A recent report published by
Infinium Global Research on sports protective equipment market provides
in-depth analysis of segments and sub-segments in the global as well as
regional sports protective equipment market. The study also highlights the
impact of drivers, restraints, and macro indicators on the global and regional
sports protective equipment market over the short term as well as long term.
The report is a comprehensive presentation of trends, forecast and dollar
values of the global sports protective equipment market. According to the
report, the global sports protective equipment market is projected to grow at a
CAGR of 4.1% over the forecast period of 2019-2025.
Sports safety is of vital
importance nowadays. Several protective equipment’s' are used for injury
prevention in sports activities. Sports protective equipment includes helmets,
face protection, and mouth guards, protective eyewear, and other equipment.
Most of the sports injuries are preventable with the use of safety equipment.
The growing regulations related to safety in various sport events boost the
demand for sports protective equipment.
The growing awareness about
safety precautions and the rise in the number of injuries is a major factor
contributing to the growth of the sports protective equipment market. In the U.S., around 3.5 million children get injured annually playing sports. The
increasing head injuries concern boosts the growth of the sports protective
equipment market. About 21 percent of all traumatic brain injuries in American
children is because of sports and recreational activities. The rising adoption
of an e-commerce platform that provides a wide range of variety in different
price categories stimulates the demand for sports protective equipment.
Furthermore, the increasing number of sports events worldwide and easy
availability and accessibility to all types of sports equipment promotes the
growth of sports protective equipment market. The revenue in sports events has
an annual growth rate of 8.1%. New sports equipment are more efficient,
lighter and stronger with a biomechanical system interacting with the user.
Such developments in sport protective equipment for better and smart safety
solutions contribute to the rise in the growth of the sports protective
equipment market. On the other hand, the threat of counterfeit products hampers
the growth of the sports protective equipment market. Moreover, growing
innovations in the existing products and the launch of new safety gears are
anticipated to create fruitful opportunities for the market.
North America is anticipated to
hold a dominant share in the global sports protective equipment market. The
rising sports participation and surge in the purchasing power of consumers in
the U.S. drives the growth of the sports protective equipment market in North
America. Europe is expected to grow with a significant CAGR over the forecast
period as Europe is a popular destination for sports events such as FIFA, the
French Open, hockey and basketball league and many more. Asia-Pacific region is
growing in the global sports protective equipment market due to the growing
participation of several Asian players in sports activities as well as the
growing awareness about the use of safety gears in developing countries such as
India and China.
The report on global sports
protective equipment market covers segments such as product and application. On
the basis of product, the sub-markets include hand protection, head protection,
lower body protection, and other products. On the basis of application, the
sub-markets include ball games, water sports and racing, mountaineering and
rock climbing, and other applications.
The report provides profiles of
the companies in the market such as Adidas AG, GNG Group, Amer Sports Oyj,
ASICS Corporation, McDavid Inc., Mueller Sports Medicine, Inc., Grays of
Cambridge International Ltd., Nike Inc., Puma SE, Under Armour Inc., and other
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of sports protective equipment market. Moreover, the study highlights
current market trends and provides forecast from 2019-2025. We also have
highlighted future trends in the market that will affect the demand during the
forecast period. Moreover, the competitive analysis given in each regional
market brings an insight into the market share of the leading players.