Ski Poles Market Size Worth $179.12 Million By 2032 | CAGR: 3.5%

Ski Poles Market Size Worth $179.12 Million By 2032 | CAGR: 3.5%


The global ski poles market size is expected to reach USD 179.12 million by 2032, according to a new study by Polaris Market Research. The report “Ski Poles Market Share, Size, Trends, Industry Analysis Report, By Product Type (100 cm – 110 cm, 110 cm – 120 cm, 120 cm – 130 cm, and Others); By Application; By Region; Segment Forecast, 2023 -2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The continuous technological advancements such as the fuse of cutting edge highlights empower the end-clients to stay associated and further deal a waterproof brilliant hold, which can be connected through the Bluetooth highlights. Additionally, ergonomic designs of sky poles and the presence of an OLED screen will encourage market expansion.

Market is also defined by a variety of trends, including the use of cutting-edge technology, product differentiation strategies, and an increased focus on mergers and acquisitions. For instance, in January 2022, Austrian sporting goods producer Head and Stuttgart-based sports car manufacturer Porsche present their first collaborative collection of winter sports equipment. The two ski models at the centre of the cooperation both have a distinct design and are modelled after racing skis, providing the wearer with an unmatched sensation on the snow. The two partners are introducing the Porsche 8 Series, a handcrafted, high-performance ski that is perfectly at home on and off-piste.

As this is going on, the majority of the major players, including ski pole manufacturers and distributors, are implementing tactics to diversify their product offerings to draw in more customers in the near future. In October 2020, The newest advancement in Nordic racing poles, the SWIX Triac 4.0 Aero, would be available to athletes starting in the fall of 2020. The pole weighs 56 grammes per metre of the shaft and has a rigidity rating of 21 millimetres. A whole 155-centimetre pole weighs only 136 grammes, grip and basket included.   Therefore, the collaborations, as well as products launches among the major players, are the factors boosting the growth of the market over the forecast period.          

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Additionally, major businesses use Z-pole and smart shaft technology to increase brand awareness and the client base is boosting the market growth.  Sports enthusiasts who engage in skiing sports run the risk of unexpected mishaps. Leading manufacturers are concentrating on combining cutting-edge technology in a variety of ski equipment, such as ski poles, to provide sports fans with increased safety gear. For instance, a well-known producer, Black Diamond, has made it a priority to incorporate Z-Pole technology into a variety of ski poles. By using this technology, the pole joints may be made more rigid and straight.

Ski Poles Market Report Highlights

  • 110cm-120cm segment is anticipated to grow rapidly over the forecast period. The ideal height range for this size of ski pole is between 5 ft. 2 in. and 5 ft. 10 in. The average height of the participants also falls within this range, which increases demand for this market.
  • Alpine Skiing segment accounted for largest revenue share. Alpine skiers use poles to increase momentum and help them control their upper bodies during turn initiation.
  • Asia-Pacific is expected to grow at fastest CAGR over the projected period on account of the rising skier involvement rates and expanding programmes to promote skiing. Also, rising participation in recreational activities as well as the high temptation in the mountain area is driving regional growth.
  • The global players include Amer Sports, Fuko Inc., Fischer Sports, Scott Sports SA, Tecnica Group, Burton Corporation, and the United States Ski Pole Company (USSPC).

Polaris Market Research has segmented the Ski Poles market report based on product type, application, and region:

Ski Poles, Product Type (Revenue - USD Million, 2019 - 2032)

  • 100 cm – 110 cm
  • 110 cm – 120 cm
  • 120 cm – 130 cm
  • Other

Ski Poles, Application Outlook (Revenue - USD Million, 2019 - 2032)

  • Alpine Skiing
  • Freestyle Skiing
  • Cross-country Skiing

Ski Poles, Regional Outlook (Revenue - USD Million, 2019 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

Ski Poles Market Report Scope

Report Attributes

Details

Market size value in 2023

USD 131.42  million

Revenue forecast in 2032

USD 179.12 million

CAGR

3.5% from 2023- 2032

Base year

2022

Historical data

2019- 2021

Forecast period

2023- 2032

Quantitative units

Revenue in USD million nd CAGR from 2023 to 2032

Segments Covered

By Product Type, By Application, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Key Companies

Amer Sports Corporation, Decathlon America LLC, Black Diamond Equipment Ltd, Cheong Sing Investment Ltd., Fuko Inc., Fischer Sports GmbH, Groupe Rossignol, Icelantic LLC, Loyal Composite Co., LTD., LEKI Lenhart GmbH, Ningbo Eastdragon Hardware Co., Ltd., Scott Sports SA, Tecnica Group S.p.A., The Burton Corporation, and United States Ski Pole Company (USSPC),

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