Global Sports Protection Equipment Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
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Global Sports Protection Equipment Market Overview :
“The global Sports Protection Equipment Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global sports protection equipment market report has been segmented on the basis of product type, distribution channel, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market.
In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
In sports activities it is necessary to wear protective gear to avoid physical injury. Sports protection equipments are designed to protect an individual during sports activities. These equipments are also designed according to the type of sports played by individuals such as non-contact sports, limited-contact sports, and contact sports. In cases of multiple impacts, highly resilient material is used for the manufacturing of sports protection equipments.
Sports protection gears are made from various materials such as foam, gel, thermoplastics, silicone elastomer, etc. In most of the countries, has stringent rules and regulations for the players regarding wearing sports protection gears while playing.
Growing awareness regarding the benefits of wearing sports protection equipments during sports activities, is a major factor anticipated to boost the demand and drives the growth of the global sports protection equipment market. In addition, increasing participations in sports activities, owing to current fitness trend is another factor fueling the demand of the protective gears and propel the growth of the market.
The rising popularity of sports and increasing number of sports events at the national and international level also expected to drive the growth of the market over long run. Rising disposable income coupled with increasing e-commerce are also expected to bolster the growth of the target market.
However, the high cost of sports protective gear may hamper the demand and restrain the growth of the global sports protection equipment market. Nevertheless, the introduction of cost effective sports protection equipment and further research and development activities to improve protection gear can create higher revenue opportunities for players in the target market.
The North America accounts for the largest market share in terms of revenue and expected to maintain its dominance over the forecast period, owing to significant participation in various sports activities by young population and availability of different types of sports protection equipments in the region. Europe is expected to register an average growth in terms of revenue in the near future.
The Asia Pacific market is anticipated to witness a fastest growth, especially in emerging economies, owing to increasing participation in sports activities and rising disposable income.
Global Sports Protection Equipment Market Segmentation:
Segmentation by product type:
- Protective Eyewear
- Mouth Guards
- Athletic shoes
- Chest Protectors
- Gloves and Pads
Segmentation by distribution channel:
- Supermarkets and Hypermarkets
- Retail Stores
- Specialty Stores
- Online Stores
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Alma Lasers Ltd.
- Cutera Inc.
- Cynosure Inc.
- Fotona d.d.
- Lumenis Ltd.
- Lutronic Corporation
- Lynton Lasers Ltd.
- Sciton Inc.
- Solta Medical Inc.
- Syneron Medical Ltd.
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