Key vendors to strategically increase their sales are introducing designer ice skates
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five leading vendors for the global ice skating equipment market in their latest research report. This report also lists 8 other prominent vendors who are expected to contribute to this market’s growth between 2016-2020.
To identify the top vendors, Technavio’s market research analysts have taken into account the revenue generated from the retail sales of ice skating equipment to individual consumers and to skating rinks.
- Ice skates: These are boots that have blades attached to their bottoms and move the user across a sheet of ice while skating.
- Ice skating accessories: This equipment includes protective helmet, specific cut-proof skating gloves, knee pads, shin pads, neck guards, and ankle protection.
This Technavio report, under outdoor gear vertical, is based on the synthesis, analysis, and interpretation of information about the global ice skating equipment market collected from specialized sources. The analysts have derived insights using a mix of primary and secondary research with an aim to provide a holistic picture of the market.
Click here to request a free sample of this report
Competitive vendor landscape
The competition in the market is very intense due to the presence of various established players. Vendors in the market are concentrating on the development and introduction of many advanced products to sustain the competition in the market. The threat of new entrants is relatively low in the market due to the high investment charges in the initial stage. The companies in the market should be thorough with the latest trends and changes in technology and consumer preferences to maintain their position in the market and generate enough revenues. The vendors in the market are also investing in Asian countries to tap the additional growth opportunities and to expand their consumer base.
“The manufacturers are innovating and introducing new products and ice skating equipment for fashion-conscious consumers across the globe to increase their profitability. The designing innovations in ice skates are aimed to provide consumers with a convenient and comfortable skating experience. The vendors are using composite materials along with heat-formed memory foam that provides comfort to the skater without compromising on the aesthetic appeal of the products. The various upgrades and improvements on designing aesthetically pleasing ice skates will fuel the growth in the market over the period of next four years,” says Brijesh Kumar Choubey, a lead analyst at Technavio for research on outdoor gear.
Top five vendors in the ice skating equipment market space
Cougar
The company engages in the R&D, manufacture, and sale of roller skates, protective equipment, sports helmets, skateboards, and other accessories. Recently, the company announced the availability of new version of its M-ONE-Y roller blades for sale.
Key products: Kids skates, Speed skates, FSK skates, Fitness skates, and Ice skates.
King Line
King Line engages in developing, R&D, manufacturing, marketing, and selling of inline skates, roller skates, and ice skates. The company exports around 11% of its products to North America and over 12% in South Asia, and strong production capacity enables the company to market its products across the world.
Key products: Children skates, The skates for adults, and Ice skates.
POWERSLIDE
The company develops, manufactures, and markets skates, scooters, skateboards, and accessories. It also offers racing suits, helmets, jackets, shirts, pants, shorts, crash pads, knee pads, race gloves, backpacks, wrist guards, elbow pads, and hip bags for women.
Key products: Inline skates, Ice collection, Roller skates, and Racing boots.
ROCES
The company engages in designing and producing of inline and ice skates and it offers skateboards, roller skates, protective gears, scooters, accessories, and ski boots. It has strong dealership network enables the company to export its products all over the world, increasing its share in the market.
Key products: Sports and leisure skates, Ice glamour skates, Children’s skates, and Accessories.
Rollerblade
The company offers inline skates, recreational and molded series skates, and accessories that include wheels, helmets, gear, bearings, and bags for adults and children and it sells its products through sporting goods retailers.
Key products: Skates, Ice skates, Rollerblade Ice, Wheels and bearings, and Accessories.
Other prominent vendors in this market include Edea, Jackson Ultima, K2, Riedell, Risport, Roller Derby, Seba Skates, and SP-Teri.
A more detailed analysis is available in the Technavio report, Global Ice Skating Equipment Market 2016-2020.Technavio also customizes reports by other regions and specific segments upon request.
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