Market Overview:
The global stand up paddle boarding paddle market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing popularity of SUP, rising disposable income, and growing awareness about health and fitness benefits associated with SUP. Based on type, the carbon fiber segment is expected to lead the global stand up paddle boarding paddle market during the forecast period. This can be attributed to its properties such as high strength-to-weight ratio and corrosion resistance which make it suitable for use in various applications.
Product Definition:
A paddle is an implement used to move a boat or other watercraft through the water.
Carbon Fiber:
Carbon fiber is a very strong, lightweight and rigid material. It has high tensile strength and low weight which makes it an ideal choice for manufacturing Stand Up Paddle Boarding (SU PB) or Stand Up Paddling (SU PP). The growing popularity of outdoor sports activities such as surfing, wakeboarding, waterskiing & scuba diving among others are expected to drive the demand for carbon fiber in SU PP over the forecast period.
Fiberglass:
Fiberglass is a type of glass that is made up of sand, along with other materials which are heated to very high temperatures. The end product consists of fibers which are extremely thin and flexible. These fibers can be used in various applications including fishing lines, clothing fabrics, paper filaments and many more.
Application Insights:
The large rivers and canals application segment accounted for the largest share of over 40% in 2017. This is attributed to extensive government investments for the construction of new irrigation systems and drainage systems in agricultural fields across the globe. Moreover, increasing urbanization has led to an increase in demand for recreational activities such as stand up paddle boarding among residents living near lakes or reservoirs.
Ocean wave application is expected to witness significant growth over the forecast period owing to its growing popularity among surfers around the world.
Regional Analysis:
North America dominated the global market in 2017. The growth is attributed to increasing awareness about water sports and adventure tourism, presence of a large number of lakes and rivers for stand up paddle boarding (SUP), easy availability of Boardsports stores that provide necessary equipment, and organized events such as World SUP Championship held annually in United States.
Asia Pacific is expected to witness the fastest growth over the forecast period owing to growing interest among tourists towards adventure activities such as trekking, white-water rafting, mountain climbing etc., development of infrastructure including artificial lakes for water sports including kayaking & Stand Up Paddleboarding (SUP) which includes construction of bridges & underpasses for flat waters along with artificial waves at suitable places. This will increase demand for boardsports equipment which will further boost industry expansion over next eight years.
Growth Factors:
- Increasing popularity of paddle boarding as a recreational activity
- Growing demand for SUP boards from beginner and intermediate riders
- Proliferation of online videos and social media platforms that promote paddle boarding
- Rising number of water sports festivals and competitions that feature paddle boarding events
- Steady growth in the number of retail stores that sell SUP boards and accessories
Scope Of The Report
Report Attributes
Report Details
Report Title
Stand Up Paddle Boarding Paddle Market Research Report
By Type
Carbon Fiber, Fiberglass, Wood, Others
By Application
Flat Lake Water, Large Rivers and Canals, Ocean Wave
By Companies
SUP ATX, Naish Surfing, BIC Sport, Boardworks, C4 Waterman, Tower Paddle Boards, Sun Dolphin, Rave Sports Inc, RED Paddle, EXOCET- ORIGINAL, SUP ATX, NRS, 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
207
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Stand Up Paddle Boarding Paddle Market Report Segments:
The global Stand Up Paddle Boarding Paddle market is segmented on the basis of:
Types
Carbon Fiber, Fiberglass, Wood, Others
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
Flat Lake Water, Large Rivers and Canals, Ocean Wave
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
- Sun Dolphin
- Rave Sports Inc
- RED Paddle
- EXOCET- ORIGINAL
- SUP ATX
- NRS
- Clear Blue Hawaii
- SlingShot
- Hobie.
- Laird StandUp
- Sea Eagle
- Airhead
Highlights of The Stand Up Paddle Boarding Paddle 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:
- Carbon Fiber
- Fiberglass
- Wood
- Others
- By Application:
- Flat Lake Water
- Large Rivers and Canals
- Ocean Wave
- 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 Stand Up Paddle Boarding Paddle 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
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- Product & Brand Management
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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?
Stand up paddle boarding is a sport that uses a long board with two or more paddles attached to it. The person stands on the board and uses the paddles to move through water.
Some of the major companies in the stand up paddle boarding paddle market are SUP ATX, Naish Surfing, BIC Sport, Boardworks, C4 Waterman, Tower Paddle Boards, Sun Dolphin, Rave Sports Inc, RED Paddle, EXOCET- ORIGINAL, SUP ATX, NRS, Clear Blue Hawaii, SlingShot, Hobie., Laird StandUp, Sea Eagle, Airhead.
The stand up paddle boarding paddle market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Stand Up Paddle Boarding Paddle 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 Stand Up Paddle Boarding Paddle Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Stand Up Paddle Boarding Paddle 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 Stand Up Paddle Boarding Paddle 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 Stand Up Paddle Boarding Paddle Market Size & Forecast, 2020-2028
4.5.1 Stand Up Paddle Boarding Paddle Market Size and Y-o-Y Growth
4.5.2 Stand Up Paddle Boarding Paddle 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 Carbon Fiber
5.2.2 Fiberglass
5.2.3 Wood
5.2.4 Others
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 Flat Lake Water
6.2.2 Large Rivers and Canals
6.2.3 Ocean Wave
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Stand Up Paddle Boarding Paddle 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 Stand Up Paddle Boarding Paddle 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 Carbon Fiber
9.6.2 Fiberglass
9.6.3 Wood
9.6.4 Others
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 Flat Lake Water
9.10.2 Large Rivers and Canals
9.10.3 Ocean Wave
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 Carbon Fiber
10.6.2 Fiberglass
10.6.3 Wood
10.6.4 Others
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 Flat Lake Water
10.10.2 Large Rivers and Canals
10.10.3 Ocean Wave
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 Carbon Fiber
11.6.2 Fiberglass
11.6.3 Wood
11.6.4 Others
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 Flat Lake Water
11.10.2 Large Rivers and Canals
11.10.3 Ocean Wave
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 Carbon Fiber
12.6.2 Fiberglass
12.6.3 Wood
12.6.4 Others
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 Flat Lake Water
12.10.2 Large Rivers and Canals
12.10.3 Ocean Wave
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 Carbon Fiber
13.6.2 Fiberglass
13.6.3 Wood
13.6.4 Others
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 Flat Lake Water
13.10.2 Large Rivers and Canals
13.10.3 Ocean Wave
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 Stand Up Paddle Boarding Paddle Market: Competitive Dashboard
14.2 Global Stand Up Paddle Boarding Paddle 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 Sun Dolphin
14.3.8 Rave Sports Inc
14.3.9 RED Paddle
14.3.10 EXOCET- ORIGINAL
14.3.11 SUP ATX
14.3.12 NRS
14.3.13 Clear Blue Hawaii
14.3.14 SlingShot
14.3.15 Hobie.
14.3.16 Laird StandUp
14.3.17 Sea Eagle
14.3.18 Airhead
