A fresh study, covering “Snowboard Equipment Market Forecast, Trend Analysis & Competition Tracking - Global Review 2017 to 2022” has been broadcasted to wide online repository of Fact MR, which presents deep focus on the sports market. This smart study contains precise data that offers a clear insight about market current scenario and future projections for the benefit of readers. Moreover, the study enclosed significant data which tends to make the research a powerful source for analysts and industry experts who are looking to gain necessary knowledge about the prevailing market trends, opportunities and drivers present in the snowboard equipment market.
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Surge in aspiring snowboard athletes is projected to rev up demand for snowboard equipment in the sports industry. In addition, increasing in demand for technically enhanced sport equipment is projected to impact growth of the global snowboard equipment market positively. A recently published report by Fact.MR reveals that the global market of snowboard equipment is projected to reflect a robust CAGR over the projected, 2017 – 2022.
Factors Propelling Global Market Growth
Increasing participation in winter sports such as skiing and snowboarding is projected to boost demand for snowboard equipment globally. Moreover, surge in number of aspiring athletes is projected to fuel demand for snowboard equipment positively. Sport manufacturers are increasingly witnessing demand for technically enhanced sport equipment among snowboard athletes. Bound to such factors, the global market of snowboard equipment is projected to witness surge in growth during the projected period. A research recently conducted by the National Institute on Aging shows that workout and exercise is a significant factor expected to impact the cognitive health positively.
Moreover, manufacturers are increasingly integrating snowboard equipment with enhanced features such as heated snow boot liners and tracker watches. Surge in demand for technically enhanced snowboard equipment is projected to rev up growth of the global snowboard equipment market significantly during the projected period.
Split Board to Represent a Leading Segment
Specialty stores among other distribution channels is projected to witness a relatively high revenue growth in the snowboard equipment market globally. This segment is projected to represent more than US$ 20 Mn in the global market of snowboard equipment by 2017 – end. Online stores among other distribution channels is projected to represent significant revenue growth after specialty stores globally in 2017. Snowboard equipment products are projected to witness significant surge in North America. Specialty stores among other distribution channels is projected to reflect a relatively high CAGR in the global market of snowboard equipment market through 2022. Direct sales among other channels is projected to reflect the second highest CAGR in the global market of snowboard equipment throughout 2022.
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Split board among other products is projected to witness a relatively high revenue growth in the global market of snowboard equipment. This segment is projected to represent more than US$ 10 Mn in the snowboard equipment market globally by 2022 – end. Snowboard binding is projected to witness a significant growth in terms of revenue, after split board through 2022. North America among other regions is projected to remain a major market for snowboard equipment globally. Men’s snowboard boots among other equipment is projected to reflect a relatively high CAGR in the global market of snowboard equipment throughout 2022. Kid’s snowboard boots and split board is projected to reflect a parallel CAGR in the global market of snowboard equipment through 2022.
Market Players
Major players in the global market of snowboard equipment are Emsco Group, Inc, Amer Sports Corporation, Gilson Boards, LLC, Skis Rossignol SAS, Zion Snow Boards, Newell Brands Inc, Academy Snowboard Co. Inc., and Head NV.
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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Sports market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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