Global Sports Protective Equipment Market Size, Share, Growth Analysis, By Product(Head Protection, Upper Body Protection), By End use(Professional and non-professional) - Industry Forecast 2024-2031

Report ID: SQMIG25J2066 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 63 | Figures: 75

Global Sports Protective Equipment Market News

In January 2023, Nike released a new line of football helmets that are designed to reduce the risk of concussions.

In February 2023, Under Armour announced a partnership with the National Football League (NFL) to develop new protective gear for football players.

Global Sports Protective Equipment Market Report Snapshots

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Sports Protective Equipment Market size was valued at USD 8.18 Billion in 2021 and is poised to grow from USD 8.61 Billion in 2022 to USD 12.91 Billion by 2030, at a CAGR of 5.2% during the forecast period (2023-2030).

The competitive landscape of the global sports protective equipment market is characterised by intense competition among various manufacturers and brands. The market is highly fragmented, with numerous players vying for market share across different regions and sports categories. These companies offer a wide range of sports protective equipment, including helmets, pads, guards, gloves, and footwear, tailored to meet the specific needs of different sports disciplines and athletes. Innovations in materials science and technology have been pivotal in driving competition in the market. Companies continuously invest in research and development to create cutting-edge products that offer superior protection, comfort, and performance. Advancements in impact-absorbing foams, lightweight yet robust materials, and specialised designs have been central to gaining a competitive edge. Moreover, brand recognition and reputation play a significant role in the market's competitive dynamics. Established brands with a strong history of providing high-quality and reliable protective gear often enjoy a competitive advantage, thanks to consumer trust and brand loyalty. 'Adidas AG - Germany', 'Amer Sports Corporation - Finland', 'Asics Corporation - Japan', 'Bauer Hockey, LLC - Canada', 'BRG Sports, Inc. - USA', 'CCM Hockey - Canada', 'Dainese S.p.A. - Italy', 'Decathlon Group - France', 'Franklin Sports, Inc. - USA', 'Kookaburra Sport Pty Ltd - Australia', 'McDavid, Inc. - USA', 'Mizuno Corporation - Japan', 'New Balance Athletics, Inc. - USA', 'Nike, Inc. - USA', 'Puma SE - Germany', 'Riddell Sports Group - USA', 'Schutt Sports - USA', 'Under Armour, Inc. - USA', 'Warrior Sports - USA', 'Wilson Sporting Goods Co. - USA'

The increasing participation in sports and fitness activities across different age groups is a significant driver of the sports protective equipment market. As more individuals engage in sports, the demand for protective gear, such as helmets, pads, and guards, rises to mitigate the risk of injuries and enhance safety during sporting activities.

Sustainability and Eco-friendly Initiatives: Environmentally conscious consumerism is driving sports protective equipment manufacturers to adopt sustainable practices. Companies are increasingly using recycled materials, eco-friendly packaging, and greener manufacturing processes to appeal to environmentally conscious athletes and consumers.

The dominant region in the market is North America. This region has a strong sports culture, with a high level of sports participation and widespread popularity of professional sports leagues. The demand for sports protective equipment is significant in North America due to the emphasis on player safety and injury prevention in various sports, especially in high-impact contact sports like American football, ice hockey, and lacrosse. Moreover, the presence of well-established sports equipment manufacturers and a robust retail infrastructure further strengthens North America's position as the dominant market for sports protective gear.

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Global Sports Protective Equipment Market Size, Share, Growth Analysis, By Product(Head Protection, Upper Body Protection), By End use(Professional and non-professional) - Industry Forecast 2024-2031

Global Sports Protective Equipment Market News

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