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Sports Protective Gear Market Projected Growth from $3.31 Bn in 2023 to $5.51 Bn by 2030 at an 8.5% CAGR

01-22-2025 01:52 PM CET | Consumer Goods & Retail

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Sports Protective Gear Market

Sports Protective Gear Market

๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ซ๐จ๐ญ๐ž๐œ๐ญ๐ข๐ฏ๐ž ๐†๐ž๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

The global sports protective gear market is experiencing robust growth, driven by rising awareness about safety during sports activities, advancements in protective technology, and increased participation in sports worldwide. The market was valued at USD 9.8 billion in 2023 and is expected to grow at a CAGR of 6.5% during the forecast period, reaching USD 15.3 billion by 2030.

This press release delves into country-specific insights, mergers and acquisitions, and key trends, highlighting the potential growth and opportunities in markets like Vietnam, Thailand, Japan, China, South Korea, Singapore, the US, and Europe.

๐“๐จ ๐ฅ๐ž๐š๐ซ๐ง ๐ฆ๐จ๐ซ๐ž, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/148740/

๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ซ๐จ๐ญ๐ž๐œ๐ญ๐ข๐ฏ๐ž ๐†๐ž๐š๐ซ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ

Growth in Vietnam

The increasing participation in football, volleyball, and martial arts has driven demand for protective gear in Vietnam. Local sports clubs and schools have started adopting safety equipment as a mandatory requirement, bolstering market growth.

Trends in Vietnam
The emergence of e-commerce platforms offering affordable protective gear is a key trend. Collaboration with international brands has led to the availability of high-quality products at competitive prices.

Consolidation in Vietnam
Decathlon, a prominent player, has strengthened its presence through partnerships with local retailers, ensuring wider product availability.

Updation in Vietnam
Recent government initiatives promoting youth sports participation are expected to further boost demand for protective gear.

๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ซ๐จ๐ญ๐ž๐œ๐ญ๐ข๐ฏ๐ž ๐†๐ž๐š๐ซ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐

Opportunities in Thailand

Thailand's thriving sports tourism and popular combat sports like Muay Thai are major drivers. Custom-designed protective gear for local martial arts is gaining traction.

Trends in Thailand
The increasing focus on women's sports and children's sports camps has created niche opportunities in the protective gear segment.

Consolidation in Thailand
Key acquisitions by Under Armour and Adidas have led to better penetration of branded protective gear in the Thai market.

Updation in Thailand
The Thai government's investment in sports infrastructure and training programs is anticipated to boost market dynamics.

๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ซ๐จ๐ญ๐ž๐œ๐ญ๐ข๐ฏ๐ž ๐†๐ž๐š๐ซ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง

Growth in Japan

Japan's focus on international sports events like the Tokyo Olympics has spurred investments in high-quality protective gear.

Trends in Japan
The adoption of advanced materials like carbon fiber and shock-absorbent polymers is driving innovation in the market.

Consolidation in Japan
Mizuno Corporation recently announced strategic collaborations to develop eco-friendly protective gear for professional athletes.

Updation in Japan
The rise of esports and virtual sports is creating opportunities for virtual reality-specific protective equipment.

๐“๐จ ๐ฅ๐ž๐š๐ซ๐ง ๐ฆ๐จ๐ซ๐ž, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/148740/

๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ซ๐จ๐ญ๐ž๐œ๐ญ๐ข๐ฏ๐ž ๐†๐ž๐š๐ซ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐‚๐ก๐ข๐ง๐š

Growth in China

China's strong emphasis on youth sports academies and the "Healthy China 2030" initiative are major growth drivers for the protective gear market.

Trends in China
Innovative wearables embedded with smart sensors for impact measurement are becoming increasingly popular.

Consolidation in China
Li-Ning and Anta Sports have expanded their product portfolios to include advanced protective gear for basketball and badminton.

Updation in China
Rising awareness about sports-related injuries has led to increased consumer spending on premium protective gear.

๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ซ๐จ๐ญ๐ž๐œ๐ญ๐ข๐ฏ๐ž ๐†๐ž๐š๐ซ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š

Opportunities in South Korea

South Korea's winter sports industry and professional leagues in football and baseball are significant growth drivers.

Trends in South Korea
The integration of augmented reality (AR) into protective gear for skiing and snowboarding is gaining attention.

Consolidation in South Korea
Nike recently acquired a local distributor to streamline its operations and focus on premium products.

Updation in South Korea
Government subsidies for youth sports programs have enhanced access to protective gear.

๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ซ๐จ๐ญ๐ž๐œ๐ญ๐ข๐ฏ๐ž ๐†๐ž๐š๐ซ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž

Growth in Singapore

Singapore's active lifestyle and strong emphasis on school sports programs have fueled the demand for protective gear.

Trends in Singapore
The rise of niche sports like fencing and archery has created specific demands for tailored protective solutions.

Consolidation in Singapore
Puma has partnered with local distributors to increase its market share in high-performance protective gear.

Updation in Singapore
The government's "Sports for Life" initiative continues to drive participation in recreational and professional sports, indirectly boosting demand.

๐“๐จ ๐ฅ๐ž๐š๐ซ๐ง ๐ฆ๐จ๐ซ๐ž, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/148740/

๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ซ๐จ๐ญ๐ž๐œ๐ญ๐ข๐ฏ๐ž ๐†๐ž๐š๐ซ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ญ๐ก๐ž ๐”๐’

Opportunities in the US

The US dominates the global sports protective gear market, driven by professional leagues such as the NFL, NBA, and NHL.

Trends in the US
Sustainable and eco-friendly materials are becoming a key focus for manufacturers.

Consolidation in the US
Bauer Hockey and Riddell Sports are leading mergers to expand their market presence and product offerings.

Updation in the US
Advances in wearable technology, including concussion-detection helmets, are reshaping the protective gear landscape.

๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ซ๐จ๐ญ๐ž๐œ๐ญ๐ข๐ฏ๐ž ๐†๐ž๐š๐ซ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž

Growth in Europe

Europe's focus on rugby and cricket leagues has significantly increased the demand for protective gear.

Trends in Europe
The growing popularity of women's sports, particularly soccer, is driving innovation in lightweight protective equipment.

Consolidation in Europe
Adidas and Decathlon continue to dominate, with acquisitions aimed at boosting R&D capabilities.

Updation in Europe
The European Union's stringent safety standards are pushing manufacturers to enhance product quality and certifications.

๐…๐จ๐ซ ๐š ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐จ๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ, ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž๐:https://www.maximizemarketresearch.com/market-report/sports-protective-gear-market/148740/

๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ซ๐จ๐ญ๐ž๐œ๐ญ๐ข๐ฏ๐ž ๐†๐ž๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง

๐›๐ฒ ๐“๐ฒ๐ฉ๐ž

Helmets
Shin Guards
Knee Pads

๐›๐ฒ ๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐“๐ฒ๐ฉ๐ž

Soccer
Skating
Cycling

๐›๐ฒ ๐€๐ซ๐ž๐š ๐จ๐Ÿ ๐๐ซ๐จ๐ญ๐ž๐œ๐ญ๐ข๐จ๐ง

Head & Face
Trunk & Thorax
Upper Extremity
Lower Extremity

๐›๐ฒ ๐’๐š๐ฅ๐ž๐ฌ ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ

Exclusive Stores
Multi-retail Stores
E-commerce Portals

๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ซ๐จ๐ญ๐ž๐œ๐ญ๐ข๐ฏ๐ž ๐†๐ž๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

1. Nike, Inc. (Beaverton, Oregon, USA)
2. Adidas AG (Herzogenaurach, Germany)
3. Under Armour, Inc. (Baltimore, Maryland, USA)
4. Puma SE (Herzogenaurach, Germany)
5. McDavid, Inc. (Woodridge, Illinois, USA)
6. Schutt Sports (Litchfield, Illinois, USA)
7. BRG Sports (Riddell) (Des Plaines, Illinois, USA)
8. Bauer Hockey, Inc. (Exeter, New Hampshire, USA)
9. Warrior Sports, Inc. (Warren, Michigan, USA)
10. Shock Doctor, Inc. (Minnetonka, Minnesota, USA)
11. ASICS Corporation (Kobe, Japan)
12. Mueller Sports Medicine, Inc. (Prairie du Sac, Wisconsin, USA)
13. Decathlon S.A. (Villeneuve d'Ascq, France)
14. Vista Outdoor, Inc. (Anoka, Minnesota, USA)
15. Amer Sports Corporation (Helsinki, Finland)

๐ƒ๐ข๐ฌ๐œ๐จ๐ฏ๐ž๐ซ ๐–๐ก๐š๐ญ'๐ฌ ๐“๐ซ๐ž๐ง๐๐ข๐ง๐ :

โ™ฆ Self Tanning Products Market https://www.maximizemarketresearch.com/market-report/self-tanning-products-market/191307/

โ™ฆ Skin Boosters Market https://www.maximizemarketresearch.com/market-report/skin-boosters-market/228954/

โ™ฆ Sleeping Bags Market https://www.maximizemarketresearch.com/market-report/sleeping-bags-market/146522/

โ™ฆ Smart Bed Market https://www.maximizemarketresearch.com/market-report/smart-bed-market/147864/

โ™ฆ Smart Clothing Market https://www.maximizemarketresearch.com/market-report/smart-clothing-market/147233/

โ™ฆ Sports Protective Gear Market https://www.maximizemarketresearch.com/market-report/sports-protective-gear-market/148740/

โ™ฆ Sports Tourism Market https://www.maximizemarketresearch.com/market-report/sports-tourism-market/191030/

โ™ฆ Tinted Sunscreen Market https://www.maximizemarketresearch.com/market-report/tinted-sunscreen-market/146653/

โ™ฆ Toothbrush Market https://www.maximizemarketresearch.com/market-report/toothbrush-market/147872/

โ™ฆ Trekking Poles Market https://www.maximizemarketresearch.com/market-report/trekking-poles-market/218798/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656

๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Orbis Research
Sports Tourism Market 2019 - BAC Sport, Great Atlantic Sports Travel, ITC Sports โ€ฆ
Global Sports Tourism Market 2019-2023: With the rise in Global Sports Tourism Market, the need for niche Market has grown by a staggering rate. This has resulted in a major push in the Global Sports Tourism ย ย ย Market Industry Market. With Global Sports Tourism ย ย ย Market gaining traction across the globe including the developing Markets of APAC and Africa, many software providers have jumped onto the software bandwagon to develop and provide Globalโ€ฆ
Big Boom in Global Sports Tourism Market 2018: BAC Sport, Great Atlantic Sports โ€ฆ
A professional survey done by Report Consultant has formulated a report titled โ€œGlobal Sports Tourism Marketโ€, which instills a crisp idea of the influential aspects affecting the growth of the market. It gives the new entrants a clear idea of all the business strategies incorporated by the key players, which is helping them regulate their trade success. It serves a reliable business tool helping the reader to understand the globalโ€ฆ
09-21-2018 | Sports
ReportsWeb
Sports Tourism Market Breakdown of Leading Market Playerโ€™s 2018-2022: Great At โ€ฆ
ReportsWeb.com has announced the addition of the โ€œGlobal Sports Tourism Market Size Status and Forecast 2018-2022โ€ The report classifies the global Sports Tourism Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Sports Tourism market, analyzes and researches the Sports Tourism development status and forecast in United States, EU, Japan, China, India and Southeastโ€ฆ
Professional Sports Leagues Dominate U.S. Licensed Sports Merchandise Market By โ€ฆ
"The Report US Licensed Sports Merchandise Market: Trends, Opportunities and Forecasts (2016-2021) (By Segment - Sports Apparel, Sports Footwear, Sports Equipment -Videogames, Sporting goods and Toys; By Leagues - NFL, NBA, MLB, NHL; By Key Players - Competitive Landscape) provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz" MarketResearchReports has announced the addition of a new research report providing an executive-level blueprintโ€ฆ
China Sports Market (Sports Apparel, Sports Footwear, Sports Equipment) & Foreca โ€ฆ
China Sports Market Overview China sports market is expected to be more than US$ 100 Billion industry by the year 2020. To achieve this impressive growth China sports market is expected to grow with double digit CAGR. In the year 2010 Sports Apparel used to be the biggest market, but by 2015 Sports Equipment has overtaken Sports Apparel market. Company sales are highly fragmented and no single company holds double digitโ€ฆ