Global Stand-up Paddle Board Market

Global Stand-up Paddle Board Market Size, Share, Growth Analysis, By Product(All-Round, Flatwater), By Material(PVC, Epoxy), By Board Type(Solid, Inflatable SUP Board), By Sales Channel(Offline, Online) - Industry Forecast 2024-2031


Report ID: SQSG30L2019 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 117 | Figures: 77

Global Stand-up Paddle Board Market Insights

Stand-up Paddle Board Market size was valued at USD 1.44 billion in 2019 and is poised to grow from USD 1.52 billion in 2023 to USD 2.39 billion by 2031, growing at a CAGR of 9.6% in the forecast period (2024-2031).

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.

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Stand-up Paddle Board Market size was valued at USD 1.44 billion in 2019 and is poised to grow from USD 1.52 billion in 2023 to USD 2.39 billion by 2031, growing at a CAGR of 9.6% in the forecast period (2024-2031).

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. 'Naish International', 'Red Paddle Co', 'BIC Sport', 'Starboard', 'Mistral', 'SIC Maui', 'JP Australia', 'Imagine Surf', 'Fanatic', 'RRD Roberto Ricci Designs', 'NSP', 'Aqua Marina', 'Slingshot Sports', 'F-one', 'Sunova', 'Body Glove', 'Jobe Sports', 'Oxbow', 'Aztron', 'GONGSUP'

SUP is growing widely owing to its popularity and preference as a recreation sport. Various fitness institutions have also introduced SUPs as a popular choice for fitness amateurs.

Growing popularity: Popularity of stand-up paddle board market continues to grow exponentially. This is due in large part to the fact that it is a relatively new sport, and people are just now discovering its many benefits. Yoga and paddle boarding are becoming increasingly popular among women, as they offer a great way to relax and get fit at the same time.

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.

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Global Stand-up Paddle Board Market

Product ID: SQSG30L2019

$5,300
BUY NOW GET FREE SAMPLE