What Has Been the Growth Trajectory for the Ski Equipment And Gear Market in Recent Years?
The ski equipment and gear market has seen considerable growth due to a variety of factors.
•The market size of ski equipment and gear has seen constant growth in the past few years. It is expected to expand from $1.57 billion in 2024 to $1.63 billion in 2025, with a compound annual growth rate (CAGR) of 3.9%.
The reason behind this rise during the historical period is primarily due to the expansion of winter tourism, hosting of Olympic and various sporting events, economic development, promotional campaigns and sponsorships, as well as the popularization of winter sports culture.
How Does the Forecast Look for the Ski Equipment And Gear Market?
The ski equipment and gear market is expected to maintain its strong growth trajectory in upcoming years.
• It is anticipated that the ski equipment and gear market will experience consistent growth in the upcoming years, with a projected value of $1.92 billion in 2029, growing at a Compound Annual Growth Rate (CAGR) of 4.1%.
Driving factors likely influencing this growth include an increased interest in outdoor activities, commitment to health and wellness, preference for sustainable and eco-friendly products, worldwide sporting events, and government initiatives and policies. The forecast period displays key trends such as e-commerce, innovative materials used in production, technological advancements, the inclusion of technology in equipment, and the popularity of backcountry and off-piste gear.
What Are The Leading Drivers Of Growth In The Ski Equipment And Gear Market?
The growth of the ski equipment and gear market is projected to be fuelled by the rise in outdoor sports activities. Outdoor sports denote physical exercise or sports events that take place in an open-air setting and embrace the auxiliary facilities needed for these activities, which can include sports grounds, skateboard parks, trails, and outdoor gear. Ski equipment and gear that are properly designed and appropriately fitted serve to boost performance, heighten safety, and enrich enjoyment during outdoor sports pursuits. For instance, the Outdoor Industry Association, a membership organization based in the US, reported in June 2023 that there had been a 2.3% increase in the number of outdoor participants in 2022, taking the total to a new high of 168.1 million, up from 164.2 million in 2021. As a result, the ski equipment and gear market's growth is being driven by the burgeoning number of outdoor sports activities.
How Are The Segments Defined Within The Global Ski Equipment And Gear Market?
The ski equipment and gear market covered in this report is segmented –
1) By Product: Clothing, Headgear, Ski And Poles, Footwear, Other Products
2) By Application: Male, Female, Kids
3) By Distribution Channel: Super markets And Hyper markets, Convenience Stores, Online
Subsegments:
1) By Clothing: Ski Jackets, Ski Pants, Base Layers, Ski Gloves And Mittens, Ski Socks
2) By Headgear: Ski Helmets, Ski Goggles, Beanies And Headbands, Balaclavas
3) By Ski And Poles: Skis (Alpine, Freestyle, Backcountry), Ski Poles, Ski Bindings
4) By Footwear: Ski Boots, Snowboard Boots, Snowshoes
5) By Other Products: Ski Bags And Storage Solutions, Avalanche Safety Gear, Maintenance And Repair Tools
Pre-Book The Ski Equipment And Gear Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
How Are New Trends Expected To Influence The Growth Of The Ski Equipment And Gear Market?
Leading companies in the ski equipment and gear market are striving for competitive advantage by introducing innovative solutions, such as online rental services. These services provide rental items from responsible clothing brands, delivered directly to the customer's doorstep, with a pick-up option for cleaning and sterilization post-use. For example, in October 2023, the Paris-based luxury fashion house Balenciaga, renowned for designing, producing, and selling ready-to-wear footwear, bags, and accessories, unveiled their debut Skiwear line. This landmark release includes a variety of technically sophisticated clothing, accessories, and athletic gear, and with this, Balenciaga aims to satisfy both the fashion-savvy customers and winter sports aficionados alike. By integrating advanced performance-based materials, Balenciaga aims to offer chic yet functional skiwear solutions.
Who Are the Key Players in the Ski Equipment And Gear Market?
Major companies operating in the ski equipment and gear market include:
• Decathlon SA
• Amer Sports
• Tecnica Group S.p.A
• K2 Sports LLC
• Fischer Beteiligungsverwaltungs GmbH
• Groupe Rossignol
• Head Skis
• Clarus Corp
• Helly Hansen
• Skis Rossignol S.A.
• Salomon
• Alpina DOO
• Black Diamond
• ELAN D.O.O.
• Surefoot
• Armada
• Blizzard Sport GmbH
• Icelantic LLC
• Black Crows
• Dynastar
• Faction Skis
• Kastle
• Full Tilt Boots Global
• ATK Bindings
• Coalition Snow
• Crosson Ski
• Liberty Skis
• Look Bindings
• Stockli Swiss Sports AG
• 4FRNT Skis LLC
• Atomic Austria GmbH
What Is The Most Dominant Region In The Ski Equipment And Gear Market?
North America was the largest region in the ski equipment and gear market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ski equipment and gear market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
