Press release
Global Alpine Ski Equipment Market Projections & Opportunity Forecast during the Period 2017-22
A new report by FactMR projects that the global alpine ski equipment market will register a moderate expansion during the forecast period (2017-2022). Revenues from the global market for alpine ski equipment are expected to reach roughly US$ 700 Mn by 2022-end.The infrastructure of alpine skiing is witnessing rapid development across ski regions, driving economy of these regions, and promoting tourism. Huge development in skiing is being witnessed in South Korea, with an aim to support Winter Olympics in 2018. Moreover, alpine ski resorts are concentrating on extension of their facilities across well-established ski economies, such as Europe and North America. This large scale alpine skiing infrastructure development is adhering more individuals for participating in this sport. These factors will further drive the market growth in the near future.
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6 Key Estimations on Future of Global Alpine Ski Equipment Market
1. >110 mm size of alpine ski equipment is expected to remain sought-after among people around the world, accounting for over 80% revenues share of the market throughout the forecast period.
2. 70-79 mm alpine ski equipment sales are estimated to exhibit the highest CAGR in the market through 2022.
3. Sales of alpine ski equipment in online sales channel are expected to ride on a CAGR of 4.3% through 2022.
4. Specialty stores will remain the most lucrative sales channel in the global alpine ski equipment market, with sales projected to surpass revenues worth US$ 240 Mn by 2022-end.
5. On the basis of equipment type, alpine bindings will witness the fastest expansion in sales during 2017 to 2022.
6. Alpine boots, estimated to account for nearly one-third market revenue share, will continue to be the top-selling equipment in the market over the forecast period.
APEJ to Register the Highest CAGR in the Market through 2022
In terms of revenues, North America is estimated to remain the most lucrative market for alpine ski equipment. Sales of alpine ski equipment in North America are expected to reach nearly US$ 200 Mn by 2022-end. Sales of alpine ski equipment in Asia-Pacific excluding Japan (APEJ) are poised to register the highest CAGR through 2022, followed by Middle East and Africa (MEA). Europe will continue to be the second largest market for alpine ski equipment over the forecast period.
Sales of alpine bindings are projected to exhibit the highest CAGR through 2022, based on equipment type. Accounting for approximately one-third revenue share of the market, alpine boots will remain the most lucrative equipment segment in the global market, followed by all alpine skis.
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Specialty stores will continue to be the largest sales channel for alpine ski equipment, with sales estimated to exceed US$ 240 Mn in revenues by 2022-end. Online sales channel for alpine ski equipment is estimated to reflect 4.3% CAGR through 2022. On the basis of size, >110 mm alpine ski equipment will remain preferred among individuals across the globe. Revenues from this segment are anticipated to account for more than 80% share of the market during 2017 to 2022. Sales of 70-79 mm alpine ski equipment are projected to register the fastest expansion through 2022.
Sales of premium alpine ski equipment will exhibit the highest CAGR as compared to all the other price range segments through 2022. However, economy alpine ski equipment will continue to be sought-after in the market. Sales of economy alpine ski equipment will account for revenues over US$ 250 Mn by 2022-end.
Table of Contents:
1. Global Alpine Ski Equipment Market – Executive Summary
2. Global Alpine Ski Equipment Market Overview
3. Global Alpine Ski Equipment Market Analysis and Forecast By Equipment Type
4. Global Alpine Ski Equipment Market Analysis and Forecast By Sales Channel
4.1. Global Alpine Ski Equipment Market Size and Forecast By Sales Channel, 2012-2022
4.1.1. Direct Sales Alpine Ski Equipment Market Size and Forecast, 2012-2022
4.1.1.1. Revenue (US$ Mn) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. Franchised Stores Alpine Ski Equipment Market Size and Forecast, 2012-2022
4.1.2.1. Revenue (US$ Mn) Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region
5. Global Alpine Ski Equipment Market Analysis and Forecast By Size
5.1. Global Alpine Ski Equipment Market Size and Forecast By Size, 2012-2022
5.1.1.
About FactMR
FactMR 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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