Ice Hockey Stick Market Poised to Grow at a Robust Pace Owing to Increasing Participation in Ice Hockey Globally

0
535


The ice hockey stick market serves as an integral equipment used in one of the fastest growing team sports globally, ice hockey. Ice hockey sticks are used by both amateur and professional ice hockey players. Made of high-grade composite materials, the sticks provide balance, flexibility and allow players to shoot and pass the puck with precision and control. Over the years, ice hockey popularity has surged multifold outside traditional strongholds of North America and Europe due to rising recreational involvement and global tournaments.

The global ice hockey stick market is estimated to be valued at US$ 687.6 Mn in 2024 and is expected to exhibit a CAGR of 4.1% over the forecast period 2024 to 2031.

Key Takeaways

Key players operating in the ice hockey stick market are Mylec, Inc., Canadian Tire Corporation Limited, BISON HOCKEY STICKS, vaughn hockey, BAUER Hockey, LLC, Hans Raj Mahajan, ALFA HOCKEY, DRH Sports., Falk Hockey, Hyoung Carbon Fiber Products Co., Ltd, COLT Hockey, Rival Hockey, LM Hockey, RK Mahajan, Vinex Plastic. Ice hockey sticks today are available in a variety of flex profiles, lie, kick point, shaft flexibility and blade patterns to suit the playing style of every player. Manufacturers are also introducing innovative designs, lightweight materials and customizable options to appeal to rising amateur participants.

The massive untapped markets across Asia Pacific and Africa provide huge opportunities for ice hockey stick producers to tap uncharted regions. Investments in amateur infrastructure and hosting of international tournaments are encouraging participation growth. Global expansion through ecommerce channels, franchising and partnerships with local distributors are lucrative avenues for premium as well as affordable ice hockey gear makers.

Market drivers and restrain: The primary driver for the Ice Hockey Stick Market Growth is increasing popularity of ice hockey globally especially across regions beyond North America and Europe which are traditionally strong markets. Participation is flourishing organically through grass root development initiatives as well as corporate sponsorships. Countries across Asia and Africa now host amateur and pro leagues as well as tournaments. Rising disposable incomes also enable aspiring players to purchase high-quality gear easily. However, the market potential remain largely untapped in several emerging regions due to lack of standard infrastructure and gear affordability issues. Local manufacturers often offer low-cost substitutes as well that impact premium brands. Seasonality of the sport in certain regions is another key restrain.

 

Get more insights on Ice Hockey Stick Market

Search
Gesponsert
Nach Verein filtern
Read More
Health
Buy Hydrocodone Online USA
Hydrocodone 10/325mg Norco (hydrocodone / acetaminophen) is a combination medication...
Von USA Rxstores 2023-04-20 08:02:05 0 2KB
Other
Magnesium Oxide Market to Make Great Impact in Near Future
Magnesium Oxide Market Overview The magnesium oxide market share is likely to attain a global...
Von Christian Johnson 2022-06-27 13:14:17 0 1KB
Other
Изучение GEELY EMGRAND EV450 2018: всесторонний обзор автомобиля для Украины
Geely Emgrand EV450 2018 года — это электромобиль, который китайский производитель Geely...
Von Slava Perets 2024-07-30 17:27:26 0 410
Health
Revolutionizing Spinal Surgery: Insights into the Lumbar Disc Prosthesis Market Landscape
The Global Lumbar Disc Prosthesis Market is poised for substantial growth, driven by advancements...
Von Rahul Yash 2024-10-10 10:39:08 0 67
Other
Straw Machine Market Advertising Industry Size, Segmentation, Application Analysis, Trends, & Forecast by 2032
Straw Machine Market Overview Straw Machine Market is projected to grow at a CAGR of 5.8% during...
Von Ella Mrfr 2024-03-16 10:42:42 0 501