PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1658689
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1658689
United States Skateboard Market, By Type; By Distribution Channel; By End User, Trend Analysis, Competitive Landscape & Forecast, 2019-2031
United States Skateboard Market Size to Surpass USD 827 Million by 2031
United States Skateboard Market is booming primarily due to the surging popularity of skateboarding as both a recreational pursuit and a competitive sport, the pervasive influence of social media and its skateboarding influencers, and the burgeoning demand for electric skateboards.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated United States Skateboard Market size by value at USD 622.7 million in 2024. During the forecast period between 2025 and 2031, BlueWeave expects United States Skateboard Market size to boom at a robust CAGR of 4.8% reaching a value of USD 827.3 million by 2031. The growth of Skateboard Market in United States is propelled by the burgeoning interest in sports among younger generations, while the global rise of skating as both a recreational pursuit and a fitness regimen is significantly impacting market dynamics. The escalating trend of outdoor fitness activities, coupled with the accessibility and diversity of skateboard options, is further driving market expansion. Traditional skateboards maintain a strong market presence due to their affordability, low maintenance, and unique ability to foster creative expression. Media and pop culture have played a crucial role in amplifying skateboard's visibility, while continuous advancements in design, materials, and technology are constantly enriching the overall skateboarding experience, driving further market growth.
Street Skateboard Segment Holds Largest Market Share
The street skateboard segment, commonly known as 'popsicle boards,' dominates the United States Skateboard Market. These compact boards, ideal for urban environments, feature smaller, harder wheels for navigating uneven surfaces. Their affordability and beginner-friendly nature have fueled their popularity, attracting a wide range of skaters. Recognizing this segment's potential, manufacturers are increasingly investing in innovation. A notable example is Inter IKEA Systems B.V.'s 2018 launch of its first skateboard, underscoring the growing mainstream appeal of street skateboarding.
Impact of Escalating Geopolitical Tensions on United States Skateboard Market
Intensifying geopolitical tensions could have a multifaceted impact on United States Skateboard Market. Global supply chains for skateboarding components, including decks, wheels, and electronics for electric models, are highly interconnected. Trade restrictions, tariffs, or disruptions caused by conflicts can lead to supply chain bottlenecks, increased production costs, and reduced availability of raw materials and finished products. Moreover, economic uncertainties arising from geopolitical instability can dampen consumer spending on discretionary items like skateboards. These challenges can force manufacturers to navigate increased costs, potentially impacting their ability to maintain competitive pricing and drive innovation. In conclusion, escalating geopolitical tensions represent a significant threat to the market's growth and operational stability.
Competitive Landscape
United States Skateboard Market is highly fragmented, with numerous players serving the market. Major companies dominating the market include Woodchuck Laminates, Alien Workshop, Skate One, Customskateboards, Boardriders, Razor, Absolute Board Co, Almost Skateboards, and Powell Peralta. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge over their competitors in United States Skateboard Market.
The report's in-depth analysis provides information about growth potential, upcoming trends, and United States Skateboard Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in United States Skateboard Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. United States Skateboard 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 as a recreational activity and sport
- 3.2.1.2. Increasing influence of social media and influencers promoting skateboarding
- 3.2.1.3. Rising demand for electric skateboards
- 3.2.2. Restraints
- 3.2.2.1. High initial investment cost for premium skateboard brands and electric skateboards
- 3.2.2.2. Safety concerns related to skateboarding injuries.
- 3.2.3. Opportunities
- 3.2.3.1. Expansion of skateboarding in school sports programs and youth engagement
- 3.2.3.2. Increasing demand for eco-friendly and sustainable skateboard materials
- 3.2.4. Challenges
- 3.2.4.1. Limited infrastructure for skateboarding in some regions
- 3.2.4.2. Environmental impact of skateboard manufacturing materials
- 3.2.1. Growth Drivers
- 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. United States Skateboard Market: Marketing Strategies
5. United States Skateboard Market: Pricing Analysis
6. United States Skateboard Market Overview
- 6.1. Market Size & Forecast, 2019-2031
- 6.1.1. By Value (USD Million)
- 6.2. Market Share & Forecast
- 6.2.1. By Type
- 6.2.1.1. Street Skateboards
- 6.2.1.2. Cruiser Skateboards
- 6.2.1.3. Long Skateboards
- 6.2.1.4. Electric Skateboards
- 6.2.1.5. Other Skateboards
- 6.2.2. By Distribution Channel
- 6.2.2.1. Online
- 6.2.2.2. Offline
- 6.2.3. By End User
- 6.2.3.1. Kids
- 6.2.3.2. Teenagers
- 6.2.3.3. Adults
- 6.2.1. By Type
7. Competitive Landscape
- 7.1. List of Key Players and Their End Users
- 7.2. United States Skateboard Company Market Share Analysis, 2024
- 7.3. Competitive Benchmarking, By Oping Parameters
- 7.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships)
8. Impact of Escalating Geopolitical Tensions on United States Skateboard Market
9. Company Profiles (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- 9.1. Woodchuck Laminates
- 9.2. Alien Workshop
- 9.3. Skate One
- 9.4. Customskateboards
- 9.5. Boardriders
- 9.6. Razor
- 9.7. Absolute Board Co
- 9.8. Almost Skateboards
- 9.9. Powell Peralta.
- 9.10. Other Prominent Players
10. Key Strategic Recommendations
11. Research Methodology
- 11.1. Qualitative Research
- 11.1.1. Primary & Secondary Research
- 11.2. Quantitative Research
- 11.3. Market Breakdown & Data Triangulation
- 11.3.1. Secondary Research
- 11.3.2. Primary Research
- 11.4. Breakdown of Primary Research Respondents
- 11.5. Assumption & Limitation
*Financial information of non-listed companies will be provided as per availability
**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable
List of Figures
- Figure 1 United States Skateboard Market Segmentation
- Figure 2 United States Skateboard Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2024
- Figure 4 United States Skateboard Market Size, By Value (USD Million), 2019-2031
- Figure 5 United States Skateboard Market Share, By Type, By Value (USD Million) 2019-2031
- Figure 6 United States Skateboard Market Share, By Distribution Channel, By Value (USD Million) 2019-2031
- Figure 7 United States Skateboard Market Share, By End User, By Value (USD Million) 2019-2031
List of Tables
- Table 1 United States Skateboard Market Share, By Type, By Value (USD Million) 2019-2031
- Table 2 United States Skateboard Market Share, By Distribution Channel, By Value (USD Million) 2019-2031
- Table 3 United States Skateboard Market Share, By End User, By Value (USD Million) 2019-2031
- Table 4 Woodchuck Laminates Company Overview
- Table 5 Woodchuck Laminates Financial Overview
- Table 6 Alien Workshop Company Overview
- Table 7 Alien Workshop Financial Overview
- Table 8 Skate One Company Overview
- Table 9 Skate One Financial Overview
- Table 10 Customskateboards Company Overview
- Table 11 Customskateboards Financial Overview
- Table 12 Boardriders Company Overview
- Table 13 Boardriders Financial Overview
- Table 14 Razor Company Overview
- Table 15 Razor Financial Overview
- Table 16 Absolute Board Co Company Overview
- Table 17 Absolute Board Co Financial Overview
- Table 18 Almost Skateboards Company Overview
- Table 19 Almost Skateboards Financial Overview
- Table 20 Powell Peralta Company Overview
- Table 21 Powell Peralta Financial Overview
