The North America Skateboard Market would witness market growth of 3.3% CAGR during the forecast period (2023-2030).In the year 2019, the North America market's volume surged to 16,768.7 thousand units, showcasing a growth of 2.5% (2019-2022).
Skateboards are compact, user-friendly, and can swiftly navigate through traffic. The expanding interest in sports among younger individuals is expected to increase its demand. In addition to providing enjoyable experiences, skating helps maintain flexibility and achieve excellent physical fitness. Moreover, the prevalent fitness trend has led to a substantial increase in outdoor sporting events, which is expected to fuel market growth over the forecast period. Increased awareness of skateboarding due to competitions such as the X Games and Street League has led to increased sales.
Moreover, graphics play a crucial role in increasing consumer adoption of skateboards. Skateboarding has a strong cultural influence, with its own fashion, music, and art subcultures. This cultural appeal draws people into the sport. Increasing consumer preference, particularly among adolescents, for excellent and appealing skateboard graphics has increased their interest in riding them. As a result, market participants use effective marketing strategies to promote their brands as skateboard symbols. Companies also use prevalent slogans and keywords to generate adequate sales.
Due to a preference for fitness and growth in outdoor sports, the market in the United States is expected to register significant improvements. The increasing acceptance of skateboarding as a leisure activity and mode of transportation, including its inclusion in the Olympics, and the preference for environmentally friendly and sustainable products are two reasons that are driving the North America market.
Skateboard demand will also rise over the forecast period due to the expanding use of skateboards in schools and colleges as a component of the physical education curriculum. Skateboards are more popular now than ever due to quick technical improvements and rising disposable wealth. All these factors will likely boost the demand for skateboards in the region.
The US market dominated the North America Skateboard Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1.2 billion by 2030. The Canada market is anticipated to grow at a CAGR of 5.6% during (2023 - 2030). Additionally, The Mexico market would register a CAGR of 4.7% 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 U.S., Mexico, Canada, and Rest of North America.
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
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