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Trends in Snowboard Equipment Market: Size, Share, Growth, Industry Demand, Forecast, Application Analysis To 2022
Fact.MR
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Significant Demand in the Sports Industry
Growing number of aspiring snowboarding athletes has led to an upsurge in demand for snowboard equipment globally. In pace with changing weather conditions, there is a surge in demand for sport equipment that are equipped with enhanced technology. Sports manufacturers are integrating advanced technology in equipment including tracker watches, heated boot liners, and other gadgets that offer convenience and safety to sportsmen.
However, several factors are impacting demand for snowboards negatively. Insufficient snow due global climatic change has led to significant drop in snowboarding participation. According to NGA, an average of 6.8 million skiers, and 5 million snowboarders participated in the sports between the year 2010 and 2013.
Speciality Store to Represent a Leading Segment
Split board is expected to represent the highest growth in terms of revenue in the global market. This segment is expected to represent a value of over US$ 10 Mn in the global snowboards equipment market by the end of 2022. Snowboard binding is expected to represent the second highest growth in terms of revenue in the global market through 2022. North America is expected to represent the largest market for snowboard equipment products globally. Men’s snowboard boots is expected to witness the highest CAGR growth in the global market, followed by split board and kid’s snowboard boots.
Speciality store is expected to represent the highest growth in terms of revenue in the global market. This segment is expected to represent a value of over US$ 20 Mn in the global snowboard equipment market by the end of 2017. Online sales channel is expected to represent the second highest growth in terms of revenue in 2017. Sales of snowboard equipment products is expected to remain high in North America. Speciality stores is expected to witness the highest CAGR growth in the global market, followed by direct sales.
Competitive Tracking
Leading market players operating in the global snowboard equipment market include Amer Sports Corporation, Emsco Group, Inc, Skis Rossignol SAS, Gilson Boards, LLC, Newell Brands Inc, Zion Snow Boards, Head NV, and Academy Snowboard Co. Inc.
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Table of Contents:
Global Snowboard Equipment Market – Executive Summary
Global Snowboard Equipment Market Overview
2.1. Introduction
2.1.1. Global Snowboard Equipment Market Taxonomy
2.1.2. Global Snowboard Equipment Market Definition
2.2. Global Snowboard Equipment Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Snowboard Equipment Market Y-o-Y Growth
2.3. Global Snowboard Equipment Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Trends
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Raw Material Sourcing Strategy and Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region
Global Snowboard Equipment Market Analysis and Forecast By Product Type
3.1. Global Snowboard Equipment Market Size and Forecast By Product Type, 2012-2022
3.1.1. Snowboard Bindings Snowboard Equipment Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
Continued….
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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Sports market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.
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