Ice Hockey Equipment Market

Ice Hockey Equipment Market Size, Share, Growth Analysis, By Product Type(Protective Wear, Sticks), By Distribution Channel(Online, Offline), By Region(North America, Europe) - Industry Forecast 2024-2031

Report ID: UCMIG25J2024 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Ice Hockey Equipment Market Insights

Market Overview:

In 2018, the worldwide ice hockey equipment market was worth USD 847.4 million. The increased participation of ice hocKEY PLAYERS and the increasing availability of synthetic ice venues are expected to drive the industry. Furthermore, favourable government initiatives to promote ice hockey are likely to boost involvement, pushing market growth throughout the forecast period.

Ice Hockey Equipment Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
ForecastGrowthRate
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Leisure Products by segment aggregation, the contribution of the Leisure Products in Consumer Durables & Apparel and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

Segmentation Analysis:

The Ice Hockey Equipment Market is segmented by Product Type, Distribution Channel, Region. We are analyzing the market of these segments to identify which segment is the largest now and in the future, which segment has the highest growth rate, and the segment which offers the opportunity in the future.

Ice Hockey Equipment Market Basis Point Share Analysis, 2021 Vs. 2028
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  • Based on Product Type the market is segmented as, Protective Wear, Sticks, Skates, Other
  • Based on Distribution Channel the market is segmented as, Online, Offline
  • Based on Region the market is segmented as, North America, Europe, Asia Pacific, Latin America

Regional Analysis:

Ice Hockey Equipment Market is being analyzed by North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA) regions. Key countries including the U.S., Canada, Germany, France, UK, Italy, Spain, China, India, Japan, Brazil, GCC Countries, and South Africa among others were analyzed considering various micro and macro trends.

Ice Hockey Equipment Market Attractiveness Analysis, By Region 2020-2028
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Ice Hockey Equipment Market : Risk Analysis

SkyQuest's expert analysts have conducted a risk analysis to understand the impact of external extremities on Ice Hockey Equipment Market. We analyzed how geopolitical influence, natural disasters, climate change, legal scenario, economic impact, trade & economic policies, social & ethnic concerns, and demographic changes might affect Ice Hockey Equipment Market's supply chain, distribution, and total revenue growth.

Competitive landscaping:

To understand the competitive landscape, we are analyzing key Ice Hockey Equipment Market vendors in the market. To understand the competitive rivalry, we are comparing the revenue, expenses, resources, product portfolio, region coverage, market share, key initiatives, product launches, and any news related to the Ice Hockey Equipment Market.

To validate our hypothesis and validate our findings on the market ecosystem, we are also conducting a detailed porter's five forces analysis. Competitive Rivalry, Supplier Power, Buyer Power, Threat of Substitution, and Threat of New Entry each force is analyzed by various parameters governing those forces.

Key Players Covered in the Report:

  • . Ice hockey is a collision sport and major injuries occur due to contact with other players, sticks, the puck, and boards. Other serious injuries like concussions, broken teeth, and spinal cord injuries are also witnessed in this sport. According to the British Columbia Injury Research and Prevention Unit, Ice Hockey has been ranked third in emergency room visits and about 15% of injuries are head concussions. Such surveys are influencing manufacturers to invest in product innovation to provide maximum safety to the players. This is expected to fuel the product demand from 2019 to 2025.
  • Ice hockey sticks is another prominent segment anticipated to witness significant growth in the forecast period. Shelf life of the sticks is the major factor driving the consumption of this product. On average, a novice hockey player changes his hockey stick at least twice a year even if he does not play regularly. Durability of hockey sticks depends on factors such as the raw material used to construct the stick, the playing position in the team, and frequency of play. Increased frequency of play reduces the stiffness of the stick due to which an upgrade is recommended. These factors are expected to fuel the segment growth during the projected period.
  • Distribution Channel Insights
  • Offline distribution of ice hockey equipment occupied 86.6% share of the global revenue in 2018. Major reason for sales via offline channel is the presence of retail outlets of global manufacturers across the world. High visibility of sports specialty stores is another factor driving the sales through offline channel. In addition, players require hockey equipment of the correct size and fit to ensure comfort during the play.
  • Moreover, sizing guides have been provided by USA Hockey to help the players choose their equipment. For instance, USA hockey has mentioned that a hockey stick is supposed to measure 63 inches from heel to the end of the shaft. In case of equipment violation, the player or goalkeeper can attract a minor penalty. Hence, players tend to personally visit the offline stores to buy equipment.
  • Moreover, various training camps that have their own ice arenas for training and organizing championships drive the offline sales of ice hockey equipment. This segment is expected to maintain its lead owing to increasing market penetration in countries like Japan, Korea, Australia, and South Africa, which are witnessing an increase in the number of hocKEY PLAYERS.
  • Online sales of ice hockey equipment are expected to expand at a CAGR of 4.2% from 2019 to 2025. Global manufacturers are launching their own websites to introduce product launches and display their product portfolio. Due to the increased penetration of internet services all over the world, companies are focusing on leveraging digital technology to expand their customer base. Moreover, due to increase in consumption of mobiles and tablets, many sports manufactures are launching their apps to promote online sales.
  • Other factors contributing to the segment growth are reviews and blogs about the products on various e-commerce websites by consumers who have completed the purchase. This feature is beneficial to both the consumer and product manufacturers. Moreover, online channels do not require heavy investment as the need to maintain an inventory is eliminated. This is expected to fuel investment in digital marketing by companies to drive online sales during the forecast period.
  • Regional Insights
  • In terms of revenue, the market in North America accounted for a share of 67.2% in 2018. Majority of the global sales were driven by Canada owing to ice hockey being the national sport in the country. U.S. is another important nation witnessing a rise in participation rate due to increase in U.S. based championships and tournaments for kids and young adults under 19-8 years of age.
  • Rest of the world including Asia Pacific and Middle East countries are anticipated to witness substantial growth during the forecast period. Increase in availability of synthetic ice rinks, along with rising interest in sports, is expected to positively influence market demand in this region. The Commonwealth of Independent States is expected to expand at a CAGR of 4.4% over the forecast period. Russia dominated the regional market with an 89.5% share in 2018. Increasing participation from countries like Kazakhstan and Belarus is anticipated to fuel market growth in this region.
  • KEY MARKET SEGMENTS
  • By Product Type
  • Protective Wear
  • Sticks
  • Skates
  • Other
  • By Distribution Channel
  • Online
  • Offline
  • By Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA
  • KEY PLAYERS
  • Peak Achievement Athletics Inc. (Bauer)
  • Birch Hill Equity Partners (CCM)
  • Canadian Tire Corp. (SherWood)
  • New Balance (Warrior)
  • Grafskates AG
  • Vaughn Hockey
  • Jofa

SkyQuest's Expertise:

The Ice Hockey Equipment Market is being analyzed by SkyQuest's analysts with the help of 20+ scheduled Primary interviews from both the demand and supply sides. We have already invested more than 250 hours on this report and are still refining our date to provide authenticated data to your readers and clients. Exhaustive primary and secondary research is conducted to collect information on the market, peer market, and parent market.

Our cross-industry experts and revenue-impact consultants at SkyQuest enable our clients to convert market intelligence into actionable, quantifiable results through personalized engagement.

Scope Of Report

Report Attribute Details
The base year for estimation 2021
Historical data 2016 – 2022
Forecast period 2022 – 2028
Report coverage Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis
Segments covered
  • By Product Type - Protective Wear, Sticks, Skates, Other
  • By Distribution Channel - Online, Offline
  • By Region - North America, Europe, Asia Pacific, Latin America
Regional scope North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA)
Country scope U.S., Canada, Germany, France, UK, Italy, Spain, China, India, Japan, Brazil, GCC Countries, South Africa
Key companies profiled
  • . Ice hockey is a collision sport and major injuries occur due to contact with other players, sticks, the puck, and boards. Other serious injuries like concussions, broken teeth, and spinal cord injuries are also witnessed in this sport. According to the British Columbia Injury Research and Prevention Unit, Ice Hockey has been ranked third in emergency room visits and about 15% of injuries are head concussions. Such surveys are influencing manufacturers to invest in product innovation to provide maximum safety to the players. This is expected to fuel the product demand from 2019 to 2025.
  • Ice hockey sticks is another prominent segment anticipated to witness significant growth in the forecast period. Shelf life of the sticks is the major factor driving the consumption of this product. On average, a novice hockey player changes his hockey stick at least twice a year even if he does not play regularly. Durability of hockey sticks depends on factors such as the raw material used to construct the stick, the playing position in the team, and frequency of play. Increased frequency of play reduces the stiffness of the stick due to which an upgrade is recommended. These factors are expected to fuel the segment growth during the projected period.
  • Distribution Channel Insights
  • Offline distribution of ice hockey equipment occupied 86.6% share of the global revenue in 2018. Major reason for sales via offline channel is the presence of retail outlets of global manufacturers across the world. High visibility of sports specialty stores is another factor driving the sales through offline channel. In addition, players require hockey equipment of the correct size and fit to ensure comfort during the play.
  • Moreover, sizing guides have been provided by USA Hockey to help the players choose their equipment. For instance, USA hockey has mentioned that a hockey stick is supposed to measure 63 inches from heel to the end of the shaft. In case of equipment violation, the player or goalkeeper can attract a minor penalty. Hence, players tend to personally visit the offline stores to buy equipment.
  • Moreover, various training camps that have their own ice arenas for training and organizing championships drive the offline sales of ice hockey equipment. This segment is expected to maintain its lead owing to increasing market penetration in countries like Japan, Korea, Australia, and South Africa, which are witnessing an increase in the number of hocKEY PLAYERS.
  • Online sales of ice hockey equipment are expected to expand at a CAGR of 4.2% from 2019 to 2025. Global manufacturers are launching their own websites to introduce product launches and display their product portfolio. Due to the increased penetration of internet services all over the world, companies are focusing on leveraging digital technology to expand their customer base. Moreover, due to increase in consumption of mobiles and tablets, many sports manufactures are launching their apps to promote online sales.
  • Other factors contributing to the segment growth are reviews and blogs about the products on various e-commerce websites by consumers who have completed the purchase. This feature is beneficial to both the consumer and product manufacturers. Moreover, online channels do not require heavy investment as the need to maintain an inventory is eliminated. This is expected to fuel investment in digital marketing by companies to drive online sales during the forecast period.
  • Regional Insights
  • In terms of revenue, the market in North America accounted for a share of 67.2% in 2018. Majority of the global sales were driven by Canada owing to ice hockey being the national sport in the country. U.S. is another important nation witnessing a rise in participation rate due to increase in U.S. based championships and tournaments for kids and young adults under 19-8 years of age.
  • Rest of the world including Asia Pacific and Middle East countries are anticipated to witness substantial growth during the forecast period. Increase in availability of synthetic ice rinks, along with rising interest in sports, is expected to positively influence market demand in this region. The Commonwealth of Independent States is expected to expand at a CAGR of 4.4% over the forecast period. Russia dominated the regional market with an 89.5% share in 2018. Increasing participation from countries like Kazakhstan and Belarus is anticipated to fuel market growth in this region.
  • KEY MARKET SEGMENTS
  • By Product Type
  • Protective Wear
  • Sticks
  • Skates
  • Other
  • By Distribution Channel
  • Online
  • Offline
  • By Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA
  • KEY PLAYERS
  • Peak Achievement Athletics Inc. (Bauer)
  • Birch Hill Equity Partners (CCM)
  • Canadian Tire Corp. (SherWood)
  • New Balance (Warrior)
  • Grafskates AG
  • Vaughn Hockey
  • Jofa
Customization scope Free report customization (15% Free customization) with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options Reap the benefits of customized purchase options to fit your specific research requirements.

Objectives of the Study

  • To forecast the market size, in terms of value, for various segments with respect to five main regions, namely, North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA)
  • To provide detailed information regarding the major factors influencing the growth of the Market (drivers, restraints, opportunities, and challenges)
  • To strategically analyze the micro markets with respect to the individual growth trends, future prospects, and contribution to the total market
  • To provide a detailed overview of the value chain and analyze market trends with the Porter's five forces analysis
  • To analyze the opportunities in the market for various stakeholders by identifying the high-growth Segments
  • To identify the key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for the market leaders
  • To analyze competitive development such as joint ventures, mergers and acquisitions, new product launches and development, and research and development in the market

What does this Report Deliver?

  • Market Estimation for 20+ Countries
  • Historical data coverage: 2016 to 2022
  • Growth projections: 2022 to 2028
  • SkyQuest's premium market insights: Innovation matrix, IP analysis, Production Analysis, Value chain analysis, Technological trends, and Trade analysis
  • Customization on Segments, Regions, and Company Profiles
  • 100+ tables, 150+ Figures, 10+ matrix
  • Global and Country Market Trends
  • Comprehensive Mapping of Industry Parameters
  • Attractive Investment Proposition
  • Competitive Strategies Adopted by Leading Market Participants
  • Market drivers, restraints, opportunities, and its impact on the market
  • Regulatory scenario, regional dynamics, and insights of leading countries in each region
  • Segment trends analysis, opportunity, and growth
  • Opportunity analysis by region and country
  • Porter's five force analysis to know the market's condition
  • Pricing analysis
  • Parent market analysis
  • Product portfolio benchmarking

Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Ice Hockey Equipment Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Ice Hockey Equipment Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)
  • . Ice hockey is a collision sport and major injuries occur due to contact with other players, sticks, the puck, and boards. Other serious injuries like concussions, broken teeth, and spinal cord injuries are also witnessed in this sport. According to the British Columbia Injury Research and Prevention Unit, Ice Hockey has been ranked third in emergency room visits and about 15% of injuries are head concussions. Such surveys are influencing manufacturers to invest in product innovation to provide maximum safety to the players. This is expected to fuel the product demand from 2019 to 2025.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Ice hockey sticks is another prominent segment anticipated to witness significant growth in the forecast period. Shelf life of the sticks is the major factor driving the consumption of this product. On average, a novice hockey player changes his hockey stick at least twice a year even if he does not play regularly. Durability of hockey sticks depends on factors such as the raw material used to construct the stick, the playing position in the team, and frequency of play. Increased frequency of play reduces the stiffness of the stick due to which an upgrade is recommended. These factors are expected to fuel the segment growth during the projected period.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Distribution Channel Insights
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Offline distribution of ice hockey equipment occupied 86.6% share of the global revenue in 2018. Major reason for sales via offline channel is the presence of retail outlets of global manufacturers across the world. High visibility of sports specialty stores is another factor driving the sales through offline channel. In addition, players require hockey equipment of the correct size and fit to ensure comfort during the play.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Moreover, sizing guides have been provided by USA Hockey to help the players choose their equipment. For instance, USA hockey has mentioned that a hockey stick is supposed to measure 63 inches from heel to the end of the shaft. In case of equipment violation, the player or goalkeeper can attract a minor penalty. Hence, players tend to personally visit the offline stores to buy equipment.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Moreover, various training camps that have their own ice arenas for training and organizing championships drive the offline sales of ice hockey equipment. This segment is expected to maintain its lead owing to increasing market penetration in countries like Japan, Korea, Australia, and South Africa, which are witnessing an increase in the number of hocKEY PLAYERS.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Online sales of ice hockey equipment are expected to expand at a CAGR of 4.2% from 2019 to 2025. Global manufacturers are launching their own websites to introduce product launches and display their product portfolio. Due to the increased penetration of internet services all over the world, companies are focusing on leveraging digital technology to expand their customer base. Moreover, due to increase in consumption of mobiles and tablets, many sports manufactures are launching their apps to promote online sales.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Other factors contributing to the segment growth are reviews and blogs about the products on various e-commerce websites by consumers who have completed the purchase. This feature is beneficial to both the consumer and product manufacturers. Moreover, online channels do not require heavy investment as the need to maintain an inventory is eliminated. This is expected to fuel investment in digital marketing by companies to drive online sales during the forecast period.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Regional Insights
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • In terms of revenue, the market in North America accounted for a share of 67.2% in 2018. Majority of the global sales were driven by Canada owing to ice hockey being the national sport in the country. U.S. is another important nation witnessing a rise in participation rate due to increase in U.S. based championships and tournaments for kids and young adults under 19-8 years of age.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Rest of the world including Asia Pacific and Middle East countries are anticipated to witness substantial growth during the forecast period. Increase in availability of synthetic ice rinks, along with rising interest in sports, is expected to positively influence market demand in this region. The Commonwealth of Independent States is expected to expand at a CAGR of 4.4% over the forecast period. Russia dominated the regional market with an 89.5% share in 2018. Increasing participation from countries like Kazakhstan and Belarus is anticipated to fuel market growth in this region.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • KEY MARKET SEGMENTS
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Product Type
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Protective Wear
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Sticks
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Skates
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Other
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Distribution Channel
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Online
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Offline
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Region
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • North America
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Europe
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Asia Pacific
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Latin America
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • MEA
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • KEY PLAYERS
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Peak Achievement Athletics Inc. (Bauer)
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Birch Hill Equity Partners (CCM)
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Canadian Tire Corp. (SherWood)
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • New Balance (Warrior)
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Grafskates AG
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Vaughn Hockey
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Jofa
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments

Methodology

For the Ice Hockey Equipment Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Ice Hockey Equipment Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

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Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

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FAQs

The global market for Ice Hockey Equipment was estimated to be valued at US$ XX Mn in 2021.

The global Ice Hockey Equipment Market is estimated to grow at a CAGR of XX% by 2028.

The global Ice Hockey Equipment Market is segmented on the basis of Product Type, Distribution Channel, Region.

Based on region, the global Ice Hockey Equipment Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the global Ice Hockey Equipment Market are . Ice hockey is a collision sport and major injuries occur due to contact with other players, sticks, the puck, and boards. Other serious injuries like concussions, broken teeth, and spinal cord injuries are also witnessed in this sport. According to the British Columbia Injury Research and Prevention Unit, Ice Hockey has been ranked third in emergency room visits and about 15% of injuries are head concussions. Such surveys are influencing manufacturers to invest in product innovation to provide maximum safety to the players. This is expected to fuel the product demand from 2019 to 2025., Ice hockey sticks is another prominent segment anticipated to witness significant growth in the forecast period. Shelf life of the sticks is the major factor driving the consumption of this product. On average, a novice hockey player changes his hockey stick at least twice a year even if he does not play regularly. Durability of hockey sticks depends on factors such as the raw material used to construct the stick, the playing position in the team, and frequency of play. Increased frequency of play reduces the stiffness of the stick due to which an upgrade is recommended. These factors are expected to fuel the segment growth during the projected period., Distribution Channel Insights, Offline distribution of ice hockey equipment occupied 86.6% share of the global revenue in 2018. Major reason for sales via offline channel is the presence of retail outlets of global manufacturers across the world. High visibility of sports specialty stores is another factor driving the sales through offline channel. In addition, players require hockey equipment of the correct size and fit to ensure comfort during the play., Moreover, sizing guides have been provided by USA Hockey to help the players choose their equipment. For instance, USA hockey has mentioned that a hockey stick is supposed to measure 63 inches from heel to the end of the shaft. In case of equipment violation, the player or goalkeeper can attract a minor penalty. Hence, players tend to personally visit the offline stores to buy equipment., Moreover, various training camps that have their own ice arenas for training and organizing championships drive the offline sales of ice hockey equipment. This segment is expected to maintain its lead owing to increasing market penetration in countries like Japan, Korea, Australia, and South Africa, which are witnessing an increase in the number of hocKEY PLAYERS., Online sales of ice hockey equipment are expected to expand at a CAGR of 4.2% from 2019 to 2025. Global manufacturers are launching their own websites to introduce product launches and display their product portfolio. Due to the increased penetration of internet services all over the world, companies are focusing on leveraging digital technology to expand their customer base. Moreover, due to increase in consumption of mobiles and tablets, many sports manufactures are launching their apps to promote online sales., Other factors contributing to the segment growth are reviews and blogs about the products on various e-commerce websites by consumers who have completed the purchase. This feature is beneficial to both the consumer and product manufacturers. Moreover, online channels do not require heavy investment as the need to maintain an inventory is eliminated. This is expected to fuel investment in digital marketing by companies to drive online sales during the forecast period., Regional Insights, In terms of revenue, the market in North America accounted for a share of 67.2% in 2018. Majority of the global sales were driven by Canada owing to ice hockey being the national sport in the country. U.S. is another important nation witnessing a rise in participation rate due to increase in U.S. based championships and tournaments for kids and young adults under 19-8 years of age., Rest of the world including Asia Pacific and Middle East countries are anticipated to witness substantial growth during the forecast period. Increase in availability of synthetic ice rinks, along with rising interest in sports, is expected to positively influence market demand in this region. The Commonwealth of Independent States is expected to expand at a CAGR of 4.4% over the forecast period. Russia dominated the regional market with an 89.5% share in 2018. Increasing participation from countries like Kazakhstan and Belarus is anticipated to fuel market growth in this region., KEY MARKET SEGMENTS, By Product Type , Protective Wear, Sticks, Skates, Other, By Distribution Channel , Online, Offline, By Region, North America, Europe, Asia Pacific, Latin America, MEA, KEY PLAYERS , Peak Achievement Athletics Inc. (Bauer), Birch Hill Equity Partners (CCM), Canadian Tire Corp. (SherWood), New Balance (Warrior), Grafskates AG, Vaughn Hockey, Jofa.

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Ice Hockey Equipment Market

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