Just three years ago, the skateboard industry was a $3.2 billion market. Now it is projected to reach $4.25 billion by 2030, according to one industry study.
North America is the largest regional market, accounting for a 41% share of global revenue in 2022, according to Grand View Research, a San Francisco-based company.
And teenagers represent the largest user segment, accounting for just over 38% of overall revenue, the market research and consulting company said.
“The increasing global popularity of skating as a sport is a key factor driving the upsurge in product demand across multiple countries,” Grand View Research says. “Apart from providing enjoyable experiences, skating also contributes to maintaining flexibility and achieving good physical fitness.”
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