Chair lifted: Rising incomes and demand will boost the industry

Over the past five years, the Ski and Snowboard Rental industry has grown steadily as rising income levels have increased people's interest in skiing and snowboarding. Demand for industry rentals is largely determined by demand for the Ski and Snowboard Resorts industry, as the two industries go hand-in-hand. However, while the industry is supported by demand for ski and snowboard resorts, there is a limit to this connection. Some factors that are closely tied to resort revenue have a negative impact on industry revenue. Over the next five years, industry revenue is likely to continue growing, albeit at a slower pace...purchase to read more.

Industry Statistics & Market Size
Revenue
$101m
Annual Growth 13-18
2.2%
Forecast Growth 18-23
Profit
Employment
1,008
Businesses
221
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Demand for ski and snowboard rental is closely tied to demand for ski and snowboard resorts
  • Demand for ski and snowboard rental is tied to demand for skiing and snowboarding
  • Rising disposable income levels will have a limited impact on industry revenue
  • Industry Report - Industry Investment Chapter

    The Ski and Snowboard Rental industry has a moderate level of capital intensity. In 2018, for every dollar spent on wages, industry companies are expected to spend $0.24 on capital. Ski and snowboard rental businesses must frequently upgrade their supplies of equipment to remain competitive, giving them high capital costs. Like all rental industries, the Ski and Snowboard Rental industry has high depreciation costs, because goods rented out are used frequently and therefore quickly decline in value. In 2018, the industry's depreciation costs are expected to account for 8.1% of revenue. Meanwhile, the industry has moderate labor costs, because rental businesses need staff to write up rental contracts and fit customers with the proper equipment. In ...purchase to read more.

    Additional Insights for the Ski & Snowboard Rental Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Ski & Snowboard Rental Industry are

  • Proximity to key markets
  • Management of seasonal production
  • Effective quality control
  • IBISWorld analysts also discuss how external factors such as Domestic trips by US residents and Average annual precipitation in the Ski & Snowboard Rental industry impact industry performance..

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    What's in this report

    What is the Ski & Snowboard Rental Industry?

    This industry provides ski and snowboard rental services, including rental of skis, snowboards and accessories like helmets. Firms also rent other snow-related sports equipment like snowshoes. This industry does not manufacture equipment.

    Industry Products
  • Ski-specific equipment rental
  • Snowboard-specific equipment rental
  • Accessory rental (e.g. helmets and poles)
  • Industry Activities
  • Renting out skis
  • Renting out snowboards
  • Renting out equipment needed for skiing and snowboarding
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Domestic trips by US residents
  • Average annual precipitation
  • Per capita disposable income
  • Time spent on leisure and sports
  • Inbound trips by non-US residents

  • Current Performance
  • Strong markets
  • Limitations
  • Consolidation
  • Chart: Revenue Growth

  • Industry Outlook
  • Tourism
  • Growth limitations
  • Competition
  • Table: Ski & Snowboard Rental Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Ski & Snowboard Rental Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Consumers

  • Key Selling Industries
  • Athletic & Sporting Goods Manufacturing

  • Products & Services
  • Ski-specific equipment rental
  • Snowboard-specific equipment rental
  • Accessory rental (e.g. helmets and poles)
  • Chart: Ski & Snowboard Rental Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Aged 18 to 34
  • Aged 35 to 54
  • Aged 17 and under
  • Aged 55 and above
  • Chart: Major Market Segmentation for the Ski & Snowboard Rental Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases and depreciation
  • Wages
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Ski & Snowboard Rental

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Ski & Snowboard Rental Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Ski & Snowboard Rental Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Ski & Snowboard Rental Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Per capita disposable income (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Inbound Trips
  • Flights into the United States from other countries.
  • Ski Boots
  • Boots with attachments to be connected to skis.
  • Snowboard Boots
  • Boots designed specifically to be connected to snowboards.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s industry research report on Ski & Snowboard Rental contains five-year forecasts and data analysis that can help you identify and mitigate risks in potential new markets. Position yourself as an expert with internal stakeholders by using our comprehensive industry research to inform your reports, proposals and presentations. Our business information will save you money by helping you make better decisions, faster.

    IBISWorld industry market research reports enable you to:
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    • Identify threats and opportunities
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    This report on Ski & Snowboard Rental:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Ski & Snowboard Rental market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Ski & Snowboard Rental, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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