Global Surfing Tourism Market Size To Worth USD 102.84 Billion By 2033 | CAGR of 5.65%
Category: Consumer GoodsGlobal Surfing Tourism Market Size To Worth USD 102.84 Billion By 2033
According to a research report published by Spherical Insights & Consulting, the Global Surfing Tourism Market Size is to Grow from USD 59.38 Billion in 2023 to USD 102.84 Billion by 2033, at a Compound Annual Growth Rate (CAGR) of 5.65% during the projected period.
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Browse key industry insights spread across 218 pages with 110 Market data tables and figures & charts from the report on the "Global Surfing Tourism Market Size, Share, and COVID-19 Impact Analysis, By Tour (Domestic and International), By Tourist (Solo and Group), By Destination (Coastal Regions, Islands, Surfing Resorts, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here:https://www.sphericalinsights.com/reports/surfing-tourism-market
Surfing tourism involves tourist activities, experiences, and adventures related to surfing and surf culture. It offers logistical services such as transportation, hotel, surf training, and rentals, allowing both enthusiast and professional surfers to visit the best surfing sites throughout the world. The company also offers surfing excursions, which take visitors to popular surf spots in several countries and immerse them in the local surfing lifestyle by connecting with surf communities at each location. Several causes are fuelling this trend, including the growth of surf culture, increased travel accessibility, and the promotion of eco-friendly tourism. However, growing worries among surfers and tourists are impeding the expansion of the surfing tourism business because of environmental issues such water pollution, climate change, and threats to marine life.
The domestic segment holds the highest market share of the surfing tourism market during the projected timeframe.
Based on the tour, the surfing tourism market is divided into domestic and international. Among these, the domestic segment holds the highest market share of the surfing tourism market during the projected timeframe. Travellers that visit surf spots within their country are known as domestic surf tourists. Their primary reasons for doing so are frequently ease of mind, lower costs, and a desire to support local tourism.
The solo segment is anticipated to grow at the highest CAGR in the surfing tourism market during the projected timeframe.
Based on the tourist, the surfing tourism market is divided into solo and group. Among these, the solo segment is anticipated to grow at the highest CAGR in the surfing tourism market during the projected timeframe. Travelling alone to surf locations is appealing to those who prefer to push themselves and discover new spots at their own pace. This industry is growing, especially because solo surfing makes it possible to create more individualised tours and engage with the local cultures.
The coastal regions segment is estimated to hold the largest market share of the surfing tourism market during the projected timeframe.
Based on the destination, the surfing tourism market is divided into coastal regions, islands, surfing resorts, and others. Among these, the coastal regions segment is estimated to hold the largest market share of the surfing tourism market during the projected timeframe. Coastal areas are the primary location for surfing tourism because they offer a variety of wave conditions suitable for different ability levels. The expansion of beachfront residences, rental properties, and surf schools, along with other coastal tourism amenities, is what propels this industry.
North America is expected to hold the largest share of the surfing tourism market over the forecast period.
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North America is expected to hold the largest share of the surfing tourism market over the forecast period. This dominance is due to the United States of America, continues to be a major player in the international surfing tourist industry. The United States is a major hub for surfing tourism, having a large coastline that provides various surf conditions for all levels. During the entire year, surfers from all over the world visit the West Coast, which includes recognised destinations such as California and Hawaii. These regions have well-established surfing traditions, modern tourism infrastructure, and regular international surfing events.
Asia Pacific is predicted to grow at the fastest pace in the surfing tourism market during the projected timeframe. Travel regions like Bali, Indonesia, and the Philippines are drawing accolades from all over the world, and the Asia Pacific area is leading the worldwide surfing tourism sector. Bali's consistent waves and vibrant surf community have earned it the reputation of being a surfer's paradise, drawing visitors from all over the globe.
Major vendors in the surfing tourism market are AGIT Global Inc., AJW Surfboard Boardriders, Inc., Body Glove, BruSurf, CANNIBAL SURFBOARDS, Channel Islands Surfboards, Firewire Surfboards, LLC, Global Surf Industries, Globe International Limited, Gul Watersports Ltd.a, Nomad Surfers, Atoll Travel, The Ocean Spell Surf Travel Agency, True Blue Travel, and others.
Recent Developments
- In March 2024, Samsung collaborated with surfing, skateboarding, and breaking leagues to celebrate and promote their respective sports communities on the route to Paris 2024.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the surfing tourism market based on the below-mentioned segments:
Global Surfing Tourism Market, By Tour
- Domestic
- International
Global Surfing Tourism Market, By Tourist
- Solo
- Group
Global Surfing Tourism Market, By Destination
- Coastal Regions
- Islands
- Surfing Resort
- Others
Global Surfing Tourism Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
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