Global Sports Protective Equipment Market, By Sports Type (Racing Sports, Ball Sports, Water Sports, Extreme Sports, Others), Product Type (Helmets and Headgears, Protective Eyewear, Face Protection and Mouth-Guards, Pads, Guards, Chest Cover and Gloves), Area of Protection (Head and Face, Trunk and Thorax, Upper Extremity, Lower Extremity), Application (Ball Games, Water Sports and Racing, Mountaineering, Others), Distribution Channel (Department and Discount Stores, Sports Shop and Specialty Stores, Online Stores, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Sports Protective Equipment Market Analysis and Insights
Sports protective equipment market size is valued at USD 9.66 billion by 2028 and is expected to grow at a compound annual growth rate of 5.42% for the forecast period of 2021 to 2028. Sports protective equipment market report analyses the growth, which is currently being growing due to the increase in demand for the sporting goods and rising popularity of sports leagues.
Sports protective equipment is the type of tools that protect one while playing games and sports. It is specially designed in such how that it brings ease while playing a sport and safety from any accident which can occur while playing.
The rapidly escalating levels of spending on sports equipment devices by consumers is one of the primary factors driving the sports protective equipment market growth rate. Moreover, the substantial increase of international and national sports events as well as the high growth in consumer awareness regarding health and fitness is also fueling the growth of the sports protective equipment market in the forecast period of 2021 to 2028.
Also the market is largely driven by the rapid increase in consumer spending on sports equipment. Additionally, the growing interest in personal appearance amongst the individuals, promoting health consciousness among people, increasing population and rising disposable incomes are also highly impacting the growth of the sports protective equipment market. While, the increase in participation in sports activities and surge in participation is endorsed to ever-increasing campaigns by sports governing bodies and professional leagues which are also one of the major factors driving the growth of the sports protective equipment market in the above mentioned forecast period. In addition, the significant growth in consumer awareness regarding the health benefits presented by indulging in physical activities along with rapid technological advancement in sports protective equipment and development of advanced protective equipments will further bring various opportunities that will lead to the growth of the sports protective equipment market in the above mentioned forecast period.
However, the increasing threat of counterfeit products and high pricing of good quality sports equipment are the major limiting factor for sports protective equipment market, whereas the, lack of awareness regarding the product have the potential to challenge the growth of the sports protective equipment market in the forecast period of 2021 to 2028.
This sports protective equipment market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on sports protective equipment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Sports Protective Equipment Market Scope and Market Size
Sports protective equipment market is segmented on the basis of sport type, product type, area of protection, application and distribution channel. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of sport type, the sports protective equipment market is segmented into racing sports, ball sports, water sports, extreme sports and others.
- Based on product type, the sports protective equipment market is segmented into helmets and headgears, protective eyewear, face protection and mouth-guards, pads, guards and chest cover and gloves.
- On the basis of area of protection, the sports protective equipment market is segmented into head and face, trunk and thorax, upper extremity and lower extremity.
- Based on application, the sports protective equipment market is segmented into ball games, water sports and racing, mountaineering and others.
- The distribution channel segment of the sports protective equipment market is segmented into department and discount stores, sports shop and specialty stores, online stores and others.
Sports Protective Equipment Market Country Level Analysis
Sports protective equipment market is analyzed and market size, volume information is provided by country, sport type, product type, area of protection, application and distribution channel as referenced above.
The countries covered in the sports protective equipment market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America leads the sports protective equipment market because of the rapidly increasing popularity of American football and ice hockey across the world. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the growing penetration of schools and colleges, associated with a rapid increase in the number of sports events within the region.
The country section of the sports protective equipment market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Sports Protective Equipment Market Share Analysis
Sports protective equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to sports protective equipment market.
The major players covered in the sports protective equipment market report are Amer Sports, Nike, Inc., Adidas AG, Puma SE, Harrow Sports, Under Armour, Inc., BAUER Hockey, LLC, Mizuno USA, Schutt Sports, DuPont, FRANKLIN SPORTS INC., DELTA PLUS, BRG SPORTS, Dunlop Sports, ANSELL LTD., McDavid, ASICS Corporation, Grays of Cambridge (International) Ltd, WARRIOR SPORTS and Alpinestars among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.