The global ski gear & equipment market size reached US$ 1.47 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.82 Billion by 2028, exhibiting a growth rate (CAGR) of 3.25% during 2023-2028. The rising adoption of skiing as a recreational activity, growing participation in various ski sports, and the introduction of smart ski helmets represent some of the key factors driving the market.
Ski Gear & Equipment Market Size in 2022
|US$ 1.47 Billion
Ski Gear & Equipment Market Forecast in 2028
|US$ 1.82 Billion
|Ski Gear & Equipment Market Growth Rate (2023-2028)
Ski gear and equipment refers to specialized products and accessories used by skiers for a comfortable and enjoyable skiing experience. It includes skis, snowboards, boots, poles, helmets, goggles, apparel, backpacks, bindings, and tuning kits. They are manufactured using lightweight, durable, and high-performance materials, such as fiberglass, carbon fiber, polycarbonate, polyester, nylon, steel, and aluminum. Ski gear and equipment are widely used to provide support, stability, balance, and high maneuverability on the snow. They also reduce lateral movement, increase user safety, enhance visibility, prevent injuries, and protect vital body parts from collisions and impacts. Ski gear and equipment are designed to improve performance, reduce wind drag, minimize friction, and enhance skier speed. They are also breathable, waterproof, and insulated, which aids in protecting from the weather elements and regulating body temperature.
Ski Gear & Equipment Market Trends:
The rising adoption of skiing as a recreational activity across the globe is one of the key factors propelling the market growth. Ski gear and equipment are essential products used by skiers to ensure a safe, comfortable, successful, and enjoyable skiing experience, as they provide control, stability, and maneuverability on the snow and protect individuals from injuries in case of a fall, impact, or collision. Along with this, the increasing ski tourism activities, coupled with the growing number of ski resorts, are acting as another growth-inducing factor. Furthermore, the widespread product utilization to increase speed, enhance performance, and provide additional protection while performing stunts, owing to the growing participation in various ski sports, such as freestyle, cross-country, downhill skiing, ski mountaineering, and ski jumping, is positively influencing the market growth. Additionally, the introduction of smart ski helmets that are equipped with a global positioning system (GPS), Bluetooth, and built-in headphones, which provides real-time information about speed, altitude, location, and weather condition, is supporting the market growth. Apart from this, the utilization of three-dimensional (3D) printing to create customized ski gear and equipment, which enhances comfort and improves performance, is providing an impetus to the market growth. Moreover, the implementation of various government initiatives to promote tourism and support the development of winter sports facilities is favoring the market growth. Other factors, including rising expenditure capacities of consumers, easy product availability across e-commerce platforms, and the growing demand for eco-friendly and sustainable ski gear and equipment, are anticipated to drive the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global ski gear & equipment market, along with forecasts at the global, regional, and country levels from 2023-2028. Our report has categorized the market based on product type, distribution channel, and end user.
Product Type Insights:
- Ski and Poles
The report has provided a detailed breakup and analysis of the ski gear & equipment market based on the product type. This includes clothing, headgear, ski and poles, footwear, and others. According to the report, clothing represented the largest segment.
Distribution Channel Insights:
- Convenience Stores
- Online Stores
A detailed breakup and analysis of the ski gear & equipment market based on the distribution channel has also been provided in the report. This includes supermarkets/hypermarkets, convenience stores, and online stores. According to the report, supermarkets/hypermarkets accounted for the largest market share.
End User Insights:
A detailed breakup and analysis of the ski gear & equipment market based on the end user has also been provided in the report. This includes male, female, and kids.
- North America
- United Kingdom
- Asia Pacific
- South Korea
- Latin America
- Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for ski gear & equipment. Some of the factors driving the North America ski gear & equipment market included rising travel and tourism activities, increasing government initiatives, and significant technological advancements.
The report has also provided a comprehensive analysis of the competitive landscape in the global ski gear & equipment market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Alpina Sports (Uvex Sports Group GmbH & Co. KG), Amer Sports (Anta Sports), Clarus Corporation, Coalition Snow, Decathlon, Fischer Sports GmbH, Helly Hansen (Canadian Tire Corporation Limited), Kohlberg & Co., L.L.C., Rossignol Group, Volcom LLC (Authentic Brands Group), etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
|Base Year of the Analysis
|Product Types Covered
||Clothing, Headgear, Ski and Poles, Footwear, Others
|Distribution Channels Covered
||Supermarkets/Hypermarkets, Convenience Stores, Online Stores
|End Users Covered
||Male, Female, Kids
|| Asia Pacific, Europe, North America, Latin America, Middle East and Africa
||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
||Alpina Sports (Uvex Sports Group GmbH & Co. KG), Amer Sports (Anta Sports), Clarus Corporation, Coalition Snow, Decathlon, Fischer Sports GmbH, Helly Hansen (Canadian Tire Corporation Limited), Kohlberg & Co., L.L.C., Rossignol Group, Volcom LLC (Authentic Brands Group), etc.
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Key Benefits for Stakeholders:
- IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the ski gear & equipment market from 2017-2028.
- The research study provides the latest information on the market drivers, challenges, and opportunities in the global ski gear & equipment market.
- The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the ski gear & equipment industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.