The worldwide ski poles market is expected to reach USD 126.4 million in 2022 and USD 182.6 million by 2032, increasing at a CAGR of 3.7% from 2022 to 2032.Skiing is a popular winter activity that is also recognized as a competitive sport by organizations such as the International Ski Federation (FIS) and the International Olympic Committee (IOC). Ski poles are a crucial piece of equipment in this sport, and the growing popularity of skiing as both a competitive sport and a recreational pastime is increasing demand for high-quality ski poles.
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The ski poles market is expanding as more people want to try different types of skiing, such as alpine skiing and freestyle skiing, producing a high demand for ski poles.
Manufacturers and distributors involved in the ski poles market are focused on the growing popularity of different forms of skiing. This allows market participants to create appropriate ski pole designs that may handle the changing demands of end-users engaging in various sorts of skiing activities. One of the most prominent trends in the ski poles market is the use of a variety of raw materials such as aluminum and carbon fiber to introduce unique features of ski poles.
Competitive Landscape:
In addition, prominent organizations use new product creation as a strategic way to increase their market presence among customers. Ski poles have grown in popularity as a result of these methods.
In a newly published analysis, Fact.MR gave thorough information on the pricing points of top players in the ski poles market positioned across geographies, sales growth, manufacturing capacity, and speculative technological advancement.
As an example:
In 2021, Black Diamond Equipment collaborated with NuORDER, a wholesale B2B e-commerce platform. With this collaboration, all Black Diamond wholesale activities will be handled through the digital buying platform Rossignol in 2020 sell Time Bikes to Whattfornow, a French Start-up. This acquisition will aid in the creation of a French recycling industrial company.
Key Players:
- Atomic Skis
- Lenhart GmbH
- Black Diamond Equipment
- Line Skies
- Burton
- Lib Tech
- Arbor
- Capita
- Rome SDS
- Rossignol
- Salomon
- Ride
- Nitro
- K2 Sport Nordica
- Volkl
- Blizzard
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Regional Analysis:
Skiing has grown in popularity as the number of people watching major sporting events such as the Olympics has increased. Broadcast firms are also concentrating on extending their portfolio by integrating snowboarding and skiing shows, which has resulted in increasing ski board and apparel sales among customers. Leading manufacturers are focusing their investment on producing a creative variety of ski equipment that responds to the needs of varied consumers, based on the expanding requirements and preferences of customers.
According to a recent poll, Germany will continue to have the biggest number of ski skiers this year, with roughly 14.6 million people partaking in the sport. Furthermore, the number of skiers is expected to stay high in several European nations.
Key Segments of Industry:
- By Product Type:
- 100 cm-110 cm
- 110 cm-120 cm
- 120 cm-130 cm
- Other Product Types
- By Application:
- Alpine Skiing
- Freestyle Skiing
- Cross-country Skiing
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