Market Overview:
The ski gear and equipment market is projected to reach US$ 1,332.4 Million In 2021, with a compound annual growth rate (CAGR) of 2.9% from 2022 to 2030. Ski gear and equipment are essential for individuals participating in skiing activities. These products offer protection and enhance the overall skiing experience for users. The need for ski gear and equipment is driven by the increasing popularity of skiing as a recreational activity, as well as a rising focus on safety measures in snow sports. Ski gear and equipment provide advantages such as improved performance, durability, and comfort, contributing to the growth of the market.
Market Key Trends:
One of the key trends in the ski gear and equipment market is the growing demand for eco-friendly and sustainable products. With increasing awareness about environmental conservation, consumers are seeking products that are produced using sustainable materials and manufacturing processes. Ski gear companies are responding to this demand by introducing eco-friendly options in their product offerings. These eco-friendly ski gear and equipment are made from recycled or biodegradable materials and are designed to minimize the environmental impact. The adoption of sustainable practices and the development of eco-friendly products are expected to drive the growth of the ski gear and equipment market in the coming years.
Note: The key players in the ski gear and equipment market include Amer Sports Oyj, Black Diamond Equipment, Ltd., Coalition Snow, Fischer Beteilgungsverwaltungs GmbH, Helly Hansen, Icelantic LLC, Marker Volkl (International) Sales GmbH, Skis Rassignol S.A., The Burton Corporation, and Volcom LLC.
Segment Analysis:
The Ski Gear and Equipment Market can be segmented based on product type, distribution channel, and end-user. Based on product type, ski boots dominate the market due to their essential role in skiing. Ski boots provide the necessary support and comfort for skiers, thus making them a crucial component of ski gear. Other segments under product type include skis, ski helmets, ski bindings, ski poles, and ski goggles. Among these, skis are the second-largest segment, as they are the primary equipment used in skiing. Ski bindings are also gaining traction in the market due to advancements in technology and the increasing popularity of freestyle skiing.
In terms of distribution channel, specialty stores dominate the market. These stores offer a wide range of ski gear and equipment, providing customers with a one-stop-shop for all their skiing needs. Online channels and sporting goods stores are also significant distribution channels in this market, as they offer convenience and a wide selection of products.
The end-user segment can be further divided into men, women, and children. Currently, the men's segment dominates the market, as skiing has traditionally been more popular among men. However, the women's and children's segments are expected to witness significant growth in the coming years, as more women and families are taking up skiing as a recreational activity.
Key Takeaways:
The global ski gear and equipment market is expected to witness high growth, exhibiting a CAGR of 2.9% over the forecast period from 2022 to 2030. This growth can be attributed to several factors. Firstly, the increasing popularity of winter sports activities, such as skiing, is driving the demand for ski gear and equipment. Skiing has become a popular recreational activity and a competitive sport, leading to a surge in demand for ski gear. Additionally, the growing number of ski resorts and the rise in ski tourism further contribute to the market's growth.
From a regional perspective, North America is the fastest-growing and dominating region in the ski gear and equipment market. This can be attributed to the presence of a large number of ski resorts and the popularity of skiing as a winter sport in countries like the United States and Canada. Europe is also a significant market for ski gear and equipment, with countries like Switzerland, Austria, and France being popular skiing destinations. Asia Pacific is expected to witness substantial growth in the coming years, driven by the increasing adoption of skiing as a recreational activity in countries like China and Japan.
Key players operating in the ski gear and equipment market include Amer Sports Oyj, Black Diamond Equipment, Ltd., Coalition Snow, Fischer Beteilgungsverwaltungs GmbH, Helly Hansen, Icelantic LLC, Marker Volkl (International) Sales GmbH, Skis Rassignol S.A., The Burton Corporation, and Volcom LLC. These key players have a strong presence in the market and offer a wide range of ski gear and equipment to cater to the diverse needs of skiers.
Global Ski Gear and Equipment Market by Manufacturers, Countries, Type and Application, Forecast to 2023 Report “ Provides In-Depth Analysis Of Parent Market Trends, Macro-Economic Indicators And Governing Factors Along With Market Attractiveness As Per Segments.Introduction:Ski Gear & Equipment refers to the equipment used by a skier, which include Skis & Snowboard, Ski Boots, Ski Apparel, Ski Protection and others.Scope of the Global Ski Gear and Equipment Market ReportThis report focuses on the Ski Gear and Equipment in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa.
This report categorizes the market based on manufacturers, regions, type and application.Request a Sample of this Report @ http://www.orbisresearch.com/contacts/request-sample/2184911 The worldwide market for Ski Gear & Equipment is expected to grow at a CAGR of roughly 3.3% over the next five years, will reach 1430 million US$ in 2023, from 1180 million US$ in 2017, according to a new GIR (Global Info Research) study.Ski gear & equipment include skis, snowboard, boots, bindings, pole and apparel, helmet and goggle and other collections.
Skis and boots are the most expensive equipment.
Europe is the largest consumption market of the world with 56.29% in 2015, which take half of the market; North America behind the Europe with 20.18%, become the second largest market .China and Japan and Europe has more than 95% market of Asia.
Burton, Atomic, Rossignol, Salomon and Ficher are the top 5 manufactories of the world, the 5 companies take the lead than the others, has more than 21% of the market.
Browse the Full Report @ http://www.orbisresearch.com/reports/index/global-ski-gear-and-equipment-market-by-manufacturers-regions-type-and-application-forecast-to-2023 This report covers Analysis of Global Ski Gear and Equipment Market Segment by ManufacturersBurton Atomic Rossignol Salomon Fischer Head Swix Mammut Volkl Scott Lange K2 Sports Black Diamond Dynastar Volcom Forum Uvex DCGlobal Ski Gear and Equipment Market Segment by regional analysis covers North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Columbia etc.
