Global Ice Hockey Equipment Market, Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2029
“Global Ice Hockey Equipment Market” is a recent market research report produced by the research team at MarketResearch.biz. The global ice hockey equipment market report has been segmented on the basis of product type, distribution channel, and region.
Ice hockey, a physical contact team sport, is usually played on ice rinks. It is usually played with sticks to shoot the rubber puck, ice skates, and protective gear. Ice hockey is most popular in northern parts of the US and Canada. the International Ice Hockey Federation (IIHF) the sport. It also manages and organizes international ice hockey tournaments. National Hockey League (NHL) is known to be the biggest professional league globally. As ice hockey is a game wherein injuries are common, both for protection and facilitating their game, hockey players use specialized equipment. Ice hockey players use this equipment to protect their bodies from injuries and bruises. Neck guard, helmet, elbow pads, shoulder pads, hockey gloves, hockey pants, jockstrap, hockey jersey, mouth guard, shin guards, and ice skate are the products used by players while playing ice hockey. Goalies require to wear various equipment such as catch gloves, blockers, and chest guards. Although ice hockey was known as a dangerous game, rule changes and availability of better equipment have decreased the number of injuries, such as muscle strains, bruises, and ligament tears and cuts, while playing.
Rising availability of synthetic ice arenas and increasing participation of players in ice hockey are major factors driving growth of the global ice hockey equipment market over the forecast period. In addition, favorable initiatives from government for promoting ice hockey are expected to further increase demand for the product in the global ice hockey equipment market over the forecast period. This initiative from government also expected to increase the participation rate in the game, which in turn expected to support growth of the global market. Moreover, other initiatives from the International Ice Hockey Federation (IIHF), such as providing rules and regulations, organizing various programs and campaigns to promote the game, and providing coaching services for talented players, are expected to further drive growth of the market over the forecast period. In the US and Canada, National Hockey League is known as one of the major and well-known professional sports league. Many such professional leagues have started to promote the game globally. These initiatives are projected to fuel demand for ice hockey equipment in the global market over the forecast period. An additional factor promoting growth of the global market is rising participation of women in various ice-hockey championships, especially in the US and Canada. This increase in women participation rate in ice hockey championships is projected to increase demand for ice hockey equipment in the global market over the forecast period.
Global Ice Hockey Equipment Market Segment Analysis:
By Product Type: Among the product type segments, the protective wear segment is projected to dominate the global ice hockey market over the forecast period. This growth can be attributed to guidelines mentioned about the safety equipment, which have to be used by players while playing. In addition, possible other serious injuries in the game such as concussions, spinal cord injuries, and broken teeth are attributed to this growth of the segment in the global market.
By Distribution Channel: The offline segment among the distribution channel segment is projected to contribute highest revenue share in the global ice hockey equipment market over the forecast period. this growth of the segment can be attributed to visibility of products at hypermarkets & supermarkets and other retail stores, which enables the consumers to have an understanding of the features of the product before making an actual purchasing decision.
Global Ice Hockey Equipment Market Regional Analysis:
The market in North America is projected to register a significantly high revenue compounded annual growth rate over the forecast period. This can be attributed to popularity of the game in the region and increasing participation of women in championships.
Global Ice Hockey Equipment Market Segmentation:
By Product Type:
- Protective Wear
By Distribution Channel:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- New Balance
- Performance Sports Group
- Franklin Sports
- Tour Hockey
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