Ski Gear & Equipment Market was Valued at US$ 1,199.9 Million in 2017 and is Predicted to Grow at a CAGR of 2.9% in Terms of Revenue between 2018 and 2025
Insights About Ski Gear and Equipment
Skis, helmets, boots, and poles, among other items, are used in skiing winter sports to glide across the snow. Cambered skis were invented in Norway and were originally used by farmers or hunters before being evolved into a sport. One of the factors driving the growth of the Ski Gear & Equipment Market is increased investment in ski infrastructure for the development of skiing. For example, in January 2018, Les 3 Valless' continued expansion and enhancement in ski resort infrastructure included lifts, encouraging skiers to use more of the network's existing defined ski runs.
The helmet segment is expected to rise significantly throughout the forecast period, owing to the increased use of helmets in skiing, which serve to protect or lessen the risk of head injuries from collisions or falls. According to United States According to the Consumer Product Safety Commission, the wearing of a helmet by snowboarders or skiers can prevent approximately 44 percent of head injuries in adults and 53 percent in children under the age of 15. The alpine skiing or downhill sector is expected to develop significantly over the forecast period due to an increasing number of alpine skiers compared to others.
According to Snowsport Industries America (SIA), the total percentage of alpine skiers was 26.5 percent, while cross-country skiers were 26.5 percent. In 2016, the supermarket distribution channel represented a considerable part of the Global Ski Gear & Equipment Market. Because of the different discounts offered by these channels, the supermarket distribution channel is likely to develop. For example, in November 2016, Aldi, a high-street supermarket, introduced inexpensive ski gear classes and a range of ski gear and equipment at the CairGorm mountain, becoming the first supermarket to do so.
North America is predicted to be the dominating Ski Gear & Equipment Market, with a 25.9 percent market share in 2017. This expansion is mostly driven by an increase in skier trips to the region. North America together with South America accounted for 22 percent of skier trips, according to Destination British Columbia, while the United States, with 57 million skier visits reported annually, accounted for 15 percent of the global total during 2011-2012.
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