Hi, what are you looking for?
Advent of electrical skateboards and technological advancements are some key factors driving market revenue growth
Market Size – USD 2.30 Billion in 2020, Market Growth – at a CAGR of 3.3%, Market Trend – Increasing preference for personal mobility
The global skateboard market size is expected to reach USD 3 Billion in 2028 and register a revenue CAGR of 3.3% over the forecast period, according to latest report by Reports and Data. Factors driving market revenue growth include ongoing technological advancement, advent of electrical skateboards, rising demand for graphic skateboards, increasing awareness about body fitness and outdoor sports activities, and growing preference for personal mobility.
A skateboard is basically a narrow board attached with small wheels at both ends. Skateboarding helps to relieve stress, enhance body flexibility, and maintain shape of the body. Some most commonly used skateboards are street boards, park boards, carve skateboards, double kick skateboards, cruiser boards, mini cruiser skateboards, and long boards. Carve skateboards imitate the behavior of surfboards and thus, help improve balance over the board, along with surfing style. Double kick skateboards are the most widely used skateboards among teenagers, and they work on almost every type of surface, such as skate parks, streets, and others.
Street board segment accounted for largest revenue share in the global market in 2020, which can be attributed to rising demand for street boards and presence of a large number of teenage skateboarders around the world. Rapid urbanization and rising focus on maintaining a fit body are some other factors that are encouraging people across the globe to participate in a variety of sports activities including skateboarding. Additionally, supportive government policies to promote outdoor activities among youth, as well as rising investments in research & development activities to develop advanced sporting facilities, are supporting market growth.
However, some unfavorable factors are expected to restrain market growth to a certain extent. For example, high risk of injuries while skateboarding and availability of alternative options such as scooters are some key factors expected to negatively impact market revenue growth during the forecast period.
Some major companies operating in the global market include Element Skateboards, Krown Skateboards, Blind Skateboards, Skate One, Alien Workshop, Zero Skateboards, Control Skateboards Inc., Razor USA LLC, Boosted Inc., and Almost Skateboards.
Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/4933
Some Key Highlights From the Report:
For this report, Reports and Data has segmented the global skateboard market based on product, distribution channel, end-use, and region:
Product Outlook (Revenue, USD Billion; 2018-2028)
Distribution Channel Outlook (Revenue, USD Billion; 2018-2028)
End-Use Outlook (Revenue, USD Billion; 2018-2028)
Regional Outlook (Revenue, USD Billion; 2018-2028)
Key Advantages of Skateboard Report:
Dairy Processing Equipment Market Size, By Equipment Type, By Mode of Operation, By Application, and By Region Forecast to 2028
Mobility As A Service (MaaS) Market By Service Type, By Vehicle Type, By Type, By Business Model, By Operating System, By Application, and By Region Forecast to 2030
Fiber Optics Market Size, Share, Trends, By Component, By Optical Fiber Type, By Application and By Region Forecast to 2030
Media Contact Company Name: Reports and Data Contact Person: John Watson Email: Send Email Phone: +1-212-710-1370 Address:40 Wall St. 28th floor City: New York City State: NY 10005 Country: United States Website: https://www.reportsanddata.com/report-detail/skateboard-market
In a 6-3 ruling, the Supreme Court ruled against the EPA, hindering the government from tackling the climate crisis.
You can’t just ring someone and ask them to fix America. Where would you get the parts, to start with?
The problem remains – How and why can we trust this thing?
A rainbow flag hangs outside the Ibn Rushd-Goethe mosque in Berlin - Copyright AFP GABRIEL BOUYSA mosque in Berlin on Friday became the first...
COPYRIGHT © 1998 - 2022 DIGITAL JOURNAL INC. Digital Journal is not responsible for the content of external sites. Read more about our external linking.