![]() The standard dimensions for street boards are 33 inches in length and 7.5 to 8.75 inches in width. These skateboards usually referred to as Popsicle boards, are most commonly used for street skating. Street board, which accounted for 50.7% of total revenue in 2021, became the most popular product category. Based on Region, the market is further sub-segments into North America, Europe, Asia Pacific, Latin America, and MEA. Based on End User the Skateboard Market is further sub-segmented into Kids, Teenagers, Adults. Based on Product the Skateboard Market is further sub segmented into Street Board, Long Board. Global Skateboard Market is segmented based on Product, End User, and Region. US Skateboard Market is poised to grow at a sustainable CAGR for the next forecast year. As a result, the brand has gained popularity and prominence in the skateboard market. For instance, Eric Koston, Paul Rodriguez, and Sean Malto are well-known skateboarders who have received sponsorship from companies like Nike, Inc., PepsiCo, and Mountain Dew. Additionally, well-known businesses fund athletes to help them sell their goods. For instance, Jim Phillips, the designer of Santa Cruz Skateboards, became well-known in the California market. Additionally, skateboard iconography is used by a number of fashion designers and businesses. For instance, Dior debuted its winter collection on a ramp of neon-colored skateboards during Paris Fashion Week in 2021. To achieve popularity in innovation and grow their market share for skateboards, businesses develop ongoing efforts and strategies. Additionally, because of the rising amount of injuries brought on by the sport, consumers are choosing other sports as a safety precaution. As opposed to skateboards, scooters are more likely to be preferred by young people. ![]() Skateboard sales are expanding, but the popularity of scooters is increasing, which is a concern. Therefore, in order to keep their interest in the activity, businesses aim for larger strategic initiatives. However, the State of Skate claims that Generation Z is unfaithful to any brand or activity. ![]() Additionally, younger generations, including Generation Z, are increasingly taking up fresh sports, which is helping to develop new markets for various types of skateboards. Teenagers are becoming more and more attracted to these activities as a result of social media. To generate efficient sales, businesses also use a variety of catchphrases and market-popular keywords. As a result, businesses use successful marketing strategies to make their brands well-known on skateboards. Customers' preferences for cool and appealing artwork on the boards, especially among teens, have increased interest in riding on these boards. Additionally, graphics are crucial in boosting consumer adoption of skateboards. In addition, the International Olympic Committee declared skateboarding will be a part of the 2021 Summer Olympics in 2021. Skateboard sales have increased as a result of more people becoming aware of skateboarding as a result of events like the X Games and Street League. An additional element boosting the skateboard market over the forecast period is the increase in outdoor sporting activities brought on by a tendency toward fitness. Along with being enjoyable, it also helps the body stay flexible and in good physical form. The growing popularity of skating as a sport across many nations is driving up product demand. Global Skateboard Market size was valued at USD 2.71 billion in 2021 and is poised to grow from USD 2.83 billion in 2022 to USD 4.16 billion by 2030, growing at a CAGR of 4.38% in the forecast period (2023-2030).
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