Middle East & Africa Skateboard Market Size & Outlook
Middle East & Africa skateboard market, 2018-2030 (US$M)
Related Markets
MEA skateboard market highlights
- The MEA skateboard market generated a revenue of USD 199.3 million in 2023.
- The market is expected to grow at a CAGR of 1.7% from 2024 to 2030.
- In terms of segment, street board was the largest revenue generating product in 2023.
- Electric Board is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 199.3 million |
| Market revenue in 2030 | USD 224.3 million |
| Growth rate | 1.7% (CAGR from 2023 to 2030) |
| Largest segment | Street board |
| Fastest growing segment | Electric Board |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Street Board, Cruiser Board, Long Board, Electric Board, Others (Classic, Roll Away, Old School) |
| Key market players worldwide | Boardriders, Skate One, Absolute Board Co, Alien Workshop, Razor, Almost Skateboards |
Other key industry trends
- In terms of revenue, MEA region accounted for 5.9% of the global skateboard market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 882.1 million by 2030.
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Skateboard Market Scope
Skateboard Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa skateboard market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to skateboard market will help companies and investors design strategic landscapes.
Street board was the largest segment with a revenue share of 48.22% in 2023. Horizon Databook has segmented the Middle East & Africa skateboard market based on street board, cruiser board, long board, electric board, others (classic, roll away, old school) covering the revenue growth of each sub-segment from 2018 to 2030.
Developments in countries such as Uganda, Kenya, Rwanda, Ethiopia, and Tanzania have resulted in rising popularity of the skateboarding culture in East Africa. Also, local initiatives are largely supported by international skateboarding community and organizations.
For instance, a number of initiatives and startups such as Sidekick Magazine, the Wanderer Skate shop and Nairobi´s first Extreme Sports School are successfully dwelling in income generation as well as future job and business opportunities for skaters in the region.
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Target buyers of Middle East & Africa skateboard market databook
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Our clientele includes a mix of skateboard market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa skateboard market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa skateboard market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA skateboard market size, by country, 2018-2030 (US$M)
Middle East & Africa Skateboard Market Outlook Share, 2023 & 2030 (US$M)
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