USD 1.6 billion
Report ID:
SQSG30L2019 |
Region:
Global |
Published Date: January, 2025
Pages:
157
|Tables:
117
|Figures:
77
Global Stand-up Paddle Board Market size was valued at USD 1.6 billion in 2023 and is poised to grow from USD 1.76 billion in 2024 to USD 3.77 billion by 2032, growing at a CAGR of 10.0% during the forecast period (2025-2032).
The stand-up paddle board market is growing rapidly with new companies entering the market. SUP is an incredibly versatile sport that can be enjoyed by people of all ages and fitness levels. It's a great way to exercise and explore water sports that are widely adopted. Some of the biggest benefits of SUPing include the fact that it's relatively easy to learn, it's safe for beginners, and has a low impact on the environment. Plus, consumers are opting for SUP as an easy way to stay connected with nature while enjoying some peaceful relaxation time.
US Stand-Up Paddle Board Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2025-2032
Global Market Size
USD 1.6 billion
Largest Segment
Fastest Growth
pvc
Growth Rate
10.0% CAGR
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Global Stand-up Paddle Board Market is segmented by Product Type, Length, Material, Board Type, Application, Consumer, Sales and region. Based on Product Type, the market is segmented into All Round SUO Board, Flat Water SUP Board, Race SUP Board and Surd SUP Board. Based on Length, the market is segmented into < 9 fts, 9 – 12 fts and > 12 fts. Based on Material, the market is segmented into PVC, Epoxy, Fiber Glass and Plastics. Based on Board Type, the market is segmented into Surf SUP Board and Inflatable SUP Board. Based on Application, the market is segmented into Surfing, Cruising, Racing and Fitness. Based on Consumer, the market is segmented into Adults and Kids. Based on Sales, the market is segmented into Online Sales, Francized Sports Outlet, Retail Sports Outlet, Modern Trade Channel and Specialty Stores. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
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North America accounted for the largest share in the stand-up paddle board market. It has a large coastline that offers ample opportunities for paddle boarding. Additionally, there is a growing trend of people using paddle boards for fitness and recreation which has helped to increase the popularity of the sport.
In addition to having a large coastline, North America also has many lakes and rivers that are ideal for paddle boarding. This means that there are a plenty of locations where people can try out the sport. Additionally, the weather in North America is generally conducive to paddle boarding, with warm summers and relatively calm waters making it possible to paddle board year-round in many parts of the region.
All of these factors have combined to make North America the largest stand-up paddle board market in the world. With so many opportunities to try out the sport and abundant locations the regional market is flourishing with significant opportunities.
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Paddling is seen as a fitness and recreation sport worldwide
There are a few key factors that have driven the recent growth in popularity of stand-up paddle boarding (SUP).
Lack of awareness and high costs of equipment to impede the market growth
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In the wake of millennials moving into larger apartments, and wanting to get active, there has been a boom in the stand-up paddle board market. Manufacturers are vying for this market by coming up with new and innovative designs. Some of the most popular brands include OBX, Volvoo, Aqua Boardz, and Stand-Up Paddleboards.
Now that there is a wider variety of brands available, it is hard for consumers to decide which one to buy. In line with this, manufacturers are trying to compete in the market by offering different types of boards and accessories. Some companies are focusing on making the board more versatile so that it can be used for different activities such as surfing, SUPing, and kayaking. Others are emphasizing the fun factor by creating unique designs and colors. Still others in the stand-up paddle board market are promoting their boards as environment friendly thanks to their minimal impact on marine life.
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
Global stand-up paddle board market is a rapidly growing market with immense potential. According to the Outdoor Industry Association, sales of stand-up paddle boards grew by over 20% from 2014 to 2020, and continue to grow at a similar rate. This growth is being driven by the increasing popularity of the sport, as well as the wide range of benefits that it offers.
There are a number of different types of paddle boards available on the market, which cater to different styles of paddling and different levels of experience. Inflatable paddle boards are becoming increasingly popular due to their portability and ease-of-use, while racing boards and surfboards are also popular among those looking for more performance-oriented designs.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 1.6 billion |
Market size value in 2032 | USD 3.77 billion |
Growth Rate | 10.0% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Stand-up Paddle Board Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Stand-up Paddle Board Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Stand-up Paddle Board Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Stand-up Paddle Board Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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