The global skateboard shoes market is estimated to grow at a CAGR of around 2.9% during the forecast period (post Covid-19 scenario). Skateboard is an action sport that include riding and performing tricks using a skateboard. The market growth is attributed to various factors including increasing number of national & international skateboard tournaments, availability of skateparks supported by funding, new launches, strong e-commerce channel, and launch of the skateboarder’s own brand.

A number of skateboard competitions such as World Skate Park Open, Dew Tour, X-Games, Street League Skateboard, Tampa Pro, Bowl-a-Rama, Mystic Sk8 Cup, and Vans Park Series Pro Tour World Championships are held across the globe. These increasing number of competition and tournaments signify the increasing popularity of skateboard among population, which in turn, will create the demand for skateboard shoes and hence will drive the market growth. 

Segmental Outlook  

The global skateboard shoes market is segmented on the basis of type and end-user. Based on type, the market is bifurcated into cupsole skateboard shoes and vulcanized skateboard shoes. While on the basis of end-user, the market is divided into skateboard shoes for men and skateboard shoes for women.

Global Skateboard Shoes Market Share by Type, 2018 (%)

Among type, vulcanized skateboard shoes dominated the market during the forecast period. Vulcanized skateboard shoes are a good choice for skaters that prefer a lot of boardfeel. Companies such as Es Accel, Emerica Figueroa, Etnies Marana are providing vulcanized shoes to offer better board feel to the skateboarders. However, vulcanized shoes offer less impact protection due to lack of heel support and thinner soles.

Regional Outlook 

Geographically, the study of the global skateboard shoes market covers the analysis of four major regions including North America (the US and Canada), Europe (UK, Germany, Italy, Spain, France, and Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), and the Rest of the World.

North America is estimated to hold a significant share in the global skateboard shoes during the forecast period. Skateboarding is one of the most popular sports in the US, with the presence of a significant number of skate park in the country. In addition, various organizations provide funding for creating skate park. For instance, in 2019, The Skatepark Project was awarded $9 million to create public skateparks. 

Asia-Pacific is estimated to exhibit the considerable growth rate of 4.1% during the forecast period. The growth of the skateboard shoes market in Asia-Pacific is attributed to the increasing awareness regarding skateboarding as a result of various competitions held at country and regional levels motivate people, especially young population to get engaged in the sport. 

Market Players Outlook

The study of the global skateboard shoes market covers the analysis of various players operating in the market. Some of the prominent players covered in the report include NIKE, Inc., New Balance Athletics, Inc., Vans, A VF Company, Emerica, Lakai Footwear Ltd., and others. These players are offering long-lasting skateboard shoes to meet the growing need of the skateboarders. Further, the players are adopting various growth strategies to maintain their position in the market. For instance, 

• In September 2020, New Balance collaborated with Junya Watanabe MAN to launch the Numeric 379 footwear label’s skateboarding line. While in August 2020, the company launched the Numeric 1010 in collaboration with Brazilian skater Tiago Lemos.
• In May 2020, Lakai Footwear Ltd. launced a Carroll skate shoe called “reimagined version” which was an updated version of the company’s very first shoe released back in 2000. The shoe comes with new elements of functions such as XLK sole which is developed and inspired by a vulcanized outsole’s board feel and grip and delivers the comfort that the cupsoles provide.

The Report Covers

• Market value data analysis of 2018 and forecast to 2025.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global skateboard shoes market. Based on the availability of data, information related to products, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying ‘who-stands-where’ in the market.