The Business Research Company’s Ski 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 Ski Global Market Report 2023 evaluates ski 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 ski market is expected to grow from $1.46 billion in 2022 to $1.53 billion in 2023 at a compound annual growth rate (CAGR) of 4.2%. 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, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The ski market is expected to reach $1.76 billion in 2027 at a CAGR of 3.6%.
Increasing recreational activities are expected to propel the growth of the ski market going forward. Recreational activity is any outdoor activity for fun, exercise, or leisure, including learning how to execute the movement. Skiing is a popular leisure sport that provides fun and fitness to individuals and allows them to participate in an excellent outdoor activity. For instance, in August 2022, according to the Outdoor Industry Association, a US-based membership organization, 164.2 million Americans aged six and over engaged in outdoor recreation at least once in 2021, a 6.9% increase from March 2020. Therefore, increasing recreational activities are driving the growth of the ski market.
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The ski market segments in the report are:
1) By Product Type: Skis And Poles, Ski Boots, Ski Protective Gear And Accessories
2) By Distribution Channels: Online, Offline
3) By End-User: Men, Women, Kids
The table of contents in TBRC’s ski market report includes:
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