Market Overview:
The global wakeboards market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing popularity of wakeboarding as a recreational activity and the growing demand for premium quality boards. In terms, by type, continuous rockers are expected to hold the largest share in the global wakeboards market during the forecast period. By application, adults are expected to account for majority of the demand for wakeboards duringthe forecast period.
Product Definition:
A wakeboard is a type of water sport equipment that is used to ride on the surface of the water. It consists of a board that riders stand on and use to perform tricks and maneuvers while being pulled behind a boat or other vehicle. Wakeboarding has become increasingly popular in recent years, as it provides an adrenaline-pumping experience that can be enjoyed by people of all ages.
Continuous Rockers:
Continuous rockers are a type of skateboard design that has flat, or nearly flat, boards with no kicktail and relatively narrow trucks. The continuous rocker is characterized by a single concave curve running from the tail to the nose of the board. This design offers better stability than its counterparts as it relies more on leverage than floatation for movement.
Three-Stage Rockers:
Three-stage rockers are the boards that have three consecutive identical fins, one above the other. The first fin is at or near the nose of the board and second and third fins are at or near tail of board. It has a continuous rocker profile from nose to tail which makes it ideal for flat water riding as well as surfing.
Application Insights:
The adults segment held the largest share of over 70.0% in 2017. The rising number of surfers and skiers has resulted in a growing demand for wakeboards among adults, which is expected to drive the global market growth over the forecast period. Furthermore, increasing spending on sports vacations by working-class professionals enables them to spend more on recreational activities such as surfing and skiing/boarding, further driving the product demand among adults.
Youth application is expected to be one of fastest-growing segments with a CAGR exceeding 9% from 2018 to 2030 owing to various advantages associated with this sport including improved balance and coordination along with enhanced confidence levels that help build character traits such as self-discipline and perseverance required in life. Moreover, according to a survey conducted by wakeskool North America Corporation; 90% of junior riders started riding boats or boards at age seven or earlier while only 10% started later than eight years old (Skateboarder Magazine 2016).
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 presence of prominent wakeboard manufacturers and an increase in participation rates, especially among youth population. Europe accounted for more than 25% share of the overall revenue in 2017 owing to growing popularity among riders. Manufacturers are introducing advanced products that enable riders perform stunts and flip tricks with ease, which is further fueling regional growth. Asia Pacific is anticipated to register significant growth over the forecast period owing rising disposable income levels and improving standard of living along with increasing awareness about sports activities amongst people aged between 5-19 years old (youth). Moreover, government initiatives encouraging individuals engage in physical activities will drive regional demand further.
Growth Factors:
- Increasing popularity of water sports and adventure activities
- Rising disposable income of consumers
- Proliferation of e-commerce platforms and increasing online penetration
- Growing demand from emerging markets
- Technological advancements in wakeboard manufacturing
Scope Of The Report
Report Attributes
Report Details
Report Title
Wakeboards Market Research Report
By Type
Continuous Rockers, Three-Stage Rockers, Hybrid Rockers
By Application
Adults, Youth
By Companies
Rave Sports, Airhead, HO Sports, ZUP, O'Brien, Ronix, SlingShot, Liquid Force, Byerly, CWB, AIRHEAD Watersports
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Wakeboards Market Report Segments:
The global Wakeboards market is segmented on the basis of:
Types
Continuous Rockers, Three-Stage Rockers, Hybrid Rockers
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, Youth
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:
- Rave Sports
- Airhead
- HO Sports
- ZUP
- O'Brien
- Ronix
- SlingShot
- Liquid Force
- Byerly
- CWB
- AIRHEAD Watersports
Highlights of The Wakeboards 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:
- Continuous Rockers
- Three-Stage Rockers
- Hybrid Rockers
- By Application:
- Adults
- Youth
- 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 Wakeboards 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?
Wakeboarding is a sport that involves riding a wakeboard on water.
Some of the major players in the wakeboards market are Rave Sports, Airhead, HO Sports, ZUP, O'Brien, Ronix, SlingShot, Liquid Force, Byerly, CWB, AIRHEAD Watersports.
The wakeboards market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wakeboards 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. Wakeboards Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Wakeboards Market - Supply Chain
4.5. Global Wakeboards Market Forecast
4.5.1. Wakeboards Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wakeboards Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wakeboards Market Absolute $ Opportunity
5. Global Wakeboards 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. Wakeboards Market Size and Volume Forecast by Type
5.3.1. Continuous Rockers
5.3.2. Three-Stage Rockers
5.3.3. Hybrid Rockers
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wakeboards 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. Wakeboards Market Size and Volume Forecast by Application
6.3.1. Adults
6.3.2. Youth
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Wakeboards 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. Wakeboards 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 Wakeboards 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. Wakeboards 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 Wakeboards Demand Share Forecast, 2019-2026
9. North America Wakeboards 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 Wakeboards 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 Wakeboards Market Size and Volume Forecast by Application
9.4.1. Adults
9.4.2. Youth
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Wakeboards Market Size and Volume Forecast by Type
9.7.1. Continuous Rockers
9.7.2. Three-Stage Rockers
9.7.3. Hybrid Rockers
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 Wakeboards Demand Share Forecast, 2019-2026
10. Latin America Wakeboards 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 Wakeboards 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 Wakeboards Market Size and Volume Forecast by Application
10.4.1. Adults
10.4.2. Youth
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Wakeboards Market Size and Volume Forecast by Type
10.7.1. Continuous Rockers
10.7.2. Three-Stage Rockers
10.7.3. Hybrid Rockers
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 Wakeboards Demand Share Forecast, 2019-2026
11. Europe Wakeboards 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 Wakeboards 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 Wakeboards Market Size and Volume Forecast by Application
11.4.1. Adults
11.4.2. Youth
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Wakeboards Market Size and Volume Forecast by Type
11.7.1. Continuous Rockers
11.7.2. Three-Stage Rockers
11.7.3. Hybrid Rockers
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 Wakeboards Demand Share, 2019-2026
12. Asia Pacific Wakeboards 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 Wakeboards 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 Wakeboards Market Size and Volume Forecast by Application
12.4.1. Adults
12.4.2. Youth
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Wakeboards Market Size and Volume Forecast by Type
12.7.1. Continuous Rockers
12.7.2. Three-Stage Rockers
12.7.3. Hybrid Rockers
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 Wakeboards Demand Share, 2019-2026
13. Middle East & Africa Wakeboards 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 Wakeboards 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 Wakeboards Market Size and Volume Forecast by Application
13.4.1. Adults
13.4.2. Youth
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Wakeboards Market Size and Volume Forecast by Type
13.7.1. Continuous Rockers
13.7.2. Three-Stage Rockers
13.7.3. Hybrid Rockers
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 Wakeboards Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Wakeboards Market: Market Share Analysis
14.2. Wakeboards Distributors and Customers
14.3. Wakeboards Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Rave Sports
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Airhead
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. HO Sports
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ZUP
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. O'Brien
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Ronix
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. SlingShot
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Liquid Force
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Byerly
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. CWB
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. AIRHEAD Watersports
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