Stand Up Paddle Board Market the Impact of Technology Enabled Business Processes and Overview Upcoming Challenges 2028 with Evolving Sales and Marketing Landscape
Worldwide sales in the Stand Up Paddle Boards market are expected to see significant growth with an estimated market size of 112 million by 2028 and a modest CAGR rating of 8% over the estimated forecast period of 2021-2028.
Dallas, Texas, Oct.27, 2021 (GLOBE NEWSWIRE) – Surfing is a popular sport that is also being adopted as a recreational activity for many people who prefer the water activity as a recreational hobby. Similar, Stand Up Paddle Board Market has also grown significantly in popularity over the past few decades with increasing cultural influence and an increasing number of people traced back to traditional and cultural activities other than festivals, one of which is stand up paddle boarding. The demand for stand up paddle boards is increasing as the tourism industry will reach full functionality as the sector recovers from the significant losses during the COVID-19 pandemic that brought adventure tourism to a standstill worldwide.
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Stand-up paddle boards are pieces of equipment used in water sports, which is a sibling of the traditional and globally popular water sport surfing. The equipment in demand is similar in its physical properties to that of a surfboard with some modifications such as a longer and relatively thicker board base compared to a standard surfboard. A rapid surge in recreational activities seen as a result of the normalization of life after the pandemic that locked people in their homes around the world is massively accelerating the demand for stand-up paddle boards. Hence, the growth of the global stand-up paddleboard market is expected to be an inevitable event on the industry’s road to success.
Stand Up Paddle Board Market The leading providers include:
Laird stand up
Sun Dolphin boats
White-tailed eagle boats
Red paddle
Delete Hawaii Corp.
Northwest River Supplies
Skidding
F-ONE
Coreban
GMBH
Rave sport
EXOCET ORIGINAL
C4 Aquarius
BIC Sport stand up paddle
Boardworks Surf & SUP
Tower paddle boards
The story goes on
Stand-up paddle boards, often referred to as SUP, are a hybrid piece of equipment made up of kayaking and surfing, both of which are very popular water activities around the world. Stand up paddle boarding has emerged as one of the fastest growing and largest boardsports industries in the world, with an expected surge in awareness of water activity as cultural influence and adventure tourism appear to be the main catalysts to attract masses to it bring to experience the water sports. Adventure tourism is considered to be the main flag bearer fueling growth in the global stand up paddle boarding market as the tourism industry anticipates a much-needed surge.
Product types include:
Solid SUP boards
Inflatable SUP boards
Applications include:
surfing
All around
Flat water or touring
run
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Increasing technological advancement is encouraging paddleboard designers to create a much more comfortable, sturdy, and appealing product. Product designers and manufacturers are promoting the user-friendly approach that is used in product development by fully showcasing the advanced, strong, durable, yet elegant stand-up paddle boards aimed at gaining momentum with an inexpensive model and so to drive the growth of the global booth. Paddle board market. Increasing experimental initiatives to develop cutting-edge and new product specifications are expected to provide lucrative growth opportunities for the global stand-up paddle board market.
Existing stand-up paddle board manufacturers and new product designers are witnessing a rapid evolution of the product development approach, moving from the all-purpose and multi-purpose inflatable stand-up paddle boards to the recently trending premium SUPs being used by the Consumer needs are driven by the luxury class and higher purchasing power is responsible for the growing demand for high quality and exclusively designed SUPs. Also the demand for lightweight and powerful stand-up paddle boards for racing due to the increasing dominance of racing applications in the market for stand-up paddle boards. Individual consumers are also increasingly buying stand-up paddle boards for recreational activities such as fishing.
The global Stand Up Paddle Boards market is segmented into multiple segments based on product type, sales channel, application / activity, and end-user. The classification by product type leads to the different dimensions of the stand-up paddle boards available on the market, ranging from paddle boards with a size of less than 10 feet, between 10 and 11 feet and boards with a size of more than Extend 11 feet. Regarding the use of SUPs, the market is divided into different uses including surfing, racing, all round, flat water or touring and other recreational uses that stimulate demand.
Table of contents highlights:
1 Introduction
1.1. introduction
1.2. Market definition and scope
1.3. Units, currency, conversions and years taken into account
1.4. Main actors
1.5. Important questions answered
2. Research methodology
2.1. introduction
2.2. Data collection sources
2.3. Estimate the size of the market
2.4. Market forecast
2.5. Data triangulation
2.6. Assumptions and Limitations
3. Market outlook
3.1. introduction
3.2. Market dynamics
3.2.1. driver
3.2.2. Restrictions
3.2.3. Opportunities
3.2.4. challenges
3.3. Porter’s Five Forces Analysis
3.4. PEST analysis
4.Stand-up Paddle Boards Market By Type, 2021-2028 (US $ Mn)
4.1. Solid SUP boards
4.2. Inflatable SUP boards
5.Stand-up Paddle Boards Market By Length, 2021-2028 (US $ Mn)
5.1. Less than 10 feet
5.2. 10 feet – 11 feet
5.3. More than 11 feet
6. Stand-up Paddle Boards Market, By End-User, 2021-2028 (MILLION USD)
6.1. men
6.2. women
6.3. children
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