The global market for Cricket Equipment was valued at an estimated US$2.9 Billion in 2023 and is projected to reach US$3.3 Billion by 2030, growing at a CAGR of 2.0% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the cricket equipment market is driven by several factors. The increasing popularity of cricket worldwide, particularly in regions such as South Asia, Australia, and the United Kingdom, has significantly boosted demand for quality cricket gear. The rise of domestic leagues, like the Indian Premier League (IPL), has further fueled interest in the sport, encouraging both amateur and professional players to invest in high-quality equipment. Technological advancements in manufacturing processes and materials have made cricket gear more affordable and widely available, contributing to market expansion.
Additionally, endorsements by famous cricketers and sponsorships have heightened the visibility and desirability of branded cricket equipment. The expansion of e-commerce platforms has also played a crucial role, making it easier for consumers to purchase a wide range of cricket products online. These factors collectively ensure robust growth in the cricket equipment market, catering to the evolving needs of players at all levels and enhancing the global appeal of the sport.
The growth in the cricket equipment market is driven by several factors. The increasing popularity of cricket worldwide, particularly in regions such as South Asia, Australia, and the United Kingdom, has significantly boosted demand for quality cricket gear. The rise of domestic leagues, like the Indian Premier League (IPL), has further fueled interest in the sport, encouraging both amateur and professional players to invest in high-quality equipment. Technological advancements in manufacturing processes and materials have made cricket gear more affordable and widely available, contributing to market expansion.
Additionally, endorsements by famous cricketers and sponsorships have heightened the visibility and desirability of branded cricket equipment. The expansion of e-commerce platforms has also played a crucial role, making it easier for consumers to purchase a wide range of cricket products online. These factors collectively ensure robust growth in the cricket equipment market, catering to the evolving needs of players at all levels and enhancing the global appeal of the sport.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Cricket Protective Gears segment, which is expected to reach US$1.4 Billion by 2030 with a CAGR of a 2.6%. The Cricket Bats segment is also set to grow at 1.6% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $792.9 Million in 2023, and China, forecasted to grow at an impressive 4.3% CAGR to reach $655.8 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Cricket Equipment Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Cricket Equipment Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Cricket Equipment Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Adidas AG, Alanic International Corporation, Bhalla International - Vinex, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 43 Featured):
- Adidas AG
- Alanic International Corporation
- Bhalla International - Vinex
- CA Sports Global
- Delux Sports Company
- Dick`s Sporting Goods, Inc.
- DRH Sports
- GM Cricket India
- Gray-Nicolls
- Hyve Sports Private Limited
- Kippax Willow
- Kookaburra Sport Pty., Ltd.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISSOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- Adidas AG
- Alanic International Corporation
- Bhalla International - Vinex
- CA Sports Global
- Delux Sports Company
- Dick`s Sporting Goods, Inc.
- DRH Sports
- GM Cricket India
- Gray-Nicolls
- Hyve Sports Private Limited
- Kippax Willow
- Kookaburra Sport Pty., Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 280 |
Published | December 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 2.9 Billion |
Forecasted Market Value ( USD | $ 3.3 Billion |
Compound Annual Growth Rate | 2.0% |
Regions Covered | Global |
No. of Companies Mentioned | 12 |