Global Hockey Equipment Market 2017-2021
About Hockey Equipment
Hockey is an outdoor team sport, the equipment for which includes sticks, protective gear, footwear, and others. Different disciplines of hockey are ice hockey, roller hockey, field hockey, and underwater hockey. These disciplines of hockey use different types of equipment, which include ice hockey, roller hockey, field hockey, and underwater hockey. The global popularity of ice and field hockey is currently witnessing a significant growth in the rate of participation.
Technavio’s analysts forecast the global hockey equipment market to grow at a CAGR of 3.13% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global hockey equipment market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Hockey Equipment Market 2017-2021
Technavio recognizes the following companies as the key players in the global hockey equipment market: BAUER Hockey, CanAm Underwater Hockey Gear, Grays of Cambridge, GRYPHON HOCKEY, SHER-WOOD, and TK Hockey Equipment.
Other Prominent Vendors in the market are: ATLAS Hockey, Dita International, Dorsal Gear, Easton Hockey, Franklin Sports, GRAF, Guerilla Hockey, JDH, Kookaburra, MALIK, Mazon Hockey, OBO, Princess Sportsgear & Traveller, Ritual Hockey, STX, and Tour Hockey.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growth in participation rate of women in hockey. Field hockey is becoming increasingly popular with more women joining the game every year. In 2015, the US had witnessed a major participation of over 65,000 high school and college women field hockey players. The country has a number of colleges that gives scholarships only to women.”
According to the report, one driver in the market is use of better raw materials resulting in premiumization. The use of high-tech hockey sticks of superior technology is currently in trend. Integran Technologies uses Nanovate, a nanocrystalline metal to manufacture high-tech hockey sticks. This technology helps to avoid the formation of microfractures in the sticks, a pricey problem for amateur and professional players. These hockey sticks are engineered with a thin coating of Nanovate to the lower 24 inches of the sticks to offer a flex for a slap shot. The blade has a foam core construction that gives it a high balance point.
Further, the report states that one challenge in the market is lower availability of professional clubs in field hockey. The lack of big professional field hockey clubs is limiting the growth of the global hockey sticks market. This is because field hockey is one of the largest product segments of the market. The absence of a significant number of clubs increases the difficult for field hockey enthusiasts to take up the sport as a career. Moreover, the number of professional field hockey players is not very high. For example, the Premier Hockey League that started in 2005 shut down in 2008.
BAUER Hockey, CanAm Underwater Hockey Gear, Grays of Cambridge, GRYPHON HOCKEY, SHER-WOOD, TK Hockey Equipment, ATLAS Hockey, Dita International, Dorsal Gear, Easton Hockey, Franklin Sports, GRAF, Guerilla Hockey, JDH, Kookaburra, MALIK, Mazon Hockey, OBO, Princess Sportsgear & Traveller, Ritual Hockey, STX, and Tour Hockey.
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