Ice Hockey Apparel Market Review: Long-Term Opportunity Vs. Short-Term Challenges

Ice Hockey Apparel Market Latest Edition Published with Forecast to 2030
The article cited AMA's Global Ice Hockey Apparel Market Study explored significant growth with CAGR of 20.3%. According to the report, Rising Adoption of Online Shopping Channels by Consumers is one of the primary growth factors for the market. Increasing Interest and Participation Rate in Ice Skating Sports like Ice Hockey is also expected to contribute significantly to the Ice Hockey Apparel market. Overall, applications of Ice Hockey Apparel, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. New players are beginning to enter the market and established companies have been changing their business models – a trend that will continue in the future.

AMA’s Analyst on the Global Ice Hockey Apparel Market identified that the demand is rising in many different parts of the world due to "Increasing Televised Coverage of International Ice Hockey Events ". Furthermore, some recent industry insights like "In July 2017,Earlier adidas announced that it has entered into a definitive agreement to sell its CCM ice hockey brand to a newly formed affiliate of Birch Hill Equity Partners. The transaction, which is subject to customary closing conditions, is expected to be completed during the third quarter of 2017." is constantly making the industry dynamic. One of the challenges that industry facing is "High Risk of Severe Injuries while Playing Ice Hockey"

The Distribution Channel, such as Offline {Hypermarket/Supermarket, Specialty Store (Sports Store/Franchise Store), and Others}, is boosting the Ice Hockey Apparel market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Size, such as Small, is boosting the Ice Hockey Apparel market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The End User, such as Kids, is boosting the Ice Hockey Apparel market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Ice Hockey Apparel market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Ice Hockey Apparel market and other related sub-markets covered in the study.

o Key & emerging players in the Ice Hockey Apparel market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Ice Hockey Apparel market size is calculated using market estimation process, the Ice Hockey Apparel market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Ice Hockey Apparel market size has been validated using both top-down and bottom-up approaches.

Praveen Kumar

Head & Director of Sales