Asia-Pacific Stand-Up Paddleboard Market, By Product (Solid SUP Boards and Inflatable SUP Boards), Weight (56kg-68kg ,68kg-79kg, 79kg-91kg, 91kg-102kg, 22kg-56kg, 102kg-113kg, 113kg-125kg and Above 125kg), Length (9.1-12.0 feet, <9 feet, and >12 feet), Price (Medium, Low And Premium), Material (PVC, EPOXY, Fiber Glass And Others), Application (All-Round, Fkat-Water Or Touring, Surfing, Race, Yoga and Others), Buyer (Men, Women and Kids), and Distribution Channel (Online, Third Party Online, Franchised Sport Outlet, Retail Sports Outlet, Modern Trade Channel, Specialty Store and Independent Sports Outlets) Industry Trends and Forecast to 2030.
Asia-Pacific Stand-Up Paddleboard Market Analysis and Insights
Stand-up paddleboard is also known as SUP, which is a popular sport activity that, involves standing up on a board and using a paddle to make the way through the water. This sport requires usage of arms while standing or kneeling to propel the board forward. Thus, market includes variety of boards, which are classified based on weight, material, length, product, application and price. Moreover, SUP boards look like surfboards but the design for the usage of the boards are different. These boards are completely used with paddles. The user has options to use the boards for different purposes such as yoga, race, touring and even for surfing.
Increase in the number of soft adventure sports participation has propositional impact on the growth and adoption of stand-up paddleboards, as in recent stand-up paddleboards are widely used in water sports and yoga. Data Bridge Market Research analyses that Asia-Pacific Stand-Up Paddleboard Market will grow at a CAGR of 5.6% during the forecast period of 2023 to 2030.
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2020-2016)
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Quantitative Units
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Revenue in USD Thousand, Volumes in Units, Pricing in USD
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Segments Covered
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By Product (Solid SUP Boards and Inflatable SUP Boards), Weight (56kg-68kg ,68kg-79kg, 79kg-91kg, 91kg-102kg, 22kg-56kg, 102kg-113kg, 113kg-125kg and Above 125kg), Length (9.1-12.0 feet, <9 feet, and >12 feet), Price (Medium, Low And Premium), Material (PVC, EPOXY, Fiber Glass And Others), Application (All-Round, Fkat-Water Or Touring, Surfing, Race, Yoga and Others), Buyer (Men, Women and Kids), and Distribution Channel (Online, Third Party Online, Franchised Sport Outlet, Retail Sports Outlet, Modern Trade Channel, Specialty Store and Independent Sports Outlets).
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Countries Covered
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China, Japan, South Korea, India, Australia & New Zealand, Thailand, Indonesia, Malaysia, Philippines, Singapore, Rest of Asia-Pacific.
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Market Players Covered
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Aqua-Leisure Recreation, LLC, Tahe Outdoors, BOARDWORKS, Cascadia Board Co, Starboard, SUP ATX LLC, SURFTECH, LLC, Sea Eagle Boats, inc., Imagine Nation Sports, LLC, Naish International, Bluefin SUP, Goosehill, Atoll Board Company, C4 Waterman, NRS, YOLO Boards & Bikes, Mistral Watersport, Paddle Boards by iROCKERSUP, Wetiz by Zacki Surf & Sport, Sun Dolphin Boats, Red Paddle Co, LAIRDSTANDUP, Tower Paddle Boards, THURSO SURF, and Decathlon among others.
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Market Definition
Stand-up paddleboard is also known as SUP, a popular sport activity that involves standing up on a board and using a paddle to make the way through the water. This sport requires using arms while standing or kneeling to propel the board forward. Thus, the market includes a variety of boards, which are classified based on weight, material, length, product, application, and price.
Moreover, SUP boards look like surfboards, but the design for the usage of the boards is different. These boards are completely used with paddles. The user can use the boards for different purposes, such as yoga, racing, touring, and even surfing.
Asia-Pacific Stand-Up Paddleboard Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
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RAPID GROWTH IN SURFACE WATER SPORTS CHAMPIONSHIPS AND EVENTS
Water surface sports include a variety of sports such as rowing, sailing, water skiing, surfing, kayaking, rafting, and many others. These sports were not familiar in the last several decades. However, most such water surface sports have gained a prominent role among people's interest in sports, including surfing and stand-up paddleboard.
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INCREASE IN THE NUMBER OF ADVENTURE SPORTS PARTICIPATION
Adventure sports or extreme sports are usually classified into activities with a high level of danger. Such adventure sports can be competitive or non-competitive and often involve individual participants rather than teams. Moreover, water sports include surfing, stand-up paddleboards, rafting, kayaking, and many others.
Opportunity
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INCREASING RECOGNITION OF WATER SPORTS IN INTERNATIONAL SPORTS
Water sports across the globe are gaining popularity among people as most countries offer great opportunities for adventure lovers looking for a variety of experiences. However, one of the oldest water sports is rowing, which started in 1864. After several decades, in 1993, this sport was recognized by establishing the first national center for rowing in Snagov.
Restraint/Challenge
- LACK OF SKILLED AND EXPERIENCED PROFESSIONALS
The stand-up paddleboard is associated with various water sports, such as surfing and kayaking. These water sports are different and are formulated to perform different activities. These sports are to be trained before performing as these are referred to be adventure sports and are associated with life risks. Training in such life-risk sports requires professionals for training.
Covid-19 Impact on Asia-Pacific Stand-Up Paddleboard Market
The COVID-19 has negatively affected the market. As Asia-Pacific Stand-Up Paddleboard were on high demand companies such Decathlon, Starboard, BOARDWORKS, NRS, Tower Paddle Boards and others in Asia-Pacific face absolute difficulty in providing paddleboards for new customers and old customers due to shortage of raw materials, this was due to strict regulations were imposed by government. Moreover limited supply of raw materials and gadgets has significantly affected the supply of paddleboards in the market.
Recent Development
- In September 2021, Dotdash Media, Inc. supported SUP yoga. The company published a blog to enhance SUP yoga's principles and importance by reporting its positive impact on mental health, which can be used for lower back pain management.
Asia-Pacific Stand-Up Paddleboard Market Scope
The Asia-Pacific stand-up paddleboard market is segmented on the basis of by product, weight, length, price, material, application, buyer, and distribution channel. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Solid SUP Boards
- Inflatable SUP Boards
On the basis of product, Asia-Pacific stand-up paddleboard market is segmented into solid SUP boards and inflatable SUP boards.
Weight
- 56kg-68kg
- 68kg-79kg
- 79kg-91kg
- 91kg-102kg
- 22kg-56kg
- 102kg-113kg
- 113kg-125kg
- above 125kg
On the basis of weight, Asia-Pacific stand-up paddleboard market is segmented into 56kg-68kg ,68kg-79kg, 79kg-91kg, 91kg-102kg, 22kg-56kg, 102kg-113kg, 113kg-125kg and above 125kg.
Length
- 9.1-12.0 feet,
- <9 feet
- >12 feet
On the basis of length, Asia-Pacific stand-up paddleboard market is segmented into 9.1-12.0 feet, <9 feet and >12 feet.
Price
- Medium
- Low
- Premium
On the basis of price, Asia-Pacific stand-up paddleboard market is segmented into medium, low and premium.
Material
- PVC
- EPOXY
- Fiber Glass
- Others
On the basis of material, Asia-Pacific stand-up paddleboard market is segmented into PVC, EPOXY, fiber glass and others.
Application
- All-Round
- Flat-Water or Touring
- Surfing
- Race
- Yoga
- Others
On the basis of application, Asia-Pacific stand-up paddleboard market is segmented into all-round, flat-water or touring, surfing, race, yoga and others.
Buyer
- Men
- Women
- Kids
On the basis of buyer, Asia-Pacific stand-up paddleboard market is segmented into men, women and kids.
Distribution Channel
- Online
- Third Party Online
- Franchised Sport Outlet
- Retail Sports Outlet
- Modern Trade Channel
- Specialty Store
- Independent Sports Outlets
On the basis of distribution channel, Asia-Pacific stand-up paddleboard market is segmented into online, third party online, franchised sport outlet, retail sports outlet, modern trade channel, specialty store and independent sports outlets.
Asia-Pacific Stand-Up Paddleboard Market Regional Analysis/Insights
The Asia-Pacific stand-up paddleboard market is analysed and market size insights and trends are provided by country, product, weight, length, price, material, application, buyer, and distribution channel.
The countries covered in the Asia-Pacific stand-up paddleboard market report are China, Japan, South Korea, India, Australia & New Zealand, Thailand, Indonesia, Malaysia, Philippines, Singapore, and Rest of Asia-Pacific.
China dominates in the Asia-Pacific region due to the market due to rapid growth in surface water sports championships and events.
The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of Asia-Pacific brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Competitive Landscape and Asia-Pacific Stand-Up Paddleboard Market Share Analysis
Asia-Pacific stand-up paddleboard market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Asia-Pacific presence, production sites and facilities, production capacities, company strengths and weaknesses, solution launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Asia-Pacific stand-up paddleboard market.
Some of the major players operating in Asia-Pacific stand-up paddleboard market are Aqua-Leisure Recreation, LLC, Tahe Outdoors, BOARDWORKS, Cascadia Board Co, Starboard, SUP ATX LLC, SURFTECH, LLC, Sea Eagle Boats, inc., Imagine Nation Sports, LLC, Naish International, Bluefin SUP, Goosehill, Atoll Board Company, C4 Waterman, NRS, YOLO Boards & Bikes, Mistral Watersport, Paddle Boards by iROCKERSUP, Wetiz by Zacki Surf & Sport, Sun Dolphin Boats, Red Paddle Co, LAIRDSTANDUP, Tower Paddle Boards, THURSO SURF, and Decathlon among others.
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