Global Snow Sports Accessories Market Outlook with Ongoing Trends, Top Players Profile Analysis and Forecast 2017-2022

Snow sports accessories market is exhibiting a steady growth worldwide due to the rising popularity of snow sports like skiing and snowboarding. Governments all over the world are making massive investments in developing snow sports infrastructure and this is also aiding the growth of this market. The report, compiled by Fact.MR, provides in-depth analysis of the global snow sports accessories market for the forecast period 2017-2022, and offers key insights about future market direction.

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The next section offers an overview of the snow sports accessories market. This comprises an introduction to the market, along with a standard definition of the product – snow sports accessories. In this section, market value and year-over-year growth is offered to the readers. Year-over-year growth provides readers with a broader view of growth patterns over the forecast period.

The report’s succeeding section focuses on drivers, restraints and key trends from macroeconomic, demand, and supply perspectives. Impact analysis of weighted average model-based growth drivers is contained in the report for better provision of decision-making insights to clients.

In order to offer readers with up-to-date information about the latest advancements in the global snow sports accessories market, the report provides updates about market opportunities, which can benefit leading manufacturers of snow sports accessories. With continuous evolution of the sports industry, keeping a record of latest developments and trends is fundamental for snow sports accessories manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, pricing analysis, list of distributors, and cost structure are provided in this section.

4 Forecast Highlights on Global Snow Sports Accessories Market

1. As per the forecast of Fact.MR, the sunglasses segment is slated to touch a value of nearly US$ 260 Mn in the year 2022. This represents a sluggish CAGR growth during the assessment period of 2017-2022. The sunglasses segment is estimated to account for nearly one-fifth of the revenue share of the product type segment by the year 2017 end and is expected to gain in market share by the year 2022 end.

2. As per the forecast of Fact.MR, the franchised stores segment will reach a value of nearly US$ 237 Mn in the year 2017. This represents a sluggish CAGR growth during the forecast period. The franchised stores segment is estimated to account for more than one-fifth of the revenue share of the channel segment in the year 2017 end and is expected to lose market share by the end of the year 2022.

3. As per the forecast of Fact.MR, the economy segment is slated to reach a value of nearly US$ 467 Mn in 2022. The economy segment is expected to lose some market value by the end of the year 2022. The largest share is contributed by the North America region in the economy segment.

4. Fact.MR forecasts the men snow sports accessories segment to grow from US$ 603 Mn in 2017 to nearly US$ 686 Mn in 2022. This represents a compound annual growth rate (CAGR) of 2.6% from 2017 to 2022.

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North America Market Set to Dominate the Global Snow Sports Accessories Market in Terms of Revenue

The market in North America is set to dominate the global snow sports accessories market in terms of value and this trend is projected to sustain itself throughout the assessment period. North America snow sports accessories market is the most attractive market, growing at a sluggish CAGR over the assessment period.

Goggles Segment Poised to Touch a Value of Nearly US$ 429 Mn in 2022

As per the forecast of Fact.MR, the goggles segment is expected to reach a value of nearly US$ 429 Mn in the year 2022. This represents a sluggish CAGR during the forecast period of 2017-2022. Goggles segment is expected to account for nearly one-third of the revenue share of the product type segment by the year 2017 and is expected to gain market share by the end of the year 2022.

Sports Stores Segment to exhibit a CAGR of 2.5% During the Assessment Period

As per the forecast of Fact.MR, the sports stores segment is slated to touch a figure of US$ 330 Mn in the year 2022. This represents a CAGR of 2.5% during the assessment period from 2017 till the year 2022. This segment is expected to gain market share by the end of the year 2022. The sports stores segment is expected to account for more than one-fourth of the revenue share of the channel segment by the year 2017.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of global snow sports accessories market through 2022, which include Amer Sports Corporation, NIKE, Inc., Black Diamond, Inc., Fischer Sports GmbH, Head NV, Lucky Bums, LLC, Olympia Sports, Inc., Skis Rossignol SAS and The Burton Corporation.

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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Sports market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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This release was published on openPR.