Global Ice Hockey Equipment Market Size To Exceed USD 404.62 Million By 2033
According to a research report published by Spherical Insights & Consulting, The Global Ice Hockey Equipment Market Size is Expected to Grow from USD 194.72 Million in 2023 to USD 404.62 Million by 2033, at a CAGR of 7.59% during the forecast period 2023-2033.
Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Ice Hockey Equipment Market Size, Share, and COVID-19 Impact Analysis, By Product (Protective Wear, Sticks, and Skates), By Distribution Channel (Online and Offline), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.
The ice hockey equipment market encompasses the production, distribution, and sale of gear and accessories essential for playing ice hockey. This includes skates, sticks, helmets, pads, and protective apparel, all designed to ensure player safety and enhance performance during games and practices. Moreover, driving factors of the Ice hockey equipment market include rising participation in ice hockey across various age groups, increasing demand for high-performance gear, and technological advancements resulting in lighter, more durable equipment. Additionally, growing viewership of professional leagues and tournaments, such as the Stanley Cup, and a rising focus on player safety also contribute to market growth. However, restraints in the Ice Hockey Equipment Market include high costs of premium gear, limited access to ice rinks in certain regions, and economic factors that may reduce participation or equipment purchases.
The protective wear segment accounted for the largest share of the global ice hockey equipment market in 2023 and is anticipated to grow at a significant CAGR during the forecast period.
Based on product, the global Ice hockey equipment market is divided into protective wear, sticks, and skates. Among these, the protective wear segment accounted for the largest share of the global ice hockey equipment market in 2023 and is anticipated to grow at a significant CAGR during the forecast period. This includes essential items such as helmets, shoulder pads, elbow pads, and shin guards, which are crucial for player safety. The increasing emphasis on player protection and safety standards drives the demand for protective gear.
The offline segment accounted for a substantial share of the global ice hockey equipment market in 2023 and is anticipated to grow at a rapid pace during the projected period.
On the basis of the distribution channel, the global ice hockey equipment market is divided into online and offline. Among these, the offline segment accounted for a substantial share of the global ice hockey equipment market in 2023 and is anticipated to grow rapidly during the projected period. Physical retail stores, including sports specialty shops, offer customers the advantage of trying on gear for fit and comfort. Additionally, these stores often provide expert advice, which helps drive the popularity of in-store purchases.
North America is projected to hold the largest share of the global ice hockey equipment market over the projected period.
North America is projected to hold the largest share of the global ice hockey equipment market over the projected period. The region's strong ice hockey culture, especially in countries like the United States and Canada, drives high demand for equipment. Additionally, the presence of major brands and professional leagues further contributes to North America's market dominance.
Europe is expected to grow at the fastest CAGR of the global ice hockey equipment market during the projected period. Strong ice hockey traditions in countries like Sweden, Finland, and Russia, along with increasing youth participation and growing fanbases, contribute to the market’s growth. The region’s focus on player safety and advanced equipment also drives demand.
Company Profiling
Major vendors in the global ice hockey equipment market are STX, ROCES SPORT S.R.L., Bauer (Peak Achievement Athletics Inc.), CCM (Birch Hill Equity Partners), Warrior (New Balance), Vaughn Hockey, Winnwell, Grafskates AG, SherWood (Canadian Tire Corp.), True Temper Sports, and others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In December 2024, Fairfax Financial Holdings Limited purchased Peak Achievement Athletics, Inc. and its brands, such as Bauer Hockey, Cascade Lacrosse, and Maverik Lacrosse. The purchase is meant to enhance the company's connection to hockey and lacrosse cultures while promoting growth and additional investment in these critical sports markets.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global ice hockey equipment market based on the below-mentioned segments:
Global Ice Hockey Equipment Market, By Product
- Protective Wear
- Sticks
- Skates
Global Ice Hockey Equipment Market, By Distribution Channel
Global Ice Hockey Equipment Market, By Regional
- North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa