Ski & Snowboard Resorts in Canada - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

Fresh Powder: Rising Disposable Income Will Likely Entice Regional and Local Guests to Visit Industry Locations

The Ski and Snowboard Resorts industry in Canada has experienced meager growth over the five years to 2023 due to steep declines caused by COVID-19. However, rising per capita disposable income during most of the period gave consumers more discretionary income, enabling them to spend more on recreational activities, such as skiing and snowboarding. Overall, industry revenue is expected to increase an annualized 0.2% to $1.5 billion over the five years to 2023.

This industry comprises operators that are engaged in operating downhill, cross-country or similar skiing areas, or operating equipment, such as ski lifts and tows. These operators often provide food and beverage services, equipment rental services and ski instruction services. Four-season resorts without accommodations are also included in this industry, though companies that own but do not operate ski resorts are excluded from the industry.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.