Skateboard Market size is set to grow by USD 919.58 million between 2022 to 2027 | The increasing popularity of recreational activity drives market - Technavio

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Aug 31, 2023, 07:00 ET

NEW YORK , Aug. 31, 2023 /PRNewswire/ -- The skateboard market size is anticipated to grow by USD 919.58 million from 2022 to 2027, progressing at a CAGR of 3.72%, according to Technavio Research Reports. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. North America stands as the dominating region in the skateboard market, contributing around 38% of the global market growth during the forecast period. This dominance is driven by factors such as the widespread popularity of skateboarding, its inclusion in the Olympics, increasing adoption as a means of transportation, and the presence of a significant number of skateboarding events and competitions. For more insights on the historic (2017 to 2021) and forecast market size (2023-2027) - Request a PDF Report Sample

Technavio has announced its latest market research report titled Global Skateboard Market 2023-2027

Skateboard Market 2023 – 2027: Companies Landscape

The report includes detailed analyses of the competitive landscape of the market and information about major companies, including:

2HEX GmbH
Boutique Rollin Board Supplies Inc.
CaliRides LLC
Control Skateboards Inc.
Dankies Skateboards
Exway Canada
Gyroorboard
Homegrown Skateboards.
Piso Skateboards
Pure Distribution LLC.
Quiksilver Inc.
Razor USA LLC
Shenzhen Tomoloo Technology Industrial Co. Ltd.
Skate One Corp.
SWAGTRON

Skateboard Market 2023 – 2027: Segmentation

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The report extensively covers market segmentation by End-user (Teenagers, Kids, and Adults), Distribution Channel (Offline and Online), and Geography (North America, Europe, APAC, South America, and Middle East and Africa). The market share growth by the teenagers segment will be significant during the forecast period.

For more information on skateboard market segmentation, trend, driver and challenges, get the sample report here

Skateboard Market 2023 – 2027: Regional Analysis

During the forecast period, North America is set to be the dominant player of the skateboard market, anticipated to contribute major portion to global market growth. North America benefits from the popularity of skateboarding as both a recreational activity and means of transportation, the inclusion of skateboarding in the Olympics, a trend towards eco-friendly products, and a thriving skateboarding event landscape. The impact of the COVID-19 pandemic on North America's skateboard market is notable, with a recovery observed as restrictions eased and outdoor activities resumed.

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Related Reports:

Global Skateboarding Equipment Market: According to the skateboard industry analysis, the global skateboarding equipment market is envisaged to witness slow growth and will post a CAGR of more than 1% over the forecast period. Segmentation by product type and analysis of the skateboarding equipment market include skateboards, skateboarding footwear and skateboarding protective gear

Skating Shoes Market: The global skating shoe market size is estimated to grow by USD 1,023.02 million between 2023 and 2027. The market is accelerating at a compound annual growth rate of 3.56%. This skating shoes market report extensively covers market segmentation by Type as roller skates, inline skates, ice skates, speed skates, and others. The geography consists of North America, Europe, APAC, South America, and Middle East and Africa. It also includes an in-depth analysis of drivers (factors influencing market growth), trends (emerging patterns or shifts in consumer behavior), and challenges (barriers or obstacles faced by the industry).

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Table of Contents

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by End-Users

7 Market Segmentation by Distribution Channel

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Company Landscape

12 Company Analysis

13 Appendix

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SOURCE Technavio