Ski equipment and gear refer to the various item skiers use for skiing activities. These items enhance safety, comfort, and performance while skiing.
Sizing and Forecast
The ski equipment and gear market size has grown steadily in recent years. It will grow from $1.52 billion in 2023 to $1.58 billion in 2024 at a compound annual growth rate (CAGR) of 4.1%. The growth in the historic period can be attributed to winter tourism growth, olympic and sporting events, economic prosperity, marketing and sponsorship, winter sports culture.
The ski equipment and gear market size is expected to see steady growth in the next few years. It will grow to $1.8 billion in 2028 at a compound annual growth rate (CAGR) of 3.3%. The growth in the forecast period can be attributed to rise of outdoor activities, health and wellness trends, sustainable and eco-friendly products, global sporting events, government initiatives and policies. Major trends in the forecast period include digital shopping experience, innovations in materials, technological advancements, tech-integrated gear, backcountry and off-piste gear.
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Segmentation & Regional Insights
The ski equipment and gear market covered in this report is segmented –
1) By Product: Clothing, Headgear, Ski And Poles, Footwear, Other Products
2) By Application: Male, Female, Kids
3) By Distribution Channel: Supermarkets And Hypermarkets, Convenience Stores, Online
North America was the largest region in the ski equipment and gear market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ski equipment and gear market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
Increasing outdoor sports activities are expected to propel the growth of the ski equipment and gear market going forward. Outdoor sport refers to the sporting activities or physical exercise that occur outdoors and includes the ancillary facilities required for such activities, such as sports fields, skateboard parks, paths, and outdoor equipment. Adequately designed and well-fitted ski equipment and gear enhance performance, improve safety, and maximize enjoyment during outdoor sports activities. For instance, in June 2023, according to the Outdoor Industry Association, a US-based membership organization, the outdoor participant base increased by 2.3% in 2022 to a record 168.1 million participants, compared to 164.2 million in 2021. Therefore, the increasing number of outdoor sports activities is driving the growth of the ski equipment and gear market.
Key Industry Players
Major companies operating in the ski equipment and gear market report are Decathlon SA, Amer Sports, Tecnica Group S.p.A, K2 Sports LLC, Fischer Beteiligungsverwaltungs GmbH, Groupe Rossignol, Head Skis, Clarus Corp, Helly Hansen, Skis Rossignol S.A., Salomon, Alpina DOO, Black Diamond, ELAN D.O.O., Surefoot, Armada, Blizzard Sport GmbH, Icelantic LLC, Black Crows, Dynastar, Faction Skis, Kastle, Full Tilt Boots Global, ATK Bindings, Coalition Snow, Crosson Ski, Liberty Skis, Look Bindings, Stockli Swiss Sports AG, 4FRNT Skis LLC, Atomic Austria GmbH
The ski equipment and gear market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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