The global keeper glove market is anticipated a phenomenal run during the forecast period (2018 to 2025), finds a report added to Radiant Insights, Inc. Rise of the youth demographic interested in soccer or football can augur market during the forecast period. Demand for superior protective equipment to prevent injuries can positively impact the market. Availability of materials such as polyurethane, latex, and other grades is expected to further boost market growth.
Innovations in designs and combinations with various materials to prevent hand injuries offer scope for expansion of the market for keeper gloves. In 2017, Nike, one of the recognizable sport brands, launched the Goalkeeper Vapor Touch integrated with a reverse-stitched wrap. The gloves have been sported by prominent goalkeepers of the English Premier League (EPL) and garnered considerable interest among viewers and athletes alike.
The retail sector is anticipated to play a vital role in driving sales of keeper gloves. The e-commerce sectors will play an equal role due to huge population of millennials going online for their shopping needs. Mega brands are expected to rely on partnerships with retail outlets and offer special discounts to consumers to register high profit margins by the end of the forecast period. Online influencers and targeted Ads are likely to entice potential customers to procure gloves.
The worldwide keeper glove market is segmented by product, application, and region. By product, the market is divided into flat palm, roll finger, negative cut, and hybrid cut goalkeeper gloves. Major applications include promotional, institutional, and individual. Regions covered in the market include Japan, China, India, Southeast Asia, North America, and Europe.
The North America market is projected a steady demand due to rising interest in foreign sports such as soccer. Sports like lacrosse, baseball, and football which are prone to injuries can impel the growth of the market. High demand for gloves with tough grip is expected to further drive market growth during the forecast period. Conceptualization of new designs for gloves with the help of athletes can also augur market volume.
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The Europe market for keeper glove is expected maximum growth owing to high craze for soccer and other sports. Acquisitions are a common strategy used by local players to corner the market. In 2016, JD Sports Fashion acquired Go Outdoors in order to expand their consumer base and product offerings.
The India, China, and Japan markets are likely to record a steady growth rate during the forecast period due to increasing interest in various sports and the burgeoning youth demographic. Influences of athletes and deluge of sports channels encouraging outdoor activities can culminate in high sales of keeper gloves in near future. Online stores offering gloves at economical prices coupled with availability of unisex gloves for kids can augment market growth.
Key players from keeper glove market include Adidas AG; Reusch Xosa; NIKE, Inc.; PUMA SE; and Umbro, Ltd. These players are innovating in terms of design, material, and weight. Preference for lightweight gloves and integration of safety features can lead to skyrocketing sale figures in the forthcoming years. For instance, Reusch has carved its niche by focusing on finger protection and grip in tough conditions.
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