'Global Avalanche Airbags Market' the new research report adds in Data Bridge Market Research's reports database. This Research Report spread across 329 Page, 53 No of Tables, And 244 No of Figures with summarizing Top companies, with tables and figures. The Avalanche Airbags market research report presents a comprehensive study on production capacity, consumption, import and export for all the major regions across the world. By keeping in mind the end user's point of view, a team of researchers, forecasters, analysts and industry expert's work in-depth to formulate this Avalanche Airbags market research report. The research and analysis carried out in this Avalanche Airbags report assists clients to forecast investment in an emerging market, expansion of market share or success of a new product. To turn complex market insights into simpler version, well established tools and techniques are used for generation of Avalanche Airbags 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.
Top Key players in Global Avalanche Airbags Market Report: 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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Market Segmentation:
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.
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Avalanche Airbags Market Regional Analysis/Insights
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.
Key questions answered in the report:
- What will the market development pace of the Avalanche Airbags market?
- What are the key factors driving the Global Avalanche Airbags market?
- Who are the key manufacturers in the market space?
- What are the market openings, market hazard and market outline of the market?
- What are sales, revenue, and price analysis of top manufacturers of Avalanche Airbags market?
- Who are the distributors, traders, and dealers of Avalanche Airbags market?
- What are the Avalanche Airbags market opportunities and threats faced by the vendors in the Global Avalanche Airbags industries?
- What are deals, income, and value examination by types and utilizations of the market?
- What are deals, income, and value examination by areas of enterprises?
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