The ice skating equipment market is a sector within the sports industry that is focused on the production and distribution of equipment used for ice skating. Ice skating is a popular recreational activity and competitive sport that involves gliding on ice using ice skates. The equipment used for ice skating includes ice skates, protective gear, clothing, and accessories. The market for ice skating equipment is experiencing steady growth due to factors such as the popularity of ice skating as a winter sport and recreational activity, increasing participation rates in figure skating and ice hockey, and advances in technology and design that have improved the performance and comfort of ice skating equipment. In addition, the availability of a wide range of equipment options for different skill levels and skating styles has made the sport more accessible to a wider range of participants. For example, ice skates are available for figure skating, ice hockey, and speed skating, each with their unique features and benefits.
However, the industry is also facing challenges such as the impact of climate change on the availability and quality of ice, the rising cost of equipment and training, and increasing competition from alternative winter sports such as skiing and snowboarding. In addition, the COVID-19 pandemic has had a significant impact on the industry, with disruptions in the supply chain and changes in consumer behavior.
Despite these challenges, the ice skating equipment market is expected to continue to grow in the coming years as the popularity of ice skating increases, particularly among younger and more diverse populations. Moreover, the development of new, innovative, and sustainable materials and designs for ice skating equipment is expected to provide new opportunities for growth in the market.
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Key findings of the Ice Skating Equipment market study:
- The report provides a present market outlook on Ice Skating Equipment. Additionally, the Ice Skating Equipment market share is anticipated to grow with a CAGR of 5.3% in the forecast period.
- Regional breakdown of the Ice Skating Equipment market based on predefined taxonomy.
- Innovative manufacturing processes implemented by Ice Skating Equipment vendors in detail.
- Region-wise and country-wise fragmentation of the Ice Skating Equipment market to grasp the revenue, and growth outlook in these areas.
- Changing preferences among consumers across various regions and countries.
- Factors (Positive and Negative) impacting the growth of the global Ice Skating Equipment market.
- Ice Skating Equipment price, market share, and Trends forecast for assessment period 2022-2032
Key Segments Profiled in the Ice Skating Equipment Industry Survey
· Ice Skating Equipment Market by Buyer Type
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- Individual Ice Skating Equipment
- Institutional Ice Skating Equipment
- Promotional Ice Skating Equipment
· Ice Skating Equipment Market by Product Type
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- Ice Figure Skates
- Ice Hockey Skates
- Ice Racing Skates
- Recreational Ice Skates
- Ice Skating Apparels
- Ice Skating Protection Accessories
- Ice Skating Gloves
- Ice Skating Jackets
- Ice Skating Pants
- Ice Skating Pads
- Ice Skating Helmets
· Ice Skating Equipment Market by Sales Channel
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- Direct to Customer Brand Outlets
- Direct to Customer Institutional Channels
- Direct to Customer Online Channels
- Franchised Sports Outlets
- Independent Sports Outlets
- Modern Trade Channels
- Third Party Online Channels
- Others
- Online Sales of Ice Skating Equipment
- Online Sales of Ice Skating Accessories
- Offline Sales of Ice Skating Accessories
- Offline Sales of Ice Skating Equipment
· Ice Skating Equipment Market by Region
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- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- MEA
Competitive Landscape
The Ice Skating Equipment industry is dominated by some prominent players including
- Decathlon S.A.
- Bauer Hockey, Inc.
- Easton Hockey Inc.
- Tournament Sports Marketing Inc.
- Reebok-CCM Hockey Inc.
- Roces Srl
- Graf Skates AG
- MIZUNO Corporation
- Tecnica Group S.p.A.
- Kimlinan Sports Products Co. Ltd.
The competition in the sector is driven by key parameters such as product price, targeted customer base, and strategic marketing. Major players in the market focused on the Ice Skating Equipment market innovation by investing more in research and development. Furthermore, the industry players are focusing on the extensive usage of online distribution channels for enhanced cost-effectiveness. The sustainability in the supply chain is a decisive factor for Ice Skating Equipment brands leading to an impact on the margin profits of firms.
Report Benefits & Key Questions Answered
- Ice Skating Equipment Company & brand share analysis: Company and brand share analysis on Ice Skating Equipment reveals how much market share is captured by Tier 1, Tier 2, and Tier 3 players
- Ice Skating Equipment Historical volume analysis: The industry analysis provides data & insights on historical volume sales of Ice Skating Equipment
- Ice Skating Equipment Category & segment level analysis: Fact.MR’s Ice Skating Equipment sales outlook offers category and segment level analysis on lucrative and nascent product types. Market players can use this information to identify sales potential and set sales targets at local, country, and regional level.
- Ice Skating Equipment Consumption by demographics: The market intelligence study provides consumption by demographics analysis so market players can design their product and marketing strategies on the basis of high-value consumers
- Post COVID consumer spending on Ice Skating Equipment: The report includes post COVID consumer spending analysis. This information will help business leads understand the shifts in purchasing power and behavior
- Manufacturing trend analysis: Vital information on how market players are aligning their manufacturing strategies with respect to evolving consumer sentiments
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