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    Ice Climbing Equipment Market Analysis | 2021-2026

    Ice Climbing Equipment Market Analysis | 2021-2026
    Report code - SR1362 Published On : Nov,2021 No. of Pages: 135
    Ice Climbing Equipment Market Size, Share, Trends, Forecast, Competitive Analysis, and Gro See more...

    Market Highlights

    The Ice Climbing Equipment Market is likely to rebound at a significant CAGR of 4% to reach a value of US$ 626.6 Million by 2026.

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    What is Ice Climbing Equipment?

    Ice climbing is a sport that is heavily reliant on equipment. In a harsh, unforgiving environment, technical, and athletic movements necessitate a delicate balance of precision and weather protection.

    Market Dynamics

    The growing popularity of tourism is undoubtedly a big driver in the market's expansion. The market's demand is being accelerated by rising disposable income in metropolitan regions. The rise in people's interest in adventurous activities is also attributed to the market's increased demand.

    The ice climbing market has evolved remarkably over the eons, largely due to a surge in interest in ice climbing as a recreational activity, as well as because of several initiatives on organizing ice climbing events. Since 1932, the International Climbing and Mountaineering Federation (UIAA) has hosted ice climbing tournaments and championships all around the world.

    COVID-19 Impact

    The global ice-climbing equipment market has been witnessing decent growth over the past decade; however, the sudden outbreak of COVID-19 has brought a considerable downswing in the market as various championships and festivities planned at various places had to be postponed or canceled, resulting in a big drop in the overall market sales. However, a sizable bounce-back is expected in the year 2021.

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    Segment Analysis

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

    The market is segmented into the following categories-

    By Product Type

    • Harness
    • Wearable Gear (Wearable Gear Type Analysis: Shoes, Helmet, Crampons)
    • Belay
    • Carabiners
    • Passive Protection
    • Ice Axe

    By Channel Type

    • Online
    • Offline

    By Region

    • North America (Country Analysis: the USA, and Canada)
    • Europe (Country Analysis: Switzerland, Russia, France, the UK, Austria, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, and Rest of Asia-Pacific)
    • Rest of the World (Country Analysis: Antarctica, and Others)

    Product Trends

    The ice climbing equipment market is classified as harness, wearable gear, carabiner, belay, passive protection, and ice axe. Despite taking a nosedive in 2020, the wearable gear segment is expected to maintain its dominance in the market during the predicted timeframe, as shoes, helmets, and crampons are very essential equipment in ice climbing. Shoes and helmets are the most saleable ice climbing equipment in particular, in the forthcoming time, as the utility of these equipment provides access or protection to the ice climbers.  

    Regional Analysis

    Europe is expected to remain the largest market for ice climbing equipment, followed by North America and Asia-Pacific during the forecast period. Switzerland, Russia, Austria, and France are the major markets for ice climbing equipment in Europe. Asia-Pacific, a relatively small market in front of Europe and North America, is anticipated to grow at the healthiest pace in the coming five years, driven by China and Japan.

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    Key Players

    The following are the key players in the ice climbing equipment market-

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

    What deliverables will you get in this report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth analysis of the Ice Climbing Equipment Market

    How lucrative is the future?

    Market forecast and trend data and emerging trends

    Which regions offer the best sales opportunities?

    Global, regional and country level historical data and forecasts

    Which are the most attractive market segments?

    Market segment analysis and forecast

    Which are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, Life cycle analysis

    What are the factors affecting the market?

    Drivers & challenges

    Will I get the information on my specific requirement?

    10% free customizatio

    Research Methodology

    This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s ice climbing equipment market realities and future market possibilities for the forecast period of 2021 to 2026. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

    Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to three players)
    • SWOT analysis of key players (up to three players)

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    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 to sales@stratviewresearch.com

    Frequently Asked Questions (FAQs)

    The ice climbing equipment market is estimated to grow at a CAGR of 4%, in the coming five years.

    Arcteryx (Amer Sports), Austrialpin GmbH, Black Diamond (Clarus Corporation), Camp USA, DMM International Ltd., Edelrid GmbH & Co. KG (VAUDE group), Kailas, Petzl, Salewa (Oberalp), and Trango are some of the key players in the market.

    Europe is estimated to remain dominant in the ice climbing equipment market in the forthcoming years.

    The ice climbing equipment market will reach US$ 626.6 Million by 2026.

    The growing popularity of tourism is undoubtedly a big driver in the market's expansion. The market's demand is being accelerated by rising disposable income in metropolitan regions. The rise in people's interest in adventurous activities is also attributed to the market's increased demand.