Skating Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025
- Transparency Market Research
- Sports Equipment
Skating is a recreational activity or a competitive sport which involves moving on smooth or hard surfaces or on ice by means of skates. Skating is the act of rolling with ease. The main purpose of skating is to have fun. There are various types of skating such as ice skating, hard surface skating, and snow skating. Hard surface skating involves inline skating, artistic skating, road skating, and skateboarding, while snow skating is usually a hybrid combination of snowboard on snow and skateboard. Freestyle rolling is an artistic and a physical activity for individuals in an outdoor environment. Skating can be done on streets, parks, skate parks, and on ice.
The skating equipment market is segmented on the basis of product type, channel, end-user, and region. On the basis of product type, the skating equipment market is classified into roller derby, artistic skates, outdoor skates, hockey skates, figure skates, bandy skates, touring skates, racing skates, recreational skates, double runner, clothing, blades, and others. Ice skating equipment has a significant share in North America and Europe. Based on channel, the segmentation of the skating equipment market comprises sports stores, specialty stores, franchised stores, and online. On the basis of end-user, the market is segmented into men, women, and kids. The skating equipment market is divided into five regions namely North America, Europe, Asia Pacific, Middle East & Africa, and South America.
The demand for skating equipment is expected to rise due to rising attractiveness of skating in developing countries, trend of waterless figure skating rinks, and health and fitness related advantages of skating. Most of the developing countries in Asia Pacific have been rapidly promoting the sport at an international level. For instance, ‘The Ice Skating Association of India,’ and ‘Roller Skating Federation of India’ are some of the governing bodies for skating in India. Development of infrastructure for skating is driving individuals to indulge in the sport, which would in turn help the skating equipment market to expand in the coming years. Waterless figure skating rink is also known as synthetic ice rinks. This uses a polymer material (solid form) for skating and a normal metal-bladed ice skate. Skating is not popular amongst people as an outdoor activity or sport. However, the sport has been gaining prominence and is being followed as a fitness activity. Skating as a fitness activity provides several health benefits to the end-users. Skating can be used as a tool for cardiovascular workout, endurance and strength training to form strong muscles in the pelvic area and legs. Furthermore, coordination and balance can be improved if a person practices skating regularly. All the above mentioned factors are expected to contribute to the growth of the skating equipment market. Differences in cultures and traditions in various regions such as North America, Asia Pacific, and Middle East & Africa could hinder the growth of the skating equipment market. Furthermore, factors such as high costs involved in development of skating infrastructure, critical weather conditions, and risk of injuries linked with skating might hinder the growth of the skating equipment market.
The skating equipment market is expected to show sustainable growth in the coming years. Some of the key players in the skating equipment market include K2 Sports Europe GmbH, EDEA Skates, Cougar, Paramount Skates, Riedell Shoes Inc., Dongguan King Line Sports Equipment, Powerslide, Roces Srl, Roller Derby Skate Corp, Risport Skates, Rossignol Lange Srl, Tecnica Group SPA, Sher-Wood Hockey Inc., Jackson Ultima, Tournament Sports Marketing Inc., Graf Skate, SP-Teri, and Rollerblade. The companies launch exciting offers and add new products and adopt new marketing strategies to remain competitive and maintain their customer base.
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- Market segments and sub-segments
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The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
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A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
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- A complete backdrop analysis, which includes an assessment of the parent market
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- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
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