Press release
Gum Shield Paper Market Supply and Demand with Size (Value and Volume) by 2033
IntroductionThe global gum shield paper market has witnessed significant growth in recent years, owing to the increasing demand for gum shields across various sports and physical activities. Gum shields, also known as mouth guards, are protective devices that athletes and sports enthusiasts use to prevent injuries to their teeth and gums during physical activity. Gum shield paper, on the other hand, is a specially designed paper that is used to create these gum shields.
Over the years, the global gum shield paper market has grown rapidly, driven by the increasing number of sports events and tournaments worldwide, the rising awareness regarding the importance of oral health, and the increasing popularity of sports activities among the younger population. According to recent market reports, the global gum shield paper market is projected to grow at a CAGR of 6.6% during the forecast period 2023-2033.
In this article, we will delve deeper into the Global Gum Shield Paper Market, exploring its current trends, growth opportunities, challenges, and future prospects.
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Global Gum Shield Market- Segmental assessment
By Product
• Stock Mouth Guard
• Boil & Bite Mouth Guard
• Custom-made Mouth Guard
By Material
• Acrylic resins
• Ethylene vinyl acetate (EVA)
• Natural Rubber
• Others
By Distribution Channel
• Offline
• Online
The online segment is slated to generate significant returns over the stipulated timeline owing to the rising popularity of e-commerce sales channels due to the wide array of benefits offered by them including doorstep delivery.
Global Gum Shield Market- Geographical landscape
The major regions constituting the geographical ambit of this industry vertical are North America, Middle East & Africa, Europe, Asia Pacific, and Latin America. Among these, North America is projected to capture a substantial revenue share over 2022-2030. This is ascribed to the growing occurrences of sports events, increasing government investments on sports based activities, and rising R&D investments in the field.
Global Gum Shield Market- Competitive hierarchy
The prominent players characterizing the competitive terrain of this marketplace are Nike, Inc., Makura Sport, Shock Doctor Inc., AKERVALL TECHNOLOGIES INC., MOGO SPORT, Brain Pad, Inc., Gobsmacked Sports Mouthguards, Max Mouthguards, OPRO, Venum, and Decathlon.
Notably, in August 2020, Makura Sport inked a partnership deal with Sidelines Sports to amplify its mouth guard portfolio.
Report scope
Global Gum Shield Market: Historical Years- 2018-2021
Global Gum Shield Market: Forecast Years- 2022-2030
Global Gum Shield Market 2020- USD 189.4 million
Global Gum Shield Market CAGR- 6.6%
Global Gum Shield Market 2030- USD 369.9 million
Key segments covered-
• By Product (Stock Mouth Guard, Boil & Bite Mouth Guard, and Custom-made Mouth Guard)
• By Material (Acrylic resins, Ethylene vinyl acetate (EVA), Natural Rubber, and Others)
• By Distribution Channel (Offline and Online)
Major regions and countries reported-
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Argentina, and Colombia)
• Europe (Germany, U.K., France, Italy, Spain, and Russia)
• Middle East & Africa (UAE, Saudi Arabia, Egypt, and South Africa)
• Asia Pacific (China, Japan, India, Australia, South Korea, and ASEAN)
Top players profiled- Nike, Inc., Makura Sport, Shock Doctor Inc., AKERVALL TECHNOLOGIES INC., MOGO SPORT, Brain Pad, Inc., Gobsmacked Sports Mouthguards, Max Mouthguards, OPRO, Venum, and Decathlon.
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Current Trends in the Global Gum Shield Paper Market
The global gum shield paper market is witnessing several trends that are shaping the industry and its future growth prospects. Some of the key trends in the market include:
Growing demand for customized gum shields: With the increasing popularity of sports and physical activities, athletes and sports enthusiasts are looking for gum shields that are customized to their specific needs and preferences. This trend has led to the development of customized gum shield paper, which allows for the creation of personalized gum shields that offer better protection and comfort.
Adoption of advanced manufacturing technologies: The gum shield paper market is witnessing the adoption of advanced manufacturing technologies, such as 3D printing and laser cutting, which allow for the creation of gum shields that are more precise and accurate.
Rising awareness regarding oral health: With the increasing awareness regarding the importance of oral health, there is a growing demand for gum shields that not only offer protection but also promote good oral hygiene. This trend has led to the development of gum shield paper that is infused with antibacterial and antimicrobial agents, which prevent the growth of bacteria and fungi that can cause oral infections.
Growth Opportunities in the Global Gum Shield Paper Market
The global gum shield paper market offers several growth opportunities for players in the industry. Some of the key growth opportunities include:
Increasing demand from emerging economies: The global gum shield paper market is witnessing increasing demand from emerging economies, such as India and China, which have a large population of sports enthusiasts and athletes. The growing middle-class population in these countries is also driving the demand for high-quality gum shields, which is expected to boost the growth of the market in the coming years.
Growing popularity of combat sports: Combat sports, such as boxing, MMA, and wrestling, are gaining popularity worldwide, which is expected to drive the demand for gum shields in these sports. The rising number of combat sports events and tournaments worldwide is expected to create significant growth opportunities for players in the gum shield paper market.
Increasing focus on product innovation: To stay ahead of the competition, players in the gum shield paper market are focusing on product innovation, developing new materials and designs that offer better protection, comfort, and hygiene. This trend is expected to drive the growth of the market in the coming years.
Challenges in the Global Gum Shield Paper Market
Despite the significant growth opportunities, the global gum shield paper market also faces several challenges that are impacting its growth. Some of the key challenges in the market include:
Intense competition: The gum shield paper market is highly competitive, with several players offering similar products at competitive prices. This has led to price wars and reduced profit margins for players in the industry.
Health concerns related to gum shields: Despite their protective benefits, there are concerns regarding the safety and hygiene of gum shields, especially when they are not cleaned and maintained properly. This has led to a growing demand for gum shields that are made from safe and hygienic materials.
Stringent regulations: The gum shield paper market is subject to several regulations regarding the safety and quality of the products. This has led to increased compliance costs and delays in the approval process for new products, which can impact the growth of the market.
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Future Prospects of the Global Gum Shield Paper Market
The global gum shield paper market is expected to witness significant growth in the coming years, driven by the increasing demand from emerging economies, the growing popularity of combat sports, and the focus on product innovation. However, the market also faces several challenges, such as intense competition, health concerns, and stringent regulations, which could impact its growth.
Despite these challenges, players in the gum shield paper market can leverage several strategies to stay ahead of the competition and capitalize on the growth opportunities in the market. Some of the key strategies include:
Focus on product innovation: Players in the gum shield paper market can focus on developing new materials and designs that offer better protection, comfort, and hygiene. This can help them differentiate their products from those of their competitors and attract more customers.
Expand into emerging markets: With the increasing demand from emerging economies, players in the gum shield paper market can expand their operations into these markets to tap into the growth opportunities. This can help them increase their market share and revenue in the long run.
Collaborate with sports organizations: Players in the gum shield paper market can collaborate with sports organizations and teams to promote their products and increase their visibility among their target audience. This can help them build brand awareness and loyalty, which can translate into increased sales and revenue.
Reasons to Get this Report:
The analysis covers global market and its advancements across different industry verticals as well as regions. It targets estimating the current market size and growth potential of the global market across sections such as also application and representatives.
In an insight outlook, this research report has dedicated to several quantities of analysis - industry research (global industry trends) and global market share analysis of high players, along with company profiles, and which collectively include about the fundamental opinions regarding the market landscape; emerging and high-growth sections of global market; high-growth regions; and market drivers, restraints, and also market chances.
Additionally, the analysis also has a comprehensive review of the crucial players on the global market together side their company profiles, SWOT analysis, latest advancements, and business plans.
Conclusion
The global gum shield paper market offers several growth opportunities for players in the industry, driven by the increasing demand from emerging economies, the growing popularity of combat sports, and the focus on product innovation. However, the market also faces several challenges, such as intense competition, health concerns, and stringent regulations, which could impact its growth.
To stay ahead of the competition and capitalize on the growth opportunities in the market, players in the gum shield paper market can leverage several strategies, such as focusing on product innovation, expanding into emerging markets, and collaborating with sports organizations. By adopting these strategies, players in the industry can position themselves for long-term growth and success.
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