Ice Hockey Equipment Market
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Asia pacific is the fastest growing region in the global ice hockey equipment market.
Ice hockey equipment market. The market is expected to witness significant growth due to increase in participation rate which is attributed to rise in availability of synthetic ice rinks. The global ice hockey equipment market is valued at xx million us in 2018 is expected to reach xx million us by the end of 2025 growing at a cagr of xx during 2019 2025. The global ice hockey equipment market size was valued at usd 847 4 million in 2018. Additionally favorable government initiatives to promote ice hockey is expected to increase the participation rate thereby propelling market growth during the forecast period.
The global ice hockey equipment market offers a range of products including ice hockey skates ice hockey sticks and ice hockey protective gear accessories through offline and online retail stores. The other two biggest. Rockville md july 25 2018 globe newswire according to a report by fact mr the global ice hockey equipment market is expected to register a low cagr during 2017 to 2022. For the forecast year up to 2029.
Increase in participation of players in ice hockey and rising availability of synthetic ice arenas are the major factors anticipated to drive the market. The market for ice hockey equipment is segregated on the basis of regional basis into north america europe asia pacific latin america and middle east and africa. Dollars in 2019 making it the top selling category of ice hockey equipment. This report focuses on ice hockey equipment volume and value at global level regional level and company level.
Global ice hockey equipment market is estimated to be valued us xx x million in 2019. China australia japan and south korea are the top contributing countries in the region. Wholesale sales of ice hockey protective gear in the united states reached 115 million u s. North america dominated the global market in 2018 owing to large number of participants in the u s and canada.
The report on ice hockey equipment market provides qualitative as well as quantitative analysis in terms of market dynamics competition scenarios opportunity analysis market growth etc. The global ice hockey equipment market size is expected to reach usd 1 1 billion by 2025 according to a new report by grand view research inc expanding at a cagr of 3 2 over the forecast period. Ice hockey originated in canada thus the region is a key contributor to the growth of the overall market. The study also covers the global level analysis of the major regions north america europe asia pacific south america and the middle east africa.