Global Ice Hockey Equipment Market Statistics: USD 2.00 Billion Value by 2033
Summary:
- The global ice hockey equipment market size reached USD 1.41 Billion in 2024.
- The market is expected to reach USD 2.00 Billion by 2033, exhibiting a growth rate (CAGR) of 3.72% during 2025-2033.
- North America leads the market, accounting for the largest ice hockey equipment market share.
- Protective wear accounts for the majority of the market share in the product type segment as it safeguards players from injuries during gameplay.
- Online retail holds the largest share in the ice hockey equipment industry.
- Individual remain a dominant segment in the market on account of rising preferences for ice hockey for entertainment purposes.
- The rising popularity of ice hockey is a primary driver of the ice hockey equipment market.
- Technological advancements and the increasing focus on player safety are reshaping the ice hockey equipment market.
Industry Trends and Drivers:
- Growing Popularity of Ice Hockey:
The market is primarily driven by the growing demand for ice hockey, especially in regions such as North America and Europe. The super league is increasingly being watched by a wide consumer business of different age groups. There is evidence of youth and amateur leagues in particular, which are also contributing to the growth of the ice hockey equipment market. Thus coverage through television, internet is making it more attractive and it is becoming popular at the recreational level and even at the professional level. The growing number of players of this sport is increasing the demand for skates, helmets, sticks, etc., thereby fuelling the market. It is important to note that this has encouraged further equipment manufacturing that ranges from beginner to intermediate and advanced level equipment.
- Rising Focus on Player Safety:
Growing concern about player safety in ice hockey sports, due to the increased risk of physical contact between individuals, has been a factor in the market trend. High quality safety gear, including protective gear that protects players from potential concussion or spinal injuries, is being prioritized by players, parents, and leagues. New types of helmets that limit the impact of concussion, more durable shoulder pads, and advanced types of shock absorbing materials are all becoming common issue for standard players. This focus on safety has resulted in manufacturers being challenged to create gear that conforms to these stringent safety measures, creating a market for advanced protective equipment. The market demand for protective items continues to grow amid injuries, especially among youth league players.
- Technological advancements:
Manufacturers are making gear lighter, stronger and more comfortable. They now use carbon fiber, moisture-wicking fabrics and better protective gear. This attracts both amateur and professional players. These innovations boost performance and enhance safety, helping to meet the growing safety demands of the sport. In addition, high-performance gear is now available for all ages, from children to professionals. This expands the customer base. As technology advances, players are eager to purchase durable, high-functionality products.
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Ice Hockey Equipment Market Report Segmentation:
Breakup By Product Type:
- Protective Wear
- Sticks
- Skates
- Others
Protective wear account for the majority of shares as it safeguards players from injuries during gameplay.
Breakup By Distribution Channel:
- Online Retail Stores
- Offline Retail Stores
Offline retail stores dominate the market due to the wide availability of equipment at one place.
Breakup By End User:
- Individual
- Institutional
- Promotional
Individual represents the majority of shares on account of rising preferences for ice hockey for entertainment purposes.
Breakup By Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
North America enjoys the leading position owing to a large market for ice hockey equipment driven by the increasing number of professional leagues.
Top Ice Hockey Equipment Market Leaders:
The ice hockey equipment market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:
- American Athletic Shoe Company
- Bauer Hockey LLC
- CCM Hockey AB
- Franklin Sports Inc.
- Garf Skates AG
- Sher-Wood Hockey Inc. (Canadian Tire Corporation)
- STX (Wm T. Burnett & Co. Inc.)
- True Temper Sport
- Warrior Sports (New Balance Athletics Inc)
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