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Opportunities in Ice Hockey Equipment Industry: Market is Projected to Reach US$ 1,400 Mn by 2022-end

05-07-2018 02:49 PM CET | Sports

Press release from: Fact.MR

Fact.MR

Fact.MR

A freshly compiled business intelligent report, titled “Ice Hockey Equipment Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” has been publicized to the vast archive of Fact.MR online repository. This 170-page study delivers all the vital details and information required to know about ice hockey equipment market current as well as future prospects. The analysts of the study have gone through extensive research methodologies in order to generate data and information that reflects the latest market undercurrents and industry trends. For a deeper understanding of the market, a sub-category level analysis has been elaborated, by which readers and investors of the report will able to know that where the market stands to gain.

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The NHL has recently made changes to the length of goalie’s leg pads, reducing their size in order to prevent obstruction of the five hole between legs. Goalies will need to wear equipment such as blockers, catch gloves, and chest guards, which better suit their body sizes. Changing rules of the protective goalie gear is a major factor influencing growth of the global ice hockey equipment market. The changes made in the rules will make goalies to purchase gears that match their body sizes, instead of using the existing standard oversize equipment, which in turn will lead to a loss in current stock available in the market. Over the past few years, several vendors have been making innovations in helmets for protecting players from concussions. Leading vendors such as Performance Sports Group and Adidas have therefore commenced launching new helmets made of flexible materials, which have fluid-filled bladders for preventing injuries to the head of the ice hockey player. Owing to the abilities of these helmets, their adoption will witness a tremendous surge in the upcoming years. Vendors have been exploring new opportunities across developing economies of Asia, and Europe. Some of the major vendors are also adopting various marketing strategies for increasing their market share. As the market for ice hockey equipment is witnessing a number of changes, a stagnant growth has been estimated for the global ice hockey equipment market by a report of Fact.MR, during the forecast period 2017 to 2022. Revenues from the market are projected to reach nearly US$ 1,400 Mn by 2022-end.

North America to Remain Dominant in the Market

North America will remain dominant in the global market for ice hockey equipment, in terms of revenues. The market in Europe, on the other hand, is expected to create an absolute $ opportunity of US$ 24.7 Mn during 2017 to 2022. The market in Middle East and Africa (MEA) will continue to exhibit a sluggish expansion through 2022.

Ice skates will continue to be the most lucrative product in the global ice hockey equipment market, with sales estimated to account for approximately US$ 470 Mn revenues by 2022-end. Sales of skating helmets are expected to reflect the highest CAGR in the market through 2022.

On the basis of end-user, individual segment is projected to account for the largest revenue share of the market, followed by institutional segment. Online sales channel are expected to register the fastest expansion in the global ice hockey equipment market during the forecast period. Sales of ice hockey equipment in direct to customer brand outlets, and franchised sports outlets will exhibit similar CAGRs through 2022, franchised sports outlets being more lucrative than direct to customer brand outlets.

Browse Full Report with TOC- https://www.factmr.com/report/234/ice-hockey-equipment-market

Table of Content:

1. Global Ice Hockey Equipment Market – Executive Summary

2. Global Ice Hockey Equipment Market Overview
2.1. Introduction
2.1.1. Global Ice Hockey Equipment Market Taxonomy
2.1.2. Global Ice Hockey Equipment Market Definition
2.2. Global Ice Hockey Equipment Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Ice Hockey Equipment Market Y-o-Y Growth
2.3. Global Ice Hockey Equipment Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Trends
2.4. Cost Structure Analysis
2.5. Pricing Analysis
2.6. Trade Outlook
2.7. Value Chain Assessment and Profitability Margins
2.8. Raw Material Sourcing Strategy and Analysis
2.9. List of Distributors

3. Global Ice Hockey Equipment Market Analysis and Forecast By Equipment Type
3.1. Global Ice Hockey Equipment Market Size and Forecast By Equipment Type, 2012-2022
3.1.1. Ice Skates Ice Hockey Equipment Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Skating Sticks Ice Hockey Equipment Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region

Continued….

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Sports market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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