The Europe Skateboard Market would witness market growth of 3.3% CAGR during the forecast period (2023-2030).In the year 2020, the Europe market's volume surged to 11,410.1 thousand units, showcasing a growth of 2.6% (2019-2022).
As a sport that provides an enjoyable and engaging experience, skateboarding appeals to many individuals, including novices. Different varieties of skateboards, including longboards and cruiser boards, increase accessibility. This diverse equipment selection caters to various preferences and riding styles, allowing beginners and experts to find the ideal skateboard for their requirements and enhance their overall skateboarding experience.
Skateboarding has a strong appeal to young people, making it a popular recreational activity. Professional skateboarders and athletes have served to promote and increase the sport's visibility. Skateboarding is an inclusive sport, welcoming participants of various ages, genders, and skill levels. Skateboard companies are continually investigating and developing new goods, like electric skateboards, which have contributed to the market's continued vitality and attracted new customers.
Skateboarding has a vibrant presence in various European nations, with each country contributing its unique style, culture, and skateboarding scene to the broader skateboarding community. France has a rich skateboarding heritage, with cities like Paris being popular skateboarding hubs. The country hosts numerous skate parks, iconic skate spots, and skate shops. Some important trends in the Germany market include the rise of longboarding and cruising and the development of skateboarding as a recognized sport with its features in the 2020 Summer Olympics.
Skateboarders frequently customize their boards and experiment with various parts and designs, another feature of the region's market. Small, specialized skate shops that serve this DIY community have sprung up as a result. These factors will provide lucrative prospects for the growth of the market in Europe.
The Germany market dominated the Europe Skateboard Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $272 million by 2030. The UK market is estimated to witness a CAGR of 2.4% during (2023 - 2030). Additionally, The France market would showcase a CAGR of 4.1% during (2023 - 2030).
Based on End User, the market is segmented into Teenagers (12-17), Adults (18 & Above), and Kids (0-9). Based on Product Type, the market is segmented into Street Board, Cruiser Board, Long Board, Park Board, Hybrid Board, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Skateboard Market is Projected to reach USD 4.2 Billion by 2030, at a CAGR of 3.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Boardriders, Inc. (Authentic Brands Group LLC), Atom Longboards (MBS Mountainboards), Sk8factory, Skate One Corp., ABSOLUTE BOARD CO. INC, CaliRides LLC (Boosted USA), Advanced Technology Labs AG (Yuneec Europe GmbH), Control Skateboards Inc., Razor USA LLC, Almost Skateboards
By End User (Volume, Thousand Units, USD Million, 2019-2030)
By Product Type (Volume, Thousand Units, USD Million, 2019-2030)
By Country (Volume, Thousand Units, USD Million, 2019-2030)
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