Ice skating equipment market forecast

Market research analysts at Technavio predict that the global ice skating equipment market will grow steadily during the next four years and post an impressive revenue of almost USD 399 million in 2020. This market research analysis identifies the increased adoption of waterless ice skating rinks as one of the primary growth factors for this market. Waterless or synthetic ice skating rinks use a solid polymer material for skating and do not require ice. This eliminates the need for maintaining a cold temperature using refrigeration equipment, which reduces operational costs.

Ice skating equipment market volume based on geography

Several countries across the globe including the US, Canada, Japan, and countries in the Scandinavian regions have already built rinks using synthetic ice skating surfaces. Additionally, various places such as Hyderabad in India, Disneyland in Paris, and Toki no Sumika in Japan have also built eco-friendly skating rinks. This, in turn, will drive the demand for ice skating equipment from across the globe, consequently driving the growth of the ice skating gear market.

This market research and analysis estimates that in terms of geographical regions, North America will be the major revenue contributor to the market throughout the next four years. Ice skating forms a major part of this region's recreational activities, which is one of the major factors for the market’s growth in this region. 

Ice skating equipment market vendors

The market is characterized by the presence of a considerable number of players and is fragmented. The well-established international players such as Cougar, King Line, Rollerblade, ROCES, and POWERSLIDE account for the major shares and dominate the market. The intense competition among the market players and the constantly changing preference of customers make it difficult for new players to enter the market. To gain a competitive edge, ice skating equipment manufacturers have the need to develop and introduce advanced products to cater to the constantly changing customer preferences.

The leading vendors in the ice skating equipment market

• Cougar
• King Line
• Rollerblade
• ROCES
• POWERSLIDE

Ice skating equipment market segmentation by product type

• Ice skates
• Ice skating accessories

During 2015, the ice skates segment accounted for the major shares and dominated this market. Ice skates are available in a number of varieties and are worn according to the requirement of the skater. The increasing demand for ice skates for various sports activities such as figure skating, ice hockey, bandy, speed skating, and tour skating will drive the growth of this market segment in the coming years.

Ice skating equipment market export value based on retail format 

• Sporting goods retailers
• Hypermarkets, supermarkets, and department stores
• Online retail

According to this market study report, sporting goods retailers will register the maximum sales of ice skating equipment throughout the next four years. The specialty stores offer products from popular ice skating equipment manufacturers, which makes them attractive shopping destinations. Exclusive Rollerblade and Powerslide are some of the most popular sporting goods retailers

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global ice skating equipment market?
• What are the key market trends impacting the growth of the global ice skating equipment market?
• What are the challenges to market growth?
• Who are the key vendors in the global ice skating equipment market?
• What are the market opportunities and threats faced by the vendors in the global ice skating equipment market?
• Trending factors influencing the market shares of Europe, North America, and ROW.
• What are the key outcomes of the five forces analysis of the global ice skating equipment market?

Technavio also offers customization on reports based on specific client requirement.

Related reports

• Global Skating Shoes Market 2016-2020
• Global Ice Hockey Equipment Market 2016-2020