The global ski equipment and gear market size was valued at USD 15.9 billion in 2023 and is projected to reach USD 22.9 billion by 2030, growing at a CAGR of 5.4% from 2024 to 2030. This growth is primarily driven by the rising commercialization of ski sports. The increasing global participation in outdoor sports has fueled demand for ski equipment and gear, enhancing the overall skiing experience and attracting more sports enthusiasts.
In addition, the tourism industry has played a vital role in expanding snow-related infrastructure. The growing preference for snow activities has led to the development of ski resorts, slopes, and supporting facilities. Resorts now provide a comprehensive experience for visitors, featuring world-class slopes designed for beginners, intermediates, and experts. Moreover, advancements in snowmaking technologies, such as snow cannons and groomers, have transformed the skiing landscape and further supported market growth.
Another significant growth driver is the booming e-commerce sector, which has expanded accessibility for consumers. Online platforms enable manufacturers to connect directly with customers through brand websites or retailer partnerships. This model offers cost efficiency, competitive pricing, and the option for personalization and customization, enhancing the consumer experience.
Key Market Trends & Insights
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Market Performance
Prominent Companies & Market Dynamics
The global ski equipment and gear market is consolidated, with leading players focusing on innovation to meet evolving consumer demands. Companies such as Amer Sports Oyj, Black Diamond Equipment Ltd., and Icelantic LLC are developing advanced products by leveraging cutting-edge technologies. Additionally, the increasing participation of women in skiing is influencing market growth and product development strategies.
Key Companies
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Conclusion
The ski equipment and gear market is set to expand steadily, supported by rising commercialization of ski sports, growing tourism infrastructure, and technological advancements. With e-commerce and increasing female participation driving further adoption, the market is well-positioned for long-term growth.