Market Overview:
The global skateboard trucks market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing popularity of skateboarding, rising disposable income, and growing demand for lightweight trucks. The global skateboard trucks market is segmented on the basis of type into hollow and solid truck types. The hollow truck type is expected to account for a larger share in the market than solid truck type during the forecast period. This can be attributed to their light weight, which makes them ideal for skating purposes. On the basis of application, supermarket accounted for a larger share in 2017 and this trend is projected to continue during the forecast period owing to an increase in awareness about skating among consumers across regions.
Product Definition:
Skateboard Trucks are metal or plastic devices that attach the skateboard wheels to the deck. They come in a variety of shapes and sizes, and are typically color-coded to match the skateboard deck. Skateboard Trucks play an important role in how a skateboard performs, as they dictate how much turning ability a board has, and how stable it is at high speeds. There are two main types of trucks - standard (or "street") trucks, which are ideal for street skating, and carving trucks, which have been designed for more technical tricks on vert or half pipes.
Hollow:
Hollow is a type of skateboard truck that has been used by many professional skateboarders. It's design allows for more wheelbase, which in turn provides better stability and control to the rider. The trucks are manufactured from high-quality aluminum and have a very low center of gravity, which makes them ideal for grinds and slides.
The market size hollow skateboard trucks market was valued at USD 575 million in 2016.
Solid:
The solid is a type of skateboard truck. It has no internal mechanism and is made entirely of wood. Also, it does not have any metal or plastic components in it at all. The trucks that are manufactured without any internal mechanism are also known as solid trucks and they were first produced by Alan Gelfand, who started the company “Anti-Hero” in California in the year 2009.
Application Insights:
Supermarket sales dominated the overall industry in 2017, accounting for over 60.0% of the global revenue share. The growth can be attributed to increased spending on sports and recreational activities by the middle-class population in developing countries including India and China. Moreover, supermarkets are increasingly stocking skateboard specific products such as trucks and wheels, which is expected to drive demand further. Internet sales accounted for a significant market share in terms of revenue as well as volume in 2017 owing to easy access to online stores from any part of the world with a computer or smartphone device coupled with improved infrastructure facilities such as broadband internet subscriptions at an affordable cost across various regions globally.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of over 6% from 2018 to 2030. This can be attributed to the increasing popularity of skateboarding as a sport and an activity that helps build confidence, teamwork skills, and creativity among children and teenagers. In addition, presence of prominent skateboard companies such as Krooked Inc., Alien Workshop, Chocolate Skateboards & Blind Skateboards has been fueling product demand in the region since past few years.
Asia Pacific is anticipated to register significant growth over the forecast period owing to increasing number of competitions held across countries such as China, Japan, Australia etc., which will lead into higher adoption rates for innovative sports equipment including skateboard trucks within regional markets.
Growth Factors:
- Increasing demand for skateboards from youngsters as a mode of transportation
- Growing popularity of extreme sports and adventure tourism
- Rising disposable income of the middle-class population in developing countries
- Proliferation of online shopping platforms that offer discounts on skateboard trucks
- Introduction of innovative products with advanced features by leading players
Scope Of The Report
Report Attributes
Report Details
Report Title
Skateboard Trucks Market Research Report
By Type
Hollow, Solid
By Application
Supermarket, Specialist Retailers, Internet Sales, Others
By Companies
Independent, Quest Boards, THUNDER Trucks, Venture Trucks, TENSOR Trucks, Owlsome Skateboard, Krux Trucks, Mini-Logo Skateboards, Bear Trucks, Caliber, Gullwing, Paris Trucks
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Skateboard Trucks Market Report Segments:
The global Skateboard Trucks market is segmented on the basis of:
Types
Hollow, Solid
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
Supermarket, Specialist Retailers, Internet Sales, Others
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:
- Independent
- Quest Boards
- THUNDER Trucks
- Venture Trucks
- TENSOR Trucks
- Owlsome Skateboard
- Krux Trucks
- Mini-Logo Skateboards
- Bear Trucks
- Caliber
- Gullwing
- Paris Trucks
Highlights of The Skateboard Trucks 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:
- Hollow
- Solid
- By Application:
- Supermarket
- Specialist Retailers
- Internet Sales
- Others
- 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 Trucks 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?
Skateboard trucks are the pieces of hardware that connect your skateboard deck to the trucks, which are located at each end of the board. They allow you to move your board around by pushing and pulling it.
Some of the key players operating in the skateboard trucks market are Independent, Quest Boards, THUNDER Trucks, Venture Trucks, TENSOR Trucks, Owlsome Skateboard, Krux Trucks, Mini-Logo Skateboards, Bear Trucks, Caliber, Gullwing, Paris Trucks.
The skateboard trucks market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Skateboard Trucks 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. Skateboard Trucks Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Skateboard Trucks Market - Supply Chain
4.5. Global Skateboard Trucks Market Forecast
4.5.1. Skateboard Trucks Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Skateboard Trucks Market Size (000 Units) and Y-o-Y Growth
4.5.3. Skateboard Trucks Market Absolute $ Opportunity
5. Global Skateboard Trucks 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. Skateboard Trucks Market Size and Volume Forecast by Type
5.3.1. Hollow
5.3.2. Solid
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Skateboard Trucks 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. Skateboard Trucks Market Size and Volume Forecast by Application
6.3.1. Supermarket
6.3.2. Specialist Retailers
6.3.3. Internet Sales
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Skateboard Trucks 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. Skateboard Trucks 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 Skateboard Trucks 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. Skateboard Trucks 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 Skateboard Trucks Demand Share Forecast, 2019-2026
9. North America Skateboard Trucks 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 Skateboard Trucks 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 Skateboard Trucks Market Size and Volume Forecast by Application
9.4.1. Supermarket
9.4.2. Specialist Retailers
9.4.3. Internet Sales
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Skateboard Trucks Market Size and Volume Forecast by Type
9.7.1. Hollow
9.7.2. Solid
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 Skateboard Trucks Demand Share Forecast, 2019-2026
10. Latin America Skateboard Trucks 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 Skateboard Trucks 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 Skateboard Trucks Market Size and Volume Forecast by Application
10.4.1. Supermarket
10.4.2. Specialist Retailers
10.4.3. Internet Sales
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Skateboard Trucks Market Size and Volume Forecast by Type
10.7.1. Hollow
10.7.2. Solid
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 Skateboard Trucks Demand Share Forecast, 2019-2026
11. Europe Skateboard Trucks 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 Skateboard Trucks 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 Skateboard Trucks Market Size and Volume Forecast by Application
11.4.1. Supermarket
11.4.2. Specialist Retailers
11.4.3. Internet Sales
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Skateboard Trucks Market Size and Volume Forecast by Type
11.7.1. Hollow
11.7.2. Solid
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 Skateboard Trucks Demand Share, 2019-2026
12. Asia Pacific Skateboard Trucks 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 Skateboard Trucks 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 Skateboard Trucks Market Size and Volume Forecast by Application
12.4.1. Supermarket
12.4.2. Specialist Retailers
12.4.3. Internet Sales
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Skateboard Trucks Market Size and Volume Forecast by Type
12.7.1. Hollow
12.7.2. Solid
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 Skateboard Trucks Demand Share, 2019-2026
13. Middle East & Africa Skateboard Trucks 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 Skateboard Trucks 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 Skateboard Trucks Market Size and Volume Forecast by Application
13.4.1. Supermarket
13.4.2. Specialist Retailers
13.4.3. Internet Sales
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Skateboard Trucks Market Size and Volume Forecast by Type
13.7.1. Hollow
13.7.2. Solid
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 Skateboard Trucks Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Skateboard Trucks Market: Market Share Analysis
14.2. Skateboard Trucks Distributors and Customers
14.3. Skateboard Trucks Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Independent
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Quest Boards
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. THUNDER Trucks
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Venture Trucks
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. TENSOR Trucks
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Owlsome Skateboard
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Krux Trucks
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Mini-Logo Skateboards
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Bear Trucks
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Caliber
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Gullwing
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Paris Trucks
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
