The Business Research Company’s Ice Skating Equipment Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Ice Skating Equipment Global Market Report 2023 evaluates ice skating equipment market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global ice skating equipment market is expected to grow from $5.7 billion in 2022 to $6.29 billion in 2023 at a compound annual growth rate (CAGR) of 10.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The ice-skating equipment market is expected to reach $9.03 billion in 2027 at a CAGR of 9.5%.
The increasing popularity of ice-skating sports is expected to propel the growth of the ice-skating equipment market going forward. Ice skating sports refers to various athletic activities performed on ice surfaces using ice skates. Ice skating equipment plays a crucial role in ice skating sports as it directly impacts the skater’s performance, comfort, and safety. Ice-skating equipment is used in ice-skating sports to enhance balance, stability, grip, implementation, maintenance, and care. For instance, according to U.S. figure skating, a US-based governing body for figure skating sports, in 2022, the U.S. Synchronized Skating Championships in Colorado Springs attracted 93 teams which have increased to more than 180,000 skaters registered with U.S. figure skating after 90 years and club associations increased to more than 700. Therefore, ice-skating sports’ increasing popularity is driving ice-skating equipment’s growth.
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The ice skating equipment market segments in the report are:
1) By ype: Accessories, Apparel, Figure Skates, Hockey Skates, Racing Skates, Recreational Skates
2) By Distribution Channel: Sporting Goods Retailers, Hypermarkets And Supermarkets, Department Stores, Online Retail Stores
3) By End-User: Professional Users, Personal Or Recreational Users, Sports Trainers
The table of contents in TBRC’s ice skating equipment market report includes:
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