Paddle board market growth - SUP Industry Prospect Analysis
Table of contents
1. Why are stand up paddle boards so popular
2. How big is the paddle board industry
3. What is the best paddle boards in 2022
4. Where are most paddle boards made
5. What is the average cost of a paddle board
SUP Industry Prospect Analysis 2022 To 2035
Why are stand up paddle boards so popular?
- Stand up paddle boarding is easy to learn.
Whatever your age, gender or experience, just give it a go .After only a short simple tuition you can be up standing and loving it.
- Ideal for All Athletic Types
The great thing about it is that there are so many different things you can do for fun that you can't on other crafts. From fishing to fitness, there is such a variety of exciting activities to enjoy whilst on the water. Stand up paddle boarding is so versatile, diverse and a great alternative to white water rafting, kayaking or canoeing.
- No need to paddling in high surf areas
Stand-up paddle surfing allows you to get out on the water anytime. You don’t have to schedule your activity around high and low tides. Surfing has long been a popular sport in areas with big waves, but stand-up surfing allows the rest of us who do not live in high surf areas to enjoy paddle boarding as well. We can now take our boards down rivers, across lakes, or touring in ocean bays.
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A relaxing activity for the mind
Nothing can compare to the serenity of being out on the open water. The combination of being surrounded by nature alongside gentle exercise is perfect for escaping all the stresses associated with modern life. There is something to be said of finding solace in the simplicity of repetition.
You are immersed in the great outdoors while doing SUP, which is great benefit for boosting feel-good hormones. Since many people enjoy the company of others, going on a SUP outing with other people is good for improving mood as well.
How big is the paddle board industry?
According to the latest report by technavio. The global stand up paddle board market is estimated at USD 1.5 Billion in 2022 and is forecast to surpass USD 1.8 Billion by 2025, growing at a CAGR of 6% during 2022-2025.
The global stand up paddle board market is poised to create absolute opportunity of nearly USD 2.2 Billion during the forecast period. Countries like U.S, Germany, France, UK and Spain are among the prominent regions contributing to the growth of the market.
Meanwhile, the stand-up paddle boarding is gaining popularity in emerging countries such as China, India, and Thailand, including other countries across Asia and South America.
With increasing end user base for this sports at international level along with presence of various organizations organizing sports events，this is predicted to enhance the demand for SUPs and related equipment. Under the sales channel, franchised sports outlet are poised to have the largest growth by 2.6X during the forecast period of 2022-32.
According to the google trend, Topics about paddle board search volume Continued record highs since 2004.
Where are most paddle boards made?
At first glance you may think an inflatable looks like a pool toy, but the moment you stand on a quality inflatable sup you’ll instantly change your mind. Quality inflatable SUPs will be made with strong PVC material that is cross stitched for durability and maximum rigidity.
This is the same material that is used in inflatable rescue boats, and trusted by the U.S. military. Many boards are even made up of two layers of PVC, like Goosehill’s rainbow R series, which means more durable and slid. Single layer boards also have the added advantage of being lighter.
According to the report by Fact.MR. China almost produced 90% of inflatable paddle boards in the world. In comparison, our private facility is an extension of our global based team and focussed solely on producing Goosehill's boards.
We have spent years establishing the very best relationships whilst working and evolving our own expertise with some of the very best manufacturers and suppliers in the world.
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