Market Overview:
The global touring SUP market is expected to register a CAGR of 7.5% during the forecast period, 2018-2030. The market growth can be attributed to the increasing popularity of paddle boarding as a recreational activity and rising demand for lightweight and portable SUP boards. Solid SUP boards are expected to account for a larger share of the global touring SUP market in terms of value, owing to their high durability and strength. However, inflatable SUP boards are anticipated to register higher CAGR during the forecast period due their easy portability and storage options. Offline application segment is estimated to account for majority share in terms of value in 2018, followed by online application segment. Offline applications include rental services at beaches/parks or organized group tours conducted by tour operators/travel agencies; whereas online applications comprise sale through e-commerce platforms or direct sales from manufacturers/distributors websites/portals).
Product Definition:
A Touring SUP is a stand-up paddleboard designed for long-distance travel. They are typically larger and wider than traditional boards, with a displacement hull that makes them more stable and efficient in the water. Touring SUPs are perfect for paddlers looking to explore new waterways or take on longer distances.
Solid SUP Boards:
Solid SUP boards are also known as hardwood skateboards. They are made of solid wood and can be used for both indoor and outdoor purposes. The product is gaining popularity in the global market owing to its durability, strength, flexibility, smoothness underfoot and ease of use it offers while performing various physical activities including surfing, skating or just plain walking.
Inflatable SUP Boards:
Inflatable SUP boards are lightweight, portable and versatile watercraft that is used for surfing, stand up paddling or flat water traveling. It is a type of surfboard that can be deflated and rolled up and stored in the included waterproof bag when it's not in use. The growing popularity of outdoor recreational activities including surfing, fishing, camping among adventure enthusiasts has been driving the inflatable SUP boards market globally.
Application Insights:
The offline segment dominated the global touring SUP market in 2017 and is expected to maintain its dominance over the forecast period. Offline tours are popular as they allow consumers to experience real water conditions, which helps them make a better decision about purchasing a board. Online tours, on the other hand, offer an opportunity for consumers who have already purchased a board to paddle with it across various locations worldwide. This option also allows retailers to deliver products directlyto customers¢â‚¬â„¢ doorssteps at minimal additional cost.
Offline tour operators benefit from economies of scale by charging lower prices per head than online tour operators while offering similar or even more services in some cases.
Regional Analysis:
North America dominated the global touring SUP market in 2017. The region is expected to witness a considerable growth rate of over 10% from 2018 to 2030. This can be attributed to the increasing popularity of water sports and adventure sports, which has led consumers across this region into buying these boards for their homes as well as travel destinations. Moreover, with an increase in awareness regarding health and fitness along with rising competition among friends & colleagues on who could surf the longest or biggest wave, people are opting for these boards due to their portability and ease of use while traveling around cities or during leisure time.
Asia Pacific is anticipated to emerge as one of the fastest-growing regions owing its large coastlinelines offering numerous places for surfing opportunities every year. Furthermore, countries such as China & Japan have been hosting various international competitions including world championships on a regular basis which has increased consumer awareness about these products leading into higher sales volume across this region over the forecast period (2018 - 2030).
Growth Factors:
- Increasing popularity of paddle boarding in general.
- More people are discovering the fun and fitness benefits of SUP touring.
- Advances in SUP technology, making boards lighter and easier to transport.
- More affordable SUP touring gear becoming available on the market .
Scope Of The Report
Report Attributes
Report Details
Report Title
Touring SUP Market Research Report
By Type
Solid SUP Boards, Inflatable SUP Boards
By Application
Online, Offline
By Companies
SUP ATX, Naish Surfing, BIC Sport, Boardworks, C4 Waterman, Tower Paddle Boards, un Dolphin, Rave Sports Inc, RED Paddle, EXOCETORIGINAL, SUP ATX, NRS, F-one SUP, Clear Blue Hawaii, SlingShot, Hobie, Laird StandUp, Sea Eagle, Airhead
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
161
Number of Tables & Figures
113
Customization Available
Yes, the report can be customized as per your need.
Global Touring SUP Market Report Segments:
The global Touring SUP market is segmented on the basis of:
Types
Solid SUP Boards, Inflatable SUP Boards
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Online, Offline
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SUP ATX
- Naish Surfing
- BIC Sport
- Boardworks
- C4 Waterman
- Tower Paddle Boards
- un Dolphin
- Rave Sports Inc
- RED Paddle
- EXOCETORIGINAL
- SUP ATX
- NRS
- F-one SUP
- Clear Blue Hawaii
- SlingShot
- Hobie
- Laird StandUp
- Sea Eagle
- Airhead
Highlights of The Touring SUP Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Solid SUP Boards
- Inflatable SUP Boards
- By Application:
- Online
- Offline
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Touring SUP Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Touring SUP is a type of stand up paddleboarding that allows you to explore different areas by traveling on the water.
Some of the key players operating in the touring sup market are SUP ATX, Naish Surfing, BIC Sport, Boardworks, C4 Waterman, Tower Paddle Boards, un Dolphin, Rave Sports Inc, RED Paddle, EXOCETORIGINAL, SUP ATX, NRS, F-one SUP, Clear Blue Hawaii, SlingShot, Hobie, Laird StandUp, Sea Eagle, Airhead.
The touring sup market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Touring SUP Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Touring SUP Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Touring SUP Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Touring SUP Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Touring SUP Market Size & Forecast, 2020-2028 4.5.1 Touring SUP Market Size and Y-o-Y Growth 4.5.2 Touring SUP Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Solid SUP Boards
5.2.2 Inflatable SUP Boards
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Online
6.2.2 Offline
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Touring SUP Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Touring SUP Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Solid SUP Boards
9.6.2 Inflatable SUP Boards
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Online
9.10.2 Offline
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Solid SUP Boards
10.6.2 Inflatable SUP Boards
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Online
10.10.2 Offline
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Solid SUP Boards
11.6.2 Inflatable SUP Boards
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Online
11.10.2 Offline
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Solid SUP Boards
12.6.2 Inflatable SUP Boards
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Online
12.10.2 Offline
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Solid SUP Boards
13.6.2 Inflatable SUP Boards
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Online
13.10.2 Offline
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Touring SUP Market: Competitive Dashboard
14.2 Global Touring SUP Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SUP ATX
14.3.2 Naish Surfing
14.3.3 BIC Sport
14.3.4 Boardworks
14.3.5 C4 Waterman
14.3.6 Tower Paddle Boards
14.3.7 un Dolphin
14.3.8 Rave Sports Inc
14.3.9 RED Paddle
14.3.10 EXOCETORIGINAL
14.3.11 SUP ATX
14.3.12 NRS
14.3.13 F-one SUP
14.3.14 Clear Blue Hawaii
14.3.15 SlingShot
14.3.16 Hobie
14.3.17 Laird StandUp
14.3.18 Sea Eagle
14.3.19 Airhead