Skip to main content

Field Hockey Equipment Market: Study Top Key Players, Application, Growth Analysis And Forecasts To 2022

Field Hockey Equipment Market Opportunities  

According to Transparency Market Research, the global field hockey equipment market had a valuation of more than US$1.6 bn in 2017. Driven by the rising institutional adoption of field hockey, the global field hockey equipment market is likely to exhibit steady growth over the 2017-2022 forecast period and is expected to reach a valuation of close to US$1.8 bn.
The field hockey equipment market is likely to exhibit rapid growth in the coming years thanks to the rising popularity of field hockey and the increasing number of urban users taking an interest in the sport. The increasing televised coverage of field hockey tournaments and the consequent rise in the demand to formalize field hockey leagues in several developing countries has led to significant demand from the global field hockey equipment market. The field hockey equipment is also likely to benefit from the rising adoption of online shopping channels by urban consumers, as it has made it increasingly easy for consumers to purchase field hockey equipment. 
While field hockey is still less popular than sports such as football, the growing commercial scope of the sport is likely to lead to strong growth of the field hockey equipment market in the coming years. The rising awareness about the benefits of cardiovascular exercise is also likely to drive interest in field hockey, thus driving the global field hockey equipment market.
To understand how our report can bring a difference to your business strategy, Buy Now https://www.transparencymarketresearch.com/checkout.php?rep_id=30110&ltype=S

Global Field Hockey Equipment Market: Key Insights
Field hockey shoes are likely to remain the leading revenue generator for the global field hockey equipment market in the coming years. Shoes accounted for 47.9% of the global field hockey equipment market in 2017, the segment being valued at US$772.6 mn. The shoes segment is likely to exhibit a strong 2.3% CAGR over the forecast period, rising to a valuation of US$866.5 mn. The segment’s share in the global field hockey equipment market is expected to rise to 48.1% over the forecast period, driven by the consistent product development in the footwear sector and the increasing commercial scope of sports footwear.
Europe is the leading contributor to the global field hockey equipment market due to longstanding popularity of the sport in Central European countries such as Germany and the Netherlands. The Europe field hockey equipment market is expected to exhibit a steady 2.3% CAGR over the 2017-2022 forecast period and is expected to end up at a valuation of US$675.4 mn.
The dominance of countries such as Germany, the Netherlands, and Australia on the international level has helped the field hockey equipment market in the respective regions. The Asia Pacific except Japan (APEJ) market for field hockey equipment is thus also likely to exhibit steady growth in the coming years due to rising demand from Australia as well as the increasing interest in hockey in the Indian subcontinent. The APEJ field hockey equipment market is expected to rise to a valuation of US$520.7 mn over the 2017-2022 forecast period at a solid 2.2% CAGR. Japan is also likely to emerge as a key market for field hockey equipment in the coming years, with the market expected to be valued at US$66.1 mn by 2022.
Request For COVID19 Impact Analysis Across Industries And Markets - Field Hockey Equipment Market

Growing awareness among the population about the cardiovascular benefits of field hockey is likely to remain a key driver for the field hockey equipment market. Field hockey is an extremely physically demanding sport and provides comprehensive physical benefits. As a result, individual as well as institutional preference for field hockey is increasing, leading to growing demand from the global field hockey equipment market. The rising availability of field hockey equipment on online shopping portals is also likely to remain a key aid for the global field hockey equipment market over the coming years due to growing preference for the convenience of online shopping shown by urban users.
Competitive Dynamics
The global field hockey equipment market features numerous leading players such as Grays International, Mazon Hockey, Gryphon Hockey, Adidas AG, Osaka Hockey, OBO, and TK Hockey. The field hockey equipment market is likely to retain a high degree of fragmentation in the coming years due to the presence of lucrative commercial opportunities across the world and the extensive scope for small-scale local manufacturers.
More Trending Reports by Transparency Market Research –  

Labels

Labels:

Comments

Post a Comment

Popular posts from this blog

Lipid Profile Market: Information, Figures And Analytical Insights 2027 | Abbott., Akers Biosciences, Inc., Beckman Coulter

Emerging product trends, major drivers, challenges and opportunities in the market are identified and analysed apparently while generating this credible  Lipid Profile Market  analysis report. It helps customers or other market participants to be aware of the problems they may face while operating in the Lipid Profile industry over a longer period of time. The market data is analysed and forecasted using well established market statistical and coherent models. The global Lipid Profile business report is generated based on the market type, size of the organization, availability on-premises, the end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. The scope of this Lipid Profile Market report extends from market scenarios to comparative pricing between major players, cost and profit of the specified market regions. The data collected to structur...
Post a Comment
Read more

Plastic Solar Cell Market: Key Players and Production Information analysis

The basic functioning of a solar cell is to convert light energy into electrical energy. Traditional solar cells are made up of silicon based layer PV (Photovoltaic) cells that absorb heat from the sun and produces energy. Sunlight consists of very small particles of photons that are absorbed by the solar cells. When the sunlight strikes the surface of the semiconductor material of the solar cell, photovoltaic effect takes place that converts light energy into DC (direct current) electricity. The produced direct current is then converted into alternating current through an inverter. Scientists have invented new  plastic solar cells  that can turn the sun power into electrical energy even on a cloudy day. This new infrared plastic solar cell uses nanotechnology that absorbs the infrared part of the sun’s energy. The solar cell consists of nanorods scattered in the cell and present in the layer between electrodes. These nanorods are made up of cadmium selenide and are coa...
Post a Comment
Read more

Activated Carbon Filters Market To 2028 Global Industry Analysis, Size, Share, Growth, Trends, and Forecast | TIGG LLC, PURAGEN ACTIVATED CARBONS, Cabot Corporation, WesTech Engineering

  Activated Carbon Filters Market  report is an excellent report that makes it possible to the Activated Carbon Filters industry can be highly benefited with this market research report which brings market and competitive landscape clearly into the focus and help make better decisions. Market segmentation has also been performed in detail based on various parameters that include applications, verticals, deployment model, end user, and geography. Expert solutions combined with potential capabilities prepare this winning Activated Carbon Filters Market document to be outperforming for the Activated Carbon Filters Data models employed for the research methodology are vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. Not to mention, the data is collected only from the dependable sources such as journals, newspapers, compa...
Post a Comment
Read more