Global Rock Sport Protection Products Market Trends, Opportunities & Growth Forecast during 2017-2022|| Industry players are Bauerfeind AG, McDavid Inc, Mueller Sports Medicine, Under Armour, NIKE, Shock Doctor Inc., Decathlon S.A., Amer Sports Corporatio
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Rock sport protection products are used in adventure sports like rock climbing and hiking in order to protect the sportspersons from accidents. Such kind of rock sport protection products offer protection against sudden external impacts or falls. These types of protection products are made compulsory by various sport bodies keeping in mind the safety aspects of the adventure sports and for preventing injury or harm to the sportspersons.
This Fact.MR report on the global rock sport protection products market forecasts that the global rock sport protection products market will touch a value of nearly US$ 115 Mn in the year 2022 and grow at a sluggish CAGR during the assessment period.
APEJ Market Set to Dominate the Global Rock Sport Protection Products Market in Terms of Revenue
The market in APEJ is set to dominate the global rock sport protection products market in terms of value and this trend is projected to sustain itself throughout the assessment period. APEJ rock sport protection products market is the most attractive market, growing at a sluggish CAGR over the assessment period.
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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.
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