Sports protective equipment has undergone substantial design and technological advancement over the past few decades resulting in an impressive reduction in mortality and morbidity among athletes. However, as more individuals play competitive sports, extreme sports, and fitness training including strength programs, the magnitude of impacts has also become more intense in nature.
The report titled “Global Sports Protective Equipment Market - Growth, Future Prospects, and Competitive Analysis, 2020–2028” offers strategic insights into the overall sports protective equipment market along with the market size and estimates for the duration 2020 to 2028. The said research study covers an in-depth analysis of multiple market segments based on the type of product, type of area of protection, distribution channel, and different geographical region. The type of product segment studied for analyzing the overall sports protective equipment market is majorly segmented into helmet & other headgear, protective eyewear, face protection & mouth guards, and pads, guards, chest protectors, & gloves. On the type of area of protection, the sports protective equipment market is segmented into head and face, trunk and thorax, upper extremity, and lower extremity. On the type of distribution channel, the market is segmented into specialty retail stores, multi-retail stores, online stores, and others.
Based on the type of product the sports protective equipment market is segmented as follows:
Protective equipment is designed specifically for the sports activities involved that helps to promote athlete safety and well-being. Many sports have rules that govern compulsory equipment, while other athletes choose to wear certain protective equipment for their safety. Protective equipment can refer to equipment that players wear or other forms of protective equipment. With the increase in the number of people engaging in sporting activities, the number of injuries has surged. Through the usage of protective equipment when engaging in sporting activities can help reduce injuries and make the sports much safer.
In 2019, pads, guards, chest protectors & gloves held the largest share of 73.4% in the global sports protective equipment market and are expected to hold the leadership position throughout the forecast period. A growing initiative of sport association to develop and mandate these basic protective gears are acting as driving factors for the growth of the sports protective equipment market. Protective eyewear is anticipated to grow at the highest growth rate during the forecast period due to rising product launches and awareness among athletes regarding protective eyewear.
Based on the type of area of protection the sports protective equipment market is segmented as follows:
Protective equipment is designed specifically for the sports activities involved that helps to promote athlete safety and well-being. Various national & international sports events across the world have increased the adoption of sports protective equipment in recent years. As participation in all forms of outdoor sports and athletic activities is increasing, particularly in developing countries, it is anticipated that the demand for sports affordable protective will continue to rise during the forecast period. The sports protective equipment market is segmented on the basis of area protection into head & face, trunk and thorax, upper extremity, and lower extremity. The Head & face segment continues to dominate the market, as it is made mandatory to wear headgear in particular sports to avoid fatal injury, and is expected to lead the market throughout the forecast period. Due to the mandatory use of headgear in several sports, serious injuries have become rare, and the injuries that have occurred despite the use of headgear, the injury is not severe. Lower and upper extremity equipment is anticipated to witness higher growth rates globally due to the advancement of technology and safety measures to avoid any injury to players.
Based on the type of distribution channel the sports protective equipment market is segmented as follows:
Protective equipment is designed specifically for the sports activities involved. The use of protective equipment helps to promote athlete safety and well-being. Many sports have rules that govern compulsory equipment, while other athletes choose to wear certain protective equipment for their safety. With the rise in sports participation, the distribution channel of such sports gear has been increasing rapidly making it more accessible which is driving the market for sports protective equipment market globally. The sport protective equipment market is segmented based on distribution channels such as specialty retail stores, multi-retail stores, and online stores, and others. Among all the distribution channels, the specialty retail channel dominates the market. Specialty retail channel is the traditional channel for buying the sport product, thus generating maximum revenue. A specialty store carries a specific category of sports equipment that meets the particular demand of the athlete and working on its precision and design. Moreover, the key benefit of purchase from specialty stores is to focus on a single class of product. A more and more personalized experience is preferred by the customer to improve the comfort and performance, which attracts the customer to specialized stores. With the advent in technology, the emergence of a tech-savvy consumer base, usage of smartphones, and user-friendly apps available in the market, an online store is witnessing higher growth and anticipated to continue during the forecast period. Benefits of e-commerce include the wide availability of goods and services for the consumer, the speed of access, its around-the-clock availability, easy accessibility, and international reach.
For the purpose of this study, the global sports protective equipment market is categorized into regional markets viz., North America, Europe, Asia-Pacific, Latin America, Middle East and Africa. In the base 2020, North America formed the largest market for sports protective equipment market. The factors driving the North American sports protective equipment market are continuous rise in youth participation in sports activities. Moreover, initiatives taken by sports communities and associations further motivate the sports personnel have to actively participate in the sports activities. Hence, North America being an organized market for sports protective equipment due to better government initiatives, high disposable income to invest in the purchase of sports protective gear is the major factor for the growth and dominance of North America in the global sports protective equipment market. Asia-Pacific is the fastest-growing market for sports protective equipment in the world. The rising penetration of professional-level sports in the region is the major factor driving the market. Due to economic growth, the disposable income of the masses has increased in the region leading to the acceptance of innovative and unique design sports gears. Moreover, in countries like Australia and India, sports such as cricket, football, hockey is increasing and considered as an important nation in the respective sports. Thus, this plays an important influencing role in increasing awareness among the population.
Historical & Forecast Period
This study report represents analysis of each segment from 2021 to 2031 considering 2022 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2031.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Sports Protective Equipment market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
| ATTRIBUTE | DETAILS |
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| Research Period | 2021-2031 |
| Base Year | 2022 |
| Forecast Period | 2023-2031 |
| Historical Year | 2021 |
| Unit | USD Million |
| Segmentation | |
Product
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Area of Protection
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Distribution Channel
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Region Segment (2021–2031; US$ Million)
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Key questions answered in this report
