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Germany's main stock market index, the DE40, fell to 23597 points on September 5, 2025, losing 0.73% from the previous session. Over the past month, the index has declined 1.37%, though it remains 28.93% higher than a year ago, according to trading on a contract for difference (CFD) that tracks this benchmark index from Germany. Germany Stock Market Index (DE40) - values, historical data, forecasts and news - updated on September of 2025.
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According to Cognitive Market Research, the global Snowboardings market size will be USD 315485.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 5.00% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 126194.4 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 94645.6 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 72561.6 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 15774.2 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 6309.7 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.
The All-mountain Boards Product Type held the highest Snowboardings market revenue share in 2024.
Market Dynamics of Snowboardings Market
Key Drivers for Snowboardings Market
Rising Popularity of Snow Sports to Increase the Demand Globally
Snowboarding has seen a rise in global popularity, especially in regions with a strong winter sports tradition like North America and Europe. This surge in winter sports participation is reflected in the growing number of enthusiasts, with nearly 29.9 million individuals—about 10% of the US population aged six and older—engaging in winter sports activities. For skiing, including alpine, freeski, and telemark (excluding Nordic or touring), participant numbers increased by 2% during the 2022-23 season. Specifically, the number of snowboarders grew by 817,000, with snowboard touring participants increasing by 100,000. This rise in participation rates is fueled by the sport's appeal to younger audiences and its prominent presence in major sports events, driving overall market growth. https://shop-eat-surf.com/2023/09/sia-releases-2022-23-participation-study/
Growing Winter Tourism to Propel Market Growth
The rising interest in winter tourism and adventure travel is boosting demand for snowboarding activities. Tourists looking for unique winter experiences are contributing to the expansion of the snowboarding market in sought-after destinations. Preliminary data from Statistics Austria shows that during the 2023/24 winter season, from November 2023 to April 2024, Austrian accommodation establishments recorded 71.12 million overnight stays and 19.99 million arrivals. This represents a 2.6% increase in overnight stays and a 5.5% rise in the number of guests compared to the previous winter season. Travel packages that offer snowboarding experiences, equipment rentals, and resort accommodations are attracting more visitors and driving participation. https://www.statistik.at/fileadmin/announcement/2024/05/20240529TourismusWintersaison2023_24EN.pdf
Restraint Factor for the Snowboardings Market
High Cost of Equipment and Gear to Limit the Sales
Snowboarding equipment, including boards, boots, bindings, and apparel, can be quite costly. This high initial investment may discourage potential participants, especially those new to the sport or with limited disposable income. Additionally, the expense of maintaining and repairing snowboarding gear, which is essential for ensuring safety and performance, adds to the overall cost. The sport also involves inherent risks of injury, such as falls and collisions, which can deter individuals from participating due to safety concerns. Moreover, higher insurance premiums for snowboarding-related injuries can be a barrier, particularly for casual or first-time riders.
Impact of Covid-19 on the Snowboardings Market
Travel restrictions and lockdowns significantly reduced mobility and restricted access to snowboarding resorts. As a result, many individuals were unable to visit popular snowboarding destinations, leading to decreased participation and a drop in tourism-related revenue. Additionally, the cancellation or postponement of major snowboarding events, such as the Winter X Games and local championships, diminished the sport's visibility and economic...
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Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Germany's main stock market index, the DE40, fell to 23597 points on September 5, 2025, losing 0.73% from the previous session. Over the past month, the index has declined 1.37%, though it remains 28.93% higher than a year ago, according to trading on a contract for difference (CFD) that tracks this benchmark index from Germany. Germany Stock Market Index (DE40) - values, historical data, forecasts and news - updated on September of 2025.