Global Hockey Equipment Market Size, Share, Growth Analysis Report - Forecast 2034

Hockey Equipment Market: Industry Perspective

The global hockey equipment market size was worth around USD 1848.96 Million in 2024 and is predicted to grow to around USD 2418.12 Million by 2034 with a compound annual growth rate (CAGR) of roughly 2.72% between 2025 and 2034. The report analyzes the global hockey equipment market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the hockey equipment industry.

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Hockey Equipment Market: Overview

A hockey stick, a ball, and safety equipment are used to play the popular sport of hockey. The hockey sticks come in various sizes, forms, and materials, including carbon fiber, aramid, and other lightweight and durable materials, depending on the player's efficiency. The usage of shin guards, gloves, and other equipment are also required for hockey. These accessories help the player play more effectively and successfully on the field.

Over the years, ice hockey has experienced a significant increase in popularity. Hockey is among the most well-liked sports. The competition's substantial national and international platforms have raised the appeal of this sport. The Olympic Games, World Championships, Challenger Series, and World Team Trophy are among these platforms. As a result, hockey equipment manufacturers have never had a better opportunity to boost their brand equity by supporting well-known sportsmen and teams to surpass their competitors.

Additionally, more government programs have been launched in numerous countries to boost sports participation. The group oversees many international marketing activities and projects in addition to setting rules. The IIHF also provides coaching services to help aspiring competitors get ready for forthcoming competitions. Such actions are predicted to increase market demand for hockey equipment over the anticipated period.

Key Insights

• As per the analysis shared by our research analyst, the global hockey equipment market is estimated to grow annually at a CAGR of around 2.72% over the forecast period (2025-2034).
• Regarding revenue, the global hockey equipment market size was valued at around USD 1848.96 Million in 2024 and is projected to reach USD 2418.12 Million by 2034.
• The hockey equipment market is projected to grow at a significant rate due to increasing participation in hockey (both ice and field) across various age groups and regions, rising awareness regarding player safety leading to higher demand for protective gear, technological advancements resulting in improved equipment performance and durability, growing popularity of online retail channels offering convenience and a wider product range, and rising disposable incomes enabling consumers to invest in quality equipment.
• Based on Product, the Gears and Accessories segment is expected to lead the global market.
• On the basis of Distribution Channel, the Online Retail segment is growing at a high rate and will continue to dominate the global market.
• Based on region, North America is predicted to dominate the global market during the forecast period.

Hockey Equipment Market: Growth Drivers

Increasing interest in outdoor sports will likely pave the way for global market growth. 

The expansion of the global hockey equipment market is driven by an increase in technologically advanced equipment and a rise in interest in outdoor sports as a result of health consciousness. The expansion of the global market has been aided by an increase in advertising, marketing, and the brands of hockey equipment. The demand for hockey equipment is also influenced by the growth of college sports committees and sporting events.

Hockey Equipment Market: Restraints

Greater potential for serious injury to limit market growth

Acute injuries are very common in hockey, affecting how many people play the game. Therefore, the increased risk of injuries is predicted to restrain the expansion of the hockey equipment market throughout the projected period.

Hockey Equipment Market: Opportunities

Growth in the e-commerce industry to bolster online sales of hockey equipment

Due to the increasing penetration of the numerous online platforms that offer hockey equipment, the e-commerce sector is expanding. The demand for online distribution channels is anticipated to increase as customer confidence in online purchasing increases.

Hockey Equipment Market: Challenges

Preference for online shopping likely to hamper the offline market

The global market for hockey equipment has also been fueled by how simple it is to access online purchasing sites. Online shopping is frequently preferred by consumers in developed nations over traditional brick-and-mortar establishments.

Hockey Equipment Market: Segmentation Analysis

The global hockey equipment market is segmented based on Product, Distribution Channel, and region.

Based on Product, the global hockey equipment market is divided into Gears and Accessories, Equipment.

On the basis of Distribution Channel, the global hockey equipment market is bifurcated into Online Retail, Specialty & Sports Shops, Department & Discount Stores.

Hockey Equipment Market: Report Scope

Hockey Equipment Market: Regional Landscape

North America dominated the global hockey equipment market in 2021

Due to the significant popularity of hockey in both the United States and Canada, North America is considered the most lucrative location for the hockey equipment market. The growth of the North American hockey equipment market is significantly influenced by regional trends and sports regulatory rules. The hockey equipment market in the United States, in particular, is anticipated to expand at a significant CAGR during the expected period.

Due to the rising popularity of sports in the region, major players in the hockey equipment industry are increasingly eyeing North America as their target market. Additionally, it is anticipated that by 2028, the market for hockey equipment in Europe will generate substantial revenue. The Asia Pacific region, on the other hand, is regarded as a developing market due to increased spending on leisure and recreation activities and the consequent rise in hockey's appeal in China, South Korea, Japan, Australia, New Zealand, and India.

Recent Developments

• Hasbro, a significant entertainment giant, and Franklin Sports Inc. combined in 2021. Franklin Sports Inc. claims that this aims to innovate products and introduce Non-Expanding Recreational Foam (NERF) sporting goods. The company plans to release several innovative new goods, including the FLEXPLAY hockey set for players.
• Bauer Hockey LLC acquired ProSharp, a well-known brand in the sports business, in 2021. The company offers skate profiling and sharpening services to meet the needs of teams and players. According to Bauer Hockey LLC, the aim of this acquisition is to grow the company's business by offering specialized skate fits that take changing consumer preferences into account.

Hockey Equipment Market: Competitive Analysis

The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the hockey equipment market on a global and regional basis.

The global hockey equipment market is dominated by players like:

• Adidas AG
• Grays of Cambridge
• Gryphon Hockey Ltd
• Bauer Hockey LLC
• STX
• Kookaburra Sport Pty Ltd
• Mazon Hockey
• Dita Hockey
• Voodoo Hockey
• OBO Hockey

The global hockey equipment market is segmented as follows;

By Product

• Gears and Accessories
• Equipment

By Distribution Channel

• Online Retail
• Specialty & Sports Shops
• Department & Discount Stores

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa