Skateboards Market SWOT Analysis by 2031
Skateboarding is done on a skateboard, which is a sort of sports equipment. They're normally made of a specially designed 7-ply maple plywood deck with a polyurethane covering for smoothness and durability, or they're controlled by a pair of skating trucks attached to the base. While some people use skateboards to travel short distances, the majority of people use them to perform stunts. Skateboarding is a sport, an art form, a way of life, and a culture all rolled into one.
MARKET DYNAMICS
The market would benefit from increased demand for sporting activities among the younger population. Skating as a sport is becoming more popular in many nations, which is fueling product demand. Apart from using it as a source of fun, it also provides flexibility and good physical shape to the body. Furthermore, inclination towards fitness has resulted in increased outdoor sports activities, which acts as a key factor driving the market over the forecast period.
MARKET SCOPE
The "Global Skateboard Market Analysis to 2031" is a specialized and in-depth study of the consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the skateboard market with detailed market segmentation by end user and distribution channel. The global skateboard market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading skateboard market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global skateboard market is segmented into end user and distribution channel. By end user, the skateboard market is classified into adult, kids. By distribution channel, the skateboard market is classified into supermarkets and hypermarkets, specialty stores, online retail, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global skateboardmarket based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The skateboardmarket by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the skateboardmarket from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the skateboardmarket in these regions.
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The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global skateboardmarket based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The skateboardmarket by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the skateboardmarket from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the skateboardmarket in these regions.
MARKET PLAYERS
The report covers vital developments in the skateboard market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the skateboard market are anticipated to lucrative growth opportunities in the future with the rising demand for skateboard in the global market. Below mentioned is the list of few companies engaged in the skateboard market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the skateboardmarket. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Element Skateboards
- Boiling Point
- Plan B
- Krown Skateboards
- SK8 Factory
- Skate One
- Absolute Board
- Alien Workshop
- Artprint
- Zero Skateboards
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Skateboards Market - By End User
1.3.2 Skateboards Market - By Distribution Channel
1.3.3 Skateboards Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. SKATEBOARDS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. SKATEBOARDS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. SKATEBOARDS MARKET - GLOBAL MARKET ANALYSIS
6.1. SKATEBOARDS - GLOBAL MARKET OVERVIEW
6.2. SKATEBOARDS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. SKATEBOARDS MARKET - REVENUE AND FORECASTS TO 2028 - END USER
7.1. OVERVIEW
7.2. END USER MARKET FORECASTS AND ANALYSIS
7.3. ADULT
7.3.1. Overview
7.3.2. Adult Market Forecast and Analysis
7.4. KIDS
7.4.1. Overview
7.4.2. Kids Market Forecast and Analysis
8. SKATEBOARDS MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
8.1. OVERVIEW
8.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
8.3. SUPERMARKETS AND HYPERMARKETS
8.3.1. Overview
8.3.2. Supermarkets and Hypermarkets Market Forecast and Analysis
8.4. SPECIALTY STORE
8.4.1. Overview
8.4.2. Specialty Store Market Forecast and Analysis
8.5. ONLINE RETAIL
8.5.1. Overview
8.5.2. Online Retail Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. SKATEBOARDS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Skateboards Market Overview
9.1.2 North America Skateboards Market Forecasts and Analysis
9.1.3 North America Skateboards Market Forecasts and Analysis - By End User
9.1.4 North America Skateboards Market Forecasts and Analysis - By Distribution Channel
9.1.5 North America Skateboards Market Forecasts and Analysis - By Countries
9.1.5.1 United States Skateboards Market
9.1.5.1.1 United States Skateboards Market by End User
9.1.5.1.2 United States Skateboards Market by Distribution Channel
9.1.5.2 Canada Skateboards Market
9.1.5.2.1 Canada Skateboards Market by End User
9.1.5.2.2 Canada Skateboards Market by Distribution Channel
9.1.5.3 Mexico Skateboards Market
9.1.5.3.1 Mexico Skateboards Market by End User
9.1.5.3.2 Mexico Skateboards Market by Distribution Channel
9.2. EUROPE
9.2.1 Europe Skateboards Market Overview
9.2.2 Europe Skateboards Market Forecasts and Analysis
9.2.3 Europe Skateboards Market Forecasts and Analysis - By End User
9.2.4 Europe Skateboards Market Forecasts and Analysis - By Distribution Channel
9.2.5 Europe Skateboards Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Skateboards Market
9.2.5.1.1 Germany Skateboards Market by End User
9.2.5.1.2 Germany Skateboards Market by Distribution Channel
9.2.5.2 France Skateboards Market
9.2.5.2.1 France Skateboards Market by End User
9.2.5.2.2 France Skateboards Market by Distribution Channel
9.2.5.3 Italy Skateboards Market
9.2.5.3.1 Italy Skateboards Market by End User
9.2.5.3.2 Italy Skateboards Market by Distribution Channel
9.2.5.4 United Kingdom Skateboards Market
9.2.5.4.1 United Kingdom Skateboards Market by End User
9.2.5.4.2 United Kingdom Skateboards Market by Distribution Channel
9.2.5.5 Russia Skateboards Market
9.2.5.5.1 Russia Skateboards Market by End User
9.2.5.5.2 Russia Skateboards Market by Distribution Channel
9.2.5.6 Rest of Europe Skateboards Market
9.2.5.6.1 Rest of Europe Skateboards Market by End User
9.2.5.6.2 Rest of Europe Skateboards Market by Distribution Channel
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Skateboards Market Overview
9.3.2 Asia-Pacific Skateboards Market Forecasts and Analysis
9.3.3 Asia-Pacific Skateboards Market Forecasts and Analysis - By End User
9.3.4 Asia-Pacific Skateboards Market Forecasts and Analysis - By Distribution Channel
9.3.5 Asia-Pacific Skateboards Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Skateboards Market
9.3.5.1.1 Australia Skateboards Market by End User
9.3.5.1.2 Australia Skateboards Market by Distribution Channel
9.3.5.2 China Skateboards Market
9.3.5.2.1 China Skateboards Market by End User
9.3.5.2.2 China Skateboards Market by Distribution Channel
9.3.5.3 India Skateboards Market
9.3.5.3.1 India Skateboards Market by End User
9.3.5.3.2 India Skateboards Market by Distribution Channel
9.3.5.4 Japan Skateboards Market
9.3.5.4.1 Japan Skateboards Market by End User
9.3.5.4.2 Japan Skateboards Market by Distribution Channel
9.3.5.5 South Korea Skateboards Market
9.3.5.5.1 South Korea Skateboards Market by End User
9.3.5.5.2 South Korea Skateboards Market by Distribution Channel
9.3.5.6 Rest of Asia-Pacific Skateboards Market
9.3.5.6.1 Rest of Asia-Pacific Skateboards Market by End User
9.3.5.6.2 Rest of Asia-Pacific Skateboards Market by Distribution Channel
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Skateboards Market Overview
9.4.2 Middle East and Africa Skateboards Market Forecasts and Analysis
9.4.3 Middle East and Africa Skateboards Market Forecasts and Analysis - By End User
9.4.4 Middle East and Africa Skateboards Market Forecasts and Analysis - By Distribution Channel
9.4.5 Middle East and Africa Skateboards Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Skateboards Market
9.4.5.1.1 South Africa Skateboards Market by End User
9.4.5.1.2 South Africa Skateboards Market by Distribution Channel
9.4.5.2 Saudi Arabia Skateboards Market
9.4.5.2.1 Saudi Arabia Skateboards Market by End User
9.4.5.2.2 Saudi Arabia Skateboards Market by Distribution Channel
9.4.5.3 U.A.E Skateboards Market
9.4.5.3.1 U.A.E Skateboards Market by End User
9.4.5.3.2 U.A.E Skateboards Market by Distribution Channel
9.4.5.4 Rest of Middle East and Africa Skateboards Market
9.4.5.4.1 Rest of Middle East and Africa Skateboards Market by End User
9.4.5.4.2 Rest of Middle East and Africa Skateboards Market by Distribution Channel
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Skateboards Market Overview
9.5.2 South and Central America Skateboards Market Forecasts and Analysis
9.5.3 South and Central America Skateboards Market Forecasts and Analysis - By End User
9.5.4 South and Central America Skateboards Market Forecasts and Analysis - By Distribution Channel
9.5.5 South and Central America Skateboards Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Skateboards Market
9.5.5.1.1 Brazil Skateboards Market by End User
9.5.5.1.2 Brazil Skateboards Market by Distribution Channel
9.5.5.2 Argentina Skateboards Market
9.5.5.2.1 Argentina Skateboards Market by End User
9.5.5.2.2 Argentina Skateboards Market by Distribution Channel
9.5.5.3 Rest of South and Central America Skateboards Market
9.5.5.3.1 Rest of South and Central America Skateboards Market by End User
9.5.5.3.2 Rest of South and Central America Skateboards Market by Distribution Channel
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. SKATEBOARDS MARKET, KEY COMPANY PROFILES
11.1. ELEMENT SKATEBOARDS
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BOILING POINT
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. PLAN B
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. KROWN SKATEBOARDS
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. SK8 FACTORY
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. SKATE ONE
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. ABSOLUTE BOARD
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. ALIEN WORKSHOP
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. ARTPRINT
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. ZERO SKATEBOARDS
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Element Skateboards
2. Boiling Point
3. Plan B
4. Krown Skateboards
5. SK8 Factory
6. Skate One
7. Absolute Board
8. Alien Workshop
9. Artprint
10. Zero Skateboards
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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