Snowboard Equipment Market Qualitative Analysis Reveals Amazing Growth

Surge in aspiring snowboard athletes is projected to rev up demand for snowboard equipment in the sports industry. In addition, increasing in demand for technically enhanced sport equipment is projected to impact growth of the global snowboard equipment market positively. A recently published report by Fact.MR reveals that the global market of snowboard equipment is projected to reflect a robust CAGR over the projected, 2017 – 2022.

Increasing participation in winter sports such as skiing and snowboarding is projected to boost demand for snowboard equipment globally. Moreover, surge in number of aspiring athletes is projected to fuel demand for snowboard equipment positively. Sport manufacturers are increasingly witnessing demand for technically enhanced sport equipment among snowboard athletes. Bound to such factors, the global market of snowboard equipment is projected to witness surge in growth during the projected period. A research recently conducted by the National Institute on Aging shows that workout and exercise is a significant factor expected to impact the cognitive health positively.

Moreover, manufacturers are increasingly integrating snowboard equipment with enhanced features such as heated snow boot liners and tracker watches. Surge in demand for technically enhanced snowboard equipment is projected to rev up growth of the global snowboard equipment market significantly during the projected period.

On the other hand, various factors are projected to inhibit growth of the global snowboard equipment market. Increasing climatic changes has led to inadequate snowing, which has led to a significant decline in winter sport participation.

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Split board among other products is projected to witness a relatively high revenue growth in the global market of snowboard equipment. This segment is projected to represent more than US$ 10 Mn in the snowboard equipment market globally by 2022 – end. Snowboard binding is projected to witness a significant growth in terms of revenue, after split board through 2022. North America among other regions is projected to remain a major market for snowboard equipment globally. Men’s snowboard boots among other equipment is projected to reflect a relatively high CAGR in the global market of snowboard equipment throughout 2022. Kid’s snowboard boots and split board is projected to reflect a parallel CAGR in the global market of snowboard equipment through 2022.

Economic among other prices is projected to witness a relatively high revenue growth, followed by premium range in the global market of snowboard equipment. Mid-price is projected to reflect a relatively high CAGR throughout 2022.

Split Board to Represent a Leading Segment

Specialty stores among other distribution channels is projected to witness a relatively high revenue growth in the snowboard equipment market globally. This segment is projected to represent more than US$ 20 Mn in the global market of snowboard equipment by 2017 – end. Online stores among other distribution channels is projected to represent significant revenue growth after specialty stores globally in 2017. Snowboard equipment products are projected to witness significant surge in North America. Specialty stores among other distribution channels is projected to reflect a relatively high CAGR in the global market of snowboard equipment market through 2022. Direct sales among other channels is projected to reflect the second highest CAGR in the global market of snowboard equipment throughout 2022.

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About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

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Motorcycle Riding Gloves Market Investment Opportunities in Competitive Environment

The global motorcycle riding gloves market is slated to touch a value of nearly US$ 104 Mn in the year 2022 and grow at a sluggish CAGR during the assessment period.

Motorcycle riding gloves are an important part of biking since they have many functionalities in addition of being a style statement. Motorcycle riding gloves are necessary in order to offer protection to the fingers and palms of the motorcycle rider. In addition, the motorcycle riding gloves also help the riders to get a better grip on the handle of the bike, allowing them to operate the accelerator or the break as the situation demands. Motorcycle riding gloves are also handy in situations when it is raining or in colder climates. A factor encouraging the sales of motorcycle riding gloves is the boom in the adventure riding sector.  

The report has also profiled leading players in the global market for motorcycle riding gloves, which will remain active through 2022. These include companies such as Olympia Gloves, Dainese S.p.A, Adidas AG, Held GmbH, PUMA SE, HB Performance Systems, Inc., Frank Thomas Holdings Limited, Stauffer Manufacturing Company and Gerbing's Heated Clothing Inc.

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4 Forecast Highlights on Global Motorcycle Riding Gloves Market

As per the forecast of Fact.MR, the negative cut goalkeeper gloves segment is slated to touch a value of nearly US$ 23 Mn in the year 2022. This represents a sluggish CAGR growth during the assessment period of 2017-2022. The negative cut goalkeeper gloves segment is estimated to account for more than one-fifth of the revenue share of the glove type segment by the year 2017 end and is expected to gain in market share by the year 2022 end.

As per the forecast of Fact.MR, the franchised sports outlet segment will reach a value of nearly US$ 16 Mn in the year 2017. This represents a sluggish CAGR growth during the forecast period. The franchised sports outlet segment is estimated to account for nearly one-fifth of the revenue share of the sales channel segment in the year 2017 end and is expected to gain market share by the end of the year 2022.  

As per the forecast of Fact.MR, the individual buyer type segment is slated to reach a value of nearly US$ 56 Mn in 2022. The individual buyer type segment is expected to gain some market value by the end of the year 2022. The largest share is contributed by the APEJ region in the individual buyer type segment.  

Fact.MR forecasts the China motorcycle riding gloves market to grow from US$ 4.6 Mn in 2017 to US$ 5.5 Mn in 2022. This represents a compound annual growth rate (CAGR) of 3.3% from 2017 to 2022.

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About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

Contact Us

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Ice Skating Equipment Market Know Reasons Why Opportunity Knocks Again

The global ice skating equipment market is anticipated to show a value of more than US$ 975 Mn and is expected to grow at a higher rate during the period of forecast of 2017 to 2022.

Ice skating is a popular activity in several snow clad regions around the world. Ice skating equipment market is impacted by several factors which directly have relation with the growth of the market. The increasing number of people choosing ice skating either for leisure or thrill, increasing number of waterless ice skating arenas, rising eco ice skating rinks especially in the emerging economies, innovations in equipment used in ice skating, exercise and health benefits from ice skating are few of aspects which have a positive impact on the ice skating equipment market. The rise in ice skating due to these factors has led to an increased consumption and demand for equipment used in ice skating, which has in turn spurred the global ice skating equipment market. Developed economy of North America shows higher market attractiveness for the ice skating equipment market.

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Forecast Highlights on Global Ice Skating Equipment Market

Hockey skates segment by product type shows dominance in terms of higher market share. It is poised to grow at a moderate growth rate.

In addition to hockey stakes, demand for figure stakes is also likely to grow at a robust pace during the assessment period.

By buyer type, the key segments include individual, institutional, and promotional. Among these, individual segment continues to be the largest. The report projects the individual segment to remain the largest market in terms of revenue during the assessment period.

Modern trade continue to be the largest segment in terms of revenue. Sales of ice skating equipment are also growing at a brisk pace through online channels. The report projects online sales to emerge as a lucrative sales channel during the assessment period.

North America is the largest market for ice skating equipment, and the status quo is likely to remain unchanged during the assessment period. The growing popularity of ice skating as an activity is likely to create new growth opportunities for manufacturers in Europe during the assessment period.

Manufacturers can expect a steady stream of opportunities to emerge from Asia Pacific excluding Japan (APEJ) during the forecast period

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About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

Contact Us

FactMRSuite 988427 Upper Pembroke Street,Dublin 2, IrelandTel: +353-1-4434-232Tel: +353-1-6111-593 Email: sales@factmr.comBlog: https://www.factmr.com/

Cross Country Ski Equipment Market Growth, Trends, Opportunities and Forecast to 2022

Equipment of cross country skiing have undergone significant changes since the days of bamboo poles, three-pin bindings, and knickers. At present, the available cross country equipment are geared to all competitive bents, shapes, and sizes of skiers, and are sleek & flashy. The cross country ski equipment manufacturers have been incorporating new technologies as well as lighter materials in their products, however basic equipment needs of skiers haven’t changed much, from the time of the activity’s inception. Various factors are taken into consideration while buying cross country ski equipment, including their performance, and endorsement of equipment by celebrities or by professional skiers. These factors are expected to impact growth of the global cross country ski equipment market.

Cross country skiing has witnessed a gradual transformation, becoming an intoxicating sport, as it involves high technical and physical skills. Cross country ski scales are relatively less expensive, and crowded, which is a factor driving its popularity. As it is a kind of an aerobic sport, and as low-intensity cross country skiing is considered to be similar to jogging, several health benefits are associated with the cross country skiing, which in turn is attracting more individuals for participating in this sport. These factors will further accelerate expansion of the market in the near future.

Fact.MR, in its new report, has projected the global cross country ski equipment market to register a steady growth over the forecast period 2017 to 2022. Global sales of cross country ski equipment are estimated to exceed US$ 50 Mn in revenues by 2022-end.

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5 Key Projections on Future of Global Cross Country Ski Equipment Market

Based on product type, race & performance classic skis will account for revenues nearly US$ 8 Mn by 2022-end. Race & performance classic skis are estimated to remain the most lucrative product in the market. In addition, sales of the metal edge touring skis are poised to exhibit the highest CAGR through 2022.

Specialty stores will continue to be the largest distribution channels in the global cross country ski equipment market, and are expected to hold over one third market revenue share over the forecast period. Franchise stores are expected to be the second most lucrative distribution channel for the cross country ski equipment by 2022-end.

On the basis of price range, although premium cross country ski equipment will continue to be preferred among individuals, mid-range cross country ski equipment sales are projected to register the fastest expansion through 2022. Revenues from premium cross country ski equipment will account for more than 25% market share during 2017 to 2022.

North America is projected to retain its dominance in the global market for cross country ski equipment, witnessing expansion at a CAGR of 4.6% through 2022. Approximately US$ 16 Mn revenues will be accounted by cross country ski equipment sales in North America by 2022-end.

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About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

Contact Us

FactMR
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-4434-232
Tel: +353-1-6111-593
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Athletic Footwear Market Growth, Trends, Opportunities and Forecast to 2022

Athletic footwear is used by athletes owing to their enhanced functionality. The global athletic footwear market is expected to witness growth which is impacted by several factors. There is increased participation of young population in sports and athletics. Along with rising interest, the awareness regarding health is also at its peak which calls for higher demand of athletic footwear in order to maintain foot health. The athletic footwear market is influenced by several pluses such as mid foot balancing, cushioning, better speed control, anti-friction properties, comfort, breathability slowing down perspiration, new innovations in footwear which further improve their functionality such as reduction in weight and heel stabilization and easy availability. Europe region is more likely to dominate the global market and shows higher market attractiveness index. The global athletic footwear market is anticipated to show a value of more than US$ 83 Bn and is expected to grow at a moderate rate during the period of forecast of 2017 to 2022.

Forecast Highlights on Global Athletic Footwear Market

Europe region shows higher market attractiveness and dominates the global market with respect to higher revenue share. Asia-Pacific excluding Japan (APEJ) region is poised to grow at the highest rate reflecting a CAGR of 5.2% during the period of forecast

Specialty boots segment by product type is anticipated to grow at a higher growth rate, yet has less market share. The running shoes segment by product type dominates the global market in terms of higher revenue share during 2017 and this trend is anticipated to continue during the forecast period

From an investment standpoint, there is a tough call to make between running shoes segment and backpacking shoes segment as there is less difference between their market shares. However, the backpacking shoes segment has higher growth rate compared to running shoes segment. Backpacking shoes segment is poised to reflect a CAGR of 4.4% during the period of forecast

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Men segment by demographics dominates the market and reflects a market share of 40.4% as of 2017. However, the women segment by demographics is anticipated to grow at the highest growth rate during the period of forecast of 2017 to 2022. The kids segment shoes a slow growth rate and is expected to experience a loss in BPS by the end of 2022

Economy segment by price-based type dominates the market and a higher gain in the BPS by 2022 end. The super-premium segment is expected to grow at a similar pace as economy segment during the period of forecast

Sport stores segment by distribution channel dominates the market in terms of higher market share and a moderate growth rate throughout the forecast period. Hypermarket/supermarket segment gives tough competition to this segment, their market shares having not much of a difference. Although, hypermarket/supermarket segment grows at a comparatively higher growth rate than sport stores segment during the forecast period

Specialty stores segment is poised to grow at the highest growth rate as compared to other segments by distribution channel throughout the period of forecast and is poised to reflect a CAGR of 5%.

The report has also profiled leading players in the global market for athletic footwear, which would remain active through 2022. These include companies like K-Swiss INC., PUMA SE, Adidas AG, NIKE Inc., Amer Sports Corporation, Wolverine World Wide, Inc., Deckers Outdoor Corporation, VF Corporation, Skechers, INC., New Balance INC., and ASICS Corporation

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About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

Contact Us

FactMR
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-4434-232
Tel: +353-1-6111-593
Email: sales@factmr.com
Blog: https://www.factmr.com/