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Sports Protective Gear Global Market 2023 - Business Growth, Top Countries, Future Opportunities, Revenue And Forecast To 2032
Sports Protective Gear Market
The Business Research Company's Sports Protective Gear Global Market Report 2023 identifies increasing number of people participating in sports and recreational activities as the major driver for the Sports Protective Gear market's growth in the forecast period. The COVID-19 pandemic is one of the major reasons for the increased participation in sports and recreational activities. Due to the pandemic, people had ample free time to play sports or engage in recreational activities. Sports protective gears aids people in playing safely without any injury.
The global sports protective gear market size is expected to grow from $3.72 billion in 2022 to $4.02 billion in 2023, at a compound annual growth rate (CAGR) of 8.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The sports protective gear market size is expected to grow to $5.35 billion in 2027 at a CAGR of 7.4%.
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Major competitors in the Sports Protective Gear market are Adidas AG, Amer Sports Oyj, ASICS Corporation, Bauer Hockey LLC, BRG Sports, Dunlop Sport, Franklin Sports, Mizuno Corporation.
A key trend in the Sports Protective Gear market includes technological innovations. Major market players are concentrating on implementing artificial intelligence in protective gear to aid sports professionals and athletes in several aspects of enhancing the spectator experience and helping to shape the look and feel of the sports enthusiasts. Such advancements enable key players to gain a competitive edge in the market.
Read More On The Global Sports Protective Gear Market Report Here: https://www.thebusinessresearchcompany.com/report/sports-protective-gear-global-market-report
The Sports Protective Gear market is segmented -
• By Type: Combine Sports Gear, Single Sports Protector
• By Area Of Protection: Head and Face, Trunk and Thorax, Upper Extremity, Lower Extremity
• By Distribution Channel: Exclusive Stores, Multi-retail Stores, E-commerce Portals
• By Application: Professionals, Hobbyists
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Sports Protective Gear market.
The Business Research Company's "Global Sports Protective Gear Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Sports Protective Gear Market Include:
1. Executive Summary
2. Sports Protective Gear Market Characteristics
3. Sports Protective Gear Market Trends And Strategies
4. Sports Protective Gear Market - Macro Economic Scenario
5. Sports Protective Gear Market Size And Growth
……………………….
26. Africa Sports Protective Gear Market
27. Sports Protective Gear Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Sports Protective Gear Market
29. Sports Protective Gear Market Future Outlook and Potential Analysis
30. Appendix
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