Industry Background:
Stand up paddle boarding is an addictive and fun activity for people of all ages. It targets almost every muscle of the body and provides a great workout while having a total blast spending time outdoors on the water. The inflatable SUP boards can easily be stored in a small space such as in a closet. This is perfect for those who live in apartments or who don’t want to deal with storing a big board somewhere. The majority of inflatable SUP’s can simply be carried by one person using only one arm. Hence they are so easy to take anywhere. The inflatable SUP’s are durable and strong.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | SUP ATX (United States), Airhead Sup (United States), BIC Sport (France), Naish (United States), O’Neill (United States), Red Paddle (United Kingdom), Starboard (United Kingdom), Tower Paddle Boards (United States), Aqua Marina (United States) and Imagine Paddle Surf Co. (United States) |
This growth is primarily driven by Increased Adoption of Inflatable Stand Up Paddle Boards and Fitness Benefits Related to Inflatable Stand Up Paddle Boarding.
Globally, a noticeable market trend is evident Availability of Stand Up Paddle Foil Boarding Major Vendors, such as SUP ATX (United States), Airhead Sup (United States), BIC Sport (France), Naish (United States), O’Neill (United States), Red Paddle (United Kingdom), Starboard (United Kingdom), Tower Paddle Boards (United States), Aqua Marina (United States) and Imagine Paddle Surf Co. (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. Key players are implementing various strategies such as mergers & acquisitions, new product development, partnerships, and others. Companies are exploring new geographies through expansions and acquisitions across the globe to avail a competitive advantage through combined synergies.
Key Developments in the Market:
In Jun, 2021, As part of its strategic plan, Pelican International Inc., the world leader in the paddle sports industry, had acquires Advanced Elements Inc., a pioneer in the inflatable market, through its wholly owned subsidiary Confluence Outdoors Inc. This acquisition broadens Pelican's portfolio in the paddle sports industry, as it now offers all of its quality products with a complete range of technology.
In October 2023, Uone, a premium Polish stand-up paddleboarding and watersport brand specialising exclusively in inflatable boards, has launched a limited edition of their high-performance inflatable race boards, The Sprint.
Influencing Trend:
Availability of Stand Up Paddle Foil Boarding
Market Growth Drivers:
Increased Adoption of Inflatable Stand Up Paddle Boards and Fitness Benefits Related to Inflatable Stand Up Paddle Boarding
Challenges:
Consumer Preference for Rentals
Restraints:
High Costs of Inflatable Stand Up Paddle Boards
Opportunities:
Launch of New Product Design
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Inflatable SUP Boards Market
- Analysis about New Entrants in Inflatable SUP Boards Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Inflatable SUP Boards Study Sheds Light on
The Inflatable SUP Boards Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Inflatable SUP Boards industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Inflatable SUP Boards industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.