According to research report published by We Market Research about Field Hockey Shoes Market , Every hockey shoe is designed to absorb shock and offer the stability and cushioning that modern field hockey players need. The bottoms of hockey shoes have cleats designed for playing on sand and artificial turf. The asymmetrical lacing pattern mimics the natural contours of your foot to ensure a snug fit.
Field Hockey Shoes Market was valued at USD 50 million in 2022 and is estimated to reach a value of USD 80 million by 2033 with a CAGR of 3.5% during the forecast period 2023-2033.
As hockey becomes more popular, hockey shoes should become more in demand in the near future. There is also an increase in television coverage of hockey leagues and competitions. Manufacturers offer a variety of footwear in a multitude of design, color, and price options to cater to consumers’ various wants and budgets. This factor is expected to positively affect the hockey shoe market throughout the course of the projected period.
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Sectional Evaluation
Sales via offline channels like department stores, sports goods stores, and specialized shops are what fuel the field hockey shoe business. Because players and enthusiasts like to try on the shoes before making a purchase, these channels hold a sizable portion of the industry.
On the other hand, field hockey shoe sales through online channels are also gaining in popularity due to the expanding reach of e-commerce. Players can purchase from the comfort of their homes with ease through online sales channels, which also offer a greater selection of products, affordable prices, and simple access to product details and reviews.
Segmental Assessment
By Type
- Adult
- Children
- Others
By Sales Channel
- Offline retail stores
- Online retail stores
- Others
Regions
North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- Korea
- Rest of Asia pacific
South America
- Brazil
- Argentina
- Colombia
- Rest of South America
Middle East & Africa
- UAE
- Saudi Arabia
- Egypt
- Oman
- Kuwait
- South Africa
- Rest of MEA
Main Trends
Product technological advancement is anticipated to drive the global market for hockey shoes.
In order to meet the demands of many regional markets globally, manufacturers are focusing on technological developments and product enhancements. The efficacy of their products is a major concern for hockey shoe manufacturers. For example, Nike unveiled a brand-new shoe technology called joyride technology, which is intended to increase fit and comfort while cushioning the foot’s impact.
An Increase in Leisure Time Will Affect the Need for Hockey Sneakers
It is anticipated that the popularity of recreational activities like video games, movies, music festivals, and other events will limit the growth of the hockey shoe market. In addition, the market for hockey shoes is being negatively impacted by the growing usage of smartphones, the internet, and indoor activities.
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Competitive Landscape
The prominent companies defining the competitive terrain of this marketplace are Adidas, Kering, Nike, New Balance, Under Armour, 3N2, JOMA SPORT, Amer Sports, ASICS, Diadora Sport, Mizuno, and others.