Global Snowboard Equipment Market Insights on Trends, Drivers and Opportunities until the End of 2022

Dublin 2, Ireland, 2018-Jul-03 — /EPR Network/ — The global snowboards equipment market is expected to register an impressive CAGR attributed to significant demand in the sports industry. Consumption of snowboards equipment products is high in the sport manufacturers attributed to increasing number of aspiring athletes. Split boards are expected to witness considerable demand in the sports industry as compared to other snowboard equipment products. Sales of snowboard equipment products is expected to remain high through specialty stores and online stores. Consumption of snowboard equipment products in the economic range is expected to remain significantly high globally. North America is expected to represent the largest market for snowboard equipment globally.

Snowboard equipment is used for surfing down hills covered with in cold countries. These equipment are significantly used by the snowboard athletes to improve performance. Equipment such as special boots and bindings are used for securing the feet of snowboarders. Apart from athletes, people mainly participate in snowboarding sports as it helps improve cardiovascular health and squash winter blues.

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Factors Propelling Global Market Growth

Increasing participation in winter sports such as skiing and snowboarding is projected to boost demand for snowboard equipment globally. Moreover, surge in number of aspiring athletes is projected to fuel demand for snowboard equipment positively. Sport manufacturers are increasingly witnessing demand for technically enhanced sport equipment among snowboard athletes. Bound to such factors, the global market of snowboard equipment is projected to witness surge in growth during the projected period. A research recently conducted by the National Institute on Aging shows that workout and exercise is a significant factor expected to impact the cognitive health positively.

Moreover, manufacturers are increasingly integrating snowboard equipment with enhanced features such as heated snow boot liners and tracker watches. Surge in demand for technically enhanced snowboard equipment is projected to rev up growth of the global snowboard equipment market significantly during the projected period.

Speciality Store to Represent a Leading Segment

Split board is expected to represent the highest growth in terms of revenue in the global market. This segment is expected to represent a value of over US$ 10 Mn in the global snowboards equipment market by the end of 2022. Snowboard binding is expected to represent the second highest growth in terms of revenue in the global market through 2022. North America is expected to represent the largest market for snowboard equipment products globally. Men’s snowboard boots is expected to witness the highest CAGR growth in the global market, followed by split board and kid’s snowboard boots.

Speciality store is expected to represent the highest growth in terms of revenue in the global market. This segment is expected to represent a value of over US$ 20 Mn in the global snowboard equipment market by the end of 2017. Online sales channel is expected to represent the second highest growth in terms of revenue in 2017. Sales of snowboard equipment products is expected to remain high in North America. Speciality stores is expected to witness the highest CAGR growth in the global market, followed by direct sales.

Economic price range is expected to represent the highest growth in terms of revenue in the global market. This segment represent a value of over US$ 30 Mn in the global snowboard equipment market by the end of 2022. Premium range is expected to represent the second highest growth in terms of revenue in the global market through 2022. Mid-range price is expected to witness the highest CAGR growth in the global market, followed by premium price range throughout 2022.

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Snowboarding – A Healthy Workout

As the plummeting temperature leads to myriad of inactivity and boredom, snowboarding is a sport that has helped people squash their winter blues. Attributed to various health-related benefits, snowboarding has been considered equivalent to aerobic exercise. This popular winter sports offers strong cardio workout, which helps in burning calories. Much known for health-related benefits, snowboarding also continues to cognition and mental health of people positively. A recently conducted research by the National Institute on Aging reveals that exercise is one of the various factors that impact cognition positively apart from cardiovascular health, social engagement, and mental activity. Bound to such factors, snowboarding continues to witness a surge in demand in the cold countries.

Table of Contents:

1. Global Snowboard Equipment Market – Executive Summary

2. Global Snowboard Equipment Market Overview

3. Global Snowboard Equipment Market Analysis and Forecast By Product Type 

4. Global Snowboard Equipment Market Analysis and Forecast By Channel 
4.1. Global Snowboard Equipment Market Size and Forecast By Channel, 2012-2022
4.1.1. Direct Sales Snowboard Equipment Market Size and Forecast, 2012-2022
4.1.1.1. Revenue (US$ Mn) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. Franchised Stores Snowboard Equipment Market Size and Forecast, 2012-2022
4.1.2.1. Revenue (US$ Mn) Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region

5. Global Snowboard Equipment Market Analysis and Forecast By Price Range 
5.1. Global Snowboard Equipment Market Size and Forecast By Price Range, 2012-2022
5.1.1. Economy Snowboard Equipment Market Size and Forecast, 2012-2022
5.1.1.1. Revenue (US$ Mn) Comparison, By Region
5.1.1.2. Market Share Comparison, By Region
5.1.1.3. Y-o-Y growth Comparison, By Region

Continued…….

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