Synthetic Ice-Skating Rink Market By Type (Synthetic Ice Leisure Rinks, Synthetic Ice Hockey Rinks, Synthetic Ice Curling Rinks, Synthetic Ice Figure Skating Rinks, Others), By Application (Commercial Use, Residential Use, Others) and Region, Global Trends and forecast from 2024 to 2030

Synthetic Ice-Skating Rink Market Segmentation Analysis

The market for Synthetic Ice-Skating Rink is divided into segments according to type, application and region. The synthetic ice-skating rink market encompasses various types, including synthetic ice leisure rinks, hockey rinks, curling rinks, figure skating rinks, and others, catering to diverse applications such as commercial use, residential use, and others.

It is projected that synthetic ice-skating rinks will account for a significant 34% of the market for synthetic ice-skating rinks by 2022. This importance might be linked to the growing popularity of year-round ice-skating experiences, which is driving up demand for leisure and entertainment activities. Leisure rinks made of synthetic ice are an economical and sustainable substitute, as they don’t need continuous water supply or refrigeration systems. They appeal to both business and domestic customers because to their adaptability, which makes them appropriate for a range of recreational uses. The market’s preference for synthetic ice leisure rinks is indicative of a rising movement to make ice skating accessible and pleasant for people of all climates and locations.

When the Synthetic Ice-Skating Rink Market is broken down by type, Synthetic Ice Hockey Rinks account for a sizable portion (21%), followed closely by Synthetic Ice Curling Rinks (18%). This distribution highlights the prominence of curling and hockey-related activities as market categories within the synthetic ice rink industry. Curling rinks’ 18% share shows a rising interest in this specialized ice activity, while hockey rinks’ 21% share illustrates the sport’s continued appeal as a popular pastime. The market’s heterogeneous tastes and needs are taken into account when segmenting the market to serve both sports fans and those looking for unusual leisure opportunities on artificial ice.

The commercial usage sector is expected to lead the Synthetic Ice-Skating Rink Market in 2022 with a significant 53% market share, securing its position as the main source of income. The reason for this domination is the extensive usage of synthetic ice rinks in commercial environments, such amusement parks, malls, and entertainment venues, where a wide variety of patrons are drawn in by the allure of year-round ice-skating activities. The greater market share held by the commercial sector also indicates that companies looking to provide affordable and sustainable leisure options are beginning to see the value of investing in synthetic ice rinks. Since synthetic ice can be used for a wide range of events and user demographics, it is widely used in commercial applications and continues to hold the top spot in the market.

The residential usage sector of the synthetic ice-skating rink market accounts for a noteworthy 28% of the market, indicating a growing tendency among homeowners to include synthetic ice rinks for recreational and personal use. The allure of possessing a personal ice-skating area at home, independent of weather patterns, enhances the market presence of the residential sector. Furthermore, the 19% “Others” category includes a variety of uses, including event rentals, sports training facilities, and temporary installations; this suggests that synthetic ice rinks may be utilized in a variety of non-residential contexts. The market’s widespread appeal and the changing landscape of synthetic ice usage outside of traditional ice arenas are highlighted by the combined effect of residential adoption and adaptable applications in other industries.

Synthetic Ice-Skating Rink Market Dynamics

Driver

Growing environmental consciousness is in favor of synthetic ice since it does away with the necessity for energy-intensive refrigeration equipment.

Since synthetic ice solutions do not require the energy-intensive refrigeration equipment often connected with maintaining natural ice rinks, the growing environmental consciousness is in favor of them. Because synthetic ice rinks don’t require constant refrigeration, they use a lot less energy and have a smaller carbon imprint. This responds to worries about the effects of traditional ice rinks on the environment and is in line with global sustainability aspirations. The intrinsic energy efficiency of synthetic ice plays a major role in driving its rising appeal as environmental awareness grows worldwide. This benefit not only lowers operating expenses for rink operators but also establishes synthetic ice as a more environmentally friendly substitute, especially in areas where preserving energy is of utmost importance. The transition to artificial ice, motivated by its environmental benefits, showcases the industry’s commitment to greener solutions and contributes to a more sustainable future for ice-skating activities.

Restraint

The initial expenses associated with erecting synthetic ice rinks, which include the procurement of superior materials, provide a challenge to the market’s expansion.

The initial costs associated with building synthetic ice rinks present a barrier to the market. These expenses cover the purchase of premium materials required to produce a long-lasting and functional artificial ice surface. The initial outlay may be substantial and may include specialized polymers or sophisticated materials that simulate the characteristics of real ice. This creates a barrier to entry for prospective rink operators, particularly for smaller companies or nonprofits with little budgets. It’s important to remember, though, that although while synthetic ice rinks may initially cost more, they frequently provide long-term cost benefits over traditional ice rinks in terms of maintenance and cooling costs. Overcoming this challenge requires strategic pricing models, financing options, and effective communication of the long-term economic benefits associated with synthetic ice rinks, emphasizing their durability, low maintenance requirements, and overall cost-effectiveness in the extended operational period.

Opportunities

Synthetic ice rinks offer the opportunity for year-round ice-skating activities, overcoming the limitations posed by weather-dependent natural ice rinks.

Although they solve the problem of year-round ice-skating, synthetic ice rinks provide a special opportunity that successfully gets beyond the fundamental drawbacks of weather-dependent natural ice rinks. Because synthetic ice is not affected by weather fluctuations, it may be used year-round, independent of seasonal variations, in contrast to traditional rinks that depend on freezing temperatures for ice formation. This year-round availability is especially helpful in areas with higher temperatures, where it is difficult or impossible to get natural ice. For operators of synthetic ice rinks, the capacity to provide reliable ice-skating experiences increases utilization and income possibilities. In addition to weather concerns, the year-round accessibility serves a variety of users, such as athletes, event planners, and leisure skaters, providing a stable and dependable setting for ice-related activities regardless of outside environmental conditions.

Synthetic Ice-Skating Rink Market Trends

• Environmental consciousness is shaping the market, with synthetic ice’s reduced water consumption and energy usage compared to traditional rinks making it a compelling choice. Leading players like Glice are highlighting their commitment to sustainability, resonating with eco-conscious communities and driving market growth.

• The industry is brimming with innovation, with companies like Glice’s revolutionary GMX Panel pushing boundaries. This modular system boasts enhanced glide, superior puck control, and unmatched durability, transforming hockey training and attracting new customers.

• The market is no longer a one-trick pony. Residential use is booming, with families and individuals embracing backyard rinks for personal enjoyment and fitness. Additionally, synthetic ice is finding its way into event spaces, therapeutic centers, and community hubs, diversifying the market and fueling its expansion.

• Emerging technologies are integrating seamlessly, enhancing the rink experience. From touch-screen scoreboards to interactive games projected onto the ice, companies are exploring innovative ways to keep skaters engaged and entertained.

• The market is becoming more inclusive, with manufacturers developing products catering to diverse needs and abilities. Ramps and adaptive equipment are making ice skating accessible to individuals with disabilities, while portable rinks are bringing the joy of skating to remote communities.

Competitive Landscape

The competitive landscape of the Synthetic Ice-Skating Rink market was dynamic, with several prominent companies competing to provide innovative and advanced Synthetic Ice-Skating Rink.

1. Glice
2. Xtraice
3. PolyGlide Ice
4. EZ Glide 350
5. Synthetic Ice Solutions
6. SmartRink
7. KwikRink Synthetic Ice
8. Synthetic Ice Events
9. HockeyShot
10. Rhino Sports
11. Jet Ice
12. KwikRink V
13. Super-Glide
14. Plast-ice
15. Ice-World
16. Magic Ice USA
17. D1 Backyard Rinks
18. PolyGlide Synthetic Ice Rinks
19. Plastic Ice Rink Company
20. Viking Ice

Recent Developments:

12 June 2023 – Atomic Hockey, the leading skating and skill development facility in Vancouver, is thrilled to announce the expansion of its partnership with HockeyShot, a renowned provider of innovative hockey training equipment and solutions.

Regional Analysis

With the greatest market share of 34%, North America continues to hold a leading position in the Synthetic Ice-Skating Rink industry. A strong sports culture, especially in ice-related sports like figure skating and ice hockey, is responsible for this ongoing leadership. Furthermore, North America’s market supremacy is attributed to its capacity to adapt to novel recreational solutions and its preference for technology developments in sports infrastructure. since of the region’s varied environment, which includes both warm and cold regions, artificial ice rinks are popular since they are accessible all year round. The strong market presence in North America confirms the region’s leadership position in determining the direction of the synthetic ice-skating rink industry and highlights the ongoing need for synthetic ice solutions.

With a strong presence in the industry, Europe holds the second-largest market share in the Synthetic Ice-Skating Rink market. This is explained by the strong ice hockey and figure skating cultures that exist across Europe. Due to the region’s varied temperature, which includes both colder and warmer zones, artificial ice rinks provide a flexible alternative to the limits of weather-dependent natural ice. Moreover, synthetic ice’s environmental benefits are in line with Europe’s emphasis on eco-friendly and sustainable activities, which has helped to gain market acceptability for the product. Europe has a rich sporting heritage, a varied climate, and environmental factors that make it a major role in determining the market landscape for synthetic ice-skating rinks.

Target Audience for Synthetic Ice-Skating Rink

• Recreational Facilities
• Ice Sports Enthusiasts
• Skating Rink Operators
• Sports Complexes
• Educational Institutions
• Event Organizers
• Municipalities
• Shopping Malls
• Fitness Centers
• Entertainment Venues
• Hockey Training Centers
• Figure Skating Academies

Segments Covered in the Synthetic Ice-Skating Rink Market Report

Synthetic Ice-Skating Rink Market by Type

• Synthetic Ice Leisure Rinks
• Synthetic Ice Hockey Rinks
• Synthetic Ice Curling Rinks
• Synthetic Ice Figure Skating Rinks
• Others

Synthetic Ice-Skating Rink Market by Application

• Commercial Use
• Residential Use
• Others

Synthetic Ice-Skating Rink Market by Region

• North America
• Europe
• Asia Pacific
• South America
• Middle East and Africa

Key Question Answered

• What is the expected growth rate of the Synthetic Ice-Skating Rink market over the next 7 years?

• Who are the major players in the Synthetic Ice-Skating Rink market and what is their market share?

• What are the end-user industries driving market demand and what is their outlook?

• What are the opportunities for growth in emerging markets such as Asia-pacific, the middle east, and Africa?

• How is the economic environment affecting the Synthetic Ice-Skating Rink market, including factors such as interest rates, inflation, and exchange rates?

• What is the expected impact of government policies and regulations on the Synthetic Ice-Skating Rink market?

• What is the current and forecasted size and growth rate of the global Synthetic Ice-Skating Rink market?

• What are the key drivers of growth in the Synthetic Ice-Skating Rink market?

• Who are the major players in the market and what is their market share?

• What are the distribution channels and supply chain dynamics in the Synthetic Ice-Skating Rink market?

• What are the technological advancements and innovations in the Synthetic Ice-Skating Rink market and their impact on product development and growth?

• What are the regulatory considerations and their impact on the market?

• What are the challenges faced by players in the Synthetic Ice-Skating Rink market and how are they addressing these challenges?

• What are the opportunities for growth and expansion in the Synthetic Ice-Skating Rink market?

• What are the service offered and specifications of leading players in the market?