Global Winter Sporting Goods Market Analysis & Trends - Industry Forecast to 2030
Winter Sporting Goods: Market Size
From $535.69 million in 2024, the global Winter Sporting Goods market is projected to reach $933.58 million by 2030. Based on our analysis the market is expected to grow at a CAGR of 9.7% from 2024 - 2030 timeframe. Some of the prominent trends that the market is witnessing include rising number of lifestyle-related health issues, increasing women’s participation in various sports, and growth of winter tourism in several parts of the World.
Global Winter Sporting Goods Market: Market Dynamics
The winter sporting goods market is driven by the factors such as increasing popularity of outdoor activities, growing popularity of several winter sports, and rising consumer interest in nature-based sports. Countries with cold weather like the U.S., Canada, Germany, and France has increased the popularity of winter sports.
On the other hand, the fluctuating raw material cost is likely to obstruct the profit boundaries. In addition, increasing popularity of Alpine touring concept will further boost for the Winter Sporting Goods market.
Impact of COVID-19 on Winter Sporting Goods
The COVID-19 outbreak is likely to diminish the growth of the market for winter sporting goods. Many manufacturers in the market have been historically relying on the Chinese market for both finished products as well as raw materials used in the manufacturing of various types of winter sporting goods.
By Product
Sleds Segment Dominate the Market in 2024
The sleds segment made huge revenue in 2024 and growing its prominence during the forecast period. The increasing popularity of sledding creates considerable demand for sleds every year across winter destinations worldwide. Families are the key target audiences for sled manufacturers.
By Geography
North America Region is Leading in the Global Market Place
North America region is likely to have a huge demand in the forecast period owing to the increasing popularity of winter sports among youngsters and millennials. Sporting goods of various types are needed for winter sports and hence they are witnessing an increased demand among people.
List of the Key Players Profiled in the Market Include:
• L.L. Bean • Tube Pro Inc. • Slippery Racer • Paricon • Gizmo Riders • Airhead Sports Group • Pool Candy • Bestway Inflatables & Material Corp. • Surf 9 LLC • Agit Global, Inc. • Franklin Sports Inc. • Emsco Group • Zipfy
List of the Regions/Countries Profiled in the Market Include:
North America • US • Canada • Mexico Europe • Germany • U.K • Italy • France • Spain • Rest of Europe Asia Pacific • China • Japan • India • Australia • New Zealand • Rest of Asia Pacific Middle East • Saudi Arabia • UAE • Rest of Middle East Latin America • Argentina • Brazil • Rest of Latin America Rest of the World (RoW) • South Africa • Others
1 Market Outline
1.1 Definition
1.2 Market Segmentation & Scope
1.3 Market Trends
1.4 Regulatory Factors
1.5 Product Analysis
1.6 Strategic Benchmarking
1.7 Opportunity Analysis
2 Executive Summary
3 Research Methodology and Data Source
3.1 Methodology/Research Approach
3.1.1 Research Programs/Design
3.1.2 Market Size Estimation
3.2 Data Source and Assumptions
3.2.1 Purchased Database
3.2.2 Company Repository
3.2.3 Secondary Sources
3.2.4 Primary Research
3.2.5 List of Assumptions
4 Market Overview
4.1 Current Trends
4.1.1 Rising Number of Lifestyle-Related Health Issues
4.1.2 Increasing Women’s Participation in Various Sports
4.1.3 Growth of Winter Tourism in Several Parts of the World