Press release
Sports Protective Gear Market Growth, Demand Overview, Trends And Forecast 2033
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.
Sports Protective Gear Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $5.83 billion In 2028 At A CAGR Of 7.9% :
The sports protective gear market size has grown strongly in recent years. It will grow from $3.99 billion in 2023 to $4.31 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to awareness of sports-related injuries, growth of organized sports leagues, rise in extreme and adventure sports, influence of professional athletes.
The sports protective gear market size is expected to see strong growth in the next few years. It will grow to $5.83 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to rising youth sports participation, sustainable and eco-friendly designs, expansion of action sports culture, rise of specialized protective gear, increasing disposable income, innovations in helmet design. Major trends in the forecast period include technological advancements in material design, customization and personalization, integration of smart technologies, collaborations with athletes.
Request A Sample Of This Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=8140&type=smp
Sports Protective Gear Market Major Segments
The sports protective gear market covered in this report is segmented -
1) By Type: Combine Sports Gear, Single Sports Protector
2) By Area Of Protection: Head and Face, Trunk and Thorax, Upper Extremity, Lower Extremity
3) By Distribution Channel: Exclusive Stores, Multi-retail Stores, E-commerce Portals
4) By Application: Professionals, Hobbyist
Key Driver - Rising Sports Participation Amidst The Pandemic A Catalyst For The Surge In Sports Protective Gear Market
The increasing number of people participating in sports and recreational activities is expected to propel the growth of the sports protective gear market. The COVID-19 pandemic is one of the major reasons for the increased participation in sports and recreational activities. Due to the pandemic, people had ample free time to play sports or engage in recreational activities. Sports protective gears aids people in playing safely without any injury. For instance, in June 2022, according to the new state of the Industry Report from the Sports & Fitness Industry Association, a US-based non-profit organization that encourages engagement in sports and fitness and the health of the industry via strategic thinking, representation, study, and membership, sports, and fitness participation among Americans reached 232.6 million in 2021, the highest since the past 5 years. Therefore, the increasing number of people participating in sports and recreational activities is anticipated to fuel the sports protective gear market growth.
Customise This Report As Per Your Requirements -
https://www.thebusinessresearchcompany.com/Customise?id=8140&type=smp
Prominent Trend - Revolutionizing Safety The Surge Of Technological Innovations In Sports Protective Gear
Technological innovations are gaining popularity as a major trend in the sports protective gear market worldwide. Major market players are concentrating on implementing artificial intelligence in protective gear to aid sports professionals and athletes in several aspects of enhancing the spectator experience and helping to shape the look and feel of the sports enthusiasts. Such advancements enable key players to gain a competitive edge in the market. For instance, in August 2021, Venture Catalysts, an India-based company focusing on the commercialization of technologies through entrepreneurship, invested in Altor, another India-based startup that builds IoT and AI-enabled smart helmets. The smart helmet has a number of features that guarantee comfort while riding and road safety. When an accident occurs, the startup's patent-pending technology instantly recognizes it, notifies the rider's emergency contacts, and tracks the accident's position. Such investments are leading to the production of innovative sports protective gear products.
Sports Protective Gear Market Players
Major companies operating in the sports protective gear market report are Adidas AG, Amer Sports Oyj, ASICS Corp., Bauer Hockey LLC, BRG Sports Inc., Dunlop Sports Group Americas Inc., Mizuno Corporation, Nike Inc., Puma SE, Under Armour Inc., Vista Outdoor Inc., Yonex Co. Ltd., Kawasaki Heavy Industries Ltd., Rawlings Sporting Goods Compnay Inc., Riddell Sports Group Inc., Schutt Sports Group, Bell Sports Inc., Giro Sport Design Inc., K2 Sports LLC, Marker Volkl GmbH, Tecnica Group S.p.A., EssilorLuxottica SA, Zoggs International Ltd., DeMarini Sports Inc., Black Diamond Equipment Ltd., Head Sport GmbH, Helly Hansen AS, O'Neills Irish International Sports Company ltd.
View The Full Report Here -
https://www.thebusinessresearchcompany.com/report/sports-protective-gear-global-market-report
Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the sports protective gear market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the sports protective gear market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Sports Protective Gear Market Report Structure
3. Sports Protective Gear Market Trends And Strategies
4. Sports Protective Gear Market - Macro Economic Scenario
5. Sports Protective Gear Market Size And Growth
…..
27. Sports Protective Gear Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
Sports Protective Gear Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $5.83 billion In 2028 At A CAGR Of 7.9% :
The sports protective gear market size has grown strongly in recent years. It will grow from $3.99 billion in 2023 to $4.31 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to awareness of sports-related injuries, growth of organized sports leagues, rise in extreme and adventure sports, influence of professional athletes.
The sports protective gear market size is expected to see strong growth in the next few years. It will grow to $5.83 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to rising youth sports participation, sustainable and eco-friendly designs, expansion of action sports culture, rise of specialized protective gear, increasing disposable income, innovations in helmet design. Major trends in the forecast period include technological advancements in material design, customization and personalization, integration of smart technologies, collaborations with athletes.
Request A Sample Of This Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=8140&type=smp
Sports Protective Gear Market Major Segments
The sports protective gear market covered in this report is segmented -
1) By Type: Combine Sports Gear, Single Sports Protector
2) By Area Of Protection: Head and Face, Trunk and Thorax, Upper Extremity, Lower Extremity
3) By Distribution Channel: Exclusive Stores, Multi-retail Stores, E-commerce Portals
4) By Application: Professionals, Hobbyist
Key Driver - Rising Sports Participation Amidst The Pandemic A Catalyst For The Surge In Sports Protective Gear Market
The increasing number of people participating in sports and recreational activities is expected to propel the growth of the sports protective gear market. The COVID-19 pandemic is one of the major reasons for the increased participation in sports and recreational activities. Due to the pandemic, people had ample free time to play sports or engage in recreational activities. Sports protective gears aids people in playing safely without any injury. For instance, in June 2022, according to the new state of the Industry Report from the Sports & Fitness Industry Association, a US-based non-profit organization that encourages engagement in sports and fitness and the health of the industry via strategic thinking, representation, study, and membership, sports, and fitness participation among Americans reached 232.6 million in 2021, the highest since the past 5 years. Therefore, the increasing number of people participating in sports and recreational activities is anticipated to fuel the sports protective gear market growth.
Customise This Report As Per Your Requirements -
https://www.thebusinessresearchcompany.com/Customise?id=8140&type=smp
Prominent Trend - Revolutionizing Safety The Surge Of Technological Innovations In Sports Protective Gear
Technological innovations are gaining popularity as a major trend in the sports protective gear market worldwide. Major market players are concentrating on implementing artificial intelligence in protective gear to aid sports professionals and athletes in several aspects of enhancing the spectator experience and helping to shape the look and feel of the sports enthusiasts. Such advancements enable key players to gain a competitive edge in the market. For instance, in August 2021, Venture Catalysts, an India-based company focusing on the commercialization of technologies through entrepreneurship, invested in Altor, another India-based startup that builds IoT and AI-enabled smart helmets. The smart helmet has a number of features that guarantee comfort while riding and road safety. When an accident occurs, the startup's patent-pending technology instantly recognizes it, notifies the rider's emergency contacts, and tracks the accident's position. Such investments are leading to the production of innovative sports protective gear products.
Sports Protective Gear Market Players
Major companies operating in the sports protective gear market report are Adidas AG, Amer Sports Oyj, ASICS Corp., Bauer Hockey LLC, BRG Sports Inc., Dunlop Sports Group Americas Inc., Mizuno Corporation, Nike Inc., Puma SE, Under Armour Inc., Vista Outdoor Inc., Yonex Co. Ltd., Kawasaki Heavy Industries Ltd., Rawlings Sporting Goods Compnay Inc., Riddell Sports Group Inc., Schutt Sports Group, Bell Sports Inc., Giro Sport Design Inc., K2 Sports LLC, Marker Volkl GmbH, Tecnica Group S.p.A., EssilorLuxottica SA, Zoggs International Ltd., DeMarini Sports Inc., Black Diamond Equipment Ltd., Head Sport GmbH, Helly Hansen AS, O'Neills Irish International Sports Company ltd.
View The Full Report Here -
https://www.thebusinessresearchcompany.com/report/sports-protective-gear-global-market-report
Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the sports protective gear market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the sports protective gear market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Sports Protective Gear Market Report Structure
3. Sports Protective Gear Market Trends And Strategies
4. Sports Protective Gear Market - Macro Economic Scenario
5. Sports Protective Gear Market Size And Growth
…..
27. Sports Protective Gear Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
