Global Skimboard Market Reveals Top Players, Ongoing Trends, Growth Factors and Forecast till 2028

Recently, a novel report developed using proven research methodologies at the headquarters of Fact. MR has identified various prominent factors and trends prompting market growth of skimboard market. The study is titled as “Skimboard Market Forecast, Trend Analysis & Competition Tracking – Global Review 2018 to 2028”, which deeply analyses the global market trends, with historical data from 2017 and 2018, and projections of compound annual growth rates (CAGRs) during the mentioned forecast of 2018-2028. For the benefit of the readers, the report concludes with a special focus on the detailed profiles of the major vendors in the global skimboard market.

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The growing international interest in skimboarding has spiked up competition in the industry, as sports companies narrow their focus on diversifying their product line to accommodate equipment for amateur and professional skimboarders. The skimboard industry is aware that the surging popularity brings with itself unique challenges, especially those pertaining to participant safety. Concerns about cervical fractures, drowning, and lacerations are influencing manufacturers to bolster their safety apparatus. The rising focus on developing safe and effective gripper technology solutions in skimboards is a case in point.

According to the International Surfing Association (ISA), nearly 23 million people participate in surfing activities across countries. As a new branch of surfing, skimboarding is gradually gaining popularity among sports enthusiasts. Participation in skimboarding has mainly remained concentrated in North America and Europe. However, the influence of the U.S. satellite TV gaining the attention of eyeballs in Africa and Asia has translated into increasing popularity in these regions. The popularity of this boardsport in new markets has unleashed novel opportunities, which will significantly contribute towards market growth over the coming years.

Abrasion-Resistant, Water Flow Resistance, and Lightweight Features: Market Leaders Switch to Fiberglass, Rock Maple Veneer, and Wood Materials

To pace up with the growing requirements of the sports enthusiasts, market leaders are concentrating on incorporating innovative board designs to offer better grip and control. Prominent manufacturers are focusing on utilizing various components such as wood, fiberglass, and foam to cater to the needs of the amateurs and professionals and influence their purchase decisions. Notable examples include,

Victoria Skimboards, a prominent boardsport company, has developed a range of skimboards incorporated with surf traction pads, which enables users to get a better grip while skimboarding. In addition, the company is focusing on utilizing polyvinyl foam for manufacturing these boards to offer robust, lightweight and abrasion-resistant features.
Linkorskimboards, a Ukraine-based company, has focused on integrating high-density foam core in the skimboards to lower its water flow resistance and offer robust and durable features. In addition, the company is concentrating on utilizing E-fiberglass, epoxy resins, extra-light high-density PVC foam board core, and carbon fiber to develop high-quality skimboards.
DB Skimboards, a U.S.-based manufacturer of flatland skimboards is concentrating on offering eco-friendly products by utilizing bamboo for the production of skimboards. The company is also utilizing hard rock maple veneer as an important component to offer robust, stiff, and durable features. Through the incorporation of environment-friendly components during the production of skimboards, the company is focusing on attaining customer loyalty and trust pertaining to their brand.
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Ridge Grip & Vacuum Bagging Technology: Focus on Offering Ergonomic Comfort, Compact Fiber Layers, and Optimizing Fiber-to-Resin Ratio

In pace with the growing trend of smart manufacturing, leading companies are focusing on adopting cutting-edge technology solutions. Prominent manufacturers are directing their investments towards incorporating advanced technological features for developing innovative skimboards equipped with effective grip and performance boosting features. In addition, key companies in the market are also narrowing their focus towards integrating connectivity features through the incorporation of advanced technology solutions. Notable examples include,

Linkorskim is focusing on integrating vacuum bagging technology during the production to develop stronger and lighter skimboards. Incorporation of the vacuum bagging technology also helps in eliminating the trapped air during the manufacturing process, reduces humidity, and compacts the fiber layers. With the adoption of this advanced technology, the company is focusing on optimizing the fiber-to-resin ratio during the production process.
Zap Skimboards, a prominent and established manufacturing company is focusing on incorporating the novel RidgeGrip technology to offer performance boosting features and ergonomic comfort to the sports enthusiasts. With the integration of this technology, the company is focusing on offering skimboards that offer comparatively faster rides, improved control while skimboarding, and responsive rides.
Live Streaming on Social Media: The Push to Reach a Broader Audience

Gaining customer loyalty and attention has spiked up competition among the market leaders in the industry. As companies focus on pacing ahead of their competitors in the market, they are implementing effective marketing strategies such as partnerships, and product innovations. Also, professional surfers and skimboarders are developing novel skimboards with unique features for improved skimboarding experience.

For instance, Facebook has signed a partnership with a governing body for World Surf League (WSL). In partnership, Facebook will broadcast important women’s and men’s Championship Tour (CT) events. Through this deal, the social media platform will serve as an exclusive digital home for the WSL and offer a game-changing strategy for the organization as individuals from various countries can conveniently watch these events through Facebook.

In essence, increasing viewership of skimboarding events through television and social media platforms can translate into growing popularity of the sport. As the sport steadily goes global, the market is witnessing an influx of innovative and technologically advanced products that offer enhanced performance and improved skimboarding experience. On the account of these factors, growth of the skimboard market will continue to remain positive over the coming years.

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This release was published on openPR.