Concerns over rising number and severity of sports injuries has led to higher awareness on the need to use protective equipment. While regulations have helped in adoption of protective gear at national and international level, there is a long way to go before sports protective gear becomes the norm rather than the exception at amateur levels.
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Sports protection equipment has gone the digital way, with manufacturers focusing on developing revolutionary sport protective equipment using sensors and materials that can provide better protection. Shock absorption and impact protection equipment are being developed by using new foam technology to protect the participant from high-speed impact.
Majorly used by the professional sports person, sport protection equipment includes helmets, pads, protective eyewear, mouth guards and face protection, and gloves. Use of sport protection equipment lowers the magnitude of injury caused during sport-related impacts, and also prevents the wearer from any further damage. Sport protection equipment are designed and tested as per the safety standards & requirement of various sports.
According to a latest report by Fact.MR, the global sport protection equipment market is anticipated to witness slow growth, reaching US$ 9,500 Mn value by the end of 2022. Various factors are hampering the growth of the market such as high cost of equipment, increasing competition and lack of knowledge regarding the use of various sport protection equipment.
View Full Report@:- https://www.factmr.com/report/246/sport-protection-equipment-market
High Sales through Independent Sports Outlets
Gaining maximum revenue share in the sport protection equipment, independent sports outlet emerge as one of the most lucrative sales channels. By the end of 2017, independent sports outlets are projected to gain nearly two-fifth of global revenue share. Although global sales of sport protection equipment through franchised sports outlets is anticipated to create an incremental opportunity of over US$ 150 Mn between 2017 and 2022.
Individual Buyers to Gain Maximum Revenue Share
Compared to institutional buying of sport protection equipment, individual buyers will form a strong customer base in the global market. Towards the end of 2022, sales of sport protection equipment through individual buyers is expected to bring in nearly US$ 6,860 Mn in global revenues. Emergence of sports as a popular career option is also fuelling the adoption of sport protection equipment, particularly among individuals. Meanwhile, institutional purchasing of sport protection equipment is witnessing a boost from rising investment influx directed by governments across several regions.
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Competition Tracking
The report also profiles companies that are expected to remain active in the expansion of global sport protection equipment market through 2022, which include Under Armour Inc., ASICS Corporation, Adidas AG, Shock Doctor Inc., Vista Outdoor, Inc., Mizuno Corp., PUMA SE, Acushnet Holdings Corp, Amer Sports Corporation, BRG Sports, Inc., NIKE, Inc., and Decathlon S.A.
About Us
We are an insights-driven global market intelligence company with a unique purpose: enabling organizations make better decisions. We do this by creating an ecosystem where an eclectic cognitive collaboration between human imagination and data science leads to path breaking ideas.
Our vision is to foster a pervasive culture where critical business decisions are taken on the basis of facts rather than assumptions and perceptions.
Our mission is empowerment – empowerment of free-thought; empowerment of fact-based decisions; empowerment of decisive action.
For More Information Kindly Contact:
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-4434-232
Mail: sales@factmr.com
Read Blog: https://theheraldmedia.com/
Ask for sample link here: https://www.factmr.com/connectus/sample?flag=S&rep_id=246
Sports protection equipment has gone the digital way, with manufacturers focusing on developing revolutionary sport protective equipment using sensors and materials that can provide better protection. Shock absorption and impact protection equipment are being developed by using new foam technology to protect the participant from high-speed impact.
Majorly used by the professional sports person, sport protection equipment includes helmets, pads, protective eyewear, mouth guards and face protection, and gloves. Use of sport protection equipment lowers the magnitude of injury caused during sport-related impacts, and also prevents the wearer from any further damage. Sport protection equipment are designed and tested as per the safety standards & requirement of various sports.
According to a latest report by Fact.MR, the global sport protection equipment market is anticipated to witness slow growth, reaching US$ 9,500 Mn value by the end of 2022. Various factors are hampering the growth of the market such as high cost of equipment, increasing competition and lack of knowledge regarding the use of various sport protection equipment.
View Full Report@:- https://www.factmr.com/report/246/sport-protection-equipment-market
High Sales through Independent Sports Outlets
Gaining maximum revenue share in the sport protection equipment, independent sports outlet emerge as one of the most lucrative sales channels. By the end of 2017, independent sports outlets are projected to gain nearly two-fifth of global revenue share. Although global sales of sport protection equipment through franchised sports outlets is anticipated to create an incremental opportunity of over US$ 150 Mn between 2017 and 2022.
Individual Buyers to Gain Maximum Revenue Share
Compared to institutional buying of sport protection equipment, individual buyers will form a strong customer base in the global market. Towards the end of 2022, sales of sport protection equipment through individual buyers is expected to bring in nearly US$ 6,860 Mn in global revenues. Emergence of sports as a popular career option is also fuelling the adoption of sport protection equipment, particularly among individuals. Meanwhile, institutional purchasing of sport protection equipment is witnessing a boost from rising investment influx directed by governments across several regions.
Request for the Customization of the report: https://www.factmr.com/connectus/sample?flag=RC&rep_id=246
Competition Tracking
The report also profiles companies that are expected to remain active in the expansion of global sport protection equipment market through 2022, which include Under Armour Inc., ASICS Corporation, Adidas AG, Shock Doctor Inc., Vista Outdoor, Inc., Mizuno Corp., PUMA SE, Acushnet Holdings Corp, Amer Sports Corporation, BRG Sports, Inc., NIKE, Inc., and Decathlon S.A.
About Us
We are an insights-driven global market intelligence company with a unique purpose: enabling organizations make better decisions. We do this by creating an ecosystem where an eclectic cognitive collaboration between human imagination and data science leads to path breaking ideas.
Our vision is to foster a pervasive culture where critical business decisions are taken on the basis of facts rather than assumptions and perceptions.
Our mission is empowerment – empowerment of free-thought; empowerment of fact-based decisions; empowerment of decisive action.
For More Information Kindly Contact:
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-4434-232
Mail: sales@factmr.com
Read Blog: https://theheraldmedia.com/
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