IMARC Group's report "Ski Gear & Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" provides an extensive analysis of the industry, including ski gear & equipment market growth, size, share, trends, and business opportunities. The report also covers competitor and regional analysis and the latest advancements in the global market.
The global ski gear & equipment market size reached US$ 1.47 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.82 Billion by 2028, exhibiting a growth rate (CAGR) of 3.25% during 2023-2028.
Ski gear and equipment refer to the various protective gear and specialised equipment that are worn by skiers to protect themselves, enhance their performance, and enjoy the skiing experience. These gear and equipment are specifically manufactured to withstand harsh conditions and rough terrain, while also being lightweight and flexible to allow for easy maneuverability and quick turns. Some of the most common ski gear and equipment include skis, helmets, boots, poles, and goggles. Skis are designed with a curved shape for turning and speed control, ski boots are stiff for support and precise movements, while poles support balance and turning, and helmets and goggles offer enhanced protection. In addition to this, these equipment also provide warmth in extreme cold weather conditions as well as protection against snow and moisture with its insulating and waterproof features.
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The global market is primarily driven by the growing popularity of skiing as a leisure sport activity. This can be attributed to the shufting consumer preference towards adventure sports with good challenges. In line with this, continual technological advancements in the manufacturing of several ski gear & equipment, such as the development of skis with improved stability and grip, lightweight boots, and ergonomic helmet designs are providing an impetus to the market. Moreover, the easy product availability across online and offline organized retail channels is also creating lucrative growth opportunities for the market. In addition to this, the rapid expansion of ski tourism and ski resorts offering various terrain parks, backcountry skiing, and freeride skiing is propelling the demand for specialized skiing gear and equipment. Furthermore, an enhanced focus on sustainability is resulting in the emergence of eco-friendly ski gear and equipment, such as gear and equipment made with sustainable and recyclable materials. Some of the other factors contributing to the market include rapid urbanization, changing weather patterns resulting in less predictable snowfall in several regions, inflating disposable income levels and extensive research and development (R&D) activities.
The report has segmented the market into the following categories:
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