Market Size in 2023 | Market Forecast in 2032 | Growth Rate (in %) | Base Year |
---|---|---|---|
USD 8.50 Billion | USD 12.31 Billion | CAGR at 4.20% | 2023 |
According to the report published by Zion Market Research, the global Sports Protective Equipment Market size was valued at USD 8.50 Billion in 2023 and is predicted to reach USD 12.31 Billion by the end of 2032. The market is expected to grow with a CAGR of 4.20% during the forecast period. The report analyzes the global Sports Protective Equipment Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Sports Protective Equipment Market industry.
Sports nowadays are seen as full proof solutions to stay fit and healthy. With the intention to keep in healthy position, teenagers of low age are also engaging themselves in one or the other form of sports. The overall activity requires the physical involvement of body which ultimately mandates a provision of safety equipment. Involvement in sports type that requires a high combination of physical strength, mind consciousness, and muscular capabilities are classified under various safety standards to avoid bodily damage or death of the sports players. There is various sports format that cannot be played without appropriate protective gears.
The global sports protective equipment market is basically segmented on the basis of various types of product, specific protection of the human body, and distribution channel.
On the basis of product, the global sports protective equipment market is differentiated as pads, gloves, chest protectors, protective eyewear, helmet & other headgear, guards, mouth guards, and face protector.
By specific protection of the human body, the global sports protective equipment market is segmented as trunk and thorax, lower extremity, upper extremity, head, and face.
On the basis of the distribution channel, the global sports protective equipment market can also be bifurcated into online stores, specialty retail stores, and multi-retail stores and many others.
Growing awareness about the safety precautions and growing injuries on the grounds has motivated the growth of the global sports protective equipment market. Rising number of sports events around the globe of different formats such as Common Wealth, Olympics, World Cup, and others motivate the clubs and individual players to procure high-quality safety equipment has been driving the growth of the global sports protective equipment market. The emergence of e-commerce platforms has reduced the gap between the players and aspiring sportsmen, owing to which there is easy availability and accessibility to every type of equipment is gained. This can be considered as the key driving factor for the sports protective equipment market. On the other side, constant development of better and smart safety equipment that is lightweight and deliver high durability on the field is also a factor responsible for the growth of the global market.
Report Attributes | Report Details |
---|---|
Report Name | Sports Protective Equipment Market Research Report |
Market Size in 2023 | USD 8.50 Billion |
Market Forecast in 2032 | USD 12.31 Billion |
Growth Rate | CAGR of 4.20% |
Number of Pages | 196 |
Key Companies Covered | Xenith, Mueller Sports Medicine Inc, Amer Sports Corporation, Asics Corporation, Adidas AG, Nike Inc., Under Armor In, Puma SE, and McDavid Inc |
Segments Covered | By Product, By Specific protection of the human body, By Distribution channel and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Considering the constant performance of North America and dominance, it is also expected to retain its position in the coming period. The Asia Pacific and Europe share the second position in the global sports protective equipment market listing. Constant economy growth and growing disposable income in countries such as Japan, India, and China are anticipated to pace up the speed of the market growth.
Some of the leading players aggressively assisting to uplift the global sports protective equipment market through their diverse range of products include:
By Product
By Specific protection of the human body
By Distribution channel
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