Middle East & Africa Skateboard Market Research Report, 2028

Middle East & Africa Skateboard Market Research Report, 2028

Actual Market Research 31-12-2022 59 Pages Figures : 13 Tables : 22 Region : MEA Category : Consumer Goods & Services Leisure

1. Razor USA LLC.

2. Blind Skateboards

3. Evolve Skateboards

4. Longboarding SA

In the Middle East and Africa, some people use skateboards to travel short distances, while the majority use them to perform stunts. Skateboarding is a sport, an art form, a way of life, and a culture all rolled into one. The market would benefit from increased demand for sporting activities among the younger population across the region. Skating as a sport is becoming more popular in many nations, which is fuelling product demand. Apart from using it as a source of fun, it also provides flexibility and a good physical shape to the body. Furthermore, the inclination towards fitness has resulted in increased outdoor sports activities, which will act as a key factor driving the market over the forecast period. Skateboarding is one of those activities that feed both the mind and soul. Coordination, pain tolerance, stress alleviation, precision, reflexes, and patience are all cultivated through this activity. ‘Vans’ is one of the most well-known skateboarding brands, and they frequently develop campaigns to encourage people to participate in the sport and promote knowledge about it, particularly in the Middle East. Saudi Arabia is one of the countries where skateboarding is gaining popularity and establishing itself as a culture. According to the research report, "Middle East and Africa Skateboard Market Research Report, 2028," published by Actual Market Research, the market is anticipated to grow at a rate of around 4.76% CAGR during the forecast period. Skateboarding is empowering young females at this time, as they train to hone their skills and forget about the political scene. They learn new roller-skating and skateboarding techniques, which helps them avoid accidents while also boosting their confidence. Many females were initially discouraged from participating in this sport due to social customs and traditions. However, rising awareness across the region is driving up demand. Egypt is a notable country where skateboarding has grown in popularity and engagement. The skateboarding trend in Egypt began as a result of lockdown boredom, but it soon swept across the country as one of the fastest-growing trends. Based on skateboard type, the electric skateboard segment leads the market with more than 39% market share in the analytical year. In the Middle East and Africa, the six start-ups in the cycle are skateboard wearables firm Flip Technologies; a platform for "verified hackers" known as GitHelp; Pavilion33, an online marketplace for fine art from the region; property portal Sakkini; and Kiddapp, a startup spinoff of Achtoons, an Italian animation production company, which aims to create educational and entertainment apps for children and young people. Moving forward, Flat6Labs Abu Dhabi plans to support 80 companies in the next four years, with each cycle—of which there will be two per year—supporting 10 fledgling companies. The UAE developer Arada has recently inaugurated the third and final phase of Aljada Skate Park, said to be the largest facility of its kind in the Middle East. Spread over a 90,000-sq-ft area, Aljada Skate Park contains a beginner section, an intermediate section, and a pro-level street and park section, which will enable the facility to host global standard competitions. Further, Rolling Thunder Supply Co. has recently announced a new partnership with Make Life Skate Life to provide much-needed facilities for emerging skate communities by building skate parks around the world. To kick-start the collaboration, Rolling Thunder has committed to building a skatepark in 2021, followed by another in 2022. The focus will be on supporting new and under-resourced skate communities in the Middle East, Africa, and Asia. In addition to funding skate-park construction, the partnership with Make Life Skate Life will help grow Rolling Thunder Supply Co.’s existing collaboration with The Heart Supply. Rolling Thunder Supply Co. works on a global level with The Heart Supply's #GiveSkateboarding program to "get skateboards under kids’ feet." This collaboration is already providing free complete skateboards to skate communities worldwide in need. Based on the countries, South Africa leads the market with more than 14% of the market share in 2022. The country’s skateboarding and rollerblading community is a fast-growing group of hard-core enthusiasts who spend their days looking for the highest jumps, the smoothest rails to grind, and the best terrain to showcase their skills. South Africa has numerous skate parks that offer awesome skateboarding and rollerblading adventures. There are skate parks in most cities in South Africa. Durban is home to the IS Skate-park, which is an awesome indoor skate park that boasts a street section and mini-ramps. The skateboarding trend in the UAE capital began as a result of COVID-19 lockdown boredom, but it soon swept across many areas of the city as one of the fastest-growing. In Abu Dhabi, there are a variety of places for skateboarding, especially in parks and other areas, which attract a growing number of skaters. They include Sheikha Fatima Park, Al Faya Park, Al Reem Park, Hudayriyat Island Circuit X (which requires a ticket to enter), West Yas Park, Yas South Park, and Corniche Family Urban Park. XDubai, Al Mamzar, Damac Hills, The Block, Tashkeel, Dubai Silicon Oasis, Business Bay, Dubai Hills, Nahida, and Adventure Zone Town Square Skatepark are some of the famous places for skateboarding in Dubai. Covid-19 Impacts: The recent COVID-19 outbreak first began in Wuhan (China) in December 2019, and since then, it has spread around the globe at a fast pace. China, Italy, Iran, Spain, the Republic of Korea, France, Germany, and the US are among the worst-affected countries in terms of positive cases and reported deaths as of March 2020. The COVID-19 outbreak has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The skateboard industry is one of the major industries facing serious disruptions such as supply chain breaks, technology event cancellations, and office shutdowns as a result of this outbreak. The overall market is breaking down due to COVID-19, which is also affecting the growth of the market. However, with changes in consumer behavior and rising awareness regarding sports across the region, the market is anticipated to witness higher market growth in the upcoming time period. Major Companies present in the market: Razor USA LLC., Blind Skateboards, Evolve Skateboards, Longboarding SA Considered in this report • Geography: Middle East & Africa • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • Middle East & Africa skateboard market with its value and forecast along with its segments • Country-wise skateboard market analysis • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation Countries covered in the report: • UAE • Saudi Arabia • South Africa By Product: • Street Skateboard • Cruiser Skateboard • Long Skateboard • Electric Skateboard • Others Skateboard By End-User: • Kids • Teenagers • Adults By Distribution Channel: • Offline • Online The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual reports of companies, and analyzing government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources. Intended audience: This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the skateboard industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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