North America to Lead the Global Snow Sports Apparel Market throughout the Projected Period
Added: (Tue Oct 10 2017)
The global market for snow sports apparel is likely to improve with healthy growth rate between the projected periods, i.e. between 2017 and 2022. “Snow Sports Apparel Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017-2022,” is the new report that that tracks the performance of the global snow sports apparel market for the projected period of five years. This report has been added in the repository of Market Research Reports Search Engine (MRRSE). The global snow sports apparel market is estimated to gain traction due to some factors, for instance technological advancement in the apparels that provides more safety, rising popularity of winter Olympics, marge number of urban population that is indulged into outdoor recreational activities and increasing awareness about eco-friendly gateways. Remarkable growth in the sales of women’s sports apparel is opening new opportunities for the key players operating in the worldwide market for apparels of snow sports.
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Global Snow Sports Apparel Market- Drivers
- Rising use of protective gears like helmets and shell tops
- Increasing penetration of ecommerce which is helpful for the consumers to choose their own gears according to their need
- Rising tendency of urban population to spend more on outdoor recreational activities
- Increasing awareness of mental and physical advantages of sporting activities
- Growing interest of tourists in leisure activities
- Increasing per capital income and changing lifestyle
Global Snow Sports Apparel Market- Segmental Analysis and Forecast
This market is segmented into channel, price range, and product type. Shell top- one of the segment of product type is dominating the market throughout the projected period and is expected to account for 14.8% share of the global snow sports apparel market. This particular segment is likely to reach at a value of US$ 255.3 Mn by the end of the 2022 and is expected to expand at a CAGR of 5.8% between 2017 and 2022. Most recent shell tops are intended to fill in as the principal layer of barrier between environmental components and end-user. Considered as the crown gem of any outside unit, shell tops are known to keep the players warm and dry, in spite of weighing not as much as a couple of pants.
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Global Snow Sports Apparel Market- Forecast and Analysis by Region
It is expected that in terms of value, North America region is likely to dominate the worldwide market for apparel of snow sports in 2017 and similar trend can be witnessed during the projected period. Being the most attractive market for snow sports apparel, North America is likely to grow at a Compound Annual Growth Rate of 6.5% throughout the assessed period. It is the most profitable market for key vendors who are functioning in the global market for snow sports apparel. With US$ 8.4 Mn absolute dollar opportunity MEA market for snow sports apparel is also likely to sustain in the competition.
Global Snow Sports Apparel Market- Key Players
Some of the key players functioning in the global snow sports apparel market are V.F. Corporation, Decathlon, Black Diamond Equipment, Columbia Sportswear Company, Under Armour, V.F. Corporation, Adidas, Hanesbrands Inc, CALIDA Holding AG, and Armada Ski Inc,
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