Europe Ski Gear & Equipment Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.50 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Ski Gear & Equipment Market Analysis
The Europe ski gear and equipment market is expected to register a CAGR of 3.5% during the forecast period.
- Recreational physical and social activities have many health benefits throughout the lifespan. Physical activity benefits musculoskeletal and cardiometabolic health, motor skills, academic achievement, self-esteem, cognitive development, social integration, and overall well-being in children and adolescents. Thus, due to health benefits, participation in outdoor activities like skiing and other snow sports is increasing across Europe, fueling demand for ski gear and equipment market across the region.
- The government is also encouraging outdoor sports participation by conducting various activities, which is one of the major factors contributing to the increased sales of ski gear & equipment across the region. Manufacturers, too, are launching lightweight and innovative equipment for use, providing the convenience of usage and offering them a competitive advantage in the market. Thus, these factors are anticipated to support market growth.
Europe Ski Gear & Equipment Market Trends
Rising Penetration of Winter Sports to Fuel Demand for Ski Gears & Equipment
- Europe has a lot of winter sports activities and hosts many competitive events in snowboarding, skiing, luge, bobsledding, ice skating, etc. Recreational skiing and other winter sports are enjoyed by many Europeans, along with other visitors. Skiing is by far the most anticipated sport within the winter sports industry, followed by snowboarding in the region. Popular destinations in Europe, such as Chamonix, St Moritz, Val Thorens, and Kitzbuhel, among others, have been facilitating winter sports across the region.
- Furthermore, active government support for sports tourism positively impacts the European market. For instance, various governing bodies and sports associations, such as the German Skiing Association, actively support the participants by sponsoring high-quality equipment and garments to enhance their performance during competitions. Thus, strong penetration of winter sports across the region and favorable government support are expected to propel the market's growth during the forecast period.
Rising Participation Rate across Europe fueling Market Demand
- Sport participation and physical activity promotion have intensified over recent years. According to the Eurostat data for 2021, participating in any cultural or sports activity is quite popular among the European population. Self-motivation, satisfaction, and adopting a healthy lifestyle are some of the factors propelling sports participation, further fueling the demand for the ski gear & equipment market across Europe.
- Additionally, the market is witnessing an increase in the number of women participating in various sports, including snow sports such as skiing. Though the participation rate of women in skiing is less in comparison with that of men, the rising trend towards being physically active and government support is playing a role in enhancing their participation.
- For instance, the Council of the European Union (CEU) advocates encouraging the planning and promotion of physical activity in Europe through various collaborative projects. Thus, the growing adoption of ski gear & equipment in different countries of Europe indicates a boost to the market's growth over the coming years.
Europe Ski Gear & Equipment Industry Overview
The European ski gear and equipment market is highly competitive, and major players are focusing on differentiating their offerings through product launches and mergers and acquisitions to enhance their brand portfolio to cater to various preferences of consumers. Furthermore, expansion is also one of the key strategies key market players use to tap newer markets and widen their production facilities. Since the European market shows great potential for ski gear and equipment more than any other region in the world, key market players are focusing on geographical expansions to strengthen their hold in the market.
Europe Ski Gear & Equipment Market Leaders
Amer Sports Oyj
Groupe Rossignol
Vista Outdoor Inc.
Tecnica Group SpA
Clarus Corporation
*Disclaimer: Major Players sorted in no particular order
Europe Ski Gear & Equipment Market News
- February 2022: Wedze, the winter-sports brand of French giant Decathlon, partnered with Belgian innovator Resortecs to launch a fully recyclable ski jacket using the start-up's design-for-disassembly technology. Different from normal ski jackets, which are extremely difficult to recycle due to their complex material composition, this flagship is made of 63% recycled polyester, and 23% of the fabrics are dyed using dope dyeing - one of the most water-efficient dying techniques.
- September 2021: Sustainable skiwear retailer EcoSki launched EcoSki Rental, Europe's first contemporary online skiwear rental service, in collaboration with rental giant MY WARDROBE HQ. Powered by MY VENTURES, the technology service recently launched by MY WARDROBE HQ, EcoSki Rental offers a practical, cost-effective solution for skiers wanting high-quality kits without the high-end price tag. The carefully curated range of kits includes everything from jackets, pants, helmets, and goggles to socks, baselayers, gloves, beanies, and avalanche equipment.
Europe Ski Gear & Equipment Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Product Type
5.1.1 Skis & Poles
5.1.2 Ski Helmets
5.1.3 Ski Boots
5.1.4 Other Protective Gear and Accessories
5.2 By End User
5.2.1 Men
5.2.2 Women
5.2.3 Children
5.3 By Distribution Channel
5.3.1 Specialty Stores
5.3.2 Online Retail Stores
5.3.3 Other Distribution Channels
5.4 By Geography
5.4.1 United Kingdom
5.4.2 Germany
5.4.3 Spain
5.4.4 France
5.4.5 Italy
5.4.6 Russia
5.4.7 Rest of Europe
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Amer Sports Oyj
6.3.2 Fischer Beteiligungsverwaltungs GmbH
6.3.3 Clarus Corporation
6.3.4 Groupe Rossignol
6.3.5 Marker Dalbello Volkl (International) GmbH
6.3.6 UVEX group
6.3.7 Vista Outdoor Inc.
6.3.8 Alpina, d.o.o.
6.3.9 Tecnica Group SPA
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. ABOUT US
Europe Ski Gear & Equipment Industry Segmentation
Ski gear and equipment are the equipment or special clothing used by skiers for a particular activity.
The Europe ski gear & equipment market is segmented into product type, end-user, distribution channel, and geography. Based on product type, the market is segmented into skis & poles, ski helmets, ski boots, and other protective gear and accessories. Based on end-user, the market is divided into men, women, and children. Based on the distribution channel, the market is segmented into specialty stores, online retail stores, and other distribution channels. Based on geography, the market is segmented into United Kingdom, Germany, Spain, France, Italy, Russia, and the Rest of Europe.
The report offers market size and forecasts for Europe ski gear & equipment market in value (USD million) for all the above segments.
| By Product Type | |
| Skis & Poles | |
| Ski Helmets | |
| Ski Boots | |
| Other Protective Gear and Accessories |
| By End User | |
| Men | |
| Women | |
| Children |
| By Distribution Channel | |
| Specialty Stores | |
| Online Retail Stores | |
| Other Distribution Channels |
| By Geography | |
| United Kingdom | |
| Germany | |
| Spain | |
| France | |
| Italy | |
| Russia | |
| Rest of Europe |
Europe Ski Gear & Equipment Market Research Faqs
What is the current Europe Ski Gear & Equipment Market size?
The Europe Ski Gear & Equipment Market is projected to register a CAGR of 3.5% during the forecast period (2024-2029)
Who are the key players in Europe Ski Gear & Equipment Market?
Amer Sports Oyj, Groupe Rossignol, Vista Outdoor Inc., Tecnica Group SpA and Clarus Corporation are the major companies operating in the Europe Ski Gear & Equipment Market.
What years does this Europe Ski Gear & Equipment Market cover?
The report covers the Europe Ski Gear & Equipment Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Ski Gear & Equipment Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe Ski Gear & Equipment Industry Report
Statistics for the 2024 Europe Ski Gear & Equipment market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Ski Gear & Equipment analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
