The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Cross Country Ski Equipment market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Cross Country Ski Equipment
The report offers actionable and valuable market insights of Cross Country Ski Equipment. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Cross Country Ski Equipment Market across various industries and regions.
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This newly published and insightful report sheds light on Market Insights of Cross Country Ski Equipment, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Cross Country Ski Equipment Market.
The global cross country skiing equipment market is projected to be valued at over US$ 1 Bn in 2021, expanding at a CAGR of close to 6% over the next ten years. Sales of cross country skiing equipment through specialty stores will be the maximum as compared to other sales channels. Beside regular skiing equipment, demand for race and performance classic skis is also rising, as well as demand for demand of metal-edge touring skis.
Europe holds a major chunk of the global cross country skiing equipment market share due to its geographical advantage and rising government investments in the tourism sector, followed by North America. Rising standards of middle-class households around the world as well as people’s preference for visiting adventurous locations for recreational activities and complementing market expansion. Soaring investments are being seen in research & development to acquaint consumers with advanced skiing equipment to prevent falls and facilitate easy gliding on soft snow.
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Key Market Segments Covered
- By Product
- Touring Skis
- Race and Performance Classic Skis
- Metal-edge Touring Skis
- Touring Boots
- Race and Performance Classic Boots
- Metal-edge Touring Boots
- New Nordic Norms (NNN) Bindings
- Salomon Nordic system (SNS) Bindings
- Poles
- By Price Range
- Economy Cross Country Skiing Equipment
- Mid-range Cross Country Skiing Equipment
- Premium Cross Country Skiing Equipment
- Super Premium Cross Country Skiing Equipment
- By End-User
- Cross Country Skiing Equipment for Individuals
- Institutional Cross Country Skiing Equipment
- Professional Cross Country Skiing Equipment
- Cross Country Skiing Equipment for Beginners
- Cross Country Skiing Equipment for Intermediates
- Advanced Cross Country Skiing Equipment
- By Sales Channel
- Direct Sales of Cross Country Skiing Equipment
- Cross Country Skiing Equipment Sold at Franchised Stores
- Cross Country Skiing Equipment Sold at Specialty Stores
- Online Sales of Cross Country Skiing Equipment
- By Region
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
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Key Takeaways from Market Study
- Race and performance classic skis account for the largest market share of 15.5%, and are expected to hold a market value of US$ 225 Mn by the end of 2031.
- By end use, institutional level holds the highest value and is expected to reach US$ 794 Mn by the end of 2031.
- Under the sales channel, specialty stores hold the 35.3% of the market share, and will offer an absolute dollar opportunity of US$ 282 Mn over the next ten years.
- The market in Europe to lose 753.5 BPS over the forecast years, but grow 1.5X over 2021 to 2031.
- The Alps, under country segment in Europe, to hold the highest market share of 37.9% in 2021, and is anticipated to expand at a CAGR of close to 6% over the forecast years.
According to a Fact.MR analyst, “ Increasing government protocols relevant to tourists and cross country skiing to fuel market growth over the coming years.”
List of Figures
Figure No 1. Global Cross Country Skiing Equipment Market Value Share Analysis by Product Type, 2021-2031
Figure No 2. Global Cross Country Skiing Equipment Market Y-o-Y Growth Projections by Product Type , 2021-2031
Figure No 3. Global Cross Country Skiing Equipment Market Attractiveness Analysis by Product Type , 2021-2031
Figure No 4. Global Cross Country Skiing Equipment Market by Touring Skis (US$ Mn), and Forecast, 2015-2030
Figure No 5. Global Cross Country Skiing Equipment Market by Touring Skis Incremental $ Opportunity, 2021-2031
List of Tables
Table No. 1. Global Cross Country Skiing Equipment Market Value (US$ Mn) Analysis, Region – 2016-2020
Table No. 2. Global Cross Country Skiing Equipment Market Value (US$ Mn) Analysis, Region – 2021-2031
Table No. 3. Global Cross Country Skiing Equipment Market Value (US$ Mn) Analysis, By Price Range – 2016-2020
Table No. 4. Global Cross Country Skiing Equipment Market Value (US$ Mn) Analysis, By Price Range – 2021-2031
Table No. 5. Global Cross Country Skiing Equipment Market Value (US$ Mn) Analysis, By Product Type – 2016-2020
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Key Question answered in the survey of Cross Country Ski Equipment market report:
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More Valuable Insights on Cross Country Ski Equipment Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Cross Country Ski Equipment, Sales and Demand of Cross Country Ski Equipment, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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