Global Rock Sport Protection Products Market Explored in a New Market Forecast Report During 2017 To 2022 || Top Market Participants- Bauerfeind AG, McDavid, Mueller Sports Medicine, Under Armour, NIKE, Shock Doctor, Decathlon S.A., Amer Sports Corporatio
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Such type of protection devices have been made compulsory by some sporting authorities and thus boosting the market for such type of protective equipment. However, the sale of inferior or counterfeit products are playing spoilsport in this market and are restricting the growth of rock sport protection products market.The global rock sport protection products market is slated to touch a value of nearly US$ 115 Mn in the year 2022 and grow at a sluggish CAGR during the assessment period.
4 Forecast Highlights on Global Rock Sport Protection Products Market
As per the forecast of Fact.MR, the climbing shoes product type segment is slated to touch a value of nearly US$ 35 Mn in the year 2022. This represents a sluggish CAGR growth during the assessment period of 2017-2022. The climbing shoes product type segment is estimated to account for nearly one-third of the revenue share of the product type segment by the year 2017 end and is expected to hold the same market share by the year 2022 end.
As per the forecast of Fact.MR, the franchised sports outlet segment will reach a value of nearly US$ 18 Mn in the year 2017. This represents a moderate CAGR growth during the forecast period. The franchised sports outlet segment is estimated to account for nearly one-fifth of the revenue share of the sales channel segment in the year 2017 end and is expected to gain market share by the end of the year 2022.
As per the forecast of Fact.MR, the individual buyer type segment is slated to reach a value of nearly US$ 83 Mn in 2022. The individual buyer type segment is expected to lose some market value by the end of the year 2022. The largest share is contributed by the APEJ region in the individual buyer type segment.
MR forecasts the China rock sport protection products market to grow from nearly US$ 11 Mn in 2017 to nearly US$ 13 Mn in 2022. This represents a compound annual growth rate (CAGR) of 3.2% from 2017 to 2022.
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Helmet Product Type Segment Poised to Touch a Value of Nearly US$ 33 Mn in 2022
As per the forecast of Fact.MR, the helmet product type segment is expected to reach a value of nearly US$ 33 Mn in the year 2022. This represents a sluggish CAGR during the forecast period of 2017-2022. Helmet product type segment is expected to account for nearly one-third of the revenue share of the product type segment by the year 2017 and is expected to gain market share by the end of the year 2022.
Independent Sports Outlet Segment to exhibit a CAGR of 2.3% During the Assessment Period
As per the forecast of Fact.MR, the independent sports outlet segment is slated to touch a figure of nearly US$ 42 Mn in the year 2022. This represents a CAGR of 2.3% during the assessment period from 2017 till the year 2022. This segment is expected to lose market share by the end of the year 2022. The independent sports outlet segment is expected to account for more than one-third of the revenue share of the sales channel segment by the year 2017.
The report also profiles companies that are expected to remain active in the expansion of global rock sport protection products market through 2022, which include Bauerfeind AG, McDavid Inc, Mueller Sports Medicine, Inc., Under Armour, Inc., NIKE, Inc., Shock Doctor Inc., Decathlon S.A., Amer Sports Corporation, Dick's Sporting Goods, Inc. and Vista Outdoor Inc.
Rock Sport Protection Products Market Report is available for Purchase @ https://www.factmr.com/checkout/205/S
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