A Qualitative Research Study accomplished by Data Bridge Market research's titled as "Avalanche Airbags Market" with 100+ market data Tables, Pie Charts, Graphs & Figures spread through Pages and easy to understand detailed analysis. Avalanche Airbags market research report has been generated with the systematic gathering and evaluation of market information for Avalanche Airbags industry which is presented in a form that explains various facts and figures to the business. This market research report contains thorough analysis of market and numerous related factors that range from market drivers, market restraints, market segmentation, opportunities, challenges, and market revenues to competitive analysis. It lends a hand to companies to take decisive actions to deal with threats in niche market. A brilliant team of analysts, experts, statisticians, forecasters and economists has worked rigorously to generate this advanced and all-inclusive Avalanche Airbags market research report.
Market Analysis and Insights of Avalanche Airbags Market
Data Bridge Market Research analyses that the global avalanche airbags market will project a CAGR of 8.20% for the forecast period of 2022-2029. Growth and expansion of fast moving consumables goods industry especially in the developing economies, rising fondness among the youngsters to participate in adventure sports globally, growing awareness about the various brands and increasing personal disposable income are the major factors attributable to the growth of avalanche airbags. Therefore, the avalanche airbags market value, which was USD 201 million in 2021, would rocket up to USD 408.54 million by 2029.
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From the name itself, it is clear that the avalanche airbags are the safety gears that are used by the mountaineers to carry the backpack and survive in case of avalanche. Wearing an inflated avalanche airbag has proven to improve the survival rate by 50%.
Surging number of mountaineers, trekkers, and adventure enthusiasts and rising number of product innovations are the major factors fostering growth of the market. Rising awareness about the need to adopt airbags for safety purposes and surging number of fatalities will further create lucrative growth opportunities for the market. Rising number of offline distribution channels, growing number of celebrity brand endorsements and increasing penetration of e-commerce platforms are other important factors bolstering the market growth rate.
Some of the major players operating in the Avalanche Airbags market are: Mammut Sports Group AG, ABS, Amer Sports, Backcountry Access EU, Black Diamond Equipment, Ltd, NIC IMPEX, SAS., ORTOVOX Sportartikel GmbH, Osprey Packs, Inc., SCOTT Sports SA., THE NORTH FACE, Dakine, Osprey Packs, Inc., MYSTERY RANCH BACKPACKS, Millet SA, MOTORFIST., Deuter Sport GmbH, Clarus Corporation., Nike, Inc., Under Armour, Inc. and ASICS Asia Pte. Ltd.
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The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the Avalanche Airbags market
- Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the market
- Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the market
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Avalanche Airbags Market
Consider Data Bridge Market Research for this Report which would Help Impact Your Revenues Positively
- This study offers the latest product news, trends, and updates from the industry's leading players who have leveraged their market position.
- It also offers strategic plans and standards to arrive at informed business decisions adopted by the main players, thereby advocating your go to market strategies.
- In addition, it offers insights into the dynamics of customer behavior that can help the organization better curate market strategies
- Usage of exclusive tailor-made tools along with primary research, secondary research and our in-house data model helps us in extracting the exact market numbers
- Mapping the customer in 3P grid comprising of Purpose, Planning and Positioning, thereby delivering a solution by keeping the prospecting client at the sweet spot
- The market research report includes all of the market's valuable elements, such as sales growth, product pricing & analysis, growth opportunities, and recommendations for addressing market challenges
- The Avalanche Airbags report covers all the primary mergers & acquisitions, alliances, and collaborations that have generated additional opportunities for market players or in some cases, challenges
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Key Industry Segmentation: Avalanche Airbags Market
The avalanche airbags market is segmented on the basis of airbag type, activation type, system type, airbag size, price, application and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of airbag type, the avalanche airbags market is segmented into mono avalanche airbags and dual avalanche airbags.
- On the basis of activation type, the avalanche airbags market is segmented into canister/ cartridge powered avalanche bags and electric fan powered avalanche bags.
- On the basis of system type, the avalanche airbags market is segmented into integrated, base unit and removable systems.
- On the basis of airbag size, the avalanche airbags market is segmented into below 25 litres, between 25 - 35 litres, and Above 35 litres.
- On the basis of price, the avalanche airbags market is segmented into low [below US$ 500], medium [US$ 500 - US$ 800], and high [above US$ 800].
- On the basis of application, the avalanche airbags market is segmented into skiing, climbing, hiking, snowboarding, split boarding, snowmobile, and others.
- The avalanche airbags market is segmented in terms of market value, volume, market opportunities, and niches into multiple distribution channel. The distribution channel segment is segmented into online distribution channel, and offline distribution channel. Offline distribution channel has been further segmented into shopping mall, chain specialty store, sports variety stores and others. Online distribution channel has been further segmented into e-commerce platforms and company owned websites.
Regional Analysis/Insights: Avalanche Airbags Market
The avalanche airbags market is segmented on the basis of airbag type, activation type, system type, airbag size, price, application and distribution channel.
The countries covered in the avalanche airbags market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America is dominating the market and will continue to owing to the rising popularity of winter sports among millennial and rise in consumer spending capacity to buy products that improve the safety quotient. Asia-Pacific will continue to undergo substantial gains during the forecast period and score the highest growth rate owing to the increased presence of consumer willingness to spend on recreational sports and improving personal disposable income.
The country section of the avalanche airbags market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Table of Contents:
- Introduction
- Market Segmentation
- Executive Summary
- Premium Insights
- Global Avalanche Airbags Market: Regulations
- Market Overview
- Global Avalanche Airbags Market, By Variety
- Global Avalanche Airbags Market, By Packaging Size
- Global Avalanche Airbags Market, By Application
- Global Avalanche Airbags Market, By Distribution Channel
- Global Avalanche Airbags Market, By Region
- Global Avalanche Airbags Market: Company Landscape
- SWOT Analyses
- Company Profile
- Questionnaires
- Related Reports
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