The figure skating equipment market size has the potential to grow by USD 14.34 million during 2021-2025, and the market’s growth momentum will decelerate at a CAGR of 5.90%.
This report provides a detailed analysis of the market by distribution channel (offline and online), geography (North America, Europe, APAC, South America, and MEA), and key vendors.
Market Overview
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Market Competitive Analysis
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- American Athletic Shoe Co.
- EDEA srl
- GRAF SKATES AG
- HD Sports Ltd.
- Jackson Ultima Skates
- Paramount Sk8s Inc.
- Riedell Shoes Inc.
- Roces srl
- SP-Teri
- Tecnica Group Spa
The figure skating equipment market is fragmented and the vendors are deploying organic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
The market players also significantly leverage external market drivers such as rising popularity and number of sports tournaments to achieve growth opportunities. However, factors such as high infrastructural cost will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the figure skating equipment market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies,
This figure skating equipment market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of their future growth opportunities.
Figure Skating Equipment Market: Key Drivers and Trends
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Figure Skating Equipment Market: Segmentation by Geography
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39% of the market’s growth will originate from Europe during the forecast period. The UK is one of the key markets for figure skating equipment in Europe. Market growth in this region will be slower than the growth of the market in APAC.
The surge in the number of women participants and favorable governmental support is one of the prime factors that will facilitate the figure skating equipment market growth in Europe over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
Figure Skating Equipment Market: Segmentation by Distribution Channel
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The offline distribution channel of the global figure skating equipment market includes specialty stores, department stores, supermarkets, and hypermarkets. The large share of the segment is because of the notable presence of such outlets. Hence, the market growth has been significant throughout the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the figure skating equipment market size. Fetch actionable market insights on post-COVID-19 impact on each segment.
Figure Skating Equipment Market: Key Highlights of the Report for 2021-2025
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive figure skating equipment market growth during the next five years
- Precise estimation of the figure skating equipment market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the figure skating equipment industry across North America, Europe, APAC, South America, and MEA
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of figure skating equipment market vendors
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