Press release
Ski Gear Market Future Growth with Current Trends Analysis 2017-2025
The report analyzes and presents an overview of "Ski Gear Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025" worldwide.The main objective of this report is to define, describe, and forecast the global “Ski Gear” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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Skiing has a history of nearly five millennia. The roots of modern skiing can be traced to Scandinavia. According to ancient paintings, skiing may have been practiced in China since more than 100 centuries. Asymmetrical skis were used until the late 19th century, at least in Sweden, and northern Finland. Skiing is usually a competitive winter sport, or a recreational activity, in which the contestants use skis to skate on snow. Skiing, sometimes, can be employed as a means of transport. Various skiing sports or activities are acknowledged by the International Olympic Committee, and International Ski Federation.
The global ski gear market can be segregated based on application, product, end-user, and region. Based on product, the ski gear market can be classified into ski boots, skis & snowboard, ski apparel, ski protection, and others. Skis & snowboards hold a significant share of the ski gear market in North America and Europe. In terms of application, the ski gear market can be classified into telemark, alpine, nordic, and others. Based on end-user, the ski gear market can be segmented into men, women, and kids. In terms of region, the ski gear market can be divided into Asia Pacific, North America, Europe, Middle East & Africa, and South America.
Demand for ski gear is anticipated to rise due to increasing ski infrastructure, rising usage of helmets, and increasing number of initiatives to boost the participation in skiing. The number of people pursuing skiing as a recreation is more than the number of professional skiers. The regulation of wearing protective gear such as helmet is not mandatory for recreational players. However, there is a significant rise in the number of skiers using helmets. For instance, in Canada, the usage of helmets has increased to 85% in 2015 from 30% in 2003. Awareness regarding serious head injuries caused due to skiing is prompting the usage of helmets across the globe. Infrastructure for skiing is being developed all over the world, as it encourages tourism and thus, helps the economy of a country to grow. Countries such as South Korea and China have already started developing skiing infrastructure for the forthcoming ‘Winter Olympics 2018’ and ‘Winter Olympics 2022’, respectively. Europe as well as Asia are witnessing an increase in the development of skiing infrastructure.
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Therefore, large-scale development of infrastructure for skiing is driving individuals to participate in skiing sports, which in turn, is anticipated to boost the ski gear market in the near future. Countries across the world, which experience snowfall are implementing various initiatives to boost skiing as a recreational activity or sport. This is because the skiing industry is likely to propel the economy of the country. Governments and resorts are also hosting various initiatives and sports-related to skiing in order to increase contribution in the sport. All the factors mentioned above are expected to fuel the ski gear market. The difference in cultures and traditions in various regions such as North America, Europe, Asia Pacific, and Middle East & Africa is anticipated to hinder the ski gear market. Furthermore, varying prices of ski gears and safety issues related to skiing sports are projected to hinder the ski gear market.
The ski gear market is expected to expand at a significant pace in the near future. Key players operating in the ski gear market include Burton Snowboards, Atomic, , Uvex, DC Shoes, Inc., Rossignol, Salomon S.A.S., Head, Swix sport AS , Fischer Sports GmbH, Mammut, Volkl Int. GmbH, Dolomite, Lange, K2 Sports, LLC, Black Diamond Equipment, Dynastar, Volcom LLC, Amer Sports, Newell Brands, , and Franklin Sports, . The ski gear manufacturers launch exciting offers and add new products to their portfolio in order to promote and adopt innovative marketing strategies to attract customers and enhance their customer base.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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