Global Figure Skating Equipment Market to Reach US$ 114.6 Million by 2032, Impelled by Increasing Number of Ice-Skating Arenas

March 27, 2023 | Retail

According to the latest report by IMARC Group, titled "Figure Skating Equipment Market Report by Product Type (Figure Skates, Figure Skating Accessories), Distribution Channel (Offline, Online), Application (Men, Women, Kids), and Region 2024-2032," the global figure skating equipment market reached a value of US$ 84.1 Million in 2023. Figure skating is a sport that requires precise movements and technical skills, and skaters need to have the proper equipment to perform at their best. The most important piece of equipment for figure skaters is their skates. Figure skating skates have a unique design that allows for more flexibility and mobility than traditional ice skates. The blades are longer and have a slight curve, which allows for more control and easier turns. In addition to skates, figure skaters also wear special clothing designed to allow a maximum range of motion. Skaters typically wear tight-fitting, flexible clothing like leggings and a tight-fitting top. They also wear gloves to protect their hands and to provide extra grip on the ice. Other important equipment for figure skaters includes protective gear, such as helmets, mouthguards, and knee pads. These are particularly important for beginners who are learning new jumps and spins. Each piece of figure skating equipment is designed to help skaters perform their best and stay safe while on the ice.

Global Figure Skating Equipment Market Trends:

The global market is majorly driven by the increasing popularity of figure skating. In line with this, the rising number of individuals participating in figure skating is significantly contributing to the market growth. Furthermore, the growing number of skating rinks and ice arenas is also driving the demand for figure skating equipment as more individuals have access to the facilities needed to participate in the sport. Apart from this, the development of new technologies and materials is improving the performance of figure skating equipment, leading to an escalating product demand from skaters looking to improve their performance. Moreover, the expanding e-commerce sector is catalyzing the sales of figure skating equipment worldwide. Besides, the increasing interest of individuals in sports and fitness activities and the rising competition among participants are propelling the market. Additionally, the growing popularity of international competitions and the introduction of high-quality and durable figure skating equipment are providing a boost to the market. Some of the other factors driving the market include inflating disposable incomes of individuals, the widespread availability of waterless ice-skating arenas, and the augmenting influence of social media. On account of the factors above, the market is anticipated to reach a value of US$ 114.6 Million by 2032, exhibiting a CAGR of 3.4% during 2024-2032.

Market Summary:

On the basis of the product type, the market has been categorized into figure skates and figure skating accessories.
Based on the distribution channel, the market has been segmented into offline and online.
Based on the application, the market has been classified into men, women, and kids.
On the basis of the region, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others) and the Middle East and Africa.
The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market. Some of the key players include 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 Scope:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Million
Segment Coverage	Product Type, Distribution Channel, Application, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	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.
Customization Scope	10% Free Customization
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Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Figure Skating Equipment Market to Reach US$ 114.6 Million by 2032, Impelled by Increasing Number of Ice-Skating Arenas

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