The Business Research Company’s Ski Equipment And Gear 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 Equipment And Gear Global Market Report 2023 evaluates ski equipment and gear 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 market for ski equipment and gear is poised for substantial expansion, with an anticipated progression from $1.39 billion in 2022 to an impressive $1.52 billion by 2023, reflecting a robust Compound Annual Growth Rate (CAGR) of 4.4%. However, it is essential to acknowledge the disquieting backdrop against which this growth unfolds. The Russia-Ukraine conflict has cast a shadow over the global economic landscape, dampening prospects for a swift recovery from the COVID-19 pandemic. The resultant economic sanctions, surging commodity prices, and intricate supply chain disruptions have engendered inflationary pressures across an array of goods and services, resonating throughout global markets.
Despite these challenges, the ski equipment and gear market is projected to continue its upward trajectory. By 2027, it is forecasted to reach an impressive $1.73 billion, supported by a resilient CAGR of 3.3%. This industry's resilience exemplifies its enduring appeal in the face of global adversities.
The growth trajectory of the ski equipment and gear market is poised to be significantly influenced by the burgeoning popularity of outdoor sports activities. Outdoor sports encompass a broad spectrum of physical exercises and athletic endeavors conducted in open-air settings, often supported by essential infrastructure like sports fields, skate parks, trails, and outdoor gear. Skiing enthusiasts and outdoor sports aficionados understand that the proper selection and fit of ski equipment and gear are paramount.
This choice not only optimizes performance but also elevates safety measures, ultimately enhancing the overall experience of partaking in outdoor sports activities. As a case in point, recent data from the Outdoor Industry Association, a prominent U.S.-based membership organization, underscores the surging interest in outdoor sports. In June 2023, it was reported that the number of outdoor participants had risen by a noteworthy 2.3% in 2022, reaching a record-breaking 168.1 million individuals compared to 164.2 million in 2021.
This remarkable growth trend in outdoor sports participation underscores the increasing demand for ski equipment and gear. These vital tools not only facilitate greater enjoyment and safety but also cater to the evolving needs of an expanding outdoor sports community, making them a pivotal component in the sports industry's thriving landscape.
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The ski equipment and gear market segments in the report are:
1) Ski Equipment And Gear Market By Product: Clothing, Headgear, Ski And Poles, Footwear, Other Products
2) Ski Equipment And Gear Market By Application: Male, Female, Kids
3) Ski Equipment And Gear Market By Distribution Channel: Supermarkets And Hypermarkets, Convenience Stores, Online
The table of contents in TBRC’s ski equipment and gear market report includes:
1. Executive Summary
2. Ski Equipment And Gear Market Characteristics
3. Ski Equipment And Gear Market Trends And Strategies
4. Ski Equipment And Gear Market - Macro Economic Scenario
.........
32. Global Ski Equipment And Gear Market Competitive Benchmarking
33. Global Ski Equipment And Gear Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Ski Equipment And Gear Market
35. Ski Equipment And Gear Market Future Outlook and Potential Analysis
36. Appendix
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