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Curling Sports Equipment & Accessories Market

Curling Sports Equipment & Accessories Market

Curling Sports Equipment & Accessories Market Analysis Report By Product Type (Broom, Shoes, Slider, Stone), By End-User (Individual, Institutional Buyers), By Sales Channel (Online, Offline), By Region - Global Insights 2022-2032

Curling Sports Equipment & Accessories Market
FACT313MR
  • Mar-2022
  • List of Tables : 56
  • List of Figures : 94
  • 170 Pages
  • Sports

Global Curling Sports Equipment & Accessories Market Outlook

The global curling sports equipment & accessories market is estimated at USD 553.8 Million in 2022 and is forecast to surpass USD 705.4 Million by 2032, growing at a CAGR of 2.4% from 2022 to 2032.

Report Attributes

Details

Base Year Value (2021A)

USD 543.4 Million

Estimated Year Value (2022E)

USD 553.8 Million

Projected Year Value (2032F)

USD 705.4 Million

Global Growth Rate (2022-2032)

 CAGR 2.4%

North America Market Share in 2021

~25%

North America Growth Rate (2022-2032)

CAGR ~2.6%

Collective Value Share (U.S, China, India) 2022: Top 3 Countries

~39%

Top 5 Companies Market Share in 2021

~19%

Key Companies Profiled

  • Goldline Curling
  • Olson Curling
  • BalancePlus Sliders
  • Andrew Kay & Co.
  • Acacia Sports
  • Hardline Curling
  • Performance Brush - Curling Andre Ferland
  • Tournament Sports
  • Canada Curling Stone
  • Other Market Players

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2017-2021 Global Curling Sports Equipment & Accessories Market Outlook in Comparison to 2022-2032 Growth Forecast

Curling is called as shuffleboard, chess on ice or hybrid of bowling, is a form of ice sport where players play on ice sheets sliding the curling stones on it. It involves the usage of multiple equipment’s & accessories by the players to play the game.

The emergence of curling sports as a bar game has been transformed into drinking sports and its adoption in rooftop curling clubs as a new recreational activity is likely to provide a gain of 98 BPS to the curling sports equipment & accessories market during the forecast years of 2022-2032.

Fact.MR projects the curling sports equipment & accessories market is expected to witness exhibiting growth at 2.4% CAGR during 2022 and 2032 in comparison to a CAGR of 1.3% with which it grew from 2017 and 2021.

Factors Supporting Market Growth

The curling broom handle enhances sweeping power of curlers. Manufacturers are dealing with two-part handles and are designing sliders with updated technology to sole flatness and escalate heel stability on ice sheets. Additionally, boomerang shaped heads, circular heads, rectangular heads, and flat synthetic heads are being introduced.

Moreover, owing to the rise in curling coaching, curling as a sport is gaining popularity. The rise in adoption of sports activities is facilitating the sales of curling equipment & accessories by 2/5th of current levels in coming years. In addition to this, escalating number of sports competitions in Paralympics and Olympics is likely to boost the market demand of curling sports equipment & accessories market by 1.1X over the assessment period of 2022-2032.

An Adaptive Approach to Modern-day Research Needs

Manufacturers Introducing Innovative Curling Shoes

The use of appropriate shoes or footwear is considered to be one of the chief effective strategy to prevent injuries in sports. Therefore, key players in the curling sports equipment & accessories market are introducing numerous innovative curling shoes in order to stay ahead of their competitors and attract consumers towards them. They are producing shoes using advanced technologies. For instance, shoes made using RDS technology produces a linear sliding and unwavering path even after slider wear out slightly. This is expected to create additional revenue generation for the manufacturers and enhance their sales by 2.1X during the forecast years of 2022-2032.

Recreational Activities to Offer Opportunities

The rise in middle class population for an increase in voluntarism activities as part of the recreational sector is likely to create opportunities for the manufacturers in the curling sports equipment & accessories market in coming years. Moreover, curling is forming another hyped trend wherein baby boomers are participating in recreational activities which is estimated to support market demand by 1/6th of current levels in coming forecast years of 2022-2032.

However, the sales of curling sports equipment & accessories market is likely to be hampered owing to the shortage of granite globally. This is estimated to hamper the growth of the market by 0.6X during the forecast years of 2022-2032.

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Region-wise Insights

Which region accounts for more enhanced demand for Curling Sports Equipment & Accessories Market?

North America curling sports equipment & accessories market accounts for the largest market share of 25.4%. The region is projected to register a CAGR of 2.6% during the forecast years. The growth is attributed to the factors such as rise in participation of consumers in recreational activities along with the presence of established players in the region along with the entry of new players in the market to offer their products. The second leading region is Europe by holding 24.1% of the overall market share, it is projected to grow at a CAGR of 2.4% over the assessment period.

What is the market scenario in East Asia and South Asia & Oceania Curling Sports Equipment & Accessories Market?

The Asia Pacific region comprising of South Asia & Oceania and East Asia curling sports equipment & accessories market holds 19.3% and 21.5% of the overall curling sports equipment & accessories market, and holds 40.8% market share together. The East Asia and South Asia & Oceania curling sports equipment & accessories market is projected to grow at a CAGR of 3.1% and 3.3% during the forecast period of 2022-2032.

The higher growth in both the regions is attributed to the fact that the youth population is more in these regions and is likely to rise in coming years. Moreover, the youth is getting attracted towards the recreational sports at a greater pace than ever before, which is likely to support market growth in coming years.

Curling sports equipment accessories market forecast by Fact.MR

Category-wise Insights

Which product type holds dominant market share and is likely to show higher growth in Curling Sports Equipment & Accessories Market over the assessment period?

The curling sports equipment & accessories under product type is segmented into shoes, broom, stone, slider, sports apparel, others etc. Amongst them, the shoes segment leads the market by holding 27.9% of the overall market share and is projected to register a CAGR of 3.1% during the forecast period. The growth is attributed to the shoes being the most lucrative amongst product type as they play an imperative role in enhancing the game of the players. Moreover, numerous innovative curling shoes using advanced technologies are being introduced by the manufacturers in the market.

The next leading segment under product type are apparels and broom, which holds 21.3% and 19.6% of the overall curling sports equipment & accessories market share. Both the segments are projected to register CAGR of 2.8% and 2.4% during the forecast years of 2022-2032.

Which end-user segment is estimated to support market growth in the Curling Sports Equipment & Accessories Market during the forecast period?

Under the end-user segment, the curling sports equipment & accessories market is segmented into individual, institutional and promotional buyers. The leading segment is the individual buyers which holds 35.7% of the overall market share and is projected to grow at a CAGR of 3.2% during the forecast years of 2022-2032. The growth is attributed to the fact that individuals make a greater purchase of curling sports & equipment’s to fulfill their recreational needs.

The next leading segment under the end-user segment are institutional buyers and promotional buyers which holds 34.4% and 29.9% of the overall market share and are projected to register a CAGR of 2.9% and 2.7% over the assessment period.

Competitive Landscape: Top Companies in Curling Sports Equipment & Accessories Market

The global curling sports equipment & accessories market is highly fragmented and competitive owing to the existence of many domestic and regional players. Various marketing strategies are adopted by key players such as mergers and acquisitions, expansions, collaborations and partnerships.

Also, new product development as a strategic approach is adopted by the leading companies to upscale their market presence among consumers. These strategies have resulted in the manufacturing of curling sports equipment & accessories.

Fact.MR has provided detailed information about price points of key manufacturers in curling sports equipment & accessories market positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report.

For instance:

  1. Goldline Curling in 2021 launched three broom designs under the United We Curl broom series. The United We Curls is an initiative designing special curling brooms in order to promote diversity in curling, to fight systemic racism and promoting inclusion in curling sport
  2. Tournament Sports was acquired by Sports Maska Inc. in 2021. This acquisition will help in the commitment to innovation and technology and will help in the expansion of product portfolio offering to the consumers

Global Curling Sports Equipment & Accessories Market by Category

  • By Product Type, Global Curling Sports Equipment & Accessories Market is segmented as:

    • Broom
    • Shoes
    • Slider
    • Stone
    • Apparels
    • Others
  • By End-User, Global Curling Sports Equipment & Accessories Market is segmented as:

    • Individual Buyers
    • Institutional Buyers
    • Promotional Buyers
  • By Sales Channel, Global Curling Sports Equipment & Accessories Market is segmented as:

    • Online Sales
    • Offline Sales
      • Independent Sports Outlet
      • Franchised Sports Outlet
      • Modern Trade
      • Direct to Customer
      • Other Sales Channel
  • By Region, Global Curling Sports Equipment & Accessories Market is segmented as:

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • MEA

- FAQs -

The global value of curling sports equipment & accessories market is estimated to be worth over USD 553.8 Million in 2022.
The demand is anticipated to surpass USD 705.4 Million by 2032 end.
During 2017-2021, global curling sports equipment & accessories market grew at 1.3% CAGR.
Some of the prominent players in curling sports equipment & accessories market are Goldline Curling, Olson Curling, BalancePlus Sliders, Andrew Kay & Co., Acacia Sports, Hardline Sports etc.
North America tops the global curling sports equipment & accessories market accounting for 25.4% of global market share in 2022.
Shoes in curling sports equipment & accessories under the product type contributes 27.9% of market share in global sales of curling sports equipment & accessories.

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