Snow Sports Accessories Market Projections Highlighting Primary Trends until 2022

Global snow sports accessories market is growing steadily due to the growing popularity of snow sports like skiing. In addition, there are several countries in the world that are devoted to the development of snow sports infrastructure. Due to this, people are being attracted to snow sports and are increasingly indulging in them. Governments in countries like China and South Korea are making large scale investments in developing infrastructure for snow sports such as ski slopes and night ski, which will further boost the snow sports accessories market. Besides this, a growing awareness about health and fitness and the rise of ecommerce domain is also contributing to the growth of this market. However, availability of counterfeit products and rising cost of snow sports accessories are acting as a restraint to the growth of the snow sports accessories market.

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Snow sports accessories are various types of equipment that are used in various sports like skiing and snowboarding among others. The various types of equipment termed as snow sports accessories are goggles, snowshoes, helmets, protection pads, etc. among others.

This Fact.MR report on the global snow sports accessories market forecasts that the global snow sports accessories market will touch a value of nearly US$ 1,310 Mn in the year 2022 and grow at a sluggish CAGR during the assessment period.

North America Market Set to Dominate the Global Snow Sports Accessories Market in Terms of Revenue

The market in North America is set to dominate the global snow sports accessories market in terms of value and this trend is projected to sustain itself throughout the assessment period. North America snow sports accessories market is the most attractive market, growing at a sluggish CAGR over the assessment period.

Goggles Segment Poised to Touch a Value of Nearly US$ 429 Mn in 2022

As per the forecast of Fact.MR, the goggles segment is expected to reach a value of nearly US$ 429 Mn in the year 2022. This represents a sluggish CAGR during the forecast period of 2017-2022. Goggles segment is expected to account for nearly one-third of the revenue share of the product type segment by the year 2017 and is expected to gain market share by the end of the year 2022.

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Sports Stores Segment to exhibit a CAGR of 2.5% During the Assessment Period

As per the forecast of Fact.MR, the sports stores segment is slated to touch a figure of US$ 330 Mn in the year 2022. This represents a CAGR of 2.5% during the assessment period from 2017 till the year 2022. This segment is expected to gain market share by the end of the year 2022. The sports stores segment is expected to account for more than one-fourth of the revenue share of the channel segment by the year 2017.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of global snow sports accessories market through 2022, which include Amer Sports Corporation, NIKE, Inc., Black Diamond, Inc., Fischer Sports GmbH, Head NV, Lucky Bums, LLC, Olympia Sports, Inc., Skis Rossignol SAS and The Burton Corporation.

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Sports Fishing Equipment Market: Geographical Expansion & Development Status Recorded

Sports fishing is gaining ground and becoming popular in various regions around the world. Several fishing associations like the American Sportfishing Association are encouraging people to increase their participation in fishing by conducting various fishing programs and events. Owing to the rising popularity of fishing as a sports and as a recreational activity, a number of governments across the globe are focusing on fishing development. The key nations like the United States and United Kingdom are making efforts to increase their fishing platforms, due to which there is an improved access to water bodies to fish in and make it a popular sport. In addition, as governments around the world are focusing on issues such as habitat degradation, restoring the biodiversity of marine ecosystems and improve the aquatic systems that support recreational fishing. Due to all the above mentioned factors, the global market for sports fishing equipment is expanding at a steady pace.

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Sports fishing equipment like rods, reels, hooks, baits, lures, lines, sinkers etc. are used to aid in the process of fishing. Such kind of equipment is used for recreational fishing and it may be different from the equipment used for commercial fishing.

The Fact.MR report on the global sports fishing equipment market forecasts that the global sports fishing equipment market will touch a value of nearly US$ 2,840 Mn in the year 2022 and grow at a moderate CAGR during the assessment period.

North America Set to Dominate Global Sports Fishing Equipment Market

The market in North America is set to dominate the global sports fishing equipment market in terms of value and this trend is projected to sustain itself throughout the assessment period. North America sports fishing equipment market is the most attractive market, growing at a moderate CAGR over the assessment period.

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Fishing Rods Segment Poised to Touch a Value of Nearly US$ 900 Mn in 2022

As per the forecast of Fact.MR, the fishing rods segment is expected to reach a value of nearly US$ 900 Mn in the year 2022. This represents a moderate CAGR during the forecast period of 2017-2022. Fishing rods segment is expected to account for nearly one-third of the revenue share of the product type segment by the year 2017 and is expected to gain market share by the end of the year 2022.

Individual Consumers Segment to exhibit a CAGR of 3.9% During the Assessment Period

As per the forecast of Fact.MR, the individual consumers segment is slated to touch a figure of nearly US$ 905 Mn in the year 2022. This represents a CAGR of 3.9% during the assessment period from 2017 till the year 2022. This segment is expected to lose market share by the end of the year 2022. The individual consumers segment is expected to account for nearly one-third of the revenue share of the end user segment by the year 2017.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of global sports fishing equipment market through 2022, which include EagleClaw Midstream Services, LLC, Newell Brands Inc., Okuma Fishing Tackle Corporation, Shimano Inc., Aftco Mfg. Co., Inc., Globeride, Inc., O. Mustad & Son A.S., Rapala VMC Corporation and Gamakatsu.

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Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights 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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Snow Shoes Market to Deliver Prominent Growth & Striking Opportunities during 2017-2022

Demand for snow shoes remains concentered in regions that receive heavy snowfall. In addition, increasing popularity of snowshoeing and other winter sports activities continue to reflect positively on the sales of snow shoes. Snow shoes are considered as an essential commodity in areas that receive extensive snowfall. Use of snow shoes while walking over surface that are thickly covered with snow can also help in preventing severe foot injuries. Moreover, modern snow shoes have a superior design as compared to traditional shoes, and therefore, are more efficient and durable.  Manufacturers are concentrating on development of snow shoes that are much lighter and comfortable to wear. Factors as such are expected to support the growth of the global snow shoes market over next couple of years.

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In addition, reinvented designs coupled with availability of snow shoes in all shapes and sizes is further boosting the popularity of snow shoes among consumers. Manufacturers are also introducing snow shoes with lower prices in order to penetrate a wider pool of price-sensitive consumers. According to the recent report published by Fact.MR, the global snow shoes market is expected to surge at an above average CAGR during the forecast period (2017-2022).

A snow shoe is footwear normally used for walking over snow covered surfaces. Snow shoes prevent the wearer’s foot from sinking entirely into the snow, by equally distributing the body weight of the person on a larger surface area. People also use snowshoes for snowshoeing, which is a form of hiking. The conventional snowshoes have rawhide lacing on a hardwood frame. However, the latest designs of snowshoes are include materials such as synthetic fabric, metal plastic and lightweight metal.

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Recreational and Trekking Snowshoes will Remain Sought-After

On the basis of product type, demand for recreational and trekking snowshoes is expected to remain strong throughout the forecast period. Global sales of recreational and trekking snow shoes presently command for over 36% revenue share of the market. By the end of assessment period, around US$ 8 Mn worth recreational and trekking snowshoes are estimated to be sold worldwide.

Among region markets, North America is anticipated to dominate the global snow shoes market in terms of revenue during the forecast period. The snow shoes market in North America is expected to, reflect a healthy CAGR of 5.3% between 2017 and 2022. This is primarily owing to the high participation of people in winter sports and the widespread popularity of snowshoeing in this region.

Competition Tracking

Adidas AG, Reebok International Ltd, Nike, Inc., PUMA SE, ASICS Corporation, Burberry Group plc, Chanel International B.V., GV Snowshoes, Atlas Snowshoe Company, Skechers U.S.A., Inc., are the key players profiled in the global snow shoes market.

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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 market insights 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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Tennis Racquet Market Assessment & Development Forecast Highlighting Prominent Drivers

The market for tennis racquet is growing at a steady pace all over the world due to the rising awareness amongst people for staying healthy and fit. Also, a rising number of players playing tennis is also aiding the growth of the tennis racquet market. The report, compiled by Fact.MR, provides indepth analysis of the global tennis racquet market for the forecast period 2017-2022, and offers key insights about future market direction.

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The market for tennis racquets is growing at a steady pace the world over. The reasons for this are a growing health awareness amongst people for staying healthy and fit and playing sports like tennis fulfils this goal. Moreover, tennis is gaining a huge popularity amongst people all over the world, especially in the elderly segment of the population, as it helps in maintaining health and fitness. In the lucrative market of the United States, the market of tennis racquets is gaining ground due to a rising number of players playing tennis. However, the main challenge is to retain players for playing the game continuously, as a significant number of players quit the game after a point of time. In addition, high training costs associated with tennis acts as a restraint to the growth of tennis, and thereby hinders the growth of the tennis racquets market.

A tennis racquet is a lightweight implement that includes netting (such as nylon) stretched in a usually oval open frame with a handle attached to it and that is used for striking the tennis ball.

This Fact.MR report on the global tennis racquet market forecasts that the global tennis racquet market will touch a value of nearly US$ 437 Mn in the year 2022 and grow at a moderate CAGR during the assessment period.

North America Market Set to Dominate the Global Tennis Racquet Market in Terms of Revenue

The market in North America is set to dominate the global tennis racquet market in terms of value and this trend is projected to sustain itself throughout the assessment period. North America tennis racquet market is the most attractive market, growing at a steady CAGR over the assessment period.

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Power Tennis Racquet Segment Poised to Touch a Value of Nearly US$ 250 Mn in 2022

As per the forecast of Fact.MR, the power tennis racquet segment is expected to reach a value of nearly US$ 250 Mn in the year 2022. This represents a steady CAGR during the forecast period of 2017-2022. Power tennis racquet segment is expected to account for more than half of the revenue share of the racquet type segment by the year 2017 and is expected to gain market share by the end of the year 2022.

Less than 27 Inch Segment to exhibit a CAGR of 4.2% During the Assessment Period

As per the forecast of Fact.MR, the less than 27 inch segment is slated to touch a figure of nearly US$ 31 Mn in the year 2022. This represents a CAGR of 4.2% during the assessment period from 2017 till the year 2022. This segment is expected to lose market share by the end of the year 2022. The less than 27 inch segment is expected to account for nearly one-tenth of the revenue share of the racquet length segment by the year 2017.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of global tennis racquet market through 2022, which include ASICS Corporation, Yonex Co. Ltd., Dunlop Sports Group Americas, Inc., Authentic Brands Group, LLC, Head N.V. and Babolat VS. SA.

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Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights 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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Mixed Martial Arts Market Status & Revenue Forecast Recorded during Forecast Period

Global mixed martial arts equipment market is driven by various aspects which govern the growth of the market across various regions. This combat sport has been witnessing growing business worldwide. The mixed martial arts equipment market is driven by factors such as growth in MMA tournaments, growing MMA popularity, increasing usage of MMA equipment in fitness programs and rise in technological developments implied in MMA equipment enhancing the function of safety and performance at the same time. North America has been found more attractive for the growth of the mixed martial arts equipment. The report, compiled by Fact.MR, provides in-depth analysis of the global mixed martial arts equipment market for the forecast period 2017-2022, and offers key insights about future market direction.

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MMA or mixed martial arts is a combat sport which involves both striking and grappling, using techniques from martial arts and other combat sports. The sport has rivaled professional wrestling and boxing and has witnessed an increased popularity with a pay per view business model. Various styles have been developed across regions with their uniqueness. Various MMA equipment such as mouthpiece, gloves, hand wraps, head gear, shin guards, etc., are used during combat.

According to Fact.MR’s research report on the global mixed martial arts equipment market, the market is anticipated to reach a value of about US$ 565 Mn by 2022 reflecting a moderate CAGR during the forecasted period of 2017-2022.

North America dominates the Global Market

North America region shows higher market attractiveness index and is considered to be the most lucrative region for the global mixed martial arts equipment market. The rise of the sport in this region along with technological advancements and higher disposable incomes of people have contributed to the growth of the market in this region. North America region has shown higher market share by revenue and is expected to follow this trend by the end of 2022 and is poised to register a moderate CAGR during the period of forecast.

MEA and Europe have a Tie; Opportunity from an Investment Standpoint?

Europe and Middle and Africa region (MEA) show same growth rate and are poised to the fastest growing regions registering a high CAGR of 4.7% during the period of forecast, followed by Asia Pacific excluding Japan (APEJ), which is the second fast growing region in the global mixed martial arts equipment market. Investments can be made in these regions, even though the market share is less as compared to North America region, there is potential for positive growth in these regions.

Gloves Segment Show High Pace and Strength

Gloves segment by product type show high market growth rate and higher market share during the period of forecast 2017 to 2022. The gloves segment is anticipated to grow at a higher CAGR of 4.8% throughout the forecast period. This segment dominates the global mixed martial arts equipment market by product type as of 2017 and this trend is expected to continue throughout the forecast period. This segment is also expected to gain a higher BPS by the end of 2022.

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Tough Call between Punching Bags and Head Gear

Punching bags segment and head gear segment by product type show a similar growth rate during the period of forecast. However, following gloves segment, the punching bags segment are second in line as far as market share is concerned and their market value is higher than that of head gear segment as of 2017. The head gear segment is anticipated to experience zero gain in BPS by the end of 2022.

Individual Segment to Grow Fast

Individual segment by buyer type is poised to grow at a higher CAGR of 4.8% during the forecast period and also reflects a higher market share as of 2017. This trend is poised to continue or even grow by the end of 2022; thus it can be inferred that this segment is expected to dominate the global market by buyer type throughout the period of forecast. This segment is also anticipated to reflect a higher gain in BPS by the end of 2022.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of the global mixed martial arts equipment market through 2022, which include Adidas AG, Century LLC, Everlast Worldwide, Inc., Hayabusa Fightwear Inc., Combat Sports Inc., Twins Special Co. LTD., Fairtex, King Professional, Title Boxing, LLC and Ringside, Inc.

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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 market insights 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.

Contact Us
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