Top Market Shifts Transforming the Ice Hockey Equipment Market Landscape: Key Insights

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What Is the Expected CAGR for the Ice Hockey Equipment Market Through 2025?
In the past few years, the ice hockey equipment market has experienced consistent growth. This market is projected to increase from $1.66 billion in 2024 to $1.72 billion in 2025, with a compound annual growth rate (CAGR) of 3.5%. The growth during the historic period is a result of the sport's increasing popularity and participation, professional leagues' impact, changes in demographics, and an increase in disposable income.

What's the Projected Size of the Global Ice Hockey Equipment Market by 2029?
In the forthcoming years, the ice hockey equipment market is predicted to experience stable expansion. With a compound annual growth rate (CAGR) of 4.9%, it's anticipated to reach $2.08 billion by 2029. The forecasted growth can be linked to several factors including an increase in youth involvement, international scaling, equipment design advancements, the expansion of women's hockey and general health and fitness. Key trends contributing to this growth during the forecast period include the move towards sustainable manufacturing of equipment, customization and personalization, incorporating technology into gear, emphasizing safety and injury prevention, and the impact of fashion and style.

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Top Growth Drivers in the Ice Hockey Equipment Industry: What's Accelerating the Market?
The growth of the ice hockey equipment market is anticipated to be driven by the rising involvement of individuals in recreational sports. These are physical activities or games engaged in by people for their pleasure and relaxation, rather than on a competitive or professional level. The diverse benefits offered by ice hockey equipment in recreational sports, such as improved safety, comfort, and performance, are crucial to creating a favorable environment for leisurely sports. For example, in March 2023, the US-based Sports & Fitness Industry Association (SFIA) reported that over 76%, or 236.9 million individuals, of the entire American population took part in at least one activity throughout the 2022 year in the United States, marking a 1.9% increase from 2021. Moreover, the number of Americans who participated in at least one sport, fitness exercise, or outdoor recreational activity in 2022 exceeded that of the past five years. Consequently, this surge in involvement in recreational sports fuels the growth of the ice hockey equipment market.

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What Trends Will Shape the Ice Hockey Equipment Market Through 2029 and Beyond?
Advancements in technology are emerging as a significant trend within the ice hockey equipment market. To maintain their market dominance, leading businesses are creating innovative products. For instance, Bauer Hockey LLC., an American sporting gear company, unveiled the AG5NT stick in October 2022. This unique stick is their quickest and lightest yet, featuring XE taper technology and dynamic quick-release technology for improved shot speed and power. Produced from boron fiber, a material first used in the aerospace sector, the AG5NT stick offers unrivaled strength, lightness, and torsion. Its exceptional sturdiness and compression strength enable players to add more velocity to their shots while ensuring durability.

What Are the Main Segments in the Ice Hockey Equipment Market?
The ice hockey equipment market covered in this report is segmented -

1) By Equipment Type: Ice Skates, Helmets, Stick, Protective, Apparel, Other Equipment
2) By Distribution Channel: Online, Offline
3) By End User: Individual, Institutional, Promotional

Subsegments:
1) By Ice Skates: Youth Skates, Adult Skates, Figure Skates
2) By Helmets: Full-Face Helmets, Half-Helmets, Helmet Visors
3) By Stick: Composite Sticks, Wooden Sticks, Flex Sticks
4) By Protective: Shoulder Pads, Elbow Pads, Shin Guards, Goalie Gear
5) By Apparel: Jerseys, Socks, Base Layers
6) By Other Equipment: Pucks, Training Aids, Equipment Bags

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Which Top Companies are Driving Growth in the Ice Hockey Equipment Market?
Major companies operating in the ice hockey equipment market include Canadian Tire Corporation, Franklin Sports Inc., True Temper Sports Inc., Riddell Inc., Bauer Hockey Inc., Warrior Sports Inc., Champro Sports, CCM Hockey AB, Superfeet Worldwide Inc., Sher-Wood Hockey Inc., Mazon Hockey International, Snipers Edge Hockey LLC, Winnwell Inc., STX LLC, Roces Srl, Grit Inc., Alkali Hockey LLC, All Black Hockey Sticks LLC, American Athletic Shoe Co. Inc., Flite Hockey Inc., Graf Skates AG, Inglasco Inc., Mylec Inc., NoSweat Co., Verbero Hockey Inc., Shock Doctor Inc., Janletic Sports

Which Regions Will Dominate the Ice Hockey Equipment Market Through 2029?
North America was the largest region in the ice hockey equipment market in 2024. The regions covered in the ice hockey equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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