Press release
Top Factor Driving Ski Market Growth in 2025: Ski Market Thrives On The Rise Of Recreational Activities
What market dynamics are playing a key role in accelerating the growth of the ski market?The rise in outdoor recreational actions is projected to fuel the ski market's expansion in the future. Recreational activities, which encompass pursuits for amusement, fitness, or leisure, including mastering the skill of moving, have a significant influence on market growth. Skiing, a well-liked leisure sport, offers individuals both entertainment and physical fitness while engaging them in a fantastic outdoor activity. For instance, the Outdoor Foundation, a non-profit organisation based in the US, reported in its 2023 outdoor participation trends report that the count of outdoor recreation participants climbed by 2.3% in 2022, hitting a record peak of 168.1 million. This figure equates to 55% of the American population aged 6 and above as of December 2023. As a result, the surge in recreational activities is propelling the ski market's growth.
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How will the growth rate of the ski market shape industry trends by 2034?
In the past years, there has been a consistent growth in the ski market size. The growth is expected to rise from $1.58 billion in 2024 to $1.64 billion in 2025, recording a compound annual growth rate (CAGR) of 3.8%. Such growth over the historical period is a result of the increased enthusiasm for winter sports, ramped-up tourism, enlargement of ski resorts, rise in disposable income, and an emphasis on adopting eco-friendly practices and products.
In the coming years, the ski market is predicted to experience consistent expansion. The expectation is that by 2029, it will have increased to $1.96 billion, with a compound annual growth rate (CAGR) of 4.6%. This anticipated growth during the forecast period is due to the rising popularity of leisure activities, greater demand for adventure and leisure activities, as well as heightened participation in activities like skiing and snowboarding. Key trends for the forecast period encompass the introduction of environmentally friendly products, technological innovations, strategic partnerships, sustainable product releases, and the use of lightweight bindings and integrated hike mechanisms.
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What new trends are reshaping the ski market and its opportunities?
Product innovation is becoming an increasingly prominent trend within the ski market. Several leading companies in this space are creating groundbreaking products to maintain their market dominance. For example, Fischer Sports, a sports equipment company from Austria, launched the innovative Ranger series skis, designed specifically for all mountain sports in January 2022. The Ranger series has been thoughtfully created, with a particular focus on the materials utilized in its manufacture to reduce its environmental impact. Every model boasts recycled steel edges that account for 20-25% of the material, while the top sheets are made from 50% vegetable oil-based and 10% recycled materials. Additionally, the bases are made up of a minimum of 50% recyclable material and feature a zero-waste wood core and Titanal composed of at least 80% recycled matter.
Which primary segments of the ski market are driving growth and industry transformations?
The ski market covered in this report is segmented -
1) By Product Type: Skis And Poles, Ski Boots, Ski Protective Gear And Accessories
2) By Distribution Channels: Online, Offline
3) By End-User: Men, Women, Kids
Subsegments:
1) By Skis And Poles: Alpine Skis, Cross-Country Skis, Freestyle Skis, Ski Poles
2) By Ski Boots: Alpine Ski Boots, Cross-Country Ski Boots, Freestyle Ski Boots, Adjustable Ski Boots
3) By Ski Protective Gear And Accessories: Helmets, Goggles, Knee And Elbow Pads, Ski Bags And Storage Solutions
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Which geographical regions are pioneering growth in the ski market?
North America was the largest region in the ski market in 2024. The regions covered in the ski market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the influential players reshaping the ski market landscape?
Major companies operating in the ski market include Decathlon SA, Amer Sports, Tecnica Group S.p.A, K2 Sports LLC, Fischer Beteiligungsverwaltungs GmbH, Groupe Rossignol, Head Skis, Helly Hansen, Alpina DOO, Black Diamond Equipment Ltd, Surefoot, Armada, Blizzard Sport GmbH, Scott Sports, Icelantic LLC, DPS Skis, Rottefella AS, Marker Dalbello Voelklski GmbH, Faction Skis, Kastle GmbH, Volkl, Majesty Skis, 4FRNT Skis LLC, Coalition Snow, United States Ski Pole Company, Whitedot Skis, Liberty Skis, Moment Skis, ON3P Skis, Stockli Swiss Sports AG.
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What Is Covered In The Ski Global Market Report?
• Market Size Forecast: Examine the ski market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the ski market for a structured understanding.
• Key Players Overview: Analyze major players in the ski market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the ski market.
• Segment Contributions: Evaluate how different segments drive overall growth in the ski market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the ski market.
• Industry Challenges: Identify potential risks and obstacles affecting the ski market.
• Competitive Landscape: Review strategic developments in the ski market, including expansions, agreements, and new product launches.
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