Press release
Leading Element Driving Change in the Ice Skating Equipment Market in 2025: The Surge In Ice Skating Popularity Propelling Growth In The Ice-Skating Equipment Market Driver
How Are the key drivers contributing to the expansion of the ice skating equipment market?The growth of the ice-skating equipment market is anticipated to surge due to the rising popularity of ice-skating sports. These sports constitute various athletic activities performed using ice skates on icy surfaces. The equipment used in ice skating plays a significant role, as it directly affects the performance, comfort, and safety of the skater. The equipment is also used to improve balance, stability, grip, execution, preservation, and care in ice-skating sports. For example, according to U.S. figure skating, a governing entity for figure skating sports based in the US, the U.S. Synchronized Skating Championships in Colorado Springs in 2022 drew 93 teams. Over 90 years, the number of skaters registered with U.S. figure skating has grown to more than 180,000, and club associations have increased to over 700. Hence, the escalating popularity of ice-skating sports propels the growth of ice-skating equipment.
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What growth opportunities are expected to drive the ice skating equipment market's CAGR through 2034?
The market for ice skating equipment has exhibited robust growth in the recent past. The market value, which was $7.54 billion in 2024, is predicted to augment to $8.25 billion in 2025, registering a compound annual growth rate (CAGR) of 9.5%. The growth experienced during the historic period can be credited to advancements in ice skate design and technology, the impact of professional ice skating contests, an increase in recreational ice skating activities, a flourishing economy and elevated disposable income levels, as well as trends in ice skating clothing.
In the coming years, the market for ice skating equipment is predicted to experience significant growth, expanding to a market size of $11.99 billion in 2029 with a 9.8% compound annual growth rate (CAGR). The growth over the forecasted period can be linked to factors such as the availability of ice skating lessons and training programs, a rise in winter tourism and seasonal equipment demand, an increase in indoor and outdoor ice rink facilities, customization and personalization options for skating gear, and a growing interest in figure skating and ice dancing. Some key trends during this forecasted period include advancements in technology for maintaining ice rinks, innovative materials being used for lighter, more durable skates, the inclusion of smart technologies in skating gear, eco-friendly production methods, increasing availability of recyclable skate products, and the emergence of virtual reality training for skaters.
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What are the emerging trends shaping the future of the ice skating equipment market?
Significant technological progress is an emerging trend in the world of ice-skating equipment. To maintain their market dominance, major firms in this sector are leaning towards modern technology. For example, Alien Kinetics LLC, a sports goods manufacturer based in Canada, introduced innovative off-ice training technology known as Driblades in December 2022. The goal was to fast-track the pace at which children become balanced, robust, and self-assured skaters. Driblades for Children, an unprecedented initiative, was engineered to help kids build up their on and off-ice skating assurance. This technology offers a setup for youngsters and new skaters to amplify their on-ice skating technique off-ice. Driblades caters to skaters of different sizes.
Which growth-oriented segments of the ice skating equipment market are leading the industry's development?
The ice skating equipment market covered in this report is segmented -
1) By Type: Accessories, Apparel, Figure Skates, Hockey Skates, Racing Skates, Recreational Skates
2) By Distribution Channel: Sporting Goods Retailers, Hyper markets And Super markets, Department Stores, Online Retail Stores
3) By End-User: Professional Users, Personal Or Recreational Users, Sports Trainers
Subsegments:
1) By Accessories: Skate Blades, Blade Guards, Skate Bags, Skate Sharpeners, Helmet And Protective Gear
2) By Apparel: Skating Dresses And Outfits, Jackets And Warm-Ups, Tights And Leggings, Gloves And Headbands
3) By Figure Skates: Beginner Figure Skates, Intermediate Figure Skates, Advanced Figure Skates
4) By Hockey Skates: Youth Hockey Skates, Adult Hockey Skates, Performance Hockey Skates
5) By Racing Skates: Short Track Racing Skates, Long Track Racing Skates, Inline Racing Skates
6) By Recreational Skates: Adjustable Recreational Skates, Classic Recreational Skates, Beginner Recreational Skates
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What regions are leading the charge in the ice skating equipment market?
North America was the largest region in the ice-staking equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ice skating equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What companies are at the forefront of innovation in the ice skating equipment market?
Major companies operating in the ice skating equipment market include Decathlon SA., Mizuno Corporation, Tecnica Group S.p.A., K2 Sports LLC., Wilson Skates, Bauer Hockey Inc., Reebok-CCM Hockey Inc., Riedell Shoe Inc., Mondor Skating, Rollerblade Inc., Easton Hockey Inc., EDEA srl, A and R Sports, MK Blades, Roces S.p.A., Apex Skating Inc., Cougar Sports, Powerslide, Graf Skates AG, Absolute Athletics LLC., Jackson Ultima Skates, Statewood International Co. Ltd., Triple Power Sports Products Inc., American Athletic Shoe Co., SkatingSafe, Kinzies Closet, Ice Zone Sports Inc., Risport Skates, SP-Teri Inc.
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What Is Covered In The Ice Skating Equipment Global Market Report?
• Market Size Forecast: Examine the ice skating equipment market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the ice skating equipment market for a structured understanding.
• Key Players Overview: Analyze major players in the ice skating equipment market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the ice skating equipment market.
• Segment Contributions: Evaluate how different segments drive overall growth in the ice skating equipment market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the ice skating equipment market.
• Industry Challenges: Identify potential risks and obstacles affecting the ice skating equipment market.
• Competitive Landscape: Review strategic developments in the ice skating equipment market, including expansions, agreements, and new product launches.
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