The women’s activewear market was valued at US$ 124.65 Bn in 2017 and expected to grow at a CAGR of 8.2% during the forecast period from 2017 to 2026. Activewear is defined as an informal and comfortable clothing suitable for physical activities. It is basically designed as clothing to wear in the gym, sports or during performing exercise. Some of the unique benefits offered by activewear includes quick drying, breathability and static resistance among others.
Stone crushing equipment market expected to hit the global market value of US$ 4.5 Bn in 2026 and accounted to demonstrate the promising growth with a steady CAGR throughout the forecast period. Stone crushing industry proved as vital industrial sector across the world, involved in producing crushed stone of various sizes subject to the requirement.
The global water sports equipment & accessories market expected to grow at a steady rate, growing at a CAGR of 4.3% during the forecast period from 2021 to 2026. Sport has gained significant importance as one of the active source of entertainment. For that reason, more people and enthusiasts are progressively taking up sporting and other recreational activities due to growing stress management and health awareness. Proliferation of water sports have led to an increased interest in recreational water sports activities, which in turn is facilitating the growth of water sports equipment & accessories market worldwide.
Humans are producing more waste than ever and hence reducing the volume of waste has become an utmost necessity to reduce the landfills. The volume reduction can be done efficiently with the help of industrial shredders. Consequently, industrial shredders market registered market value of US$ 809.7 Mn in 2020. The market is projected to reach US$ 982.2 Mn by 2029 growing with a growth rate of 2.2% throughout the forecast period from 2021 to 2029.
Global poultry processing equipment market was valued US$ 3,363.8 Mn in 2020, expanding at a CAGR 5.2% during the forecast period from 2021 to 2029. Changing consumer preference towards high protein and zero-fat food observed as one of the major factors driving the demand for poultry products across different geographic region. Global broiler meat production was 90.71 Mn metric tons in 2020 and expected to cross 92.47 Mn metric tons by end of 2021.
Smart Shoes Market Is Projected to Expand At A CAGR Of 9.2% Between 2025 And 2033. The concept of smart shoes have come a long way ever since they were first introduced. Back in 2012, the Nike+ Training Shoe was introduced by Nike that was capable of measuring the no. of times the feet touched the ground, for how long the foot was off the ground and the place of contact. However, in recent years, many companies around the world have launched smart shoes with advanced functionalities aimed at capitalizing on the huge opportunity existing in the market.
Burns are the fourth common type of trauma globally and are prominent public health problem. Rise in cases of burn, increasing awareness about treatment opportunities, presence of advance treatment, increasing number of government initiatives and emergency centers to develop the strategies for enhancing care are key parameters driving the surge of burn care market.
Sporting goods market is anticipated to record noteworthy growth in the next five to six years. This is majorly attributed to increased number of health-conscious consumers, who are incorporating playing sports as a part of their daily routine. Of different segments in the overall sports industry such as sports tourism, sports apparel, sports sponsorship, sporting goods and others, sporting goods is anticipated to gain significant share in the overall sporting industry.
Bioengineered skin and soft tissue substitutes are generally derived from autologous or allogeneic human tissue, xenographic tissue, synthetic materials or a composite.These products being used and evaluated for treating a variety of conditions such as breast reconstruction, thermal injury treatment, plastic surgeries, lower extremity ulcers and others. Bioengineered and soft tissue substitutes can either be acellular or cellular.
The global mobile phone protective case market is growing proficiently, projected to grow at a CAGR of 6.5% during the expected period from 2020 to 2028, starting from US$ 21.36 Bn in 2019. The mobile phone protective cases are basically designed to attach to, or hold a cell phone, are well-accepted, fashionable, and suitable accessories for different phones (including smartphones and feature phones). Presently, mobile phone protective cases are highly demanded by smartphone users all across the globe.
In 2021, the global market for sports equipment was valued at US $330 billion and is projected to develop at a compound annual growth rate (CAGR) of 6.5% from 2023 to 2031. The market is growing as a result of continuous developments and rapid technological advancements designed to stay up with changing consumer tastes. The growing awareness of the advantages of a healthy lifestyle and the significance of sports and fitness activities is also driving the demand for such equipment. Among the industries negatively impacted by the Covid-19 pandemic is the athletic and fitness industry. Numerous tournaments and sporting events, including the Olympics, have been postponed or altered in structure. As a result, market participants are attempting to evaluate the repercussions of disrupted cash flows, uncertainties, and possible losses in long-term attendance and involvement.
The increasing popularity of national and international events, such as the World Cup of Soccer, the Olympic Games, and the Cricket World Cup, also contributes to the expansion of this market for sports equipment. Increasing instances of lifestyle-related health problems, such as stress and obesity, are encouraging more individuals to participate in outdoor and fitness activities, which is boosting demand for a variety of fitness and sports equipment. The availability of well-known worldwide sporting equipment brands contributes to product demand as well. Women's participation in sports is a significant component that will likely stimulate market expansion.
Businesses are attempting to increase market penetration by enhancing brand recognition through television and print advertisements, the internet, social media platforms, team sponsorships, and partnerships with the athletes of various sports and fitness aficionados. Furthermore, social media influencers and popular athletes are promoting numerous companies, which is anticipated to contribute to the expansion of the sports equipment industry. In the next years, it is anticipated that the gap will continue to narrow, which will have a beneficial effect on equipment demand. The gradual growth in spending on such equipment for children can be attributed to a greater understanding of the benefits of such games for their physical development. India and China are significant sports equipment markets. Increasing discretionary income and higher living conditions of consumers are significant drivers in the acceleration of product demand in these nations. In addition, low production costs and a robust manufacturing sector are anticipated to drive market expansion in Asia-Pacific.
When it comes to offering sports goods and equipment manufacturers and stakeholders comprehensive market information and strategic market solutions, Acute Market Reports is unparalleled. Our clients are able to make well-informed, timely business decisions thanks to the forward-thinking research approach we employ at Acute Market Reports. We partner with numerous organizations in the industry to provide our clients with the best available strategic research solutions.
