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Cricket Gloves Market: Swelling Demand to Influence Revenue Share during 2017-2022|| Market players Adidas AG, Nike, PUMA, Reebok International, MRF, ASICS Corporation, Gray-Nicolls Limited, Kookaburra Sport Pty

04-30-2019 03:15 PM CET | Sports

Press release from: Fact.MR

Cricket Gloves Market: Swelling Demand to Influence Revenue

Cricket, the quintessential ‘gentleman’s game’ was largely spread by the British during the days of empire. However, countries not a part of the modern Commonwealth of Nations are largely unaware of the game and this has stifled the growth of the cricket gloves market. Cricket gloves are not multi-purpose and can only be used while playing the game further restraining their marketability as an all-purpose sports accessory. In addition, cricket needs a specially curated pitch that has to be maintained throughout the year and it cannot be used during intense rains. This further reinforces the idea that cricket is a game reserved for the privileged, leading to lesser prospects for the cricket gloves market.

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There are three main types of cricket gloves– sausage finger cricket gloves, multi-piece cricket gloves, and a hybrid of the two. The sausage design is the traditional approach preferred by professional players as these provide slightly better protection. The materials used to manufacture cricket gloves are calf leather, sheep leather, and even cotton.

The Fact.MR report on the cricket gloves market anticipates that it will witness a sluggish CAGR of 2.7% from 2017-2022 and be worth approx. US$ 60 million by the end of 2022.

Sausage Finger Gloves & Multi-Piece Gloves - an Equal Opportunity

The sausage finger cricket gloves and the multi-piece cricket gloves segment both account for a revenue share of more than a third in the cricket gloves market by product type. The multi-piece cricket glove segment is slightly larger and is anticipated to be worth approx. US$ 22 million by the end of 2022. The popularity of cricket in the highly populous APEJ region, particularly in India, Pakistan, Bangladesh, and Sri Lanka ensures that companies making both forms of gloves types focus their attention on this dynamic region.

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200mm-210mm Glove Segment Nearly Half the Cricket Gloves Market

The 200mm-210mm glove segment is the largest segment in the cricket gloves market by a considerable margin and companies would do well to take this into account. APEJ alone is touching 40% of the 200mm-210mm glove segment and is poised to exceed US$ 11 million by the end of the forecast period. Another important glove size is the 175mm-190mm segment and this is expected to have a revenue share of roughly a third of the cricket gloves market. Key stakeholders in the cricket gloves market would do well to target Europe in the 175mm-190mm segment.

Competition Dashboard

The Fact.MR report on the cricket gloves market has profiled some of the prominent companies actively involved in the cricket gloves market. These include Adidas AG, Nike, PUMA, Reebok International, MRF, ASICS Corporation, Gray-Nicolls Limited, Kookaburra Sport Pty, Cosco (India) Limited, and Playground Sports (India) Pvt. Ltd.

For Further Insights and Segment-Specific Information, Contact a Market Analyst at @ https://www.factmr.com/connectus/sample?flag=AE&rep_id=222

About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights 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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