What is Global Ski Touring Bindings Market?
The Global Ski Touring Bindings Market is a comprehensive study of the various aspects of the ski touring bindings industry on a global scale. Ski touring bindings are a critical component of ski touring equipment, connecting the ski boot to the ski and allowing the heel to be released for ascending slopes and locked down for descending. The market encompasses a wide range of products, including different types of bindings such as frame bindings and tech bindings, each with their unique features and applications. The market is influenced by various factors such as advancements in technology, changing consumer preferences, and the overall growth of the ski touring industry. However, the market is also subject to certain challenges such as the high cost of ski touring equipment and the impact of weather conditions on the ski touring season. Despite these challenges, the market continues to grow, driven by the increasing popularity of ski touring as a recreational activity and the continuous innovation in ski touring equipment.
Frame Bindings, Tech Bindings in the Global Ski Touring Bindings Market:
Frame bindings and tech bindings are two major types of ski touring bindings available in the Global Ski Touring Bindings Market. Frame bindings are traditional ski bindings that attach the ski boot to the ski, allowing the skier to pivot their foot at the toe for uphill travel. They are known for their durability and reliability, making them a popular choice for recreational skiers. On the other hand, tech bindings, also known as pin bindings, are a newer type of ski binding that uses two pins to secure the boot to the binding. They are lighter and offer better uphill performance than frame bindings, making them a preferred choice for advanced and professional skiers. However, they are also more expensive and require compatible boots, which can be a barrier for some skiers. Both types of bindings have their advantages and disadvantages, and the choice between them depends on the skier's skill level, budget, and personal preference.
The Allrounder, The Uphill Ski Tourer, The Freeride Tourer, The Racer in the Global Ski Touring Bindings Market:
The Global Ski Touring Bindings Market finds its application in various areas such as The Allrounder, The Uphill Ski Tourer, The Freeride Tourer, and The Racer. The Allrounder refers to skiers who enjoy both uphill and downhill skiing and require versatile bindings that can handle both. The Uphill Ski Tourer refers to skiers who primarily enjoy uphill skiing and require lightweight bindings that offer excellent uphill performance. The Freeride Tourer refers to skiers who enjoy off-piste skiing and require durable bindings that can withstand harsh conditions. Lastly, The Racer refers to competitive skiers who require high-performance bindings that offer maximum control and precision. Each of these areas has specific requirements for ski touring bindings, and the market offers a wide range of products to cater to these needs.
Global Ski Touring Bindings Market Outlook:
The global Ski Touring Bindings market has shown significant growth in recent years. In 2022, the market was valued at US$ 105.7 million and is expected to reach US$ 123.3 million by 2029, growing at a CAGR of 2.2% during the forecast period 2023-2029. This growth can be attributed to the increasing popularity of ski touring as a recreational activity and the continuous innovation in ski touring equipment. The market is dominated by three major players - Dynafit, Marker, and Tyrolia, which held market shares of 11.80%, 9.72%, and 9.74% respectively in 2019. The market is geographically diverse, with Europe holding the largest market share of 66.70%, followed by North America with a share of 25.71% in the previous year. This geographical distribution can be attributed to the popularity of ski touring in these regions and the presence of well-established ski touring infrastructure.
| Report Metric | Details |
| Report Name | Ski Touring Bindings Market |
| Accounted market size in 2022 | US$ 105.7 million |
| Forecasted market size in 2029 | US$ 123.3 million |
| CAGR | 2.2% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | Dynafit, Marker, Tyrolia, Rossignol, Kreuzspitze, Black Diamond, Fritschi, ATK, Plum, Salomon, Fischer, Atomic, Black Crows, Hagan, Ski Trab, G3 |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
