PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1551828
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1551828
Ski Equipment
Global Ski Equipment Market to Reach US$5.1 Billion by 2030
The global market for Ski Equipment estimated at US$3.9 Billion in the year 2023, is expected to reach US$5.1 Billion by 2030, growing at a CAGR of 3.7% over the analysis period 2023-2030. Skis & Poles, one of the segments analyzed in the report, is expected to record a 4.1% CAGR and reach US$2.7 Billion by the end of the analysis period. Growth in the Ski Boots segment is estimated at 3.6% CAGR over the analysis period.
The U.S. Market is Estimated at US$1.0 Billion While China is Forecast to Grow at 3.6% CAGR
The Ski Equipment market in the U.S. is estimated at US$1.0 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$815.5 Million by the year 2030 trailing a CAGR of 3.6% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 3.5% and 3.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR.
Global Ski Equipment Market - Key Trends and Drivers Summarized
How Is Ski Equipment Evolving to Enhance Performance and Safety on the Slopes?
Ski equipment is continuously evolving, incorporating advanced technologies and innovative designs to enhance both performance and safety for skiers of all skill levels. Modern ski gear includes high-tech skis, boots, bindings, helmets, and apparel, each element refined to improve functionality and comfort. For instance, today's skis are made with lightweight yet durable materials such as carbon fiber and titanium, allowing for sharper turns and better control at high speeds. Boots have become more sophisticated with custom moldable liners and adjustable settings that provide a better fit, crucial for precise maneuvering and injury prevention. Bindings, too, have seen significant improvements; they are now designed to release more reliably during a fall, reducing the risk of injury. In addition to enhancing performance, modern ski equipment emphasizes safety. Helmets and protective gear are equipped with features like MIPS (Multi-directional Impact Protection System) technology, which helps reduce the rotational forces during an angled impact. These advancements make skiing more enjoyable and safer, encouraging more people to participate in the sport while minimizing the risk of injury.
What Innovations Are Enhancing the Functionality of Ski Equipment?
Innovations in ski equipment are geared towards maximizing efficiency, safety, and user comfort. One of the most significant advancements is the integration of smart technology into equipment. For example, GPS-enabled goggles now provide real-time navigation, performance tracking, and even communication capabilities, allowing skiers to optimize their routes and stay connected with friends on the slopes. Another innovation is in the development of electronically adjustable ski bindings that adapt to changing skiing conditions automatically, enhancing stability and performance. Additionally, heated ski boots and gloves are becoming more popular, offering adjustable temperature controls to improve comfort in cold conditions. Apparel has also seen technological enhancements, including lightweight, waterproof, and breathable fabrics that maintain body warmth while preventing overheating, crucial for endurance and comfort in harsh weather conditions. These innovations are making ski equipment more adaptive and responsive to the needs of modern skiers, enhancing their overall experience and safety.
How Do Advances in Ski Equipment Impact Environmental Sustainability?
Advances in ski equipment increasingly consider environmental sustainability. Manufacturers are adopting eco-friendly practices, such as using recycled materials for ski jackets and pants and sustainable wood cores in skis. Many companies are also reducing the use of harmful chemicals in their production processes, such as perfluorinated chemicals (PFCs) used in waterproof coatings. Additionally, the ski industry is seeing a trend towards more durable products that offer longer lifespans, reducing waste and the need for frequent replacements. Some brands have initiated take-back programs for used equipment, aiming to recycle or repurpose ski gear and reduce environmental impact. As consumers become more environmentally conscious, the demand for sustainably produced ski equipment grows, pushing the industry towards more green innovations and practices.
What Trends Are Driving Growth in the Ski Equipment Market?
The ski equipment market is driven by trends such as an increasing interest in outdoor recreational activities, technological advancements in sports equipment, and a growing awareness of safety on the slopes. As more people seek healthy, active lifestyles, winter sports like skiing are gaining popularity, boosting demand for ski equipment. Technological innovations that enhance the safety and performance of ski gear are making the sport more accessible to beginners and more enjoyable for experienced enthusiasts, further driving market growth. Additionally, there is a rising trend in ski tourism, with enthusiasts traveling to exotic and remote locations for unique skiing experiences, which stimulates demand for high-performance gear suited to various terrains and conditions. Moreover, heightened safety regulations and awareness are prompting skiers to invest in advanced protective gear, contributing to the overall growth of the ski equipment market. These trends underscore the dynamic nature of the ski equipment industry and its adaptability to changing consumer preferences and technological innovations.
Select Competitors (Total 42 Featured) -
- Alpina d.o.o.
- Amer Sports Oyj
- Atomic Austria GmbH
- Black Crows
- Black Diamond Equipment Ltd.
- Coalition Snow
- Decathlon
- Elevate Outdoor Collective Holdings, LP (Volkl)
- Fischer Sports GmbH
- Kneissl Tirol GmbH
- Salomon S.A.S.
- Skis Rossignol SA
- Swix Sport AS
- Tecnica Group S.p.A. (BLIZZARD - TECNICA )
- Vista Outdoor, Inc.;
TABLE OF CONTENTS
I. METHODOLOGY
II. EXECUTIVE SUMMARY
- 1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Ski Equipment - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
- 2. FOCUS ON SELECT PLAYERS
- 3. MARKET TRENDS & DRIVERS
- Global Rise in Winter Sports Popularity Drives Ski Equipment Sales
- Sustainability Trends Influence Materials and Production Techniques in Ski Manufacturing
- Rise in Ski Tourism & Expansion of Ski Resorts Worldwide Bolsters Ski Equipment Market
- Demographic Shifts and Growing Interest Among Young Population Propel Ski Participation
- Increasing Disposable Income in Emerging Economies Expands Ski Equipment Demand
- E-commerce Growth Provides New Sales Channels for Ski Equipment Brands
- Rental Services Popularity Affects Ski Equipment Purchase Patterns
- Advancements in Wearable Tech Integration in Ski Gear Sets New Market Trends
- Competitive Sporting Events Spur Interest and Demand for High-Performance Ski Gear
- 4. GLOBAL MARKET PERSPECTIVE
- TABLE 1: World Ski Equipment Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
- TABLE 2: World Recent Past, Current & Future Analysis for Ski Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
- TABLE 3: World Historic Review for Ski Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 4: World 16-Year Perspective for Ski Equipment by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2014, 2024 & 2030
- TABLE 5: World Recent Past, Current & Future Analysis for Skis & Poles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
- TABLE 6: World Historic Review for Skis & Poles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 7: World 16-Year Perspective for Skis & Poles by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
- TABLE 8: World Recent Past, Current & Future Analysis for Ski Boots by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
- TABLE 9: World Historic Review for Ski Boots by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 10: World 16-Year Perspective for Ski Boots by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
- TABLE 11: World Recent Past, Current & Future Analysis for Ski Bindings by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
- TABLE 12: World Historic Review for Ski Bindings by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 13: World 16-Year Perspective for Ski Bindings by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
- TABLE 14: World Recent Past, Current & Future Analysis for Ski Protective Gear by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
- TABLE 15: World Historic Review for Ski Protective Gear by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 16: World 16-Year Perspective for Ski Protective Gear by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
- UNITED STATES
- Ski Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
- TABLE 17: USA Recent Past, Current & Future Analysis for Ski Equipment by Product Type - Skis & Poles, Ski Boots, Ski Bindings and Ski Protective Gear - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- TABLE 18: USA Historic Review for Ski Equipment by Product Type - Skis & Poles, Ski Boots, Ski Bindings and Ski Protective Gear Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 19: USA 16-Year Perspective for Ski Equipment by Product Type - Percentage Breakdown of Value Sales for Skis & Poles, Ski Boots, Ski Bindings and Ski Protective Gear for the Years 2014, 2024 & 2030
- CANADA
- TABLE 20: Canada Recent Past, Current & Future Analysis for Ski Equipment by Product Type - Skis & Poles, Ski Boots, Ski Bindings and Ski Protective Gear - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- TABLE 21: Canada Historic Review for Ski Equipment by Product Type - Skis & Poles, Ski Boots, Ski Bindings and Ski Protective Gear Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 22: Canada 16-Year Perspective for Ski Equipment by Product Type - Percentage Breakdown of Value Sales for Skis & Poles, Ski Boots, Ski Bindings and Ski Protective Gear for the Years 2014, 2024 & 2030
- JAPAN
- Ski Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
- TABLE 23: Japan Recent Past, Current & Future Analysis for Ski Equipment by Product Type - Skis & Poles, Ski Boots, Ski Bindings and Ski Protective Gear - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- TABLE 24: Japan Historic Review for Ski Equipment by Product Type - Skis & Poles, Ski Boots, Ski Bindings and Ski Protective Gear Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 25: Japan 16-Year Perspective for Ski Equipment by Product Type - Percentage Breakdown of Value Sales for Skis & Poles, Ski Boots, Ski Bindings and Ski Protective Gear for the Years 2014, 2024 & 2030
- CHINA
- Ski Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
- TABLE 26: China Recent Past, Current & Future Analysis for Ski Equipment by Product Type - Skis & Poles, Ski Boots, Ski Bindings and Ski Protective Gear - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- TABLE 27: China Historic Review for Ski Equipment by Product Type - Skis & Poles, Ski Boots, Ski Bindings and Ski Protective Gear Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 28: China 16-Year Perspective for Ski Equipment by Product Type - Percentage Breakdown of Value Sales for Skis & Poles, Ski Boots, Ski Bindings and Ski Protective Gear for the Years 2014, 2024 & 2030
- EUROPE
- Ski Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
- TABLE 29: Europe Recent Past, Current & Future Analysis for Ski Equipment by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
- TABLE 30: Europe Historic Review for Ski Equipment by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 31: Europe 16-Year Perspective for Ski Equipment by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2014, 2024 & 2030
- TABLE 32: Europe Recent Past, Current & Future Analysis for Ski Equipment by Product Type - Skis & Poles, Ski Boots, Ski Bindings and Ski Protective Gear - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- TABLE 33: Europe Historic Review for Ski Equipment by Product Type - Skis & Poles, Ski Boots, Ski Bindings and Ski Protective Gear Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 34: Europe 16-Year Perspective for Ski Equipment by Product Type - Percentage Breakdown of Value Sales for Skis & Poles, Ski Boots, Ski Bindings and Ski Protective Gear for the Years 2014, 2024 & 2030
- FRANCE
- Ski Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
- TABLE 35: France Recent Past, Current & Future Analysis for Ski Equipment by Product Type - Skis & Poles, Ski Boots, Ski Bindings and Ski Protective Gear - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- TABLE 36: France Historic Review for Ski Equipment by Product Type - Skis & Poles, Ski Boots, Ski Bindings and Ski Protective Gear Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 37: France 16-Year Perspective for Ski Equipment by Product Type - Percentage Breakdown of Value Sales for Skis & Poles, Ski Boots, Ski Bindings and Ski Protective Gear for the Years 2014, 2024 & 2030
- GERMANY
- Ski Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
- TABLE 38: Germany Recent Past, Current & Future Analysis for Ski Equipment by Product Type - Skis & Poles, Ski Boots, Ski Bindings and Ski Protective Gear - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- TABLE 39: Germany Historic Review for Ski Equipment by Product Type - Skis & Poles, Ski Boots, Ski Bindings and Ski Protective Gear Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 40: Germany 16-Year Perspective for Ski Equipment by Product Type - Percentage Breakdown of Value Sales for Skis & Poles, Ski Boots, Ski Bindings and Ski Protective Gear for the Years 2014, 2024 & 2030
- ITALY
- TABLE 41: Italy Recent Past, Current & Future Analysis for Ski Equipment by Product Type - Skis & Poles, Ski Boots, Ski Bindings and Ski Protective Gear - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- TABLE 42: Italy Historic Review for Ski Equipment by Product Type - Skis & Poles, Ski Boots, Ski Bindings and Ski Protective Gear Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 43: Italy 16-Year Perspective for Ski Equipment by Product Type - Percentage Breakdown of Value Sales for Skis & Poles, Ski Boots, Ski Bindings and Ski Protective Gear for the Years 2014, 2024 & 2030
- UNITED KINGDOM
- Ski Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
- TABLE 44: UK Recent Past, Current & Future Analysis for Ski Equipment by Product Type - Skis & Poles, Ski Boots, Ski Bindings and Ski Protective Gear - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- TABLE 45: UK Historic Review for Ski Equipment by Product Type - Skis & Poles, Ski Boots, Ski Bindings and Ski Protective Gear Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 46: UK 16-Year Perspective for Ski Equipment by Product Type - Percentage Breakdown of Value Sales for Skis & Poles, Ski Boots, Ski Bindings and Ski Protective Gear for the Years 2014, 2024 & 2030
- REST OF EUROPE
- TABLE 47: Rest of Europe Recent Past, Current & Future Analysis for Ski Equipment by Product Type - Skis & Poles, Ski Boots, Ski Bindings and Ski Protective Gear - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- TABLE 48: Rest of Europe Historic Review for Ski Equipment by Product Type - Skis & Poles, Ski Boots, Ski Bindings and Ski Protective Gear Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 49: Rest of Europe 16-Year Perspective for Ski Equipment by Product Type - Percentage Breakdown of Value Sales for Skis & Poles, Ski Boots, Ski Bindings and Ski Protective Gear for the Years 2014, 2024 & 2030
- ASIA-PACIFIC
- Ski Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
- TABLE 50: Asia-Pacific Recent Past, Current & Future Analysis for Ski Equipment by Product Type - Skis & Poles, Ski Boots, Ski Bindings and Ski Protective Gear - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- TABLE 51: Asia-Pacific Historic Review for Ski Equipment by Product Type - Skis & Poles, Ski Boots, Ski Bindings and Ski Protective Gear Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 52: Asia-Pacific 16-Year Perspective for Ski Equipment by Product Type - Percentage Breakdown of Value Sales for Skis & Poles, Ski Boots, Ski Bindings and Ski Protective Gear for the Years 2014, 2024 & 2030
- REST OF WORLD
- TABLE 53: Rest of World Recent Past, Current & Future Analysis for Ski Equipment by Product Type - Skis & Poles, Ski Boots, Ski Bindings and Ski Protective Gear - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- TABLE 54: Rest of World Historic Review for Ski Equipment by Product Type - Skis & Poles, Ski Boots, Ski Bindings and Ski Protective Gear Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 55: Rest of World 16-Year Perspective for Ski Equipment by Product Type - Percentage Breakdown of Value Sales for Skis & Poles, Ski Boots, Ski Bindings and Ski Protective Gear for the Years 2014, 2024 & 2030
IV. COMPETITION
