Overview and Scope
Ski refers to a piece of wood or a stick with slats fastened to the feet and used to glide over snow. These are designed to provide stability, control, and movability on snow, enabling individuals to cross slopes, trails, and other terrain.
Sizing and Forecast
The ski market size has grown steadily in recent years. It will grow from $1.53 billion in 2023 to $1.59 billion in 2024 at a compound annual growth rate (CAGR) of 4.0%. The growth in the historic period can be attributed to increased popularity of winter sports, increased tourism, expansion of ski resorts, increased disposable incomes, focusing on environmentally friendly practices and eco-friendly products.
The ski market size is expected to see steady growth in the next few years. It will grow to $1.84 billion in 2028 at a compound annual growth rate (CAGR) of 3.7%. The growth in the forecast period can be attributed to increasing popularity of recreational activities, growing demand for leisure and adventure activities, increasing engagement in skiing and snowboarding, . Major trends in the forecast period include launch of eco-friendly products, technological solutions, strategic collaborations, sustainable product launches, lightweight bindings, integrated hike mechanisms.
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Segmentation & Regional Insights
The ski market covered in this report is segmented –
1) By Product Type: Skis And Poles, Ski Boots, Ski Protective Gear And Accessories
2) By Distribution Channels: Online, Offline
3) By End-User: Men, Women, Kids
North America was the largest region in the ski market in 2023. The regions covered in the ski market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
Increasing recreational activities are expected to propel the growth of the ski market going forward. Recreational activity is any outdoor activity for fun, exercise, or leisure, including learning how to execute the movement. Skiing is a popular leisure sport that provides fun and fitness to individuals and allows them to participate in an excellent outdoor activity. For instance, in August 2022, according to the Outdoor Industry Association, a US-based membership organization, 164.2 million Americans aged six and over engaged in outdoor recreation at least once in 2021, a 6.9% increase from March 2020. Therefore, increasing recreational activities are driving the growth of the ski market.
Key Industry Players
Major companies operating in the ski market report are Decathlon SA, Amer Sports, Tecnica Group S.p.A, K2 Sports LLC, Fischer Beteiligungsverwaltungs GmbH, Groupe Rossignol, Head Skis, Helly Hansen, Alpina DOO, Black Diamond Equipment Ltd, Surefoot, Armada, Blizzard Sport GmbH, Scott Sports, Icelantic LLC, DPS Skis, Rottefella AS, Marker Dalbello Voelklski GmbH, Faction Skis, Kastle GmbH, Volkl, Majesty Skis, 4FRNT Skis LLC, Coalition Snow, United States Ski Pole Company, Whitedot Skis, Liberty Skis, Moment Skis, ON3P Skis, Stockli Swiss Sports AG.
The ski market report table of contents includes:
1. Executive Summary
2. Ski Market Characteristics
3. Ski Market Trends And Strategies
4. Ski Market – Macro Economic Scenario
5. Global Ski Market Size and Growth
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32. Global Ski Market Competitive Benchmarking
33. Global Ski Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Ski Market
35. Ski Market Future Outlook and Potential Analysis
36. Appendix
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