Latest News- Ski Equipment Market: Skis and poles is expected to lead the Product segment during 2025-2029

The Ski Equipment Market is being driven by Increasing participation rate in skiing and other snow sports

The Ski Equipment Market is expected to grow at a CAGR of 5.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 605.4 million. The freeride skiing market is experiencing significant growth due to the increasing popularity of this recreational and competitive snow sport in North America and Europe. Freeride skiing, which involves skiing or snowboarding on natural, un-groomed terrain without set courses or rules, is a fitness-focused activity that appeals to consumers. Notable tournaments, such as those in Europe and North America, including the Winter Olympics and the Sprint US Grand Prix series, are driving market expansion. Consumer awareness about health and wellness, rising disposable income, and the abundance of snowboarding regions in North America and Europe contribute to the market's growth. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Skis and poles
  • Ski boots
  • Ski bindings
  • Ski protective gear
• Distribution Channel
  • Offline
  • Online
• End-user
  • Men
  • Women
  • Kids
  • Professionals
  • Beginners
• Application
  • Alpine skiing
  • Downhill skiing
  • Cross-country skiing
  • Ski touring
• Geography
  • Europe
    • Germany
    • France
    • Italy
  • North America
    • Canada
    • US
  • APAC
    • China
    • India
    • Japan
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing participation rate in skiing and other snow sports
• Growth in number of ski resorts
• Increasing initiatives to encourage participation in skiing

However, the market also witnesses some limitations, which are as follows:

• High cost of ski equipment
• Increasing availability of counterfeit products
• Growing preference for rental equipment

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Market Scope in Ski Equipment Market Research Report

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Research Analysis Overview

The ski equipment market encompasses skis, boots, and poles, with an emphasis on advanced technology in cambered skis. Farmers and hunters have historically utilized skiing as a means for transportation in snowy terrain, transforming it into a popular sporting activity. The Olympics showcase skiing as an elite adventure sport, with the ski industry providing ski equipment, clothing, and infrastructure at ski resorts. Global regulations and national laws govern this outdoor activity, offering both affordable and luxurious options for distance and area coverage, including fold towels and box towels.

Market Research Overview

The ski equipment market, a segment of the larger household durables industry, encompasses skis, boots, poles, and other related gear. According to Technavio, the global household durables market size is determined by the collective revenue generated by manufacturers in categories such as consumer electronics, home furnishings, homebuilding products, household appliances, houseware and specialties, and leisure products. Factors driving growth in the leisure products sector include the expanding membership base of health and fitness clubs, which has seen consistent growth over the past decade, and the subsequent rise in the number of clubs themselves due to the industry's promising prospects.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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