Market Overview:
The global SUP boards 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 disposable income of consumers. In terms of type, the market has been segmented into less than US0, US0 - US9, US0 - 9, US0 - 9, and aboveUS00 segments. Among these segments, the aboveUS00 segment is expected to register highest CAGR during the forecast period owing to increase in demand for high-end SUP boards across regions. In terms of application, the market has been segmented into under-20 old years group; 20 - 30 old years group; 30 - 40 old years group; 40 – 50 old years group and more than 50old year groups respectively. Among these groupsings ,the 20 – 30old year olds are anticipated topresent highest demand for SUP boardsduringthe forecastperiod .
Product Definition:
A SUP board is a type of watercraft that consists of a large, flat, buoyant surface that is ridden standing up. It can be used for either racing or recreation.
Less Than US0:
It is the most trending and important segment in the global SUP boards market. It has been observed that this segment has increased rapidly over the last few years, especially in developed countries such as U.S., Canada, Germany, France and Australia among others.
The less than US0 category is witnessing significant growth owing to its benefits which include durability, strength.
US0 - US9:
The market for US0 - US9 is expected to witness significant growth over the forecast period. The key factor attributing to its rapid growth is increasing consumer preference towards surfing as a sport and adventure activity. Moreover, rising disposable income in countries such as China, Japan, Australia, South Korea and India has resulted in increased spending on sports equipment including surfboards.
Surfing has been gaining popularity among all age groups due to its health benefits such as improved blood circulation.
Application Insights:
The 20 - 30 old years group held the largest market share of more than 40% in 2017. The rising number of working population across the world is one of the major factors driving product demand in this segment. In addition, increasing disposable income and standard of living among a particular age-group also boosts SUP boards sales for less than US0 category.
The 20 - 40 old years group held a significant market share in 2017 and is expected to witness growth over the forecast period owing to growing interest among young adults towards water sports including surfing, windsurfing and kitesurfing. Moreover, increasing availability of affordable products along with high demand for outdoor activities will drive industry growth over the forecast period.
Regional Analysis:
Europe dominated the global market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to increased participation and performance of wakeboarders and water skiers worldwide. Furthermore, countries such as France, Italy, Spain are some of the biggest consumers for SUPs due to its rich history with water sports activities such as windsurfing and canoeing; hence making it one of the most preferred regions for this sport globally.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing to increasing popularity in countries like Japan.
North America was another key contributor towards industry growth that year wherein U.S.
Growth Factors:
- Increasing popularity of paddle boarding as a recreational activity
- Growing demand for SUP boards from the tourism sector
- Rising number of women participants in paddle boarding
- Proliferation of online stores that sell SUP boards and accessories
- Introduction of new and innovative SUP board designs
Scope Of The Report
Report Attributes
Report Details
Report Title
SUP Boards Market Research Report
By Type
Less Than US$200, US$200 - US$499, US$500 - US$799, US$800 - US$999, US$1000 - US$1500, Above US$1500
By Application
Under-20 old years, 20 - 30 old years, 30 - 40 old years, 40 - 50 old years, More than 50 old years
By Companies
Accent, Advanced Elements, Aquaglide, Bending Branches, BIC, Blue Wave, Boardworks, Connelly, Kialoa, Kwik Tek, L.L.Bean, Naish, NRS, Project Runway, Propel, RAVE Sports, Seattle Sports, Surftech, Werner
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
196
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global SUP Boards Market Report Segments:
The global SUP Boards market is segmented on the basis of:
Types
Less Than US$200, US$200 - US$499, US$500 - US$799, US$800 - US$999, US$1000 - US$1500, Above US$1500
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
Under-20 old years, 20 - 30 old years, 30 - 40 old years, 40 - 50 old years, More than 50 old years
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:
- Accent
- Advanced Elements
- Aquaglide
- Bending Branches
- BIC
- Blue Wave
- Boardworks
- Connelly
- Kialoa
- Kwik Tek
- L.L.Bean
- Naish
- NRS
- Project Runway
- Propel
- RAVE Sports
- Seattle Sports
- Surftech
- Werner
Highlights of The SUP Boards 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:
- Less Than US$200
- US$200 - US$499
- US$500 - US$799
- US$800 - US$999
- US$1000 - US$1500
- Above US$1500
- By Application:
- Under-20 old years
- 20 - 30 old years
- 30 - 40 old years
- 40 - 50 old years
- More than 50 old years
- 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 SUP Boards 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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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?
SUP Boards are stand-up paddle boards. They are a type of watercraft that uses an inflatable board and a paddle to move through the water.
Some of the major players in the sup boards market are Accent, Advanced Elements, Aquaglide, Bending Branches, BIC, Blue Wave, Boardworks, Connelly, Kialoa, Kwik Tek, L.L.Bean, Naish, NRS, Project Runway, Propel, RAVE Sports, Seattle Sports, Surftech, Werner.
The sup boards market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 SUP Boards 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 SUP Boards Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 SUP Boards 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 SUP Boards 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 SUP Boards Market Size & Forecast, 2018-2028
4.5.1 SUP Boards Market Size and Y-o-Y Growth
4.5.2 SUP Boards Market Absolute $ Opportunity
Chapter 5 Global SUP Boards 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 SUP Boards Market Size Forecast by Type
5.2.1 Less Than US$200
5.2.2 US$200 - US$499
5.2.3 US$500 - US$799
5.2.4 US$800 - US$999
5.2.5 US$1000 - US$1500
5.2.6 Above US$1500
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global SUP Boards 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 SUP Boards Market Size Forecast by Applications
6.2.1 Under-20 old years
6.2.2 20 - 30 old years
6.2.3 30 - 40 old years
6.2.4 40 - 50 old years
6.2.5 More than 50 old years
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global SUP Boards 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 SUP Boards 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 SUP Boards Analysis and Forecast
9.1 Introduction
9.2 North America SUP Boards 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 SUP Boards Market Size Forecast by Type
9.6.1 Less Than US$200
9.6.2 US$200 - US$499
9.6.3 US$500 - US$799
9.6.4 US$800 - US$999
9.6.5 US$1000 - US$1500
9.6.6 Above US$1500
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 SUP Boards Market Size Forecast by Applications
9.10.1 Under-20 old years
9.10.2 20 - 30 old years
9.10.3 30 - 40 old years
9.10.4 40 - 50 old years
9.10.5 More than 50 old years
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 SUP Boards Analysis and Forecast
10.1 Introduction
10.2 Europe SUP Boards 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 SUP Boards Market Size Forecast by Type
10.6.1 Less Than US$200
10.6.2 US$200 - US$499
10.6.3 US$500 - US$799
10.6.4 US$800 - US$999
10.6.5 US$1000 - US$1500
10.6.6 Above US$1500
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 SUP Boards Market Size Forecast by Applications
10.10.1 Under-20 old years
10.10.2 20 - 30 old years
10.10.3 30 - 40 old years
10.10.4 40 - 50 old years
10.10.5 More than 50 old years
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 SUP Boards Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific SUP Boards 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 SUP Boards Market Size Forecast by Type
11.6.1 Less Than US$200
11.6.2 US$200 - US$499
11.6.3 US$500 - US$799
11.6.4 US$800 - US$999
11.6.5 US$1000 - US$1500
11.6.6 Above US$1500
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 SUP Boards Market Size Forecast by Applications
11.10.1 Under-20 old years
11.10.2 20 - 30 old years
11.10.3 30 - 40 old years
11.10.4 40 - 50 old years
11.10.5 More than 50 old years
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 SUP Boards Analysis and Forecast
12.1 Introduction
12.2 Latin America SUP Boards 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 SUP Boards Market Size Forecast by Type
12.6.1 Less Than US$200
12.6.2 US$200 - US$499
12.6.3 US$500 - US$799
12.6.4 US$800 - US$999
12.6.5 US$1000 - US$1500
12.6.6 Above US$1500
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 SUP Boards Market Size Forecast by Applications
12.10.1 Under-20 old years
12.10.2 20 - 30 old years
12.10.3 30 - 40 old years
12.10.4 40 - 50 old years
12.10.5 More than 50 old years
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) SUP Boards Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) SUP Boards 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) SUP Boards Market Size Forecast by Type
13.6.1 Less Than US$200
13.6.2 US$200 - US$499
13.6.3 US$500 - US$799
13.6.4 US$800 - US$999
13.6.5 US$1000 - US$1500
13.6.6 Above US$1500
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) SUP Boards Market Size Forecast by Applications
13.10.1 Under-20 old years
13.10.2 20 - 30 old years
13.10.3 30 - 40 old years
13.10.4 40 - 50 old years
13.10.5 More than 50 old years
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 SUP Boards Market: Competitive Dashboard
14.2 Global SUP Boards Market: Market Share Analysis, 2019
14.3 Company Profiles (Details - Overview, Financials, Developments, Strategy)
14.3.1 Accent
14.3.2 Advanced Elements
14.3.3 Aquaglide
14.3.4 Bending Branches
14.3.5 BIC
14.3.6 Blue Wave
14.3.7 Boardworks
14.3.8 Connelly
14.3.9 Kialoa
14.3.10 Kwik Tek
14.3.11 L.L.Bean
14.3.12 Naish
14.3.13 NRS
14.3.14 Project Runway
14.3.15 Propel
14.3.16 RAVE Sports
14.3.17 Seattle Sports
14.3.18 Surftech
14.3.19 Werner
