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Mouthguard Market Size Hits $369.9 million by 2030 , Witnessing a CAGR of 6.6% from 2021 to 2030
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Increased popularity of sports, namely, basketball, hockey, football, and boxing and the corresponding youth participation in such sports drives the market. Moreover, rise in consumer spending on mouthguard is observed in developed economies such as the U.S. As per the statistics, consumer spending on mouthguard has increased from $66 million to $84 million from 2010 to 2014 in the U.S., which has further supported the mouthguard market growth.
Rise in participation in sports activities, growth in consumer spending on mouthguard, increase in health consciousness among consumers, prominence of national & international sports events are the mouthguard market trends which is likely to foster the growth of mouthguard industry. However, availability of cheap and counterfeit products restrains the market growth. Increase in penetration of online retail is expected to offer lucrative mouthguard market demand over the forecast period.
The report offers detailed segmentation of the global mouthguard market based on type, material, sales channel, and region.
Based on type, the boil and bite mouthguard segment held the largest share in 2020, accounting for more than two-fifths of the total share, and is estimated to maintain its leadership status during the forecast period. However, the custom-fitted mouthguard segment is projected to manifest the fastest CAGR of 7.3% from 2021 to 2030.
Based on sales channel, the specialty retail stores segment accounted for the highest share in 2020, contributing to more than half of the global mouthguard market, and is projected to continue its lead position in terms of revenue during the forecast period. However, the multi-retail stores segment is expected to register the largest CAGR of 6.9% from 2021 to 2030.
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Based on region, North America contributed to the highest share in 2020, accounting for nearly two-fifths of the total share, and is expected to continue its dominant share by 2030. However, Asia-Pacific is projected to portray the highest CAGR of 7.3% during the forecast period.
Leading players of the global mouthguard market analyzed in the research include Battle Sports Science, Decathlon S.A, Brain Pad, Inc., Mogo Sport, MaxxMMA International CO., Limited, OPRO, Nike, Inc., Sisu Guard, Shock Doctor, and Venum Predator.
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