Global Snow Sports Market, By Equipment (Skiing, Snowboarding, Sledding, Snowshoeing, Ice Climbing, Snow Sport Protective Gear, Roof Ski a Snowboard Racks), Apparel Type (Top Apparel, Bottom Apparel, Accessories), Application (Men, Women, Kids), Distribution Channel (Franchises Stores, Online Snow Sports Apparel Platforms, Specialty Stores, Sports Stores, Mega Malls), End Users (Amateurs, Professional Athletes, Others) – Industry Trends and Forecast to 2029
Market Analysis and Size
The snow sports market deals with the different apparel and equipment which is specially designed for these sports. Growing women’s participation in various sports, including snow sports, is a key factor expected to boost the growth of this market. According to the British Broadcasting Corporation (BBC), the gap between the number of women and men participating in sports in England decreased to 0.85 million in 2016 to 1.55 million in 2018. This gap is anticipated to decrease further in upcoming years, which will have a positive impact on the demand for snow sporting goods.
Data Bridge Market Research analyses that the snow sports market was valued at USD 4090.37 million in 2021 and is expected to reach USD 5470.07 million by 2029, registering a CAGR of 3.70% during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.
Report Scope and Market Segmentation
2022 to 2029
2020 (Customizable to 2014 - 2019)
Revenue in USD million, Volumes in Units, Pricing in USD
Equipment (Skiing, Snowboarding, Sledding, Snowshoeing, Ice Climbing, Snow Sport Protective Gear, Roof Ski a Snowboard Racks), Apparel Type (Top Apparel, Bottom Apparel, Accessories), Application (Men, Women, Kids), Distribution Channel (Franchises Stores, Online Snow Sports Apparel Platforms, Specialty Stores, Sports Stores, Mega Malls), End Users (Amateurs, Professional Athletes, Others)
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
Market Players Covered
VF Corporation (U.S.), Columbia Sportswear Company (U.S.), Adidas (Germany), Amer Sports (Finland), DESCENTE LTD (Japan), Decathlon Sports India Pvt Ltd (India). Lafuma (France), Group Rossignol USA, Inc. (U.S.), Volcom, LLC. (U.S.), SPYDER ACTIVE SPORTS (U.S.), Halti Global Store. (Finland), Under Armour Inc, (U.S.), BOGNER (U.S.), Trek Kit India (India), Tube Pro, Inc (Canada), Airhead Sports Group (U.S.), L.L. Bean Inc, (U.S.), Agit Global, Inc. (U.S.), Emsco Group (U.S.), Slippery Racer (U.S.), Gizmo Riders (U.S.), Zipfy Inc, (Canada)
Snow sports or snow activities are non-competitive recreational activities or competitive sports which are played on ice or snow. Most are variations sledding, ice skating and others. Traditionally, these games were only played in cold areas during winter or snow fall, but artificial ice and artificial snow allow more flexibility. The snow sports field completely covered with ice or snow. Artificial ice can be used to provide ice rinks for para ice hockey, ice skating, ice hockey, ringette, broomball, rink ball, bandy, rink bandy, and sponge in a milder climate.
Snow Sports Market Dynamics
- Helps to burn calories and provide healthy life style
Snow sports tend to burn more calories compared to indoor workouts. This is because the body is working harder to maintain its core temperature. Clearly the number of calories burned will depend on the individual's body temperature and mass. Snow sports are health exercise which maintains the overall the fitness of the body.
- Popularity of skiing
Skiing is very popular among many countries. Skiing is not only boosts overall happiness and well-being, but it is also useful to an individual’s mental and physical health, despite the duration or frequency of the activity are expected to drive the snow sports market.
- Boosts the mood
Exercising and getting outdoors promotes augmented production of endorphins, which creates the feelings of happiness and relief. Families can also profit from the added boost of vitamin D exposure from the sun, which is especially essential in the snow when days are shorter.
Growing preference for outdoor activities globally is the key factors which is fostering the growth of the snow sports market. Moreover, increasing government efforts to promote the sports as a part of the academic curriculum and increasing youth participation in sporting events are also accelerating the demand for snow sports. The growing cases of lifestyle-related health issues, like obesity and stress are pushing a growing number of people to engage in sports, which, in turn, is fuelling the demand for stylish and comfortable snow sports goods, including sleds will act as market drivers and further increase beneficial opportunities for the market's growth rate.
However, the high cost of the snow sports equipment and apparel might impede the market growth during the forecast period. The negative impact of COVID-19 outbreak slowdown the supply chain which has significantly hindered the supply of raw materials pose as a challenge for the market will act as market restraint for the market growth rate.
This snow sports market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the snow sports market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Snow Sports Market
Growing self-consciousness and healthy lifestyle desire lead the active and to appear fit, these reasons is encouraging the consumers to incorporate fitness activities and enjoyment into their life. During covid-19 pandemic governments imposed lockdown in several countries which has restricted the outgoing of everyone , but in other hand due to the impact of COVID-19 some consumer interest towards outdoor individual sports participation rapidly. This increased participation has led to a change in the snow sports market dynamics, leading to an increased demand for snow sports in the market.
Global Snow Sports Market Scope
The snow sports market is segmented on the basis of equipment, apparel type, application, distribution channel and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
- Ice Climbing
- Snow Sport Protective Gear
- Roof Ski a Snowboard Racks
- Top Apparel
- Bottom Apparel
- Franchises Stores
- Online Snow Sports Apparel Platforms
- Specialty Stores
- Sports Stores
- Mega Malls
- Professional Athletes
Snow Sports Market Regional Analysis/Insights
The snow sports market is analysed and market size insights and trends are provided by country, equipment, apparel type, application, distribution channel and end-user as referenced above.
The countries covered in the snow sports market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the snow sports market in terms of revenue during the forecast period. This is due to the growing demand for snow sports in this region. North America region leads the snow sports market due to the most popular area for snow sports and activities like snowmobiling, snow-shoeing, and cross-country skiing in this region.
During the forecast period, Asia-Pacific is anticipated to be the fastest developing region due to urbanization and increase in the number of professional snow sports leagues in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Snow Sports Market Share Analysis
The snow sports market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to snow sports market.
Some of the major players operating in the snow sports market are:
- VF Corporation (U.S.)
- Columbia Sportswear Company (U.S.)
- Adidas (Germany)
- Amer Sports (Finland)
- DESCENTE LTD (Japan)
- Decathlon Sports India Pvt Ltd (India)
- Lafuma (France)
- Group Rossignol USA, Inc. (U.S.)
- Volcom, LLC. (U.S.)
- SPYDER ACTIVE SPORTS (U.S.)
- Halti Global Store. (Finland)
- Under Armour Inc, (U.S.)
- BOGNER (U.S.)
- Trek Kit India (India)
- Tube Pro, Inc (Canada)
- Airhead Sports Group (U.S.)
- L.L. Bean Inc, (U.S.)
- Agit Global, Inc. (U.S.)
- Emsco Group (U.S.)
- Slippery Racer (U.S.)
- Gizmo Riders (U.S.)
- Zipfy Inc, (Canada)