Ski Equipment & Gear Industry
The global ski equipment and gear market size is expected to reach USD 22.9 billion in 2030 and is expected to grow at a CAGR of 5.4% from 2024 to 2030. Increasing participation in the outdoor recreational sports including skiing at a global level is expected to remain a favorable factor. Furthermore, rising importance of rental skiing as a key service offering that provides convenience, professional expert advice, and product availability at affordable prices is expected to open new avenues for the market in the near future.
Growth of the tourism industry is one of the key factors increasing the spending on skiing, which, in turn, is expected to promote the scope of various sports equipment. The World Bank Group revealed that the international tourist arrivals have increased from 1.24 billion in 2016 to 1.33 billion in 2017. Furthermore, emergence of the Indian Himalayas as a snow sports hub as a result of supportive government policies aimed at the development of hill stations, including Auli and Manali, is expected to open new industry avenues.
Product innovation is expected to remain a critical success factor over the next few years. For instance, in 2016, Scott Sports launched Walkable Ski Boot to provide the skiers optimum grip during skiing. Moreover, these boots are designed in such a way that it can be used for normal walking, thereby making them effective and comfortable in nature.
For instance, in 2018, Salmon S.A.S. launched Salomon QST 99, a lightweight ski to provide a better and smooth experience of skiing so that the customer can achieve more speed with less effort. Moreover, in 2018, Oakley Inc. launched Inferno Prizm Goggles. With this new product, the company is providing anti-fogging feature to the customers with the help of an electric heat current to clear the glasses.
Gather more insights about the market drivers, restrains and growth of the Global Ski Equipment & Gear market
Ski Equipment & Gear Market Segments Highlights:
- Clothing held the dominant share of 32.7% in 2023, owing to the growing acceptance of advanced designs in ski clothing. Headgear is expected to emerge as the fastest-growing segment during the forecast period
- Supermarkets & hypermarkets dominated the market in 2023 as they offer convenient access to ski equipment and gear
- The North America ski equipment and gear market held a share of 42.0% in 2023
Ski Equipment & Gear Market Report Segmentation
Grand View Research has segmented the global Ski Equipment & Gear market report based on product, economy, Indication, and region:
Ski Equipment & Gear Product Outlook (Revenue, USD Million, 2018 - 2030)
- Clothing
- Head Gear
- Footwear
- Ski and Poles
- Others
Ski Equipment & Gear Application Outlook (Revenue, USD Million, 2018 - 2030)
Ski Equipment & Gear Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)
- Supermarket/ Hypermarket
- Convenience Stores
- Online
Ski Equipment & Gear Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- Europe
- Germany
- UK
- France
- Switzerland
- Russia
- Austria
- Norway
- Asia Pacific
- Latin America
- Middle East and Africa (MEA)
Key Ski Equipment & Gear Company Insights
- Amer Sports Oyj
- Fischer Beteiligungs Verwaltungs GmbH
- Black Diamond Equipment, Ltd.
- Skis Rossignol S.A.
- The Burton Corporation
- Icelantic LLC
- Marker Volkl (International) Sales GmbH
- Volcom LLC
- Helly Hansen
- Coalition Snow
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