Equipment used by individuals in Alpine skiing i.e. sliding down the snow-covered hills are referred to as alpine skiing equipment. These equipment include skis, bindings, boots, and helmets. These equipment ensure safety of individuals while sliding down the slopes, preventing head and knee injuries.
Alpine skiing is a recreational as well as a competitive winter sport, with a rising number of individuals taking part in the sport. Although it is not mandatory to use helmets in most of the alpine skiing locations, adoption of helmets continue to increase on the back of awareness about head injuries.
Alpine skiing infrastructure has been witnessing development across the globe, promoting tourism, and even driving a country’s economy. For example – in South Korea, a major development in skiing is being undertaken for supporting the 2018 Winter Olympics.
Alpine ski resorts are continuously extending their facilities in well-established ski regions including North America and Europe.
This large-scale development of alpine skiing infrastructure is attracting more individuals to participate in the sport.
In addition, several ski economies have been expanding their initiatives for increasing the rate of participation in alpine skiing, and to reap economic benefits. Ski & Snowboard Australia (SSA), the governing body of competitive snow sports in Australia, had recently launched a program, called “Little Shredders”, for teaching children basics of alpine skiing without visiting slopes.
A new report by Fact.MR projects that the global alpine ski equipment market will register a moderate expansion during the forecast period (2017-2022). Revenues from the global market for alpine ski equipment are expected to reach roughly US$ 700 Mn by 2022-end.
APEJ to Register the Highest CAGR in the Market through 2022
In terms of revenues, North America is estimated to remain the most lucrative market for alpine ski equipment. Sales of alpine ski equipment in North America are expected to reach nearly US$ 200 Mn by 2022-end.
Sales of alpine ski equipment in Asia-Pacific excluding Japan (APEJ) are poised to register the highest CAGR through 2022, followed by Middle East and Africa (MEA). Europe will continue to be the second largest market for alpine ski equipment over the forecast period.
Sales of alpine bindings are projected to exhibit the highest CAGR through 2022, based on equipment type. Accounting for approximately one-third revenue share of the market, alpine boots will remain the most lucrative equipment segment in the global market, followed by all alpine skis.
Specialty stores will continue to be the largest sales channel for alpine ski equipment, with sales estimated to exceed US$ 240 Mn in revenues by 2022-end. Online sales channel for alpine ski equipment is estimated to reflect 4.3% CAGR through 2022.
On the basis of size, >110 mm alpine ski equipment will remain preferred among individuals across the globe. Revenues from this segment are anticipated to account for more than 80% share of the market during 2017 to 2022. Sales of 70-79 mm alpine ski equipment are projected to register the fastest expansion through 2022.
Sales of premium alpine ski equipment will exhibit the highest CAGR as compared to all the other price range segments through 2022.
However, economy alpine ski equipment will continue to be sought-after in the market. Sales of economy alpine ski equipment will account for revenues over US$ 250 Mn by 2022-end.
Know More Details About the Report
Fact.MR’s report identifies leading players in the global alpine ski equipment market, which include
- Amer Sports Corporation
- Newell Brands Inc.
- Clarus Corporation
- Fischer Sports GmbH
- Skis Rossignol SAS
- Head NV
- Kneissl Tirol GmbH
- Nordica S.p.A.
(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)
Large-scale development in the infrastructure of alpine skiing is expected to drive growth of the alpine ski equipment market. Most of the ski countries are taking initiatives to enhance the participation rate of alpine skiing, for reaping economic benefits.
The report, compiled by Fact.MR, provides in-depth analysis of the global alpine ski equipment market for the forecast period 2017-2022, and offers key insights about future market direction.
The scope of Fact.MR’s report is to analyze the global alpine ski equipment market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis.
Alpine ski equipment manufacturers, stakeholders, and suppliers in the global sports industry can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and sports journals.
The report commences with a brief information of the global alpine ski equipment market. This executive summary sets the tone for the rest of the report, providing users the scope of the report.
The executive summary includes important facts and statistics on the global alpine ski equipment market.
The next section offers an overview of the alpine ski equipment market. This comprises an introduction to the market, along with a standard definition of the product – alpine ski equipment.
In this section, market value and year-over-year growth is offered to the readers. Year-over-year growth provides readers with a broader view of growth patterns over the forecast period.
The report’s succeeding section focuses on drivers, restraints and key trends from macroeconomic, demand, and supply perspectives. Impact analysis of weighted average model-based growth drivers is contained in the report for better provision of decision-making insights to clients.
In order to offer readers with up-to-date information about the latest advancements in the global alpine ski equipment market, the report provides updates about market opportunities, which can benefit leading manufacturers of alpine ski equipment.
With continuous evolution of the sports industry, keeping a record of latest developments and trends is fundamental for alpine ski equipment manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, pricing analysis, list of distributors, and cost structure are provided in this section.
Considering wide scope of the global market for alpine ski equipment, and to provide in-depth insights, Fact.MR’s report offers segment-wise analysis and forecast.
The global alpine ski equipment market has been segmented based on equipment type, sales channel, size, price range, and region. This segmentation analysis is comprehensive, along with a detailed country-wise forecast provided on all parameters.
The report’s last section comprises of the global alpine ski equipment market competitive landscape, to provide readers with the dashboard view of company analysis and market players.
This competitive intelligence is based on the providers’ categories across value chain, and their presence in the global alpine ski equipment market.
Fact.MR is committed to offer unbiased and independent market research solutions to its clients. Each market report of Fact.MR is compiled after months of exhaustive research.
We bank on a mix of tried-and-tested and innovative research methodologies to offer the most comprehensive and accurate information. Our main sources of research include,
- Primary research
- Secondary research
- Trade research
- Focused interviews
- Social media analysis
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Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.
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