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The Skating industry: A dynamic and growing sector

David Ijaseun by David Ijaseun
January 14, 2023
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Team USA regular-footed skateboarder Jordyn Barratt, 20202021 Tokyo Summer Olympics
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The skating industry is a vibrant and growing sector that encompasses a wide range of activities, products, and services. From ice skating and roller skating to skateboarding and inline skating, the industry offers a diverse array of experiences and opportunities for participants and enthusiasts.

The growing popularity of skating as a leisure activity is one of the key drivers of the skating industry.

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Skating is a fun and exciting way for people of all ages and abilities to stay active and healthy. It has seen a surge in participation in recent years, with more and more people taking up the sport as a way to stay fit and have fun.

According to the global Skateboard Market 2022 research report, the Skateboard market is expected to be worth US$ 148.2 million in 2022 and US$ 166.8 million by 2028, with a CAGR of 2.0% during the review period.

In addition, the skating industry includes a variety of products and services that support and enhance the skating experience. Skating rinks and skate parks, as well as skating equipment and apparel, are all included.

Skating rinks and parks offer a safe and controlled skating environment, as well as a variety of amenities and services such as skate rentals, lessons, and food and beverage options.
Skating equipment, such as skates, helmets, and protective gear, is also an important part of the industry, and it is necessary for skaters’ safety and enjoyment.

The skating industry has a significant economic impact in addition to leisure and recreation. From rink and park operators to skating instructors and equipment manufacturers, the industry employs a large number of people. It also earns a lot of money, both directly from skating and indirectly from the sale of related products and services.

To summarise, the skating industry is a diverse and dynamic sector that provides participants and enthusiasts with a diverse range of experiences and opportunities. With its increasing popularity and economic impact, the industry is well positioned for future growth and success.

Tags: skate shoesskateboardSkating

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