Global Surfing Tourism Market Insights Forecasts to 2033

• The Global Surfing Tourism Market Size was Valued at USD 59.38 Billion in 2023
• The Market Size is Growing at a CAGR of 5.65% from 2023 to 2033
• The Worldwide Surfing Tourism Market Size is Expected to Reach USD 102.84 Billion by 2033
• Asia Pacific is Expected to Grow the fastest during the forecast period.

The Surfing Tourism Market Size is Anticipated to Exceed USD 102.84 Billion by 2033, Growing at a CAGR of 5.65% from 2023 to 2033.  

Market Overview

Surfing tourism includes tourist activities, experiences, and adventures focused on surfing and surf culture. It provides logistical services such as transportation, lodging, surf instruction, and rentals, enabling both amateur and professional surfers to visit top surfing spots throughout the world. The business also includes surfing tours, which take visitors to prominent surf sites in various nations and immerse them in the local surfing lifestyle by interacting with surf communities at each destination. Several factors are driving this trend, such as the expansion of the surf culture, improvements in accessibility for travel, and the encouragement of eco-friendly tourism. Consequently, more people are traveling to surfing hotspots across the world, which is driving the market's growth. A significant opportunity for expansion in the worldwide surfing tourist sector could be presented by the rise of low-cost destinations. Tourists on lower budgets can enjoy surfing in places that provide affordable lodging, food, and other facilities. Furthermore, governments in popular surfing locations are recognizing the potential of surfing tourism as an economic driver and are implementing measures to encourage its expansion.

Report Coverage

This research report categorizes the market for the surfing tourism market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the surfing tourism market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the surfing tourism market.

Driving Factors

The surfing tourism market is becoming increasingly popular due in large part to its distinctive combination of adventure, relaxation, and natural connection. The market has grown significantly in the last few years due to the growing appeal of adventurous trips and water sports among millennials and Generation Z. An increasing amount of individuals are choosing surfing as an activity and a travel destination due to growing awareness of health and disposable income.

Restraining Factors

The surfing tourism market faces environmental concerns including water pollution, climate change, and challenges to marine life, which are limiting market growth due to growing concern among surfers and travellers.

Market Segmentation

The surfing tourism market share is classified intotour, tourist, and destination.

• The domestic segment holds the highest market share through the forecast period.

Based on the tour, the surfing tourism market is categorized into domestic and international. Among these, the domestic segment holds the highest market share through the forecast period. Domestic surfing tourism consists of tourists visiting surf areas in their nation, which is often motivated by simplicity, reduced expenses, and an impulse to promote local tourism. Domestic surfing has increased in nations such as Australia and the United States with magnificent coastline regions, particularly during the pandemic when travel outside of those countries was prohibited.

• The solo segment is anticipated to grow at the highest CAGR during the forecast period.

Based on the tourist, the surfing tourism market is categorized into solo and group. Among these, the solo segment is anticipated to grow at the highest CAGR during the forecast period. Solo surfing travel attracts to people who desire to challenge themselves and explore surf places at their own speed. This market is expanding, particularly due to solo surfing enabling more personalised routes and greater involvement in local cultures.

• The coastal regions segment is estimated to hold the largest market share through the forecast period.

Based on the destination, the surfing tourism market is categorized into coastal regions, islands, surfing resorts, and others. Among these, the coastal regions segment is estimated to hold the largest market share through the forecast period. The primary focus of surfing tourism is found in coastal regions, which provide a range of wave conditions appropriate for multiple skill levels. This coastal sector is driven by the growth of beachside housing, rental businesses, and surf schools, among other coastal tourism infrastructure.

Regional Segment Analysis of the Surfing Tourism Market 

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

North America is anticipated to hold the largest share of the surfing tourism market over the predicted timeframe.

North America is projected to hold the largest share of the surfing tourism market over the predicted timeframe. The United States and other countries in North America continue to dominate the global surfing tourism market. Throughout the entire year, surfers from around the world come to the West Coast, home to well-known locations like California and Hawaii. These areas benefit from well-established surfing cultures, advanced tourism facilities, and regular international surfing events.

Asia Pacific is expected to grow at the fastest CAGR growth in the surfing tourism market during the forecast period. The Asia Pacific region is rapidly growing in the surfing tourism market with travel destinations like Sri Lanka, the Philippines, and Bali in Indonesia earning praise from around the world. Bali is regarded as a surfer's paradise because of its active surf scene and reliable waves, which attract tourists from all over the world. The region is especially appealing because of its tropical environment, a wealth of cultural attractions, and reasonably priced travel possibilities.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the surfing tourism market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• 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
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In May 2024, The Surfing Federation of India (SFI) launched the fifth edition of the Indian Open of Surfing (IOS). This highly anticipated event is scheduled to occur at Sasihithlu Beach.

• In May 2024, Surfing WA established a new collaboration with Perth Surf Park ahead of its 2026 debut.

• In August 2023, Aventuur, a worldwide creator, acquired exclusive rights to nine regions, including the United States and Baja California Sur, Mexico, and began constructing a series of mixed-use surf, leisure, and wellness locations around North America.

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