The global street skateboards accessory market size is anticipated to reach USD 275.2 million by 2027, expanding at a CAGR of 3.3%. Growing adoption of outdoor sports activities as a fit and healthy lifestyle has raised the scope of the skateboard as a sport, which is supporting the growth of the market. In addition, owing to the sleek design and wide variety of products available, an increasing number of college students are picking up the sport, thereby boosting the application of skateboard footwear as well as apparel.
Increasing inclination of consumers, particularly teenagers, toward funky and attractive graphics displayed on the decks, has increased their interest in skateboarding. As a result, companies are taking constant efforts and strategize in order to gain popularity among consumers and increase their share in the market through innovation. For instance, in 2016, at the Paris Fashion Week, Dior launched its winter collection on a neon-colored skateboard catwalk ramp. In addition, several fashion designers and retailers use skateboard iconography. For instance, Santa Cruz Skateboards designer Jim Phillips earned a renowned status in the California market.
Among the various skateboards available, longboards witness maximum modifications and developments. For instance, Edgetrak, a military-grade tracking technologies designer and manufacturer, in collaboration with performance board producer Wefunk, offered the first telemetry-enabled racing prototype longboard called Mach 1, which is the world’s first deck with built-in telemetrics. The longboard has been designed with seven layers of Formula One grade carbon fiber with an Airex and Ash core. The product offers unmatched rigidity owing to the center channel with carbon fiber inlay. Thus, significant technical developments in the product category have resulted in the rising adoption of the product, thereby incurring strong growth prospects.
In terms of product, decks held a dominant position in the market in 2019. An increasing number of major international competitions such as Street League Skateboarding, World Cup Skateboarding, and World Skate Oceania Street Championship, which include a street skateboarding event, is foreseen to create an optimistic outlook for the demand for street skateboard decks over the forecast period.
The direct selling segment dominated the market and accounted for a revenue-based share of 82.3% in 2019. An increasing number of street skateboard accessories companies have also started selling skateboard decks, apparel, and shoes through their own websites or listing products on third-party e-commerce sites. This not only helps companies establish a good relationship with customers by offering them doorstep deliveries but also improves the sellers’ profitability margin.
The offline channel segment dominated the market and accounted for a revenue-based share of 76.2% in 2019. Skate shops and sporting goods stores have become a symbol of genuine products, which is foreseen to drive the sales of various street skateboard accessories. In addition, on-demand customization provided by skate shops for decks, wheels, and trucks is foreseen to drive segment growth in the coming years.
North America dominated the market with a revenue-based share of 46.4% in 2019. The proliferation of streetwear across high streets in North America has been pronounced, with many brands enjoying almost cult-like followings. The percentage of skateboarders who prefer the streets the most has been rising significantly, which is likely to present strong growth opportunities for skateboard decks over the forecast period.
Increasing inclination of consumers, particularly teenagers, toward funky and attractive graphics displayed on the decks, has increased their interest in skateboarding. As a result, companies are taking constant efforts and strategize in order to gain popularity among consumers and increase their share in the market through innovation. For instance, in 2016, at the Paris Fashion Week, Dior launched its winter collection on a neon-colored skateboard catwalk ramp. In addition, several fashion designers and retailers use skateboard iconography. For instance, Santa Cruz Skateboards designer Jim Phillips earned a renowned status in the California market.
Among the various skateboards available, longboards witness maximum modifications and developments. For instance, Edgetrak, a military-grade tracking technologies designer and manufacturer, in collaboration with performance board producer Wefunk, offered the first telemetry-enabled racing prototype longboard called Mach 1, which is the world’s first deck with built-in telemetrics. The longboard has been designed with seven layers of Formula One grade carbon fiber with an Airex and Ash core. The product offers unmatched rigidity owing to the center channel with carbon fiber inlay. Thus, significant technical developments in the product category have resulted in the rising adoption of the product, thereby incurring strong growth prospects.
In terms of product, decks held a dominant position in the market in 2019. An increasing number of major international competitions such as Street League Skateboarding, World Cup Skateboarding, and World Skate Oceania Street Championship, which include a street skateboarding event, is foreseen to create an optimistic outlook for the demand for street skateboard decks over the forecast period.
The direct selling segment dominated the market and accounted for a revenue-based share of 82.3% in 2019. An increasing number of street skateboard accessories companies have also started selling skateboard decks, apparel, and shoes through their own websites or listing products on third-party e-commerce sites. This not only helps companies establish a good relationship with customers by offering them doorstep deliveries but also improves the sellers’ profitability margin.
The offline channel segment dominated the market and accounted for a revenue-based share of 76.2% in 2019. Skate shops and sporting goods stores have become a symbol of genuine products, which is foreseen to drive the sales of various street skateboard accessories. In addition, on-demand customization provided by skate shops for decks, wheels, and trucks is foreseen to drive segment growth in the coming years.
North America dominated the market with a revenue-based share of 46.4% in 2019. The proliferation of streetwear across high streets in North America has been pronounced, with many brands enjoying almost cult-like followings. The percentage of skateboarders who prefer the streets the most has been rising significantly, which is likely to present strong growth opportunities for skateboard decks over the forecast period.
Street Skateboards Accessory Market Report Highlights
- The deck product segment is expected to reach USD 155.0 million by 2027, growing at a CAGR of 3.8% from 2020 to 2027
- The fundraising sales segment was valued at USD 37.7 million in 2019 and is expected to reach USD 51.7 million by 2027
- Asia Pacific is expected to witness substantial growth over the forecast period with a revenue-based CAGR of 5.1% from 2020 to 2027
- Top players operating in the market are Element Skateboards, Nike, Inc, Adidas AG, Skate One, Santa Cruz Skateboards, Sector 9, Zero Skateboards, Almost Skateboards, Absolute Board Co. and Plan B Skateboards.
Table of Contents
Chapter 1. Methodology and Scope1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Street Skateboard Accessories Market Variables, Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Sales/Retail Channel Analysis
3.3.2. Profit Margin Analysis
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Industry Challenges
3.4.4. Industry Opportunities
3.5. Business Environment Analysis
3.5.1. Industry Analysis - Porter’s
3.5.1.1. Supplier Power
3.5.1.2. Buyer Power
3.5.1.3. Substitution Threat
3.5.1.4. Threat from New Entrant
3.5.1.5. Competitive Rivalry
3.6. Roadmap of Street Skateboard Accessories Market
3.7. Market Entry Strategies
Chapter 4. Consumer Behaviour Analysis
4.1. Consumer Trends and Preferences
4.2. Factors Affecting Buying Decision
4.3. Consumer Product Adoption
4.4. Observations & Recommendations
Chapter 5. Street Skateboard Accessories Market: Product Estimates & Trend Analysis
5.1. Product Movement Analysis & Market Share, 2019 & 2027
5.2. Decks
5.2.1. Market estimates and forecast, 2016 - 2027 (USD Million)
5.3. Apparel
5.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
5.4. Shoes
5.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
Chapter 6. Street Skateboard Accessories Market: Process Estimates & Trend Analysis
6.1. Process Movement Analysis & Market Share, 2019 & 2027
6.2. Fund-raising Sales
6.2.1. Market estimates and forecast, 2016 - 2027 (USD Million)
6.3. Direct Selling
6.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
Chapter 7. Street Skateboard Accessories Market: Distribution Channel Estimates & Trend Analysis
7.1. Distribution Channel Movement Analysis & Market Share, 2019 & 2027
7.2. Offline
7.2.1. Market estimates and forecast, 2016 - 2027 (USD Million)
7.3. Online
7.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
Chapter 8. Street Skateboard Accessories Market: Regional Estimates & Trend Analysis
8.1. Regional Movement Analysis & Market Share, 2019 & 2027
8.2. North America
8.2.1. Market estimates and forecast, 2016 - 2027 (USD Million)
8.2.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
8.2.3. Market estimates and forecast, by process, 2016 - 2027 (USD Million)
8.2.4. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
8.2.5. U.S.
8.2.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
8.2.5.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
8.2.5.3. Market estimates and forecast, by process, 2016 - 2027 (USD Million)
8.2.5.4. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
8.3. Europe
8.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
8.3.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
8.3.3. Market estimates and forecast, by process, 2016 - 2027 (USD Million)
8.3.4. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
8.3.5. Germany
8.3.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
8.3.5.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
8.3.5.3. Market estimates and forecast, by process, 2016 - 2027 (USD Million)
8.3.5.4. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
8.3.6. U.K
8.3.6.1. Market estimates and forecast, 2016 - 2027 (USD Million)
8.3.6.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
8.3.6.3. Market estimates and forecast, by process, 2016 - 2027 (USD Million)
8.3.6.4. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
8.4. Asia Pacific
8.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
8.4.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
8.4.3. Market estimates and forecast, by process, 2016 - 2027 (USD Million)
8.4.4. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
8.4.5. Japan
8.4.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
8.4.5.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
8.4.5.3. Market estimates and forecast, by process, 2016 - 2027 (USD Million)
8.4.5.4. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
8.4.6. China
8.4.6.1. Market estimates and forecast, 2016 - 2027 (USD Million)
8.4.6.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
8.4.6.3. Market estimates and forecast, by process, 2016 - 2027 (USD Million)
8.4.6.4. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
8.5. Central & South America
8.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
8.5.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
8.5.3. Market estimates and forecast, by process, 2016 - 2027 (USD Million)
8.5.4. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
8.5.5. Brazil
8.5.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
8.5.5.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
8.5.5.3. Market estimates and forecast, by process, 2016 - 2027 (USD Million)
8.5.5.4. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
8.6. Middle East & Africa
8.6.1. Market estimates and forecast, 2016 - 2027 (USD Million)
8.6.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
8.6.3. Market estimates and forecast, by process, 2016 - 2027 (USD Million)
8.6.4. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
8.6.5. UAE
8.6.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
8.6.5.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
8.6.5.3. Market estimates and forecast, by process, 2016 - 2027 (USD Million)
8.6.5.4. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
Chapter 9. Competitive Analysis
9.1. Key global players, recent developments & their impact on the industry
9.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
9.3. Vendor Landscape
9.3.1. Key company market share analysis, 2019
Chapter 10. Company Profiles
10.1. Element Skateboards
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Product Benchmarking
10.1.4. Strategic Initiatives
10.2. Nike, Inc.
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Product Benchmarking
10.2.4. Strategic Initiatives
10.3. Adidas AG
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Product Benchmarking
10.3.4. Strategic Initiatives
10.4. Skate One
10.4.1. Company Overview
10.4.2. Financial Performance
10.4.3. Product Benchmarking
10.4.4. Strategic Initiatives
10.5. Santa Cruz Skateboards
10.5.1. Company Overview
10.5.2. Financial Performance
10.5.3. Product Benchmarking
10.5.4. Strategic Initiatives
10.6. Sector 9
10.6.1. Company Overview
10.6.2. Financial Performance
10.6.3. Product Benchmarking
10.6.4. Strategic Initiatives
10.7. Zero Skateboards
10.7.1. Company Overview
10.7.2. Financial Performance
10.7.3. Product Benchmarking
10.7.4. Strategic Initiatives
10.8. Almost Skateboards
10.8.1. Company Overview
10.8.2. Financial Performance
10.8.3. Product Benchmarking
10.8.4. Strategic Initiatives
10.9. Absolute Board Co.
10.9.1. Company Overview
10.9.2. Financial Performance
10.9.3. Product Benchmarking
10.9.4. Strategic Initiatives
10.10. Plan B Skateboards
10.10.1. Company Overview
10.10.2. Financial Performance
10.10.3. Product Benchmarking
10.10.4. Strategic Initiatives
List of Tables
1. Street skateboard accessories - Key market driver analysis
2. Street skateboard accessories - Key market restraint analysis
3. Global deck product market estimates and forecast, 2016 - 2027 (USD Million)
4. Global apparel product market estimates and forecast, 2016 - 2027 (USD Million)
5. Global shoes product market estimates and forecast, 2016 - 2027 (USD Million)
6. Global other street skateboard accessories market estimates and forecast, 2016 - 2027 (USD Million)
7. Global street skateboard accessories market estimates and forecast, by the fundraising sales process, 2016 - 2027 (USD Million)
8. Global street skateboard accessories market estimates and forecast, by direct selling process, 2016 - 2027 (USD Million)
9. Global street skateboard accessories market estimates and forecast, by offline distribution channel, 2016 - 2027 (USD Million)
10. Global street skateboard accessories market estimates and forecast, by online distribution channel, 2016 - 2027 (USD Million)
11. North America street skateboard accessories market estimates and forecast, 2016 - 2027 (USD Million)
12. North America street skateboard accessories market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
13. North America street skateboard accessories market revenue estimates and forecast by process, 2016 - 2027 (USD Million)
14. North America street skateboard accessories market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
15. U.S. street skateboard accessories market estimates and forecast, 2016 - 2027 (USD Million)
16. U.S. street skateboard accessories market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
17. U.S. street skateboard accessories market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
18. U.S. street skateboard accessories market revenue estimates and forecast by process, 2016 - 2027 (USD Million)
19. Europe street skateboard accessories market estimates and forecast, 2016 - 2027 (USD Million)
20. Europe street skateboard accessories market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
21. Europe street skateboard accessories market revenue estimates and forecast by process, 2016 - 2027 (USD Million)
22. Europe street skateboard accessories market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
23. Germany street skateboard accessories market estimates and forecast, 2016 - 2027 (USD Million)
24. Germany street skateboard accessories market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
25. Germany street skateboard accessories market revenue estimates and forecast by process, 2016 - 2027 (USD Million)
26. Germany street skateboard accessories market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
27. U.K. street skateboard accessories market estimates and forecast, 2016 - 2027 (USD Million)
28. U.K. street skateboard accessories market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
29. U.K. street skateboard accessories market revenue estimates and forecast by process, 2016 - 2027 (USD Million)
30. U.K. street skateboard accessories market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
31. Asia Pacific street skateboard accessories market estimates and forecast, 2016 - 2027 (USD Million)
32. Asia Pacific street skateboard accessories market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
33. Asia Pacific street skateboard accessories market revenue estimates and forecast by process, 2016 - 2027 (USD Million)
34. Asia Pacific street skateboard accessories market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
35. Japan street skateboard accessories market estimates and forecast, 2016 - 2027 (USD Million)
36. Japan street skateboard accessories market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
37. Japan street skateboard accessories market revenue estimates and forecast by process, 2016 - 2027 (USD Million)
38. Japan street skateboard accessories market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
39. China street skateboard accessories market estimates and forecast, 2016 - 2027 (USD Million)
40. China street skateboard accessories market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
41. China street skateboard accessories market revenue estimates and forecast by process, 2016 - 2027 (USD Million)
42. China street skateboard accessories market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
43. Central & South America street skateboard accessories market estimates and forecast, 2016 - 2027 (USD Million)
44. Central & South America street skateboard accessories market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
45. Central & South America street skateboard accessories market revenue estimates and forecast by process, 2016 - 2027 (USD Million)
46. Central & South America street skateboard accessories market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
47. Brazil street skateboard accessories market estimates and forecast, 2016 - 2027 (USD Million)
48. Brazil street skateboard accessories market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
49. Brazil street skateboard accessories market revenue estimates and forecast by process, 2016 - 2027 (USD Million)
50. Brazil street skateboard accessories market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
51. Middle East & Africa street skateboard accessories market estimates and forecast, 2016 - 2027 (USD Million)
52. Middle East & Africa street skateboard accessories market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
53. Middle East & Africa street skateboard accessories market revenue estimates and forecast by process, 2016 - 2027 (USD Million)
54. Middle East & Africa street skateboard accessories market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
55. UAE street skateboard accessories market estimates and forecast, 2016 - 2027 (USD Million)
56. UAE street skateboard accessories market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
57. UAE street skateboard accessories market revenue estimates and forecast by process, 2016 - 2027 (USD Million)
58. UAE street skateboard accessories market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
59. Vendor landscape
List of Figures
1. Street Skateboard Accessories market snapshot
2. Street Skateboard Accessories market segmentation & scope
3. Street Skateboard Accessories market penetration & growth prospect mapping
4. Street Skateboard Accessories value chain analysis
5. Street Skateboard Accessories market dynamics
6. Street Skateboard Accessories market: Porter's analysis
7. Street Skateboard Accessories market: Product movement analysis
8. Street Skateboard Accessories market: Process movement analysis
9. Street Skateboard Accessories market: Distribution Channel movement analysis
10. Street Skateboard Accessories market: Regional movement analysis
Companies Mentioned
- Element Skateboards
- Nike, Inc.
- Adidas AG
- Skate One
- Santa Cruz Skateboards
- Sector 9
- Zero Skateboards
- Almost Skateboards
- Absolute Board Co.
- Plan B Skateboards
Methodology
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