Latest Research on Global Skimboard Market Highlights the Key Development Factors, Regions and Upcoming Trends During, 2018-2028 || Key players - Victoria Skimboards, Linkorskimboards, DB Skimboards, Zap Skimboards

FactMR research firm has recently updated its massive report catalogue by adding a fresh study titled “Skimboard Market Forecast, Trend Analysis & Competition Tracking - Global Review 2018 to 2028”. This business intelligence study encapsulates vital details about the market current as well as future status during the forecast period of 2018 to 2028. Readers can expect holistic and comprehensive analysis on the Skimboard Market, which can be used for formulating effective business strategies. The report also targets important facets such as market drivers, challenges, latest trends, and opportunities associated to growth of manufacturers in global market for Skimboard.

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Despite the high risk of injuries associated with skimboarding, the number of individuals participating in the sport has remained remarkably high over the past few years. As skimboarding is a sport that is highly influenced by skateboarding and surfing, it is inspiring a huge number of surfers across the globe to indulge in skimboarding, which is ultimately triggering the demand for skimboards. The global market for skimboard is majorly driven by the increasing popularity of the sport and the mounting number of individuals participating in skimboarding competitions on the international level. Various organizations with a huge number of volunteers are encouraging more individuals to participate in the sport, which is further expected to boost the sales of skimboards across the world, in the near future.

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.
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.

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 analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on

Market Dynamics
Market Size
Market Segments
Demand & Supply Trends
Current Issues and Challenges
Companies and Competitor Landscape
Value Chain
Technology
Regional Segments Analyzed Include

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)
Highlights from the Report

Elaborated scenario of the parent market
Transformations in the market dynamics
Detailed segmentation of the target market
Historical, current and forecast market size based on value and volume
Latest industry developments and trends
Competition landscape
Strategies adopted by the market players and product developments made
Potential and niche segments, along with their regional analysis
Unbiased analysis on performance of the market
Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness

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