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Sport Accessories Market Report Based on Overall Market Sizes, Trends Analysis, Company Shares through 2017-2022 with Geographic Market Diversities and Highlighting Key Vendors - Adidas AG, NIKE Inc., PUMA SE., V.F. Corporation, New Balance Inc., Apple In

08-21-2018 02:50 PM CET | Sports

Press release from: Fact.MR

Sport Accessories Market Report Based on Overall Market Sizes,

Many regional as well as domestic vendors in the global sport accessories market are emphasizing on the provision of application-specific products. However, new entrants are finding it difficult to compete with established players, when it comes to reliability, credibility, and product quality. The report, compiled by Fact.MR, provides in-depth analysis of the global Sport Accessories Market for the forecast period 2017-2022, and offers key insights about future market direction.   

The scope of FactMR’s report is to analyze the global sport accessories market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Sport accessories manufacturers, stakeholders, and suppliers in the global sporting goods & accessories industry can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and sports journals.

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The overall sport industry continues to expand in leaps and bounds, as more number of individuals engage in sporting activities. A positive outlook towards sports in laying the foundation for a healthier lifestyle has been driving the popularity of various sports. People are increasingly participating in recreational activities or taking up sports that involve intensive physical activity in order to live a healthy life and maintain body fitness. Therefore, sports continue to gain prominence as an active and passive source of entertainment across the globe. This, in turn, is making a positive influence on the demand for sport accessories. Over the years, consumer spending on sportswear and accessories has escalated, which is encouraging brands to come up with new and innovative products. Factors as such are expected to reflect favorably on the future prospects of the global sports accessories market. Moreover, higher focus on integration of technology as well as quick adaption to changing trends is also expected to benefit the market in the forthcoming years. Global sales of sport accessories is also gaining traction owing to emergence of online retail platforms that are offering products at relatively low prices.

Sport accessories are used by individuals and sports personals for convenience while training or competing in sporting events. Head gear, hiking jacket, training accessories, boxing bag, water bottles, goggles or sunglasses, swimming accessories, gloves and bags are some of the commonly used sport accessories. Sport accessories also complement the functional clothing or sportswear, making an athlete look more stylish. 

In terms of revenue, Europe is expected to dominate the global sport accessories market over the next couple of years. This is primarily owing to the high interest of individuals towards sports in the region. Moreover, rising number professional athletes in Europe is also driving the growth of the market in the region. The markets in North America and Asia-Pacific excluding Japan (APEJ) region are also projected register impressive growth during the forecast period.  

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On the basis of product type, demand for headgears will continue to gain traction throughout the assessment period. Currently, sales of the headgears represent close to 17% revenue share of the global market. Towards the end of 2022, around US$ 17,500 Mn worth headgears are projected to be sold across the globe.

Competition Tracking

Adidas AG, NIKE, Inc., PUMA SE, Wolverine World Wide, Inc., V.F. Corporation, New Balance, Inc., Apple, Inc., ASCIS Corporation, Everlast Worldwide, Inc., Under Armour, Inc. and Decathlon S.A are the key market participants profiled in FactMR’s report.

Table of Contents

Global Smart Sports Accessories Market - Executive Summary
Global Smart Sports Accessories Market Overview
2.1. Introduction

       2.1.1. Global Smart Sports Accessories Market Taxonomy

       2.1.2. Global Smart Sports Accessories Market Definition

2.2. Global Smart Sports Accessories Market Size (US$ Mn) and Forecast, 2012-2022

       2.2.1. Global Smart Sports Accessories Market Y-o-Y Growth

2.3. Global Smart Sports Accessories Market Dynamics

       2.3.1. Drivers

       2.3.2. Restraints

       2.3.3. Trends

2.4. Supply Chain

2.5. Cost Structure

2.6. Pricing Analysis

2.7. Raw Material Sourcing Strategy and Analysis

2.8. List of Distributors

Continued……………………………..

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About FactMR

FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized global 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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