About Hockey Equipment
Hockey is a field event played between two teams. Some of the types of hockey include field hockey, ice hockey, and rink hockey. Field hockey is the most played type of hockey worldwide while ice hockey is popular in countries like the United States, Canada, Finland, Sweden, Latvia, and the Czech Republic. Sticks, balls, helmets, leg guards and kickers, shoes, mouthguard and shin guards are some of the equipment used in hockey. There is an increasing demand for hockey equipment worldwide due to the popularity that hockey gained in the previous decade.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 202 |
Unit | Value (USD Million) |
The market of hockey equipment is moderately fragmented with the presence of major hockey equipment manufacturers globally. The top players may use various strategies like merger, acquisition and product launch to boost their market share. Also, there is an opportunity for new players to enter the market owing to the rising popularity of hockey equipment. Analyst at AMA Research estimates that United States and European Vendors will contribute the maximum growth to Global Hockey Equipment market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
CCM Hockey (Canada), Bauer Hockey (United States), STX (United States), Sher-Wood (Canada), Mylec Sports, Inc. (United States), Easton Hockey (United States), Grays hockey (United Kingdom), Warrior Sports (United States), Eagle hockey (United Kingdom) and Jofa (Sweden) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Mission Hockey (United States), CanAm Underwater Hockey Gear (United States), Gryphon Hockey (United Kingdom), TK Hockey Equipment (Germany), Graf (Canada), Flite Hockey (Canada), Winnwell (Canada), Vaughn Hockey (United States) and Tour Hockey (United States).
Segmentation Overview
AMA Research has segmented the market of Global Hockey Equipment market by Type (Helmet, Chest & Arm Pads, Hockey stick, Puck or ball, Gloves, Hockey Shoes, Accessories and Others), Application (Professional Sports, League Sports and Others) and Region.
On the basis of geography, the market of Hockey Equipment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Player Type, the sub-segment i.e. Professional will boost the Hockey Equipment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Hypermarkets/Supermarkets will boost the Hockey Equipment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The popularity of premium hockey equipment owing to technological advancements.
Market Growth Drivers:
Increased acceptance of quick and hassle-free online shopping has boosted the market of hockey equipment. and Increased participation of amateur hockey players owing to the push for active participation in sports by educational institutes and government.
Challenges:
Manufacturing durable and high-quality hockey equipment for optimum market growth. and Tackling the growing market size of equipment for sports like football, cricket and tennis.
Restraints:
Easy availability of low-cost fake products may hamper the growth of the hockey equipment.
Opportunities:
Capturing the non-professional hockey market tapping the growth of local hockey competitions worldwide. and There is an increased opportunity in manufacturing hockey equipment for kids.
Market Leaders and their expansionary development strategies
On November 19, 2019, True Hockey launched the first hockey helmet built with MIPS brain protection system that specializes in helmet-based safety and protection of the brain
On September 13, 2019, GuardLab® Inc., a sports technology brand, announced that they are collaborating with the hockey equipment manufacturer Bauer® Hockey to supply a new line of Bauer APEX™ and APEX™ Lite Mouthguards
Key Target Audience
Hockey Equipment Manufacturing Companies, Exporters/Importers, Traders/Distributors, Sports Investors, Upstream Vendors, Downstream Vendors, Regulatory and Government Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.