Skateboard Trucks Market, By Type; By Distribution Channel; By Region, Global Trend Analysis, Competitive Landscape & Forecast, 2019-2030

List of Tables

Global Skateboard Trucks Market Growing Steadily to Surpass Value of USD 4 Billion by 2030

Global Skateboard Trucks Market is flourishing because of the growing popularity of skateboarding and rapid urbanization and street culture.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Global Skateboard Trucks Market size at USD 2.89 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects Global Skateboard Trucks Market size to expand at a CAGR of 4.50% reaching a value of USD 4.06 billion by 2030. An increasing demand for customized skateboards and the expanding appeal of street culture and skateboarding are key drivers of growth in the Global Skateboard Trucks Market. Moreover, it is also projected that the growing incorporation of sustainable materials into skateboards would propel the growth of Global Skateboard Trucks Market over the forecast period.

Opportunity - Increasing Number of Female Skateboarders

The increase in female participation offers an immense growth opportunity for the major players in Global Skateboard Trucks Market. The skateboarding community, which has historically been dominated by men, is changing as more women and girls take an interest in the sport. As companies come to understand the value of inclusion, products made especially for female skaters-like boards with sizes and patterns tailored to their tastes-are emerging. The market need for skateboard trucks is being driven by this shift in demographics, which is also opening up new opportunities for skateboard makers.

Impact of Escalating Geopolitical Tensions on Global Skateboard Trucks Market

The escalating geopolitical tensions could negatively impact the growth of Global Skateboard Trucks Market. Geopolitical conflicts create supply chain disruptions that result in shortages or delays in vital parts that are imported from other nations and utilized in the production of skateboard trucks, such as different metals. Furthermore, trade restrictions and tariffs imposed by other nations may cause a jump in the cost of manufacturing and raw materials, which might impede the expansion of the industry. Additionally, geopolitical tensions have an impact on consumer behavior and purchasing power. This might lead to a slowdown in the demand for skateboards, which would ultimately reduce the market for skateboard trucks.

Supermarket Distribution Channel Holds Largest Market Share

The supermarket segment holds leadership position in Global Skateboard Trucks Market by distribution channel. The easy access to a large selection of skateboards in various sizes, colors, and brands, as well as the abundance of supermarkets around the globe, contribute to the segment's growth. However, during the period in analysis, it is expected that the Internet sales category will grow at the fastest rate. Skateboard trucks have seen an increase in online sales due in part to the rising use of online payment methods and e-commerce sites like Amazon.com. The other major segments in Global Skateboard Trucks Market by distribution channel include specialist retailers.

North America Dominates Global Skateboard Trucks Market

North America holds the largest market share in Global Skateboard Trucks Market, owing to the high popularity of skateboarding in the United States. There are now several skating events staged across the country, as a result of skateboarding's rising appeal as a sport and recreation. Moreover, the market is expanding, due to skateboarding's development as a "distinct culture" in the United States over the 1990s.

Competitive Landscape

Global Skateboard Trucks Market is intensely competitive, as a number of companies are competing to gain a significant market share. Key players in the market include Independent Trucks, Wever Co., Ltd, Quest Boards, Thunder Trucks, Venture Trucks, TENSOR Trucks, Krux Trucks, Mini-Logo Skateboards, Bear Trucks, Caliber, Paris Trucks, and 2HEX.

To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and Global Skateboard Trucks Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Global Skateboard Trucks Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Product Code: BWC24688

1. Research Framework

1.1. Research Objective
1.2. Type Overview
1.3. Market Segmentation

2. Executive Summary

3. Global Skateboard Trucks Market Insights

3.1. Industry Value Chain Analysis
3.2. DROC Analysis
- 3.2.1. Growth Drivers
  - 3.2.1.1. Growing Popularity of Skateboarding
  - 3.2.1.2. Urbanization and Street Culture
  - 3.2.1.3. Diverse Skateboarding Styles
  - 3.2.1.4. Innovations in Materials and Manufacturing Techniques
- 3.2.2. Restraints
  - 3.2.2.1. Competition from Other Sports
  - 3.2.2.2. Safety Concerns among some Potential Participants
  - 3.2.2.3. Environmental Regulations on the Use of Certain Materials or Manufacturing Processes
- 3.2.3. Opportunities
  - 3.2.3.1. Expanding Skateboarding market in Emerging Economies
  - 3.2.3.2. Increasing for Customized and Personalized Skateboard Trucks
  - 3.2.3.3. Rise of E-Commerce Platforms
- 3.2.4. Challenges
  - 3.2.4.1. High Cost of Materials Used in Skateboard Trucks
  - 3.2.4.2. Prevalence of Counterfeit Skateboard Trucks
3.3. Technological Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry

4. Global Skateboard Trucks Market: Marketing Strategies

5. Global Skateboard Trucks Market: Pricing Analysis

6. Global Skateboard Trucks Market: Geography Analysis

6.1. Global Skateboard Trucks Market, Geographical Analysis, 2023
6.2. Global Skateboard Trucks, Market Attractiveness Analysis, 2024-2030

7. Global Skateboard Trucks Market Overview

7.1. Market Size & Forecast, 2019-2030
- 7.1.1. By Value (USD Billion)
7.2. Market Share and Forecast
- 7.2.1. By Type
  - 7.2.1.1. Hollow
  - 7.2.1.2. Solid
- 7.2.2. By Distribution Channel
  - 7.2.2.1. Supermarkets
  - 7.2.2.2. Specialist Retailers
  - 7.2.2.3. Internet Sales
  - 7.2.2.4. Others
- 7.2.3. By Region
  - 7.2.3.1. North America
  - 7.2.3.2. Europe
  - 7.2.3.3. Asia Pacific (APAC)
  - 7.2.3.4. Latin America (LATAM)
  - 7.2.3.5. Middle East and Africa (MEA)

8. North America Skateboard Trucks Market

8.1. Market Size & Forecast, 2019-2030
- 8.1.1. By Value (USD Billion)
8.2. Market Share & Forecast
- 8.2.1. By Type
- 8.2.2. By Distribution Channel
- 8.2.3. By Country
  - 8.2.3.1. United States
  - 8.2.3.1.1. By Type
  - 8.2.3.1.2. By Distribution Channel
  - 8.2.3.2. Canada
  - 8.2.3.2.1. By Type
  - 8.2.3.2.2. By Distribution Channel

9. Europe Skateboard Trucks Market

9.1. Market Size & Forecast, 2019-2030
- 9.1.1. By Value (USD Billion)
9.2. Market Share & Forecast
- 9.2.1. By Type
- 9.2.2. By Distribution Channel
- 9.2.3. By Country
  - 9.2.3.1. Germany
  - 9.2.3.1.1. By Type
  - 9.2.3.1.2. By Distribution Channel
  - 9.2.3.2. United Kingdom
  - 9.2.3.2.1. By Type
  - 9.2.3.2.2. By Distribution Channel
  - 9.2.3.3. Italy
  - 9.2.3.3.1. By Type
  - 9.2.3.3.2. By Distribution Channel
  - 9.2.3.4. France
  - 9.2.3.4.1. By Type
  - 9.2.3.4.2. By Distribution Channel
  - 9.2.3.5. Spain
  - 9.2.3.5.1. By Type
  - 9.2.3.5.2. By Distribution Channel
  - 9.2.3.6. Belgium
  - 9.2.3.6.1. By Type
  - 9.2.3.6.2. By Distribution Channel
  - 9.2.3.7. Russia
  - 9.2.3.7.1. By Type
  - 9.2.3.7.2. By Distribution Channel
  - 9.2.3.8. The Netherlands
  - 9.2.3.8.1. By Type
  - 9.2.3.8.2. By Distribution Channel
  - 9.2.3.9. Rest of Europe
  - 9.2.3.9.1. By Type
  - 9.2.3.9.2. By Distribution Channel

10. Asia Pacific Skateboard Trucks Market

10.1. Market Size & Forecast, 2019-2030
- 10.1.1. By Value (USD Billion)
10.2. Market Share & Forecast
- 10.2.1. By Type
- 10.2.2. By Distribution Channel
- 10.2.3. By Country
  - 10.2.3.1. China
  - 10.2.3.1.1. By Type
  - 10.2.3.1.2. By Distribution Channel
  - 10.2.3.2. India
  - 10.2.3.2.1. By Type
  - 10.2.3.2.2. By Distribution Channel
  - 10.2.3.3. Japan
  - 10.2.3.3.1. By Type
  - 10.2.3.3.2. By Distribution Channel
  - 10.2.3.4. South Korea
  - 10.2.3.4.1. By Type
  - 10.2.3.4.2. By Distribution Channel
  - 10.2.3.5. Australia & New Zealand
  - 10.2.3.5.1. By Type
  - 10.2.3.5.2. By Distribution Channel
  - 10.2.3.6. Indonesia
  - 10.2.3.6.1. By Type
  - 10.2.3.6.2. By Distribution Channel
  - 10.2.3.7. Malaysia
  - 10.2.3.7.1. By Type
  - 10.2.3.7.2. By Distribution Channel
  - 10.2.3.8. Singapore
  - 10.2.3.8.1. By Type
  - 10.2.3.8.2. By Distribution Channel
  - 10.2.3.9. Vietnam
  - 10.2.3.9.1. By Type
  - 10.2.3.9.2. By Distribution Channel
  - 10.2.3.10. Rest of APAC
  - 10.2.3.10.1. By Type
  - 10.2.3.10.2. By Distribution Channel

11. Latin America Skateboard Trucks Market

11.1. Market Size & Forecast, 2019-2030
- 11.1.1. By Value (USD Billion)
11.2. Market Share & Forecast
- 11.2.1. By Type
- 11.2.2. By Distribution Channel
- 11.2.3. By Country
  - 11.2.3.1. Brazil
  - 11.2.3.1.1. By Type
  - 11.2.3.1.2. By Distribution Channel
  - 11.2.3.2. Mexico
  - 11.2.3.2.1. By Type
  - 11.2.3.2.2. By Distribution Channel
  - 11.2.3.3. Argentina
  - 11.2.3.3.1. By Type
  - 11.2.3.3.2. By Distribution Channel
  - 11.2.3.4. Peru
  - 11.2.3.4.1. By Type
  - 11.2.3.4.2. By Distribution Channel
  - 11.2.3.5. Rest of LATAM
  - 11.2.3.5.1. By Type
  - 11.2.3.5.2. By Distribution Channel

12. Middle East & Africa Skateboard Trucks Market

12.1. Market Size & Forecast, 2019-2030
- 12.1.1. By Value (USD Billion)
12.2. Market Share & Forecast
- 12.2.1. By Type
- 12.2.2. By Distribution Channel
- 12.2.3. By Country
  - 12.2.3.1. Saudi Arabia
  - 12.2.3.1.1. By Type
  - 12.2.3.1.2. By Distribution Channel
  - 12.2.3.2. UAE
  - 12.2.3.2.1. By Type
  - 12.2.3.2.2. By Distribution Channel
  - 12.2.3.3. Qatar
  - 12.2.3.3.1. By Type
  - 12.2.3.3.2. By Distribution Channel
  - 12.2.3.4. Kuwait
  - 12.2.3.4.1. By Type
  - 12.2.3.4.2. By Distribution Channel
  - 12.2.3.5. South Africa
  - 12.2.3.5.1. By Type
  - 12.2.3.5.2. By Distribution Channel
  - 12.2.3.6. Nigeria
  - 12.2.3.6.1. By Type
  - 12.2.3.6.2. By Distribution Channel
  - 12.2.3.7. Algeria
  - 12.2.3.7.1. By Type
  - 12.2.3.7.2. By Distribution Channel
  - 12.2.3.8. Rest of MEA
  - 12.2.3.8.1. By Type
  - 12.2.3.8.2. By Distribution Channel

13. Competitive Landscape

13.1. List of Key Players and Their Offerings
13.2. Global Skateboard Trucks Market Share Analysis, 2023
13.3. Competitive Benchmarking, By Operating Parameters
13.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)

14. Impact of Escalating Geopolitical Tensions on Global Skateboard Trucks Market

15. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)

15.1. Independent Trucks
15.2. Wever Co. Ltd
15.3. Quest Boards
15.4. Thunder Trucks
15.5. Venture Trucks
15.6. Tensor Trucks
15.7. Krux Trucks
15.8. Mini-Logo Skateboards
15.9. Bear Trucks
15.10. Caliber
15.11. Paris Trucks
15.12. 2HEX
15.13. Other Prominent Players

16. Key Strategic Recommendations

17. Research Methodology

17.1. Qualitative Research
- 17.1.1. Primary & Secondary Research
17.2. Quantitative Research
17.3. Market Breakdown & Data Triangulation
- 17.3.1. Secondary Research
- 17.3.2. Primary Research
17.4. Breakdown of Primary Research Respondents, By Region
17.5. Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable