Figure Skating Equipment Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2021-2025

Published: Dec 2020 Pages: 120 SKU: IRTNTR45968

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

  • A key factor driving the growth of the market is the rise in the number and popularity of sports tournaments.
  • The growing interest of people across the world in sports activities has had a direct impact on the growth and proliferation of sporting tournaments.
  • Figure skating has gained popularity over the years and is a sport that can be adopted by any age group, making it a sporting activity with universal appeal.
  • The growing popularity of figure skating in developing countries is one of the key figure skating equipment market trends.
  • Countries in APAC today stand out as one of the growing adopters of figure skating on an international level. 
  • The Ice-Skating Association of India, the governing body for the sport in the country that oversees ice skating and figure skating, is affiliated with the ISU and the Asian Skating Union.

 

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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.   

 

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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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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Distribution channel

    • Market segments
    • Comparison by Distribution channel
    • Offline - Market size and forecast 2020-2025
    • Online - Market size and forecast 2020-2025
    • Market opportunity by Distribution channel

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • APAC - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers – Demand led growth
      • Market challenges
      • Market trends

      Vendor Landscape

      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • 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

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      INFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases

      DATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts

      REPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape

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      Key Questions Answered

      • What are the key global market and the regional market share?
      • What are the revenue-generating key market segments?
      • What are the key factors driving and challenging this market’s growth?
      • Who are the key market vendors and their growth strategies?
      • What are the latest trends influencing the growth of this market?
      • What are the variables influencing the market growth in the primary regions?
      • What are the factors influencing the growth of the parent market?

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      • Five-force market analysis