Global Water Polo Equipment Market Booming Worldwide with Latest Trend and Future Scope by 2028

The global water polo equipment market is anticipated to grow at a CAGR of 3.4% during the forecast period (2022-2028). The global water polo equipment market is growing due to the increasing demand for water polo. The increasing popularity of water polo and considering it as a part of the sport is boosting the growth of the market. The increasing number of water polo participants globally is directly boosting the demand for water polo equipment and that in turn propelling the growth of market. The increasing number of national and international platforms provided for water polo such as Association of National Olympic Committees, World Championships, European Championships, Four Continents Championships, Grand Prix, Challenger Series, World Team Trophy, has all this are organizing various championship in which participants are increasing and owing to them the demand for the water pop equipment is increasing.

Furthermore, internet shops became the main distributor of water polo equipment and it also provided a great opportunity to the major manufacturer to build their brand equity by providing sponsorships and endorsements to well-known players and clubs, to gain a competitive advantage over their competitors and is also boosting the demand for water polo equipment. Additionally, increasing government initiatives in many countries, meant to improve sports participation, are also anticipated to increase the demand for the water polo equipment market.

Some major players in the market include Adidas Casablanca, Inc., Crotton S.A., Kap International, Inc., Lanhua International Co, Ltd., Mikasa Sports LLC., and Molten Corporation., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new launches, to stay competitive in the market. For instance:
• In March 2022, Manila Sports Council launched the Manila Water Polo Grassroots Program at the Vitas Aquatic Center in Tondo, Manila.
• In September 2021, Water Polo Australia launched of Water Polo Australia's ClubPool platform.
• In August 2021, USA Water Polo launched of its new membership platform.

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Market Coverage
• The market number available for - 2022-2028
• Base year- 2021
• Forecast period- 2022-2028

• Segment Covered-
o By Type
o By Application

• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

• Competitive Landscape - Casablanca, Inc., Crotton S.A., Kap International, Inc., Lanhua International Co, Ltd., Mikasa Sports LLC., and Molten Corporation., among others.

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Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

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Global Water Polo EquipmentMarket Report by Segment

By Type
• Swimsuits
• Balls
• Caps
• Goal Posts
• Others

By Application
• Sports Shop
• Shopping Mall
• Supermarket
• Online
• Others

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Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

This release was published on openPR.