糖心vlog传媒

logo

Ice Hockey Equipment Market Size (2024 - 2029)

The ice hockey equipment market is experiencing growth driven by increasing participation in sports activities, influenced by health trends, social media, and international sports events. Government initiatives and consumer investment in ice hockey are significant contributors to market expansion. Protective wear holds a substantial market share due to the prevalence of injuries in the sport, prompting innovations in safety equipment. The rise of online shopping channels is also enhancing market dynamics by allowing vendors to reduce costs and improve profit margins.

Home Market Analysis Consumer Goods and Services Research Sports and Fitness Research Sports Equipment and Apparel Research Ice Hockey Equipment Research Ice Hockey Equipment Market Market Size

Market Size of Ice Hockey Equipment Industry

Ice Hockey Equipment Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 4.94 %
Fastest Growing Market Asia Pacific
Largest Market Europe
Market Concentration High

Major Players

Ice Hockey Equipment Market Major Players

*Disclaimer: Major Players sorted in no particular order

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:

Ice Hockey Equipment Market Analysis

The Global Ice Hockey Equipment Market is estimated at USD 1.91 billion in 2023. It is projected to reach USD 2.43 billion by 2028, growing at a CAGR of 4.94% during the forecast period (2023-2028).

The prominence of sports activities, owing to health and wellness trends, the increasing social media influence, celebrity endorsements, and the rise in international sports events encourage people to engage in sports activities. Also, the growing adoption of a healthy lifestyle and the preference for staying fit urged people to engage in various sports activities, including ice hockey, across all age groups. Such factors are expected to drive market growth during the study period.

Increasing government initiatives to encourage participation in ice hockey are dragging the consumers and players to invest their spending, a significant factor driving the market eventually. Protective wear occupied the largest market share in the past few years due to severe injuries such as head concussions, shoulder separation, and ankle sprains that are common in ice hockey. According to an article published in the British Journal of Sports Medicine, 39.8% of injuries were related to the head and face. As a result, CCM, one of the key manufacturers of ice hockey equipment, launched the Resistance Helmet, one of the most innovative ice hockey helmets in Canada.

Similar product launches to improve safety are anticipated to contribute to the market growth during the forecast period. Due to rising penetration of online shopping channels, most vendors are adopting online retail strategies to reduce costs and increase their margins, which is expected to benefit the market during the forecast period.

Ice Hockey Equipment Industry Segmentation

Ice hockey equipment is used to facilitate the play and protect players from severe injuries. The global ice hockey equipment market is segmented by product type into ice hockey skates, sticks, and protective gear and accessories. By distribution channels, the market is segmented into offline and online retail stores. The study also covers the global analysis of the central regions of North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. The market sizing has been done in value terms in USD for all the abovementioned segments.

Product Type
Ice Hockey Skates
Ice Hockey Sticks
Ice Hockey Protective Gear and Accessories
Distribution Channel
Offline Retail Stores
Online Retail Stores
Geography
North America
United States
Canada
Rest of North America
Europe
Russia
Finland
Sweden
Czech Republic
Switzerland
Germany
France
United Kingdom
Rest of Europe
Asia-Pacific
China
Japan
Rest of Asia-Pacific
South America
Middle East & Africa
Need A Different Region Or Segment?
Customize Now

Ice Hockey Equipment Market Size Summary

The global ice hockey equipment market is experiencing a robust growth trajectory, driven by the increasing popularity of ice hockey as a sport worldwide. This surge in demand is fueled by the rising health and wellness trends, the influence of social media, and the proliferation of international sports events, which encourage broader participation across various age groups. Government initiatives aimed at boosting sports participation, particularly among youth, are further propelling market expansion. Protective gear remains a significant segment within the market, addressing the need for safety due to the high incidence of injuries in the sport. Innovations in equipment, such as advanced helmets, are expected to continue contributing to market growth. The shift towards online retail strategies by vendors is also anticipated to enhance market dynamics by reducing costs and increasing profit margins.

Regionally, Asia-Pacific is emerging as the fastest-growing market, with countries like China, Australia, and Japan leading the charge. The hosting of international tournaments and government campaigns to promote winter sports are key factors driving demand in this region. The competitive landscape of the market is characterized by the presence of several domestic and international players, with major companies investing in research and development to maintain their market positions. Strategic acquisitions and partnerships, such as those by Sport Maska Inc. and Sigmatex, are helping companies expand their product offerings and strengthen their market presence. The focus on innovation in product design and functionality is providing companies with a sustainable competitive advantage, as they strive to meet the evolving needs of ice hockey players globally.

Explore More

Ice Hockey Equipment Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Drivers

      1. 1.1.1 Favorable Government Initiatives

      2. 1.1.2 Strong Focus on Infrastructure Developments

    2. 1.2 Market Restraints

      1. 1.2.1 Consumers Shift Towards Video Games and E-Sports

      2. 1.2.2 High Injury and Accidents Rates

    3. 1.3 Porter's Five Forces Analysis

      1. 1.3.1 Bargaining Power of Suppliers

      2. 1.3.2 Bargaining Power of Buyers/Consumers

      3. 1.3.3 Threat of New Entrants

      4. 1.3.4 Threat of Substitute Products

      5. 1.3.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 Product Type

      1. 2.1.1 Ice Hockey Skates

      2. 2.1.2 Ice Hockey Sticks

      3. 2.1.3 Ice Hockey Protective Gear and Accessories

    2. 2.2 Distribution Channel

      1. 2.2.1 Offline Retail Stores

      2. 2.2.2 Online Retail Stores

    3. 2.3 Geography

      1. 2.3.1 North America

        1. 2.3.1.1 United States

        2. 2.3.1.2 Canada

        3. 2.3.1.3 Rest of North America

      2. 2.3.2 Europe

        1. 2.3.2.1 Russia

        2. 2.3.2.2 Finland

        3. 2.3.2.3 Sweden

        4. 2.3.2.4 Czech Republic

        5. 2.3.2.5 Switzerland

        6. 2.3.2.6 Germany

        7. 2.3.2.7 France

        8. 2.3.2.8 United Kingdom

        9. 2.3.2.9 Rest of Europe

      3. 2.3.3 Asia-Pacific

        1. 2.3.3.1 China

        2. 2.3.3.2 Japan

        3. 2.3.3.3 Rest of Asia-Pacific

      4. 2.3.4 South America

      5. 2.3.5 Middle East & Africa

Ice Hockey Equipment Market Size FAQs

The Ice Hockey Equipment Market is projected to register a CAGR of 4.94% during the forecast period (2024-2029)

BAUER Hockey, LLC, New Balance, Inc. (Warrior Sports), Wm. T. Burnett & Co. Inc. (STX) , CCM Hockey and True Temper Sports are the major companies operating in the Ice Hockey Equipment Market.

Ice Hockey Equipment Market Report Snapshots

Ice Hockey Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)