Snowboard Equipment Market

Snowboard Equipment Market Size Survey Report – In a Glance

As per the survey report on global Snowboard Equipment market, the market is projected to foresee a CAGR of 3.9% between 2024-2033, and further generate a market size of USD 456 million by the end of 2033. In the year 2024, the market size was valued at USD 325.7 million.

• The global Snowboard Equipment market is projected to grow on account of the increasing number of winter sports events.
• In Japan, the Snowboard Equipment market growth can be attributed to the increased number of Ski resorts.
• KDMI analyst’s growth analysis high prices of the equipment to challenge the market growth.
• North America, having the highest market share in the Snowboard Equipment market is projected to dominate the global market.

Snowboard Equipment Market Analysis

Analyst’s Observation on Snowboard Equipment Market Survey

A specially shaped board, similar to a skateboard without wheels, on which a person can stand to slide across snow is called a snowboard. The sport grew from a combination of skateboarding, skiing, and surfing, it takes place at special landscapes and ski resorts during winter months. Choosing the right snowboard equipment is essential for both performance and safety. Boots, bindings, boards, goggles, helmets, jackets, and gloves are commonly used during snowboarding. The Snowboard Equipment market is experiencing a surge in demand due to the increasing number of winter sports events. Snowboarding is now one of the fastest growing winter sports in the world, millions of snowboarders visits to US ski resorts and shows higher participation in this sport than other winter sports. Emsco (U.S.), Amer Sports (Finland) and Gison Boards (U.S.) are some of the significant parties in the global market for Snowboard Equipment.

Analyst’s Observation on Japan Snowboard Equipment Market Survey

In Japan, the market growth for Snowboard Equipment can be attributed to the increased number of Ski resorts. Japan is currently experiencing an inbound tourism boom, it is now globally known as a ski destination due to the world-class snowfall that Japan periodically receives. Now Japan has increased the number of ski resorts, which is a great way for Japan’s evolution into a sustainable winter resort destination. There are over 500 ski resorts in Japan. That’s more than any other country in the world. ACC SNOWBOARD, ANTHEM, and ARBN are some of the significant parties in the market for Snowboard Equipment in Japan.

Snowboard Equipment Market Growth Drivers and Challenges

Market Growth Drivers

Overcrowding of Snow Resorts :

Overcrowding refers to a situation in which popular tourist destinations, such as ski resorts, experience an excessive number of visitors beyond the limit. During the winter season, ski resorts have record-breaking total skier visits, which makes them overcrowded and requires more snowboard types of equipment to enjoy snowboarding. The larger and more commercial ski areas are crazy busy, especially every winter weekend and on Christmas holidays with increased visitors which demands more types of equipment such as boots, bindings, boards, goggles, helmets, and gloves in huge numbers. Overcrowding at ski resorts represents an essential factor in driving the snowboard equipment market. New York has the largest number of operating ski areas and is typically fifth in terms of total snow sports visits, in the 2022-23 winter season 3.6 million skiers/snowboarders visited the place which is more than average.

Growing participation in snowboarding as a winter fun activity:

The snowboard equipment market has witnessed exponential growth, driven by growing participation in snowboarding as a winter fun activity. Snowboarding has grown into a typical sport, attracting a diverse demographic. Developed interest in winter sports such as snowboarding among the younger population has increased. This popularity flow is somewhat due to high-profile international events such as the Winter Olympics. U.S. Ski & Snowboard is the Olympic national governing body for ski and snowboard sports in the USA, providing leadership and technique for 10000 young skiers and snowboarders every year, inspiring and supporting them in achieving excellence. Due to the increasing number of snowboarders the snowboard equipment market will grow more in the coming years.

Restraint Factors

The high prices of the equipment:  High-quality materials are frequently used to make snowboard equipment. Manufacturers use metals, leather, and some synthetic materials to improve durability and performance, which drives up prices. Price sensitivity remains a major obstacle, affecting overall snowboard equipment market penetration.

Environmental Concerns:

The latest trend is being driven by consumer demand for more sustainable and eco-friendly equipment. Snowboard manufacturers, traditionally reliant on synthetic materials, face the burden of familiarizing themselves with sustainable and eco-friendly materials, which could experience greater production costs and impact profit margins.

Snowboard Equipment Market Segmentation

Our experts at KD Market Insights have segmented the global Snowboard Equipment market research report as:

Snowboard Equipment Market Regional Synopsis

North America having the highest market share of the Snowboard Equipment market is majorly driven by the increasing number of snowboarding tourists. The growing interest in winter sports, including snowboarding, is a significant driver of the snowboard market. The rush of tourists in winter sports events encourages more people to participate in snowboarding, contributing to the demand for high-quality boards and other equipment that are needed for snowboarding.

The United States has leading market positions in its legacy winter sports equipment categories (skis, snowboards, boots, bindings, goggles, helmets, etc.), producing a 365-day, year-round serving all seasons for mountain sport consumers. The Government of Canada is committed to supporting Canadians in snowboarding. The Canada Sports Minister responsible for the Economic Development Agency of Canada for the Regions of Quebec announced $3,594,200 in funding for Canada Snowboard for 2022–23, including $68,500 for safety in sport.

Asia Pacific growing with fastest CAGR in the Snowboard Equipment market is majorly driven by increased interest of snowboarding culture particularly among younger consumers with the influence of social media. Different social media platforms playing key role in indorsing snowboarding, as snowboarding videos gain traction, more individuals are inspired to try snowboarding, boosting the demand for equipment available in the market. Countries in Asia, such as China and South Korea, have seen an increase in snowboard equipment sale.

Chinese winter sports market is growing, with a diverse range of contributors. Observing a significant transformation in the popularity of skiing, and snowboarding. The demand for snowboard equipment in Australia is surging, driven by the country's winter sports-loving population. In 2022, Europe countries produced 4.8 million pairs of skis and snowboards, an increase of 37% when compared with 2021. Almost half of these items (2.2 million; 45%) were produced in Austria. In Germany, active professional snowboarders nowadays wear protective gear 74% while snowboarding for a little extra protection on the slopes.

In Mexico snowboards is the most profitable product segment process the fastest growth during the forecast period. Middle East and Africa held a substantial market share in 2023, accounting for more than 4.5% of global revenue, and expected to grow in the future. 

Snowboard Equipment Market Competitive Landscape

Some of the key players who top the global Snowboard Equipment market share:

• Emsco (U.S.)
• Amer Sports (Finland)
• Gison Boards (U.S.)
• Skis Rossignal (France)
• Zion Snow Boards (Canada)
• Newell Brands (U.S.)
• Academy (U.S.)
• Head (Austria)
• Others

1. Executive Summary
   1. Market Overview
   2. Key Findings
   3. Market Trends
   4. Market Outlook
2. Introduction
   1. Scope of the Report
   2. Research Methodology
   3. Definitions and Assumptions
   4. Acronyms and Abbreviations
3. Market Dynamics
   1. Drivers
   2. Restraints
   3. Opportunities
   4. Challenges
4. Global Snowboard Equipment Market
   1. Market Overview
   2. Market Size and Forecast
   3. Market Segmentation
      1. By Type
      2. By Application
      3. By Distribution Channel
      4. By End-user
      5. By Region
5. Market Segmentation by Type
   1. Spilt Board
   2. Snowboard Bindings
   3. Snowboard Boots
   4. Protective Gears
   5. Accessories
   6. Others
6. Market Segmentation by Application
   1. Adult
   2. Kids
   3. Others
7. Market Segmentation by Distribution Channel
   1. Online Stores,
   2. Supermarkets/Hypermarkets
   3. Specialty stores
   4. Others
8. Market Segmentation by End-user
   1. Professional
   2. Snowboarders
   3. Amateur
   4. Leisure Snowboards
   5. Others
9. Regional Analysis
   1. North America
      1. United States
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application, Distribution Channel and End-user
      2. Canada
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application, Distribution Channel and End-user
      3. Mexico
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application, Distribution Channel and End-user
   2. Europe
      1. United Kingdom
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application, Distribution Channel and End-user
      2. Germany
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application, Distribution Channel and End-user
      3. France
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application, Distribution Channel and End-user
      4. Italy
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application, Distribution Channel and End-user
      5. Spain
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application, Distribution Channel and End-user
      6. Rest of Europe
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application, Distribution Channel and End-user
   3. Asia Pacific
      1. China
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application, Distribution Channel and End-user
      2. Japan
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application, Distribution Channel and End-user
      3. India
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application, Distribution Channel and End-user
      4. Australia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application, Distribution Channel and End-user
      5. South Korea
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application, Distribution Channel and End-user
      6. Rest of Asia Pacific
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application, Distribution Channel and End-user
   4. Latin America
      1. Brazil
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application, Distribution Channel and End-user
      2. Argentina
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application, Distribution Channel and End-user
      3. Colombia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application, Distribution Channel and End-user
      4. Rest of Latin America
         1. Market Size and Forecast
         2. Key Trends and Developments
         3.               Market Analysis by Type, Application, Distribution Channel and End-user
   5. Middle East & Africa
      1. South Africa
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application, Distribution Channel and End-user
      2. Saudi Arabia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application, Distribution Channel and End-user
      3. UAE
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application, Distribution Channel and End-user
      4. Rest of Middle East & Africa
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application, Distribution Channel and End-user
10. Competitive Landscape
    1. Market Share Analysis
    2. Company Profiles
       1. All Company Names
          1. 1. Rossignol Group
          2. 2. Amer Sports Corporation
          3. 3. Fischerr Sports Corporation
          4.  4. ELAN D.o.o
          5. 5. Icelantics LLC
          6. 6. Clarus Corp.
          7. 7. Volkl Sports GmbH
          8.  8. BAUER Hockey
          9. 9. Head UL Ltd
          10. 10. Sport Maska Inc.
11. Strategic Recommendations
12. Appendix
    1. List of Tables
    2. List of Figures
13. References