Surfboard Traction Pad Market to Reach $620 Million by 2030 with 7.9% CAGR
The Surfboard Traction Pad market has witnessed steady growth due to increasing global participation in surfing and water sports. In 2022, the market was valued at USD 360 million, up from USD 250 million in 2018, reflecting a CAGR of 9.5% over four years. Analysts project the market to reach USD 620 million by 2030, registering a CAGR of 7.9% from 2023 to 2030, driven by rising coastal tourism, surf culture expansion, and product innovation.
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