The Ice Hockey Equipment Market is being driven by Growing popularity of ice hockey
The Ice Hockey Equipment Market is expected to grow at a CAGR of 5.3% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 587.5 million. The global ice hockey equipment market is experiencing a significant transition towards lightweight, high-performance gear that prioritizes player speed, agility, and protection without sacrificing durability. This trend is being fueled by advancements in material science, aerodynamics, and impact resistance. Leading manufacturers, such as Bauer, CCM, and TRUE Hockey, are integrating innovative materials like carbon fiber composites, advanced foams, and reinforced polymers into their products. Notably, hockey sticks have seen significant innovation, with brands introducing ultra-light, optimized flex profile sticks featuring reinforced shafts. For instance, Bauer's AG5NT stick, crafted using BORON fiber technology, delivers an exceptional strength-to-weight ratio, enhancing puck control and shot accuracy.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
200 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.3% |
Market growth 2025-2029 |
USD 587.5 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
4.5 |
Key countries |
Japan, China, Russia, Sweden, Finland, Switzerland, US, Germany, Canada, and France |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Ice Hockey Equipment Market encompasses a range of gear, including skates with blade profiles, skate and stick flex, kick points, blade tapers, and bevels, as well as stick shaft and blade constructions, grips, and balances. Protective equipment consists of helmet components like shells, liners, visors, and chinstraps, along with shoulder, elbow pads, and pant construction with padding. Jerseys offer various fabric types, fits, and designs, while socks provide different materials and constructions. Training equipment includes shooting aids, skill development tools, drilling equipment, strength training gear, hockey analytics for player and equipment performance, and data collection devices.
The global leisure products market, encompassing categories such as sports equipment, musical instruments, camping equipment, recreational vehicles, bicycles, toys, and other consumer-oriented games, is a significant segment within the larger household durables market. According to Technavio's market analysis, the household durables market size is determined by the collective revenue generated by manufacturers of various household durables, including consumer electronics, home furnishings, homebuilding products, household appliances, houseware and specialties, and leisure products. Factors driving the growth of the global leisure products market include the increasing trend of health and fitness, with memberships to health and fitness clubs experiencing substantial growth over the past decade. This trend is further fueled by the continuous expansion of the health and fitness club industry, presenting lucrative opportunities. Within the leisure products sector, ice hockey equipment, including skates, hockey sticks, protective gear for players such as shoulder pads, elbow pads, hockey gloves, hockey pants, and shin guards, and goalie equipment, is a key subcategory poised for growth.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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