Irving, TX (PRWEB) September 27, 2012
The ski equipment manufacturing industry is projected to grow with a modest CAGR of 1.1% and reach an estimated $1.61 billion by 2017. The focus of the industry players is on fostering operational excellence, strengthening their retail performance, and increasing profitability through sales and distribution.
Lucintel, a leading global management consulting and market research firm, has conducted a competitive analysis on the current trends of the industry and presents its findings in “Global Ski Equipment Manufacturing Industry 2012-2017: Trend, Profit and Forecast Analysis.”
In the report, Lucintel estimates and classifies vendors’ manufacturing revenues in terms of sales. It analyzes the full value of ski revenue whether sold to wholesalers, retailers, or via online channels. Europe dominates the industry and captures the maximum market share. A combination of factors such as demographics, climatic conditions, individuals’ participation, ski facilities, and consumer spending habits highly affects the industry dynamics.
Lucintel’s study reveals certain challenges faced by the industry. Extensive publicity of global warming created caution among the retailers and caused a decline of pre orders, as they wanted to maintain lower inventories. Secondly, the high cost involved in skiing as a regular recreational activity is an obstacle for people who would like to ski but do not want to pay exorbitant fees. Multiple expenses such as traveling to ski areas, skiing resort charges, lift tickets, and costly equipment hold back interested people who may want to participate but have financial limitations.
Lucintel’s report projects that the industry has witnessed growth as increasing numbers of skier, innovative and technologically sound product launch, and favorable demography have supported sales in the industry. The growth of the ski industry, with rising personal income for some and the idea of skiing as a family activity also helps the industry.
This study is intended to provide industry leaders with a competitive benchmarking of the various industry players operating in the ski equipment manufacturing market. The study provides information on the current market share, profit margins, capabilities, and strategies and helps the leaders access their capabilities against leading competitors.
For a detailed table of contents and pricing information on this timely, market report, contact Lucintel at +1-972-636-5056 or via email at helpdesk(at)lucintel(dot)com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight, and cost efficiency. Lucintel has started Live Chat in its Web Site to answer visitors' questions in real time with precision. Visitors can either chat with our experts or call them free of cost through Live Chat to get assistance about what they are looking for from Lucintel.