Alpine Ski Equipment Market Witness Highest Growth in near future

Over the past few years, there has been a substantial rise in number of people participating in alpine skiing. Although helmets are not a mandatory equipment in this recreational and competitive winter sport, individuals prefer to use helmets owing to the awareness about head injuries. Most of the ski countries are focusing on expansion of ski initiatives, in a bid to accelerate the participation rate, as well as reap economic benefits. An example of this is the “Little Shredders” program launched by the SSA – Ski and Snowboard Australia, which is the governing body for the Australian competitive snow sports. Little Shredders program has been initiated for teaching the alpine skiing basics to children, without even visiting the slopes. These factors might influence growth of the global alpine ski equipment market over the forecast period.

According to a recent report by Fact.MR, the global market for alpine ski equipment is poised to exhibit a moderate CAGR throughout the forecast period 2017 to 2022. Global sales of alpine ski equipment will reach approximately US$ 700 Mn in revenues by 2022-end.

The infrastructure of alpine skiing is witnessing rapid development across ski regions, driving economy of these regions, and promoting tourism. Huge development in skiing is being witnessed in South Korea, with an aim to support Winter Olympics in 2018. Moreover, alpine ski resorts are concentrating on extension of their facilities across well-established ski economies, such as Europe and North America. This large scale alpine skiing infrastructure development is adhering more individuals for participating in this sport. These factors will further drive the market growth in the near future.

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9 Key Estimations on Future of Global Alpine Ski Equipment Market

>110 mm size of alpine ski equipment is expected to remain sought-after among people around the world, accounting for over 80% revenues share of the market throughout the forecast period.

70-79 mm alpine ski equipment sales are estimated to exhibit the highest CAGR in the market through 2022.

Sales of alpine ski equipment in online sales channel are expected to ride on a CAGR of 4.3% through 2022.

Specialty stores will remain the most lucrative sales channel in the global alpine ski equipment market, with sales projected to surpass revenues worth US$ 240 Mn by 2022-end.

On the basis of equipment type, alpine bindings will witness the fastest expansion in sales during 2017 to 2022.

Alpine boots, estimated to account for nearly one-third market revenue share, will continue to be the top-selling equipment in the market over the forecast period.

North America is anticipated to retain its dominance in the market, in terms of revenues. However, sales in Asia-Pacific excluding Japan (APEJ), and Middle East and Africa (MEA) will exhibit a relatively higher CAGR through 2022.

Based on price range, economy segment is expected to remain preferred among individuals across the globe, with sales poised to surpass US$ 250 Mn in revenues by 2022-end.

Key market players profiled in the report include Nordica S.p.A., Kneissl Tirol GmbH, Head NV, Skis Rossignol SAS, Fischer Sports GmbH, Clarus Corporation, Newell Brands Inc., and Amer Sports 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.

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Snow Sports Accessories Market Witness Highest Growth in near future

 5 Key Projections on Future of Global Ice Hockey Equipment Market

Based on end-users, individual and institutional segments will remain lucrative in the global market for ice hockey equipment over the forecast period.

Online sales channel will exhibit the highest CAGR in the market through 2022. Ice hockey equipment sales in franchised sports outlet, and direct to customer brand outlet are expected to exhibit a parallel expansion at similar CAGRs through 2022. Franchised sports outlet are expected to remain comparatively more lucrative than direct to customer brand outlet over the forecast period.

Ice skates are expected to remain the most attractive product in the global ice hockey equipment market. Sales of ice skates are anticipated to reach nearly US$ 470 Mn in revenues by 2022-end. In addition, sales of skating helmets will exhibit the fastest expansion in the market through 2022.

The ice hockey equipment market in the Middle East & Africa (MEA) is expected to witness a sluggish expansion during 2017 to 2022. Europe’s ice hockey equipment market will create absolute dollar opportunity of around US$ 25 Mn between 2017 and 2022. North America will continue to be the largest market for ice hockey equipment, in terms of revenues.

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Fact.MR’s report profiles key players actively participating in the market during this 5-year period, which include Don Simmons Sports, Inc., Sport Maska Inc., Montreal-Tackla Hockey Company, Easton Hockey, Inc., Bauer Hockey, Inc., Roces Srl, Franklin Sports Inc., Graf Skates AG, Sherwood Athletics Group Inc., and New Balance

According to a report by Fact.MR, the global ice hockey equipment market is expected to register a low CAGR during 2017 to 2022. Global sales of ice hockey equipment are expected reach roughly US$ 1,400 Mn in revenues by 2022-end.

Even though the market growth witnesses a slow pace, a rise in its expansion is estimated on the back of rules changed by the NHL. The NHL has made changes to length of the goalie’s leg pads for reducing their size, which in turn will prevent blocking of five hole between their legs. In the near future, it will be necessary for the ice hockey goalies to wear catch gloves, blockers, and chest guards, which will better suit their body sizes. The changes made by NHL in game rules will necessitate purchasing of new gears by goalies, and eliminate the use of the standard oversize equipment. This will result into the loss of current stock in the market.

Over the recent past, a number of vendors have been concentrating on innovations in helmets, so as to provide players with protection from concussions. Major vendors including Adidas, and Performance Sports Group, have begun launching new versions of helmets, making the older versions obsolete. These new versions of helmets are made from flexible materials with fluid-filled bladders to prevent ice hockey players from head injuries. Adoption of these helmets will witness a rise in the near future, owing to their enhanced abilities. New opportunities are being explored by vendors in developing countries of Europe, and Asia, and these vendors are adopting multiple strategies for increasing their presence in the market. These factors will bring a promising change in the growth of the market.

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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 Hockey Equipment Market Share, Growth, Size, Trends, Opportunities & Top players

 5 Key Projections on Future of Global Ice Hockey Equipment Market

Based on end-users, individual and institutional segments will remain lucrative in the global market for ice hockey equipment over the forecast period.

Online sales channel will exhibit the highest CAGR in the market through 2022. Ice hockey equipment sales in franchised sports outlet, and direct to customer brand outlet are expected to exhibit a parallel expansion at similar CAGRs through 2022. Franchised sports outlet are expected to remain comparatively more lucrative than direct to customer brand outlet over the forecast period.

Ice skates are expected to remain the most attractive product in the global ice hockey equipment market. Sales of ice skates are anticipated to reach nearly US$ 470 Mn in revenues by 2022-end. In addition, sales of skating helmets will exhibit the fastest expansion in the market through 2022.

The ice hockey equipment market in the Middle East & Africa (MEA) is expected to witness a sluggish expansion during 2017 to 2022. Europe’s ice hockey equipment market will create absolute dollar opportunity of around US$ 25 Mn between 2017 and 2022. North America will continue to be the largest market for ice hockey equipment, in terms of revenues.

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Fact.MR’s report profiles key players actively participating in the market during this 5-year period, which include Don Simmons Sports, Inc., Sport Maska Inc., Montreal-Tackla Hockey Company, Easton Hockey, Inc., Bauer Hockey, Inc., Roces Srl, Franklin Sports Inc., Graf Skates AG, Sherwood Athletics Group Inc., and New Balance

According to a report by Fact.MR, the global ice hockey equipment market is expected to register a low CAGR during 2017 to 2022. Global sales of ice hockey equipment are expected reach roughly US$ 1,400 Mn in revenues by 2022-end.

Even though the market growth witnesses a slow pace, a rise in its expansion is estimated on the back of rules changed by the NHL. The NHL has made changes to length of the goalie’s leg pads for reducing their size, which in turn will prevent blocking of five hole between their legs. In the near future, it will be necessary for the ice hockey goalies to wear catch gloves, blockers, and chest guards, which will better suit their body sizes. The changes made by NHL in game rules will necessitate purchasing of new gears by goalies, and eliminate the use of the standard oversize equipment. This will result into the loss of current stock in the market.

Over the recent past, a number of vendors have been concentrating on innovations in helmets, so as to provide players with protection from concussions. Major vendors including Adidas, and Performance Sports Group, have begun launching new versions of helmets, making the older versions obsolete. These new versions of helmets are made from flexible materials with fluid-filled bladders to prevent ice hockey players from head injuries. Adoption of these helmets will witness a rise in the near future, owing to their enhanced abilities. New opportunities are being explored by vendors in developing countries of Europe, and Asia, and these vendors are adopting multiple strategies for increasing their presence in the market. These factors will bring a promising change in the growth of the market.

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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
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Dublin 2, Ireland
Tel: +353-1-4434-232
Tel: +353-1-6111-593
Email: sales@factmr.com
Blog: https://www.factmr.com/

Snowmobile Market Share, Growth, Size, Trends, Opportunities & Top players

 Dramatically impacted by the recent global recession, the global snowmobile market has been on a gradual path towards recovery. Snowmobiling is a recreational activity that is more popular in developed countries as the cost of a snowmobile can be in the thousands of dollars, limiting the growth potential of the global snowmobile market. However, snowmobiling has now morphed from a sport into a hobby that is passionately pursued by all family members. However, the main challenge for companies in the snowmobile market is to reduce the cost of their products, increasing their accessibility and affordability in emerging economies.

According to Fact.MR, the global snowmobiles market is on track to grow to more than US$ 1.6 billion by the end of the forecast period, but will witness a sluggish CAGR from 2017 to 2022.

Specialty stores account for more than a third of the revenue share in the global snowmobile market by sales channel and are poised to grow during the forecast period. The specialty store segment is anticipated to be worth just under US$ 580 million by end 2022. These stores are followed by the online segment with a revenue share approaching a quarter of the global snowmobile market in 2017. Companies actively involved in the global snowmobile market could seek to target North America as the online channel is predicted to be particularly popular on this continent

The 800 CC and above segment represents the most powerful snowmobiles currently available in the global snowmobile market. Europe is projected to grow with a CAGR of 3.5% in the 800 CC segment mainly because this continent has affluent customers who are less price sensitive and willing to pay a premium for quality and performance. This segment is dwarfed by the <500 CC segment, which dominates the global snowmobile market by capacity type. Companies may want to focus their attention on both North America and Europe as both are on track cross a value of US$140 million by end 2022, making them too big to ignore in the global snowmobile market

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The 5 and 6 Seater segments of the global snowmobile market are comparative niches as most customers prefer snowmobiles with 1, 2 or 3 seats. The 5 seater segment has a revenue share of approx. 12% and North America contributes a third of this. A similar situation exists in the 6 seater segment of the global snowmobile market as well

1 and 2 seater snowmobiles are the most popular in the global snowmobile market and it is not surprising to see why. The 2 seater segment of the global snowmobile market is predicted to almost touch US$ 100 million in North America alone by 2022 with Europe following closely behind. The 1 seater segment is estimated to grow more in Latin America and APEJ but neither is likely to outpace North America anytime soon in the global snowmobile market

Entry level snowmobiles represent a quarter of the revenue share by product type segment in the global snowmobile market. Entry level snowmobiles could be marketed to customers in Latin America as customers in this region are more cost-conscious than their North American or European counterparts

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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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Hiking Footwear Market Worldwide Industry Growth, Future Opportunities and Top Manufacturers

The United Nations World Tourism Organization (UNWTO), coupled with various government organizations, is concentrating on endorsing tourism events, with an aim to inculcate adoption of healthy lifestyle by population across the globe. Demand for technologically advanced and eco-friendly hiking equipment has been witnessing a significant rise worldwide. Leading manufacturers of hiking footwear are thriving in the market by competing based on factors such as design innovations, quality of raw materials, adaptability, price, durability, weather resistance, and weight of the footwear. These manufacturers are also focusing on developing new innovative products, and adopting the online retail as their products’ distribution channel for gaining a competitive edge in the global hiking footwear market. These factors might impact the market growth on a large scale.

A large number of people around the world, with increasing health concerns, are focusing on taking vacation packages that include adventure sports such as camping, rafting, rock climbing, scuba diving, and hiking, along with various outdoor physical activities. The lifestyle of urban population worldwide has been witnessing continuous alternations, with increasing participation in adventure tourism as well as leisure vacations. This has further led to a tremendous surge in the requirement for equipment of adventure trips, such as hiking footwear. These factors are further expected to fuel demand for hiking footwear over the forecast period.

Key Takeaways from Fact.MR’s Report on Global Hiking Footwear Market

On the basis of design style, low-cut hiking footwear is expected to remain preferred among hikers across the globe, with sales projected to surpass revenues worth US$ 30,000 Mn by 2022-end.

Mid-cut hiking footwear sales are anticipated to hold a comparatively lower revenue share of the market than that of low-cut hiking footwear. In addition, sales of mid-cut hiking footwear will exhibit the fastest expansion in the market through 2022.

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Sales of approach shoes, and hiking shoes will register a parallel increase, exhibiting a CAGR of 26% through 2022, on the basis of product type. Hiking shoes are poised to remain the most attractive product, with revenues expected to account for more than one-third share of the market throughout the forecast period.

Hiking footwear sales in third party online sales channel are expected to exhibit the highest CAGR through 2022, as compared to all the other sales channel segments included in the report.

Direct to customer institutional channel will continue to be the largest sales channel in the global hiking footwear market, followed by the franchised sports outlet.

Asia-Pacific excluding Japan (APEJ) is expected to be the fastest expanding market for hiking footwear during 2017 to 2022.

Europe is expected to remain dominant in the global hiking footwear market, followed by North America, in terms of revenues. Increasing interest of people in outdoor recreational activities will fuel growth of the market in these regions.

Key market players identified in the report include Deckers Outdoor Corporation, Mizuno Corporation, New Balance, Inc., Amer Sports Corporation, PUMA SE, Wolverine World Wide, Inc., NIKE, Inc., Skechers USA, Adidas AG, VF Corporation, and Under Armour, Inc

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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
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Tel: +353-1-4434-232
Tel: +353-1-6111-593
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