Global Stand-up Paddleboard Market 2023-2027

Global Stand-up Paddleboard Market 2023-2027
The stand-up paddleboard market is forecasted to grow by USD 184.63 mn during 2022-2027, accelerating at a CAGR of 8.53% during the forecast period. The report on the stand-up paddleboard market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing adoption of surfing in adventure tourism, increasing number of surfing contests, and growing use of SUP for yoga and other leisure activities.

Technavio's stand-up paddleboard market is segmented as below:

By Distribution ChannelSports goods retailersDepartment storesOnline retailersBy ProductInflatablesHardboardsBy Geographical LandscapeNorth AmericaEuropeAPACSouth AmericaMiddle East and AfricaThis study identifies the innovations in sups as one of the prime reasons driving the stand-up paddleboard market growth during the next few years. Also, rising demand for distribution through online channels and retailers and improvements in weather training and technology to encourage adoption of paddle sports will lead to sizable demand in the market.

The report on the stand-up paddleboard market covers the following areas:Stand-up paddleboard market sizingStand-up paddleboard market forecastStand-up paddleboard market industry analysisThe robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading stand-up paddleboard market vendors that include Aqua Leisure Recreation LLC, Boardworks Surf and Sup., C4 Waterman, Cascadia Board Co., Goodhill Co. Ltd., Hobie Cat Co., Imagine Nation Sports LLC, LAIRDSTANDUP, Mistral Red Dot Division B.V., Naish International, Neil Pryde Ltd., RAVE Sports, Red Paddle Co. Ltd., Starboard, SUP ATX LLC, SurfTech LLC, Tahe Outdoors France SASU, Tower, Wenonah Canoe, and NRS Inc.. Also, the stand-up paddleboard market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.