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Strong Growth Ahead: Ice Skating Equipment Market Size To Grow At Arecord 9.8% Cagr By 2029
The Ice Skating Equipment Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].How Big Is the Ice Skating Equipment Market Size Expected to Be by 2034?
In recent years, the market size for ice skating equipment has seen robust growth. The market is projected to expand from $7.54 billion in 2024 to $8.25 billion in 2025, registering a compound annual growth rate (CAGR) of 9.5%. The growth witnessed during this historic period can be attributed to a variety of factors - advancements in ice skate design and technology, the influence of professional ice skating tournaments, an increase in recreational ice skating activities, rising economic affluence and disposable income levels, and prevailing fashion trends related to ice skating attire.
In the next few years, the ice skating equipment market is predicted to witness significant growth, expanding to $11.99 billion by 2029, with a compound annual growth rate (CAGR) of 9.8%. This growth in the prediction timeline can be associated with enhanced accessibility of ice skating lessons and training programs, the bustling winter tourism, cyclical demand for equipment, and the grow in the number of indoor and outdoor ice skating facilities. Additionally, a surge in demand for custom-made and personalized ice-skating gear along with higher engagement in figure skating and ice dance adds to it. Key trends for the forecast period encompass novelty in ice rink maintenance technology, creation of lighter and durable materials for skates, the application of intelligent technologies in ice skating equipment, and adherence to sustainable and environment-friendly manufacturing processes. Furthermore, the rise in eco-friendly and recyclable skate products and the advent of virtual reality (VR) training experiences for skaters can be seen.
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What Are the Emerging Segments Within the Ice Skating Equipment Market?
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 Long-Term Drivers Are Shaping Ice Skating Equipment Market Trends?
The escalating interest in ice-skating sports is anticipated to stimulate the expansion of the ice-skating equipment market in the future. Ice skates are utilized in a variety of athletic events that take place on icy surfaces, thus underlining the importance of ice-skating equipment in these sports. It directly influences a skater's performance, comfort, and safety, providing enhanced balance, grip, implementation, maintenance, and care. As an illustration, the U.S. Synchronized Skating Championships in Colorado Springs, as reported by U.S. figure skating, the country's official figure skating governing authority, attracted 93 teams in 2022. Over 90 years, the number of skaters registered with U.S. Figure Skating has risen to over 180,000, and the number of affiliated clubs has grown to over 700. Consequently, the rise in the popularity of ice-skating sports is fuelling the demand for ice-skating equipment.
Who Are the Top Competitors in Key Ice Skating Equipment Market Segments?
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.
What Ice Skating Equipment Market Trends Are Gaining Traction Across Different Segments?
The rising trend of technological innovation is making a significant impact on the ice-skating equipment market. Leading companies in this market are utilizing cutting-edge technologies to maintain their competitive edge. For example, Alien Kinetics LLC, a sports goods manufacturer based in Canada, introduced its pioneering Driblades off-ice training technology in December 2022. This technology, aimed at young children, was designed to accelerate their growth into stronger, more balanced and assured skaters. Driblades for Children is a novel initiative designed to enable children to improve their confidence on their skates, both on and off the ice rink. This innovation serves as an off-ice training platform for novices and young skaters to enhance their on-ice performance. Driblades can be used by skaters of all sizes.
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Which Regions Are Becoming Hubs for Ice Skating Equipment Market Innovation?
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
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Ice Skating Equipment Market?
2. What is the CAGR expected in the Ice Skating Equipment Market?
3. What Are the Key Innovations Transforming the Ice Skating Equipment Industry?
4. Which Region Is Leading the Ice Skating Equipment Market?
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