Unexpected: New economic data shows “amid the Covid-19 crisis and looming economic recession, the surfing market set for stratospheric growth!”

"I just want to say one word to you all..."

I’m no financial expert, but have hung around a few and picked up what they call “tricks of the trade.” Like, buy low but then sell high. Also, zig where others zag. Sound advice and I pass along to you free of charge along with this unexpected nugget gleaned from this morning’s investor news.

The surfing industry is back.

Specifically the surfing boards industry and let us turn to Yahoo! Finance for more.

Amid the COVID-19 crisis and the looming economic recession, the Surfing market worldwide will grow by a projected US$745.2 Million, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 3.1%. Surfing Boards, one of the segments analyzed and sized in this study, is forecast to grow at over 3% and reach a market size of US$2.6 Billion by the end of the analysis period. An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry. The Surfing Boards market will be reset to a new normal which going forwards in a post COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions.

Are you ever shocked to remember that Yahoo! is still in business? I am. Is Netscape? Should we zag where others zig and invest in Netscape?

But more to our field of expertise, which surfing boards builders will benefit most from the surfing boards market reset to new normal? I’ve got to think that Matt Biolos, DH, Jon Jon Pyzel etc. are going to really have to think hard about many things and…

…I just want to say one word to you all. Just one word. Are you listening?

Mid-lengths.

There’s a great future in mid-lengths. Think about it. Will you think about it?

Enough said. That’s a deal.

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Twinnie
Twinnie
6 years ago

Fuck, the price of tail pads just went up to 2 comments, shits blowing up like Bitcoin!!!

Shroom
Shroom
6 years ago
Reply to  Twinnie

I’m in for 0.00075..

BT
BT
6 years ago

Ugh, the “amid” word again. Why did that word suddenly become good journalism amid the corona virus pandemic? Seems like all journalists can’t wait for a chance to impress their journalist friends by ramming “amid” into as many headlines as they can. I’ve got other gripes about cliché literary devices that are popular now. Let me know if you want to hear em.

Greebnurt Hurkurmurgurt
Greebnurt Hurkurmurgurt
6 years ago
Reply to  BT

Let’s hear em

BT
BT
6 years ago

My top 5 annoyances in current journalism:
1. Lists
2. “Amid”
3. Two part headlines using “as” or “after”
4. “responds” or “reacts” (usually in conjunction with #3)
5. “Here’s how…”

Greebnurt Hurkurmurgurt
Greebnurt Hurkurmurgurt
6 years ago
Reply to  BT

Greebnurt feels that your list of grievances is legitimate.

Hippy
Hippy
6 years ago

He’s gotta point

Gwen Walz’s Eyes
Gwen Walz’s Eyes
6 years ago
Reply to  Hippy

Please make it stop Hippy. You’ve made dozens of comments in one day let the other kids talk.

Hippy
Hippy
6 years ago

You never listen to me even when you ask a question. Always talk over me, then get upset if I communicate here.

Hope you are ok.

longtom
longtom
6 years ago
Reply to  BT

Could you provide an example with as many of the above mentioned grievances included as possible, please.
Thanks.

Shroom
Shroom
6 years ago
Reply to  BT

Amid an already tumultuous week shitposter BT lists his top 5 grievances in current journalism.
Here’s how we reacted!

Twinnie
Twinnie
6 years ago
Reply to  BT

nice list brah

Low wide stinkbug stance
Low wide stinkbug stance
6 years ago
Reply to  BT

More as the story develops surely deserves a mention.

Chief Hot stuff
Chief Hot stuff
6 years ago

Fuken sick buncha weirdos
https://uploads.disquscdn.c…

Dogsnuts
Dogsnuts
6 years ago

This has all stemmed from an acute lack of shitting on people’s bonnets.

Chief Hot stuff
Chief Hot stuff
6 years ago
Reply to  Dogsnuts

Charming.. ..

Greebnurt Hurkurmurgurt
Greebnurt Hurkurmurgurt
6 years ago
Reply to  Dogsnuts

That’s how justice was served, by the people!

Low wide stinkbug stance
Low wide stinkbug stance
6 years ago
Reply to  Dogsnuts

A certain artist from beach crew shat on the bonnet of his own car. Also used to jerk off onto car door handles. That guy was nuts. Rad surfer too.

Dogsnuts
Dogsnuts
6 years ago

His own car? So depraved.

Low wide stinkbug stance
Low wide stinkbug stance
6 years ago
Reply to  Dogsnuts

Well he did get famous for the “poo shooter” artwork. Came 2nd to nick wood in a national junior titles event, so the guy could surf.

Dogsnuts
Dogsnuts
6 years ago

Fucking hell, so many talented people are totally crook haha.

John Wayne
John Wayne
6 years ago

Does anyone have access to the full report that they would care to share?

Some interesting items wroth exploring / laughing at a bit more – notably the market drivers
1. SkunkWorks and Jaguar Land Rover Come Together to Create Eco-friendlySurfboards – never heard anything about this – must be breaking news
2. Apparel and Gear Companies Set to Benefit from the Surge in Surf Tourism – aren’t the worlds airports still closed for a significant period of time?
3. Battery-driven Surfboard Powers Electric Surfing Market – wow can just see these taking off on a large scale
4. Technology Advancements to Spur Growth Opportunities – surfing is one the most reluctant industries to encourage innovation
5. Trinity Develops PRS Surfboards – that was in 2016 and it has not really gone anywhere since
6. Algae-based Surfboards Emerge as Sustainable Alternatives to Standard Surfboards – still waiting to see any of these hit the market a reasonable price or to even see any of them

Hippy
Hippy
6 years ago
Reply to  John Wayne

I do notice the Bako tourists bring powered skateboards and bicycles… aversion to exercise? I don’t know.

Do think surf travel will be limited going forward, especially with the US spiking cases after reopening (which was bound to be the case).

Add in a revolution that is building steam of kids who don’t care about the pandemic…. big potential problems. The two Hangings may reignite everything. Fucking shit 2020

John Wayne
John Wayne
6 years ago
Reply to  Hippy

I find it hard to believe that we will revert back to the old volumes of surf travel in the next 12-18 months. Yes we all want to go back to our fav places…..but without a vaccine I can not see this happening. Also the economic aftermath will cause a lot of tourism to drop anyway. The backpacker market should fade away for a little while – which will do wonders for the crowds in many locations. If you have the balls to travel at the moment you should find yourself some nice relatively uncrowded waves in many locations.

Hippy
Hippy
6 years ago
Reply to  John Wayne

If you can get there and back….

I think this bullshit is gonna linger for a long time. Open/close/open/close.

Think travel may become more regional. Oz to Indo, Ca to Central America…. I know that Costa Rica thinks they’re in the cat seat for new touro’s…. I dunno.

Weird new world

Chief Hot stuff
Chief Hot stuff
6 years ago
Reply to  Hippy

Not that weird
People travelled hardly anywhere only 50 years ago
Usually just for wars and stuff

frank
frank
6 years ago
Reply to  Hippy

electric skateboards are the single worst thing on the entire planet

embarrassing beyond all other absurdities of modern life; even more so than electric surfboard fins

.

there, it’s off my chest, feels better already!

Hippy
Hippy
6 years ago
Reply to  frank

Let it go Frank… serenity now

frank
frank
6 years ago
Reply to  Hippy

thanx for the wise words, guess that’s why they call you the Hippy

Chief Hot stuff
Chief Hot stuff
6 years ago
Reply to  frank

I see guys going to work on em
Looks pretty cool.

John Wayne
John Wayne
6 years ago

People are paying $1800 for them – they can fly.

Abscessed Llama
Abscessed Llama
6 years ago
Reply to  John Wayne

I’m sure OakTree and the like have culled the sponsor dollars, sales commission, and squeezed more sweat out of the third world. Only up from here. Little chat with market analysis influencer. Boom of to the races.

Lemon Next to the Pie
Lemon Next to the Pie
6 years ago

Was she burning bras? Or did she come up with the chant “What do we want?”

Hippy
Hippy
6 years ago

Smoking hot cougar LNP…..

Hippy
Hippy
6 years ago
Reply to  Hippy

You should watch the film.

Abscessed Llama
Abscessed Llama
6 years ago
Reply to  Hippy

LNP ? Sorry just got it Lemon Next to the….

Hippy
Hippy
6 years ago

Lemon next to pie….

Abscessed Llama? where you been, you ok?

Abscessed Llama
Abscessed Llama
6 years ago
Reply to  Hippy

Finally got a chance to work on my own home. Installed a footer drain around entire foundation with permeable driveway and side walks around my little 50’s bungalow. 46 ton of rock and a ton or two of work. Finally looked up after ten days of all that work. The Covid19 transitioned to Floyd, BLM etc. My youngest got back from all spring at The Garden Island and oldest home from graduating college. Worked them like dogs neither complained once.

Hippy
Hippy
6 years ago

Good, you got the studio back up and running?

Heard the GI had an all time empty winter. Cat across the street was stuck there and came back starry eyed and slack jawed.

Greebnurt Hurkurmurgurt
Greebnurt Hurkurmurgurt
6 years ago
Reply to  Hippy

Wasn’t empty. Fucking packed. Worse than ever now that plenty aren’t working.

Hippy
Hippy
6 years ago

Really?

Wonder why he came home….

Lemon Next to the Pie
Lemon Next to the Pie
6 years ago
Reply to  Hippy

Here’s to you, Mrs Robinson.

Hippy
Hippy
6 years ago

Wow… so true. And Anne Margaret.

I worked for Anne for ten years. Gracious, humble… she’d make me Arnold Palmers and we would walk her garden, she was so proud of it. Just wanted someone to share it with and there I was, curious as she was.

Special time in LA… Those films say so much to me beyond the plot, script, etc.

Otto
Otto
6 years ago
Reply to  Hippy

Did Anne have any interesting stories from filming “Tommy”?

Hippy
Hippy
6 years ago
Reply to  Otto

Key to working in these peoples homes is you don’t ask about their work. I had two jobs, do my job and be discreet.

I’m not their friend, but we can be friendly. There is a difference.

Otto
Otto
6 years ago
Reply to  Hippy

Sure. But a ten year stint in the big house should gather you a story or two. At least one that’s more than just about a walk in the yard.

Hippy
Hippy
6 years ago
Reply to  Otto

serious?

Hippy
Hippy
6 years ago
Reply to  Hippy

Tell you what bro, you go to the pen and report back in ten years.

Otto
Otto
6 years ago
Reply to  Hippy

I shouldn’t have to write \sarc\ when it’s painfully obvious. I mean, when I want to be friendly I might wave* to someone, but I sure as hell am not making them an Arnold Palmer.

*not to be confused with the giving of an oceanic wave. I’m not that friendly to anyone.

Hippy
Hippy
6 years ago
Reply to  Otto

She was a client of my families business for 2 decades.

Greebnurt Hurkurmurgurt
Greebnurt Hurkurmurgurt
6 years ago
Reply to  Hippy

That’s pretty special that you got to have those personal chats with her. With her homemade drink in your hand.

Hippy
Hippy
6 years ago

A lot of those type of people are lonely. They can’t just roll down to the store or have a drink in the pub. When you are low key and not interested in their fame or wealth, they enjoy a casual chat. I was in her home enough too that she trusted me. I did my job, cleaned up after myself and excused myself without any drama. Plus she loves her garden and I knew what was going on. First Arnold Palmer I ever tried. Still drink em.

Choc
Choc
6 years ago

Mid length soft boards – there are people with quivers; I wish I was joking.

Wilbur
Wilbur
6 years ago
Reply to  Choc

I just saw a Mick Fanning softop in craigslist for $600 US, the ‘Beastie’ it was called. People are spending dumb amounts of money on soft tops.

Otto
Otto
6 years ago

This speaks volumes about the litreship of the WSL.

longtom
longtom
6 years ago
Reply to  Otto

bam

Gino
Gino
6 years ago

Wow..great news.
Can’t wait.

Hippy
Hippy
6 years ago

Love the graduate. Great time capsule of a special time in a once special town. All things come to an end, but it’s nice to be reminded.

Like Shampoo…. greatest love story ever told, one decade later.

Hippy
Hippy
6 years ago

We joke, but the vast majority of surfers in these parts are riding boards that work against the rider.

NEGATRON
NEGATRON
6 years ago
Reply to  Hippy

The young wanna be pro’s and old guys stuck in a time warp with their dimensions fall into this trap but those in the middle are riding such sensible boards to to learn on.
The learning curve and the sheer volume of numbers of VALS in these parts is unnerving.

astro
astro
6 years ago
Reply to  NEGATRON

It’s a shit fight everywhere.
Quiet sessions midweek are fucked now. Even in mid-winter – floundering gym bunnies and sup cunts.

@surfads
@surfads
6 years ago
Reply to  astro

The glimpse into a full blown recession during lockdown where no one worked and everyone surfed was truly terrifying

Zero Wedge
Zero Wedge
6 years ago
Reply to  @surfads

Money from the Gov /bump to unemployment money/mortgage deferrals/eviction illegal/student loan repayment deferrals.
If I were a shaper in this new golden era I would take full payment before taking a custom order. The longer your turn around time to get a board done, they greater the risk that your customers subsidized lifestyle turns back into a pumpkin.

Re-tool into a ding repair sweatshop.
So much surface area on those midlengths.

longtom
longtom
6 years ago
Reply to  Zero Wedge

I love ding repairers.

I know a good one if anyone wants to invest in a micro-business.

Hippy
Hippy
6 years ago
Reply to  longtom

Is that what you made of the spider shed?

longtom
longtom
6 years ago
Reply to  Hippy

no-one has been in there for 10years.

Hippy
Hippy
6 years ago
Reply to  @surfads

Never been busier here. Profound how many people have nothing to do. Explosion of women too… surf schools proliferate.

Low wide stinkbug stance
Low wide stinkbug stance
6 years ago
Reply to  Hippy

Surfing has turned into aquatic yoga for a lot. I first saw that phenomenon in Costa Rica where surfing was based on time of the day (to fit in with yoga sessions and coffee), not on wind and tide. Completely different mindset.
They don’t get any set waves here, so are just an obstacle to negotiate in the lineup more than anything else.

Hippy
Hippy
6 years ago

Coppers letting you surf weekends yet?

Low wide stinkbug stance
Low wide stinkbug stance
6 years ago
Reply to  Hippy

Surfing never got shut down in Vic due to it being considered exercise.
There was however the stay at home rule which in theory should have forbidden anyone surfing away from their home break.
Yet when the wind turned a certain direction my home break somehow filled up with dozens of guys from torquay. I said to my mate “who knew there were so many locals here!”

Dogsnuts
Dogsnuts
6 years ago

I told them all to fuck off. Directly.

Hippy
Hippy
6 years ago

Forget, you’re in Vicko.

Yeah, the new surfers aren’t in it for the goods. They just want to hang out and surfing is the campfire to congregate around.

Like a typed somewhere round here…. it’s a social event.

John Wayne
John Wayne
6 years ago
Reply to  @surfads

Its still like that north of you Surfads. I miss my time in your town.

Hippy
Hippy
6 years ago
Reply to  astro

Sad to hear, your hood was quiet last visit. There is an area that is still pristine that you know of. Get on the road bro.

It’s super crowded at the obvious spots here, but the grunty ones are still empty. Like flies gather on shit or moths to a flame. Mean level of surfing is quite low though. I would say as an observation, surfing is becoming a social event as much or more than a discipline to enjoy on your own.

astro
astro
6 years ago
Reply to  Hippy

The cunts will be holding hands and singing Kumbaya soon, hip.

Hippy
Hippy
6 years ago
Reply to  astro

that is very fucked up. I spun through town maybe 5 years ago mid week and it was empty.

we knew this day would eventually come…

Dogsnuts
Dogsnuts
6 years ago
Reply to  astro

Fitness kooks.

Hippy
Hippy
6 years ago
Reply to  NEGATRON

My era made many mistakes, but we were quick to explore, identify and move on…. like one board and you’re either onto something else or committed to refinement.

These guys today are choosing fashion over function. Someone looks cool holding a 5’5″ keel fin twin with resin tint and its almost as important looking cool than surfing well. It’s so fucking crowded, maybe the shorter short board trend is a reaction of sorts, but the kids don’t seem to care about crowds.

Think about it, social mediums are addictive, herding sheep, social inclusion. They see the places I surf and ask why no one is out (sharks, locals, shallow?). I see them pull up to packed to the gills mushy point breaks and they don’t even look at it, just suit up.

Foam is your friend. As long as the template is right and your entry rocker is sorted, you can turn the volume same as you can the paper thins. More versatile too unless you live a Rifles. And I don’t.

Gwen Walz’s Eyes
Gwen Walz’s Eyes
6 years ago
Reply to  Hippy

Can we put a limit on how many comments one can make in a post? Geez Hippy get a life we’ve heard all your stories Bro. You must have made 300 comments in 2 weeks.

P.s. Friday June 12 epic here too

Gwen Walz’s Eyes
Gwen Walz’s Eyes
6 years ago

June 5 sorry

Low wide stinkbug stance
Low wide stinkbug stance
6 years ago
Reply to  NEGATRON

Here in Victoria the crowds are more than ever but the standard of surfing is worse.
So many chicks surfing but they don’t know how to be assertive so don’t get any set waves until everyone has had their fill.
There’s a whole cohort of guys in their early 20s who should be ripping but can hardly surf. Not sure if they picked up surfing late, or what, but it’s easy to get enough waves. I hear torquay is super crowded though, thanks to becoming a suburb of Geelong.

Hippy
Hippy
6 years ago

Exactly. The young guns are not blazing anymore. Sure, there are pro aspiring kids, small percentage. So many guys in their prime and they haven’t a competitive drive. Just happy go lucky “Let’s take out the Wavestorms and surf switch foot” type shit.

We were animals in comparison.

Tom
Tom
6 years ago
Reply to  NEGATRON

You only have to look at Gumtree in local area – “for sale ridden twice – need something a bit bigger!!” translation – I’m a fucking kook and bought something either from when I perhaps surfed in my teens, or conned by surfshop

Italo Post Heat Interview
Italo Post Heat Interview
6 years ago
Reply to  Hippy

I think most confuse abilities with aspirations when choosing what to ride. For example electing to ride high-performance shortboards when medium-performance surfing is the best we’re capable of on a good day.

Lemon Next to the Pie
Lemon Next to the Pie
6 years ago
Reply to  Hippy

Kind of like the wsl.

Low wide stinkbug stance
Low wide stinkbug stance
6 years ago
Reply to  Hippy

As a Victorian what I constantly see is guys riding boards designed for Queensland. Unless you are really good and /or really light weight, you will sink (especially wearing a wetsuit). This results in the spectacle of hopping up and down, waving arms and thinking you’re killing it.
A hypto krypto won’t even save you if it’s 5’6″. Add 10 litres to the board and you’d actually be able to float.
This stupidity started way back in the banana board era when boards went less than 19 inches wide.

Hippy
Hippy
6 years ago

I rode a 17 1/2 ” 6’0″ at 2 1/8″ thickness… no idea the volume back then. Hyper rockered too… Worked great at the right point breaks with steep transitions, did not work on the beach breaks or mushy reefs. Got that sorted pretty quick.

Third or Fourth trip to your area, I brought wider, less rocker and was nearing 2 1/2″ and went 4″ longer… like a north shore short board. Made all the difference. That style of board was more universal, one board quiver.

Think people should explore that concept a bit more. Not sure why I drag 3 boards around the planet when I could just take one old faithful and a back up like I did in the more neutral board 80’s.

@surfads
@surfads
6 years ago
Reply to  Hippy

I’ve got 6’2 x 18 x 2 1/4 hard coded into my subconscious as I rode it for a good 5 years in late teens early 20s. Couldn’t imagine it now

Hippy
Hippy
6 years ago
Reply to  @surfads

I rode that kind of thing for 3 decades. Two injuries in my 50’s required a new approach, but I have photos of myself from ’16 riding thin 6’2″s. They had some width though, 19 1/2″.

Fell down a cliff last year hiking into great point break in the rain. Basically fucked my winter/spring/early summer. On the backside of that injury, I had a 6’8″ built that I used to have as a travel board and have been surfing it at home, day to day.

Been toying with board neutrality ever since. I think that is the key surfads… that is where this whole thing will go. It just makes sense.


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