Ice hockey is a team sports played between two groups of skaters on an ice arena utilizing different gear, like a cap, stick, skates, gloves, neck and chest defender, mouthguard, and leg, shin, and arm cushions. Ice hockey gear works with the play of the game and shield the assortments of the players from wounds and extreme breaks. It offers backing to the chest, ribs, stomach nerve plexus, spine and shoulders against flying pucks and crashes. It likewise safeguards the ginglymoid joint and arm bones from sticks, skates, and falls. It is normally accessible in different materials, types, and plans and offers customization choices to meet the necessities of people. As of now, there is an ascent in the interest for ice hockey hardware across the globe due to the rising customer interest in ice hockey.
According to SPER Market Research, ‘Ice Hockey Equipment Market Size- By Product Type, By Distribution, By End User- Regional Outlook, Competitive Strategies and Segment Forecast till 2033’ states that the Global Ice Hockey Equipment Market is estimated to reach USD 2.19 billion by 2033 with a CAGR of 5.34%.
The ascent in the quantity of support rates and availability of manufactured ice arenas is probably going to drive the interest of ice hockey hardware market. The rising degree of discretionary cashflow of individuals and expanding TV inclusion of worldwide ice hockey occasions are a portion of the elements driving the ice hockey gear market. Other critical factors, for example, the ideal government drives for the advancement of ice hockey and expansion in ladies support rate in ice hockey titles will speed up the market development rate. Moreover, changing patterns in sports industry and rising number assuming that ice hockey clubs and ice arenas will emphatically affect the market's development rate.
Rising material and assembling costs present a significant snag to the market. High level materials like Kevlar, carbon fibre, and plastics, urgent for creating defensive stuff, add to higher creation costs, frequently gave to clients. The developing attention to head wounds might drive interest for more defensive hardware, further hoisting expenses and restricting moderateness. Moreover, competitors investigating new advancements might diminish brand faithfulness, expecting makers to put resources into innovative work for seriousness. These variables are expected to ruin the market during the figure time frame.
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Impact of COVID-19 on Global Ice Hockey Equipment Market
The Coronavirus pandemic altogether influenced the global ice hockey equipment market. With lockdowns and social distancing measures, many ice arenas and sports offices were shut, prompting a decrease in novice and expert hockey exercises. This brought about diminished interest for equipment. Store network disturbances likewise impacted assembling and appropriation. Notwithstanding, the progressive returning and resumption of sports exercises have prodded a recuperation, with expanded interest in open air and individual preparation of equipments as players adjusted to new conditions.
Ice Hockey Equipment Market Key Players:
North America accounts for the largest market share in terms of Global Ice Hockey Equipment Market. The region was dominant due to the popularity of the sports in US and Canada, well- established ice hockey infrastructure and the presence of the National Hockey League (NHL). Some of the major players in the Global Ice Hockey Equipment Market are American Garf Skates AG, Sher-Wood Hockey Inc. (Canadian Tire Corporation), STX (Wm T. Burnett & Co. Inc.), Athletic Shoe Company, Bauer Hockey LLC, and others.
Global Ice Hockey Equipment Market Segmentation:
The SPER Market Research report seeks to give market dynamics, demand, and supply forecast for the years up to 2033. This report contains statistics on product type segment growth estimates and forecasts
By Product Type: Based on the Product Type, Global Ice Hockey Equipment Market is segmented as; Protective Wear, Sticks, Skates, Others.
By Distribution Channel: Based on the Distribution Channel, Global Ice Hockey Equipment Market is segmented as; Online Retail Stores, Offline Retail Stores.
By End User: Based on the End User, Global Ice Hockey Equipment Market is segmented as; Individual, Institutional, Promotional.
By Region: This research also includes data for Asia-Pacific, Europe, the Middle East and Africa, North America, and Latin America.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.
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Ice Hockey Equipment Market Revenue
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