Press release
Sports Protective Gear Market Forecast 2023 - 2032 : By Industry Analysis, Size, Share, Major Players Are - Adidas AG, Amer Sports Oyj, ASICS Corporation, Bauer Hockey LLC, BRG Sports
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032As per the sports protective gear market report by The Business Research Company, The increasing number of people participating in sports and recreational activities is expected to propel the growth of the sports protective gear market. The COVID-19 pandemic is one of the major reasons for the increased participation in sports and recreational activities.
The global sports protective gear market size is expected to grow from $3.72 billion in 2022 to $4.02 billion in 2023, at a compound annual growth rate (CAGR) of 8.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The sports protective gear market size is expected to grow to $5.35 billion in 2027 at a CAGR of 7.4%.
Read More On The Sports Protective Gear Market Report Here:
https://www.thebusinessresearchcompany.com/report/sports-protective-gear-global-market-report
Major competitors in the Sports Protective Gear market include Adidas AG, Amer Sports Oyj, ASICS Corporation, Bauer Hockey LLC, BRG Sports, Dunlop Sport, Franklin Sports, Mizuno Corporation, Nike Inc., Puma SE, Under Armour Inc., Vista Outdoor Inc., Xenith LLC, McDavid USA, Yonex Company Limited, ZAMST, Kawasaki, and Mueller.
The Sports Protective Gear market is segmented -
By Type: Combine Sports Gear, Single Sports Protector
By Area Of Protection: Head and Face, Trunk and Thorax, Upper Extremity, Lower Extremity
By Distribution Channel: Exclusive Stores, Multi-retail Stores, E-commerce Portals
By Application: Professionals, Hobbyists
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Sports Protective Gear market.
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Sports protective gear refers to protective equipment used by athletes and sportspersons to protect their fingers, knees, waists, ankles, and wrists. Sports protective gear increases joint stability, safeguards joints and muscles during physical activity, and stops secondary injuries.
The Table Of Content For The Sports Protective Gear Market Include:
1. Executive Summary
2. Sports Protective Gear Market Characteristics
3. Sports Protective Gear Market Trends And Strategies
4. Sports Protective Gear Market - Macro Economic Scenario
5. Sports Protective Gear Market Size And Growth
……
26. Africa Sports Protective Gear Market
27. Sports Protective Gear Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Sports Protective Gear Market
29. Sports Protective Gear Market Future Outlook and Potential Analysis
30. Appendix
The "Global Sports Protective Gear Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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