Ski Equipment & Gear Market Size, Share & Trends Analysis By Product (Clothing, Head Gear, Footwear), By Application (Male, Female, Kids), By Distribution Channel, By Region, And Segment Forecasts, 2024 - 2030

Ski Equipment & Gear Market Size, Share & Trends Analysis By Product (Clothing, Head Gear, Footwear), By Application (Male, Female, Kids), By Distribution Channel, By Region, And Segment Forecasts, 2024 - 2030

Ski Equipment & Gear Market Growth & Trends

The global ski equipment and gear market size is expected to reach USD 22.9 billion in 2030 and is expected to grow at a CAGR of 5.4% from 2024 to 2030. Increasing participation in the outdoor recreational sports including skiing at a global level is expected to remain a favorable factor. Furthermore, rising importance of rental skiing as a key service offering that provides convenience, professional expert advice, and product availability at affordable prices is expected to open new avenues for the market in the near future.

Growth of the tourism industry is one of the key factors increasing the spending on skiing, which, in turn, is expected to promote the scope of various sports equipment. The World Bank Group revealed that the international tourist arrivals have increased from 1.24 billion in 2016 to 1.33 billion in 2017. Furthermore, emergence of the Indian Himalayas as a snow sports hub as a result of supportive government policies aimed at the development of hill stations, including Auli and Manali, is expected to open new industry avenues.

Product innovation is expected to remain a critical success factor over the next few years. For instance, in 2016, Scott Sports launched Walkable Ski Boot to provide the skiers optimum grip during skiing. Moreover, these boots are designed in such a way that it can be used for normal walking, thereby making them effective and comfortable in nature.

For instance, in 2018, Salmon S.A.S. launched Salomon QST 99, a lightweight ski to provide a better and smooth experience of skiing so that the customer can achieve more speed with less effort. Moreover, in 2018, Oakley Inc. launched Inferno Prizm Goggles. With this new product, the company is providing anti-fogging feature to the customers with the help of an electric heat current to clear the glasses.

Ski Equipment & Gear Market Report Highlights

• Clothing held the dominant share of 32.7% in 2023, owing to the growing acceptance of advanced designs in ski clothing. Headgear is expected to emerge as the fastest-growing segment during the forecast period
• Supermarkets & hypermarkets dominated the market in 2023 as they offer convenient access to ski equipment and gear
• The North America ski equipment and gear market held a share of 42.0% in 2023

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