About Stand Up Paddle Board
Stand up paddle surfboards are much longer, broader and more light than normal surfboards, enables rider to comfortably balance on them and propel themselves with the paddle. Stand up paddle boarding is an outdoor water sports activity in which a rider stands up on a large surfboard and uses a paddle to move through the water. Stand up paddle boarding is an increasingly popular way of keeping fit, and improving core-stability. The global stand up paddle market is expected to witness a high growth owing to fitness benefits related to stand up paddle boarding.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
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. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Stand Up Paddle Board market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
BIC Sport (France), Naish (United States), Red Paddle (United Kingdom), VETUS B.V. (Netherlands), Starboard (United Kingdom), Tower (United States), Airhead Sup (United States), Aqua Marina (United States), Imagine Paddle Surf Co. (United States), RAVE Sports (United States), Solstice Sports (United States), Decathlon (France), Clear Blue Hawaii (United States) and Surftech (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Stand Up Paddle Board market by Type (Epoxy/Hard Boards, Soft Top Boards and Inflatable Boards) and Region.
On the basis of geography, the market of Stand Up Paddle Board has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Southeast Asia, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online (Company Websites, E-commerce Sites) will boost the Stand Up Paddle Board market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Age Group, the sub-segment i.e. Adults will boost the Stand Up Paddle Board market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material Type, the sub-segment i.e. Expanded Polystyrene (EPS) will boost the Stand Up Paddle Board market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Professional Athletes will boost the Stand Up Paddle Board market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Demand of Inflatable-Stand Up Paddle and Availability of Stand Up Paddle Foil Boarding
Market Growth Drivers:
Increased Adoption of Stand Up Paddle Boards and Fitness Benefits Related to Stand Up Paddle Boarding
Challenges:
Consumer Preference for Rentals
Restraints:
High Costs of Stand Up Paddle Boards
Opportunities:
Launch of New Product Design
In March 2023, INTEX, a provider of recreation and sporting goods announced the launch of first inflatable stand up paddle boards, AquaQuest. These SUP boards will be available in two different models AquaQuest 320 and AquaQuest 240. The newly launched SUP boards feature durable, drop stitch technology, triple fins, PVC rails, a slip-resistant EVA footpad, and tie down bungee cords for storage.
Key Target Audience
Manufacturers of Stand Up Paddle Board, Suppliers of Stand Up Paddle Board Parts, Wholesalers, Distributors, and Retailers of Stand Up Paddle Board, Sports Industry, Governmental Bodies and Research Firms
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.