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Alternative Sports Market Expected to Grow Faster According to New Research Report 2027

06-22-2020 08:40 AM CET | Sports

Press release from: Allied Market Research

Alternative Sports Market

Alternative Sports Market

The alternative sports market includes sports events other than the dominant and more common sports, which include football, basketball, tennis, baseball, and other sports. Alternative sports include skating, surfing, snowboarding, mountain biking, and others. These sports initially existed outside formal sports organizations and participants people who, for one reason or another, did not fit into the world of traditional sports. The best known alternative sporting events are ESPNs annual X Games and Winter X Games, which feature an array of sports including skateboarding, snowboarding, inline skating, motocross, bicycle motocross (BMX), ski boarding, and snow mountain biking.

Increase in public and privately funded skateboard parks, which can now be found in many cities and towns drive the market growth. Ski resorts now cater to snowboarders by building terrain parks, provide corporate sponsorships, and media performances. Growth in the market is anticipated on account of increase in population, rise in disposable income, integration of technology in sports equipment, and increase in participation of women in sports across the world also fuel the growth of the market. New technologies, such as 3D motion sensing are adopted to track the user movements, as well as to attract the younger, tech savvy generation to adopt alternative sports. However, the life risks involved with several alternative sports majorly restraints the market.

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Key Benefits
• The study provides an in-depth analysis of the alternative sports market with current and future trends to elucidate the imminent investment pockets in the market.
• Current and future trends are outlined to determine the overall attractiveness and to single out profitable trends to gain a stronger foothold in the market.
• The report provides information regarding key drivers, restraints, and opportunities.
• Quantitative analysis of the current market and estimations through 2017-2023 are provided to showcase the financial caliber of the market.

Alternative Sports Market Key Segmentation

By Sports Type
• Skating
• Surfing
• Mountain Biking
• Snowboarding
• Other

By Distribution Channel
• Supermarkets and Hypermarkets
• Sports Goods Specialty Stores
• Online Retailers
• Other

By Geography
• North America
• Europe
• Asia-Pacific
• LAMEA

Key Market Players
• Diamond Equipment (U.S.)
• Tecnica Group (Italy)
• Cannondale Bicycle Corporation (U.S.)
• Quiksilver, Inc. (U.S.)
• Johnson Outdoors Inc. (U.S.)
• Skis Rossignol S.A. (France)
• The Salomon Group (U.S.)
• K2 Corporation (U.S.)
• Sk8factory (U.S.)
• Confluence Outdoor (U.S.)

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About us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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