GITNUX MARKETDATA REPORT 2024

Stand Up Paddle Board Industry Statistics [Fresh Research]

Statistic 1

"The global stand-up paddleboard market is estimated to be worth $2.6 billion in 2023."

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Statistic 2

"In 2017, North America’s stand-up paddleboard market was valued at $492 million."

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Statistic 3

"The global stand-up paddleboard market is projected to grow at a CAGR of approximately 7% between 2021 and 2026."

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Statistic 4

"In 2017, the inflatable stand-up paddleboard segment accounted for 75% of the total stand-up paddleboard market share."

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Statistic 5

"In 2019, the average cost of a stand-up paddleboard was approximately $500 to $1,500."

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Statistic 6

"Approximately 56% of stand-up paddleboard participants are male."

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Statistic 7

"The stand-up paddleboarding industry has seen over 500% growth in the last five years."

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Statistic 8

"Over 56.9% of paddleboarding participants are under the age of 35."

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Statistic 9

"In 2020, the Americas’ stand-up paddleboard market accounted for over 34% revenue share."

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Statistic 10

"In 2019, the top three stand-up paddleboard sales channels were specialty stores (45%), sporting goods stores (35%), and online (20%)."

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Statistic 11

"In the United States, stand-up paddleboarding is most popular in the Pacific region (29.1%)."

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Statistic 12

"More than 36% of people who have tried stand-up paddling found it very easy to learn."

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Statistic 13

"The stand-up paddleboard market in Europe is expected to grow at a CAGR of 6.3% from 2021 to 2026."

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Statistic 14

"Almost half (49.7%) of the total stand-up paddleboarding population in the US is college graduates."

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