Global snow sports accessories market is growing steadily due to the growing popularity of snow sports like skiing. In addition, there are several countries in the world that are devoted to the development of snow sports infrastructure. Due to this, people are being attracted to snow sports and are increasingly indulging in them. Governments in countries like China and South Korea are making large scale investments in developing infrastructure for snow sports such as ski slopes and night ski, which will further boost the snow sports accessories market. Besides this, a growing awareness about health and fitness and the rise of ecommerce domain is also contributing to the growth of this market. However, availability of counterfeit products and rising cost of snow sports accessories are acting as a restraint to the growth of the snow sports accessories market.
Snow sports accessories are various types of equipment that are used in various sports like skiing and snowboarding among others. The various types of equipment termed as snow sports accessories are goggles, snowshoes, helmets, protection pads, etc. among others.
This Fact.MR report on the global snow sports accessories market forecasts that the global snow sports accessories market will touch a value of nearly US$ 1,310 Mn in the year 2022 and grow at a sluggish CAGR during the assessment period.
Market Taxonomy
|
Product Type |
Sales Channel |
Price Range |
Demographics |
|
Goggles |
Sport Stores |
Economy |
Men |
|
Sunglasses |
Franchised Stores |
Mid-Range |
Women |
|
Snowshoes |
Specialty Stores |
Premium |
Kids |
|
Helmets |
Online |
Super- Premium |
|
|
Backcountry Accessories |
|||
|
Protection Pads |
|||
|
Others |
(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)
North America Market Set to Dominate the Global Snow Sports Accessories Market in Terms of Revenue
The market in North America is set to dominate the global snow sports accessories market in terms of value and this trend is projected to sustain itself throughout the assessment period. North America snow sports accessories market is the most attractive market, growing at a sluggish CAGR over the assessment period.
Goggles Segment Poised to Touch a Value of Nearly US$ 429 Mn in 2022
As per the forecast of Fact.MR, the goggles segment is expected to reach a value of nearly US$ 429 Mn in the year 2022. This represents a sluggish CAGR during the forecast period of 2017-2022. Goggles segment is expected to account for nearly one-third of the revenue share of the product type segment by the year 2017 and is expected to gain market share by the end of the year 2022.
Sports Stores Segment to exhibit a CAGR of 2.5% During the Assessment Period
As per the forecast of Fact.MR, the sports stores segment is slated to touch a figure of US$ 330 Mn in the year 2022. This represents a CAGR of 2.5% during the assessment period from 2017 till the year 2022. This segment is expected to gain market share by the end of the year 2022. The sports stores segment is expected to account for more than one-fourth of the revenue share of the channel segment by the year 2017.
Competition Tracking
The report also profiles companies that are expected to remain active in the expansion of global snow sports accessories market through 2022, which include Amer Sports Corporation, NIKE, Inc., Black Diamond, Inc., Fischer Sports GmbH, Head NV, Lucky Bums, LLC, Olympia Sports, Inc., Skis Rossignol SAS and The Burton Corporation.
Note: The insights mentioned here are of the respective analysts, and do not reflect the position of Fact.MR
Snow sports accessories market is exhibiting a steady growth worldwide due to the rising popularity of snow sports like skiing and snowboarding. Governments all over the world are making massive investments in developing snow sports infrastructure and this is also aiding the growth of this market. The report, compiled by Fact.MR, provides in-depth analysis of the global snow sports accessories market for the forecast period 2017-2022, and offers key insights about future market direction.
Scope
The scope of Fact.MR’s report is to analyze the global snow sports accessories market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Snow sports accessories 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.
Summary
The report commences with a brief information of the global snow sports accessories 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 snow sports accessories market.
Overview
The next section offers an overview of the snow sports accessories market. This comprises an introduction to the market, along with a standard definition of the product – snow sports accessories. 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 snow sports accessories market, the report provides updates about market opportunities, which can benefit leading manufacturers of snow sports accessories. With continuous evolution of the sports industry, keeping a record of latest developments and trends is fundamental for snow sports accessories 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 the wide scope of the global snow sports accessories market and to offer in-depth insights, Fact.MR’s report provides segment-wise analysis and forecast. The global snow sports accessories market has been categorized on the basis of product type, channel, price range, demographics and region. This segmentation analysis is comprehensive, coupled with a detailed country-wise forecast provided on all parameters.
The report’s last section comprises of the global snow sports accessories 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 snow sports accessories market.
Research Methodology
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
Fact.MR offers custom research services that help clients to get specific research solutions
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Snow Sports Accessories Market Forecast, Trend Analysis & Competition Tracking: Global Market insights 2017 to 2022