Global Ski Gear and Equipment Market Report and Forecast 2024-2032

Global Ski Gear and Equipment Market Outlook

The global ski gear and equipment market size reached a value of approximately USD 1.54 billion in 2023. The market is expected to grow at a CAGR of 3.10% between 2024 and 2032, reaching a value of USD 2.03 billion by 2032.

Key Trends in the Market

Ski gear and equipment refer to the various clothing, accessories, and equipment that is used when engaging in skiing activities. Designed for skiing use, the gear and equipment protects the wearer while skiing, preventing risk of accidents and cold exposure. Common ski gear and equipment include ski clothing, boots, protective gear, skis, and ski poles, among others.

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• The rising popularity of skiing both as a recreational activity and a competitive sport is fuelling the demand for ski gear and equipment especially during the snowy season when more people are visiting the cold places.

• Governments of various countries are taking initiatives to improve the participation of more individuals in skiing activities by increasing the number of ski resorts and raising awareness among people regarding skiing activities.

• The rising focus of the manufacturers on developing and launching innovative products such as Bluetooth ski gloves and adjustable skis which aids the comfort of individuals is further enhancing the growth of the ski gear and equipment market globally.

Market Analysis

Based on product, the market is segmented into ski apparel, skis and poles, ski boots, snowboards, and ski protective gear and accessories, among others. On the basis of end user, the market is divided into male, female, and kids. By distribution channel, the market is bifurcated into offline and online. Based on region, the market is categorised into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

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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 give a detailed analysis of the following key players in the global ski gear and equipment market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

• Amer Sports Oy

• Burton Corporation

• Skis Rossignol SAS

• Icelantic LLC

• Helly Hansen AS

• Coalition Snow

• Alpina d.o.o.

• Black Diamond Equipment, Ltd.

• K2 Sports, LLC

• Others

Market Share by Product

Ski apparel accounts for a significant share of the ski gear and equipment market, by product, owing to the growing popularity of the newly designed ski clothing such as ski suits, jackets, and ski pants, among others. Frequent skiers tend to purchase multiple sets of ski apparel for regular wear, and fashion-conscious skiers are increasingly preferring more stylish options of ski apparel. Advancements in technology are being incorporated into ski apparel, such as addition of features to keep the jackets dry and warm, which is further enhancing the demand of ski apparel in the market. Introduction of radar sensitive ski pants that lower risks of skiers getting stranded in the snow is also leading to a greater demand of specialised ski apparel.

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Market Share by Region

North America occupies a sizable share of the ski gear and equipment market, supported by the widespread popularity of skiing in countries such as the United States and Canada, suitable climate, and availability of various ski resorts and mountain ranges. Presence of key players in the region, offering new and innovative products, are further encouraging skiing activities. Several skiing facilities are available in North America that have clearly demarcated skiing paths, chair lifts, lounges, classes to teach skiing, and shops that sell ski gear and equipment.

Competitive Landscape

Amer Sports Oy was founded in 1950 and is headquartered in Helsinki, Finland. This sporting goods company is known for developing and selling top quality sports and outdoor footwear, accessories, equipment, and apparel.

Burton Corporation is an outerwear company that was founded in 1977 and is headquartered in Vermont, United States. The company specialises in products that are used in snowboarding such as bindings, outerwear, snowboards, and boots, among others.

Skis Rossignol SAS was established in 1907 and has its headquarters located in Isere, France. This outerwear company manufactures alpine, Nordic, and snowboard equipment as well as related accessories, and is best known for producing plastic skis.

Other market players include Icelantic LLC, Helly Hansen AS, Coalition Snow, Alpina d.o.o., Black Diamond Equipment, Ltd., and K2 Sports, LLC, among others.

Key Highlights of the Report