Skateboard Market Size, Share & COVID-19 Impact Analysis, By Product Type (Classic, Longboard, Speed Board, Cruiser, and Others), By End-Users (Kids, Teenagers, and Adults), By Distribution Channel (Hypermarkets, Specialty Stores, and Online Channel), and Regional Forecast, 2024-2032

A skateboard is an equipment with wheels designed for coasting and executing athletic activities. The growing awareness regarding various health advantages of skateboarding, such as flexibility, full body workout, calorie decline, and improved coordination, boost the skateboard demand worldwide.

The increasing popularity of recreational sports activities across countries worldwide fuels the demand for skateboards. Furthermore, skateboarding is a favored sport, notably among youth, as it is considered an entertaining way of exercising. Moreover, the increasing development of sports infrastructures, including skate parks, supports market expansion. For instance, in October 2023, a new 10,700 sq. ft. skate park was launched at Guppey Park, Dover, U.S., by Pillar Design Studios, an Arizona, U.S.-based architectural firm. Key industry players such as Woodchuck Laminates, HLC Skateboard Factory, WOODSEN, CHAPMAN SKATEBOARDS, and CONTROL SKATEBOARDS INC emphasize offering a wide range of skateboards in various sizes, designs, and features, favoring market expansion.

Impact of the COVID-19 Pandemic on the Global Skateboard Market

The COVID-19 pandemic has significantly affected the growth of the global skateboard market. The temporary closure of commercial spaces, including skate parks, notably in 2020, due to the imposition of lockdowns across countries worldwide led to a considerable decline in the demand for skateboards. A sizable number of individuals also prioritized essential commodities such as food and medicines more than sports equipment, which further reduces product sales. In addition, the novel pandemic posed challenges for several manufacturers due to raw material shortages, supply chain disruptions, and the closure of production units, which significantly hampered the global market growth.

Segmentation

Analysis by Product Type

Based on product, the global skateboard market is categorized into classic, longboard, speed board, cruiser, and others. The classic skateboard segment is expected to hold the leading position in the global market in the coming years due to its easy availability, cost-efficiency, and low maintenance. Classic skateboards also have minimal mechanical components and uncomplicated features, which makes them user-friendly. These factors boost the demand for classic skateboards and increase segmental growth.

Analysis by End-Users

Based on end-users, the market is segmented into kids, teenagers, and adults. The teenagers segment, including individuals between 13 and 19 years of age, is projected to dominate the global market in the near term. The rising teenager's interest in simple, cost-efficient, and entertaining sports activities such as skateboarding supports segmental growth. Moreover, the increasing popularity of skateboarding through social media platforms increases the teenager interest in skateboards. 

Analysis by Distribution Channel

Based on distribution channel, the global market is divided into hypermarkets, specialty stores, and online channels. The specialty stores segment is anticipated to hold a substantial market share in 2022, primarily due to the availability of exclusive discounts, promotional offers, and a diverse product range in these retail outlets. Numerous specialty stores also provide a comprehensive portfolio of local and international brands under one roof. Furthermore, they provide valuable support and information regarding different skateboards to consumers through knowledgeable staff, which increases purchases through these retail formats.

Key Insights

The report covers the following key insights:

• Parent/Related Market Overview


• Skateboard Market SWOT Analysis


• Supply Chain Analysis


• Impact of COVID-19 on the Global Skateboard Market


• Recent Industry Developments – Mergers & Acquisitions, Partnerships & Expansion Initiatives, Product Innovation, and Joint Ventures

Regional Analysis

Geographically, the global market is segmented into North America, Europe, Asia Pacific, South America, and the Middle East & Africa. North America is likely to lead the market in the forthcoming years due to the presence of major industry participants such as Smooth Operators LLC, Watson Laminates, Boardriders, Absolute Board Co, CHAPMAN SKATEBOARDS, and Woodchuck Laminates across the region. These players offer skateboards through various distribution channels and ensure product availability.

Europe is also a prominent market for skateboards driven by the increasing popularity of recreational sports activities, notably among youth across countries such as Germany, France, Spain, and the U.K. Moreover, the presence of numerous skate parks across the region fuels product adoption and boosts the market growth in Europe.

Key Players Covered

The report features the profiles of major industry players, including Woodchuck Laminates, HLC Skateboard Factory, CHAPMAN SKATEBOARDS, CONTROL SKATEBOARDS INC., FREESPORT CORP., Smooth Operators LLC, Watson Laminates, Boardriders, Absolute Board Co., Krown Skateboards, Zero Skateboards, and Almost Skateboards.

Key Industry Developments

• September 2023: Samsung U.K. & Ireland, a home electronics company, collaborated with Skateboard G.B., a U.K.-based skateboarding governing body. The move was aimed at encouraging youth across the country to participate in skateboarding through initiatives such as the provision of coaching opportunities, supporting community skate parks, and financing athletes.


• June 2023: HLC Skateboard Factory, a San Seban, Spain-based skateboard manufacturer, expanded its footprint in the U.S. market by acquiring AEND Industries, a California, U.S.-based skateboard manufacturer.