Press release
Ski Equipment And Gear Market: Steady Growth Ahead with Expected $1.92 Billion Value by 2029
Ski Equipment And Gear Market
A Close Look at the Predicted Market Size and Growth Rate of the Global Ski Equipment And Gear Market
• The ski equipment and gear market size has been growing steadily and is expected to rise from $1.57 billion in 2024 to $1.63 billion in 2025 at a compound annual growth rate (CAGR) of 3.9%.
• The market growth can be attributed to winter tourism growth, Olympic and sporting events, economic prosperity, marketing, and sponsorship, and winter sports culture.
• Furthermore, the market size is predicted to reach $1.92 billion in 2029 with a CAGR of 4.1%.
• Key drivers behind this anticipated growth include the rise of outdoor activities, health and wellness trends, sustainable and eco-friendly products, global sporting events, government initiatives, and policies.
What Is Behind The Growth Surge In The Ski Equipment And Gear Market?
The burgeoning popularity of outdoor sports activities is a key driver of the ski equipment and gear market. Outdoor sports activities need adequate facilities like sports fields, skateboard parks, paths, and outdoor equipment. Well-designed and properly fitted ski equipment and gear leads to high performance, improved safety, and enhanced pleasure during such activities. For example, a report by the Outdoor Industry Association highlights an increase in outdoor participants by 2.3% in 2022, reaching a historic high of 168.1 million. Hence, this growth in outdoor sports activities fuels the ski equipment and gear market's growth.
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Who Are the Principal Players Spurring Ski Equipment And Gear Market Growth?
The key market players include:
• 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
What Are The Emerging Trends In The Ski Equipment And Gear Market?
Key market trends include:
• Digital shopping experience
• Innovations in materials
• Technological advancements
• Tech-integrated gear
• Backcountry and off-piste gear
What Forms The Global Ski Equipment And Gear Market Segments?
The ski equipment and gear market is segmented by:
1) Product: Clothing, Headgear, Ski And Poles, Footwear, Other Products
2) Application: Male, Female, Kids
3) Distribution Channel: Supermarkets And Hypermarkets, Convenience Stores, Online
Which Region Dominates The Ski Equipment And Gear Market?
In 2024, North America led the ski equipment and gear market, and Asia-Pacific is expected to be the fastest-growing region during the forecast period. The ski equipment and gear market report covers regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What Is Covered In The Ski Equipment And Gear Market Global Market Report?
- Market Size Analysis: Analyze the Ski Equipment And Gear Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Ski Equipment And Gear Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Ski Equipment And Gear Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Ski Equipment And Gear Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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