The In-Line Roller Skates Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s In-Line Roller Skates Global Market Report 2024, The in-line roller skates market size has grown strongly in recent years. It will grow from $3.73 billion in 2023 to $4.08 billion in 2024 at a compound annual growth rate (CAGR) of 9.3%. The growth in the historic period can be attributed to increase in outdoor sports, growth in popularity of inline skating events and competitions, growth in popularity of inline skating for fitness and recreation, rise of extreme sports, and increase in development of skate-friendly infrastructure.
The in-line roller skates market size is expected to see strong growth in the next few years. It will grow to $5.87 billion in 2028 at a compound annual growth rate (CAGR) 9.5%. The growth in the forecast period can be attributed to increasing inline skating as a mode of transportation, rise in emphasis on eco-friendly and sustainable products, growing interest in eco-friendly commuting options, rise in adoption of in-line skates as a popular fitness activity, and increasing eco-conscious consumer behavior favoring low-carbon activities. Major trends in the forecast period include advancements in skate technology, advancements in skating infrastructure, adoption of eco-friendly materials, integration of smart technology for performance tracking, and development of customizable and modular skate designs.
The increasing enthusiasm for outdoor sports is expected to propel the growth of the in-line roller skates market going forward. Increasing enthusiasm for outdoor sports is attributed to a growing awareness of the health benefits, a desire for social interaction and adventure, and the influence of social media showcasing active lifestyles. In-line roller skates offer a fun alternative to traditional outdoor activities, encouraging people to spend more time outside, engage in social activities, and explore various terrains, thereby enhancing overall physical and mental well-being. For instance, in December 2023, according to the outdoor industry association, a US-based registered Charity, in 2022, the outdoor recreation participant base grew 2.3% in 2022 to a record 168.1 million participants or 55% of the U.S. population ages six and older. Therefore, the increasing enthusiasm for outdoor sports is driving the growth of the in-line roller skates market.
<h4 class=reporthtag>Impact of Rising Recreational Activities on the In-Line Roller Skates Market</h4>
The rising popularity of recreational activities is expected to propel the growth of the in-line roller skates market going forward. The increasing popularity of recreational activities reflects a growing interest in leisure pursuits, driven by greater awareness of health benefits, improved access to facilities, and opportunities for social interaction. In-line roller skates enhance recreational activities by providing an effective cardiovascular workout, improving balance and coordination, offering a low-impact exercise option, and fostering social interaction and mental well-being. For instance, in November 2023, according to the Bureau of Economic Analysis, a US-based government agency, recreation activities contributed 19.8% to value added in 2022, an increase from 19% in 2021. Supporting activities made up the remaining 46% of value added in 2022, up from 43.6% in 2021. Therefore, the rising popularity of recreational activities is driving the in-line roller skates market.
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The in-line roller skates market covered in this report is segmented –
1) By Type: 3-Wheel Inline Skates, 4-Wheel Inline Skates
2) By Application: Adult, Child, Teenage
3) By Distribution Channel: Online, Offline
Major companies operating in the in-line roller skates market are developing innovative products with advanced features, including enhanced inline skate wheels designed for better durability, performance, and versatility, catering to both recreational and professional users. High-quality wheels provide a smoother ride by reducing vibrations and absorbing shocks from uneven surfaces. This enhances comfort and reduces fatigue during long skating sessions. For instance, in March 2024, Dream Urethane, a US-based Sport and recreation company, launched its advanced line of wheels, specifically designed for urban, recreational, and wizard skating. The initial offering includes an 80mm, 87A wheel, available in sets of eight or ten. It also offers a range of soft goods, including t-shirts, beanies, pins, and stickers, featuring their unique brand aesthetic.
The in-line roller skates market report table of contents includes:
1. Executive Summary
2. In-Line Roller Skates Market Characteristics
3. In-Line Roller Skates Market Trends And Strategies
4. In-Line Roller Skates Market – Macro Economic Scenario
5. Global In-Line Roller Skates Market Size and Growth
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32. Global In-Line Roller Skates Market Competitive Benchmarking
33. Global In-Line Roller Skates Market Competitive Dashboard
34. Key Mergers And Acquisitions In The In-Line Roller Skates Market
35. In-Line Roller Skates Market Future Outlook and Potential Analysis
36. Appendix
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