Soccer Goalkeeper Gloves Market Production, Consumption, Revenue and Market share Details
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The number of youth population participating in soccer has been witnessing a gradual rise over the recent past. This factor has further led to demand for soccer equipment and accessories. Soccer gloves are usually made from materials such as Polyurethane (PU), leather-like materials, and various grades of latex. However, a large number of players are witnessed to have adverse side-effects when their skin is exposed to latex material. Moreover, inhalation of materials such as PU and latex have been observed to cause asthma and several other breathing disorders. These factors are impacting demand for soccer gloves. In addition, no evidence has proved that soccer gloves can completely prevent hand injuries such as wrist and forearm injuries. This further provides opportunity for soccer gloves manufacturers to come up with innovations and developments in glove designs that guarantee complete safety of hands for soccer goalies. Gloves are not considered to be a mandatory attire in soccer, but the players opt for its adoption on the back of its few advantages. The aforementioned factors might impact growth of the global soccer goalkeeper gloves market in the upcoming years.
8 Key Takeaways from Fact.MR’s Report on Global Soccer Goalkeeper Gloves Market
1) Individual buyer type segment will continue to remain dominant in the global market for soccer goalkeeper gloves, with revenues estimated to account for nearly 60% market share during 2017 to 2022.
2) Soccer goalkeeper gloves sales in promotional buyer type segment are expected to register a sluggish expansion through 2022.
3) Europe will continue to be the most lucrative region in the market. Sales of soccer goalkeeper gloves in Europe will reach US$ 37 Mn in revenues by 2022-end.
4) Soccer goalkeeper gloves market in Asia-Pacific excluding Japan (APEJ), and North America will exhibit a comparatively faster expansion than in Europe through 2022. The market in APEJ is expected to be more lucrative compared to the market in North America.
5) Modern trade is estimated to remain the most attractive sales channel in the global soccer goalkeeper gloves market, in terms of revenues. Revenues from modern trade segment are poised to hold more than one-fourth share of the market during the forecast period.
6) Third party online will continue to be the fastest expanding sales channel for the soccer goalkeeper gloves, to gain 83 BPS in market share by the end of 2022.
7) Roll finger soccer goalkeeper gloves will remain the most lucrative glove type segment, followed by flat palm soccer goalkeeper gloves. Flat palm gloves sales are expected to register the lowest CAGR in the market through 2022.
8) Sales of negative cut gloves, and roll finger gloves are estimated to exhibit similar CAGRs through 2022.
Roll finger gloves are estimated to remain preferred among soccer goalkeepers, followed by flat palm gloves. Sales of roll finger goalkeeper gloves and negative cut goalkeeper gloves are poised to register a parallel expansion at 3.5% CAGR through 2022. Sales of flat palm goalkeeper gloves are projected to exhibit the lowest CAGR through 2022, based on glove type.
In terms of revenues, modern trade will continue to be the largest sales channel for soccer goalkeeper gloves during 2017 to 2022. Revenues from sales of soccer goalkeeper gloves in modern trade will account for over one-fourth market share throughout the forecast period. Third party online sales channel for soccer goalkeeper gloves will continue to register the fastest expansion, and gain 83 BPS in its market share by 2022-end.
On the basis of buyer type, individual segment is expected to retain its dominance in the global soccer goalkeeper gloves market. Revenues from individual segment are expected to hold approximately 60% share of the market during the forecast period. Demand for soccer goalkeeper gloves in promotional segment will remain sluggish through 2022.
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Key players identified in Fact.MR’s report on the global soccer goalkeeper gloves market include Adidas, NIKE, Inc., PUMA SE, Under Armour, Inc., Umbro, SELECT SPORT A/S, Reusch GmbH, Wilson Sporting Goods Co., Uhlsport GmbH, and Diadora Sports S.r.l.
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