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Carbon Foil Is Fastest Growing Segment Fueling The Growth Of Windsurf Foil Board Market

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Pooja salve
Carbon Foil Is Fastest Growing Segment Fueling The Growth Of Windsurf Foil Board Market

The global Windsurf Foil Board Market is estimated to be valued at US$ 154.7 Mn in 2023 and is expected to exhibit a CAGR of 8.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:

Windsurf foil boards are longer boards used for windsurfing, equipped with foils that lift the board out of the water. This allows the surfer to sail at higher speeds in lighter winds compared to traditional windsurfing. Carbon is emerging as the preferred material for foils as it offers advantages like strength, sustainability and lower weight.

Market key trends:

One of the key trends in the windsurf foil board market is the growing popularity of carbon foil boards. Carbon foils are approximately 30% lighter than traditional foils made from aluminum or rigid plastics like epoxy. The lower weight allows for easier handling and increases the board's accelerating capacity. Carbon foils also tend to be more durable than aluminum foils and cause less wear on the board's track system. Additionally, carbon has a smaller environmental footprint compared to metals like aluminum. Leading board manufacturers have expanded their carbon foil offerings to capitalize on the trend towards lightweight, high-performance boards. This is expected to drive significant growth in the carbon foil segment over the forecast period.

Segment Analysis

The global windsurf foil board market is segmented based on material type, size, application, and distribution channel. Based on material type, the market is bifurcated into carbon fiber and foam/epoxy. Currently, the carbon fiber segment dominates the market as carbon fiber provides more strength and rigidity to the board compared to foam/epoxy. Based on size, the market is categorized into <60L, 60-70L, 71-80L, and >80L. The 60-70L segment holds the largest share as boards of this size provide good control and maneuverability for varying wind strengths.

Key Takeaways

Global Windsurf Foil Board Market Size is expected to witness high growth, exhibiting a CAGR of 8.2% over the forecast period, due to increasing interest in water sports among millennials and gen Z population.

Regional analysis

Europe dominates the windsurf foil board market currently due to the large consumer base and presence of leading manufacturers in the region. Countries like France, Greece, and Spain have ideal wind and water conditions that attract large number of amateur and professional windsurfers annually.

Key players

Key players operating in the windsurf foil board market are Lift Foils, F4 Foils, Horue Foil, Cabrinha, FANATIC, JP Australia, Neilpryde Windsurfing, North Sails, RRDFoils, Starboard, Slingshot Sports, Phantom Boards, Duotone, Naish International, Tabou, Exocet, GA Fins. Lift Foils and F4 Foils currently dominate the market owing to their innovative foil designs and strong distribution network across major windsurfing hotspots.


Get more insights on this report= https://www.rapidwebwire.com/windsurf-foil-board-market-size-share-and-demand-analysis/

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