LONDON--(BUSINESS WIRE)--Technavio has been monitoring the stand-up paddleboard market and it is poised to grow by USD 111 million during 2019-2023, progressing at a CAGR of 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Innovations in SUPs have been instrumental in driving the growth of the market. However, competition from low-cost vendors might hamper market growth. Request a free sample report
Stand-up Paddleboard Market 2019-2023: Segmentation
- Hard Boards
- Sports Goods Retailers
- Department Stores
- Online Retailers
- North America
- South America
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Stand-up Paddleboard Market 2019-2023: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our stand-up paddleboard market report covers the following areas:
- Stand-up Paddleboard Market Size
- Stand-up Paddleboard Market Trends
- Stand-up Paddleboard Market Industry Analysis
This study identifies growing use of SUPs for yoga and other leisure activities as one of the prime reasons driving the stand-up paddleboard market growth during the next few years.
Stand-up Paddleboard Market 2019-2023: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the stand-up paddleboard market, including some of the vendors such as BIC Sport, Naish International, Red Paddle Co., Starboard, SUP ATX LLC and Tower. Backed with competitive intelligence and benchmarking, our research reports on the stand-up paddleboard market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Stand-up Paddleboard Market 2019-2023: Key Highlights
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will assist stand-up paddleboard market growth during the next five years
- Estimation of the stand-up paddleboard market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the stand-up paddleboard market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of stand-up paddleboard market vendors
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.