Asia Pacific Street Skateboards Accessories Market Size & Outlook
Asia Pacific street skateboards accessories market, 2016-2027 (US$M)
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Asia Pacific street skateboards accessories market highlights
- The Asia Pacific street skateboards accessories market generated a revenue of USD 34.8 million in 2019.
- The market is expected to grow at a CAGR of 5.1% from 2020 to 2027.
- In terms of segment, decks was the largest revenue generating product in 2019.
- Decks is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2020 to 2027.
Asia Pacific data book summary
| Market revenue in 2019 | USD 34.8 million |
| Market revenue in 2027 | USD 51.8 million |
| Growth rate | 5.1% (CAGR from 2019 to 2027) |
| Largest segment | Decks |
| Fastest growing segment | Decks |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Decks, Apparel, Shoes |
| Key market players worldwide | Element Solutions Inc, Nike Inc Class B, Adidas AG, Sector 9, Skate One, Almost Skateboards, Absolute Board Co |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 16.4% of the global street skateboards accessories market in 2019.
- Globally, North America is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 51.8 million by 2027.
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Street Skateboards Accessories Market Scope
Street Skateboards Accessories Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific street skateboards accessories 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 street skateboards accessories market will help companies and investors design strategic landscapes.
Decks was the largest segment with a revenue share of 62.36% in 2019. Horizon Databook has segmented the Asia Pacific street skateboards accessories market based on decks, apparel, shoes covering the revenue growth of each sub-segment from 2016 to 2027.
Increasing awareness regarding skateboarding as a result of different competitions and contests being held at country and regional levels has been motivating kids and adults to engage in the sport. For instance, the inclusion of skateboarding at the Tokyo Summer Olympics has provided a boost to professional and amateur skateboarders.
The Games, which were to be held in 2020, have been rescheduled to July 2021 amidst the global coronavirus pandemic. The Skate Philippines Summer Championship, the 31st Annual Skate Japan, and Skate Malaysia were some of the top competitions held in 2019.
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Target buyers of Asia Pacific street skateboards accessories market databook
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Our clientele includes a mix of street skateboards accessories 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 Asia Pacific street skateboards accessories market, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific street skateboards accessories market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Asia Pacific street skateboards accessories market size, by country, 2016-2027 (US$M)
Asia Pacific Street Skateboards Accessories Market Share, 2019 & 2027 (US$M)
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