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 2030.
Sports Snow 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 which drives the market in the forecast period of 2023 to 2030. Also, Advances in snow sports equipment and technology is significantly contributing to the market’s growth.
Data Bridge Market Research analyses that the global sports snow market which was valued at USD 4,090.37 million in 2022 is expected to reach the value of USD 5,470.07 million, at a CAGR of 3.70% during the forecast period of 2023 to 2030. In 2023, skiing segment will dominate the market as preferences of the younger generation and new participants entering the snow sports market can influence the dominance of specific activities. 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.
Sports Snow Market Scope and Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2023 to 2030
|
|
Base Year
|
2022
|
|
Historic Years
|
2021 (Customizable to 2015-2020)
|
|
Quantitative Units
|
Revenue in USD Million, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Equipment (Skiing, Snowboarding, Sledding, Snowshoeing, Ice Climbing, Snow Sport Protective Gear, Roof Ski, 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)
|
|
Countries Covered
|
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) among others
|
|
Market Opportunities
|
|
Market Definition
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.
Global Sports Snow Market Dynamics
Drivers
- Helps to Burn Calories and Provide Healthy Life Style
The 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
The 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
Opportunity
- Demographics and Changing Consumer Preferences
The composition of snow sports enthusiasts is evolving. Efforts to attract a more diverse audience, including women and people from different age groups and cultural backgrounds, can drive growth. Moreover, changes in consumer preferences, such as an interest in eco-friendly and sustainable practices, can influence the market
Restraints/Challenges
- Seasonal Demand
The snow sports are highly weather-dependent. The availability of natural snowfall and suitable weather conditions is crucial for the success of this industry. Climate change and unpredictable weather patterns can lead to shorter and less predictable winter seasons, affecting the market. Climate change poses a significant threat to the snow sports industry by affecting snowfall patterns, snow quality, and the overall viability of ski resorts. Resorts are increasingly investing in snowmaking technology to compensate for unreliable natural snowfall
- Regulatory Challenges and Economic Downturns
Economic recessions and financial crises can lead to reduced consumer spending on recreational activities, including snow sports. This can impact the revenue of resorts and businesses in the industry. Government regulations related to land use, environmental protection, and safety standards can impose compliance costs and operational restrictions on snow sports businesses and resorts
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global sports snow market Scope
The global sports snow market is segmented on the basis of equipment, apparel type, application, distribution channel, end-users. The growth amongst these segments will help you analyse 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.
Equipment
- Skiing
- Snowboarding
- Sledding
- Snowshoeing
- Ice Climbing
- Snow Sport Protective Gear
- Roof Ski 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
Global Sports Snow Market Regional Analysis/Insights
Global sports snow market is analysed and market size insights and trends are equipment, apparel type, application, distribution channel, end-users as referenced above.
The countries covered in the global sports snow market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa
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 such as 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 regulations in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and up-stream 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 Global Sports Snow Market Share Analysis
The sports snow 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 company’s focus related to the sports snow market.
Some of the major players operating in the the global sports snow 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)
SKU-