NEW YORK, Oct. 5, 2021 /PRNewswire/ — The stand-up paddleboard market is expected to grow by $108.21 million from 2021 to 2025 period. The growth momentum of the market is expected to accelerate at a CAGR of 6%.
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The growing adoption of surfing in adventure tourism is one of the major factors propelling the market growth. However, factors such as competition from low-cost vendors will hamper the market growth.
Stand-up Paddleboard Market: Product Landscape
The stand-up paddleboard market has been segmented by product into the following segments:-
Stand-up Paddleboard Market: Distribution Channel Landscape
By distribution channel, the market has been segmented into the following:-
- Sports goods retailers
- Department stores
- Online retailers
Stand-up Paddleboard Market: Geographic Landscape
By geography, the market has been segmented into:-
- North America
- South America
North America is going to have lucrative growth during the forecast period. About 38% of the market’s overall growth is expected to originate from North America.
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- Airhead Sports Group
- Boardworks Surf and Sup.
- Cascadia Board Co.
- Red Paddle Co.
- SUP ATX LLC
- Tahe Outdoors France SASU
- Wenonah Canoe
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Stand-up Paddleboard Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of 6%
Market growth 2021-2025
$ 108.21 million
YoY growth (%)
North America, Europe, APAC, South America, and MEA
Performing market contribution
North America at 38%
Key consumer countries
US, France, Canada, Germany, and Australia
Leading companies, competitive strategies, consumer engagement scope
Airhead Sports Group, Boardworks Surf and Sup., Cascadia Board Co., LAIRDSTANDUP, Red Paddle Co., Starboard, SUP ATX LLC, Tahe Outdoors France SASU, Tower, and Wenonah Canoe
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,
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