Global Luxury Ski Wear Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Luxury Ski Wear Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Luxury ski Wear combines the technical aspects of the best ski apparel, and adds new luster to it by using the highest quality materials, insulating materials and attractive styles. Luxury Wear is designed and manufactured by top designer brands, and the product price is very expensive.

Market Overview:

The latest research study on the global Luxury Ski Wear market finds that the global Luxury Ski Wear market reached a value of USD 1745.03 million in 2022. It’s expected that the market will achieve USD 2355.94 million by 2028, exhibiting a CAGR of 5.13% during the forecast period.

Influence of COVID-19 Outbreak on Luxury Ski Wear Industry Development

After the outbreak of novel coronavirus, countries around the world issued policies to prevent and control the epidemic according to the national deployment. The epidemic affected a wide range, and the production, operation and consumer markets of various industries were affected. Suppliers, customers and other stakeholders are also affected to varying degrees, which leads to delays in procurement, production and sales, which has a certain impact on the company's operations in the industry. The outbreak of the new coronavirus has re-emerged, and new virus variants have made it more difficult to prevent and control the epidemic. This has a certain impact on the overall production and operation of the company and the industry.
Due to the epidemic, ski enthusiasts' travel has been affected and they cannot go abroad, which will inevitably affect the demand for ski suits. At the same time, the global pandemic of the new crown pneumonia epidemic has had a heavy impact on the economy. In the case of an unstable economic environment, people may reduce related entertainment activities and reduce the demand for relatively expensive luxury ski clothing.

Restraints and Challenges

It takes a lot of time, energy, financial resources and material resources for the brand to really do a good job in skiing costumes. In addition to the understanding of skiing, a lot of research and development, design and testing in the early stage, building brand recognition in consumers' hearts is also a compulsory course for luxury ski wear enterprises. Luxury ski wear brand should enhance users' core perception, bind with a relatively vertically subdivided sports event, and create core clothing for it as brand endorsement. luxury ski wear has a higher market barriers, and brand awareness is becoming more and more critical.
Skiing, as a recreational activity, originated in the Alps and later evolved into the lifestyle of the upper class. Nowadays, skiing is a common sport in western countries, but its popularity in developing countries is not high. In China, before 2015, skiing and skating were still concentrated in the competitive field, with poor mass base and low degree of commercialization, which was once considered as an elite sport.

Skiing has always been regarded as an item that ordinary people can't afford to play. Skiing is a sport with extremely high hardware requirements, and it costs a lot of money. Therefore, compared with basketball and other sports, the mass base of this sport is relatively weak. This is not conducive to the development of Luxury Ski Wear market.

In addition, luxury ski wear is more expensive than ordinary ski wear. The high consumption level limits the scope of consumers, and it is difficult for Luxury Ski Wear consumers to increase significantly in the short term.

Region Overview:

From 2023-2028, United States is estimated to witness robust growth prospects.

Company Overview:

Moncler is one of the major players operating in the Luxury Ski Wear market, holding a share of 41.13% in 2022.

Founded in Monestier de Clermont, Grenoble, France, in 1952, Moncler is now based in Italy. Over the course of the years the brand has teamed style with ongoing technological research which harnesses the knowledge of mountaineering experts. Moncler collections combine extreme needs with day-to-day city life. In 2003 Remo Ruffini took over the company of which he is now Chairman and CEO. Moncler directly produces and distributes its own clothing and accessories collections, through its direct boutiques and the world’s most exclusive department and multibrand stores.

Bogner's been making incredible ski clothing since 1932, and in true practical German fashion, the gear is some of the best out there for those who are spending their days in the powder. In fact, the German company has been the official outfitter of its country's ski team since 1952.

Segmentation Overview:

Among different product types, Ski Jacket segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Specialty Stores segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Luxury Ski Wear market covered in Chapter 3:

Norrona
Phenix
Kjus
Goldbergh
Moncler
Fusalp
Bogner
Amer Sports
Canada Goose
Fendi

In Chapter 4 and Chapter 14.2, on the basis of types, the Luxury Ski Wear market from 2018 to 2029 is primarily split into:

Ski Jacket
Ski Pants
One-Piece Ski Suits
Ski Accessories

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Luxury Ski Wear market from 2018 to 2029 covers:

Department Store
Outdoor Stores
Specialty Stores
Online

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)