The latest industry analysis on Stand Up Paddle Board Market provides sales outlook in 20+ countries, across key categories Product, Application, Sales Channel. Insights on Stand Up Paddle Board Market drivers, trends, and influencing factors are also included in the study.
The detailed research report on the global Stand Up Paddle Board Market focuses on the macro as well as microeconomic factors that are helping its development. The report also concentrates on the regulatory framework that is shaping the future of the global market. Furthermore, the research report also makes not of the existing as well as prevailing pricing structure, emerging areas of applications, and imminent investment opportunities in the global market.
The Stand Up Paddle Board Market study outlines the key regions – North America, Latin America, Europe and East Asia – along with the countries contributing the most in the respective regions. The report presents detailed insights about each market player, including SWOT analysis, main market information, market share, revenue, pricing and gross margin.
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Prominent players covered in this research are
- Ben Buckler Boards
- Blue Planet Surf
- Funky Sup
- Dunn-Rite Products
- Hobie Cat Company
- Aquaspro Sports & Leisure Company Limited
Key Stand Up Paddle Board Market Survey Highlights and Projections
- Fact.MR analysis provides Stand Up Paddle Board Market demand-supply assessment, revealing Stand Up Paddle Board Market sales to grow from US$ 1.5 Bn in 2022 to US$ 3.8 Bn in 2032
- The report provides sales outlook on Stand Up Paddle Board Market, opining Stand Up Paddle Board Market revenues to register a CAGR of 9.7% during 2022-2032
- Stand Up Paddle Board Market sales in US will grow at a steady pace, driven by growing consumer confidence and economic recovery
- Stand Up Paddle Board Market demand forecast in Europe remains stable, as many countries such as UK, France, and Germany focus on boosting growth
- Japan and South Korea Stand Up Paddle Board Market demand likely to grow at a steady clip during 2022-2032
Competitive Landscape
To increase the global penetration in the profitable areas, the above mentioned players are opting for combination of inorganic and organic growth strategies which include launching of new products, product modification and constructive collaboration and partnership with small manufacturer or startup to boost their sales and increase Company’s profitability and match the latest trends in the standup paddle board industry.
- In 2021, Blue Planet Surf announced the takeover of the management of Tropical Rush Store. This development is expected to increase the sales of its standup paddle board and the demand for the company’s standup paddle board rental services.
- In 2019, Funky Sup launched a new standup paddle board with 2D & 3D photos of sea animals for kids.
Report Benefits & Key Questions Answered
- Stand Up Paddle Board Market Company & brand share analysis: Company and brand share analysis on Stand Up Paddle Board Market reveals how much market share is captured by Tier 1, Tier 2, and Tier 3 players
- Stand Up Paddle Board Market Historical volume analysis: The industry analysis provides data & insights on historical volume sales of Stand Up Paddle Board Market
- Stand Up Paddle Board Market Category & segment level analysis: Fact.MR’s Stand Up Paddle Board Market sales outlook offers category and segment level analysis on lucrative and nascent product types. Market players can use this information to identify sales potential and set sales targets at local, country, and regional level.
- Stand Up Paddle Board Market Consumption by demographics: The market intelligence study provides consumption by demographics analysis so market players can design their product and marketing strategies on the basis of high-value consumers
- Post COVID consumer spending on Stand Up Paddle Board Market: The report includes post COVID consumer spending analysis. This information will help business leads understand the shifts in purchasing power and behavior
- Manufacturing trend analysis: Vital information on how market players are aligning their manufacturing strategies with respect to evolving consumer sentiments
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What insights does the Stand Up Paddle Board Market report provide to the readers?
- Stand Up Paddle Board Market fragmentation on the basis of product type, end use, and region.
- Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.
- Collaborations, R&D projects, acquisitions, and product launches of each Stand Up Paddle Board Market player.
- Various regulations imposed by the governments on the consumption of Stand Up Paddle Board Market in detail.
Market Segmentation
- By Product Type :
- All-round SUP Board
- Flatwater SUP Board
- Race SUP Board
- Surf SUP Board
- By Length :
- <9 Feet’s
- 9 to 12 Feet’s
- >12 Feet’s
- By Material Type :
- PVC
- Epoxy
- Fibre Glass
- Plastics
- By Board Type :
- Surf SUP Board
- Inflatable SUP Board
- By Application :
- Surfing
- Touring/ Cruising
- Racing
- Fitness
- By Consumer Orientation :
- Adults
- Kids
- By Sales Channel :
- Online Sales Channel
- Direct to Customer
- Third Party Online
- Franchised Sport Outlet
- Retail Sports Outlet
- Modern Trade Channel
- Specialty Stores
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