Ice Hockey Equipment Market Attractiveness, Competitive Landscape and Forecasts to 2022

Changes made by the NHL to lengths of ice hockey goalie’s leg pads, has necessitated demand for new gears, making the old standard ones obsolete. Leading vendors in the global ice hockey equipment market are launching new innovative helmets in order to protect ice hockey players from concussions. The report, compiled by Fact.MR, provides in-depth analysis of the global ice hockey equipment market for the forecast period 2017-2022, and offers key insights about future market direction.

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The next section offers an overview of the ice hockey equipment market. This comprises an introduction to the market, along with a standard definition of the product – ice hockey equipment. In this section, market value and year-over-year growth is offered to the readers. Year-over-year growth provides readers with a broader view of growth patterns over the forecast period.

The report’s succeeding section focuses on drivers, restraints and key trends from macroeconomic, demand, and supply perspectives. Impact analysis of weighted average model-based growth drivers is contained in the report for better provision of decision-making insights to clients.

In order to offer readers with up-to-date information about the latest advancements in the global ice hockey equipment market, the report provides updates about market opportunities, which can benefit leading manufacturers of ice hockey equipment. With continuous evolution of the sports industry, keeping a record of latest developments and trends is fundamental for ice hockey equipment manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, pricing analysis, list of distributors, and cost structure are provided in this section.

4 Key Projections on Future of Global Ice Hockey Equipment Market

1. Based on end-users, individual and institutional segments will remain lucrative in the global market for ice hockey equipment over the forecast period.

2. Online sales channel will exhibit the highest CAGR in the market through 2022. Ice hockey equipment sales in franchised sports outlet, and direct to customer brand outlet are expected to exhibit a parallel expansion at similar CAGRs through 2022. Franchised sports outlet are expected to remain comparatively more lucrative than direct to customer brand outlet over the forecast period.

3. Ice skates are expected to remain the most attractive product in the global ice hockey equipment market. Sales of ice skates are anticipated to reach nearly US$ 470 Mn in revenues by 2022-end. In addition, sales of skating helmets will exhibit the fastest expansion in the market through 2022.

4. The ice hockey equipment market in the Middle East & Africa (MEA) is expected to witness a sluggish expansion during 2017 to 2022. Europe’s ice hockey equipment market will create absolute dollar opportunity of around US$ 25 Mn between 2017 and 2022. North America will continue to be the largest market for ice hockey equipment, in terms of revenues.

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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.

Competition Tracking

Key players listed in Fact.MR’s report include New Balance, Inc., Sherwood Athletics Group Inc., Graf Skates AG, Franklin Sports Inc., Roces Srl, Bauer Hockey, Inc., Easton Hockey, Inc., Montreal-Tackla Hockey Company, Sport Maska Inc., and Don Simmons Sports, Inc.

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About Fact.MR
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This release was published on openPR.