Global Avalanche Airbag Pack Market Overview:
Increasing popularity of adventure activities will help to boost global avalanche air bags pack market in the foretasted periods. Avalanche airbags pack are safety gear intended to avoid the wearer from being buried while skiing and mountaineering. Avalanche airbags pack are designed in a way that develops their functionality of uplifting the user, maintaining his/her position above snow surface. In an avalanche, larger objects increase to the surface, while minor objects sink to the bottom. An airbag system incorporated into a backpack, with a large balloon or balloons that inflates at the pull of a cord, is designed to make the person wearing it larger so that they naturally upsurge to the surface of the snow.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Increasing Avalanche Fatalities to Trigger Adoption of Avalanche Air Bags Pack and Growing Skiing and Snowboarding Participation Influencing Sales of Avalanche Air Bags Pack
Market Growth Drivers:
Increasing Popularity of Ski Touring and Freeriding and Huge Demand Due To Online Availability
Challenges:
Growing Concern Related Higher Possibility of Avalanche Fatalities
Restraints:
High Price associated with Avalanche Air Bags Pack
Opportunities:
Huge Demand from Emerging Countries Owing to Increasing Popularity
Competitive Landscape:
The key player in the avalanche airbags pack market are largely focusing on new product developments in a bid to improve user convenience, experience and safety. New acquisitions have taken place in the avalanche airbags marketplace, as new companies are entering the market by acquiring avalanche airbags manufacturers.
Some of the key players profiled in the report are ABS Protection GmbH (United States), Arc'teryx (Canada), Black Diamond Equipment Ltd. (United States), Scott Sports (Switzerland), Osprey Packs (United States), Backcountry Access (United States), Mystery Ranch (United States), Arva Corporation (Indonesia), ABS Protection GmbH (Germany) and Mammut (Switzerland). Additionally, following companies can also be profiled that are part of our coverage like Clarus Corporation (United States), Backcountry Access (United States), Scott (Switzerlnad) and Ortovox (United Kingdom). Analyst at AMA Research see United States Vendors to retain maximum share of Global Avalanche Airbag Pack market by 2028. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Avalanche Airbag Pack market.
Latest Market Insights:
In November 2021, Osprey Packs, Inc. was acquired by Helen of Troy Limited, a designer, developer and worldwide marketer of consumer branded household, health, home and beauty products. We have a wide range of backpacks and daypacks for hiking, climbing, skiing, mountaineering, mountain biking, trail running, commuting and school, as well as rugged adventure travel bags, wheeled suitcases and travel accessories. The company sees this acquisition as an important next step as it advances its strategic goal of acquiring and investing in businesses that can accelerate profitable growth in categories that can add value and leverage scalable shared services and operating platforms.
In February 2022, ORTOVOX and Arc’teryx, two global leaders in mountain safety equipment and apparel, have teamed up to develop a boundary-pushing new avalanche airbag technology for Winter that is lightweight, intuitive, and reliable. Made possible by a special collaboration, LiTRIC technology enables both brands to produce airbag systems that weigh just 2.4 pounds and feature an electronic system run by supercapacitors and a long-lasting Lithium Ion battery that hold 60 hours of charge for at least two inflations.
FAA’s Hazardous Materials Regulations state that avalanche rescue backpacks are not allowed in baggage in the U.S. unless the gas cylinder is empty and there is no explosive charge. JetForce Avalanche Airbags do NOT contain a compressed gas cartridge, an explosive charges or an explosive trigger (squib).
What Can be Explored with the Avalanche Airbag Pack Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Avalanche Airbag Pack Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Avalanche Airbag Pack
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Avalanche Airbag Pack market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Avalanche Airbag Pack market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufactures, Distributors and Suppliers, Government Regulatory Bodies, Government and Private Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.