As per a new market research report published by Factor & Equilibrium (www.factorandequilibrium.com), “Sports Protective Equipment Market – Global Industry Insights Market Size, Estimation and Growth Forecast By Product Type (Helmets & Headgear, Eyewear, Face & Mouth Protection and Pads, Guards, Chest Protectors & Gloves), By Protection Area (Head and Face, Trunk and Thorax, Upper Extremity and Lower Extremity), By Distribution Channel (Specialty Stores, Multi-Retail Stores and Online), & By Regions, 2017-2025” is expected to reach USD 10,447.6 Million by 2025 in terms of revenue. In 2016, the market was valued USD 7,557.0 Million in terms of revenue.
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The sports protective equipment market is expected to grow at stable rate during 2017 to 2025. The sports protective equipment is special class of personal protective equipment (PPE) which helps in ensuring safety of an athlete or a person participating in sports. Various types of sports protective equipment include helmet, eye shield, mouth guard, shoulder pads, gloves, knee pads etc. Sports protective equipments are designed to protect different areas of human body such as head and face, trunk and thorax, upper extremity and lower extremity. Rising health concern and awareness for involving in calorie burning sports activities among people have created huge market for sports related equipments. Such trend has similarly boosted the demand for sports protective equipments among athletes and persons involved in sporting activities. Increasing consumer spending on sports protective equipment is also fuelling the growth of the market.
Rising awareness among consumer regarding protection and safety while involving in sporting activities has been boosting the growth of the market
Based on product type, the global market has been segmented into helmets & headgear, eyewear, face & mouth protection and pads, guards, chest protectors & gloves. As of 2016, pads, guards, chest protectors & gloves held the largest share in the market, accounting for more than 30% of sports protective equipment market size. Rising demand of pads, guards, chest protectors & gloves among athletes and persons involving in sports namely, soccer, baseball, cricket, hockey, fencing, lacrosse and equestrian sports is major factor behind such large market share. Rising demand for protection against high velocity projectiles and extreme blows while involving sporting activities is also driving the growth for this market segment.
In terms of revenue, pads, guards, chest protectors & gloves were the largest product type for sports protective equipment market in 2016
Based on protection area, global sports protective equipment market has been segmented into head and face, trunk and thorax, upper extremity and lower extremity. As of 2016, in terms of revenue, head and face held the largest share, accounting for more than 43% of sports protective equipment market size. As compared to other body parts, head and face are comparatively sensitive in nature. Any injury in head and face area can prove fatal and may cause permanent damage. Therefore, demand for sports protective equipment for head and face is higher as compared to other body parts.
In terms of revenue, head and face were the largest protection area for sports protective equipment market in 2016
By distribution channel, the global sports protective equipment market has been divided into specialty stores, multi-retail stores and online. As of 2016, specialty stores held the largest share in the market, accounting for more than 40% of sports protective equipment market size. Specialty retail stores include specialty sports shops, sporting goods stores, and company owned stores among others. Convenience of buying sports protective equipments from sporting goods stores is major growth driver for this segment. Greater awareness and traditional choice for buying sports protective equipment are two of the reasons behind large share of this segment.
In terms of revenue, specialty stores was the largest distribution channel for sports protective equipment market in 2016
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By region, the global sports protective equipment market has been segmented into five regions; North America, Europe, Asia-Pacific (APAC), Latin America and Middle East and Africa (MEA). In 2016, North America occupied the largest revenue share of the sports protective equipment market size, accounting for more than 24%. The large market share in North America can be attributed to large user base for sports protective equipment, greater awareness for safety and protection among persons involving in different sporting activities and strong presence of leading manufacturers of sports protective equipments. Online distribution channel is fastest growing segment in this region.
North America occupied the largest revenue share of the market
Leading Player Mapping
Some major players in the market are: Amer Sports Corporation (Finland), Nike, Inc. (The U.S.), Adidas AG (Germany), Under Armour, Inc (The U.S.), ASICS (Japan), PUMA SE (Germany), Vista Outdoor Inc (The U.S.), BRG Sports (The U.S.), Shock Doctor, Inc. (The U.S.) and Xenith (The U.S.) among others.
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The market has been segmented as follows:
Sports Protective Equipment Market, by Product Type
- Helmets & Headgear
- Face & Mouth Protection
- Pads, Guards, Chest Protectors & Gloves
Sports Protective Equipment Market, by Protection Area
- Head and Face
- Trunk and Thorax
- Upper Extremity
- Lower Extremity
Sports Protective Equipment Market, by Distribution Channel
- Specialty Stores
- Multi-Retail Stores
Sports Protective Equipment Market, by Region:
- North America (The U.S. and Canada)
- Europe (The U.K, Spain + Germany, France, Italy and Rest of the Europe)
- Asia Pacific (China, Japan, India, Australia and Rest of the Asia Pacific)
- Latin America (Brazil, Mexico, Argentina and Rest of the Latin America)
- Middle East and Africa (South Africa, Saudi Arabia and Rest of the Middle East and Africa)
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