PUBLISHER: Grand View Research | PRODUCT CODE: 1726394
PUBLISHER: Grand View Research | PRODUCT CODE: 1726394
The global ice hockey equipment market size is estimated to reach USD 3.13 billion in 2030 and is anticipated to grow at a CAGR of 6.3% from 2025 to 2030, according to a new report by Grand View Research, Inc. The growing popularity of ice hockey, fueled by its resilience, commercial viability, and dedicated fan base, emerges as a major market driver. Moreover, the increasing number of ice hockey memberships in the U.S. will drive the demand for ice hockey equipment. Sticks held a major share in 2023. As a critical piece of equipment, sticks are universally required for participation, driving consistent demand. Advancements in materials like carbon fiber have enhanced stick performance, durability, and appeal, further solidifying their market position.
The offline segment held the largest share in 2024. Players require proper sizing and fitting for optimal performance and safety, which offline stores provide through knowledgeable sales staff. In addition, customers can physically evaluate factors like weight and material composition, enhancing trust and perceived value in their purchases. North America accounted for the largest share of the market. The region is home to numerous ice rinks and professional leagues like the NHL, fostering widespread participation from youth to professional levels. Canada and the U.S. are key contributors, with high participation rates and a strong presence of sports specialty stores supporting market growth.
Major players in the market include Peak Achievement Athletics Inc. (Bauer); Birch Hill Equity Partners (CCM); Canadian Tire Corp. (SherWood); New Balance (Warrior); True Temper Sports; STX; Grafskates AG; Winnwell; Vaughn Hockey; and ROCES SPORT S.R.L. Various steps are adopted by these companies, including new product launches, partnerships, mergers & acquisitions, global expansion, and others to gain more share of the market.