Global Ice Hockey Sticks Market – Introduction

  • An ice hockey stick is used to shoot, pass, and carry the puck across the ice. Stick dimensions can vary widely, as they are usually built to suit a particular player’s size and preference. Different ice hockey sticks are used by field players and goalies. A goalie stick is slightly wider and the angle is smaller as compared to a player’s stick. Regular sticks and goalie sticks are made from composite technology. Ice hockey sticks are manufactured from different materials such as carbon fiber, fiberglass, wood, and aluminum. Carbon fiber is one of the most commonly used material for ice hockey sticks. This material is also used to manufacture ice hockey sticks used in the National Hockey League (NHL).  

Increase in popularity and number of ice hockey championships in various countries projected to be a driving factor for the ice hockey sticks market

  • Rapid increase in popularity and rise in number of ice hockey championships in various countries, especially in North America and Europe is projected to drive the ice hockey sticks market during the forecasted timeline. Rise in trend of playing ice hockey in schools and colleges is also anticipated to surge the sales of ice hockey sticks in the near future. 
  • Rising participation in collegiate level ice hockey events and championships in the U.S., Canada, China, Korea, Australia, and various other developing countries across the globe is also considered a significant factor projected to increase the demand for ice hockey sticks in the coming years. 

Rise in sale of ice hockey sticks and other exclusive footwear through company-owned websites and e-commerce websites anticipated to create new opportunity for the market

  • Increase in trend of selling ice hockey sticks and other exclusive range of ice hockey equipment through online distribution channels, especially on company-owned websites and e-commerce websites such as Amazon, Walmart, and various other regional e-commerce sites across the globe is anticipated to create huge opportunities for manufacturers and distributors of ice hockey sticks. Manufacturers and suppliers also offer discounts and exclusive offers and schemes to drive the sale of ice hockey sticks on e-commerce websites etc.

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North America considered the largest market for ice hockey sticks

  • Geographically, the global ice hockey sticks market can be divided into five regions: North America, Europe , Asia Pacific, Middle East & Africa, and South America
  • North America accounted for major share of the global ice hockey sticks market in 2019. The market in North America is anticipated to expand at a moderate rate during the forecast period due to increase in popularity of ice hockey championships at school and collegiate levels in the U.S., Canada, and Mexico, which is projected to increase the sale of ice hockey sticks in the near future.
  • The market in Asia Pacific is anticipated to expand at a significant growth rate during the forecast period due to rise in awareness of ice hockey in China, Korea, Japan, Chinese Taipei, Australia, Kyrgyzstan, and other Southeast Asian countries. These factors are projected to surge the demand for ice hockey sticks in the Asia Pacific region.

Key Players Operating in the Ice Hockey Sticks Market

Prominent ice hockey stick brands or companies are estimated to face healthy competition during the forecasted timeline. Brands such as BAUER Hockey, LLC, CCM, Eagle Hockey, and Sher-Wood are producing ice hockey sticks with innovation designs, graphics, and colors, and planning to launch more innovative and lightweight ice hockey sticks in the market. Companies are also undertaking mergers & acquisitions or signing agreements with regional distributors and dealers to expand their business in various parts of the globe. Some of the key players operating in the global ice hockey sticks market include:

  • BAUER Hockey, LLC
  • CCM (Sport Maska Inc.)
  • Eagle Hockey
  • Sher-Wood
  • STX
  • Vaughn Hockey
  • WARRIOR SPORTS (New Balance, Inc.)
  • Winnwell
  • Easton
  • Bison Hockey Sticks
  • Frontier Hockey

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Global Ice Hockey Sticks Market – Research Scope

Global Ice Hockey Sticks Market, by Stick Type

  • Players Stick
  • Goalie Stick

Global Ice Hockey Sticks Market, by Stick Material

  • Carbon Fiber
  • Fiberglass
  • Wood
  • Others (Aluminum etc.)

Global Ice Hockey Sticks Market, by Price Category

  • Mass
  • Premium

Global Ice Hockey Sticks Market, by Consumer Group

  • Adults
  • Children

Global Ice Hockey Sticks Market, by Distribution Channel

  • Online
    • Company-owned  Websites
    • E-commerce Websites
  • Offline
    • Specialty Stores (Sports Store/ Franchise Store)
    • Hypermarket/Supermarket
    • Other (Retail Stores etc.)

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Ice Hockey Sticks Market

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