The global figure skating equipment market reached a value of US$ 76.7 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 100.5 Million by 2027 exhibiting a CAGR of 4.10% during 2022-2027.
Figure skating equipment represent numerous clothing items and accessories worn by figure skaters during competitions or training. Some widely utilized equipment include figure skating boots and blades, stretchy pants, blade guards, helmets, jackets, socks, gloves, etc. They are available in various materials, designs, customization options, etc., to meet diverse consumer requirements. Figure skating equipment assist in enhancing the performance of individuals, offer improved support and flexibility, prevent sports injuries by reducing shocks, etc.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Global Figure Skating Equipment Market Trends:
The shifting consumer preferences towards adopting an active lifestyle and the rising number of ice-skating arenas are among the key factors driving the figure skating equipment market. In addition to this, the increasing consumer awareness towards various associated health benefits of figure skating and the elevating participation rates in competitions are further catalyzing the product demand. Moreover, the escalating adoption of waterless or synthetic ice-skating arenas to minimize manufacturing and operational costs while reducing the dependence on weather conditions is also augmenting the global market. Besides this, the expanding e-commerce sector is propelling the sales of figure skating equipment, on account of the easy availability, flexible payment options, convenient return policies, etc. Furthermore, several key market players are launching high-quality, lightweight, and durable product variants in stylish designs to expand their customer base, which, in turn, is projected to fuel the figure skating equipment market over the forecasted period.
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Global Figure Skating Equipment Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
American Athletic Shoes Company, EDEA srl, Graf Skates AG, Jackson Ultima Skates, John Wilson Skates Limited, K2 Sports LLC (Newell Brands), Paramount Sk8s Inc., Riedell Shoes Inc., Roces S.r.l., Rollerblade (Tecnica Group S.p.A), SP-Teri Inc. and Winnwell Inc.
The report has segmented the market on the basis on region, product type, distribution channel, application.
Breakup by Product Type:
- Figure Skates
- Figure Skating Accessories
Breakup by Distribution Channel:
Breakup by Application:
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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