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

Published: Jan 2021 Pages: 120 SKU: IRTNTR46679

The winter sports equipment market size has the potential to grow by USD 834.99 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 5.39%. 

This report provides a detailed analysis of the market by product (SP SB and HS, footwear, protective gear, and others), application (skiing, Ice hockey, snowboarding, and figure skating), 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.
  • ANTA Sports Products Ltd.
  • Clarus Corp.
  • EDEA srl
  • Fischer Sports GmbH
  • GRAF SKATES AG
  • Icelantic LLC
  • Roces S.r.l.
  • SCOTT Sports SA
  • SKIS ROSSIGNOL SA

 

The winter sports equipment market is fragmented and the vendors are deploying growth strategies such as R&D 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 expensive infrastructural cost associated with winter sports will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 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 winter sports 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 winter sports 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. 

Winter Sports Equipment Market: Key Drivers and Trends

  • The growing interest of people in sports activities has had a direct impact on the growth and proliferation of winter sporting tournaments. 
  • The number of figure skating and ice skiing competitions held globally, as well as training clubs, is increasing, which can be attributed to the rising number of players.
  • The rising number of skating events and competitions around the globe has further increased the demand for skating equipment. 
  • The rising popularity and number of sports tournaments is one of the key factors driving the growth of the market during the forecast period.
  • The rising participation rate in professional ice hockey competitions is one of the key factors expected to propel the market in the forthcoming years.
  • Owing to the increased popularity of winter sports in developing economies, the demand for various winter sports equipment has grown considerably in recent years.
  • Sports enthusiasts in the advanced economies are also focusing on making winter sports a mainstream profession. 
  • The above-mentioned factors will increase the demand for equipment used in different applications such as skiing, ice hockey, snowboarding, and figure skating. 

 

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Winter Sports Equipment Market: Segmentation by Geography

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45% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for winter sports equipment in North America. Market growth in this region will be slower than the growth of the market in APAC, Europe, and MEA.

The presence of various sports enthusiasts is one of the prime factors that will facilitate the winter sports equipment market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report. 

Winter Sports Equipment Market: Segmentation by Product

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Skiing is a competitive and recreational winter sport, which requires equipment such as skis and poles, boots, bindings, and other accessories. The sport is most popular in North America and Europe due to the availability of many ice rinks. Therefore, the growth of the market segment is expected to be significant during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the winter sports equipment market size. Fetch actionable market insights on post COVID-19 impact on each segment.   

 

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Winter Sports 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 winter sports equipment market growth during the next five years
  • Precise estimation of the winter sports equipment market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the winter sports 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 winter sports equipment market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Market characteristics
    • 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 Product

    • Market segments
    • Comparison by Product
    • Footwear - Market size and forecast 2020-2025
    • Protective gear - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by Product

    Market Segmentation by Application

    • Market segments
    • Comparison by Application
    • Skiing - Market size and forecast 2020-2025
    • Ice hockey - Market size and forecast 2020-2025
    • Snowboarding - Market size and forecast 2020-2025
    • Figure skating - Market size and forecast 2020-2025
    • Market opportunity by Application

    Customer landscape

    • 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
    • Market challenges
    • Market trends

    Vendor Landscape

    • Competitive scenario
    • Vendor landscape
    • Landscape disruption
    • Industry risks

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • American Athletic Shoe Co.
    • ANTA Sports Products Ltd.
    • Clarus Corp.
    • EDEA srl
    • Fischer Sports GmbH
    • GRAF SKATES AG
    • Icelantic LLC
    • Roces S.r.l.
    • SCOTT Sports SA
    • SKIS ROSSIGNOL SA

    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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