NAICS Code 339920-22 - Skateboards & Equipment (Manufacturing)
Marketing Level - NAICS 8-DigitUse Data For:
- Direct Mailing
- Emailing
- Calling
- Research
Includes Free Sample & Industry Report
Total Companies
11100% Phone-Verified, NCOA Processed, Accurate Data
NAICS Code 339920-22 Description (8-Digit)
Hierarchy Navigation for NAICS Code 339920-22
Parent Code (less specific)
Tools
Tools commonly used in the Skateboards & Equipment (Manufacturing) industry for day-to-day tasks and operations.
- CNC machines
- Laser cutters
- Heat presses
- Screen printing machines
- Injection molding machines
- Woodworking tools (e.g. saws, sanders, routers)
- Metalworking tools (e.g. welders, grinders, lathes)
- 3D printers
- Vinyl cutters
- Drill presses
Industry Examples of Skateboards & Equipment (Manufacturing)
Common products and services typical of NAICS Code 339920-22, illustrating the main business activities and contributions to the market.
- Skateboard decks
- Skateboard wheels
- Skateboard trucks
- Skateboard bearings
- Grip tape
- Hardware (e.g. bolts, nuts, risers)
- Longboards
- Cruiser boards
- Electric skateboards
- Skateboard ramps
Certifications, Compliance and Licenses for NAICS Code 339920-22 - Skateboards & Equipment (Manufacturing)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- ASTM F2299: Standard Test Method for Determining the Initial Efficiency of Materials Used in Medical Face Masks to Penetration by Particulates Using Latex Spheres ASTM International
- ASTM F2100: Standard Specification for Performance of Materials Used in Medical Face Masks ASTM International
- ANSI/ISEA 121-2018: American National Standard for Dropped Object Prevention Solutions International Safety Equipment Association
- ANSI/ISEA 107-2020: American National Standard for High-Visibility Safety Apparel and Accessories International Safety Equipment Association
- ANSI/ASSE A10.32-2012: Safety Requirements for Rope-Guided and Non-Guided Workers' Hoists American Society of Safety Engineers
- ANSI/ASSE A10.14-2019: Safety Requirements for Window Cleaning American Society of Safety Engineers
- ANSI/ASSE A10.8-2019: Scaffolding Safety Requirements American Society of Safety Engineers
- ANSI/ASSE A10.6-2016: Safety Requirements for Demolition Operations American Society of Safety Engineers
- ANSI/ASSE A10.4-2016: Safety Requirements for Personnel Hoists and Employee Elevators on Construction and Demolition Sites American Society of Safety Engineers
- ANSI/ASSE A10.3-2018: Safety Requirements for Powder-Actuated Fastening Systems American Society of Safety Engineers
- ANSI/ASSE A10.32-2012: Safety Requirements for Rope-Guided and Non-Guided Workers' Hoists American Society of Safety Engineers
- ANSI/ASSE A10.14-2019: Safety Requirements for Window Cleaning American Society of Safety Engineers
- ANSI/ASSE A10.8-2019: Scaffolding Safety Requirements American Society of Safety Engineers
- ANSI/ASSE A10.6-2016: Safety Requirements for Demolition Operations American Society of Safety Engineers
- ANSI/ASSE A10.4-2016: Safety Requirements for Personnel Hoists and Employee Elevators on Construction and Demolition Sites American Society of Safety Engineers
- ANSI/ASSE A10.3-2018: Safety Requirements for Powder-Actuated Fastening Systems American Society of Safety Engineers
- ANSI/ASSE A10.32-2012: Safety Requirements for Rope-Guided and Non-Guided Workers' Hoists American Society of Safety Engineers
- ANSI/ASSE A10.14-2019: Safety Requirements for Window Cleaning American Society of Safety Engineers
- ANSI/ASSE A10.8-2019: Scaffolding Safety Requirements American Society of Safety Engineers
- ANSI/ASSE A10.6-2016: Safety Requirements for Demolition Operations American Society of Safety Engineers
- ANSI/ASSE A10.4-2016: Safety Requirements for Personnel Hoists and Employee Elevators on Construction and Demolition Sites American Society of Safety Engineers
- ANSI/ASSE A10.3-2018: Safety Requirements for Powder-Actuated Fastening Systems American Society of Safety Engineers
- ANSI/ASSE A10.32-2012: Safety Requirements for Rope-Guided and Non-Guided Workers' Hoists American Society of Safety Engineers
- ANSI/ASSE A10.14-2019: Safety Requirements for Window Cleaning American Society of Safety Engineers
- ANSI/ASSE A10.8-2019: Scaffolding Safety Requirements American Society of Safety Engineers
- ANSI/ASSE A10.6-2016: Safety Requirements for Demolition Operations American Society of Safety Engineers
- ANSI/ASSE A10.4-2016: Safety Requirements for Personnel Hoists and Employee Elevators on Construction and Demolition Sites American Society of Safety Engineers
- ANSI/ASSE A10.3-2018: Safety Requirements for Powder-Actuated Fastening Systems American Society of Safety Engineers
- ANSI/ASSE A10.32-2012: Safety Requirements for Rope-Guided and Non-Guided Workers' Hoists American Society of Safety Engineers
- ANSI/ASSE A10.14-2019: Safety Requirements for Window Cleaning American Society of Safety Engineers
- ANSI/ASSE A10.8-2019: Scaffolding Safety Requirements American Society of Safety Engineers
- ANSI/ASSE A10.6-2016: Safety Requirements for Demolition Operations American Society of Safety Engineers
- ANSI/ASSE A10.4-2016: Safety Requirements for Personnel Hoists and Employee Elevators on Construction and Demolition Sites American Society of Safety Engineers
- ANSI/ASSE A10.3-2018: Safety Requirements for Powder-Actuated Fastening Systems American Society of Safety Engineers
- ANSI/ASSE A10.32-2012: Safety Requirements for Rope-Guided and Non-Guided Workers' Hoists American Society of Safety Engineers
- ANSI/ASSE A10.14-2019: Safety Requirements for Window Cleaning American Society of Safety Engineers
- ANSI/ASSE A10.8-2019: Scaffolding Safety Requirements American Society of Safety Engineers
- ANSI/ASSE A10.6-2016: Safety Requirements for Demolition Operations American Society of Safety Engineers
- ANSI/ASSE A10.4-2016: Safety Requirements for Personnel Hoists and Employee Elevators on Construction and Demolition Sites American Society of Safety Engineers
- ANSI/ASSE A10.3-2018: Safety Requirements for Powder-Actuated Fastening Systems American Society of Safety Engineers
- ANSI/ASSE A10.32-2012: Safety Requirements for Rope-Guided and Non-Guided Workers' Hoists American Society of Safety Engineers
- ANSI/ASSE A10.14-2019: Safety Requirements for Window Cleaning American Society of Safety Engineers
- ANSI/ASSE A10.8-2019: Scaffolding Safety Requirements American Society of Safety Engineers
- ANSI/ASSE A10.6-2016: Safety Requirements for Demolition Operations American Society of Safety Engineers
- ANSI/ASSE A10.4-2016: Safety Requirements for Personnel Hoists and Employee Elevators on Construction and Demolition Sites American Society of Safety Engineers
- ANSI/ASSE A10.3-2018: Safety Requirements for Powder-Actuated Fastening Systems American Society of Safety Engineers
- ANSI/ASSE A10.32-2012: Safety Requirements for Rope-Guided and Non-Guided Workers' Hoists American Society of Safety Engineers
- ANSI/ASSE A10.14-2019: Safety Requirements for Window Cleaning American Society of Safety Engineers
- ANSI/ASSE A10.8-2019: Scaffolding Safety Requirements American Society of Safety Engineers
- ANSI/ASSE A10.6-2016: Safety Requirements for Demolition Operations American Society of Safety Engineers
- ANSI/ASSE A10.4-2016: Safety Requirements for Personnel Hoists and Employee Elevators on Construction and Demolition Sites American Society of Safety Engineers
- ANSI/ASSE A10.3-2018: Safety Requirements for Powder-Actuated Fastening Systems American Society of Safety Engineers
- ANSI/ASSE A10.32-2012: Safety Requirements for Rope-Guided and Non-Guided Workers' Hoists American Society of Safety Engineers
- ANSI/ASSE A10.14-2019: Safety Requirements for Window Cleaning American Society of Safety Engineers
- ANSI/ASSE A10.8-2019: Scaffolding Safety Requirements American Society of Safety Engineers
- ANSI/ASSE A10.6-2016: Safety Requirements for Demolition Operations American Society of Safety Engineers
- ANSI/ASSE A10.4-2016: Safety Requirements for Personnel Hoists and Employee Elevators on Construction and Demolition Sites American Society of Safety Engineers
- ANSI/ASSE A10.3-2018: Safety Requirements for Powder-Actuated Fastening Systems American Society of Safety Engineers
- ANSI/ASSE A10.32-2012: Safety Requirements for Rope-Guided and Non-Guided Workers' Hoists American Society of Safety Engineers
- ANSI/ASSE A10.14-2019: Safety Requirements for Window Cleaning American Society of Safety Engineers
- ANSI/ASSE A10.8-2019: Scaffolding Safety Requirements American Society of Safety Engineers
- ANSI/ASSE A10.6-2016: Safety Requirements for Demolition Operations American Society of Safety Engineers
- ANSI/ASSE A10.4-2016: Safety Requirements for Personnel Hoists and Employee Elevators on Construction and Demolition Sites American Society of Safety Engineers
- ANSI/ASSE A10.3-2018: Safety Requirements for Powder-Actuated Fastening Systems American Society of Safety Engineers
- ANSI/ASSE A10.32-2012: Safety Requirements for Rope-Guided and Non-Guided Workers' Hoists American Society of Safety Engineers
- ANSI/ASSE A10.14-2019: Safety Requirements for Window Cleaning American Society of Safety Engineers
- ANSI/ASSE A10.8-2019: Scaffolding Safety Requirements American Society of Safety Engineers
- ANSI/ASSE A10.6-2016: Safety Requirements for Demolition Operations American Society of Safety Engineers
- ANSI/ASSE A10.4-2016: Safety Requirements for Personnel Hoists and Employee Elevators on Construction and Demolition Sites American Society of Safety Engineers
- ANSI/ASSE A10.3-2018: Safety Requirements for Powder-Actuated Fastening Systems American Society of Safety Engineers
- ANSI/ASSE A10.32-2012: Safety Requirements for Rope-Guided and Non-Guided Workers' Hoists American Society of Safety Engineers
- ANSI/ASSE A10.14-2019: Safety Requirements for Window Cleaning American Society of Safety Engineers
- ANSI/ASSE A10.8-2019: Scaffolding Safety Requirements American Society of Safety Engineers
- ANSI/ASSE A10.6-2016: Safety Requirements for Demolition Operations American Society of Safety Engineers
- ANSI/ASSE A10.4-2016: Safety Requirements for Personnel Hoists and Employee Elevators on Construction and Demolition Sites American Society of Safety Engineers
- ANSI/ASSE A10.3-2018: Safety Requirements for Powder-Actuated Fastening Systems American Society of Safety Engineers
- ANSI/ASSE A10.32-2012: Safety Requirements for Rope-Guided and Non-Guided Workers' Hoists American Society of Safety Engineers
- ANSI/ASSE A10.14-2019: Safety Requirements for Window Cleaning American Society of Safety Engineers
- ANSI/ASSE A10.8-2019: Scaffolding Safety Requirements American Society of Safety Engineers
- ANSI/ASSE A10.6-2016: Safety Requirements for Demolition Operations American Society of Safety Engineers
- ANSI/ASSE A10.4-2016: Safety Requirements for Personnel Hoists and Employee Elevators on Construction and Demolition Sites American Society of Safety Engineers
- ANSI/ASSE A10.3-2018: Safety Requirements for Powder-Actuated Fastening Systems American Society of Safety Engineers
- ANSI/ASSE A10.32-2012: Safety Requirements for Rope-Guided and Non-Guided Workers' Hoists American Society of Safety Engineers
- ANSI/ASSE A10.14-2019: Safety Requirements for Window Cleaning American Society of Safety Engineers
- ANSI/ASSE A10.8-2019: Scaffolding Safety Requirements American Society of Safety Engineers
- ANSI/ASSE A10.6-2016: Safety Requirements for Demolition Operations American Society of Safety Engineers
- ANSI/ASSE A10.4-2016: Safety Requirements for Personnel Hoists and Employee Elevators on Construction and Demolition Sites American Society of Safety Engineers
- ANSI/ASSE A10.3-2018: Safety Requirements for Powder-Actuated Fastening Systems American Society of Safety Engineers
- ANSI/ASSE A10.32-2012: Safety Requirements for Rope-Guided and Non-Guided Workers' Hoists American Society of Safety Engineers
- ANSI/ASSE A10.14-2019: Safety Requirements for Window Cleaning American Society of Safety Engineers
- ANSI/ASSE A10.8-2019: Scaffolding Safety Requirements American Society of Safety Engineers
- ANSI/ASSE A10.6-2016: Safety Requirements for Demolition Operations American Society of Safety Engineers
- ANSI/ASSE A10.4-2016: Safety
History
A concise historical narrative of NAICS Code 339920-22 covering global milestones and recent developments within the United States.
- The Skateboards & Equipment (Manufacturing) industry has a rich history that dates back to the 1950s when the first skateboard was invented in California. The first skateboards were made of wooden boxes or boards with roller skate wheels attached to the bottom. In the 1960s, the first professional skateboarders emerged, and the first skateboard competitions were held. The 1970s saw the introduction of polyurethane wheels, which provided better grip and control, and the first skateboard parks were built. In the 1980s, skateboarding became more mainstream, and the first skateboarding magazines were published. In recent years, the industry has seen a resurgence in popularity, with skateboarding being added to the 2020 Summer Olympics in Tokyo. In the United States, the Skateboards & Equipment (Manufacturing) industry has a more recent history. In the 1990s, skateboarding experienced a decline in popularity, and many skateboarding companies went out of business. However, in the early 2000s, skateboarding began to make a comeback, and the industry has been growing steadily ever since. Today, the industry is driven by innovation, with companies constantly developing new products and technologies to improve the skateboarding experience.
Future Outlook for Skateboards & Equipment (Manufacturing)
The anticipated future trajectory of the NAICS 339920-22 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
-
Growth Prediction: Stable
The future outlook for the Skateboards & Equipment (Manufacturing) industry in the USA is positive. The industry is expected to grow due to the increasing popularity of skateboarding as a recreational activity and sport. The rise of social media has also contributed to the growth of the industry, as it has made it easier for skateboarders to share their skills and for companies to market their products. Additionally, the industry is expected to benefit from the increasing demand for eco-friendly and sustainable products, as more consumers are becoming environmentally conscious. However, the industry may face challenges such as rising production costs and competition from other recreational activities. Overall, the industry is expected to continue growing in the coming years.
Industry Innovations for NAICS Code 339920-22
Recent groundbreaking advancements and milestones in the Skateboards & Equipment (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.
- Electric Skateboards: Electric skateboards have become increasingly popular in recent years, as they offer a new way to experience skateboarding. These skateboards are powered by electric motors and can reach speeds of up to 25 miles per hour. They are also more environmentally friendly than traditional skateboards, as they do not require fuel.
- 3D Printing: 3D printing has revolutionized the manufacturing process for skateboards and equipment. Companies can now create custom designs and prototypes quickly and at a lower cost than traditional manufacturing methods.
- Skateboard Parks: The construction of new skateboard parks has increased in recent years, providing skateboarders with more places to practice and compete. These parks are often designed with input from professional skateboarders and can include features such as half-pipes, rails, and ramps.
- Sustainable Materials: Many skateboard companies are now using sustainable materials such as bamboo and recycled plastic in their products. This trend is driven by consumer demand for eco-friendly products and the desire to reduce the environmental impact of the industry.
- Virtual Reality: Virtual reality technology has been used to create immersive skateboarding experiences, allowing users to experience skateboarding in a virtual environment. This technology has the potential to revolutionize the way skateboarders train and compete.
Required Materials or Services for Skateboards & Equipment (Manufacturing)
This section provides an extensive list of essential materials, equipment and services that are integral to the daily operations and success of the Skateboards & Equipment (Manufacturing) industry. It highlights the primary inputs that Skateboards & Equipment (Manufacturing) professionals rely on to perform their core tasks effectively, offering a valuable resource for understanding the critical components that drive industry activities.
Material
Adhesives: Strong bonding agents used to assemble various components of skateboards, ensuring structural integrity and longevity of the finished product.
Aluminum Alloy: A lightweight and strong metal used for skateboard trucks, crucial for providing stability and control during tricks and maneuvers.
Bearings: Precision-engineered components that allow skateboard wheels to spin smoothly, reducing friction and enhancing speed for an improved riding experience.
Grip Tape: A sandpaper-like material applied to the top of skateboard decks, providing traction for the rider's feet and ensuring safety during use.
Paint and Graphics: Specialized paints and graphic materials used to customize skateboard decks, allowing for branding and personal expression while protecting the wood.
Polyurethane: A versatile synthetic material used for manufacturing skateboard wheels, offering durability and shock absorption to enhance the riding experience.
Rubber: Used in the manufacturing of shock pads and bushings, rubber provides cushioning and flexibility, enhancing the overall performance and comfort of skateboards.
Wood Veneer: Thin layers of wood used to create skateboard decks, providing strength and flexibility while maintaining a lightweight structure essential for performance.
Equipment
CNC Router: A computer-controlled cutting machine used to shape skateboard decks and components with high precision, ensuring consistent quality in production.
Drill Press: A tool used to create precise holes in skateboard decks for hardware installation, ensuring accurate placement of trucks and other components.
Heat Press: A device used to apply heat and pressure to laminate graphics onto skateboard decks, ensuring durability and resistance to wear.
Injection Molding Machine: A machine used to produce plastic components such as wheels and bushings, allowing for efficient mass production with consistent quality.
Press Machine: A hydraulic or mechanical device used to laminate and press layers of wood veneer together, forming the core structure of skateboard decks.
Quality Control Instruments: Tools and devices used to measure and ensure the quality of skateboard components, critical for maintaining safety and performance standards.
Sanding Machine: A machine used to smooth and finish skateboard decks after cutting, ensuring a polished surface that is comfortable for riders.
Products and Services Supplied by NAICS Code 339920-22
Explore a detailed compilation of the unique products and services offered by the Skateboards & Equipment (Manufacturing) industry. This section provides precise examples of how each item is utilized, showcasing the diverse capabilities and contributions of the Skateboards & Equipment (Manufacturing) to its clients and markets. This section provides an extensive list of essential materials, equipment and services that are integral to the daily operations and success of the Skateboards & Equipment (Manufacturing) industry. It highlights the primary inputs that Skateboards & Equipment (Manufacturing) professionals rely on to perform their core tasks effectively, offering a valuable resource for understanding the critical components that drive industry activities.
Material
Bearings: Manufactured from high-quality steel or ceramic, skateboard bearings allow for smooth wheel rotation. The production process includes precision machining and lubrication to ensure minimal friction and maximum speed.
Grip Tape: This abrasive tape is applied to the top of skateboard decks to provide traction for the rider's feet. It is produced using a strong adhesive backing and a gritty surface, ensuring safety and control during rides.
Hardware: Skateboard hardware includes screws, nuts, and bolts that secure the trucks to the deck. These components are manufactured from durable metals to withstand the stresses of skating and ensure long-lasting performance.
Riser Pads: These pads are placed between the skateboard deck and trucks to increase height and reduce wheel bite. They are manufactured from durable plastic or rubber, providing additional cushioning and stability.
Shock Pads: Shock pads are made from foam or rubber materials and are placed between the skateboard deck and trucks to absorb impact. This manufacturing process involves cutting and shaping materials to fit various skateboard setups.
Skateboard Accessories: This category includes items such as stickers, protective gear, and tools for maintenance. These accessories are produced using various materials and are essential for enhancing the skateboarding experience.
Skateboard Decks: Manufactured from high-quality wood or composite materials, skateboard decks are designed to provide durability and flexibility. They are shaped and pressed to create a concave surface that enhances performance and control for skateboarders.
Skateboard Wheels: These wheels are produced using durable urethane compounds that offer a balance of grip and speed. The manufacturing process involves molding and curing the material to ensure optimal performance on various surfaces.
Trucks: Trucks are the metal components that attach the wheels to the skateboard deck. They are crafted from aluminum or other lightweight metals, designed to provide stability and maneuverability during tricks and turns.
Equipment
Quality Control Equipment: Used to ensure that all manufactured products meet safety and performance standards, this equipment includes testing machines and measurement tools that assess the durability and functionality of skateboard components.
Skateboard Manufacturing Machines: These specialized machines are used in the production of skateboards, including CNC routers for shaping decks and presses for molding materials. They enhance efficiency and precision in the manufacturing process.
Skateboard Presses: Used to laminate and shape skateboard decks, these presses apply heat and pressure to layers of wood or composite materials. The result is a strong and flexible deck that meets the demands of skateboarders.
Comprehensive PESTLE Analysis for Skateboards & Equipment (Manufacturing)
A thorough examination of the Skateboards & Equipment (Manufacturing) industry’s external dynamics, focusing on the political, economic, social, technological, legal, and environmental factors that shape its operations and strategic direction.
Political Factors
Trade Regulations
Description: Trade regulations, including tariffs and import/export restrictions, significantly impact the skateboard manufacturing industry. Recent changes in trade agreements and tariffs on imported materials can affect cost structures and pricing strategies for manufacturers in the USA.
Impact: Increased tariffs on imported raw materials can lead to higher production costs, forcing manufacturers to either absorb these costs or pass them onto consumers. This can affect competitiveness, particularly for companies relying on imported components, while also influencing domestic sourcing strategies.
Trend Analysis: Historically, trade regulations have fluctuated based on political climates and international relations. Currently, there is a trend towards more stringent trade policies, which may continue to evolve with ongoing geopolitical tensions. The level of certainty regarding these changes is medium, influenced by political negotiations and economic conditions.
Trend: Increasing
Relevance: HighRegulatory Compliance
Description: Manufacturers in this industry must adhere to various regulations, including safety standards for products and environmental regulations concerning manufacturing processes. Recent updates to safety standards have heightened compliance requirements for skateboard manufacturers.
Impact: Compliance with safety regulations is crucial to avoid legal repercussions and ensure consumer safety. Non-compliance can lead to product recalls, financial penalties, and damage to brand reputation, which can have long-term implications for market trust and operational viability.
Trend Analysis: The trend towards stricter regulatory compliance has been increasing, driven by heightened consumer awareness and advocacy for safety. The certainty of this trend is high, as regulatory bodies continue to enforce existing laws and introduce new ones to protect consumers and the environment.
Trend: Increasing
Relevance: High
Economic Factors
Consumer Spending Trends
Description: Consumer spending patterns significantly influence the skateboard manufacturing industry, particularly as disposable income levels fluctuate. Recent economic recovery has led to increased spending on recreational activities, including skateboarding.
Impact: Higher disposable income can lead to increased sales of skateboards and related equipment, benefiting manufacturers. Conversely, economic downturns can reduce discretionary spending, impacting sales and profitability. Companies must adapt their marketing strategies to align with consumer spending behaviors.
Trend Analysis: Consumer spending has shown a positive trend post-recession, with projections indicating continued growth as economic conditions stabilize. The level of certainty regarding this trend is medium, influenced by broader economic indicators and consumer confidence levels.
Trend: Increasing
Relevance: HighRaw Material Costs
Description: The costs of raw materials, such as wood, plastic, and metal, directly impact the skateboard manufacturing industry. Recent fluctuations in material prices due to supply chain disruptions and global market changes have affected production costs.
Impact: Rising raw material costs can squeeze profit margins for manufacturers, necessitating adjustments in pricing strategies or sourcing practices. Companies may need to explore alternative materials or suppliers to mitigate these impacts, which can affect operational efficiency and product pricing.
Trend Analysis: Material costs have experienced volatility, particularly during global supply chain disruptions. The trend is currently unstable, with predictions of continued fluctuations based on geopolitical factors and market demand. The level of certainty regarding these predictions is medium, influenced by ongoing global economic conditions.
Trend: Decreasing
Relevance: Medium
Social Factors
Youth Culture and Trends
Description: The skateboard industry is heavily influenced by youth culture, with trends in fashion, music, and lifestyle impacting consumer preferences. Recent trends show a resurgence in skateboarding popularity, particularly among younger demographics.
Impact: The alignment of products with youth culture can drive sales and brand loyalty. Companies that effectively market their products to resonate with this demographic can capture a larger market share, while those that fail to adapt may struggle to remain relevant.
Trend Analysis: The trend towards increased interest in skateboarding has been growing, particularly with the rise of social media platforms showcasing skateboarding culture. The certainty of this trend is high, driven by community engagement and the influence of popular figures in the skateboarding world.
Trend: Increasing
Relevance: HighHealth and Fitness Awareness
Description: There is a growing awareness of health and fitness among consumers, leading to increased participation in physical activities, including skateboarding. This trend is particularly prominent among younger individuals seeking alternative fitness options.
Impact: The rising interest in health and fitness can positively influence the skateboard manufacturing industry, as more individuals seek engaging ways to stay active. Manufacturers can capitalize on this trend by promoting skateboarding as a fun and effective form of exercise.
Trend Analysis: The trend towards health and fitness has been steadily increasing, with a high level of certainty regarding its trajectory. This shift is supported by public health campaigns and a growing emphasis on active lifestyles among younger generations.
Trend: Increasing
Relevance: High
Technological Factors
Advancements in Manufacturing Technology
Description: Technological advancements in manufacturing processes, such as automation and 3D printing, are transforming the skateboard production landscape. These innovations enhance efficiency and product customization capabilities.
Impact: Investing in advanced manufacturing technologies can lead to improved production efficiency and reduced costs, allowing manufacturers to respond quickly to market demands. However, the initial investment can be substantial, posing challenges for smaller operators.
Trend Analysis: The trend towards adopting new manufacturing technologies has been growing, with many companies investing in modernization to stay competitive. The certainty of this trend is high, driven by the need for efficiency and customization in product offerings.
Trend: Increasing
Relevance: HighE-commerce and Online Sales Growth
Description: The rise of e-commerce has significantly changed how consumers purchase skateboards and related equipment. Online sales channels have become increasingly important, especially following the COVID-19 pandemic, which accelerated digital shopping trends.
Impact: E-commerce presents opportunities for manufacturers to reach a broader audience and increase sales. However, companies must navigate logistics and supply chain complexities associated with online sales, which can impact operational efficiency and customer satisfaction.
Trend Analysis: The growth of e-commerce has shown a consistent upward trajectory, with predictions indicating continued expansion as more consumers prefer online shopping. The level of certainty regarding this trend is high, influenced by technological advancements and changing consumer habits.
Trend: Increasing
Relevance: High
Legal Factors
Product Safety Regulations
Description: Manufacturers of skateboards must comply with safety regulations that govern product design and manufacturing processes. Recent updates to safety standards have increased scrutiny on product safety in the industry.
Impact: Compliance with product safety regulations is essential to avoid legal repercussions and ensure consumer safety. Non-compliance can lead to product recalls, financial losses, and damage to brand reputation, making it critical for manufacturers to prioritize safety measures.
Trend Analysis: The trend towards stricter product safety regulations has been increasing, with a high level of certainty regarding their impact on the industry. This trend is driven by consumer advocacy and high-profile safety incidents that have raised awareness.
Trend: Increasing
Relevance: HighIntellectual Property Laws
Description: Intellectual property laws play a significant role in protecting innovations and designs in the skateboard manufacturing industry. Recent developments in IP enforcement have heightened the importance of protecting proprietary designs and technologies.
Impact: Strong intellectual property protections can encourage innovation and investment in new product development. However, manufacturers must also navigate potential legal challenges related to IP infringement, which can lead to costly litigation and operational disruptions.
Trend Analysis: The trend towards stronger enforcement of intellectual property laws has been increasing, with a high level of certainty regarding its impact on the industry. This trend is driven by the need to protect innovation and maintain competitive advantages in a rapidly evolving market.
Trend: Increasing
Relevance: High
Economical Factors
Sustainability Practices
Description: There is a growing emphasis on sustainability within the skateboard manufacturing industry, driven by consumer demand for environmentally friendly products. This includes the use of sustainable materials and eco-friendly manufacturing processes.
Impact: Adopting sustainable practices can enhance brand loyalty and attract environmentally conscious consumers. However, transitioning to sustainable methods may involve significant upfront costs and operational changes, which can be challenging for some manufacturers.
Trend Analysis: The trend towards sustainability has been steadily increasing, with a high level of certainty regarding its future trajectory. This shift is supported by consumer preferences and regulatory pressures for more sustainable production methods.
Trend: Increasing
Relevance: HighClimate Change Impact
Description: Climate change poses risks to the skateboard manufacturing industry, particularly concerning the sourcing of raw materials. Changes in climate patterns can affect the availability and quality of materials used in skateboard production.
Impact: The effects of climate change can lead to increased costs and supply chain disruptions, impacting production and pricing strategies. Manufacturers may need to invest in adaptive strategies to mitigate these risks, affecting long-term sustainability and operational efficiency.
Trend Analysis: The trend of climate change impacts is increasing, with a high level of certainty regarding its effects on various industries, including manufacturing. This trend is driven by scientific consensus and observable changes in environmental conditions, necessitating proactive measures from industry stakeholders.
Trend: Increasing
Relevance: High
Value Chain Analysis for NAICS 339920-22
An in-depth look at the Skateboards & Equipment (Manufacturing) industry's value chain, highlighting its role, key activities, and efficiency strategies, along with its unique value drivers and competitive strengths.
Value Chain Position
Category: Component Manufacturer
Value Stage: Intermediate
Description: This industry operates as a component manufacturer, focusing on the production of skateboards and related equipment. It transforms raw materials into finished products that are essential for the skateboarding community, ensuring quality and performance.
Upstream Industries
Wood Container and Pallet Manufacturing- NAICS 321920
Importance: Critical
Description: Manufacturers rely on wood suppliers for high-quality plywood and hardwood, essential for crafting skateboard decks. The quality of wood directly influences the durability and performance of the final product, making this relationship vital.Plastics Pipe and Pipe Fitting Manufacturing - NAICS 326122
Importance: Important
Description: Plastic components, such as wheels and grip tape, are sourced from plastic manufacturers. These materials contribute to the overall performance and safety of skateboards, with quality standards ensuring they can withstand rigorous use.Metal Tank (Heavy Gauge) Manufacturing- NAICS 332420
Importance: Supplementary
Description: Metal parts, including trucks and hardware, are sourced from metal manufacturers. These components are crucial for the structural integrity of skateboards, and the relationship focuses on ensuring that metal parts meet specific strength and weight requirements.
Downstream Industries
Direct to Consumer
Importance: Critical
Description: Skateboard manufacturers sell directly to consumers through online platforms and specialty shops. This relationship allows for immediate feedback on product performance and quality, fostering brand loyalty and customer satisfaction.Sporting and Recreational Goods and Supplies Merchant Wholesalers - NAICS 423910
Importance: Important
Description: Wholesalers distribute skateboards and equipment to retail outlets, expanding market reach. The quality of products impacts retailers' sales and customer satisfaction, making this relationship significant for maintaining brand reputation.Institutional Market
Importance: Supplementary
Description: Schools and recreational centers purchase skateboards for programs and events. The quality and safety of the equipment are paramount, influencing the purchasing decisions of institutional buyers.
Primary Activities
Inbound Logistics: Receiving processes involve careful inspection of raw materials such as wood, plastic, and metal. Storage practices include maintaining optimal conditions to prevent damage, while quality control measures ensure that all inputs meet industry standards. Challenges such as supply chain disruptions are addressed through diversified sourcing strategies.
Operations: Core processes include cutting, shaping, and assembling skateboard decks, wheels, and hardware. Quality management practices involve rigorous testing of finished products for durability and performance. Industry-standard procedures include adhering to safety regulations and using precision machinery for consistent output.
Outbound Logistics: Distribution methods include shipping products directly to retailers and consumers using reliable logistics partners. Quality preservation during delivery is ensured through protective packaging and careful handling. Common practices involve tracking shipments to maintain transparency with customers.
Marketing & Sales: Marketing approaches often leverage social media and skateboarding events to engage with the community. Customer relationship practices focus on building a brand identity that resonates with skateboarders. Sales processes typically include direct engagement through online platforms and partnerships with skate shops.
Support Activities
Infrastructure: Management systems include production scheduling software that optimizes manufacturing processes. Organizational structures often consist of small to medium-sized enterprises that foster innovation and agility. Planning systems are essential for aligning production with market demand and trends.
Human Resource Management: Workforce requirements include skilled labor for manufacturing and design roles. Training and development approaches focus on enhancing technical skills and knowledge of skateboarding culture. Industry-specific skills include familiarity with materials and manufacturing techniques.
Technology Development: Key technologies include CNC machines for precision cutting and CAD software for design. Innovation practices focus on developing new materials and designs that enhance performance. Industry-standard systems often involve continuous improvement methodologies to refine production processes.
Procurement: Sourcing strategies involve establishing long-term relationships with reliable suppliers for consistent quality. Supplier relationship management is critical for ensuring timely delivery of materials, while purchasing practices emphasize cost-effectiveness and sustainability.
Value Chain Efficiency
Process Efficiency: Operational effectiveness is measured through production output and defect rates. Common efficiency measures include tracking cycle times and labor costs to optimize profitability. Industry benchmarks are established based on production capacity and quality standards.
Integration Efficiency: Coordination methods involve regular communication between production, marketing, and sales teams to align on product launches and customer feedback. Communication systems often include project management tools for real-time updates on production status and market trends.
Resource Utilization: Resource management practices focus on minimizing waste during production and optimizing material usage. Optimization approaches may involve lean manufacturing techniques to enhance efficiency, adhering to industry standards for sustainability.
Value Chain Summary
Key Value Drivers: Primary sources of value creation include high-quality materials, innovative designs, and strong brand loyalty. Critical success factors involve maintaining product quality and responsiveness to market trends, ensuring customer satisfaction.
Competitive Position: Sources of competitive advantage include the ability to innovate rapidly and establish a strong brand presence in the skateboarding community. Industry positioning is influenced by trends in skateboarding culture and consumer preferences, impacting market dynamics.
Challenges & Opportunities: Current industry challenges include fluctuating material costs and competition from low-cost manufacturers. Future trends may involve increased demand for eco-friendly products, presenting opportunities for manufacturers to differentiate themselves through sustainable practices and innovative designs.
SWOT Analysis for NAICS 339920-22 - Skateboards & Equipment (Manufacturing)
A focused SWOT analysis that examines the strengths, weaknesses, opportunities, and threats facing the Skateboards & Equipment (Manufacturing) industry within the US market. This section provides insights into current conditions, strategic interactions, and future growth potential.
Strengths
Industry Infrastructure and Resources: The manufacturing sector benefits from a well-established infrastructure, including specialized production facilities and distribution networks that enhance operational efficiency. This strong infrastructure supports the industry's ability to meet consumer demand and adapt to market changes, with many companies investing in modern equipment to improve productivity and reduce waste.
Technological Capabilities: The industry possesses significant technological advantages, including advanced manufacturing processes and proprietary techniques that enhance product quality. Companies often hold patents for innovative designs and materials, which contribute to a moderate level of innovation and competitiveness in the market.
Market Position: The industry maintains a strong market position within the broader sporting goods sector, characterized by a loyal customer base and brand recognition. This competitive strength is bolstered by the growing popularity of skateboarding as a recreational activity, although companies must continuously innovate to stay ahead of emerging trends.
Financial Health: Financial performance across the industry is generally strong, with many manufacturers reporting stable revenue growth and healthy profit margins. The financial health is supported by consistent demand for skateboards and related equipment, although fluctuations in raw material prices can impact profitability.
Supply Chain Advantages: The industry enjoys robust supply chain networks that facilitate efficient procurement of materials and distribution of finished products. Strong relationships with suppliers and logistics providers enhance operational efficiency, allowing companies to respond quickly to market demands and reduce costs.
Workforce Expertise: The labor force in this industry is skilled and knowledgeable, with many workers having specialized training in manufacturing processes and quality control. This expertise contributes to high product standards and operational efficiency, although there is a need for ongoing training to keep pace with technological advancements.
Weaknesses
Structural Inefficiencies: Some manufacturers face structural inefficiencies due to outdated production equipment or inadequate facility layouts, leading to increased operational costs. These inefficiencies can hinder competitiveness, particularly when compared to more modernized operations.
Cost Structures: The industry grapples with rising costs associated with raw materials, labor, and compliance with safety regulations. These cost pressures can squeeze profit margins, necessitating careful management of pricing strategies and operational efficiencies.
Technology Gaps: While some companies are technologically advanced, others lag in adopting new manufacturing technologies. This gap can result in lower productivity and higher operational costs, impacting overall competitiveness in the market.
Resource Limitations: The industry is vulnerable to fluctuations in the availability of raw materials, particularly due to supply chain disruptions and environmental factors. These resource limitations can disrupt production schedules and impact product availability.
Regulatory Compliance Issues: Navigating the complex landscape of manufacturing regulations poses challenges for many companies. Compliance costs can be significant, and failure to meet regulatory standards can lead to penalties and reputational damage.
Market Access Barriers: Entering new markets can be challenging due to established competition and regulatory hurdles. Companies may face difficulties in gaining distribution agreements or meeting local regulatory requirements, limiting growth opportunities.
Opportunities
Market Growth Potential: There is significant potential for market growth driven by increasing consumer interest in skateboarding and related activities. The trend towards outdoor and action sports presents opportunities for companies to expand their offerings and capture new market segments.
Emerging Technologies: Advancements in materials science and manufacturing technologies offer opportunities for enhancing product performance and sustainability. These technologies can lead to increased efficiency and reduced environmental impact, appealing to eco-conscious consumers.
Economic Trends: Favorable economic conditions, including rising disposable incomes and increased participation in recreational activities, support growth in the skateboarding equipment market. As consumers prioritize leisure and fitness, demand for skateboards and accessories is expected to rise.
Regulatory Changes: Potential regulatory changes aimed at promoting safety standards and environmental sustainability could benefit the industry. Companies that adapt to these changes by enhancing product safety and sustainability may gain a competitive edge.
Consumer Behavior Shifts: Shifts in consumer preferences towards active lifestyles and eco-friendly products create opportunities for growth. Companies that align their product offerings with these trends can attract a broader customer base and enhance brand loyalty.
Threats
Competitive Pressures: Intense competition from both domestic and international players poses a significant threat to market share. Companies must continuously innovate and differentiate their products to maintain a competitive edge in a crowded marketplace.
Economic Uncertainties: Economic fluctuations, including inflation and changes in consumer spending habits, can impact demand for skateboarding products. Companies must remain agile to adapt to these uncertainties and mitigate potential impacts on sales.
Regulatory Challenges: The potential for stricter regulations regarding product safety and environmental impact can pose challenges for the industry. Companies must invest in compliance measures to avoid penalties and ensure product safety.
Technological Disruption: Emerging technologies in alternative recreational products could disrupt the market for skateboards and related equipment. Companies need to monitor these trends closely and innovate to stay relevant.
Environmental Concerns: Increasing scrutiny on environmental sustainability practices poses challenges for the industry. Companies must adopt sustainable practices to meet consumer expectations and regulatory requirements.
SWOT Summary
Strategic Position: The industry currently enjoys a strong market position, bolstered by robust consumer demand for skateboarding products. However, challenges such as rising costs and competitive pressures necessitate strategic innovation and adaptation to maintain growth. The future trajectory appears promising, with opportunities for expansion into new markets and product lines, provided that companies can navigate the complexities of regulatory compliance and supply chain management.
Key Interactions
- The strong market position interacts with emerging technologies, as companies that leverage new manufacturing techniques can enhance product quality and competitiveness. This interaction is critical for maintaining market share and driving growth.
- Financial health and cost structures are interconnected, as improved financial performance can enable investments in technology that reduce operational costs. This relationship is vital for long-term sustainability.
- Consumer behavior shifts towards active lifestyles create opportunities for market growth, influencing companies to innovate and diversify their product offerings. This interaction is high in strategic importance as it drives industry evolution.
- Regulatory compliance issues can impact financial health, as non-compliance can lead to penalties that affect profitability. Companies must prioritize compliance to safeguard their financial stability.
- Competitive pressures and market access barriers are interconnected, as strong competition can make it more challenging for new entrants to gain market share. This interaction highlights the need for strategic positioning and differentiation.
- Supply chain advantages can mitigate resource limitations, as strong relationships with suppliers can ensure a steady flow of raw materials. This relationship is critical for maintaining operational efficiency.
- Technological gaps can hinder market position, as companies that fail to innovate may lose competitive ground. Addressing these gaps is essential for sustaining industry relevance.
Growth Potential: The growth prospects for the industry are robust, driven by increasing consumer demand for skateboarding and related products. Key growth drivers include the rising popularity of action sports, advancements in manufacturing technologies, and favorable economic conditions. Market expansion opportunities exist in both domestic and international markets, particularly as consumers seek out recreational activities. However, challenges such as resource limitations and regulatory compliance must be addressed to fully realize this potential. The timeline for growth realization is projected over the next five to ten years, contingent on successful adaptation to market trends and consumer preferences.
Risk Assessment: The overall risk level for the industry is moderate, with key risk factors including economic uncertainties, competitive pressures, and supply chain vulnerabilities. Industry players must be vigilant in monitoring external threats, such as changes in consumer behavior and regulatory landscapes. Effective risk management strategies, including diversification of suppliers and investment in technology, can mitigate potential impacts. Long-term risk management approaches should focus on sustainability and adaptability to changing market conditions. The timeline for risk evolution is ongoing, necessitating proactive measures to safeguard against emerging threats.
Strategic Recommendations
- Prioritize investment in advanced manufacturing technologies to enhance efficiency and product quality. This recommendation is critical due to the potential for significant cost savings and improved market competitiveness. Implementation complexity is moderate, requiring capital investment and training. A timeline of 1-2 years is suggested for initial investments, with ongoing evaluations for further advancements.
- Develop a comprehensive sustainability strategy to address environmental concerns and meet consumer expectations. This initiative is of high priority as it can enhance brand reputation and compliance with regulations. Implementation complexity is high, necessitating collaboration across the supply chain. A timeline of 2-3 years is recommended for full integration.
- Expand product lines to include eco-friendly and innovative skateboard designs in response to shifting consumer preferences. This recommendation is important for capturing new market segments and driving growth. Implementation complexity is moderate, involving market research and product development. A timeline of 1-2 years is suggested for initial product launches.
- Enhance regulatory compliance measures to mitigate risks associated with non-compliance. This recommendation is crucial for maintaining financial health and avoiding penalties. Implementation complexity is manageable, requiring staff training and process adjustments. A timeline of 6-12 months is recommended for initial compliance audits.
- Strengthen supply chain relationships to ensure stability in raw material availability. This recommendation is vital for mitigating risks related to resource limitations. Implementation complexity is low, focusing on communication and collaboration with suppliers. A timeline of 1 year is suggested for establishing stronger partnerships.
Geographic and Site Features Analysis for NAICS 339920-22
An exploration of how geographic and site-specific factors impact the operations of the Skateboards & Equipment (Manufacturing) industry in the US, focusing on location, topography, climate, vegetation, zoning, infrastructure, and cultural context.
Location: Manufacturing operations are concentrated in regions with a strong skateboarding culture, such as California, particularly in areas like Los Angeles and San Diego. These locations provide access to a large consumer base and a skilled workforce familiar with the industry. Proximity to major transportation routes facilitates the distribution of products to retailers and consumers across the country. Additionally, regions with favorable business climates and supportive local regulations enhance operational efficiency for manufacturers.
Topography: The industry benefits from flat, accessible land that accommodates large manufacturing facilities and warehouses. Coastal areas, such as those in California, provide ideal conditions for manufacturing due to their flat terrain and proximity to shipping ports. However, manufacturers must consider potential challenges posed by coastal erosion and flooding, which can impact facility operations. The ability to construct large-scale production facilities is crucial for meeting demand in this competitive market.
Climate: Manufacturing operations are influenced by climate conditions, particularly in regions with mild temperatures that allow for year-round production. In California, the warm climate reduces heating costs during winter months, while also minimizing weather-related disruptions. However, manufacturers must adapt to seasonal variations, such as increased humidity during summer, which can affect material storage and production processes. Effective climate control systems are essential to maintain product quality and operational efficiency.
Vegetation: Local vegetation can impact manufacturing operations, particularly in terms of environmental compliance and land use regulations. Manufacturers must adhere to regulations regarding the management of natural habitats and potential impacts on local ecosystems. In regions with dense vegetation, such as parts of California, manufacturers may need to implement vegetation management practices to ensure compliance with environmental standards while maintaining operational efficiency.
Zoning and Land Use: Manufacturing facilities must comply with local zoning regulations that designate areas for industrial use. These regulations often dictate the types of activities allowed, including manufacturing processes and waste management practices. Specific permits are required for operations that involve the use of chemicals or materials that may impact the environment. Regional variations in zoning laws can affect the location and expansion of manufacturing facilities, necessitating careful planning and compliance with local ordinances.
Infrastructure: Robust infrastructure is critical for manufacturing operations, including access to transportation networks for efficient distribution of products. Facilities require reliable utilities, such as electricity and water, to support production processes. Manufacturers often rely on advanced communication systems to coordinate operations and manage supply chains effectively. Proximity to major highways and ports enhances logistical capabilities, allowing for timely delivery of raw materials and finished products.
Cultural and Historical: The skateboarding culture has deep historical roots in regions like California, where community acceptance of manufacturing operations is generally high. Local communities often support manufacturers due to their contributions to the economy and job creation. However, manufacturers must remain sensitive to community concerns regarding noise and environmental impacts. Engaging with local stakeholders and participating in community initiatives can foster positive relationships and enhance the industry's reputation.
In-Depth Marketing Analysis
A detailed overview of the Skateboards & Equipment (Manufacturing) industry’s market dynamics, competitive landscape, and operational conditions, highlighting the unique factors influencing its day-to-day activities.
Market Overview
Market Size: Medium
Description: This industry focuses on the manufacturing of skateboards and related equipment, including skateboard decks, wheels, trucks, bearings, grip tape, and hardware. Operations involve the transformation of raw materials such as wood, plastic, and metal into finished products through various production methods.
Market Stage: Growth. The industry is experiencing growth as skateboarding gains popularity among various age groups, supported by increased participation in recreational activities and the inclusion of skateboarding in competitive events like the Olympics.
Geographic Distribution: Regional. Manufacturing facilities are often located near urban centers with strong skateboarding communities, such as California and the Pacific Northwest, to facilitate distribution and access to target markets.
Characteristics
- Diverse Material Utilization: Manufacturers employ a variety of materials, including high-quality wood for decks, durable plastics for wheels, and metals for trucks, ensuring products meet the performance and safety standards expected by consumers.
- Customization and Personalization: Many manufacturers offer customization options for skateboards, allowing consumers to choose designs, colors, and components, which enhances customer engagement and satisfaction.
- Focus on Quality Control: Quality assurance processes are critical, with manufacturers implementing rigorous testing for durability and performance to ensure that products can withstand the demands of skateboarding.
- Seasonal Production Cycles: Production often ramps up in spring and summer months, aligning with peak skateboarding activity, requiring manufacturers to manage inventory and workforce effectively during these periods.
Market Structure
Market Concentration: Fragmented. The market is characterized by a large number of small to medium-sized manufacturers, with few dominant players, allowing for a diverse range of products and innovation.
Segments
- Complete Skateboards: Manufacturers produce fully assembled skateboards, catering to beginners and casual riders, which require streamlined production processes and efficient supply chain management.
- Skateboard Components: This segment focuses on producing individual components such as decks, wheels, and trucks, allowing for aftermarket sales and customization, which is a significant revenue stream.
- Specialty Skateboarding Gear: Manufacturers also create specialized equipment, including protective gear and accessories, which complements the core skateboard products and enhances overall sales.
Distribution Channels
- Direct Sales to Retailers: Manufacturers often sell directly to skate shops and sporting goods retailers, ensuring better margins and control over product placement in stores.
- Online Sales Platforms: E-commerce has become increasingly important, with manufacturers utilizing their websites and third-party platforms to reach a broader audience and facilitate direct-to-consumer sales.
Success Factors
- Innovation in Design: Continuous innovation in skateboard design and technology is crucial for attracting consumers, with manufacturers investing in research and development to stay competitive.
- Strong Brand Loyalty: Building a strong brand presence and community engagement through sponsorships and events is essential for maintaining customer loyalty in a competitive market.
- Efficient Supply Chain Management: Effective management of the supply chain, from raw material procurement to distribution, is vital for meeting consumer demand and minimizing production costs.
Demand Analysis
- Buyer Behavior
Types: Primary buyers include individual skateboarders, parents purchasing for children, and retailers seeking to stock popular brands and products. Each segment has distinct purchasing patterns based on trends and seasonal activities.
Preferences: Buyers prioritize quality, brand reputation, and product performance, often seeking recommendations from peers and online reviews before making purchases. - Seasonality
Level: High
The industry experiences significant seasonal demand, with sales peaking in spring and summer months, leading manufacturers to adjust production schedules and inventory levels accordingly.
Demand Drivers
- Youth Culture and Trends: The popularity of skateboarding among youth drives demand, influenced by social media trends, celebrity endorsements, and skateboarding events that promote the sport.
- Increased Participation in Action Sports: As more individuals engage in action sports, the demand for skateboards and related equipment rises, supported by the growth of skate parks and recreational facilities.
- Seasonal Demand Fluctuations: Demand typically peaks during warmer months when outdoor activities increase, necessitating manufacturers to prepare for seasonal production adjustments.
Competitive Landscape
- Competition
Level: High
The industry faces intense competition among numerous manufacturers, with companies competing on product quality, price, and brand loyalty, making differentiation crucial for success.
Entry Barriers
- Brand Recognition and Loyalty: New entrants must overcome established brand loyalty, which requires significant marketing efforts and time to build a customer base.
- Capital Investment for Equipment: Initial investments in manufacturing equipment and technology can be substantial, posing a barrier for smaller startups looking to enter the market.
- Distribution Network Development: Establishing effective distribution channels and relationships with retailers is essential, which can be challenging for new companies without prior industry connections.
Business Models
- Direct-to-Consumer Sales: Some manufacturers focus on selling directly to consumers through online platforms, allowing for higher margins and direct engagement with their customer base.
- Wholesale Distribution to Retailers: Many companies operate on a wholesale model, supplying products to retailers, which requires strong relationships and effective inventory management.
Operating Environment
- Regulatory
Level: Low
The industry faces minimal regulatory oversight, primarily focusing on product safety standards and compliance with consumer protection laws. - Technology
Level: Moderate
Manufacturers utilize various technologies in production, including CNC machines for precision cutting and automated assembly lines to enhance efficiency. - Capital
Level: Moderate
Capital requirements are moderate, with investments needed for manufacturing equipment, raw materials, and marketing efforts to establish brand presence.
NAICS Code 339920-22 - Skateboards & Equipment (Manufacturing)
We now have complete information to process your request
Your dedicated data specialist is researching your target and will provide an industry report for your review shortly
What's Next?
Your data specialist will assist you every step of the way
What Our Clients Say
I was able to supply NAICS/SIC codes to SICCODE.com, who provided a numerical total of their lists for each code. They provided also a sample list for me to judge the content and accuracy. Their Business Data Specialist sent then refined lists that allowed me to target my audience. They are professional and able to understand their products in great detail. I recommend them to anyone who wants to focus a targeted sales/marketing campaign.
