Sports Protective Equipment Market Anticipated To Observe Steady Growth During Forecast Period 2017 - 2025
About Sports Protective Equipment Market
Global Sports Protective Equipment Market: Overview
Sports
equipment market is anticipated to observe steady growth during the
forecast period. Growing participation in sports activities coupled with
rising awareness about safety offered by these products is stimulating
the demand for sport protective equipment market globally. In addition,
rapid growth of the e-commerce industry has further attributed to the
growth of this market at present. Online distribution channel offers
various benefits such as variety of product offering, numerous options
such as different brand, color, size, price variation, easy delivery,
time saving and others. Growth of the e-commerce industry has allowed
the manufacturers to reach out to a wider customer base and offer
various products as per consumer’s preference, which is also responsible
for the growth of the market.
Moreover,
many manufacturers are focused on introducing light weight sports
protective equipment and its offers high performance due to their
flexibility and stiffness. This factor is likely to push the demand
forward for such products. However, rise in the number of counterfeit
products over the years had led to the disruption of the brand image of
the major manufacturers, which is hampering the growth of the market at
present. However, the impact of this driver is expected to minimize by
the end of the forecast period. Moreover, counterfeit products slow down
the economy of a country as well.
Global Sports Protective Equipment Market: Segmentation
The
global sports protective equipment market is segregated on the basis of
product type into head protection, hand protection, lower body
protection and others. Head protection held the majority market share
whereas lower body protection is likely to be the most attractive
segment and is anticipated to witness the most rapid growth rate during
the forecast period. The demand for hand protection is fairly high among
the consumers owing to their application in various sports activities.
Following lower body protection is the others segment, which is
experiencing a steady growth in demand across the globe. Others segment
includes mouth guard, eye protection and footwear. In terms of
application the sports protective equipment market is segmented by water
sports and racing, ball games, mountaineering and rock climbing and
others.
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Sports
protective equipment mostly used in water sports and racing
application, therefore this segment held the largest market share in
2016 and it is expected a steady growth during the forecast period.
Water sports includes coasteering, snorkeling, water skiing, jet skiing
and others. Some of the countries famous for water sports such as
Thailand, U.S.A., India, Mauritius, Australia and others. These
countries are famous for tourism business this fuelling the growth of
the water sports industry.. Cricket, football, basketball, tennis,
baseball, soccer and others are famous ball sports. Sports protective
equipments used in ball games are mainly for head protection, hand
protection and shin protection. The others segments include wrestling,
boxing, and fencing. Head protection, hand protection, protective
clothes are used in these sports segments.
Companies Mentioned in the Report
The
major vendors in the global sports protective equipment Market are Nike
Inc., Adidas AG, Puma SE, Asics Corporation, Amer Sports Corporation,
Xenith, Under Armour Inc., McDavid Inc., Mueller Sports Medicine Inc.
and Grays International among others. Some of the key strategies adopted
by these companies include mergers and acquisitions, joint ventures and
partnerships, product innovations, and geographical expansions.
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For
instance, Nike Inc., constantly strives to add new products in its
sports protective footwear segment in order to increase its
competitiveness in the market. Additionally, Adidas AG is continuously
focused on introducing new products to expand its product portfolio in
order to penetrate in the new market. Moreover, Puma SE constantly
strives to add new products to its protective footwear segment in order
to increase its customer base globally.
The segments covered in the global sports protective equipment market are as follows:
By Product
Head Protection
Hand Protection
Lower Body Protection
Others
By Application
Water Sports & Racing
Ball Games
Mountaineering and Rock Climbing
Others
By Region
North America
U.S.
Rest of North America
Europe
U.K.
Germany
France
Italy
Rest of Europe
Asia Pacific
China
India
Japan
Middle East and Africa
A.E
South Africa
Rest of Middle East and Africa
Latin America
Brazil
Rest of Latin America
Table of Content
Chapter 1 Preface
1.1 Research Scope
1.2 Market Segmentation
1.3 Research Highlights
Chapter 2 Assumptions and Research Methodology
2.1 Report Assumptions
2.2 Acronyms Used
2.3 Research Methodology
Chapter 3 Executive Summary
3.1 Overview
3.2 Market Snapshot
Chapter 4 Market Dynamics
4.1 Introduction
4.2 Key trend Analysis
4.3 Drivers and Restraints Snapshot Analysis
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunity
4.4 Global Sports Protective Equipment Market Revenue Analysis and Forecasts, 2016 – 2025
4.5 Global Sports Protective Equipment Market Attractiveness Analysis (2016) by Product Type
4.6 Global Sports Protective Equipment Market Share Analysis By Company (2016)
Chapter 5 Global Sports Protective Equipment Market Analysis, by Product Type
5.1 Introduction
5.2 Global Sports Protective Equipment Market Revenue Share Analysis, Product Type, 2016 & 2025
5.3 Global Sports Protective Equipment Market Revenue Analysis, by Product Type, 2016-2025
5.3.1 Head Protection
5.3.2 Hand Protection
5.3.3 Lower Body Protection
5.3.4 Others
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