Market Size of Sports Protective Equipment Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 4.10 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Europe |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Sports Protective Equipment Market Analysis
The global sports protective equipment market is estimated to register a CAGR of 4.1% during the forecast period (2021-2026).
Globally, there has been a significant rise in the prominence of ball sports, owing to the health and wellness trends, the increasing influence of social media, celebrity endorsements, and rise in the number of international sports events are encouraging consumers to enter some of the other sorts of sports activities. Football, basketball, and rugby are some of the popular ball sports with a significant amount of sports participation rate, across the world. This, in turn, has increased the demand for ball sports protective equipment, across the world.
Furthermore, players operating in the sports protective equipment market are embarking on significant investments to design customized products with essential assistance features, such as lightweight and comfort with enhanced protection. Additionally, the introduction of new products is creating a significant opportunity for key players to expand their product portfolio and to achieve a competitive advantage in the market.
Sports Protective Equipment Industry Segmentation
The global sports protective equipment market is segmented by type into ball sports protective equipment, water sports protective equipment, extreme sports protective equipment, and others. By distribution channel, the scope includes offline and online retail stores. By geography, the scope includes North America, Europe, Asia-Pacific, South America, and the Middle-East and Africa.
| By Type | |
| Ball Sports Protective Equipment | |
| Fitness Sports Protective Equipment | |
| Extreme Sports Protective Equipment | |
| Others |
| By Distribution Channel | |
| Offline Retail Stores | |
| Online Retail Stores |
| Geography | |||||||||
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Sports Protective Equipment Market Size Summary
The sports protective equipment market is experiencing a notable expansion, driven by the increasing popularity of ball sports such as football, basketball, and rugby. This surge in sports participation is largely attributed to the growing health and wellness trends, the influence of social media, and the rise in international sports events. As more individuals engage in these activities, the demand for protective gear is on the rise. Companies in the market are investing heavily in the development of customized products that offer lightweight comfort and enhanced protection, creating opportunities to expand their product offerings and gain a competitive edge. The market is also witnessing a boost from initiatives aimed at increasing women's participation in sports, supported by various governing bodies and associations.
Europe holds a significant portion of the market share, supported by a robust sports environment and high athlete participation rates. The region's enthusiasm for both national and international tournaments is driving the demand for sports protective equipment. Companies are focusing on developing new-generation technologies and expanding their presence in emerging markets like Asia-Pacific to enhance their product portfolios and increase their customer base. The market is highly competitive, with major players such as Nike Inc., Adidas AG, and Under Armour leading the charge. These companies are leveraging online distribution channels to broaden their geographic reach and strengthen their market position.
Sports Protective Equipment Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Ball Sports Protective Equipment
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2.1.2 Fitness Sports Protective Equipment
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2.1.3 Extreme Sports Protective Equipment
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2.1.4 Others
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2.2 By Distribution Channel
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2.2.1 Offline Retail Stores
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2.2.2 Online Retail Stores
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.1.4 Rest of North America
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2.3.2 Europe
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2.3.2.1 Spain
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2.3.2.2 United Kingdom
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2.3.2.3 Germany
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2.3.2.4 France
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2.3.2.5 Italy
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2.3.2.6 Russia
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2.3.2.7 Rest of Europe
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2.3.3 Asia-Pacific
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2.3.3.1 China
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2.3.3.2 Japan
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2.3.3.3 India
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2.3.3.4 Australia
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2.3.3.5 Rest of Asia-Pacific
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2.3.4 South America
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2.3.4.1 Brazil
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2.3.4.2 Argentina
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2.3.4.3 Rest of South America
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2.3.5 Middle East and Africa
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2.3.5.1 South Africa
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2.3.5.2 United Arab Emirates
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2.3.5.3 Rest of Middle-East and Africa
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Sports Protective Equipment Market Size FAQs
What is the current Sports Protective Equipment Market size?
The Sports Protective Equipment Market is projected to register a CAGR of 4.10% during the forecast period (2024-2029)
Who are the key players in Sports Protective Equipment Market?
Adidas AG, Under Armour, Inc., Nike, Inc. , Amer Sports and BRG Sports are the major companies operating in the Sports Protective Equipment Market.
