A stand-up paddleboard is a surfboard-like device, considerably thicker and longer as compared to a standard surfboard. In the stand-up paddleboard, the operator stands upright and propels the board with the help of a long paddle. These paddleboards are usually use at surf, offshore, and on flat water lakes and rivers. Demand for stand-up paddleboard has increased due to increase in recreational activities. This in turn is expected to drive sales in the global stand-up paddleboard market
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Stand-up Paddleboard Market – Competitive Landscape
SUP ATX LLC
SUP ATX is known for stand-up paddle surfing in lakes, rivers, and surfing areas. The company was founded in 2008 by Nick Matzorkis and is headquartered in Malibu, California, United States. The company manufactures and promotes paddle boards and paddles.
Naish International was founded in 1979 by Robby Naish and is headquartered in California, United States. The company offers various products such as SUP boards, paddles, and wing surfer and accessories. Under SUP boards, the company offers products such as Foilboards, All-Around, Touring, Race, Surf, and Inflatables.
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Hobie Cat Company
Hobie Cat Company was founded in 1950 by Hobart “Hobie” Alter and is headquartered in Dana Point, California, United States. The company manufactures and promotes kayaks, fishing, pedal boards, sails, SUP (Stand-up Paddleboard), surf and gear. Under the SUP segment, the company promotes SUPs for recreational, inflatable, racing, touring, and surfing.
Rave Sports Inc.
Rave Sports Inc. was founded in September 1996. The company is headquartered in Saint Paul, Minnesota, United States. The company manufactures and markets water trampolines, paddle boards, tubes, water sports and winter sports products. Under the paddle boards segment, the company supplies products such as paddle boards, paddles, inflatable and kayaks.
Other key players operating in the stand-up paddleboard market are Sun Dolphin Boats, Red Paddle Co., Laird Stand Up, Sea Eagle Boats, Inc., Clear Blue Hawaii Corp., Slingshot Sports, LLC, F-ONE, Northwest River Supplies Inc., Coreban, EXOCET- ORIGINAL, Rave Sports Inc., BIC Sport Stand Up Paddle, C4 Waterman, Tower Paddle Boards, and Boardworks Surf & SUP
Stand-up Paddleboard Market – Dynamics
Growth in tourism and change in lifestyle due to increase in disposable income
Demand for stand-up paddleboards has increased due to growth in the tourism industry. Consumers frequently go on vacation, for adventurous trips, hiking, etc. Manufacturers are developing and innovating the product to make it more lightweight and better. Adoption of innovative technologies and use of novel materials in the paddleboard by manufacturers is expected to increase its demand during the forecast period.
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