Chemical Research Report Ski-Gear-and-Equipment-Market

Ski Gear & Equipment Market - Size, Share,
Outlook, and Opportunity Analysis, 2018 - 2026
The ski gear & equipment market was valued at US$ 1,199.9 million in 2017 and
is expected to expand at a CAGR of 2.9%, in terms of revenue over the forecast
period (2018 – 2025).
Ski gear & equipment such as skis, helmets, boots, and poles among others, are used in skiing
winter sports to glide through snow. Cambered ski was developed in Norway, used by farmers
or hunters and has been transformed into a sporting activity, ever since. Increasing investment
in ski infrastructure for the development of skiing is one of the factors driving growth of the ski
gear & equipment market.
For instance, in January 2018, Les 3 Valless, the ongoing expansion and improvement in the ski
resort infrastructure includes lifts, which encourage skiers to enjoy more of the existing marked
ski run in the network.
Among product types, the helmet segment is expected to account for a significant market share
over the forecast period. This is majorly attributed to the increasing use of helmet in skiing, as it
helps protect or reduce head injuries from collisions or falls. According to U.S. Consumer
Product Safety Commission, the use of helmet by snowboarders or skiers can prevent around
44% of head injuries to adults and 53% in case of children below 15 years of age.
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Among applications, the alpine skiing or downhill segment is expected to account for a
significant revenue share over the forecast period due to increasing number of alpine skiers
compared to others. According to Snowsport Industries America (SIA), the total percentage of
alpine skiers was 26.5%, whereas that of cross-country skiers was 10.6% in 2013.