What will be the future of skiing and snowboarding? Skiing and snowboarding have always been sports that require extreme skills and a high fitness level. The equipment necessary to enjoy these sports is expensive, and their demand constantly increases.
Skiing and snowboarding are becoming less accessible due to the rising equipment cost and the popularity of other winter activities such as surfing and skateboarding. This trend is expected to continue into the next decade. However, with the rise of new technology, there may be a shift towards more affordable and accessible entertainment during the winter season. To stay relevant, skiing and snowboarding companies must adapt to changing consumer tastes and the potential introduction of new technologies.
We have compiled some of the most critical trends affecting the ski and snowboard industries we should expect to see in 2023. Discussed below are the top seven;
Technological Advancements That Make the Equipment More Affordable
Technology is one of the most significant driving forces behind the sporting goods sector growth. Companies must innovate to provide what they want as consumers get more demanding and expect more from their recreational activities. While it is true that technology is often adopted slowly by people, the ski and snowboard industry has quickly embraced vital technologies such as GPS, GoPro cameras, smartphones, etc. The industry should not slow down on innovations just because they might be hard to implement
The ski and snowboard industry can no longer afford to ignore the mass market. It needs to find ways to lower the price point of its products if it wants to remain competitive. There is already significant competition from cheaper brands like Burton and Rossignol. If manufacturers cannot keep their prices low enough, they could lose customers to competitors offering better value propositions.
Change in Skill Level Requirements
As the number of participants increases, so does the desire to participate at higher skill levels. As a result, the industry is experiencing a rapid decline in participation by beginners. This trend is expected to continue through 2020. This trend should not discourage skiers and snowboarders as it represents an opportunity to attract new consumers and expand the overall market. However, it also means that the average age of participating skiers and boarders will increase.
Eco-Friendly Products
Consumers who become more aware of environmental issues demand environmentally friendly products. Consumers want to buy products that are safe for themselves and the environment. The ski and snowboard industry has responded by introducing eco-friendly products with recycled materials containing less toxic chemicals than traditional versions. As new technologies emerge, the ski and snowboard market will continue to innovate to meet consumer demands.
Diversification /Reinvention
The ski and snowboarding industry is experiencing unprecedented levels of diversification. There are now literally hundreds of companies producing different types of equipment for all disciplines, including freestyle, alpine, downhill, cross country, and telemark. These product lines include everything from complete bindings to boot poles to accessories. Companies also branch into non-snow-related apparel, electronics, and real estate businesses. Many companies are owned or operated by well-known names such as Salomon, Rossignol, Atomic, Volkl, Burton, and Jackson. Although there are many positives associated with this level of diversification, it comes at a cost. For example, developing and launching new products takes time and resources. In addition, it can be challenging to maintain strong relationships between suppliers as each company tries to sell its brand.
Online marketing is becoming a significant force within the ski and snowboarding industry. Many consumers search the internet to search for products so that online retailers can target them directly with specific offers. In addition, as online shopping becomes more accessible, consumers spend more time browsing websites than visiting physical stores. The ski and snowboarding industry needs to adapt to this change by providing more accurate product descriptions, images, and reviews on its website.
The ski and snowboarding community can communicate directly with other users via social networks. This creates a two-way conversation between the manufacturer and the customer, which helps build brand loyalty. In addition, online retailers can promote their products using social media. This allows them to reach potential buyers without resorting to costly advertising campaigns.
Consumer Preferences
Consumers are beginning to demand more customization and personalization when purchasing products. Manufacturers respond by creating unique products that can be personalized to fit each individual’s style. For example, most manufacturers offer custom binding systems that allow users to choose between fixed and variable width options. Additionally, some manufacturers produce customized boots that can be branded with logos and graphics. As a result, skiing and snowboarding enthusiasts can customize their equipment using various methods, from fabricating their boots to modifying existing ones.
Manufacturers need to continue developing innovative products to meet the changing demands of today’s consumers.
Skiers & Snowboarders Are More Active
Skiers and snowboarders are becoming more active. As the number of people participating in skiing and snowboarding increases, exercise is required. Because of this, many resorts are offering a more excellent selection of activities, including group fitness classes like yoga and spinning. These programs help increase endurance while improving flexibility and balance. Other individuals are turning to indoor gyms to help maintain healthy lifestyles. Indoor gyms offer a safe environment where individuals can work out anytime. These facilities reduce the risk of injury and save money because there is no need to purchase equipment or pay for expensive lessons.
By taking advantage of new technology and focusing on innovation, the ski and snowboard manufacturing industry will better meet the next century’s challenges.