The global ski equipment market is forecast to grow at a CAGR of 1.19% during the period 2016-2020.
According to the report, as the ski has more recreational players than the professional skiers, the rule of wearing protective gear like helmet is not compulsory in recreational sports. For example, in Canada, ski helmets lack mandatory Canadian safety rules.
The helmets used by the skiers in Canada aren't governed by any mandatory Canadian safety standards. However, there is a growth in number of helmets used by the skiers. In Canada, the usage of helmets increased from 30% in 2003 to 85% in 2015. Such growth in the helmet is a key driver for market growth.
Further, the report states that lack of snowfall during the winter is a major challenge for the ski equipment and the market as the sport entirely relies on the snow. Such lack of snow has reported across the globe. In 2015 in Japan, the lack of snowfall in Japan has led to many ski resorts closed.
In December, more than 60% of the big 54 big resorts in Hokkaido, one of the most prominent places for ski in Japan, cancelled their ski services due to lack of snowfall. Temperature in such prominent ski areas remained above 32°F during the December, which is the peak time for ski.
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- Amer Sports
- Black Diamond Equipment
- Newell Brands
- American Athletic Shoe
- Franklin Sports
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product
PART 07: Market segmentation by retail format
PART 08: Geographical segmentation
PART 09: Key leading countries
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Key vendor analysis
PART 16: Appendix
PART 17: About the Author
For more information about this report visit http://www.researchandmarkets.com/research/d6c3fl/global_ski
Research and Markets
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SOURCE Research and Markets