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Splendid Growth Expected in Ice Skating Equipment Market: Key Insights and Market Size Forecast till 2029
Ice Skating Equipment Market Share
What Is The Projected Market Size Of The Global Ice Skating Equipment Market And Its Growth Rate?
• The market size is projected to grow from $7.54 billion in 2024 to $8.25 billion in 2025, with a CAGR of 9.5%.
• The strong historical growth can be attributed to the evolution of ice skate design, increasing influence of professional competitions, recreational ice skating activities, economic prosperity and increasing disposable income levels, and fashion trends in ice skating apparel.
• Latest predictions say the market size will grow to $11.99 billion in 2029, with a CAGR of 9.8%, due to the accessibility of ice skating lessons and training programs, winter tourism, expanding indoor and outdoor skating facilities, customization of ice skating gear, and a rise in figure skating and ice dance activities.
What Is Driving The Growth In The Ice Skating Equipment Market?
The surge in popularity of ice-skating sports is a major driver for the growth of the ice-skating equipment market. These sports activities, performed on ice surfaces using ice skates, require high-quality equipment to ensure skater's performance, comfort, and safety. The increased registration of skaters with governing bodies, with more than 180,000 skaters registered with U.S. Figure Skating, is a testimony to the growing popularity of ice-skating sports. It's these increasing numbers, along with club associations rising to more than 700, that are driving significant growth in the ice-skating equipment market.
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Who Are the Key Players Driving Ice Skating Equipment Market Growth?
• Decathlon SA
• Mizuno Corporation
• Tecnica Group S.p.A
• K2 Sports LLC
• Wilson Skates
• Bauer Hockey Inc
• Reebok-CCM Hockey Inc
• Riedell Shoe Inc
• Rollerblade Inc
• Easton Hockey Inc
• EDEA srl
• Mondor Skating
• A and R Sports
• MK Blades
• Roces S.p.A
What Are The Key Trends In The Ice Skating Equipment Market?
• Technological advancements in ice rink maintenance
• Innovation in materials for lighter and more durable skates
• Integration of smart technologies in ice skating equipment
• Sustainable and eco-friendly manufacturing practices
• Rise of eco-conscious and recyclable skate products
• Virtual reality (VR) training experiences for skaters
What Are The Segments Of The Global Ice Skating Equipment Market?
• Accessories, Apparel, Figure Skates, Hockey Skates, Racing Skates, Recreational Skates
• Sporting Goods Retailers, Hypermarkets and Supermarkets, Department Stores, Online Retail Stores
• Professional Users, Personal or Recreational Users, Sports Trainers
Which Region Leads The Ice Skating Equipment Market?
North America was the largest region in the ice-skating equipment market in 2024. However, Asia-Pacific is expected to be the fastest-growing region in the forecast period due to its expanding winter tourism market and increasing disposable income levels that are fueling greater interest in recreational and professional ice-skating.
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What Is Covered In The Ice Skating Equipment Market Global Market Report?
• Market Size Analysis
• Market Segmentation Analysis
• Key Player Focus
• Growth Trends Analysis
• Market Contribution
• Growth Drivers
• Industry Challenges
• Competitive Developments
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