The new report by Expert Market Research titled, ‘Global Sports Protective Equipment Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global sport’s protective equipment market, assessing the market based on its segments like product type, area of protection, distribution channel, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2016-2026)
- Historical Market Size (2020): USD 8,092 Million
- Forecast CAGR (2021-2026): 5.0%
- Forecast Market Size (2026): USD 11,479 million
There are safety standards that are set by the national health and public health organisations under the government to identify risks and protective equipment, consequently, to protect athletes during sporting activities. Such rules increase the demand for protective equipment and help increase their market worth. The variety in the types of protective equipment available, owing to different high-risk areas in different sports, also increases the application and scope of the market. Moreover, increased fan engagement in sports is propelling the sports industry, augmenting the number of teams, leagues, and sporting events all together, which is anticipated to help the market further. Also, growing acceptance of sports as a fitness activity and a professional career has led to more participation at all levels. This will also have a positive impact on sports protective equipment market.
Industry Definition and Major Segments
Sports protective equipment refers to protective gears that are worn while playing a sport or performing any recreational activity. This equipment is designed to enable protection against any unforeseen injuries that might occur while playing. There is equipment to protect the skull, eye, face, mouth, among other body parts.
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On the basis of product type, the market is segmented into:
- Helmets & Other Headgear
- Protective Eyewear
- Face Protection & Mouth Guards
- Pads, Guards, Chest Protectors, & Gloves
Based on area of protection, the market is divided into:
- Head & Face
- Trunk & Thorax
- Upper Extremity
- Lower Extremity
Based on distribution channel, the market is bifurcated into:
- Specialty Retail Store
- Multi-Retail Stores
- Online Stores and Others
The major regional markets include:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Market Trends
The increasing number of sporting events around the globe with respect to different sports and an improved understanding of safety is invigorating the market for sports protective equipment. Injuries during sports or recreational activities lead to huge social and economic costs and to prevent accidental sports injuries, quality protective equipment are crucial. This strengthens the market and is anticipated to make it stronger in the coming future as well. Additionally, the increased penetration of internet and the consequent boost of e-commerce along with rising disposable income is also expected to provide more growth opportunities for the industry. Demand for equipment which are simple to fit and maintain, durable and reliable, and cause minimal functional interference will strongly influence the market.
Key Market Players
The major players in the market are Adidas AG, Amer Sports, ASICS America Corporation, BRG Sports, Nike, Inc, Puma SE, and Under Armour, Inc., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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June 24, 2019: The global sports protective equipment market size is expected to reach USD 12.1 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.4% over the forecast period.
The market is expected to witness significant growth owing to growing popularity of sports activities in schools and colleges.Increasing popularity of outdoor games such as soccer and American football is expected to increase the demand for sports protective gears over the forecast period.
Moreover, increasing number of sports leagues and outlets is expected to provide growth opportunities for the market in the coming years.
In addition, sports clubs are raising awareness among people by conducting events at various places across the world, which will have a positive impact on the sports protective equipment market growth.Download sample Copy of This Report at: https://www.radiantinsights.com/research/sports-protective-equipment-market/request-sampleFor instance, since 2007, the National Football League (NFL), one of the most popular sporting leagues in U.S., has organized several events in London to increase awareness regarding American football.
In 2017, NFL organized four game events in London and around 84,500 fans came to watch the match between Jacksonville Jaguars and Baltimore Ravens at Wembley Stadium.In 2018, the head and headgear product segment dominated the market and is expected to maintain its lead over the forecast period.
For instance, Phillip Joel Hughes was an Australian Test and One Day International (ODI) cricketer who played domestic cricket for South Australia and Worcestershire, died during the match due to head injury, which has created awareness among the young enthusiastic players.
The global sports protective equipment material market was valued at $1,137.4 million in 2018, and is expected to reach $1,511.2 million by 2026, registering a CAGR of 3.5% from 2019 to 2026.
Surge in participation in sports in India is owing to a larger base of youth population along with government initiatives, to promote and encourage sports participation in the region, which is anticipated to propel the market.Sports Protective Equipment Material Market Segmentation:The sports protective equipment material market is segmented based on material type, product type, and region.Get Enquiry More About This Report:http://www.marketgrowthanalysis.com/reports/sample/225KEY MARKET SEGMENTSBy Material TypeFoamOpen cell foamClosed cell foamPadsGelsMetalsPlasticsOthersBy Product TypeHelmet and Other HeadgearPads, Guards, Chest Protectors, and GlovesProtective EyewearFace Protection and Mouth GuardsBy RegionNorth AmericaEuropeAsia-PacificLAMEAAfter Asia-Pacific, LAMEA experiences rapid growth in the sports protective equipment material market.
Others sports that are popular among the masses in Brazil are basketball, skateboarding, horse riding, boxing, water polo, roller hockey, and others, which has positively impacted the demand for the sports protective equipment market.Get Request For Discount:http://www.marketgrowthanalysis.com/reports/enquiry/225The sports protective equipment material market analysis covers in-depth information of major industry participants.
Some of the major players in the market include Zotefoams plc, Pomona Quality Foam, LLC, Advanced Cellular Technologies (ACT), Mahasach India Pvt.
Ltd., GNG Group (GNG), Sanspareils Greenlands (SG), Xenith LLC, (Xenith), and Vista Outdoor Operations LLC.
(Vista Outdoor), Cameo Sports Agencies Private Limited, and UVEX SPORTS GmbH & Co. KG (Uvex Sports).Other players in the value chain of the sports protective equipment material market include Hans Rubber & Sports (P) Ltd., Tuffy Pad, Douglas Pads, Sanspareils Greenlands, Diversified Gel Limited, Rebel Sport Limited, Jenson, Inc., Sting Sports USA, Aurora Sports Limited, Spirit Sports (HK) Co., Ltd, and others.Full View of Report Analysis:http://www.marketgrowthanalysis.com/sports-protective-equipment-material-marketMarket Growth Analysis is one of the leading digital services provider and a result-oriented company based in Malaysia.
The Global Sports Protective Equipment Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The report offers a value chain analysis that gives a comprehensive outlook of the sports protective equipment market.
The attractiveness analysis of this market has also been included so as to evaluate the segments that are anticipated to be profitable during the forecast period.Browse the complete Global Sports Protective Equipment Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/6833-sports-protective-equipment-market-reportThe report also covers the complete competitive landscape of the global Sports Protective Equipment market with company profiles of key players such as:AdidasAmerBillabongBRGColumbia SportFranklin SportsMcDavidMizunoNikePumaUnder ArmourSchutt SportsSEGMENTATIONS IN REPORT:Sports Protective Equipment Market Analysis by Type:Cycling Protective EquipmentBall Sports Protective EquipmentBaseballSoccerFootballSoftballBasketballVolleyballCricketHockeyRacquet SportsOthersExtreme Sports Protective EquipmentHard And Soft Adventure SportsMotor RacingPaintballOthers Protective EquipmentWinter SportsArcheryPogo SticksBilliardsMartial ArtsIndoor GamesIn-Line SkatingBowlingWheel SportsFishing EquipmentSports Protective Equipment Market Analysis by Distribution Channel:Specialty And Sports ShopsDepartment And Discount StoresOnline RetailSports Protective Equipment Market Analysis by Geography:North AmericaEuropeAsia PacificRest of the WorldDownload Free Sample Report of Global Sports Protective Equipment Market @ https://www.decisiondatabases.com/contact/download-sample-6833The Global Sports Protective Equipment Market has been exhibited in detail in the following chapters –Chapter 1 Sports Protective Equipment Market PrefaceChapter 2 Executive SummaryChapter 3 Sports Protective Equipment Industry AnalysisChapter 4 Sports Protective Equipment Market Value Chain AnalysisChapter 5 Sports Protective Equipment Market Analysis By Analysis by TypeChapter 6 Sports Protective Equipment Market Analysis By Distribution ChannelChapter 7 Sports Protective Equipment Market Analysis By GeographyChapter 8 Competitive Landscape Of Sports Protective Equipment CompaniesChapter 9 Company Profiles Of Sports Protective Equipment IndustryPurchase the complete Global Sports Protective Equipment Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-6833Other Reports by DecisionDatabases.com:Global Personal Protective Equipment (PPE) Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Sports Medicine Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Sports Nutrition Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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We provide intellectual, precise and meaningful data at a lightning speed.For more details:DecisionDatabases.comE-Mail: [email protected]: +91 9028057900Web: https://www.decisiondatabases.com/
