About Figure Skating Equipment
Skating started gaining prominence as a means of recreation, a means of transport, and a sport, in The Fens in England. Today, there are a number of recreational sports that fall within the purview of ice sports. A few of those sports are ice hockey, curling, speed skating, figure skating, bandy, ringette, tour skating, ice cross downhill, and barrel jumping.
Technavio’s analysts forecast the global figure skating equipment market to grow at a CAGR of more than 1% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global figure skating equipment market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of figure skating equipment.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Figure Skating Equipment Market 2017-2021
Technavio recognizes the following companies as the key players in the global figure skating equipment market: Cougar, Dongguan King Line, Powerslide, ROCES, and Rollerblade
Other Prominent Vendors in the market are: EDEA, Jackson Ultima, K2 Sports, Riedell Shoes, Risport Skates, Roller Derby, and SP-Teri
Commenting on the report, an analyst from Technavio’s team said: “With the increasing worldwide concern about preserving the environment, sporting goods manufacturers are also adopting ways to make their products eco-friendly. As such, figure skating equipment manufacturers have also started adopting eco-friendly practices and production methods. The advent of eco-friendly ice and figure skating rinks has been a step toward becoming more responsible in terms of environment preservation for these manufacturers. Right from skating rinks that use recycled water to those rinks that do not use water at all, the market has been taking successive steps at creating greener products.”
According to the report, even though figure skating is quite similar to ice skating, there are a number of factors that differentiate the two. Figure skating, also known as synchronized skating, is a multifaceted sport, and involves a combination of speed, movement, music, and choreography, which together help in increasing its popularity among the global population. Figure skating gained rapid popularity since its advent in the 1990s. The judging system for figure skating tournaments is the same as for other skating tournaments, with the routine being characterized by teamwork, speed, intricate formation, and step sequences. There is also no age restriction for figure skating, which creates a universal appeal for the sport.
Further, the report states that not all countries have the required infrastructure to support the growth of all types of outdoor sports, and typically, consumers in a particular country tend to pursue the sport that is most popular in that country. This inclination toward specific sports limits the market for other sports in any country. On similar notes, the popularity of figure skating is limited mostly to western markets, and APAC countries tend to lag in terms of infrastructure, popularity, and adoption of figure skating. Additionally, ice skating rinks tend to be large and expensive investments, with little or no guarantee of sufficient windfall.
Cougar, Dongguan King Line, Powerslide, ROCES, Rollerblade, EDEA, Jackson Ultima, K2 Sports, Riedell Shoes, Risport Skates, Roller Derby, SP-Teri.
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