Global Ice Skating Equipment Market 2016-2020
About Ice Skating Equipment
Skating gained prominence as a means of recreation activity and a sport in The Fens in England. Today, there are a number of recreational sports that fall within the purview of games that can be played on ice. A few of these sports are ice hockey, curling, speed skating, figure skating, bandy, ringette, tour skating, ice cross downhill, and barrel jumping. This report covers ice skating equipment used for recreational purposes and for speed skating.
Technavio’s analysts forecast the global ice skating equipment market to grow at a CAGR of 1.51% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global ice skating equipment market for 2016-2020. To calculate the market size, the report considers the revenue generated from the retail sales of ice skating equipment to individual consumers and to skating rinks.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Ice Skating Equipment Market 2016-2020
Technavio recognizes the following companies as the key players in the global ice skating equipment market: Cougar, King Line, POWERSLIDE, ROCES, and Rollerblade.
Other prominent vendors in the market are: Edea, Jackson Ultima, K2, Riedell, Risport, Roller Derby, Seba Skates, and SP-Teri.
Commenting on the report, an analyst from Technavio’s team said: “One of latest trends in the market is advent of designer ice skates. A growing interest in ice skating has led key vendors to innovate and introduce new products and ice skating equipment for fashion-conscious consumers across the globe. These products, including designing innovations in ice skates, not only provide consumers with a convenient and comfortable skating experience, but also give the ice skating equipment market a much required boost in terms of fashion. Major innovations in ice skates have come in the form of their designer versions.”
According to the report, one of the primary drivers in the market is fitness benefits associated with ice skating. Ice skating may be losing out on popularity when it comes to its adoption as an outdoor sport or activity, but the sport has been gaining pace when it comes to maintaining fitness levels. The addition of ice skating to an exercise program offers several health benefits to the user. Ice skating acts as an effective cardiovascular workout and endurance and strength training tool to build strong muscles in legs and pelvic region. Balance and coordination can also be highly improved with the practice of regular ice skating.
Further, the report states that one major challenge in the market is unfavorable weather conditions. Unfavorable weather conditions negatively affect ice-based sports activities like ice skating, figure skating, and ice hockey. Changes in weather patterns such as extreme heat, cold, and humidity can lead to unpleasant ice skating experiences. Although water freezes at 32 degrees Fahrenheit, ice skating rinks normally maintain a temperature of 17-24 degrees Fahrenheit. The average temperature in most APAC countries lies much above this range, making ice skating activities either limited or completely absent in these regions. This is primarily due to the tropical weather prevalent in these regions. These weather conditions do not provide an atmosphere that is feasible to the maintenance of ice skating rinks, reducing the frequency of participation.
Cougar, King Line, POWERSLIDE, ROCES, Rollerblade, Edea, Jackson Ultima, K2, Riedell, Risport, Roller Derby, Seba Skates, SP-Teri.
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