Board Sports Market to grow at a CAGR of 5.3 percent to reach USD 35 billion by 2029

Global Board Sports Market is projected to grow at a CAGR of 5.3% during the forecast period, from 2022 to 2029, to reach a market size of USD 24.74 billion by 2029, up from USD 35 billion in 2022.

(EMAILWIRE.COM, August 31, 2023 ) Maximize Market Research expects, the Board Sports Market to grow from USD 24.74 billion in 2022 to USD 35 billion in 2029 at a CAGR of 5.3 percent.

Board Sports Market Report Scope and Research Methodology

The Board Sports Market Report evaluates the global market for board sports equipment and activities. The research methodology involves thorough data collection, analysis, and interpretation using primary and secondary sources. The report offers insights into market trends, key players, growth drivers, and future projections in the board sports industry.

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Board Sports Market Dynamics

The intricate and interconnected structure of contemporary business mirrors the escalating prominence and engagement in board sports. Globally, board sports have observed a notable upswing in popularity, captivating a diverse range of individuals spanning various age brackets. This surge can be attributed to amplified media exposure, the promotional prowess of social media, and the aspirational allure intrinsic to board sports.

Board Sports Market Regional Insights

The Asia Pacific region boasts a dynamic board sports market, marked by the notable presence of surf, skate, and snowboarding communities. Countries including Australia, Indonesia, Japan, and New Zealand showcase robust surf cultures, renowned for their world-class waves.

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Board Sports Market Segmentation

By Product

Skateboards
Surfboards
Snowboards
Wakeboards

By Distribution

Online
Offline

By End-user

Consumer
Commercial
By Age group

Teenagers
Adults
Seniors

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Board Sports Market Key Competitors include:

Quiksilver
Billabong
Rip Curl
O'Neill
Vans
Element Skateboards
Santa Cruz Skateboards
Powell Peralta
Burton Snowboards
Lib Tech
Ride Snowboards
Hyperlite
Liquid Force
Ronix Wakeboards
Naish
Starboard
Red Paddle Co
NeilPryde

Maximize Market Research a leading Consumer Goods & Services research firm, has also published the following reports:

Sports Footwear Market - The market size is expected to reach USD 141.79 billion by 2029 at a CAGR of 4.8 percent during the forecast period.

Outdoor Sportswear Market - The market size is expected to reach USD 26.81 billion by 2029 at a CAGR of 6.2 percent during the forecast period.

About Maximize Market Research:

Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

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