Ice Hockey Equipment Global Market Report 2024

The ice hockey equipment market size has grown steadily in recent years. It will grow from $1.62 billion in 2023 to $1.69 billion in 2024 at a compound annual growth rate (CAGR) of 4.4%. The growth observed in the historical period can be attributed to factors such as the popularity and increased participation in the sport, the influence of professional leagues, demographic shifts, and the rise in disposable income.

The ice hockey equipment market size is expected to see steady growth in the next few years. It will grow to $1.99 billion in 2028 at a compound annual growth rate (CAGR) of 4.1%. The anticipated growth in the forecast period can be attributed to the growth in youth participation, international expansion, innovations in equipment design, the increasing popularity of female hockey, and a heightened focus on health and fitness. Significant trends expected in the forecast period include a commitment to sustainability in equipment manufacturing, the emphasis on customization and personalization, the integration of technology in gear, a strong focus on safety and injury prevention, and the influence of fashion and style in the design of hockey equipment.

The growth of the ice hockey equipment market is expected to be driven by the increasing participation of individuals in recreational sports. Recreational sports, characterized by physical activities pursued for leisure rather than competitive purposes, see a significant engagement from people seeking enjoyment and relaxation. Ice hockey equipment, crucial for safety, comfort, and performance, plays a vital role in fostering a secure and enjoyable environment for recreational sports enthusiasts. As per the Sports & Fitness Industry Association (SFIA) in March 2023, over 76% of Americans, totaling 236.9 million people, participated in various activities during the 2022 calendar year. This represents a 1.9% increase from 2021, with more individuals partaking in sports, fitness exercises, and outdoor recreational activities compared to the preceding five years, thus propelling the ice hockey equipment market.

The growth of the ice hockey equipment market is expected to be bolstered by rising disposable incomes. Disposable income, indicating the funds available after tax deductions, influences consumer spending on recreational activities and sports equipment. Higher disposable incomes often correlate with increased participation and support for sports such as ice hockey, consequently driving the demand for related gear, apparel, and accessories. For instance, in Japan, disposable personal income increased to $3,058 in August from $2,402 in May 2022. Similarly, in the United States, disposable personal income rose to $18,604.35 billion in June from $18,481.16 billion in May 2022, reflecting the positive impact of increasing disposable incomes on the ice hockey equipment market.

Technological innovation emerges as a prominent trend in the ice hockey equipment market. Major industry players are actively involved in developing innovative products to maintain their competitive edge. Bauer Hockey LLC., a leading sports equipment company, showcased technological advancement with the launch of the AG5NT stick in October 2022. This innovative stick, leveraging XE taper technology and dynamic quick-release technology, offers players a faster and more powerful shot. Constructed with boron fiber, a material known for its strength and lightness from the aerospace industry, the AG5NT delivers exceptional stiffness and compression strength, enhancing durability and allowing players to achieve greater shot velocity.

Companies in the ice hockey equipment market are focusing on product development and launches, introducing items such as flexible protective devices to sustain their market positions. G8Rtech, Inc., a specialized protective equipment company, unveiled G8Rskin Ice in November 2023. Functioning as a balaclava-such as shell worn under sports helmets, G8Rskin Ice is designed to significantly reduce the risk of injuries, particularly concussions and lacerations, in hockey players. With rigorous testing at the Virginia Tech Helmet Lab, G8Rskin Ice demonstrated notable success in reducing the risk of concussions and peak acceleration values, contributing to the evolving safety standards within the ice hockey equipment industry.

In August 2021, Bauer Hockey LLC acquired ProSharp AB, a Sweden-based manufacturer of ice hockey equipment, aiming to extend its reach in the hockey skate sharpening market and enhance the quality of its skate sharpening services while gaining access to ProSharp's customer base.

Major companies operating in the ice hockey equipment market report are Adidas AG, Canadian Tire Corporation, K2 Sports LLC, Franklin Sports Inc., True Temper Sports Inc., Riddell Inc., Bauer Hockey Inc., Warrior Sports Inc., Champro Sports, CCM Hockey AB, Superfeet Worldwide Inc., Sher-Wood Hockey Inc., Mazon Hockey International, Snipers Edge Hockey LLC, Winnwell Inc., STX LLC, Roces Srl, Grit Inc., Alkali Hockey LLC, All Black Hockey Sticks LLC, American Athletic Shoe Co. Inc., Flite Hockey Inc., Graf Skates AG, Inglasco Inc., Mylec Inc., NoSweat Co., Verbero Hockey Inc., Shock Doctor Inc., Jackson Ultima Skates Inc., Janletic Sports.

North America was the largest region in the ice hockey equipment market in 2023. The regions covered in the ice hockey equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the ice hockey equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The primary types of equipment in ice hockey gear include ice skates, helmets, sticks, protective gear, apparel, and others. Ice skates are specialized footwear designed for gliding on ice surfaces. These products are distributed through various channels, including online and offline, and cater to various end-users such as individual players, institutions, and promotional purposes.

The ice hockey equipment market research report is one of a series of new reports that provides ice hockey equipment market statistics, including ice hockey equipment industry global market size, regional shares, competitors with ice hockey equipment market share, detailed ice hockey equipment market segments, market trends, and opportunities, and any further data you may need to thrive in the ice hockey equipment industry. This ice hockey equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The ice hockey equipment market consists of sales of Ice hockey neck guards, ice hockey shin guards, Ice hockey socks, ice hockey jerseys and mouthguards. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).


The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.