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Ice Skating Equipment Market Share, Growth & Forecast [2031]
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Ice Skating Equipment Market Share, Growth & Forecast [2031]

Segments - Ice Skating Equipment Market by Types (Accessories, Apparels, Figure Skates, Hockey Skates, Racing Skates, Recreational Skates), Distribution Channels (Sporting Goods Retailers, Hypermarkets and Supermarkets, Department Stores, Online Retail Stores), Users (Professional users, Personal or recreational users, and Sports trainers), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

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Author : Debadatta Patel
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Upcoming | Report ID :CG-675 | 4.4 Rating | 79 Reviews | 172 Pages | Format : PDF Excel PPT

Report Description


The global ice-skating equipment market size was valued at nearly USD 6.87 Bn in 2022 and is anticipated to reach USD 14.92 Bn by 2031, expanding at a CAGR of 9% during 2023 – 2031. The growth of the market is attributed to the increasing number of populations opting ice skating as a sport of leisure and thrill, growing disposable income in emerging and developed economies, and innovative technological advancements seen in the recent years.

Ice skating equipment are accessories used to navigate on frozen water. Ice skating is recreation and sport of gliding across an ice surface on blades fixed to the bottoms of shoes.

Ice Skating Equipment Market Outlook

The activity of ice skating has given rise to two distinctive sports: figure skating, which involves the performance of various jumps, spins, and dance movements; and speed skating which is a form of racing on ice skates. Ice hockey is the best-known team sport that involves skating.

Ice skating can be done on specially created ice surfaces or arenas and on naturally present bodies of frozen water. Predominantly ice skating was majorly observed in snow clad regions but that has seen a shift in recent years with technological developments wherein artificial ice arenas are created for people to enjoy skating irrespective of whether they live in snowy regions or other parts of the world.

Ice skating equipment provide wearer all the necessary protection while gliding on the snow, it is considered very important to have good ice-skating equipment to avoid any harmful injuries.

  • Growing popularity of ice-skating sports competitions globally is anticipated to drive the market growth during the forecast.
  • Increasing ice skating arenas in shopping malls and sports complexes are major factors boosting the market expansion in the coming years.
  • Rising disposable income in developing countries is expected to fuel the market growth during the forecast period.
  • High cost of production and supply chain challenges are anticipated to impede the market growth.
  • Lack of awareness among the consumers associated to various ice-skating equipment act as major factor that can hamper the market expansion during the forecast period.
  • R&D investment and technological advancement in the ice-skating equipment market are estimated to create significant opportunities for the market players.

Scope of Ice Skating Equipment Market Report

The report on the global ice skating equipment market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Ice Skating Equipment Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Types (Accessories, Apparels, Figure Skates, Hockey Skates, Racing Skates, Recreational Skates), Distribution Channels (Sporting Goods Retailers, Hypermarkets and Supermarkets, Department Stores, Online Retail Stores), Users (Professional users, Personal or recreational users, and Sports trainers)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Cougar, King Line, Rollerblade, ROCES, POWERSLIDE

Ice Skating Equipment Market Segment Insights

Recreational skate’s segment is projected to exhibit high growth rate

Based on the types, the ice skating equipment is segregated into accessories, apparels, figure skates, hockey skates, racing skates, recreational skates. Recreational skate’s segment is projected to exhibit high growth rate due to rising popularity of ice skating as a sport among the consumers worldwide. With advent of social media platforms, consumers are becoming aware of ice skating sport which is anticipated to spur the demand of recreational skates during the forecast period.

Ice Skating Equipment Market Types Segmentation

Online retail stores are projected to constitute key market share

Based on distribution channels, the ice skating equipment market is segmented into sporting goods retailers, hypermarkets and supermarkets, department stores, and online retail stores. Predominantly sporting goods retailers and supermarkets constituted for large market share among the distribution channels. However, online retail stores are projected to constitute key market share during the forecast period owing to rising popularity of ecommerce websites in the recent years.

Consumers get choice of selecting large number of brands and varieties of equipment through online retailers. Online spending has rose significantly, and growth opportunity for the sales of equipment through online channel have compelled many vendors to improve purchase processes in terms of security and reliability, which is expected to further spur the demand during the forecast period.

Personal or recreational users’ segment is expected to expand at a significant pace

On the basis of users, the market is divided into professional users, personal or recreational users, and sports trainers. Personal or recreational users’ segment is expected to expand at a significant pace due to the growing number of ice-skating arenas at shopping malls and sports complexes worldwide.

The creation of artificial ice-skating arenas has opened the possibilities of enjoying the sport irrespective of whether one lives in snowy regions or not, this factor is expected to contribute towards the expansion of market during the forecast period.

Ice Skating Equipment Market Users Segmentation

North America is expected to dominate the market

On the basis of regions, the ice skating equipment market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is anticipated to dominate the market at a healthy CAGR during the forecast period. The regional market growth can be attributed to the popularity of ice skating and the awareness among population about the equipment used.

On the other hand, Asia Pacific is expected to exhibit a rapid growth rate in the coming years owing to the sports aspirational popularity. Increasing number of countries in this region have started adopting the sport on an international level which is anticipated to fuel the demand for products in the coming years.

Ice Skating Equipment Market Region

Segments

The global ice skating equipment market has been segmented on the basis of

Types

  • Accessories
  • Apparels
  • Figure Skates
  • Hockey Skates
  • Racing Skates
  • Recreational Skates

Distribution Channels

  • Sporting Goods Retailers
  • Hypermarkets and Supermarkets
  • Department Stores
  • Online Retail Stores

Users

  • Professional users
  • Personal or recreational users
  • Sports trainers

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

Competitive Landscape

Key players competing in the ice skating equipment market are Cougar, King Line, Rollerblade, ROCES, POWERSLIDE. Many of the key players have started adopting global strategies due to the rise in demand and popularity of sport in the recent years. The players operating in the market have been constantly involved in developing new innovative products to enhance their market share.

  • For Instance, Rollerblade launched new product named POWERBLADE series in 2019 aimed at recreational consumers for all age groups in a bid to meet the growing demand in this segment.

 Ice Skating Equipment Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ice Skating Equipment Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Ice Skating Equipment Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Ice Skating Equipment Market - Supply Chain
  4.5. Global Ice Skating Equipment Market Forecast
     4.5.1. Ice Skating Equipment Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Ice Skating Equipment Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Ice Skating Equipment Market Absolute $ Opportunity
5. Global Ice Skating Equipment Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Ice Skating Equipment Market Size and Volume Forecast by Types
     5.3.1. Accessories
     5.3.2. Apparels
     5.3.3. Figure Skates
     5.3.4. Hockey Skates
     5.3.5. Racing Skates
     5.3.6. Recreational Skates
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Ice Skating Equipment Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Ice Skating Equipment Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Ice Skating Equipment Demand Share Forecast, 2019-2026
7. North America Ice Skating Equipment Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Ice Skating Equipment Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Ice Skating Equipment Market Size and Volume Forecast by Types
     7.4.1. Accessories
     7.4.2. Apparels
     7.4.3. Figure Skates
     7.4.4. Hockey Skates
     7.4.5. Racing Skates
     7.4.6. Recreational Skates
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Ice Skating Equipment Demand Share Forecast, 2019-2026
8. Latin America Ice Skating Equipment Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Ice Skating Equipment Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Ice Skating Equipment Market Size and Volume Forecast by Types
     8.4.1. Accessories
     8.4.2. Apparels
     8.4.3. Figure Skates
     8.4.4. Hockey Skates
     8.4.5. Racing Skates
     8.4.6. Recreational Skates
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Ice Skating Equipment Demand Share Forecast, 2019-2026
9. Europe Ice Skating Equipment Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Ice Skating Equipment Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Ice Skating Equipment Market Size and Volume Forecast by Types
     9.4.1. Accessories
     9.4.2. Apparels
     9.4.3. Figure Skates
     9.4.4. Hockey Skates
     9.4.5. Racing Skates
     9.4.6. Recreational Skates
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Ice Skating Equipment Demand Share Forecast, 2019-2026
10. Asia Pacific Ice Skating Equipment Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Ice Skating Equipment Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Ice Skating Equipment Market Size and Volume Forecast by Types
     10.4.1. Accessories
     10.4.2. Apparels
     10.4.3. Figure Skates
     10.4.4. Hockey Skates
     10.4.5. Racing Skates
     10.4.6. Recreational Skates
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Ice Skating Equipment Demand Share Forecast, 2019-2026
11. Middle East & Africa Ice Skating Equipment Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Ice Skating Equipment Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Ice Skating Equipment Market Size and Volume Forecast by Types
     11.4.1. Accessories
     11.4.2. Apparels
     11.4.3. Figure Skates
     11.4.4. Hockey Skates
     11.4.5. Racing Skates
     11.4.6. Recreational Skates
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Ice Skating Equipment Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Ice Skating Equipment Market: Market Share Analysis
  12.2. Ice Skating Equipment Distributors and Customers
  12.3. Ice Skating Equipment Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Cougar
     12.4.2. King Line
     12.4.3. Rollerblade
     12.4.4. ROCES
     12.4.5. POWERSLIDE

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