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Regionally, North America dominated the market for skiing and is anticipated to continue to lead during the forecast period. This can be attributed to the significant number of consumers who engage in skiing as a recreational activity in nations like the United States and Canada. Additionally, the development of new products and technologies for safety by the companies is anticipated to result in an increase in the number of skiers, which will raise the demand for the market for skiing in the near future. In North America, consumers in urban areas with middle- and high-income are changing their purchasing preferences from necessities to luxury goods and services. This tendency is encouraging people to spend money on recreational pursuits, which is promoting the ski market expansion.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global market for ski attained a value of nearly USD 1.70 billion.
The market is projected to grow at a CAGR of 3.2% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 2.26 billion by 2032.
The major drivers of the ski market include the growing numbers of initiatives to increase skiing participation, increasing number of people pursuing skiing as a recreational activity, and introduction of new products and technologies for skiing safety.
The increasing customer preference for snow-related activities and tourism activities and surging number of ski resorts are the key trends propelling the growth of the market.
Based on product, the market can be divided into skis and poles, ski boots, and ski protective gear and accessories.
The primary distribution channels in the market are offline and online.
The major players in the market are Fischer Sports GmbH, Black Diamond Equipment, Ltd, Amer Sports Corporation, Skis Rossignol SAS, United States Ski Pole Company, Fatcan Ski Poles, Apex Ski Boots, Icelantic LLC, Demon United, and Helly Hansen AS, among others.
Powder skis, freestyle skis, snowblades, carving skis, racing skis, freeride skis, and big mountain skis are some of the different types of skis.
The average skier replaces their skis every 8 years.
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