The global sports protective equipment market size is expected to reach USD 13.58 billion by 2030, registering a CAGR of 5.5% during the forecast period. The market is expected to witness significant growth owing to growing popularity of sports activities in schools and colleges.
Increasing popularity of outdoor games such as soccer and American football is expected to increase the demand for sports protective gears over the forecast period. Moreover, increasing number of sports leagues and outlets is expected to provide growth opportunities for the market in the coming years. In addition, sports clubs are raising awareness among people by conducting events at various places across the world, which will have a positive impact on the sports protective equipment market growth.
For instance, since 2007, the National Football League (NFL), one of the most popular sporting leagues in U.S., has organized several events in London to increase awareness regarding American football. In 2017, NFL organized four game events in London and around 84,500 fans came to watch the match between Jacksonville Jaguars and Baltimore Ravens at Wembley Stadium.
In 2023, the head and headgear product segment dominated the market and is expected to maintain its lead over the forecast period. The growth is attributed to increasing awareness regarding head injuries. For instance, Phillip Joel Hughes was an Australian Test and One Day International (ODI) cricketer who played domestic cricket for South Australia and Worcestershire, died during the match due to head injury, which has created awareness among the young enthusiastic players. Leg protection gears are expected to register the highest CAGR of 6.6% over the forecast period. The segment growth is attributed to increase in the number of participants in individual sports, such as mixed martial arts, cycling, boxing, and skating.
North America was the largest regional market in 2023. The U.S. was the major revenue contributor in North America. Increasing popularity of football, field hockey, and ice hockey is anticipated to drive the regional market over the forecast period. Asia Pacific is expected to expand at the fastest CAGR over the forecast period. Increasing number of sports equipment outlets in India and China and rising wealth and health awareness in the region is expected to have a positive impact on the market growth.
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Increasing popularity of outdoor games such as soccer and American football is expected to increase the demand for sports protective gears over the forecast period. Moreover, increasing number of sports leagues and outlets is expected to provide growth opportunities for the market in the coming years. In addition, sports clubs are raising awareness among people by conducting events at various places across the world, which will have a positive impact on the sports protective equipment market growth.
For instance, since 2007, the National Football League (NFL), one of the most popular sporting leagues in U.S., has organized several events in London to increase awareness regarding American football. In 2017, NFL organized four game events in London and around 84,500 fans came to watch the match between Jacksonville Jaguars and Baltimore Ravens at Wembley Stadium.
In 2023, the head and headgear product segment dominated the market and is expected to maintain its lead over the forecast period. The growth is attributed to increasing awareness regarding head injuries. For instance, Phillip Joel Hughes was an Australian Test and One Day International (ODI) cricketer who played domestic cricket for South Australia and Worcestershire, died during the match due to head injury, which has created awareness among the young enthusiastic players. Leg protection gears are expected to register the highest CAGR of 6.6% over the forecast period. The segment growth is attributed to increase in the number of participants in individual sports, such as mixed martial arts, cycling, boxing, and skating.
North America was the largest regional market in 2023. The U.S. was the major revenue contributor in North America. Increasing popularity of football, field hockey, and ice hockey is anticipated to drive the regional market over the forecast period. Asia Pacific is expected to expand at the fastest CAGR over the forecast period. Increasing number of sports equipment outlets in India and China and rising wealth and health awareness in the region is expected to have a positive impact on the market growth.
Sports Protective Equipment Market Report Highlights
- By product, leg protection gear is projected to expand at the fastest CAGR of 6.6% over the forecast period. The Sports leagues, schools, and recreational clubs are investing in leg protection equipment to safeguard players and adhere to safety regulations.
- The offline distribution channel segment dominated the global market in 2023, as tactile nature of sports protective gear necessitates physical interaction before purchase.
- North America dominated the global market in 2023. This trend is projected to continue over the next few years.
- Growing popularity of field sports at the national and international levels is expected to drive the market over the forecast period
- Various manufacturers are concentrating on new product launches and product innovation in order to expand their consumer base.
The leading players in the Sports Protective Equipment market include:
- Amer Sports
- Nike Inc.
- Adidas AG
- Puma SE
- Harrow Sports Inc.
- Franklin Sports Inc.
- Bauer Hockey Inc.
- MIZUNO Corporation
- Schutt Sports Inc.
- Under Armour, Inc.
Why should you buy this report?
- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players worldwide.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
- COVID-19's impact and how to sustain in these fast-evolving markets
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Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Sports Protective Equipment Market Variables, Trends, & Scope
Chapter 4. Consumer Behavior Analysis
Chapter 5. Sports Protective Equipment Market: Product Estimates & Trend Analysis
Chapter 6. Sports Protective Equipment Market: Distribution Channel Estimates & Trend Analysis
Chapter 7. Sports Protective Equipment Market: Regional Estimates & Trend Analysis
Chapter 8. Competitive Landscape
Companies Mentioned
The leading players in the Sports Protective Equipment market include:- Amer Sports
- Nike Inc.
- Adidas AG
- Puma SE
- Harrow Sports Inc.
- Franklin Sports Inc.
- Bauer Hockey Inc.
- MIZUNO Corporation
- Schutt Sports Inc.
- Under Armour, Inc.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 100 |
| Published | September 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 9.4 Billion |
| Forecasted Market Value ( USD | $ 13.58 Billion |
| Compound Annual Growth Rate | 5.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
