Press release
Sports Protective Gear Market 2024 - By Share, Size, Growth Analysis And Forecast To 2033
Sports Protective Gear Market
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=8140&type=smp
According to The Business Research Company's, The sports protective gear market size has grown strongly in recent years. It will grow from $3.99 billion in 2023 to $4.31 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to awareness of sports-related injuries, growth of organized sports leagues, rise in extreme and adventure sports, influence of professional athletes.
The sports protective gear market size is expected to see strong growth in the next few years. It will grow to $5.83 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to rising youth sports participation, sustainable and eco-friendly designs, expansion of action sports culture, rise of specialized protective gear, increasing disposable income, innovations in helmet design. Major trends in the forecast period include technological advancements in material design, customization and personalization, integration of smart technologies, collaborations with athletes.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/sports-protective-gear-global-market-report
Market Drivers and Trends:
The increased awareness of sports injuries is expected to propel the growth of the sports protective gear market in the coming years. Sports injuries refer to the physical harm or damage to the body that occurs during sports or exercise activities. These injuries can affect various parts of the body, including muscles, bones, joints, ligaments, and tendons. To optimize its efficacy in preventing injuries, players should wear the necessary protective gear for their particular sport and make sure it fits properly. For instance, in December 2022, according to the National Safety Council, a US-based non-profit public service organization dedicated to improving health and safety, sports and leisure injuries climbed by 20% in 2021 and by another 12% in 2022. Therefore, the increased awareness of sports injuries is driving the sports protective gear market.
Technological innovations are gaining popularity as a major trend in the sports protective gear market worldwide. Major market players are concentrating on implementing artificial intelligence in protective gear to aid sports professionals and athletes in several aspects of enhancing the spectator experience and helping to shape the look and feel of the sports enthusiasts. Such advancements enable key players to gain a competitive edge in the market. For instance, in August 2021, Venture Catalysts, an India-based company focusing on the commercialization of technologies through entrepreneurship, invested in Altor, another India-based startup that builds IoT and AI-enabled smart helmets. The smart helmet has a number of features that guarantee comfort while riding and road safety. When an accident occurs, the startup's patent-pending technology instantly recognizes it, notifies the rider's emergency contacts, and tracks the accident's position. Such investments are leading to the production of innovative sports protective gear products.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
Adidas AG, Amer Sports Oyj, ASICS Corp., Bauer Hockey LLC, BRG Sports Inc., Dunlop Sports Group Americas Inc., Mizuno Corporation, Nike Inc., Puma SE, Under Armour Inc., Vista Outdoor Inc., Yonex Co. Ltd., Kawasaki Heavy Industries Ltd., Rawlings Sporting Goods Compnay Inc., Riddell Sports Group Inc., Schutt Sports Group, Bell Sports Inc., Giro Sport Design Inc., K2 Sports LLC, Marker Volkl GmbH, Tecnica Group S.p.A., EssilorLuxottica SA, Zoggs International Ltd., DeMarini Sports Inc., Black Diamond Equipment Ltd., Head Sport GmbH, Helly Hansen AS, O'Neills Irish International Sports Company ltd.
Sports Protective Gear Market 2024 Key Insights:
• The sports protective gear market size is expected to see strong growth in the next few years. It will grow to $5.83 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%.
• Rising Sports Participation Amidst The Pandemic A Catalyst For The Surge In Sports Protective Gear Market
• Revolutionizing Safety The Surge Of Technological Innovations In Sports Protective Gear
• Asia-Pacific was the largest region in the sports protective gear market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=8140&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Sports Protective Gear Market 2024 - By Share, Size, Growth Analysis And Forecast To 2033 here
News-ID: 3748016 • Views: …
More Releases from The Business research company
Top Market Shifts Transforming the Rainwater Harvesting Systems Market Landscape …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Rainwater Harvesting Systems Market Through 2025?
Over the past few years, there has been substantial growth in the market size of rainwater harvesting systems. The industry, which was valued at $1.94 billion in 2024, is predicted to rise to $2.07 billion by…
Live Concerts Fueling Surge In Percussion Instruments Market Growth: Transformat …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Percussion Instruments Industry Market Size Be by 2025?
Over the past few years, the market size of percussion instruments has examined a steady rise. With an increase from $1.44 billion in 2024 to $1.47 billion in 2025, it expects a Compound Annual Growth Rate (CAGR) of…
Emerging Trends to Drive Hydraulic Equipment Market Growth at 3.5% CAGR Through …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Hydraulic Equipment Market Size Growth Forecast: What to Expect by 2025?
The size of the hydraulic equipment market has consistently increased in the past few years. Projections show that it will rise from $45.21 billion in 2024 to $46.86 billion in 2025, recording a compound annual growth rate (CAGR)…
Emerging Trends to Reshape the Fishing Drones Market: Innovative Advancement In …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Fishing Drones Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of fishing drones has seen a swift increase in the past few years. An expansion from $0.89 billion in 2024 to $0.99 billion in 2025, representing a compound annual growth rate (CAGR)…
More Releases for Sport
Devyzz Sport Launch
Paris, 16 July 2025 - Devyzz is proud to announce the official launch of Devyzz Sport, its new division entirely dedicated to professionals in the world of elite sport. The aim is to support clubs, agents, athletes, and sports equipment manufacturers in managing their foreign currency flows with greater transparency, competitiveness, expertise, and personalised guidance.
This launch is backed by a high-profile investor : Sébastien Haller, international Ivorian footballer and 13th…
Project Sport Launches Podcast to Pioneer Positive Change Through Sport
Derby, UK - 16th October 2023. Project Sport, an organisation committed to harnessing the transformative power of sports, is excited to announce the launch of its new podcast, Wider Goals.
Hosted by sports broadcaster and performance coach Matt Roberts, Wider Goals is a brand-new podcast featuring conversations with some of the world's leading pioneers, revealing key insights on how we can make the world a better place through sport.
From…
Power Sport Vehicle Tire
Global Info Research announces the release of the report "Global Power Sport Vehicle Tire Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029" . The report is a detailed and comprehensive analysis presented by region and country, type and application. As the market is constantly changing, the report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many…
Padel Sports Market Set for More Growth : Everysport Media, Dunlop Sport, Head S …
Latest added Padel Sports Market research study by AMA Research offers detailed outlook and elaborates market review till 2027. The market Study is segmented by key regions that are accelerating the marketization. At present, the market players are strategizing and overcoming challenges of current scenario; some of the key players in the study are Wilson Sporting Goods Company (United States), Dunlop Sport (United Kingdom), Head Sport GmbH (Austria), Prince Padel…
Sport Footwear Market To See Stunning Growth | Fila, Under Armour, Lotto Sport
Latest research study from HTF MI on Worldwide Sport Footwear Market provides a comprehensive analysis of the Worldwide Sport Footwear. It includes the primary investigations to cover historical progress, ongoing market scenarios, and future prospects defined with an accurate data of the products, strategies and market shares of leading companies to help manufacturers locate market position. The report presents a 360-degree overview of the competitive scenario of the overall market…
Water Sport Footwear Market is Booming Worldwide | Adidas, ASICS, Fila, Under Ar …
A new business intelligence report released by HTF MI with title "Global Water Sport Footwear Market Research Report 2019" has abilities to raise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy. The Global Water Sport Footwear Market Report offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived…
