3 Growth in online sales of surfing apparel and accessories in the Philippines

9 Philippines Surfing Apparel And Accessory Market - Opportunity Assessment

9.1 Philippines Surfing Apparel And Accessory Market Opportunity Assessment, By Product Type, 2021 & 2031F

9.2 Philippines Surfing Apparel And Accessory Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F

10 Philippines Surfing Apparel And Accessory Market - Competitive Landscape

10.1 Philippines Surfing Apparel And Accessory Market Revenue Share, By Companies, 2024

10.2 Philippines Surfing Apparel And Accessory Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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