Global Ice Hockey Apparel Market is Projected to Reach a Value of US$ 550 Mn by 2026-end

Posted on 2018-04-19 by Mark Hub in Sports // 0 Comments

ROCKVILLE, US, 2018-Apr-19 — /EPR Network/ — Fact.MR has been actively involved in offering comprehensive research data concerning various topics which are associated to industrial reference and investor utility. “Ice Hockey Apparel Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2026” Readers can access knowledge related to market volume, regional expanse as well as competitive landscape prevailing in the global ice hockey apparel market. In order to study development patterns, this smart assessment also focuses on market dynamics, which talks about drivers, restraints and opportunities estimated to influence the concerned market during the forecast period.

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Apparel designers in the sports industry are consistently addressing the trends associated with the use of fabrics and advancements in the gameplay techniques. With increasing popularity of ice hockey, several companies manufacturing sports apparel are focusing upon capitalizing from the surging uptake for this sport. New materials being used to manufacture ice hockey apparels are being procured at cheap costs. Companies in the global ice hockey apparel market are working towards increasing the comfort levels of their apparels while simultaneously boosting their protectiveness quotient.

Fact.MR’s recently published study assesses the future of the global ice hockey apparel market for the period, 2017-2026. During this forecast period, the global ice hockey apparel market is expected to register a value CAGR of 2.5%. The report further estimates that the global ice hockey apparel market will record the sales of apparels worth over half a billion dollars by the end of 2026.

Hockey Jerseys/T-shirts to Register Fastest Sales; Individual Buyers to Account for 2/3^rd Share on Global Market Value

While the overall ice hockey apparel market expands at a sluggish pace, jackets will continue to be a top-selling apparel through 2026. The report also reveals that the sales of ice hockey jerseys/t-shirts will gain fastest traction by registering a value CAGR of 2.9% over the forecast period. With respect to the buyers, ice hockey apparels bought by individuals will bring more than 66% of the overall market revenues towards the end of the forecast period. The report further estimates that in 2017, more than US$ 120 Mn worth of ice hockey apparels were sold to institutional buyers.

Third-Party Online Sales to Incur Fastest Revenue Growth; Men will Remain Predominant Consumers through 2026

With respect to the sales of ice hockey apparels, a majority of these apparels will be sold to men. The men consumer base for ice hockey apparels will continue to expand on the account of high participation of males in this sports. In 2017, more than US$ 370 Mn worth of ice hockey apparels have been sold to men across the globe. The report further reveals that a major chunk of these sales will be accounted by modern trade channels. However, in the latter half of the forecast period, third-party online sales of ice hockey apparels will gain traction, registering one-fourth share on global market value and reflecting a CAGR of 3.2%.

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The report has profiled leading companies in the global ice hockey apparel market. Bauer Hockey, Inc., Adidas AG, Easton Hockey, Inc., Don Simmons Sports, Inc., Montreal-Tackla Hockey Company, Graf Skates AG, Sherwood Athletics Group Inc., New Balance, Inc., Tecnica Group S.p.A., and Wm T. Burnett & Co., Inc. are the leading manufacturers of ice hockey apparels expected to instrument the production in the global market over the near future. Several companies manufacturing ice hockey apparels are expected to extend the use of new fabrics made of hybrid and composite materials. In addition, these players are expected to invest in development of new designs for ice hockey apparels in order to boost their additional functions in protecting the body of the player.

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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Sports Market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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