Global Sports Protective Equipment Market Overview 2023-2028
IMARC Group, a leading market research company, has recently releases report titled “Sports protective equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global sports protective equipment market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
The global sports protective equipment market size reached US$ 7.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 10.7 Billion by 2028, exhibiting a growth rate (CAGR) of 5.1% during 2023-2028.
Sports protective equipment refers to the specialized attire and gear that athletes and recreational participants wear to minimize the risk of injuries during physical activities. It consists of helmets, mouth guards, pads, shin guards, goggles, and gloves. It is made with high-quality materials and ergonomic designs. It can be constructed from materials, such as foam, plastic, metal, and fabric, chosen for their durability and shock-absorbing properties. It ensures optimal protection without hindering the performance of the athlete. It serves as a preventive measure against various injuries, such as concussions, fractures, sprains, and strains.
Global Sports Protective Equipment Market and Drivers:
At present, the increasing awareness about the importance of safety in sports and recreational activities represents one of the crucial factors impelling the market growth. Additionally, the growing implementation of stringent regulations by sports organizations and governing bodies mandating that participants wear specific types of protective gear is positively influencing the market. Besides this, the rising integration of technology, such as wearable sensors and communication devices, into sports protective equipment for monitoring and data collection is enhancing the appeal and utility of these products. Moreover, the increasing availability of sports protective equipment in a wide range of retail outlets, including sporting goods stores, department stores, and online marketplaces, is making it easier for buyers to choose the appropriate product for themselves. In addition, the growing focus on maintaining an active lifestyle by engaging in various sports is driving the demand for protective equipment, such as weightlifting gloves, wrist wraps, and compression apparel. Furthermore, the ongoing research and development (RD) efforts by manufacturers to create innovative, lightweight, and highly efficient protective gear are attracting buyers looking for the latest advancements in safety technology. Apart from this, the increasing educational initiatives by manufacturers and sports organizations to educate individuals about the specific benefits of various types of sports protective equipment are leading to informed purchasing decisions.
Global Sports Protective Equipment Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are:
Adidas AG, Alpinestars, Amer Sports Oyj, ASICS Corporation, Franklin Sports Inc., Mizuno Corporation, Nike Inc., Puma SE, Under Armour Inc., Vista Outdoor Inc. and Warrior Sports Inc. (New Balance)
The report segmented the market on the basis of region, product type, area of protection and distribution channel.
Breakup by Product Type:
• Pads, Guards, Chest Protectors and Gloves
• Helmets and Other Headgear
• Protective Eyewear
• Face Protection and Mouth Guards
Breakup by Area of Protection:
• Head and Face
• Trunk and Thorax
• Upper Extremity
• Lower Extremity
Breakup by Distribution Channel:
• Specialty Retail Stores
• Multi-Retail Stores
• Online Stores
• Others
Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
Key highlights of the report:
• Market Performance (2017-2022)
• Market Outlook (2023- 2028)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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