Surfing Tourism Global Market Research Insights with Upcoming Trends Segmentation, Opportunities and Forecast to 2033

The surfing tourism global market report 2024from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Surfing Tourism Market, 2024 The surfing tourism global market report 2024

Market Size - The surfing tourism market size has grown strongly in recent years. It will grow from $9.00 billion in 2023 to $9.58 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%.  The growth in the historic period can be attributed to the cultural influence of early surfing films and magazines, increased accessibility and affordability of air travel, development of surfboard technology, surfing competitions and professional surfing, surf camps, and schools.

The surfing tourism market size is expected to see strong growth in the next few years. It will grow to $12.31 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%.  The growth in the forecast period can be attributed to beach and surf infrastructure, marketing and promotion, the development and maintenance of beaches, surf spots, and related infrastructure, emerging markets, and the availability of unique surf experiences. Major trends in the forecast period include a rising emphasis on eco-friendly practices and sustainable tourism, advances in technology, experience-driven travel, remote and undiscovered spots, and luxury surf travel.

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Scope Of Surfing Tourism Market

The Business Research Company's reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Surfing Tourism Market Overview

Market Drivers -Growing interest in outdoor recreation and adventure tourism is anticipated to drive the growth of the surfing tourism market in the future. Outdoor recreation encompasses activities and pursuits conducted in natural or outdoor environments for enjoyment, relaxation, and fitness, while adventure tourism involves traveling to engage in physically demanding activities that often entail some level of risk. The rising interest in outdoor recreation and adventure tourism can be attributed to various factors, including health and wellness trends, the influence of social media, the desire to escape technology, and improved accessibility. Surfing tourism enhances outdoor recreation by highlighting coastal destinations and promoting active lifestyles, thus stimulating local infrastructure investment and increasing demand for related activities and services. For instance, in July 2024, the Australian government Department of Health and Aged Care reported that approximately 90% of adults participated in sports at least once a year, with around 13.5 million adults and 3.6 million children engaging in sports annually, while over 3 million Australians volunteer in sports and active recreation each year. Therefore, the growing interest in outdoor recreation and adventure tourism is a significant driver of the surfing tourism market.

Market Trends - Major companies operating in the surfing tourism market are focusing on developing surfing schools to enhance the overall experience and appeal to a broader range of enthusiasts. Surfing schools are specialized institutions or organizations that provide instruction and training in the sport of surfing. For instance, in April 2022, Flying Konkan, an India-based adventure company, launched the first board surfing school to attract tourists and surfers alike to enjoy the pristine beaches of Devgad. The school is open to all skill levels, welcoming both beginners and experienced surfers. Beginners can enjoy the sport without prior swimming knowledge, practicing in shallower waters with smaller waves, while more advanced surfers can tackle deeper waters, requiring swimming skills for safety.

The surfing tourism market covered in this report is segmented –
1) By Tour Type: Domestic, International
2) By Services Offered: Surf Schools And Lessons, Surf Camps And Retreats, Surf Resorts And Accommodations, Surf Tours And Expeditions, Equipment Rentals And Sales
3) By Consumer Orientation: Men, Women
4) By Tourist Type: Independent Traveler, Tour Group, Package Traveler
5) By Target Audience: Beginners And Learners, Intermediate Surfers, Advanced And Professional Surfers, Family And Group Travelers

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Regional Insights - North America was the largest region in the surfing tourism market in 2023. The regions covered in the surfing tourism market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Key Companies - Major companies in the market are LineUpEXplorers GmbH, The Perfect Wave Travel, Channel Islands Surfboards Inc., Body Glove International LLC, World Surfaris Pty Ltd, Firewire Surfboards LLC, Costa Rica Surf Travel Company, Wavehunters Surf Travel Pty Ltd, Waterways Surf Adventures, Nomad Surfers, Atoll Travel, The Ocean Spell Surf Travel, True Blue Travel, BruSurf Inc., Great Ocean Road Surf Tours, INTRO Travel Pty Ltd, Mojosurf Pty Ltd, Go Overseas Inc., Driftwood Mentawai Surf Travel, Surf and Sun

Table of Contents

1. Executive Summary

2. Surfing Tourism Market Report Structure

3. Surfing Tourism Market Trends And Strategies

4. Surfing Tourism Market – Macro Economic Scenario

5. Surfing Tourism Market Size And Growth

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27. Surfing Tourism Market Competitor Landscape And Company Profiles

28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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