Press release
Rock Sport Protection Products Market Predicted to Surpass US$ 115 Mn by 2022
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The global rock sport protection products market is slated to touch a value of nearly US$ 115 Mn in the year 2022 and grow at a sluggish CAGR during the assessment period.
4 Forecast Highlights on Global Rock Sport Protection Products Market
As per the forecast of Fact.MR, the climbing shoes product type segment is slated to touch a value of nearly US$ 35 Mn in the year 2022. This represents a sluggish CAGR growth during the assessment period of 2017-2022. The climbing shoes product type segment is estimated to account for nearly one-third of the revenue share of the product type segment by the year 2017 end and is expected to hold the same market share by the year 2022 end.
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As per the forecast of Fact.MR, the franchised sports outlet segment will reach a value of nearly US$ 18 Mn in the year 2017. This represents a moderate CAGR growth during the forecast period. The franchised sports outlet segment is estimated to account for nearly one-fifth of the revenue share of the sales channel segment in the year 2017 end and is expected to gain market share by the end of the year 2022.
As per the forecast of Fact.MR, the individual buyer type segment is slated to reach a value of nearly US$ 83 Mn in 2022. The individual buyer type segment is expected to lose some market value by the end of the year 2022. The largest share is contributed by the APEJ region in the individual buyer type segment.
Fact.MR forecasts the China rock sport protection products market to grow from nearly US$ 11 Mn in 2017 to nearly US$ 13 Mn in 2022. This represents a compound annual growth rate (CAGR) of 3.2% from 2017 to 2022.
The report has also profiled leading players in the global market for rock sport protection products, which will remain active through 2022. These include companies such as Decathlon S.A., Dick's Sporting Goods, Inc., Bauerfeind AG, Shock Doctor Inc., Mueller Sports Medicine, Inc., Vista Outdoor Inc., McDavid Inc, Amer Sports Corporation, Under Armour, Inc., and NIKE, Inc.
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