Global Figure Skating Equipment Market Outlook Report - Market Size, Share Analysis and Forecast (2024-2032)

Global Figure Skating Equipment Market Size

The global figure skating equipment market size is projected to grow at a CAGR of 4.90% in the forecast period of 2024-2032. The major market drivers include increasing inclination towards fitness and sports activities and growing popularity of figure skating sporting events.

Key Trends in the Figure Skating Equipment Market

Figure skating equipment refers to skates and accessories used by figure skaters during training, practice, recreational skating, and competitions. The commonly used figure skating equipment includes figure skates, blade guards, stretchy pants, jackets, skating blades and boots, gloves, and helmets, among others.

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• A key trend propelling the growth of the global figure skating equipment market is the rising consumer interest in figure skating and ice skating. Increasing popularity and broadcast of figure and ice-skating competitions is further boosting the public interest in these activities.

• Increasing awareness about the health benefits associated with figure skating is another factor aiding the expansion of the market for figure skating equipment across the globe. The rising rate of participation and the growing knowledge about the importance of protective gear is fuelling the utilisation of figure skating equipment.

• Rising disposable incomes and adoption of aggressive promotional and marketing strategies by manufacturers and distributors are also fuelling the growth of the figure skating equipment market. Introduction of novel products that are high quality while being lightweight is further increasing the adoption of figure skating equipment.

Figure Skating Equipment Industry Analysis

On the basis of product type, the market is bifurcated into figure skates and figure skating accessories. Based on distribution channels, the market is divided into offline and online. The regional markets for figure skating equipment are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global figure skating equipment market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

• Ice Monster

• Jackson Ultima Skates

• Roces S.r.l.

• EDEA srl

• GRAF SKATES AG

• Riedell Shoes, Inc.

• John Wilson

• Others

Market Share by Distribution Channels

Online distribution channels are projected to witness significant growth in the market for figure skating equipment in the upcoming years. This growth can be attributed to the expanding e-commerce sector that allows flexibility in mode of payment, ensures easy availability of products, and convenient return policies, among other advantages. Additionally, the growing preference for online distribution channels is encouraging vendors to invest in improving the purchasing processes in terms of reliability, options, and security, enhancing the shopping experience for customers and aiding the market expansion for figure skating equipment.

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Market Share by Region

North America is anticipated to account for a sizable share of the global figure skating equipment market over the forecast period. The presence of well-established figure skating culture in countries such as Canda and the United States along with increasing participation and viewership of figure skating is aiding the market expansion in the region. Due to the cold climate in several areas of North America, and popularity of outdoor ice rinks, many people engage in figure skating recreationally. Novel product launches along with strong presence of major key players in North America is further propelling the utilisation of figure skating equipment.

Competitive Landscape of Figure Skating Equipment Industry

Jackson Ultima Skates is one of the world’s largest manufacturers of skates, offering a wide range of skates for consumers at different skating levels. The company was founded in 1966 and is headquartered in Ontario, Canada.

Roces S.r.l. was established in 1952 and is based in Montebelluna, Italy. The company specialises in the production of ice skates, skate parts, inline skates, skateboards, extendable ski boots, and roller skates, among others.

EDEA srl is a skates manufacturing company that was founded in 2000 and is headquartered in Veneto, Italy. They are known for designing and producing skates with improved control, sensitivity, and comfort.

Other market players include Ice Monster, GRAF SKATES AG, Riedell Shoes, Inc., and John Wilson, among others.

Key Highlights of the Report

Figure Skating Equipment Market Report Snapshots

Figure Skating Equipment Market Size

Figure Skating Equipment Market Analysis

Figure Skating Equipment Market Share

Figure Skating Equipment Companies