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Winter Sports Equipment Market (Product - Poles, Skies, Snowboards, Boots, Ice Hockey Sticks, and Other Products; Sport - Ice Hockey, Ice Skating, Snowboarding, and Other Sports; Distribution Channel - Online, and Offline): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025

  • Published : March, 2020

  • Rep Id : CGP088

  • Category : Consumer Goods and Packaging

  • Status : Published

This report provides exclusive insights into the COVID-19 impact on the Winter Sports Equipment Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Winter Sports Equipment Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Winter Sports Equipment Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.

A recent report published by Infinium Global Research on winter sports equipment market provides in-depth analysis of segments and sub-segments in the global as well as regional winter sports equipment market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional winter sports equipment market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global winter sports equipment market. According to the report, the global winter sports equipment market is projected to grow at a CAGR of 2.1% over the forecast period of 2019-2025.

 

Market Insight

Winter sports are gaining popularity with rising tourism in the winter season. It is important to have proper winter sports equipment while participating in any of the winter sports. Staying warm is necessary while playing any of the winter sport. Thus the right clothing and equipment will help to stay warm. The leading players are investing in technological advancement to innovate various advanced winter sports equipment.

 

The growing winter tourism industry is one of the major contributors to the growth of the winter sports equipment market. The changing consumer preferences and cutting-edge technology led to a transformation in the skiing industry. Bobsled Tirol based startup has developed an e-vehicle for inclusion people the snow resorts like a go-kart on the snow. This will be beneficial for non-skiers to enjoy the trip. Further, the growing demand for high-quality waterproof boots complements the growth of winter sports equipment market. Various innovations in ski equipment favor the expansion of the winter sports equipment market. In addition, the growing demand for innovative ski and snowboard accessories led to the growth of the winter sports equipment market. On the flip side, overcrowding at snow resorts hampers the growth of the winter sports equipment market. Companies are engaging in tie-up with resort owners for improving the facilities at resorts. Moreover, the introduction of new wearables and sensors for big data analysis creates fruitful opportunities for the growth of the winter sports equipment market.

 

Geographically, the global winter sports equipment market is divided into North America, Asia-Pacific, Europe, and the Rest of the World. North America is expected to have a major share in the global winter sports equipment market. The growing participation rate in professional ice hockey competitions in North America will augment the growth of the winter sports equipment market in the region. In addition, the presence of various sports enthusiasts in the region led to the increased demand for the winter sports equipment. Asia-Pacific region is anticipated to grow in the global winter sports equipment market with a healthy CAGR over the forecast period. The rising popularity of winter sports in developing countries in Asia-Pacific will augment the growth of the Asia-Pacific winter sports equipment market. Europe has fruitful opportunities in the global winter sports equipment market due to advancements in the skiing industry in the region.

 

Segment Covered

The report on global winter sports equipment market covers segments such as product, sport, and distribution channel. On the basis of product, the sub-markets include poles, skies, snowboards, boots, ice hockey sticks, and other products. On the basis of sport, the sub-markets include ice hockey, ice skating, snowboarding, and other sports. On the basis of distribution channel, the sub-markets include online, and offline.

 

Companies Profiled:

The report provides profiles of the companies in the market such as Clarus Corporation, Icelantic LLC, ELAN D.O.O., Fischer Sports GmbH, Rossignol Group, AmerHead UK Ltd. Sports Oyj, Head UK Ltd., Sport Maska Inc., BAUER Hockey LLC, Volkl Sports GmbH & Co. Kg, and Other companies.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of winter sports equipment market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players. 


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