Global Snowboard Equipment
Market Report
2024
The Global Snowboard Equipment Market size was $310.8 billion in 2023. Snowboard equipment Industry's Compound Annual Growth Rate will be 4.20% from 2023 to 2030
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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As per Cognitive Market Research's latest published report, The Global Snowboard Equipment Market size was $310.8 billion in 2023. Snowboard equipment Industry's Compound Annual Growth Rate will be 4.20% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Snowboard Equipment Market Sales Revenue 2023 | $ 310.8 Billion |
Global Snowboard Equipment Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.2% |
North America Snowboard Equipment Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3% |
Europe Snowboard Equipment Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.2% |
Asia Pacific Snowboard Equipment Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.8% |
South America Snowboard Equipment Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.2% |
Middle East and Africa Snowboard Equipment Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.2% |
Market Split by Type |
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Market Split by End-Use |
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Market Split by Distribution Channel |
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Market Split by Price Range |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Snowboard Equipment Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
A major factor propelling the snowboard equipment industry is the expanding appeal of snowboarding as a leisure activity and competitive sport. More and more people are getting into snowboarding, so there is a greater need for high-quality gear. Additionally, the growing acceptance of snow sports, the rising awareness of the positive psychological and physiological effects of snow sports, the rise in disposable income, and the introduction of innovative new boarding equipment products all contribute to the escalating demand for snowboarding equipment. This is expected to fuel the snowboard equipment market growth over the next few years.
For instance, in October 2022, Arc'teryx is committing $5 million over the next five years to community leaders and organizations working to expand climbing's reach to underrepresented populations and provide resources to the sport's elite.
The growing popularity of snowboarding as a fun activity and competitive sport is a primary force powering the snowboard equipment sector. The growing number of snowboarders calls for improved accessibility to top-tier equipment, which will affect the development of the snowboard equipment market throughout the forecast period.
For instance, in June 2023, The WNDR Alpine Intention 108 proved that improved sustainability in ski manufacturing does not have to come at the expense of performance. The jury agreed, and they received an ISPO Award.
The snowboard industry is propelled by technological developments in the form of new materials, new designs, and enhanced production methods. Sales of snowboarding gear are on the rise due to technological advancements, including better bindings, lighter materials, and newer, more creative board forms, and growing consumer demand for environmentally responsible products, which will see increased demand in the coming years.
For instance, in May 2023, the renowned snowboard manufacturer Atomic is well on its way to achieving its goal of full circularity and halving its carbon footprint by 2030, thanks largely to extensive lifetime evaluations that will inspire more sustainable redesigns of all its products.
The high cost of equipment, mountain tickets, and fuel can make snowboarding seem out of reach for the average person. There is also a significant initial expenditure for quality snowboard equipment and a need for knowledge or education regarding snowboarding as a sport. People must know the market or its capabilities to buy the necessary equipment, limiting market growth.
Due to lockdowns, lockdowns and social distancing strategies have resulted in the closure or reduced capacity of mountain resorts and snowboarding facilities. Restrictions on travel and fears of the virus's spread impacted winter tourism and hampered the demand for new snowboarding equipment in the most popular snowboarding areas.
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The top companies in the snowboarding industry are looking for only a few applications for their material. Instead, they focus on growing their product lines and raising income. Industry participants aim to increase their output capacities for snowboarding gear to suit the demands of several end-use industries. Successful companies are those that consistently introduce new products.
July 2020, WNDR Alpine, a new outdoor brand from Checkerspot, a pioneer in breakthrough materials, has just announced the release of its first two snowboards. Boards with AlgalTech components included the BelleAire solid and the BelleTour split.
Source-wndr-alpine.com/pages/press
July 2023, Burton, a Vermont-based snowboarding equipment manufacturer, introduced a new online rental scheme that allows riders to rent whole snowboarding kits and have them shipped to their preferred location. Arrive, a tech business providing rental and resale channels supports the new initiative.
Source-www.burton.com/us/en/home
Top Companies Market Share in Snowboard Equipment Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
Global Snowboard Equipment Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Snowboard Equipment Industry growth. Snowboard Equipment market has been segmented with the help of its Type, End-Use Distribution Channel, and others. Snowboard Equipment market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, split boards held the major market share over the forecast period because the split board market has experienced continuous progress in technology, with advancements in split board layout, attachments, and climbing skins, creating a subculture based on a shared passion for adventure and the outdoors, which fuels market growth.
All-mountain boards are the fastest-growing category over the forecast period because the versatility of an all-mountain board makes it a good investment for riders of varying experience levels who need a single board to tackle a variety of terrains and weather.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Snowboard Equipment Industry. Request a Free Sample PDF!
According to Cognitive Market Research, men's companies hold a prominent market share because men's snowboarding equipment frequently reflects style choices and current fashion trends. Manufacturers can offer a range of aesthetically pleasing patterns, hues, and graphics to satisfy the varied preferences of male riders.
Children are the fastest-growing category over the forecast period because Children's snowboarding equipment frequently has an easy-to-use design with straightforward adjustments and processes. This encourages youngsters to feel more independent by making it easier to turn on and remove their equipment, giving children a wide range of options.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Snowboard Equipment market report 2024 Edition by contacting our team.
According to Cognitive Market Research, direct sales holds a prominent market share because businesses can retain more of the cost at retail as profit if they sell directly to consumers. Direct sales also allow companies more say over the customer's experience with the brand, and direct engagement with customers strengthens loyalty to the brand, which also helps boost the product's popularity.
The speciality stores are the fastest-growing category over the forecast period. These stores strongly connect to the local snowboarding community and carefully curate their product selection to meet snowboarders' needs and tastes. Because of their familiarity with the area's climate and topography, they can provide riders with sound advice, contributing to the market's growth.
According to Cognitive Market Research, the economy holds a prominent market share as the economy range category because the economy range can draw in new customers, claiming they couldn't have been willing to invest in more expensive equipment initially. It also gives entry-level riders a taste of the technology and features of more advanced equipment.
Medium-range is the fastest-growing category over the forecast period, as the performance and affordability are frequently balanced in medium-range equipment. It spares users from the exorbitant cost of high-end equipment by giving them access to features and technology that improve snowboarding experiences, contributing to the market's overall growth.
According to Cognitive Market Research, Asia Pacific dominated the market in 2023 because of increased consumer expenditure on outdoor activities and the expanding popularity of sports that boost heart rate and blood pressure. The snowboard equipment market in North America is expected to rise steadily in the coming years. In addition, during the next decade, snowboard equipment in the United States is predicted to grow due to the presence of important suppliers and the growing interest in snow sports among people of all ages.
Middle East and Africa is the fastest-growing category in the region because of increasing disposable income; manufacturers exhibit the newest products, technologies, and trends at snowboarding conferences, trade exhibitions, and exhibitions held in the Middle East and Africa. These occasions support the expansion and increased awareness of the snowboarding equipment industry. The market for snowboard equipment in the Middle East and Africa is expected to expand.
The current report Scope analyzes Snowboard Equipment Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
According to Cognitive Market Research, North America held a considerable market share in 2023, accounting for more than 30% of global revenue, and will expand with a CAGR of 3.00% from 2023 to 2030. There is a growing interest in snow sports and a greater availability of snowboarding equipment through retail and distribution networks, driving the market growth in the region. According to Cognitive Market Research, the men’s sector is a significant driver because Men's snowboarding gear frequently reflects prevailing style preferences and fashions. To accommodate the wide range of tastes of male riders, manufacturers may provide a selection of aesthetically pleasing designs, color variations, and graphics. In conclusion, the North American Snowboard Equipment market thrives due to a quick uptake of new technologies and ideas. As a result, the snowboard equipment industry has responded by developing energy-saving snowboard equipment materials, continuously growing in the coming years.
According to Cognitive Market Research, the European held a considerable market share in 2023, accounting for more than 36% of global revenue, and will expand with a CAGR of 3.2% from 2023 to 2030 due to rising emphasis on environmental sustainability within the snow sports business. Snowboarding is popular with youth demographics in Europe. These developments are combined with ongoing technology breakthroughs.is expected to drive growth in the European snowboard equipment industry. According to Cognitive Market Research, speciality stores are a significant product form segment because the product offerings of snowboarding speciality stores are tailored to the specific preferences and demands of local snowboarders because of these stores' deep ties to the sport's subculture. They know the area's weather and terrain well to provide riders with good advice. In conclusion, the European snowboard equipment market, which covers emerging nations like Germany, France, Italy, Spain, Russia, and the rest of Europe, is anticipated to expand rapidly during the projected period.
According to Cognitive Market Research, Asia Pacific held a considerable market share in 2023, accounting for more than 25% of global revenue, and will expand with a CAGR of 5.8% from 2023 to 2030. Demand for snowboard equipment in the Asia-Pacific region is anticipated to be major by the technological developments and an increase in discretionary expenditure on leisure activities due to the middle class's population development in snowboarding equipment in this region. According to Cognitive Market Research, it is predicted that the split board category will have the most rapid expansion in the Asia-Pacific area in the next years because business has experienced continuous technological progress, contributing to the community's culture based on a passion for exploration and the wilderness. In conclusion, more opportunities to snowboard have been made possible by the growth of winter sports infrastructure and snow resorts in nations like South Korea and Japan. This has contributed to the industry's growth over the forecast period.
According to Cognitive Market Research, Latin America held a considerable market share in 2023, accounting for more than 5.00% of global revenue, and will expand with a CAGR of 4.2% from 2023 to 2030 because of the increase in the younger generation's growing discretionary spending, and a growing appreciation for snowboarding. According to Cognitive Market Research, the Latin American market is expected to increase in the following years. Customers who initially couldn't afford to invest in more expensive equipment may be drawn in by the economy range. It also offers a taste of features and technology seen in more sophisticated equipment to riders at the beginner level, improving overall economy range category growth and contributing to the market growth in this region. In conclusion, the Latin American Snowboard Equipment market exhibits steady growth because the companies that put money into R&D stand a better chance of staying ahead of the competition as manufacturing techniques and technologies improve healthy expansion over the coming years
Research Analyst at Cognitive Market Research
I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.
I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.
I am committed to continuous learning and staying abreast of emerging trends in research methodologies. Regular participation in workshops, webinars, and industry conferences ensures that my skills remain sharp and relevant. I spearheaded research initiatives focused on market trends, customer behavior, and competitive landscapes. I have a demonstrated ability to transform complex data sets into clear and concise narratives that inform key business strategies. Collaborating with cross-functional teams, I played a pivotal role in shaping successful projects that hinged on robust research and analysis.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Snowboard Equipment Market is witnessing significant growth in the near future.
In 2023, the Snowboard Bindings segment accounted for noticeable share of global Snowboard Equipment Market and is projected to experience significant growth in the near future.
The Men segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies EMSCO GROUP , Gilson Snow Inc and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Table of Content differs accordign to the user License selction. Current Displayed TOC is for the Corporate User License Report Edition. TOC Customization options: Add or Remove section's Or chapter's from the report. Specific section's of report can be ordered at a discounted price. If applicable; On Request Volume Data will also be provided (at an Additional Cost).
Type | Snowboard Bindings, All-Mountain Boards, Freeride Boards, Freestyle Boards, Men’s Snowboard Boots, Women's Snowboard Boots, Kids' Snowboard Boots, Split Boards |
End-Use | Men, Women, Kids |
Distribution Channel | Direct Sales, Franchised Stores, Specialty Stores, Online |
Price Range | Economy, Mid-Range, Premium, Super- Premium |
List of Competitors | EMSCO GROUP, Amer Sports Inc, Gilson Snow Inc, Rossignol Group, Zion Snowboards, Newell Brands Inc, Head Sport GmbH, Skis Rossignol S.A. (Rossignol), GNU Snowboards (Mervin Manufacturing), Others |
This chapter will help you gain GLOBAL Market Analysis of Snowboard Equipment. Further deep in this chapter, you will be able to review Global Snowboard Equipment Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
Chapter 2 North America Market Analysis
Executive Summary North America Market (2019 vs 2024 vs 2031)
Purchase Add-Ons to Customize the Report Edition and get further granular data level data about the North America market. Add-On Cost: Request before placing the order, Respective Pricing will be informed after sending the inquiry
Qualitative Analysis for the North America Market: North America Snowboard Equipment Market Trends North America Snowboard Equipment Technological Road Map North America Snowboard Equipment Market Drivers North America Snowboard Equipment Market Restraints North America Snowboard Equipment Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia-Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by End-Use Analysis 2019 -2031
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Chapter 12 Market Split by Distribution Channel Analysis 2019 -2031
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Chapter 13 Market Split by Price Range Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Snowboard Equipment market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Snowboard Bindings have a significant impact on Snowboard Equipment market? |
What are the key factors affecting the Snowboard Bindings and All-Mountain Boards of Snowboard Equipment Market? |
What is the CAGR/Growth Rate of Men during the forecast period? |
By type, which segment accounted for largest share of the global Snowboard Equipment Market? |
Which region is expected to dominate the global Snowboard Equipment Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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