Market Size of Europe Ski Gear & Equipment Industry
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.