Product Code: ETC232947 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Singapore Surfboard Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 3.04% in 2025, the market peaks at 3.12% in 2026, and settles at 2.24% by 2029.
The Surfboard market in Singapore is projected to grow at a stable growth rate of 3.08% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
The Singapore surfboard market has experienced moderate growth, largely influenced by the country`s thriving water sports culture and tourism industry. With its numerous beaches and favorable weather conditions, Singapore attracts surfers and water sports enthusiasts. The demand for surfboards is driven by both locals and tourists seeking recreational and professional surfing experiences. Key factors in the market include the availability of a variety of surfboard types, such as shortboards, longboards, and stand-up paddleboards. Local surfboard shapers and international brands play a role in shaping the market, which is also influenced by trends in eco-friendly materials and design innovation.
The surfboard market in Singapore is primarily driven by the country`s growing interest in water sports and outdoor activities. With several beautiful beaches and consistent waves, surfing has gained popularity among locals and tourists alike. The market benefits from advancements in surfboard technology, offering boards that cater to various skill levels and surfing conditions, further promoting the sport`s accessibility.
The Singapore surfboard market faces several challenges. Firstly, the limited availability of suitable surfing spots in the city-state poses a significant challenge. Singapore coastline is relatively short, and the waves are generally not consistent, making it less appealing for surfers. Moreover, high rental and storage costs for surfboards deter many enthusiasts from taking up the sport. Additionally, competition from other water sports activities like wakeboarding and paddleboarding further challenges the growth of the surfboard market in Singapore.
The surfboard market in Singapore faced significant challenges during the pandemic. Travel restrictions and closures of beaches and surf schools affected both beginners and seasoned surfers. The market experienced a decline in sales, and many surfboard retailers struggled to stay afloat. However, as domestic tourism picked up, surf enthusiasts started exploring local surf spots, leading to a gradual recovery in surfboard sales. The market`s future largely depends on the pace of international travel resumption.
In the Singapore Surfboard market, the leading players have carved a niche for themselves through their dedication to producing top-notch surfboards that cater to the diverse needs of surfers. Brands like Channel Islands, Firewire Surfboards, and Rusty Surfboards have a significant presence in the market. They are renowned for their expertise in crafting high-performance surfboards that meet the demands of both beginners and seasoned surfers. These companies often collaborate with professional surfers and invest in research and development to stay ahead in the highly competitive Singapore Surfboard market.
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 Singapore Surfboard Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Surfboard Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Surfboard Market - Industry Life Cycle |
3.4 Singapore Surfboard Market - Porter's Five Forces |
3.5 Singapore Surfboard Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Singapore Surfboard Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 Singapore Surfboard Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Singapore Surfboard Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Singapore Surfboard Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing popularity of water sports and outdoor activities in Singapore |
4.2.2 Growing interest in surfing as a recreational activity and fitness trend |
4.2.3 Rise in disposable income and spending on leisure activities by the Singaporean population |
4.3 Market Restraints |
4.3.1 Limited availability of suitable surfing spots and beach access in Singapore |
4.3.2 High costs associated with surfboard equipment and maintenance |
4.3.3 Seasonal nature of surfing in Singapore due to monsoon seasons affecting wave conditions |
5 Singapore Surfboard Market Trends |
6 Singapore Surfboard Market, By Types |
6.1 Singapore Surfboard Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Surfboard Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Singapore Surfboard Market Revenues & Volume, By Shortboards, 2021-2031F |
6.1.4 Singapore Surfboard Market Revenues & Volume, By Longboards, 2021-2031F |
6.1.5 Singapore Surfboard Market Revenues & Volume, By Fish Boards, 2021-2031F |
6.1.6 Singapore Surfboard Market Revenues & Volume, By Gun Boards, 2021-2031F |
6.1.7 Singapore Surfboard Market Revenues & Volume, By Others, 2021-2031F |
6.2 Singapore Surfboard Market, By Material Type |
6.2.1 Overview and Analysis |
6.2.2 Singapore Surfboard Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.2.3 Singapore Surfboard Market Revenues & Volume, By Balsa Wood, 2021-2031F |
6.2.4 Singapore Surfboard Market Revenues & Volume, By Others, 2021-2031F |
6.3 Singapore Surfboard Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Singapore Surfboard Market Revenues & Volume, By Online, 2021-2031F |
6.3.3 Singapore Surfboard Market Revenues & Volume, By Offline, 2021-2031F |
6.4 Singapore Surfboard Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Singapore Surfboard Market Revenues & Volume, By Recreational, 2021-2031F |
6.4.3 Singapore Surfboard Market Revenues & Volume, By Professional, 2021-2031F |
7 Singapore Surfboard Market Import-Export Trade Statistics |
7.1 Singapore Surfboard Market Export to Major Countries |
7.2 Singapore Surfboard Market Imports from Major Countries |
8 Singapore Surfboard Market Key Performance Indicators |
8.1 Number of surf schools and instructors in Singapore |
8.2 Frequency of surfing events and competitions held in Singapore |
8.3 Percentage of surfboard rental services compared to total surfboard sales in Singapore |
9 Singapore Surfboard Market - Opportunity Assessment |
9.1 Singapore Surfboard Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Singapore Surfboard Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.3 Singapore Surfboard Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Singapore Surfboard Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Singapore Surfboard Market - Competitive Landscape |
10.1 Singapore Surfboard Market Revenue Share, By Companies, 2024 |
10.2 Singapore Surfboard Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |