United Kingdom (UK) Skateboard Market Research Report, 2028

United Kingdom (UK) Skateboard Market Research Report, 2028

Actual Market Research 31-12-2022 64 Pages Figures : 5 Tables : 13 Region : Europe Country : United Kingdom Category : Food & Beverages Food

Skateboarding arrived in the United Kingdom in the early 1960s, when Keith Slocombe and his Surfers Store imported the first skateboards from California in 1963. It drew the attention of city dwellers in the late 1960s, mostly in the shape of slalom-style skateboarding in the south of England, as a result of increased media coverage of the 'craze' that had begun in California. Skateboarding’s rise in the United Kingdom began in the shadow of the United States and has largely followed the cycles of American trends. Estimates of the number of skateboarders in the United Kingdom today range from 60,000 frequent participants to 300,000 casual skaters. In 2020, around 750,000 people in the UK participate in some type of skateboarding activity. Some of the well-known skateboarders in the UK Skateboard scene are Tom Penny, Sky Brown, Mathew Pritchard, Geoff Rowley, Steve Douglas, Ryan Swain, and Ben Raemers. As per World Bank, the United Kingdom has a population of 67.3 million people in 2021, 33.25 million of who are men and 34.05 million are women. The majority of the population (422.7 million) is between the ages of 15 and 65. Country regions have 10.8 million people, whereas metropolitan areas have 56.5 million. The UK has a GDP of 3.19 trillion USD in 2021, an inflation rate of 2.5 percent, and a per capita income of US$47,334.4, according to the World Bank. The increasing Youth Population and the rising popularity of skateboards among teenagers along with the rising disposable income of people are major factors in the growth of the Skateboard Market in the UK. According to the research report, "UK Skateboard Market Research Report, 2028," published by Actual Market Research, the market is anticipated to add USD 46.44 Million by the end of 2028. Rapid technical improvements and rising demand for electric skateboards are expected to drive market expansion in the United Kingdom. The growing popularity of extreme sports is driving the industry in this area. As a result, the UK electric skateboard industry is expected to develop as interest in outdoor sports grows. The bottom 1% of society's adoption of new sports is heavily influenced by social media. The teenage market is the most invested in this sport, and they are continuously on social media looking for new types of skating gear. The millennial demographic is expected to continue to follow sports news networks and sports stars on social media. Skate Plaza, The Works, The House, Hyde Park Free Skate Park, UK Skate Park, Baysixty6 Skate Park, Wooden Waves, Prissick Plaza, Livingston Skate Park, and Adrenaline Alley are some of the best skate parks in the UK. Due to the vast dispersion of retail locations across the country, the offline sector dominated the market in terms of distribution channels. Skateboard shops in the United Kingdom include Black Sheep Skateboard Shop, Route One London, Evolve Skateboards UK, NOTE Skateboard Shop, Brixton's Baddest Skate Shop, and Native Skate Store. Due to increased internet usage, convenience, time savings, and other factors, the online category is expected to grow significantly during the projected period. England, being a member of the United Kingdom, is one of Europe's greatest skating countries. Pro skaters have been visiting England for decades since its major capital city, London is home to the famed Southbank skatepark. With a plethora of Skatepark ideal for skating and hosting demos, what were previously American businesses traveling to England have now evolved into local brands totally in charge of their own skate culture. English skate businesses and shops have added a unique flavor to skate culture in Europe, with their fashion and video cinema being utterly unique in skate media. However, the country's skateboard sector, like the British economy, has seen some ups and downs. From the late 1980s to the mid-1990s, Britain's economy suffered as a result of Prime Minister Margaret Thatcher's Tory government's conservatism. Unemployment reached unprecedented highs, and hundreds of businesses were forced to close their doors. The value of the British pound fell to record lows, and the country entered a period of economic devastation that did not end until roughly 1995. Since then, the British economy has flipped 180 degrees, and the skateboard market is stronger than ever. Despite this, few skate parks, tough terrain, and inclement weather are all realities for British skateboarders. Skaters, like those in other countries, will do everything it takes to skate. The United Kingdom is still running under legislation that was enacted more than 150 years ago. To put this in context, automobiles did not become popular until 1886. That is 31 years after the passage of the Highway Act in 1835. The Highway Act 1835 stipulates that a "carriage of any sort" (a broad term they employ to include anything that conveys something or someone) cannot ride on a footpath meant for pedestrians. Electric skateboards and scooters are not permitted on the footpath, nor are bicycles, which is strongly enforced. However, it begs the question, what about traditional skateboards and scooters? Technically, they are not permitted to be ridden on footpaths either. Considered in this report • Geography: UK • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • UK skateboard market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation 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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