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Ski Equipment And Gear Global Market Estimated to Surge at a CAGR of 3.3% to Reach $1.8 Billion By 2028 | Decathlon SA, Amer Sports, Helly Hansen, Skis Rossignol S.A., Salomon
Ski Equipment And Gear Global Market
The ski equipment and gear market size is expected to see steady growth in the next few years. It will grow to $1.8 billion in 2028 at a compound annual growth rate (CAGR) of 3.3%. The growth in the forecast period can be attributed to rise of outdoor activities, health and wellness trends, sustainable and eco-friendly products, global sporting events, government initiatives and policies. Major trends in the forecast period include digital shopping experience, innovations in materials, technological advancements, tech-integrated gear, backcountry and off-piste gear.
Market Overview -
Ski equipment and gear refer to the various item skiers use for skiing activities. These items enhance safety, comfort, and performance while skiing.
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Surge In Outdoor Sports Activities Fuels Growth Of Ski Equipment And Gear Market
Increasing outdoor sports activities are expected to propel the growth of the ski equipment and gear market going forward. Outdoor sport refers to the sporting activities or physical exercise that occur outdoors and includes the ancillary facilities required for such activities, such as sports fields, skateboard parks, paths, and outdoor equipment. Adequately designed and well-fitted ski equipment and gear enhance performance, improve safety, and maximize enjoyment during outdoor sports activities. For instance, in June 2023, according to the Outdoor Industry Association, a US-based membership organization, the outdoor participant base increased by 2.3% in 2022 to a record 168.1 million participants, compared to 164.2 million in 2021. Therefore, the increasing number of outdoor sports activities is driving the growth of the ski equipment and gear market.
Competitive Landscape -
Major companies operating in the ski equipment and gear market report are Decathlon SA, Amer Sports, Tecnica Group S.p.A, K2 Sports LLC, Fischer Beteiligungsverwaltungs GmbH, Groupe Rossignol, Head Skis, Clarus Corp, Helly Hansen, Skis Rossignol S.A., Salomon, Alpina DOO, Black Diamond, ELAN D.O.O., Surefoot, Armada, Blizzard Sport GmbH, Icelantic LLC, Black Crows, Dynastar, Faction Skis, Kastle, Full Tilt Boots Global, ATK Bindings, Coalition Snow, Crosson Ski, Liberty Skis, Look Bindings, Stockli Swiss Sports AG, 4FRNT Skis LLC, Atomic Austria GmbH
Digital Transformation In Skiing Redefine The Market With Advanced Online Rental Services For Sustainable Ski Equipment Access
Major companies operating in the ski equipment and gear market are focused on introducing advanced solutions, such as online rental services, to gain a competitive edge in the market. Online rental services deliver rental items that are sourced from responsible clothing brands and delivered to the customer's door, with the option for the items to be picked up after use for cleaning and sterilization. For instance, in August 2021, EcoSki Limited, a UK-based ski clothing company, launched an online skiwear rental service. An online skiwear rental service is a platform that offers a convenient and sustainable way for skiers to access high-quality ski equipment, such as jackets, pants, helmets, goggles, socks, baselayers, gloves, beanies, and even avalanche equipment. These services provide convenience and a wide selection of equipment for customers.
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Key Segments -
The ski equipment and gear market covered in this report is segmented -
1) By Product: Clothing, Headgear, Ski And Poles, Footwear, Other Products
2) By Application: Male, Female, Kids
3) By Distribution Channel: Supermarkets And Hypermarkets, Convenience Stores, Online
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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