Figure Skating Equipment Market

Market Overview:

The global figure skating equipment market size reached US$ 80.9 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 103.0 Million by 2028, exhibiting a growth rate (CAGR) of 3.89% during 2023-2028.

Figure skating equipment refers to various clothing and accessories worn by figure skaters during training or competitions. Some commonly used equipment includes figure skating boots and blades, blade guards, helmets, Bunga and crash pads, stretchy pants, sweaters, jackets, socks, and gloves. Nowadays, they are available in a wide array of materials, types, designs, and customization options to meet the changing consumer requirements. In recent years, figure skating equipment has gained traction across the globe as it improves the performance of individuals, provides better support and flexibility, and prevents sports injuries by minimizing shocks or pressure from falls.

Figure Skating Equipment Market Trends:

The rising consumer interest in sports, such as figure skating, and the increasing number of ice-skating arenas represent the primary factors driving the market growth. Additionally, the growing awareness regarding the health benefits of figure skating and the rising participation rates in competitions are escalating the demand for figure skating equipment. Besides this, the widespread adoption of waterless or synthetic ice-skating arenas to reduce manufacturing and operational costs while minimizing the dependence on weather conditions is also propelling the market growth. Furthermore, the expanding e-commerce sector is accelerating the sales of figure skating equipment due to easy product availability, flexible payment options, convenient return policies and secure transactions. Moreover, the leading manufacturers are launching high-quality, lightweight and durable figure skating equipment in stylish designs to expand their product portfolio, attract more customers and gain a competitive edge in the market. This, in confluence with the increasing adoption of aggressive promotional activities by key players, is catalyzing the market growth. Other factors, including inflating consumer disposable incomes, growing inclination toward sports and fitness activities, and rising popularity of international tournaments, are also providing a positive market outlook.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global figure skating equipment market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, distribution channel and application.

Breakup by Product Type:

• Figure Skates
• Figure Skating Accessories
   

Breakup by Distribution Channel:

• Offline
• Online
   

Breakup by Application:

• Men
• Women
• Kids
   

Breakup by Region:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being American Athletic Shoes Company, EDEA srl, Graf Skates AG, Jackson Ultima Skates, John Wilson Skates Limited, K2 Sports LLC (Newell Brands), Paramount Sk8s Inc., Riedell Shoes Inc., Roces S.r.l., Rollerblade (Tecnica Group S.p.A), SP-Teri Inc. and Winnwell Inc.

Report Coverage: