Stand-Up Paddle Board Market Report: Trends, Forecast and Competitive Analysis to 2030

Stand-Up Paddle Board Market Report: Trends, Forecast and Competitive Analysis to 2030

Stand-Up Paddle Board Trends and Forecast

The future of the global stand-up paddle board market looks promising with opportunities in the touring, windsurf, racing, and fishing markets. The global stand-up paddle board market is expected to reach an estimated $3 billion by 2030 with a CAGR of 8.7% from 2024 to 2030. The major drivers for this market are swift application of stand-up paddleboards for a range of leisure and recreational pursuits, growing popularity of surfing as adventure tourism among millennials and the younger population, and rising popularity of tropical regions for vacation, and expansion of research and development (r&d) activities.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Stand-Up Paddle Board by Segment

The study includes a forecast for the global stand-up paddle board by type, application, and region.

Stand-Up Paddle Board Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Solid Sup Boards
• Inflatable Sup Boards

Stand-Up Paddle Board Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Touring
• Windsurf
• Racing
• Fishing

Stand-Up Paddle Board Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Stand-Up Paddle Board Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies stand-up paddle board companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the stand-up paddle board companies profiled in this report include-

• Airhead Sports
• Boardworks Surf & Sup
• Cascadia Board
• BIC Sport
• Clear Blue Hawaii
• Rave Sports
• Sea Eagle
• EXOCET- ORIGINAL
• Tower Paddle Boards
• Sun Dolphin

Stand-Up Paddle Board Market Insights

Lucintel forecasts that inflatable SUP boards is expected to witness the higher growth over the forecast period due to extremely well-liked by novices, stand-up paddleboarding newcomers, SUP rental shops, and instruction centers, and they also take up less storage space, are portable, and are strong.

Within this market, touring will remain the largest segment due to growth in disposable income, increase in travel, and shift in people's lifestyles.

North America will remain the largest region over the forecast period due to growing popularity of leisure sports, a rise in both domestic and foreign travel, sharp increase in surfing competitions and events, and the presence of well-known vendors.

Features of the Global Stand-Up Paddle Board Market

Market Size Estimates: Stand-up paddle board market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Stand-up paddle board market size by type, application, and region in terms of value ($B).

Regional Analysis: Stand-up paddle board market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the stand-up paddle board market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the stand-up paddle board market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the stand-up paddle board market size?

Answer: The global stand-up paddle board market is expected to reach an estimated $3 billion by 2030.

Q2. What is the growth forecast for stand-up paddle board market?

Answer: The global stand-up paddle board market is expected to grow with a CAGR of 8.7% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the stand-up paddle board market?

Answer: The major drivers for this market are swift application of stand-up paddleboards for a range of leisure and recreational pursuits, growing popularity of surfing as adventure tourism among millennials and the younger population, and rising popularity of tropical regions for vacation, and expansion of research and development (r&d) activities.

Q4. What are the major segments for stand-up paddle board market?

Answer: The future of the global stand-up paddle board market looks promising with opportunities in the touring, windsurf, racing, and fishing markets.

Q5. Who are the key stand-up paddle board market companies?

Answer: Some of the key stand-up paddle board companies are as follows:

• Airhead Sports
• Boardworks Surf & Sup
• Cascadia Board
• BIC Sport
• Clear Blue Hawaii
• Rave Sports
• Sea Eagle
• EXOCET- ORIGINAL
• Tower Paddle Boards
• Sun Dolphin

Q6. Which stand-up paddle board market segment will be the largest in future?

Answer: Lucintel forecasts that inflatable SUP boards is expected to witness the higher growth over the forecast period due to extremely well-liked by novices, stand-up paddleboarding newcomers, SUP rental shops, and instruction centers, and they also take up less storage space, are portable, and are strong.

Q7. In stand-up paddle board market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to growing popularity of leisure sports, a rise in both domestic and foreign travel, sharp increase in surfing competitions and events, and the presence of well-known vendors.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the stand-up paddle board market by type (solid SUP boards and inflatable SUP boards), application (touring, windsurf, racing, and fishing), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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