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    Ski Clothing Market Report

    Ski Clothing Market Report
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    Global Ski Clothing Market, Dynamics, Market Analysis
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    Impact of COVID-19 on Ski Clothing Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Ski Clothing Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and statergy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    The Global Ski Clothing Market is expected to grow from USD 1.2 billion in 2020 to USD 1.4 billion by 2026 at a CAGR of over 3.1% during the forecast period.

    Figure: Global Ski Clothing Market Size, 2020-2026 (USD Billion)

    Ski-Clothing-Market-Forecast

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    What is Ski clothing?

    Ski clothing is designed for people to wear when going out skiing or snowboarding. Ski clothing can be either worn as one-piece or two-piece which includes a jacket and trousers/pants. Ski jackets are worn to keep the person warm when participating in winter sports. Ski clothes are made using waterproof fabric and non-removable lines that are made of silk, cotton, or nylon.

    Key Players

    Key players operating in the global Ski clothing Market are-

    • Lafuma (France),
    • Decathlon S.A. (France),
    • Halti (Finland),
    • Columbia Sportswear Company (The U.S),
    • Adidas AG (Germany),
    • Nike, Inc. (The U.S),
    • Amer Sports Oyj (Finland),
    • Schoeffel (Germany),
    • SPYDER ACTIVE SPORTS (The U.S),
    • Volcom (The U.S),
    • Descente Ltd. (Japan), and
    • Phenix (Japan).

    Market Dynamics

    The growth of the global ski clothing market is primarily driven by increased consumer interest in outdoor sports coupled with rising per capita disposable income.

    • The office work stress and busy lifestyle have resulted in increased spending on recreational activities for relaxation.
    • This is anticipated to bolster the market growth significantly.
    • The growing tourism industry particularly in developing countries is likely to create lucrative opportunities for the market players during the review period.

    Segment Analysis

    Application Trends

    Based on application, the market has been segmented into amateurs, professional athletes, and others.

    • The professional athletes segment accounted for the largest market share in 2020.
    • The amateurs’ segment is expected to register highest CAGR during the review period on account of increasing number of people opting for ski sports as a recreation coupled with increasing purchasing power.

    Regional Trends

    Geographically, the market in Europe accounted for the largest market share of around 29% in 2020 due to the presence of key market players such as Lafuma (France) and Decathlon S.A. (France). The market in the Asia-Pacific region is expected to increase at a significant rate on account of increased spending on recreational sports activities, particularly by the young generation. Additionally, increased spending on the development of infrastructure for ski sports by the governments in developing countries particularly India and China are likely to propel the market growth significantly.

    COVID-19 Impact on Global Ski Clothing Market

    The outbreak of covid-19 across regions has resulted in the lockdown of cities, border restrictions, and the breakdown of the transportation network. This resulted in the closure of amusement and recreational parks which affected the product demand. Increasing social distancing norms due to fear of the spread of the virus also affected the growth of the ski clothing market. However, with the lift of lockdown, the market growth gained momentum and is expected to grow at a healthy rate during the review period.

    Critical Questions Answered in the Report

    • What are the key trends in the global ski clothing market?
    • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
    • What is the impact of COVID-19 on the global ski clothing market?
    • What are the key strategies adopted by the major vendors to lead in the global ski clothing market?
    • What is the market share of the top vendors?

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    Target Audience

    The following is a list of the customers that the global ski clothing market aims to convert the most:

    • Ski clothing manufacturers
    • Ski clothing suppliers
    • Ski clothing distributors
    • Organizations
    • Government bodies

    Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].

    Frequently Asked Questions (FAQs)

    The ski clothing market is expected to witness an impressive growth of 3.1% CAGR in the foreseeable future.

    Lafuma (France), Decathlon S.A. (France), Halti (Finland), Columbia Sportswear Company (The U.S), Adidas AG (Germany), Nike, Inc. (The U.S), Amer Sports Oyj (Finland), Schoeffel (Germany), SPYDER ACTIVE SPORTS (The U.S), Volcom (The U.S), Descente Ltd. (Japan) and Phenix (Japan) are among the key players in the ski clothing market.

    The ski clothing market size is expected to reach USD 1.4 billion in the coming years.

    Europe accounted for the largest share of the ski clothing market in 2020.

    The amateurs segment is expected to register highest CAGR in the ski clothing market in the coming years.

    Increased consumer interest in outdoor sports coupled with rising per capita disposable income, the growing tourism industry particularly in developing countries are the factors driving the growth of ski clothing market.

    Ski clothing manufacturers, Ski clothing suppliers, Ski clothing distributors, Organizations, Government bodies are the target audience in the ski clothing market.

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