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
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)
Ski Poles, Application Outlook (Revenue - USD Million, 2019 - 2032)
Ski Poles, Regional Outlook (Revenue - USD Million, 2019 - 2032)
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), |
For Specific Research Requirements |