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 adults and kids alike. Additionally, the growing demand for eco-friendly transportation options is also propelling the growth of the global skateboard market. On the basis of type, toy skateboards account for a major share in the global skateboard market owing to their low price and easy availability. However, professional skateboards are witnessing a higher growth rate as they offer better performance and durability than toy boards. On the basis of application, adults account for a larger share in terms of revenue in comparison with kids’ applications; however, kids’ applications are expected to witness higher growth rates during the forecast period owing to rising awareness about skating among children across regions.
Product Definition:
A skateboard is a type of sports equipment used primarily for transportation or recreation. It consists of a board made of wood, plastic, or composites and trucks attached to the board which hold the wheels. Skateboarding can be done on paved roads, smooth concrete surfaces, or other hard surfaces such as pool decks and street skating.
Toy Skateboard:
The global toy skateboard market size was valued at USD 4.5 billion in 2015 and is expected to witness significant growth over the forecast period owing to growing popularity of outdoor sports among children. The increasing number of injuries during skateboarding, lack of safety measures, and parents' concerns regarding their children's safety are some factors that may hinder the industry growth.
Professional Skateboard:
Professional skateboard is a type of skateboard which is used by professional skaters for competition as well as for personal use. It has stiffer and larger trucks than the standard board, which makes it capable of carrying more weight and allows the rider to perform aerial tricks. The increased stability provided by these boards makes them suitable for flat land tricks too.
Application Insights:
Adults application segment dominated the global skate board market in 2017. The adults application segment includes professional and adult skateboarders. Professional skateboarders prefer to ride on real boards as compared to kids or toy boards because professional ones are more stable, durable and fun. Also, they require a larger area for skating which is not possible in a small room so people prefer adult sized boards for that purpose only.
The kid's application segment is expected to witness significant growth over the forecast period owing to increasing interest among parents towards this sport as an activity suitable for their children. Moreover, many companies are involved in manufacturing kid's version of pro-quality real wood decks which have features such as wider trucks (hulls of the wheels) and softer drops (fills between the deck and bearing).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a considerable growth rate of over 6% from 2018 to 2030. This can be attributed to increasing popularity of skateboarding as a sport and availability of well-established skate parks in the region. In addition, presence of prominent companies such as Girl Skateboards, Inc., and Plan B that are actively involved in promoting skateboarding as a sport is also expected to drive regional market growth over the forecast period.
Asia Pacific is anticipated to emerge as one of the fastest-growing regions during the forecast period owing its increasing population and urbanization trends that lead people towards seeking entertainment activities such as skating for leisure time which will eventually drive demand for different types boards including longboard, cruiser board, single deck etc.
Growth Factors:
- Increasing popularity of extreme sports and skateboarding as a recreational activity.
- Growing number of skate parks and other infrastructure development to support the sport.
- Rising demand from emerging markets, especially in Asia Pacific region
- Proliferation of online video content featuring skateboarding stunts and tricks that is attracting new enthusiasts to the sport
- Development of innovative products and technologies that make skating more fun, safe, and accessible for people of all ages
Scope Of The Report
Report Attributes
Report Details
Report Title
Skate Board Market Research Report
By Type
Toy Skateboard, Professional Skateboard
By Application
Adults, Kids
By Companies
Skate One, Control, 99 Factory, South Central Skateboard, Challenge Skateboards, Cirus Skateboards, Sans Usa, Omni Skateboards Australia, Kick Flip, Heskins
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Skate Board Market Report Segments:
The global Skate Board market is segmented on the basis of:
Types
Toy Skateboard, Professional Skateboard
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
Adults, Kids
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:
- Skate One
- Control
- 99 Factory
- South Central Skateboard
- Challenge Skateboards
- Cirus Skateboards
- Sans Usa
- Omni Skateboards Australia
- Kick Flip
- Heskins
Highlights of The Skate Board 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:
- Toy Skateboard
- Professional Skateboard
- By Application:
- Adults
- Kids
- 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 Skate Board 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 ice.
Some of the key players operating in the skate board market are Skate One, Control, 99 Factory, South Central Skateboard, Challenge Skateboards, Cirus Skateboards, Sans Usa, Omni Skateboards Australia, Kick Flip, Heskins.
The skate board market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Skate Board Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Skate Board Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Skate Board Market - Supply Chain
4.5. Global Skate Board Market Forecast
4.5.1. Skate Board Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Skate Board Market Size (000 Units) and Y-o-Y Growth
4.5.3. Skate Board Market Absolute $ Opportunity
5. Global Skate Board Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Skate Board Market Size and Volume Forecast by Type
5.3.1. Toy Skateboard
5.3.2. Professional Skateboard
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Skate Board Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Skate Board Market Size and Volume Forecast by Application
6.3.1. Adults
6.3.2. Kids
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Skate Board Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Skate Board Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Skate Board Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Skate Board Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Skate Board Demand Share Forecast, 2019-2026
9. North America Skate Board Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Skate Board Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Skate Board Market Size and Volume Forecast by Application
9.4.1. Adults
9.4.2. Kids
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Skate Board Market Size and Volume Forecast by Type
9.7.1. Toy Skateboard
9.7.2. Professional Skateboard
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Skate Board Demand Share Forecast, 2019-2026
10. Latin America Skate Board Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Skate Board Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Skate Board Market Size and Volume Forecast by Application
10.4.1. Adults
10.4.2. Kids
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Skate Board Market Size and Volume Forecast by Type
10.7.1. Toy Skateboard
10.7.2. Professional Skateboard
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Skate Board Demand Share Forecast, 2019-2026
11. Europe Skate Board Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Skate Board Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Skate Board Market Size and Volume Forecast by Application
11.4.1. Adults
11.4.2. Kids
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Skate Board Market Size and Volume Forecast by Type
11.7.1. Toy Skateboard
11.7.2. Professional Skateboard
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Skate Board Demand Share, 2019-2026
12. Asia Pacific Skate Board Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Skate Board Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Skate Board Market Size and Volume Forecast by Application
12.4.1. Adults
12.4.2. Kids
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Skate Board Market Size and Volume Forecast by Type
12.7.1. Toy Skateboard
12.7.2. Professional Skateboard
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Skate Board Demand Share, 2019-2026
13. Middle East & Africa Skate Board Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Skate Board Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Skate Board Market Size and Volume Forecast by Application
13.4.1. Adults
13.4.2. Kids
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Skate Board Market Size and Volume Forecast by Type
13.7.1. Toy Skateboard
13.7.2. Professional Skateboard
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Skate Board Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Skate Board Market: Market Share Analysis
14.2. Skate Board Distributors and Customers
14.3. Skate Board Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Skate One
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Control
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. 99 Factory
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. South Central Skateboard
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Challenge Skateboards
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Cirus Skateboards
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Sans Usa
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Omni Skateboards Australia
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Kick Flip
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Heskins
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
