What is Skis Market?
The global skis market is expected to grow at a healthy pace owing to several factors such as growing number of ski trips across the world, rising number of skiers, and growing popularity of skiing across emerging economic countries such as China and India. Moreover, rising support by different equity firms for ski manufacturers is another major factor aiding into the growth for the skis market.
Highlights from Skis Market Study
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Amer Sports (Finland), Nordica (Italy), HEAD (The Netherlands), Fischer Sports GmbH (Austria), Salomon S.A.S. (France), Black Diamond Equipment, Ltd (United States), Coalition Snow (United States), KOHLBERG & COMPANY, L.L.C. (United States), Icelantic Skis (United States) and ORIGINAL+ (Austria) |
The companies in this market are majorly focusing on updating the old product line and coming up with launching new & innovative products in order to remain competitive in the market. For instance, in January 2020, Salomon introduced a new line of all mountain skis and updated its QST-all-mountain ski line of products. The new product line of all mountain skis is designed to be versatile along with metal in its core to provide more stability during high speed and hard snow performance. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Skis market throughout the forecasted period.
Amer Sports (Finland), Nordica (Italy), HEAD (The Netherlands), Fischer Sports GmbH (Austria), Salomon S.A.S. (France), Black Diamond Equipment, Ltd (United States), Coalition Snow (United States), KOHLBERG & COMPANY, L.L.C. (United States), Icelantic Skis (United States) and ORIGINAL+ (Austria) are some of the key players profiled in the study. Skis Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Racing, Carving, All Mountain, Freestyle, Powder and Others |
Type | Alpine and Nordic |
End Users | Men,Women,Kids |
On the basis of geography, the market of Skis has been segmented into South America (Argentina, Chile, Rest of South America), Asia Pacific (China, India, Japan, South Korea, Kazakhstan, Rest of Asia-Pacific), Europe (Germany, France, Italy, Russia, Austria, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Ski Infrastructure Investments and Development in Ski Technologies
Market Growth Drivers:
Increasing Number of Ski Trips Across The World, Increasing Number of Skiers and Growing Popularity of Skiing Across Emerging Economies
Challenges:
Reducing Number of Skiing Resorts
Opportunities:
Growing Ski Lift Installations and Government Initiatives Towards Construction of Ski Areas
Key Target Audience
Ski Resorts, Professional Skiers, Athletes, Multi-Brand Sports Outlets and Others
Market Leaders & Development Strategies
In 2017, KOHLBERG & COMPANY LLC (a private equity firm) announced the acquisition of major sports brands i.e. K2 Sports and Marker Dalbello Völkl which is now fueling each company's growth
In January 2020, Rossignol introduced Black Ops Sender TI series of skis with modified skins and dimensions for ride free skins
Analyst Comment
The market for skis and equipment is growing rapidly as the customers such as ski resorts are investing in upgrading and expanding their ski areas by constructing new base lodges or installing more number of ski lifts to provide better service to growing number of ski visitors. For instance, in July 2019, Killington Ski Resort, started the construction of its new base lodge b investing USD 29 million in Italy.