About Snow Goggles
Snow sports are popular recreational activities, especially in countries that are closer to the north or south pole and have longer winter seasons. The most popular forms of snow sports include skiing, sledding, and skating. However, the introduction of artificial snow and ice under controlled temperature conditions has facilitated the growth of the snow sports industry in countries that are closer to the equator as well. Several such countries, including popular tourist destinations that lack naturally occurring snow, are increasingly deploying artificial snow and ice systems.
Technavio’s analysts forecast the global snow goggles market to grow at a CAGR of 5.76% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global snow goggles market 2016-2020. To calculate the market size, the report considers the revenue generated from the worldwide sales of snow goggles.The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Snow Goggles Market 2016-2020
Technavio recognizes the following companies as the key players in the global snow goggles market: Bollé, Electric Visual Evolution, Oakley, and Smith Optics.
Other Prominent Vendors in the market are: Amer Sports, Anon Optics, Dragon Alliance, Giro, POC, SCOTT Sports, Spy Optic, UVEX, and Zeal Optics.
Commenting on the report, an analyst from Technavio’s team said: “The availability of advanced snow goggles accessories will be one of the key trends leading to market growth. Vendors are continuously improving the quality and technology of manufacturing snow goggles and accessories for better visibility of the skiers. Dragon Alliance, one of the snow goggles vendors, has introduced frameless goggles. The goggles come with Transitions self-adjusting lenses. This lens automatically changes tints in response to changing weather and sunlight conditions. This eliminates the need to change lenses or swap goggles, which is ideal in regions where the weather continuously changes.”
According to the report, high disposable income will be one of the factors driving market growth. High disposable income is the sign of the strong economy, which leads to increased spending in leisure activities. A strong economy also shows growth on the supply side, meaning the creation of business to meet or create demand. Adventure activities such as skiing, snowboarding, hiking, backpacking, and trekking are the most common among consumers.
Further, the report states that the changing weather conditions is the major challenge faced by the market vendors. The winter sports industry is one of the industries that are most vulnerable to climate changes worldwide. As average winter temperature rises, snow sports facilities like ski resorts struggle to generate revenue due to shrinking duration of the ski season. Due to increasing global warming, snowfalls are turning to rainfalls. So, snow sports resorts depend on cold temperature in the night to create artificial snow to generate business.
Bollé, Electric Visual Evolution, Oakley, Smith Optics, Amer Sports, Anon Optics, Dragon Alliance, Giro, POC, SCOTT Sports, Spy Optic, UVEX, Zeal Optics.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook