Protective Sports Equipment Market size will grow at a CAGR of 5.4% by 2020-2025, as estimated by Stratview Research

Stratview Research in its recent report has offered an overlook of the current Protective Sports Equipment Market scenarios and has also estimated the Protective Sports Equipment Market size to grow at a CAGR of 5.4% during 2020-2025. The insights highlighted in the report are based on data that is carefully collected from reliable sources and is then scrutinized to have a proper analysis.

Not only the report offers the market size but also details about the market segmentation with its share. Stratview Research also extends its research to offer a forecast of the market during the period of 2020 – 2025, to provide the clients with base knowledge of the market and make strategies to have beneficial results ahead.

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Protective sports equipment market is likely to witness an impressive CAGR of 5.4% during the forecast period. Growth in consumer spending on sports gear owing to increasing disposable income, growing health consciousness, increase in participation in sports activities, national and international sports are the prime factors that drive the protective sports equipment market globally.

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Based on the product type, the market is segmented as helmet & other head gears; protective eyewear; face protection & mouthguards; and pads, guards, chest protectors, and gloves. Among these, the pads, guards, chest protectors, and gloves dominated the market and are also expected to witness the highest growth during the forecast period, owing to their applications in sports, such as ice hockey, cricket, football, and baseball along with initiatives from sport associations to develop and mandate these basic protective gears.

Based on the area of protection, the market is segmented as head & face, trunk & thorax, upper extremity, and lower extremity protective equipment. The head & face segment is expected to remain the dominant segment during the forecast period, owing to requirements of particular sports to avoid fatal injury, such as in rugby, cricket, sky & snowboard, and cycling.

Based on the distribution channel, the market has been segmented as specialty retail stores, multi-retail stores, online stores and others. Specialty retail stores dominated the protective sports equipment market as they are the traditional channels for buying sporting goods and equipment. However, online retail stores and others are expected to register higher growths during the forecast period, owing to high infiltration of smartphones and tablets, and the ease of buying various protective sports equipment through this distribution channel.

Check out the Table of Contents here:
https://www.stratviewresearch.com/toc/577/protective-sports-equipment-market.html

Highlights of the Report:

As per Stratview Research, North America is expected to remain the dominant market during the forecast period, owing to high per capita income along with the commonness of sports culture in the region. Asia-Pacific is expected to witness the highest growth during the forecast period, owing to increasing disposable income of consumers, rising awareness towards health & safety, and increasing participation of women in sporting events.
The report also throws light on the Protective Sports Equipment Market share percentage, captured by specific key players in the industry; along with important mergers and acquisitions which have taken place till date.

Some of the key players mentioned the Protective Sports Equipment Market are Amer Sports Oyj; Adidas AG; Nike, Inc.; Under Armour, Inc., Puma SE; Asics Corporation; Vista Outdoor Operations LLC; BRG Sports; Xenith; and Shock Doctor, Inc.

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The protective sports equipment market analysis report discusses the following heads in great detail:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

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This release was published on openPR.