The ski gear and equipment market is estimated to be valued at USD 1.65 Bn in 2024, exhibiting a compound annual growth rate (CAGR) of 2.8% from 2024 to 2031. The ski gear and equipment market has seen steady growth over the past few decades, driven by the rising popularity of winter sports and adventure tourism. Skiing has transitioned from a niche sport enjoyed by elite athletes to a mainstream recreational activity for both amateur skiers and snowboarders. The increasing affordability of ski resort tickets and rental equipment has made the sport more accessible to the general public. Moreover, technological advancements have enhanced ski equipment design, improving performance for users of all skill levels. Top brands continuously invest in R&D to develop stronger, lighter gear equipped with modern features like customizable bindings. With a young, athletically-driven demographic embracing outdoor winter activities, the ski equipment industry has opportunity to further expand its customer base through innovative product launches and experience-based retail.
Market Dynamics:
The global ski gear and equipment market is driven by factors such as the growing adventure sports industry, availability of low-cost gear and rental options, and technological advancements. However, climate change induced warming trends pose a restraint by threatening the viability of ski resorts. Seasonal fluctuations in snowfall can negatively impact market revenues. Market players address this by diversifying into other seasonal equipment lines. Opportunities lie in expanding into emerging ski destinations across Asia and Latin America with developing winter tourism industries. Companies invest in branding and retail experiences to cultivate loyal customers.
Key Features of the Study:
- This report provides in-depth analysis of the global ski gear and equipment market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
- It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key companies in the global ski gear and equipment market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include Amer Sports Oyj, Black Diamond Equipment, Ltd., Coalition Snow, Fischer Beteilgungsverwaltungs GmbH, Helly Hansen, Icelantic LLC, Marker Volkl (International) Sales GmbH, Skis Rassignol S.A., The Burton Corporation, Volcom LLC., Zai Sakai, Anta International Limited, Black Diamond Equipment, Ltd., Decathlon, and Vista Outdoor Inc.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The global ski gear and equipment market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global ski gear and equipment market.
Detailed Segmentation-
- By Product Type:
- Clothing
- Heargear
- Ski and Poles
- Footwear
- Others
- By Application:
- By Distribution Channel:
- Supermarkets/Hypermarkets
- Convenience Stores
- Online
- Others
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- Amer Sports Oyj
- Black Diamond Equipment, Ltd.
- Coalition Snow
- Fischer Beteilgungsverwaltungs GmbH
- Helly Hansen
- Icelantic LLC
- Marker Volkl (International) Sales GmbH
- Skis Rassignol S.A.
- The Burton Corporation
- Volcom LLC.
- Zai Sakai
- Anta International Limited
- Black Diamond Equipment, Ltd.
- Decathlon
- Vista Outdoor Inc.