Ice Hockey Stick Market By Type (Composite, Wood), By End User (Adult, Children), By Distribution Channel (Offline, Online): Global Opportunity Analysis and Industry Forecast, 2021-2031
The ice hockey stick market was valued at $460.1 million in 2021, and is estimated to reach $698.6 million by 2031, registering a CAGR of 4.2% from 2022 to 2031. In 2021, the composite ice hockey stick segment accounted for the majority of the total ice hockey stick market. Ice hockey sticks are specialized equipment essential to playing ice hockey. It consists of a long shaft which is also called a handle and a blade with which the hockey puck is hit and controlled. Ice hockey sticks made for goalkeepers have a larger blade and thinner handle to make blocking easier.
Ice hockey sticks made with composite materials are primarily used for professional competitions, training, and recreational play on ice but many consumers also purchase wooden ice hockey sticks to play on other smooth surfaces such as concrete roads and driveways, especially for younger kids. There are also factors such as kick points, flexibility, and weight that primarily differentiate the usage of ice hockey sticks for professional level and casual play.
The massive popularity of the sport in many parts of the world due to its fast pace and physical nature attracts many consumers to watch and ultimately play the sport either casually as recreation or exercise, or start seriously practicing the sport to turn it into a profession. Furthermore, many junior-level players are provided with massive incentives such as sports scholarships by collages and permanent drafts by various ice hockey leagues, which further motivates the younger population of the countries in which the sort is popular to take up the sport professionally, which helps boost the ice hockey stick market. The rising popularity of ice hockey in developing regions like Asia-Pacific and LAMEA with very large populations is also going to help boost the sport and in turn the sales of ice hockey sticks.
Despite being a very popular sport, ice hockey faces stiff competition from field hockey, with field hockey having significantly more registered and active players. In countries where ice hockey has still not gained popularity, field hockey is extremely popular. Furthermore, field hockey can be played on any type of surface without any hindrances, which makes it more accessible for consumers in places where the weather is warmer and there is little to no snowfall.
The proliferation of e-commerce in the field of ice hockey sticks and equipment will help provide a major boost to the market in the future. Many manufacturers are opening their own e-commerce sites, with facilities like customization of sticks and are offering several discounts and offers which are attracting many consumers to purchase ice hockey sticks online. Further enhancements in the online shopping experiences of customers for ice hockey sticks will help the market grow in the future.
The ice hockey stick market is segmented on the basis of type, end user, distribution channel, and region. By type, the ice hockey stick market is classified into composite and wood. Depending on end users, the market is categorized into adults and children. According to distribution channels used for the sale of ice hockey sticks, the market is segmented into offline and online channels of sale.
Some of the major players analyzed in this report are Bauer Hockey, LLC, Birch Hill Equity Partners Management Inc., Bison Hockey Sticks, Canadian Tire Corporation, Limited, Eagle Hockey, Graf Skates AG., Mylec, Inc., New Balance, Vaughn Hockey, and Wm. T. Burnett & Co.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the ice hockey stick market analysis from 2021 to 2031 to identify the prevailing ice hockey stick market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the ice hockey stick market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global ice hockey stick market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Distribution Channel
Offline
Online
By Type
Composite
Wood
By End User
Adult
Children
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Czech Republic
Slovakia
Latvia
Russia
Nordic
Benelux
Rest of Europe
Asia-Pacific
China
Japan
Australia
South Korea
Kazakhstan
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
BAUER Hockey, LLC
Birch Hill Equity Partners Management Inc.
BISON HOCKEY STICKS
Canadian Tire Corporation Limited
Eagle Hockey
GRAF SKATES AG.
Mylec, Inc.
new balance
vaughn hockey
wm. t. burnett & co.
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