The global ski wax market was strong in 2021 and is expected to experience rapid revenue growth throughout the forecast period. Ski wax is a substance applied to the bottom surface of snow runners, including skis, snowboards, and sleds, to reduce friction in various icy conditions. It not only provides glide but also protects the skiing equipment from scratches. Soft waxes made from paraffin materials are effective in mushy snow, ensuring optimal gliding in warm weather. On the other hand, long-chain or branched alkanes protect the ski base on cold, hard snow, creating a smooth and slippery surface. The ability of ski wax to enhance the overall skiing experience by reducing friction, increasing speed, and prolonging the life of the gear is driving its consumption in the global market, contributing to revenue growth.
There are two main categories of ski wax: glide waxes and grip waxes. Glide waxes are used to reduce sliding friction on both downhill and cross-country skis, addressing kinetic friction. Grip waxes, on the other hand, provide cross-country skiers with the necessary traction as they stride forward using traditional techniques, addressing static friction. Both types of wax are designed to suit the different characteristics of snow, such as crystal size, type, and water content, which vary with temperature and snow history. Skiers choose the appropriate wax based on these factors to optimize their performance on the snow.
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The global ski wax market is expected to develop due to increased awareness of the advantages of the usage of the product on snowboards. It enables the equipment to be faster and more environmentally friendly. This provides greater speed when skiing. It aids in the avoidance of ski drying caused by pulling down the mountains, enabling them to dry out. It keeps the surface of a ski wet and safeguards the blades from rusting. The runner will be able to perform simpler and smoother spins on waxed snowboard boards and skis. Such advantages of special waxes are projected to increase demand in the future.
Skiing has grown in popularity in emerging Asian economies such as China, Japan, and South Korea. This has resulted in the monetization of the pastime and its transformation into a sport. Taking these measures can contribute to making the sport a safer and more enjoyable experience. Government attempts to encourage and enable safety have also boosted the need for special creams waxes that can be applied to snowboards and ski boards, which has increased the consumption for special creams and waxes that can be applied to snowboards and ski boards.
Competitive Landscape:
- Hertel Ski Wax (U.S.)
- Swix (U.S.)
- ZumWax (U.S.)
- Demon International LC (U.S.)
- One Manufacturing (U.S.)
- Maxiglide (U.S.)
- Briko Maplus (Italy)
- Dakine Inc. (U.S.)
- Fast Wax (U.S.)
- Burton Snowboards (U.S.)
- Holmenkol (Germany)
- Purl Wax (U.S.)
- Datawax (U.K.)
- Darent Wax Co. Ltd. (U.K.)
Type Outlook (Revenue, USD Billion; 2019-2030)
- Glide Waxes
- Grip Waxes
Application/End-Use Outlook (Revenue, USD Billion; 2019-2030)
- Skis
- Snowboards
Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
- Latin America (Brazil, Rest of LATAM)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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