Global Figure Skating Equipment Market Overview:
Figure skating is a kind of ice skate that is used by figure skaters. These skates consist of a boot and a blade which is attached with the help of screws to the sole of the boot. Inexpensive sets for the recreational skaters are also available, but most of the figure skaters prefer buying the boots and blades separately and then, later on, have the blades mounted on by a technician of professional skating. Figure skating has increased popularity over these years, due to the fact that it is promoted as a sport which can be implemented by any age group, hence making it a sporting activity that has achieved a universal appeal. This growing popularity of the sport and different sports tournaments in the developing countries has been recognized as one of the significant trends that are playing a vital role in the growth of the global figure skating equipment market. In addition to the rising popularity, the growing interest of the people all around the world in various sports activities also has had a direct influence on the growth and increase of sporting tournaments and hence owing to an increase in the consumption of the figure skating equipment.
Market Drivers
- Growing Number of Population Opting Ice Skating as a Sport of Thrill and Leisure
- Rising Disposable Income in both Developed and Emerging Economies
Market Trend
- Increasing Technological Developments of Skating Products
- Increase in the Eco-Friendly Skating Rinks
Restraints
- High Cost of Figure Skating Equipment
Opportunities
- Growing Acceptance of Ice Skating as a Sport
Challenges
- Lack of Availability of Skating Rinks in Developing Countries
Competitive Landscape:
Global key players are focusing on strategic partnerships to improve their products and services. Additionally, companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings.
Some of the key players profiled in the report are Jackson Ultima (Canada), HD Sports (MK Blades, John Wilson) (United Kingdom), Edea (Italy), Harlick (United States), Risport Skates (Italy), Paramount Skates (United States), SP-Teri (United States), Graf Skate (Switzerland), John Wilson Skates (United Kingdom), Riedell Shoes (United States), Roces Srl (Italy) and American Athletic Shoe (United States). Additionally, following companies can also be profiled that are part of our coverage like Rollerblade (United States), Winnwell (United States), Dongguan King Line (China) and K2 Sports (United States). Analyst at AdvanceMarketAnalytics see United States Vendors to retain maximum share of Global Figure Skating Equipment market by 2025. Considering Market by Blade Material, the sub-segment i.e. Stainless Steel will boost the Figure Skating Equipment market. Considering Market by Blade Type, the sub-segment i.e. Tapered Figure Skating Blades will boost the Figure Skating Equipment market. Considering Market by Distribution Channels, the sub-segment i.e. Online will boost the Figure Skating Equipment market. Considering Market by End-User, the sub-segment i.e. Kids [Boys, Girls] will boost the Figure Skating Equipment market. Considering Market by Skate Guard Type, the sub-segment i.e. Hard Skate Guards will boost the Figure Skating Equipment market. Considering Market by Dress Material, the sub-segment i.e. Acrylic will boost the Figure Skating Equipment market. Considering Market by Boot Material, the sub-segment i.e. Molded Plastic will boost the Figure Skating Equipment market.
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Figure Skating Equipment 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 Figure Skating Equipment 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 Manufacturers of Figure Skating Equipment, Suppliers of Figure Skating Equipment Materials, Wholesalers, Distributors, and Retailers of Figure Skating Equipment, Sports Industry, Potential Investors and Market Research Firms.
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.