Skateboard Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, Japan, Australia, France, Spain - Size and Forecast 2023-2027

Published: Oct 2023 Pages: 144 SKU: IRTNTR75320

Skateboard Market Report 2023-2027 

The skateboard market size is reach at USD 5.51 billion by 2027, and will grow at a CAGR of 3.72% from 2022 and 2027. The growth of the market depends on several factors, including the increasing popularity of recreational activity, the rising trends of eco-friendly products, and the increasing urbanization of cities.

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This skateboard market 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) and geography North America, Europe, APAC, South America, and Middle East and Africa. It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 - 2021.

The market share growth by the teenagers segment will be significant during the forecast period. Teenagers are one of the primary consumers of skateboards, and their preferences and choices significantly impact the global skateboard market growth and development.

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The teenagers segment was valued at USD 1,911.87 million in 2017 and continued to grow until 2021. In this segment, when it comes to product preferences, youth tend to prefer skateboards with eye-catching designs, bright colors, and unique graphics. They are also more likely than other age groups to try skateboards of different shapes and sizes, such as longboards and cruisers. Additionally, teens are more likely to participate in skateboarding competitions and events, leading to the growth of the skateboarding market. Skateboarding will make its debut at the 2021 Summer Olympics in Tokyo, Japan. This debut increased the popularity of skateboarding among teens and young adults, further spurring the growth of the market.  

The primary trend propelling global skateboard market growth is the increasing popularity of online shopping. Online platforms offer advantages such as convenience, accessibility, and a broad selection of skateboards, making them an appealing choice for consumers. This convenience allows users to buy skateboarding products from home at any time, eliminating the need to visit physical stores, particularly beneficial for those in areas with limited access to traditional retailers. Moreover, online shopping provides easy access to a diverse range of products from various retailers, fostering increased demand for skateboarding items. The growing preference for online shopping is anticipated to drive market growth in the forecast period.

The substantial production costs associated with skateboards pose a significant challenge to the global market's growth. Skateboard products necessitate specialized materials like decks, wheels, bearings, grip tape, and involve expensive manufacturing processes. These elevated production costs may result in higher consumer prices, potentially dampening demand for skateboard products. The durability requirements for skateboard materials, such as 7-ply Canadian Maple for decks and specialized polyurethane for high-performance wheels, contribute to increased expenses. Additionally, the process of pressing skateboard decks entails the use of specialized and costly machinery. The overall high production costs may impede the market's growth in the forecast period.

Skateboard Market Regions

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APAC is estimated to contribute 38% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

Multiple factors propel the North American skateboard market, encompassing the rising popularity of skateboarding for recreation and transportation, the inclusion of skateboarding in the Olympics, and the shift towards eco-friendly and sustainable products. The market is further stimulated by the growing prevalence of skateboarding events and competitions that foster the sport and its associated products. In 2021, 8.8 million individuals engaged in skateboarding in the US, contributing to the nation's status as the largest global skateboard producer. With the continued adoption of skateboarding for both recreational and transportation purposes, the region is anticipated to experience growth throughout the forecast period.

Key Companies and Market Share Skateboard Market Analysis?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Almost Skateboards: The company offers skateboards such as Ren and Stimpy, Neo express, and Blur resin. The company also offers various range of skateboards.

The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market 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
  • The Sovereign Sect
  • Urban Monkey
  • Zero Skateboards
  • Decathlon Group

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Skateboard Market Scope

Report Coverage

Details

Page number

144

Base year

2022

Historic period

2017 - 2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 3.72%

Market growth 2023-2027

USD 919.58 million

Market structure

Fragmented

YoY growth 2022-2023(%)

3.5

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

APAC at 38%

Key countries

US, Japan, Australia, France, and Spain

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

2HEX GmbH, Almost Skateboards, 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, The Sovereign Sect, Urban Monkey, Zero Skateboards, and Decathlon Group

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Skateboard Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the size of the market  size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behaviour
  • Growth of the market industry across North America, Europe, APAC, South America, and Middle East and Africa
  • Thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Distribution Channel
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global skateboard market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global skateboard market 2017 - 2021 ($ million)
    • 4.2 End-user Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 ($ million)
    • 4.3 Distribution Channel Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Distribution Channel Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)
    • 6.2 Comparison by End-user
      • Exhibit 32: Chart on Comparison by End-user
      • Exhibit 33: Data Table on Comparison by End-user
    • 6.3 Teenagers - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Teenagers - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Teenagers - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Teenagers - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Teenagers - Year-over-year growth 2022-2027 (%)
    • 6.4 Kids - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Kids - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Kids - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Kids - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Kids - Year-over-year growth 2022-2027 (%)
    • 6.5 Adults - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Adults - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Adults - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Adults - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Adults - Year-over-year growth 2022-2027 (%)
    • 6.6 Market opportunity by End-user
      • Exhibit 46: Market opportunity by End-user ($ million)
      • Exhibit 47: Data Table on Market opportunity by End-user ($ million)

    7 Market Segmentation by Distribution Channel

    • 7.1 Market segments
      • Exhibit 48: Chart on Distribution Channel - Market share 2022-2027 (%)
      • Exhibit 49: Data Table on Distribution Channel - Market share 2022-2027 (%)
    • 7.2 Comparison by Distribution Channel
      • Exhibit 50: Chart on Comparison by Distribution Channel
      • Exhibit 51: Data Table on Comparison by Distribution Channel
    • 7.3 Offline - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Offline - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
      • Exhibit 54: Chart on Offline - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Offline - Year-over-year growth 2022-2027 (%)
    • 7.4 Online - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Online - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Data Table on Online - Market size and forecast 2022-2027 ($ million)
      • Exhibit 58: Chart on Online - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Online - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Distribution Channel
      • Exhibit 60: Market opportunity by Distribution Channel ($ million)
      • Exhibit 61: Data Table on Market opportunity by Distribution Channel ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 63: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 64: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 65: Chart on Geographic comparison
      • Exhibit 66: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 67: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 68: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 69: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 APAC - Market size and forecast 2022-2027
      • Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 France - Market size and forecast 2022-2027
      • Exhibit 91: Chart on France - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on France - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on France - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on France - Year-over-year growth 2022-2027 (%)
    • 9.10 Spain - Market size and forecast 2022-2027
      • Exhibit 95: Chart on Spain - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on Spain - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on Spain - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on Spain - Year-over-year growth 2022-2027 (%)
    • 9.11 Japan - Market size and forecast 2022-2027
      • Exhibit 99: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.12 Australia - Market size and forecast 2022-2027
      • Exhibit 103: Chart on Australia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on Australia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on Australia - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on Australia - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 107: Market opportunity by geography ($ million)
      • Exhibit 108: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 109: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 111: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 112: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 113: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 114: Matrix on vendor position and classification
            • 12.3 Almost Skateboards
              • Exhibit 115: Almost Skateboards - Overview
              • Exhibit 116: Almost Skateboards - Product / Service
              • Exhibit 117: Almost Skateboards - Key offerings
            • 12.4 CaliRides LLC
              • Exhibit 118: CaliRides LLC - Overview
              • Exhibit 119: CaliRides LLC - Product / Service
              • Exhibit 120: CaliRides LLC - Key offerings
            • 12.5 Control Skateboards Inc.
              • Exhibit 121: Control Skateboards Inc. - Overview
              • Exhibit 122: Control Skateboards Inc. - Product / Service
              • Exhibit 123: Control Skateboards Inc. - Key offerings
            • 12.6 Dankies Skateboards
              • Exhibit 124: Dankies Skateboards - Overview
              • Exhibit 125: Dankies Skateboards - Product / Service
              • Exhibit 126: Dankies Skateboards - Key offerings
            • 12.7 Decathlon Group
              • Exhibit 127: Decathlon Group - Overview
              • Exhibit 128: Decathlon Group - Product / Service
              • Exhibit 129: Decathlon Group - Key offerings
            • 12.8 Exway Canada
              • Exhibit 130: Exway Canada - Overview
              • Exhibit 131: Exway Canada - Product / Service
              • Exhibit 132: Exway Canada - Key offerings
            • 12.9 Homegrown Skateboards.
              • Exhibit 133: Homegrown Skateboards. - Overview
              • Exhibit 134: Homegrown Skateboards. - Product / Service
              • Exhibit 135: Homegrown Skateboards. - Key offerings
            • 12.10 Piso Skateboards
              • Exhibit 136: Piso Skateboards - Overview
              • Exhibit 137: Piso Skateboards - Product / Service
              • Exhibit 138: Piso Skateboards - Key offerings
            • 12.11 Pure Distribution LLC.
              • Exhibit 139: Pure Distribution LLC. - Overview
              • Exhibit 140: Pure Distribution LLC. - Product / Service
              • Exhibit 141: Pure Distribution LLC. - Key offerings
            • 12.12 Quiksilver Inc.
              • Exhibit 142: Quiksilver Inc. - Overview
              • Exhibit 143: Quiksilver Inc. - Product / Service
              • Exhibit 144: Quiksilver Inc. - Key offerings
            • 12.13 Razor USA LLC
              • Exhibit 145: Razor USA LLC - Overview
              • Exhibit 146: Razor USA LLC - Product / Service
              • Exhibit 147: Razor USA LLC - Key offerings
            • 12.14 Skate One Corp.
              • Exhibit 148: Skate One Corp. - Overview
              • Exhibit 149: Skate One Corp. - Product / Service
              • Exhibit 150: Skate One Corp. - Key offerings
            • 12.15 The Sovereign Sect
              • Exhibit 151: The Sovereign Sect - Overview
              • Exhibit 152: The Sovereign Sect - Product / Service
              • Exhibit 153: The Sovereign Sect - Key offerings
            • 12.16 Urban Monkey
              • Exhibit 154: Urban Monkey - Overview
              • Exhibit 155: Urban Monkey - Product / Service
              • Exhibit 156: Urban Monkey - Key offerings
            • 12.17 Zero Skateboards
              • Exhibit 157: Zero Skateboards - Overview
              • Exhibit 158: Zero Skateboards - Product / Service
              • Exhibit 159: Zero Skateboards - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 160: Inclusions checklist
                • Exhibit 161: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 162: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 163: Research methodology
                • Exhibit 164: Validation techniques employed for market sizing
                • Exhibit 165: Information sources
              • 13.5 List of abbreviations
                • Exhibit 166: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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