Global Ice Axe market – A report by Fact.MR
Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global Ice Axe market. The Ice Axe report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth. Each segment alongwith its sub-segment is analyzed in terms of value and volume. Further, the Ice Axe report elaborates the market behavior of each vendor operating in the Ice Axe market.
The Ice Axe report considers the following years to present the overall market growth:
Forecast Year: 2018 – 2028
Key findings of the Ice Axe market study:
Regional breakdown of the Ice Axe market based on predefined taxonomy.
Innovative manufacturing processes implemented by Ice Axe vendors in detail.
Region-wise and country-wise fragmentation of the Ice Axe market to grasp the revenue, and growth outlook in these areas.
Changing preferences among consumers across various regions and countries.
Factors (Positive and Negative) impacting the growth of the global Ice Axe market.
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Demand for Ice Axe Driven by Increasing Participation in Ice Climbing and Trends of Alpine Tourism
In 2016, more than 144 million Americans participated in outdoor activities. The participation in outdoor activities grew significantly, up to 48.8% of the American population in 2016. In the U.S., ice climbing and mountaineering were noted among the favorite outdoor activities, which may reflect in the rising demand for ice axes in the U.S. market. Furthermore, the American Mountain Guides Association (AMGA) stated that with the increasing popularity of ice climbing and skiing, mountaineering guides generated roughly US$ 3.2 billion in the recent years. Attributing to the increasing participation in ice climbing and mountaineering, many ice skiing enthusiasts are taking up ice ski guiding as a career. It is expected to act as a primary driving force for the ice axe market in the near future.
On the basis of region, the Ice Axe market study contains:
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Middle East and Africa (GCC, S. Africa, N. Africa)
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Key players analyzed in the Ice Axe market study:
As an ice axe is an important ice climbing equipment, international authoritarian organizations have developed some guidelines that ice axe manufacturers must follow. All the market players in the ice axe market must make sure to get ice axes certified with the necessary safety standards in order to get inter ice axe markets in key regions. It can give consumers a better knowledge of the quality of the product, and it can help ice axe manufacturers to improve their sales.
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Queries addressed in the Ice Axe market report:
How has the global Ice Axe market grown over the historic period of 2014-2018?
Why are the Ice Axe market players targeting region for increased product sales?
What patented technologies are the players utilizing in the global Ice Axe market?
Which regions are displaying the fastest growth in the Ice Axe market?
What are the underlying micro- macroeconomic factors affecting the global Ice Axe market?
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