Summer Boardsports to Lead Expansion with a Robust CAGR of 7.5%, Snowboarding Maintains Steady Growth at 0.8% - ResearchAndMarkets.com
Summer Boardsports are expected to lead this expansion with a projected CAGR of 7.5%.
- Summer Boardsports are expected to lead this expansion with a projected CAGR of 7.5%.
- Key Highlights from the Report:
Summer Boardsports Taking the Lead: Summer Boardsports are projected to record a robust CAGR of 7.5%, reaching a market value of US$32.8 billion by the end of the analysis period. - This growth is attributed to the increasing popularity of activities such as surfing and skateboarding.
- Steady Growth in Snowboarding: The Snowboarding segment is estimated to grow at a steady CAGR of 0.8% over the next eight years, maintaining its position within the market.