Market Overview:
The global skateboard market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing popularity of skateboarding among kids, teenagers, and adults across the globe. In addition, the growing demand for cruiser boards and longboards is also contributing to the growth of this market. Park boards are expected to dominate this market in terms of revenue share during the forecast period owing to their high demand among beginner skaters. North America is estimated to account for a major share of this market in 2018, followed by Europe and Asia Pacific.
Product Definition:
A skateboard is a type of transportation consisting of a platform with four small wheels that is used to ride on. Skateboarding can be a recreational activity, an extreme sport, or a way to get around town.
Park Boards:
Park boards are thin, flat pieces of wood that come in a variety of shapes and sizes. They are used to perform grinds and slides on while performing tricks. The most common slide performed is the frontside or heel side slide which requires the rider to stand next to a rail, hold onto it with one hand and then sliding down using the other hand as support.
Cruiser Boards:
Cruiser boards are also known as longboards and are longer and wider than a typical skateboard. They have larger wheel diameter (8.75-9.25 inches) and more stable construction, which makes them better for cruising on flat surfaces like roads, pavements or parks rather than doing tricks.
The wheels of a cruiser board are bigger in size as compared to that of a skateboard making it easier to keep the balance while riding along with higher speed.
Application Insights:
The kids application segment accounted for the largest share of more than 50.0% in 2017. The growth can be attributed to the increasing popularity of skateboarding among children and teenagers. According to a blog by USA Today, ¢â‚¬Å“In 2014, according to data from the National Interscholastic Association, nearly 3 million students participated in sports and extracurricular activities; about 1 million competed in interscholastic sports; and about 2 million were involved in fitness activities such as track & field or basketball¢â‚¬. Furthermore, according to a study published by America's Health Insurance Plans (AHIP), skateboarding is one of the most popular physical activity among kids that reduces risks for developing chronic diseases including heart disease, diabetes mellitus type 2 and certain types of cancer over time.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of around 4% over the forecast period. This can be attributed to increasing awareness regarding skateboarding, availability of well-established markets and growing popularity of various competitions on television screens and online platforms. Moreover, presence of prominent manufacturers in this region is also anticipated to boost product sales over the next eight years.
Europe accounted for more than 20% share in terms of revenue in 2017 owing to increased demand from countries including Germany, U.K.
Growth Factors:
- Increasing popularity of extreme sports and adventure activities among youngsters.
- Growing demand for eco-friendly transportation options.
- Proliferation of skateparks and other skating infrastructure around the world.
- Rising number of professional skateboarders and enthusiasts endorsing the sport through social media platforms like YouTube, Instagram, etcetera
Scope Of The Report
Report Attributes
Report Details
Report Title
Skateboard Market Research Report
By Type
Park Boards, Cruiser Boards, Longboard, Other Borrd
By Application
Kids, Teenagers, Adults
By Companies
Element Skateboards, Boiling Point, Plan B, Krown Skateboards, SK8 Factory, Skate One, Absolute Board, Alien Workshop, Artprint, Zero Skateboards, Control Skateboards, Razor, Carver Skateboards, Almost Skateboards
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
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global Skateboard Market Report Segments:
The global Skateboard market is segmented on the basis of:
Types
Park Boards, Cruiser Boards, Longboard, Other Borrd
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
Kids, Teenagers, Adults
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:
- Element Skateboards
- Boiling Point
- Plan B
- Krown Skateboards
- SK8 Factory
- Skate One
- Absolute Board
- Alien Workshop
- Artprint
- Zero Skateboards
- Control Skateboards
- Razor
- Carver Skateboards
- Almost Skateboards
Highlights of The Skateboard 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:
- Park Boards
- Cruiser Boards
- Longboard
- Other Borrd
- By Application:
- Kids
- Teenagers
- Adults
- 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 Skateboard 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Skateboarding is a sport that involves riding on a skateboard on pavement, dirt, or snow.
Some of the major players in the skateboard market are Element Skateboards, Boiling Point, Plan B, Krown Skateboards, SK8 Factory, Skate One, Absolute Board, Alien Workshop, Artprint, Zero Skateboards, Control Skateboards, Razor, Carver Skateboards, Almost Skateboards.
The skateboard market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Skateboard 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 Skateboard Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Skateboard 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 Skateboard 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 Skateboard Market Size & Forecast, 2020-2028 4.5.1 Skateboard Market Size and Y-o-Y Growth 4.5.2 Skateboard 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 Park Boards
5.2.2 Cruiser Boards
5.2.3 Longboard
5.2.4 Other Borrd
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 Kids
6.2.2 Teenagers
6.2.3 Adults
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Skateboard 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 Skateboard 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 Park Boards
9.6.2 Cruiser Boards
9.6.3 Longboard
9.6.4 Other Borrd
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 Kids
9.10.2 Teenagers
9.10.3 Adults
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 Park Boards
10.6.2 Cruiser Boards
10.6.3 Longboard
10.6.4 Other Borrd
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 Kids
10.10.2 Teenagers
10.10.3 Adults
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 Park Boards
11.6.2 Cruiser Boards
11.6.3 Longboard
11.6.4 Other Borrd
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 Kids
11.10.2 Teenagers
11.10.3 Adults
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 Park Boards
12.6.2 Cruiser Boards
12.6.3 Longboard
12.6.4 Other Borrd
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 Kids
12.10.2 Teenagers
12.10.3 Adults
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 Park Boards
13.6.2 Cruiser Boards
13.6.3 Longboard
13.6.4 Other Borrd
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 Kids
13.10.2 Teenagers
13.10.3 Adults
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 Skateboard Market: Competitive Dashboard
14.2 Global Skateboard Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Element Skateboards
14.3.2 Boiling Point
14.3.3 Plan B
14.3.4 Krown Skateboards
14.3.5 SK8 Factory
14.3.6 Skate One
14.3.7 Absolute Board
14.3.8 Alien Workshop
14.3.9 Artprint
14.3.10 Zero Skateboards
14.3.11 Control Skateboards
14.3.12 Razor
14.3.13 Carver Skateboards
14.3.14 Almost Skateboards