Product Code: ETC8852716 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The surfing board market is expanding alongside increased interest in water sports and surf tourism. Locally made and imported boards cater to different skill levels and styles. Customization, sustainability in materials, and brand recognition are shaping consumer preferences in this dynamic market.
Driven by the growing popularity of beach tourism and water sports, the surfing board market in the Philippines is experiencing a steady rise. Local surf hubs like La Union and Siargao are fostering demand for both beginner and professional-grade surfboards. While imports dominate the premium segment, local craftsmen are tapping into niche markets by offering customized and eco-friendly boards.
The surfing board segment, like other surfing gear, faces difficulty scaling due to low demand and high manufacturing costs. Local artisans often cannot compete with mass-produced foreign boards. The lack of advanced shaping and laminating equipment in the country also reduces the quality competitiveness of locally made boards.
The surfing board market in the Philippines is closely tied to the rise of surfing as a popular sport. The demand for surfboards is growing in line with the increasing number of surfers, both local and international, visiting the countrys famous surf spots. These boards vary in type, including longboards, shortboards, and hybrid boards, catering to different levels of expertise and surfing styles. Investors can explore opportunities in the manufacturing, retail, and rental of surfboards. Additionally, there is scope to introduce innovations in board materials and designs to cater to the evolving needs of surfers.
The surfing board market in the Philippines has seen growing interest in sustainability, with government policies supporting the use of eco-friendly materials in production. There is a push for the use of recycled plastics, sustainable woods, and biodegradable resins in the manufacturing of surfing boards. The government offers incentives for local manufacturers adopting sustainable practices and has launched initiatives to raise awareness about the environmental impact of traditional surfboard production methods.