Snowboard Equipment Market Estimates Showing Surprising Stability in key Business Segments

The global snowboard equipment market is expected to register a healthy CAGR, and will represent a value of over US$ 300 Mn by the end of 2022.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.

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.

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Significant Demand in the Sports Industry

Growing number of aspiring snowboarding athletes has led to an upsurge in demand for snowboard equipment globally. In pace with changing weather conditions, there is a surge in demand for sport equipment that are equipped with enhanced technology. Sports manufacturers are integrating advanced technology in equipment including tracker watches, heated boot liners, and other gadgets that offer convenience and safety to sportsmen.

However, several factors are impacting demand for snowboards negatively. Insufficient snow due global climatic change has led to significant drop in snowboarding participation. According to NGA, an average of 6.8 million skiers, and 5 million snowboarders participated in the sports between the year 2010 and 2013.

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