Composite Stand-Up Paddle Boards Market size is estimated to be USD 1.01 Billion in 2024 and is expected to reach USD 2.45 Billion by 2033 at a CAGR of 10.4% from 2026 to 2033.
The global composite stand up paddle board market was valued at approximately USD 1.5 billion in 2022 and is projected to reach USD 2.5 billion by 2027, growing at a compound annual growth rate (CAGR) of 10.2% during the forecast period. This growth is driven by the increasing popularity of paddle boarding as a recreational activity and the development of innovative products. Regionally, the Asia Pacific market is anticipated to experience the fastest growth due to rising demand for water sports and an increasing number of paddle boarders. In Europe, countries like France and the United Kingdom have significant surfing populations, contributing to the demand for stand up paddle boards. France, for instance, is projected to reach a market value of around USD 210 million by 2023, with a CAGR of 9% over the forecast period. In North America, the United States is expected to maintain a steady growth rate, driven by increased participation in water sports and recreational activities. These regional trends present opportunities for manufacturers to expand their presence and cater to the growing demand for composite stand up paddle boards.
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SUP ATX
Airhead
BIC Sport
Boardworks
C4 Waterman
Clear Blue Hawaii
Coreban
EXOCET-ORIGINAL
Fanatic
F-one SUP
SUP ATX
JOBE
JP Australia
Laird StandUp
MB Paddles
Naish Surfing
NRS
O'Neill
Quickblade
Rave Sports Inc Red Paddle Co
Sea Eagle
SIC Maui
SlingShot
Starboard
Sun Dolphin
Tower Paddle Boards
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Composite Stand-Up Paddle Boards Market
Rigid Paddle Boards
Inflatable Paddle Boards
Hybrid Paddle Boards
Fiberglass
Carbon Fiber
Epoxy Resin
Recreational Users
Professional Athletes
Yoga Enthusiasts
Fishing Enthusiasts
Short Boards (Under 10 ft)
Medium Boards (10 ft to 12 ft)
Long Boards (Over 12 ft)
Budget (< $500)
Mid-Range ($500 - $1,000)
Premium (> $1,000)
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Composite Stand-Up Paddle Boards Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Composite Stand-Up Paddle Boards Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Composite Stand-Up Paddle Boards Market, By Type
6. Global Composite Stand-Up Paddle Boards Market, By Application
7. Global Composite Stand-Up Paddle Boards Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Composite Stand-Up Paddle Boards Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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