Global Snow Helmet industry is projected to reach 303.8 million USD by 2025
Published Date: 2019/2/14
Snow Helmet refers to the equipment used to protect the head in the ski sport. Snow Helmets are different from bike or skateboard helmets. They have specific features such as ear coverage, moisture-wicking liners and temperature-sensitive materials.
Due to the cheap labor cost and other factors, some Chinese enterprises provide OEM services for the foreign famous enterprises, which accounted for 40% of the global market share. In order to enhance its competitiveness and visibility, we suggest these enterprises through the acquisition of enterprises, cooperating with the European and American brands, or take advantage of price going into the market gradually enhance their market share.
China has contributed about 1.46% of the ski enthusiasts, far less than Japan’s 3.06%, this imbalance shows that China is the world's most potential market under the situation of that Japan and South Korea ski market has been basically stable.
With the Chinese national policy support and the Winter Olympics promotion, the high growth rate can maintain 3-5 year, we conservatively estimate the snow helmet consumption market in China will reach the scale of 6 million USD.
The Snow Helmet industry was 234.1 million USD in 2017 and is projected to reach 303.8 million USD by 2025, at a CAGR (Compounded Annual Growth Rate) of 3.31% between 2017 and 2025. The market is driven by various end-user industries, such as Alpine skiing, Nordic skiing and Telemark skiing.
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