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Ice Skating Equipment Market Trends That Will Shape the Next Decade: Insights from Technological Innovations Shaping The Landscape Of The Ice-Skating Equipment Market
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.How Large Will the Ice Skating Equipment Market Size By 2025?
There has been a robust expansion in the ice skating equipment market in the preceding years. An increase from $7.54 billion in 2024 to $8.25 billion in 2025 is expected, reflecting a compound annual growth rate (CAGR) of 9.5%. The growth during the historic period can be credited to factors like the development of ice skate design and technology, the impact of professional ice skating competitions, the rise in recreational ice skating activities, economic growth and disposable income levels, and fashion trends in ice skating apparel.
How Big Is the Ice Skating Equipment Market Size Expected to Grow by 2029?
The market for ice skating equipment is projected to witness robust expansion in the near future, escalating to a value of $11.99 billion by the year 2029 at a compound annual growth rate (CAGR) of 9.8%. The forecasted growth can be ascribed to several factors such as the easy access to ice skating lessons and training programs, the boom in winter tourism and the seasonal need for equipment, the surge in the development of indoor and outdoor skating amenities, the trend in personalizing ice skating gear, and the rise in the number of figure skating and ice dance participants. The major trends for the forecasted period encompass advancements in technology for the maintenance of ice rinks, developments in materials used for creating lighter and more durable skates, the merger of smart technologies into ice skating equipment, the adoption of sustainable and eco-friendly production methods, the emergence of eco-friendly and recyclable skating products, and the incorporation of virtual reality (VR) into the training experiences for skaters.
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Which Key Market Drivers Powering Ice Skating Equipment Market Expansion and Growth?
The rising interest in ice-skating sports is anticipated to drive the expansion of the ice-skating equipment market in the future. Ice-skating sports encompass a range of athletic endeavors conducted on icy terrains using ice skates. The role of ice-skating equipment is essential in these sports as it directly affects the skater's performance, comfort, and safety. Ice-skating equipment ensures better balance, grip, maintenance, and protection and helps perform tasks efficiently in ice-skating sports. For example, according to U.S. figure skating, a governing body for figure skating sports in the U.S., the U.S. Synchronized Skating Championships in Colorado Springs in 2022 saw 93 participating teams. Post this event, the number of skaters registered with U.S. Figure skating surged to over 180,000 in 90 years, and the club associations also increased to more than 700. Such growing interest in ice-skating sports is therefore fueling the development of the ice-skating equipment market.
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Which Fast-Growing Trends Are Poised to Disrupt the Ice Skating Equipment Market?
Advancements in technology are becoming a leading trend in the ice-skating equipment market. Companies that dominate this market use cutting-edge technology solutions to secure their industry position. For instance, in December 2022, Alien Kinetics LLC, a company based in Canada that manufactures sports goods, introduced Driblades off-ice training technology. This innovative solution shortens the time it takes for children to become more balanced, valuable, and self-assured skaters. Driblades for Children, a pioneering program, is aimed at helping kids gain trust in their skating skills both on and off the ice. This technology was conceived to offer a non-ice environment for young and novice skaters, allowing them to enhance their ice-skating abilities. Driblades is a product accessible to skaters of all sizes.
What Are the Emerging Segments in 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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Who Are the Global Leaders 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.
Which are the Top Profitable Regional Markets for the Ice Skating Equipment Industry?
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
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