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Field Hockey Equipment Market Size

  • Report ID: GMI11611
  • Published Date: Sep 2024
  • Report Format: PDF

Field Hockey Equipment Market Size

The global field hockey equipment market size was valued at USD 4.9 billion in 2023 and is estimated to grow at a CAGR of 4.3% from 2024 to 2032. Major tournaments such as the Hockey World Cup and the Olympics have significantly increased the visibility of field hockey, showcasing elite talent and exciting matches.

 

This exposure has spurred interest and participation in the sport. Countries with strong field hockey traditions, including India, Australia, the Netherlands, and Germany, continue to actively promote the sport. According to the International Hockey Federation (FIH), these nations have consistently ranked among the top in global competitions. Additionally, emerging markets in Asia and Africa are beginning to invest in field hockey, contributing to its global footprint. For instance, the FIH reports a 20% increase in field hockey participation in these regions over the past five years.
 

Educational institutions, from schools to universities, are increasingly incorporating field hockey into their physical education programs, leading to greater youth engagement. The National Federation of State High School Associations (NFHS) notes a steady rise in field hockey participation at the high school level in the United States, with a 15% increase over the last decade.
 

Field hockey faces competition for attention, resources, and sponsorships from more popular sports such as soccer, basketball, and cricket. The dominance of established brands in the market creates barriers for new entrants, making it challenging to compete on price and innovation. In regions where field hockey is not widely recognized, limited consumer awareness and engagement hinder market expansion. Additionally, in some countries, local sports overshadow field hockey, complicating efforts to establish a presence.
 

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global market for field hockey equipment was valued at USD 4.9 billion in 2023 and is projected 20to grow at a CAGR of 4.3% from 2024 to 2032.

The equipment segment, which includes field hockey sticks and balls, holds the maximum share in the market. It generated around USD 3.6 billion in 2023 and is expected to grow at a CAGR of 4.4% in the coming years.

The market is divided into online and offline channels. The offline segment, including specialty and sports shops, holds around 66.1% of the total market share and is expected to grow at a CAGR of 3.9% during the forecast period.

The offline segment, including specialty and sports shops, holds around 66.1% of the total market share and is expected to grow at a CAGR of 3.9% during the forecast period. Offline retailers offer expert advice and allow customers to physically inspect, handle, and test equipment like sticks and protective gear.

North America held around 37.4% of the market in 2023 and is expected to grow at a CAGR of 5.3%. The region's focus on youth programs and the popularity of field hockey as a women's sport have driven participation, especially at the high school level.

Major players in the market include Adidas AG, Gryphon Hockey Ltd, Grays Hockey, STX, Harrow Sports, and Kookaburra Sport Pty Ltd, among others.

Field Hockey Equipment Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 30
  • Countries covered: 19
  • Pages: 120
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