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Global Golf Gloves Market Trend, Opportunities and Competition Tracking till 2022

05-02-2018 02:39 PM CET | Sports

Press release from: Fact.MR

Fact.MR

Fact.MR

A freshly compiled business intelligent report, titled “Golf Gloves Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” has been publicized to the vast archive of Fact.MR online repository. This 170-page study delivers all the vital details and information required to know about golf gloves market current as well as future prospects. The analysts of the study have gone through extensive research methodologies in order to generate data and information that reflects the latest market undercurrents and industry trends. For a deeper understanding of the market, a sub-category level analysis has been elaborated, by which readers and investors of the report will able to know that where the market stands to gain.

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Golf sport is played with a golf ball and a golf club on an extremely wide area called the golf course which has a random series of holes in which the ball needs to be out with the help of club by swinging it. Golf gloves are one of the accessories which a golfer uses. These gloves have several benefits such as warmth, protection from external agents such as cold and extreme heat, better grip, protection from blisters on palm and fingers, controlling sweat which stops the golf club from slipping, and an overall better feel while playing. These gloves come in different material, such as leather, synthetics, all-weather material and thermal gloves. According to Fact.MR’s research report on the global golf gloves market, the market is anticipated to reach a value nearing US$ 200 Mn by 2022 reflecting a moderate CAGR during the forecasted period of 2017-2022.

North America at the Apex in the Global Market

North America region is expected to show higher market attractiveness index and is considered to be the most lucrative market. This region is expected to dominate the global golf gloves market in terms of revenue share and growing at a moderate growth rate. The Asia-Pacific excluding Japan (APEJ) region is anticipated to be the fastest growing region, yet has a lower market share by revenue as compared to North America. The main cause of APEJ to rise in this market is attributed towards the increasing disposable income and more riches opting for golf as a recreational sport and also intend to take care of their palm and fingers which could develop blisters, thereby contributing to the fast growth rate of golf gloves in the APEJ region.

Direct to Consumer Brand Outlet Ties with Third Party Online Channel

The direct to consumer brand outlet segment and third party online channel segment by sales channel are expected to grow at the same growth rate, yet higher than other segments. The direct to consumer online channel segment by sales channel comes second in line as far as growth speed in concerned. However, there is difference between the market shares of direct to consumer brand outlet segment, third party online channel segment and direct to consumer online channel segment, with direct to consumer brand outlet segment with comparatively higher market share by revenue as of 2017. The modern trade channels segment witnesses highest market share of 23.1% in 2017 and this trend is poised to continue over the period of forecast of 2017 to 2022.

Hybrid to Surpass in all Terms

The hybrid golf gloves segment by material type is expected to surpass other segments by material type with respect to growth rate as well as market share. The hybrid segment is anticipated to grow at a moderate growth rate, higher as compared to other segments and poised to register a CAGR of 4.3% during the period of forecast. This segment also expected to enjoy a gain in the BPS by the end of 2022 as well as a higher market share by revenue. The leather golf gloves segment is second in line, following hybrid segment, and experiences a moderate market share.

Individual Segment by Buyer Type Shows Dominance

The individual segment by buyer type reflects higher market share as of 2017 with a higher growth rate and is expected to reach a CAGR of 4.3% throughout the period of forecast. This trend is expected to continue over the entire period of forecast of 2017 to 2022, thereby reflecting dominance in the global golf gloves market by buyer type.

Browse Full Report with TOC- https://www.factmr.com/report/208/golf-gloves-market

Table of Content:

1. Global Golf Gloves Market – Executive Summary

2. Global Golf Gloves Market Overview
2.1. Introduction
2.1.1. Global Golf Gloves Market Taxonomy
2.1.2. Global Golf Gloves Market Definition
2.2. Global Golf Gloves Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Golf Gloves Market Y-o-Y Growth
2.3. Global Golf Gloves Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Trends
2.4. Cost Structure Analysis
2.5. Pricing Analysis
2.6. Trade Outlook
2.7. Value Chain Assessment and Profitability Margins
2.8. Raw Material Sourcing Strategy and Analysis
2.9. List of Distributors

3. Global Golf Gloves Market Analysis and Forecast By Material Type
3.1. Global Golf Gloves Market Size and Forecast By Material Type, 2012-2022
3.1.1. Leather Golf Gloves Golf Gloves Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Synthetic Golf Gloves Golf Gloves Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region

Continued….

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Sports market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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