Kneeboards Market Report

Market Insights

The Kneeboards market is projected to grow from USD xx million in 2020 to USD xx million by 2026 at a CAGR of around x% during the forecast period.

Figure: Kneeboards Market Size, 2020-2026 (USD Million)

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What are kneeboards?

Kneeboards are designed to ride a short surfboard or wakeboard in a kneeling position. It is a unique water sport and a recreational activity. Kneeboarding requires lesser physical skills as compared to other water sports such as wakeboarding or surfing. Kneeboarding is more popular among novices and children, who are yet to get introduced to various water sports.

Key Players

Key players operating in the Kneeboards market are-

• O’Brien (US)
• Connelly (US)
• HO Sports (US)
• Jobe (Netherlands)
• Hot Shot (US)
• RAVE (Canada)
• Renmark (South Africa)

Market Dynamics

The growth of the kneeboards market is driven by increasing popularity among adults and children across geographies. Kneeboard is a family-oriented water sport, which is one of the key factors leading to a surge in demand for kneeboards. Growing consumer interest in water sports as a recreational activity for entertainment and leisure is expected to drive the growth of the kneeboards at a significant rate during the review period. Additionally, surging demand for advanced kneeboards with innovative features is likely to create lucrative opportunities for the market players during the review period.

Segments' Analysis

Distribution Channel Trends

By distribution channel, the kneeboards market has been bifurcated into online sales and offline sales. Under these, the offline sales segment accounted for the largest market share in 2020 and is projected to register significant growth during the review period. The segment growth can be attributed to the increasing number of people visiting offline stores to buy kneeboards.

Regional Trends

By region, the market in North America accounted for the largest market share in 2020 and is projected to grow at a significant CAGR during the assessment period. The regional growth is primarily attributed to the high popularity of water sports coupled with the presence of key market players such as O’Brien (US) and Connelly (US). The market growth in the Asia-Pacific region is expected to be driven by the increasing popularity of water sports in developing countries particularly China and India coupled with the rising per capita disposable income of the consumers.

COVID-19 Impact on Kneeboards Market

The outbreak of the COVID-19 virus has affected the growth of the kneeboards market significantly. Stringent lockdown measures and restricted movement of people affected the production and product supply for a short period and thus, affected the market growth.

Critical Questions Answered in the Report

• What are the key trends in the Kneeboards market?
• How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
• What is the impact of COVID-19 on the Kneeboards market?
• What are the key strategies adopted by the major vendors to lead in the Kneeboards market?
• What is the market share of the top vendors?

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Target Audience

Here is the list of the group of customers that the kneeboards market hopes to have the greatest opportunity to convert-

• Kneeboards distributors
• Kneeboards suppliers
• Kneeboards manufacturers
• Logistics organizations
• Government bodies

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