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Ski Gear and Equipment Market Trends

Report ID: GMI12248 Published Date: November 2024Report Format: PDF
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Ski Gear & Equipment Market Trends

Investments in developing ski resorts and upgrading facilities have made skiing more accessible in regions experiencing a tourism surge. This growth not only boosts ski participation rates but also heightens the demand for premium, durable equipment. Recognized increasingly as a fitness boon, skiing promotes cardiovascular health and muscle strength. Such recognition has fueled a consistent interest in ski gear among health-conscious consumers, bolstering long-term market demand.

Heightened awareness of safety in winter sports has spurred a surge in demand for protective gear, including helmets, goggles, and other protective apparel, carving out a substantial segment in the market. Additionally, trends fueled by social media and influencers, championing outdoor lifestyles, have elevated skiing's status as a sought-after activity. This has, in turn, amplified the appetite for ski apparel and gear, particularly among the younger, more active demographic.

Skiing, being a seasonal activity, hinges on particular weather conditions, confining gear demand predominantly to the winter months. Areas lacking consistent snowfall or skiing infrastructure experience diminished demand, leading to market fluctuations and curtailing year-round sales potential.

Author: Avinash Singh, Sunita Singh
Frequently Asked Question(FAQ) :

How big is the ski gear & equipment market?+

The global ski gear & equipment industry was valued at USD 1.79 Bn in 2023 and is estimated to grow at a 3.6% CAGR from 2024 to 2032, driven by the increasing popularity of winter sports.

Why is the demand for men's ski gear & equipment rising?+

The men's segment held around 52% of the total market share in 2023 and is anticipated to grow at a 3.8% CAGR during the forecast period, as men in the skiing community frequently adopt the latest innovations and technological upgrades.

How much is the North America ski gear & equipment industry worth?+

The U.S. dominates with an overall market share of around 85% in the North America ski gear & equipment market, driven by renowned ski resorts in states like Colorado, Utah, California, and Vermont.

Who are some of the prominent players in the ski gear & equipment industry?+

Key players in the industry include Atomic Austria GmbH, Black Crows Skis, Blizzard S.p.A., Burton Snowboards, Dynastar, Elan d.o.o., Fischer Sports GmbH, Head Sport GmbH, and K2 Sports, LLC.

Ski Gear and Equipment Market Scope

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