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Global Snow Sports Apparel Market is Expected to Reach US$ 1.3 Bn by 2025 End

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 Published Date : 20 Dec 19   |   Views: 23   |  Industry : Consumer Goods

Global Snow Sports Apparel Market is Expected to Reach US$ 1.3 Bn by 2025 End

“Global Snow Sports Apparel Market Report, History and Forecast 2014 - 2025” is the recently published report by QYR Consulting for the forecasted period of 6-years which offers in-depth analysis of the global snow sports apparel market. According to this report, this market was valued worth US$ 1.1 Bn in 2018 and is anticipated to obtain the value of US$ 1.3 Bn by 2025, exhibiting a sluggish CAGR of 1.9% throughout the projected period.

Segmental Analysis

Capturing Online Buyers is Likely to Pose as a Challenge to the Growth of the Distribution Segment

The Distribution Channel segment is segregated into Offline and Online. The rapid development of the E-commerce industry has led to the increased availability of online portals as a selling medium for brands. Many brands have their own apps and websites designed for customers. 

However, maintaining product quality and ensuring the product is reaching customers without being damaged is a challenge for the manufacturers. Increasing competition from companies to capture online buyers is also expected to obstruct the growth of the Snow Sports Apparel market.

The product segment is divided by Snowboard Apparel and Alpine Apparel.

Global Snow Sports Apparel Market is Expected to Reach US$ 1.3 Bn by 2025 End

North America

Global Snow Sports Apparel Market is Expected to Reach US$ 1.3 Bn by 2025 End

Regional Analysis


Competitive Pricing in North America is Anticipated to Restrain the Growth of the Regional Market

North America has extremely cold temperatures leading to an increasing need for protective clothing in such harsh conditions. The region has increasing popularity of winter sports and winter activities such as snowmobiling and snowshoeing along with open-air ring skating on frozen rivers. However, the presence of top brands has led to a high competition resulting in competitive pricing, which is likely to pose as a challenge to the growth of the Snow Sports Apparel market.

 

Key Players


Strengthening Distribution Networks: The Primary Focus of the Top Players

Some of the key players operating in the market are Amer Sports Corporation, Black Diamond Inc, Nike Inc, Fischer Sport GmbH, Olympia Sports, Head NV, Lucky Bums LCC, and Skis Rossignol SAS. Major companies are involved in strengthening the distribution networks to offer quality products.


Global Snow Sports Apparel Market is Expected to Reach US$ 1.3 Bn by 2025 End

Global CAGR During 2019-2025


1.9%

Market Dynamics


Increasing Cost of the Product to Hamper the Growth of the Snow Sports Apparel Market

The increasing popularity of recreational activities such as skiing, ice skating, trekking in snow-clad mountains has led to a demand for clothes designed for protection against severe cold. Adventure activities such as mountaineering and climbing require a fabric that is lightweight, resists abrasion and wrinkles and has force absorption capacity. Snow Sports apparel is designed with consideration for all these factors and is majorly used by athletes, adventure lovers, and recreational activity enthusiasts. However, expensive prices of Snow Sports Apparel is likely to impede the growth of the market.


For further information, check: https://www.qyrconsulting.com/reports/snow-sports-apparel-market


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