The emergence of environmentally friendly foaming technology that provides impetus for the development of the body board market, the reality of countries

Eco-friendly and sustainable body panels are sold at competitive prices to attract more consumers

/EIN News/ – US, Rockville MD, July 25, 2022 (GLOBE NEWSWIRE) – According to a recent report by worldwide bodyboards Market By Fact.MR, it is expected to be valued at $255 million in 2022 and to expand at a compound annual growth rate of 6.8% over the forecast period 2022-2032.

The high growth of the market has been attributed to factors such as famous organizations such as the International Surfing Association (ISA) promoting water sports on a world-class level, an increase in the number of adaptive surfing events and tournaments, and the promotion of different types of body boards through prominent sports magazines.

The expansion of the travel industry around the world is expected to increase interest in water sports across regions such as Europe and North America. The rise in mechanical implementations such as improving the product in terms of materials makes the body panels lightweight and improves the overall aerodynamics of the product.

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Market players focus more on product design and materials, allowing surfers to enjoy a better grip on these panels. Companies are investing in research and development to enhance the aerodynamics of body panels, and this can only be achieved through advanced manufacturing techniques (CAD/CAM). Rental services also play a vital role in expanding the market foothold in this dynamic space of the water sports industry.

Why are bodyboards sales so high in the US?

International travel plays a vital role in the economy of the United States. In 2019, international tourists spent about US$233.5 billion and contributed about US$640 million per day to the US economy.

People usually visit coastal areas to explore recreational activities, and surfing on a surfboard is one of them. Bodyboards are usually preferred due to their compactness and portability, which take up less space compared to surfboards.

American brands need to invest or explore not only divesting non-core assets but also investing in higher returns and value-added opportunities. Technological advances and consumer preference may shape how the Orthopedic Devices market grows over the forecast period. However, manufacturers are choosing a new business model to diversify their product portfolios and maintain a competitive advantage.

The US wood chipboard market is expected to expand rapidly at a compound annual growth rate of 7.7% and reach US$177.4 million by 2032.

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Main parts covered in body board Industry Survey

  • Bodyboard Market by Type:

    • traditional body panels
      • 30.1″ to 35″
      • 35.1″ to 40″
      • 40.1″ to 45″
      • greater than 45 inches
    • Tandem Bodyboards
  • Bodyboard Market by Buyer:

    • Recreational / Amateur
    • professionals
  • Bodyboard Market By Sales Channel:

    • Offline sales channels
      • modern trade
      • Sports Equipment Stores
      • Surf Equipment Stores
      • Water Sports Stores
      • Brand Stores
    • Online sales channels
      • Company Websites
      • e-commerce platforms

winning strategy

Prime manufacturers focus on sustainable foam technology that increases the density and stiffness of body panels and makes them more efficient in terms of performance.

Size and materials are other notable items that manufacturers have to look out for; PE (Polyethylene) is the most common core that is widely used during the manufacture of structure panels, especially in the cold waters of Europe and North America. Although polyethylene is heavier than polypropylene, it has additional flexibility, which provides additional control.

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The main players in body board Market

  • Agit Global
  • ALDER SPORTSWEAR LTD
  • Aztron
  • HQ . bodyboard
  • Pro BZ Board
  • Catchserve United States of America
  • CORE Bodyboards
  • ES Watersports
  • Hardy shapes
  • Hubbards

Main takeaway from body board market study

  • By type, conventional structure panels are expected to provide an absolute opportunity of US$133.4 million over the forecast period (2022-2032).
  • Tandem body panels are expected to capture 44.7% of the market share by 2032, with demand rising at a compound annual growth rate of 7.4% over the forecast period.
  • By the buyer, recreational use across geographies is expected to increase to US$331.0 million in market value by 2032.
  • North America is expected to capture about 40.9% of the global chipboard market share by 2032.
  • Europe is expected to provide an absolute dollar opportunity of $74.7 million by the end of 2032 and to advance at a high compound annual growth rate of 7.1% during 2022-2032.

About the Sports section of Fact.MR

The expert analysis, actionable insights and strategic recommendations of Fact.MR’s experienced sports team help clients from around the world meet their unique business intelligence needs. With a repertoire of over a thousand reports and over a million data points, the team has analyzed the sports industry in more than 50 countries for more than a decade. The team provides unparalleled research and consulting services.

Discover Fact.MR coverage on Sports specialization-

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