The global figure skating equipment market size reached US$ 84.1 Million in 2023. Looking forward, the market is projected to reach US$ 114.6 Million by 2032, exhibiting a growth rate (CAGR) of 3.50% during 2023-2032.
Figure skating equipment refers to various clothing and accessories worn by figure skaters during training or competitions. Some commonly used equipment includes figure skating boots and blades, blade guards, helmets, Bunga and crash pads, stretchy pants, sweaters, jackets, socks, and gloves. Nowadays, they are available in a wide array of materials, types, designs, and customization options to meet the changing consumer requirements. In recent years, figure skating equipment has gained traction across the globe as it improves the performance of individuals, provides better support and flexibility, and prevents sports injuries by minimizing shocks or pressure from falls.
Furthermore, the expanding e-commerce sector is accelerating the sales of figure skating equipment due to easy product availability, flexible payment options, convenient return policies and secure transactions. Moreover, the leading manufacturers are launching high-quality, lightweight and durable figure skating equipment in stylish designs to expand their product portfolio, attract more customers and gain a competitive edge in the market.
This, in confluence with the increasing adoption of aggressive promotional activities by key players, is catalyzing the market growth. Other factors, including inflating consumer disposable incomes, growing inclination toward sports and fitness activities, and rising popularity of international tournaments, are also providing a positive market outlook.
2. What is the expected growth rate of the global figure skating equipment market during 2024-2032?
3. What are the key factors driving the global figure skating equipment market?
4. What has been the impact of COVID-19 on the global figure skating equipment market?
5. What is the breakup of the global figure skating equipment market based on the product type?
6. What is the breakup of the global figure skating equipment market based on the distribution channel?
7. What are the key regions in the global figure skating equipment market?
8. Who are the key players/companies in the global figure skating equipment market?
Figure skating equipment refers to various clothing and accessories worn by figure skaters during training or competitions. Some commonly used equipment includes figure skating boots and blades, blade guards, helmets, Bunga and crash pads, stretchy pants, sweaters, jackets, socks, and gloves. Nowadays, they are available in a wide array of materials, types, designs, and customization options to meet the changing consumer requirements. In recent years, figure skating equipment has gained traction across the globe as it improves the performance of individuals, provides better support and flexibility, and prevents sports injuries by minimizing shocks or pressure from falls.
Figure Skating Equipment Market Trends
The rising consumer interest in sports, such as figure skating, and the increasing number of ice-skating arenas represent the primary factors driving the market growth. Additionally, the growing awareness regarding the health benefits of figure skating and the rising participation rates in competitions are escalating the demand for figure skating equipment. Besides this, the widespread adoption of waterless or synthetic ice-skating arenas to reduce manufacturing and operational costs while minimizing the dependence on weather conditions is also propelling the market growth.Furthermore, the expanding e-commerce sector is accelerating the sales of figure skating equipment due to easy product availability, flexible payment options, convenient return policies and secure transactions. Moreover, the leading manufacturers are launching high-quality, lightweight and durable figure skating equipment in stylish designs to expand their product portfolio, attract more customers and gain a competitive edge in the market.
This, in confluence with the increasing adoption of aggressive promotional activities by key players, is catalyzing the market growth. Other factors, including inflating consumer disposable incomes, growing inclination toward sports and fitness activities, and rising popularity of international tournaments, are also providing a positive market outlook.
Key Market Segmentation
This report provides an analysis of the key trends in each sub-segment of the global figure skating equipment market report, along with forecasts at the global, regional and country level from 2024-2032. The report has categorized the market based on product type, distribution channel and application.Breakup by Product Type:
- Figure Skates
- Figure Skating Accessories
Breakup by Distribution Channel:
- Offline
- Online
Breakup by Application:
- Men
- Women
- Kids
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
Competitive Landscape
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.Key Questions Answered in This Report
1. What was the size of the global figure skating equipment market in 2023?2. What is the expected growth rate of the global figure skating equipment market during 2024-2032?
3. What are the key factors driving the global figure skating equipment market?
4. What has been the impact of COVID-19 on the global figure skating equipment market?
5. What is the breakup of the global figure skating equipment market based on the product type?
6. What is the breakup of the global figure skating equipment market based on the distribution channel?
7. What are the key regions in the global figure skating equipment market?
8. Who are the key players/companies in the global figure skating equipment market?
Table of Contents
1 Preface3 Executive Summary11 Value Chain Analysis13 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Figure Skating Equipment Market
6 Market Breakup by Product Type
7 Market Breakup by Distribution Channel
8 Market Breakup by Application
9 Market Breakup by Region
10 SWOT Analysis
12 Porters Five Forces Analysis
14 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- 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.
- Winnwell Inc.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 135 |
Published | April 2024 |
Forecast Period | 2023 - 2032 |
Estimated Market Value ( USD | $ 84.1 Million |
Forecasted Market Value ( USD | $ 114.6 Million |
Compound Annual Growth Rate | 3.5% |
Regions Covered | Global |
No. of Companies Mentioned | 12 |