Snow Sports Apparel Market Size Expected to Grow by USD 979.21 Million

NEW YORK, June 13, 2022 /PRNewswire/ — The snow sports clothing market report provides comprehensive information about major vendors including adidas AG, ANTA Sports Products Ltd., Burton Corp., Clarus Corp., Columbia Sportswear Co., Decathlon SA, Rossignol Group UNITED STATES Inc., Halti Oy, Schoffel Sportbekleidung GmbH, VF Corp., Bogner homeshopping GmbH and Co. KG, Authentic Brands Group LLC, Backcountry.com LLC, CALIDA HOLDING SAChina Dongxiang Co. Ltd., DESCENTE Ltd., Hot Chillys, K2 Sports Europe GmbH, Patagonia Inc. and Youngone Corp.

Technavio has announced its latest market research report titled Snow <a class=Sports Apparel Market by Product and Geography – Forecast and Analysis 2022-2026″ data-src=”https://s.yimg.com/ny/api/res/1.2/Pr2shyuWpZhxZVZHQytgYw–/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM5Nw–/https://s.yimg.com/uu/api/res/1.2/phsk__FfBSyqpq1UWlMpQw–~B/aD0yMjU7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/prnewswire.com/1e5e5598b6fff3017c8bb5d72c988618″/>

Technavio has announced its latest market research report titled Snow Sports Apparel Market by Product and Geography – Forecast and Analysis 2022-2026

  • adidas AG – The company offers winter sports apparel such as the three-in-one Resort jacket, Acerra 3ST ADV boots and Terrex climawarm snowpitch winter shoes.

  • ANTA Sports Products Ltd.- The company offers winter sports clothing under the subsidiary American sports. Additionally, the Company also offers sportswear products of its brands such as DESCENTE and KOLON SPORT.

  • Burton Corp.- The company offers a wide range of products such as snowborard products, T-shirts, hoodies, sweatshirts, gloves, mittens and others.

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The value of the snow sportswear market is expected to increase by $979.21 million from 2021 to 2026, according to the latest Technavio report. Further, the market is segmented by Product (alpine clothing and snowboard clothing) and geography (North America, EuropeACPA, South Americaand the Middle East and Africa).

Market segmentation

  • By product- Growth in snow sports apparel market share by alpine clothing segment will be significant during the forecast period. The the evolution of ski infrastructure worldwide, the rapid increase in the number of ski tournaments and the increasing participation of women in these sports are the main growth drivers for the segment.

  • By geography – 40% of market growth will come from North America during the forecast period. The United States and Canada are the main markets for winter sports clothing North America. Market growth in this region will be faster than market growth in the Middle East and Africa. Rising participation in snow sports such as downhill skiing will facilitate the growth of the snow sports apparel market in North America over the forecast period.

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Market dynamics

  • Key factor- The availability of a wide range of products and assortment is a major driver of the global snow sportswear market growth. The global snow sports apparel market is witnessing huge demand from the influx of snow sports enthusiast population for recreational activities such as skiing, snowboarding, hiking, mountaineering and rock climbing. Sellers that offered sports and outdoor apparel began offering a variety of winter sports apparel over the past decade. For example, VF Corporation, one of the giants in sports and leisure clothing, offers many ski and snowboard clothing with a wide range of products and an assortment of products. The global snow sports apparel market is witnessing a huge demand owing to the inclination of millennials for outdoor sports including snow sports activities in countries like the United States. Hence, the wide range of products and product assortment offered by the vendors will drive the global snow sports apparel market over the forecast period.

  • A major challenge- The threat of counterfeit products will be a major challenge for the growth of the global snow sportswear market share during the forecast period. Internet and smartphone penetration have increased over the past decade, allowing established and local vendors to sell their products online. By taking advantage of e-commerce platforms, counterfeit outdoor and sportswear are sold in the market by replicating the originals. The presence of numerous unregistered vendors who sell counterfeit products of branded counterparts online can hamper the optimal market penetration of major vendors. Counterfeit winter sportswear looks the same as the originals, and users can only tell the difference in terms of quality, comfort and dimensional stability. With the increase in sales of these counterfeit products, consumers may not be able to tell the difference between genuine/branded products and counterfeit products. Thus, the prevalence of counterfeit products is expected to hamper the market growth and damage the image of genuine manufacturers over the forecast period.

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Scope of the snow sports apparel market

Report cover

Details

Page number

120

base year

2021

Forecast period

2022-2026

Growth momentum and CAGR

Slow to a CAGR of 4.2%

Market Growth 2022-2026

$979.21 million

Market structure

Fragmented

Annual growth (%)

4.57

Regional analysis

North America, Europe, APAC, South America, Middle East and Africa

Successful market contribution

North America at 40%

Main consumer countries

United States, Canada, China, Russia and United Kingdom

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

adidas AG, ANTA Sports Products Ltd., Burton Corp., Clarus Corp., Columbia Sportswear Co., Decathlon SA, Group Rossignol USA Inc., Halti Oy, Schoffel Sportbekleidung GmbH, VF Corp., Bogner homeshopping GmbH and Co. KG, Authentic Brands Group LLC, Backcountry.com LLC, CALIDA HOLDING AG, China Dongxiang Co. Ltd., DESCENTE Ltd., Hot Chillys, K2 Sports Europe GmbH, Patagonia Inc. and Youngone Corp.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, COVID 19 Impact and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period,

Customization overview

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Contents

1. Summary

2 Market landscape

3 Market sizing

4 Five forces analysis

5 Market Segmentation by Product

6 Customer Landscape

7 Geographic landscape

8 drivers, challenges and trends

9 Supplier landscape

10 Vendor Analysis

11 Appendix

About Us

Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.

Contact

Technavio Research
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Technavio (PRNewsfoto/Technavio)

Technavio (PRNewsfoto/Technavio)

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