Stand Up Paddle Board Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2018 to 2028

Published on : May-2018 | List of Tables : 219 | List of Figures : 71 | No. of Pages : 170 | Report Code : FACT776MR |

Stand up paddle (SUP) boarding industry will continue to march progressively forward, driven by new developments and technologies coming thick and fast. The Outdoor Industry Association stated that over 3 Mn individuals participated in the sport in North America and Latin America combined. Stand up paddle board manufacturers are responding accordingly, while the industry rides high on the barreling wave of enthusiasm.

Recent studies have demonstrated that early adopters who purchase high-performance, expensive gear are gradually giving way to popular consumers at low-price point. As the paddle boarding industry matures, young paddlers with moderate income are foraying the market in large numbers, which in turn will lead the industry to perceive downward pressure regarding price points.

stand up paddle board market

Fact.MR’s new analytical report envisages the global market for stand up paddle board to record a notable 11.9% value CAGR between the period of forecast 2018 and 2028.

Stand Up Paddle Board Manufacturers taking User-Friendly Hands On Approach for Boosting Sales

With rapid progress in stand up paddle board developments, product designers and manufacturers are currently taking a “user-friendly hand-on” approach, in a bid to bring novel products designed specifically for novice end consumers. This is further expected to facilitate accessibility of consumers to the sport. This is unlike the trend in the past, wherein watersports such as windsurfing illustrated a robust decline on account of product developments focused toward elite users.

Progression of carbon materials with high young’s modulus has been complementing the development of lighter yet stiffer racing stand up paddle boards. Technology advancement is gaining greater emphasis as the industry matures, and brands are discovering and incorporating stand up paddle board-specific materials, such as the Red Paddle Co.’s MSL technology.

Tradeshow Endorsements by Sports Associations to Augur Well for SUP Board Sales

According to analysis of the report on the brands operating in the stand up paddle board market, the ongoing trend of high accessibility of boards to entry-level participants, and increased focus on gear will continue to augment the market’s growth. Increased momentum of high-performance stand up paddle boards with the option of flex, which are becoming a vital part of the equipment, is a key implication of enthusiasts’ focus toward gear.

Leading sports associations are taking efforts toward enhancing the popularity of SUP boarding, by endorsing trade shows. For example, the SUP Industry Association (SUPIA) in the U.S. endorses two annual shows of Surf Expo in Orlando and the Summer Market of Outdoor Retailer in Salt Lake City. Additionally, in Europe, Germany’s Paddle Expo has been gaining immense momentum since the recent past, and is currently on the cusp of becoming the leading SUP Tradeshow in the region. Such endorsements will result in increased participation in the sport, thereby boding well for stand up paddle board sales.

The stand up paddle boarding industry is no more at its infancy stage, as it perceives robust growth benefitting from past watersports industries’ insights regarding imperativeness of foresight. A lengthy & bright future is associated with the SUP industry, with experience players sharing a common agenda of ensuring every new participant leaves with positive experience. This will significantly influence participation in the sport, and fuel sales of stand up paddle board in the near future.

Note: The insights mentioned here are of the respective analysts, and do not reflect the position of Fact.MR

With the trend of making stand up paddle (SUP) boards lighter by incorporating high-performance materials with better durability, resilience, and flexibility attributes, demand for SUP boards will continue to rise. Consumer attention is gradually shifting more toward their gear, such as high-performance paddles with the choice of flex that has become a vital part of the SUP equipment. The SUP industry’s higher emphasis on foresight implies a promising future for stand up paddle boards’ sales, with skilled professionals ensuring positive experience for new participants in the sport.

A recently compiled Fact.MR study propounds a ten-year forecast on stand up paddle board market for the period between 2018 and 2028. This all-inclusive and holistic research examines stand up paddle board market in detail, providing an exhaustive analysis on key factors impacting present as well as future growth of the market.

Stand Up Paddle Board: Taxonomy

This report imparts quantitative & qualitative analysis on the stand up paddle board market, providing a complete view on current and future market prospects. Value forecast rendered in the report is in terms of US$ Bn. Qualitative analysis offered elucidates industry-specific, microeconomic, and macroeconomic factors affecting the market expansion. The report covers complete insights on key growth determinants, deterrents, opportunities and threats that will potentially influence the market in the forthcoming years.

Segmentation-wise analysis & insights on Stand up paddle board market has been offered that enables readers to gain accurate and transparent insights. The report has branched the stand up paddle board market in terms of product type, length, material type, sales channel, end-user, application, nature type, and region.

Competitive Landscape Assessment

This research study profiles business strategies employed by leading participants in the market, and exerts comprehensive insights that enable established and emerging players in devising effective growth strategies. The chapter on competitive landscape tracking is of paramount importance for the market participants who seek gleaning in-depth insights into current market status quo. Prominent companies participating in the stand up paddle board market, such as Red Paddle, Tower Paddle Boards, Clear Blue Hawaii, Solstice Sports, and Starboard, have been profiled in the report.                         

A scrutinized SWOT analysis has also been rendered by the report, which imparts strengths, weaknesses, opportunities, and threats to these market players. Intelligence apropos of new product developments, impact of regulatory changes, and mergers & acquisition activities of the market players has also been contained for perusal of the report readers.

Research Methodology

A tested & proven research approach is employed by analysts at Fact.MR for evaluating key industry dynamics and offering precise and authentic market intelligence. A blend of primary & secondary research has been implemented for offering estimates and forecasts on the stand up paddle board market. Secondary research forms initial phase of our research, wherein the analysts conduct extensive information mining by referring to up-to-date and verified data resources that include technical journals, regulatory and government published material, and independent studies, which forms the basis of the market estimates.

All the market estimates and forecast offered are further verified via an exhaustive primary research, wherein interviews are conducted with leading market participants, and industry experts. These comprehensive primary interviews aid in validating the information procured and gain significant industry insights, estimations and key developments.

1. Executive Summary
1.1. Summarizing Key Findings
1.2. Wheel of Fortune
1.3. Opportunity Assessment
1.4. Mega Trends

2. Global Stand Up Paddle Board Market Introduction 

3. Global Stand Up Paddle Board Industry Overview 
3.1. Global Stand Up Paddle Board Market Value (US$ Mn) Forecast and Analysis
3.2. Forecast Factors and Relevance of Impact
3.3. Stand Up Paddle Supply Chain Analysis and Operating Margins
3.4. Market Dynamics
3.5. PEST Analysis
3.6. Pricing Analysis by Region
3.7. Opportunity Analysis 
3.8. Investment Feasibility Analysis
3.9. Market Players Competition Matrix
3.10. Key Players Market Presence (Intensity Map) by Regions 

4. Global Stand Up Paddle Board Market Historical Analysis 2013-2017 and Forecast 2018-2028, By Product Type
4.1. Revenue (US$ Mn), 2018-2028 
4.2. Market Share Comparison
4.3. Y-o-Y growth Comparison

5. Global Stand Up Paddle Board Market Historical Analysis 2013-2017 and Forecast 2018-2028, By Length
5.1. Revenue (US$ Mn), 2018-2028
5.2. Market Share Comparison
5.3. Y-o-Y growth Comparison

6. Global Stand Up Paddle Board Market Historical Analysis 2013-2017 and Forecast 2018-2028, By Material Type
6.1. Revenue (US$ Mn), 2018-2028 
6.2. Market Share Comparison
6.3. Y-o-Y growth Comparison

7. Global Stand Up Paddle Board Market Historical Analysis 2013-2017 and Forecast 2018-2028, By Sales Channel
7.1. Revenue (US$ Mn), 2018-2028 
7.2. Market Share Comparison
7.3. Y-o-Y growth Comparison

8. Global Stand Up Paddle Board Market Historical Analysis 2013-2017 and Forecast 2018-2028, By End User
8.1. Revenue (US$ Mn), 2018-2028 
8.2. Market Share Comparison
8.3. Y-o-Y growth Comparison

9. Global Stand Up Paddle Board Market Historical Analysis 2013-2017 and Forecast 2018-2028, By Application
9.1. Revenue (US$ Mn), 2018-2028 
9.2. Market Share Comparison
9.3. Y-o-Y growth Comparison

10. Global Stand Up Paddle Board Market Historical Analysis 2013-2017 and Forecast 2018-2028, By Board Nature Type
10.1. Revenue (US$ Mn), 2018-2028 
10.2. Market Share Comparison
10.3. Y-o-Y growth Comparison

11. Global Stand Up Paddle Board Market Historical Analysis 2013-2017 and Forecast, By Region 2018-2028
11.1. Revenue (US$ Mn) Comparison by Region, 2018-2028
        11.1.1. North America 
        11.1.2. Latin America 
        11.1.3. Europe
        11.1.4. Japan 
        11.1.5. APEJ
        11.1.6. MEA
11.2. Market Share Comparison
11.3. Y-o-Y growth Comparison

12. North America Stand Up Paddle Board Market Historical Analysis 2013-2017 and Forecast 2018-2028
12.1. Revenue (US$ Mn) , By Country
        12.1.1. US Market Size & Forecast Value (US$ Mn) 
        12.1.2. Canada Market Size & Forecast Value (US$ Mn) 
12.2. Revenue (US$ Mn) by Product Type
12.3. Revenue (US$ Mn) by Length
12.4. Revenue (US$ Mn) by Material Type
12.5. Revenue (US$ Mn) by Sales Channel
12.6. Revenue (US$ Mn) by End User
12.7. Revenue (US$ Mn) by Application
12.8. Revenue (US$ Mn) by Board Nature Type

13. Latin America Stand Up Paddle Board Market Historical Analysis 2013-2017 and Forecast 2018-2028
13.1. Revenue (US$ Mn) , By Country
        13.1.1. Brazil Market Size & Forecast Value (US$ Mn) 
        13.1.2. Mexico Market Size & Forecast Value (US$ Mn) 
        13.1.3. Argentina Market Size & Forecast Value (US$ Mn) 
        13.1.4. Rest of Latin America Market Size & Forecast Value (US$ Mn) 
13.2. Revenue (US$ Mn) by Product Type
13.3. Revenue (US$ Mn) by Length
13.4. Revenue (US$ Mn) by Material Type
13.5. Revenue (US$ Mn) by Sales Channel
13.6. Revenue (US$ Mn) by End User
13.7. Revenue (US$ Mn) by Application
13.8. Revenue (US$ Mn) by Board Nature Type

14. Europe Stand Up Paddle Board Market Historical Analysis 2013-2017 and Forecast 2018-2028
14.1. Revenue (US$ Mn) , By Country 
        14.1.1. UK Market Size and Forecast Value (US$ Mn) 
        14.1.2. Spain Market Size and Forecast Value (US$ Mn) 
        14.1.3. France Market Size and Forecast Value (US$ Mn) 
        14.1.4. Italy Market Size and Forecast Value (US$ Mn) 
        14.1.5. Nordic Market Size and Forecast Value (US$ Mn)
        14.1.6. Rest of Europe Market Size and Forecast Value (US$ Mn) 
14.2. Revenue (US$ Mn) by Product Type
14.3. Revenue (US$ Mn) by Length
14.4. Revenue (US$ Mn) by Material Type
14.5. Revenue (US$ Mn) by Sales Channel
14.6. Revenue (US$ Mn) by End User
14.7. Revenue (US$ Mn) by Application
14.8. Revenue (US$ Mn) by Board Nature Type

15. Japan Stand Up Paddle Board Market Historical Analysis 2013-2017 and Forecast 2018-2028
15.1. Revenue (US$ Mn) by Product Type
15.2. Revenue (US$ Mn) by Length
15.3. Revenue (US$ Mn) by Material Type
15.4. Revenue (US$ Mn) by Sales Channel
15.5. Revenue (US$ Mn) by End User
15.6. Revenue (US$ Mn) by Application
15.7. Revenue (US$ Mn) by Board Nature Type

16. APEJ Stand Up Paddle Board Market Historical Analysis 2013-2017 and Forecast 2018-2028
16.1. Revenue (US$ Mn) , By Country 
        16.1.1. China Market Size and Forecast Value (US$ Mn) 
        16.1.2. India Market Size and Forecast Value (US$ Mn)
        16.1.3. South Korea Market Size and Forecast Value (US$ Mn)
        16.1.4. Australia & New Zealand Market Size and Forecast Value (US$ Mn) 
        16.1.5. ASEAN Market Size and Forecast Value (US$ Mn) 
        16.1.6. Rest of APAC Market Size and Forecast Value (US$ Mn) 
16.2. Revenue (US$ Mn) by Product Type
16.3. Revenue (US$ Mn) by Length
16.4. Revenue (US$ Mn) by Material Type
16.5. Revenue (US$ Mn) by Sales Channel
16.6. Revenue (US$ Mn) by End User
16.7. Revenue (US$ Mn) by Application
16.8. Revenue (US$ Mn) by Board Nature Type

17. MEA Stand Up Paddle Board Market Historical Analysis 2013-2017 and Forecast 2018-2028
17.1. Revenue (US$ Mn) , By Country 
        17.1.1. GCC Market Size and Forecast Value (US$ Mn) 
        17.1.2. South Africa Market Size and Forecast Value (US$ Mn) 
        17.1.3. North Africa Market Size and Forecast Value (US$ Mn) 
        17.1.4. Rest of MEA Market Size and Forecast Value (US$ Mn) 
17.2. Revenue (US$ Mn) by Product Type
17.3. Revenue (US$ Mn) by Length
17.4. Revenue (US$ Mn) by Material Type
17.5. Revenue (US$ Mn) by Sales Channel
17.6. Revenue (US$ Mn) by End User
17.7. Revenue (US$ Mn) by Application
17.8. Revenue (US$ Mn) by Board Nature Type

18. Competition Landscape, Company Share and Company Profiles
18.1. Competition Dashboard
18.2. Market Structure
18.3. Company Share Analysis 
18.4. Manufacturer Company Profiles
        18.4.1. BIC Sport 
                  18.4.1.1. Company Overview 
                  18.4.1.2. Key Segmental Revenue Analyzed 
                  18.4.1.3. Key Developments 
                  18.4.1.4. Company Strategic Assessment 
                  18.4.1.5. SWOT Analysis 
        18.4.2. SUP ATX, LLC
                  18.4.2.1. Company Overview 
                  18.4.2.2. Key Segmental Revenue Analyzed 
                  18.4.2.3. Key Developments 
                  18.4.2.4. Company Strategic Assessment 
                  18.4.2.5. SWOT Analysis 
        18.4.3. Red Paddle Co Limited
                  18.4.3.1. Company Overview 
                  18.4.3.2. Key Segmental Revenue Analyzed 
                  18.4.3.3. Key Developments 
                  18.4.3.4. Company Strategic Assessment 
                  18.4.3.5. SWOT Analysis 
        18.4.4. Tower Paddle Boards Llc
                  18.4.4.1. Company Overview 
                  18.4.4.2. Key Segmental Revenue Analyzed 
                  18.4.4.3. Key Developments 
                  18.4.4.4. Company Strategic Assessment 
                  18.4.4.5. SWOT Analysis 
        18.4.5. Yolo Board Llc
                  18.4.5.1. Company Overview 
                  18.4.5.2. Key Segmental Revenue Analyzed 
                  18.4.5.3. Key Developments 
                  18.4.5.4. Company Strategic Assessment 
                  18.4.5.5. SWOT Analysis 
        18.4.6. C4 Waterman
                  18.4.6.1. Company Overview 
                  18.4.6.2. Key Segmental Revenue Analyzed 
                  18.4.6.3. Key Developments 
                  18.4.6.4. Company Strategic Assessment 
                  18.4.6.5. SWOT Analysis
        18.4.7. Rave Sports Inc
                  18.4.7.1. Company Overview 
                  18.4.7.2. Key Segmental Revenue Analyzed 
                  18.4.7.3. Key Developments 
                  18.4.7.4. Company Strategic Assessment 
                  18.4.7.5. SWOT Analysis
        18.4.8. Hobie Cat Company.
                  18.4.8.1. Company Overview 
                  18.4.8.2. Key Segmental Revenue Analyzed 
                  18.4.8.3. Key Developments 
                  18.4.8.4. Company Strategic Assessment 
                  18.4.8.5. SWOT Analysis 
        18.4.9. Tahoe SUP
                  18.4.9.1. Company Overview 
                  18.4.9.2. Key Segmental Revenue Analyzed 
                  18.4.9.3. Key Developments 
                  18.4.9.4. Company Strategic Assessment 
                  18.4.9.5. SWOT Analysis
        18.4.10. Simmer Style
                  18.4.10.1. Company Overview 
                  18.4.10.2. Key Segmental Revenue Analyzed 
                  18.4.10.3. Key Developments 
                  18.4.10.4. Company Strategic Assessment 
                  18.4.10.5. SWOT Analysis
        18.4.11. Other Key Players

19. Research Methodology

20. Disclaimer

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Stand Up Paddle Board Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2018 to 2028