Global Skateboard Market Overview:
Skateboard is a narrow board with two small wheels fixed to the bottom of either end, on which a person can ride in a crouching or standing position. Skateboarding has health benefits such as increasing physical endurance level, Offers full body workout, enhances coordination & focus, increases metabolism, stress relief, calorie burning, and others. Growing sports culture and increasing demand for recreational sports expected to drive the skateboard market over the forecasted period.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Increasing Demand for Recreational Sport Activities and Use of Nomex Honeycomb in Collaboration with Kelver for Skateboard Manufacturing
Market Growth Drivers:
Increasing Popularity among Millennials and Changing Lifestyle Standard Fuels by Growing Disposable Income
Challenges:
Availability of Substitute Products Such As Freeboard, Floorboard, Snowboard, And Others and Increasing Number of Local Manufacturers
Restraints:
Injuries Can Happen In Case Of Misbalance Such As Sprains and Soft Tissue Injuries and Lack of Acceptance in Developing Countries
Opportunities:
Growing Awareness about Health Benefits of Skateboarding Such As Full Body Workout, Calorie Burning, and Others and Growing Sports Culture and Global Skating Competition
Competitive Landscape:
Some of the key players profiled in the report are Element Skateboards (United States), Plan B Skateboards (United States), Krown Skateboards (United States), SK8 Factory (United States), Skate One (United States), Absolute Board (United States), Artprint (France), Zero Skateboards (United States), Control Skateboards (Canada), Carver Skateboards (United States) and Almost Skateboards (United States). Additionally, following companies can also be profiled that are part of our coverage like Santa Cruz Skateboards (United States), Razor USA LLC (United States) and Alien Workshop (United States). Analyst at AMA Research see United States Vendors to retain maximum share of Global Skateboard market by 2028. Considering Market by Distribution Channel, the sub-segment i.e. Online Shopping Stores will boost the Skateboard market. Considering Market by Material, the sub-segment i.e. Wood will boost the Skateboard market.
What Can be Explored with the Skateboard Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Skateboard Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Skateboard
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Skateboard market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Skateboard market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Skateboard Manufacturers, Skateboard Distributors/Traders/Wholesalers, Skateboard Subcomponent Manufacturers, Industry Association, Downstream Vendors, Research Institute, Potential Investors, Government Agencies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.