(MENAFN- Ameliorate Digital Consultancy)
ice hockey apparel market size had a value of US$ 470.14 million in 2022, and it is anticipated to grow at a CAGR of 4% from 2023 to 2033 to reach US$ 723.76 million. In the historical period from 2018 to 2022, the market for ice hockey apparel experienced a CAGR of 2.5 percent.
Despite being a seasonal activity, ice hockey has overcome all challenges to become one of the most popular and prosperous professional sports leagues in the world. In the past, there has been a significant demand for ice hockey gear in North America and Europe.
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Ice hockey apparel sales analysis (2018–2022) compared to market forecast outlook (2023–2033)
The ice hockey apparel market grew at a 2.5% CAGR from historical years 2018 to 2022, according to Fact.MR. The entire world was weakened by the coronavirus's spread. Almost all nations enacted lockdowns and stringent social segregation laws. Global supply networks have been disrupted as a result of this. At least temporarily, these variables have had a considerable impact on the market for ice hockey apparel.
However, over the long term, it is anticipated that the impact on the market for ice hockey apparel will continue to grow. As ice hockey's appeal spreads throughout the world's sports community
Competitive Landscape:
Oneiric creates cutting-edge base layer gear with proprietary performance, safety, and convenience features for hockey players. Their main products make it easier for players to get dressed quickly, keep shin pads in place during play to improve performance, and add protection where other hockey equipment on the market today leaves gaps.
ASKJA makes cutting-edge protective sports equipment to help shield players from harm while playing. ASKJA has created industry-leading head protection, helmets, and foot protection items that are currently used in hockey (NHL, AHL, USHL, NCAA), and shortly, baseball (MLB), and cricket. After showing the technology behind its hockey goalie mask to clubs, ASKJA realized that foot protection was an immediate necessity.
Key Players:
Adidas AG Bauer Hockey Inc. Don Simmons Sports Inc. Easton Hockey, Inc. Graf Skates AG Montreal-Tackla Hockey Company New Balance Inc. Sherwood Athletics Group Inc. Wm T. Burnett & Co., Inc. Tecnica Group S.p.A.
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Regional Analysis:
The North American market is growing as spending on outdoor recreation increases.
Ice hockey apparel market share is expected to be dominated by North America, with a growth rate of 4.7%. The global market for ice hockey apparel is thought to be more profitable in North America, which has a higher market attractiveness index. The growth of the market in this region has been facilitated by the emergence of sport, technical advancements, and an increase in consumer disposable income.
While the U.S. has made considerable progress and has another pool of players from which to choose, Canada is still a big player on the international stage. Since ice hockey is the national sport of Canada, there have been more sales there
Key Segments of Industry:
By Apparel Type : Jackets Pants Jersey/ T-Shirt Cap Socks Apparel Accessories
By Sales Channel : Independent Sports Outlet Franchised Sports Outlet Modern Trade Channels Direct to Customer Brand Outlet Direct to Customer Online Channel Direct to Customer Institutional Channel Third Party Online Channel
By Buyer Type : Individual Institutional Promotional
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