Research Beam has added a report, titled, “Global Sports Protective Equipment Market – Global Opportunity Analysis and Industry Forecasts, 2014-2022.” As per the report, the global sports protective equipment market is estimated to reach $8,678 million by 2022, registering a CAGR of 3.5% from 2016 to 2022, Ask for sample@ http://www.researchbeam.com/sports-protective-equipment-market/request-sample
The report provides a comprehensive analysis of drivers & opportunities, detailed segmentation, top impacting factors, and key manufacturers. Moreover, insights on dominating segments are offered to help manufacturers, new entrants, and investors in determining steps to be taken to achieve growth. The research offers insights on current market scenario and estimations by 2022 are made to assist market players gain competitive edge.
The report offers an introduction of the global protective equipment market along with key benefits of the study and research methodology. Extensive information about primary and secondary research methodology implemented is provided along with insights on analyst tools and models. Market definition and scope are outlined along with top impacting factors. Increase in national and international sports events, availability of low-price counterfeit products, rise in consumer spending, and increase in disposable income are some of the top impacting factors. The research also offers an extensive analysis of top winning strategies and top investment pockets to help market players and investors to gain strong position in the industry.
The global sports protective equipment industry is driven by rise in consumer awareness regarding health & fitness, growth in participation in sports activities, and increase in spending on sports protective equipment. Emergence of online retail is presenting new opportunities in the industry. However, availability of low cost counterfeit products hinders growth. The research also offers value chain analysis and Porter’s Five Forces analysis.
The research offers a detailed segmentation based on product type, area of protection, distribution channel, and geography. Based on product type, the market is categorized into protective eyewear, helmets & other headgear, face protection & mouth guards, and pads, chest protectors, guards, and gloves. Pads, guards, chest protectors, and gloves segment is projected to lead the market throughout the forecast period. This segment would garner a revenue of $4 billion by 2022, registering a CAGR of 4% during the forecast period.
Based on area of protection, it is bifurcated into trunk & thorax protective equipment, head & face protective equipment, upper extremity protective equipment, and lower extremity protective equipment. Head & face protective equipment segment contributed for the highest market share in 2015, and would continue to dominate the market throughout the forecast period. Based on distribution channel, it is classified into specialty retail stores, online stores, multi-retail stores, and others. Specialty retail store would dominate as a preferred channel for sports gear and online and multi-retail stores would witness rapid growth in the coming years. Geographically, the market is segmented into North America, Asia-Pacific, Europe, and LAMEA. North America contributed over 38% of the market share and projected to dominate throughout the forecast period.
The report offers an extensive analysis of leading manufacturers operating in the global sports protective equipment market. Leading manufacturers analyzed in the report include Adidas AG, Under Armour Inc., Nike Inc., Amer Sports Corporation, Puma SE, Vista Outdoor, Asics Corporation, Xenith, BRG Sports, and Shock Doctor (Bregal Partners). Research conclusions are mentioned at the end of the study.
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