Global Sports Protective Equipment Material Market Report and Forecast 2023-2028

Global Sports Protective Equipment Material Market Report and Forecast 2023-2028
Market Outlook

According to the report by Expert Market Research (EMR), the global sports protective equipment material market reached a value of USD 1.30 billion in 2022. Aided by the growing global emphasis on safety in sports and the proliferation of various sporting events and activities, the market is projected to further grow at a CAGR of 4.2% between 2023 and 2028 to reach a value of USD 1.64 billion by 2028.

Sports protective equipment refers to gear specifically designed to prevent injuries that might occur during physical sports activities. Such equipment is essential for sports ranging from high-contact disciplines like American football and hockey to low-impact sports such as running and swimming. The primary role of these protective gears is to absorb impact, spread shock, and prevent cuts and abrasions, ensuring athletes' safety and confidence on the field or platform.

Driving the global sports protective equipment material market growth is the rising awareness about the importance of safety in sports, underlined by the growing number of sports-related injuries. As more individuals participate in organised sports activities, schools, colleges, and professional leagues are emphasising the necessity of appropriate protective gear. Moreover, advancements in material science have led to the development of lightweight, durable, and more efficient protective equipment, further propelling their adoption.

The fitness wave sweeping across the world, coupled with the rise in health-conscious individuals, has seen a significant increase in participation in sports activities. This surge in active participation underscores the increasing requirement for protective equipment. Additionally, endorsements from professional athletes and promotional campaigns highlighting the importance of safety in sports have further bolstered the sports protective equipment material market demand.

Diversification in the types of sports protective equipment is also evident with the rise in popularity of various sporting events. For instance, extreme sports like skateboarding and snowboarding, which were once niche activities, are now mainstream, necessitating specialised protective gear tailored to these sports. Helmets, pads, guards, protective eye gear, and mouthguards are some of the standard equipment dominating the market.

Another significant driver is the ongoing innovation and research in sports equipment technology. Companies are investing in developing protective equipment that not only safeguards the athlete but also enhances their performance. Advancements in design, ergonomics, and materials are at the forefront of this research, resulting in equipment that offers optimal protection while ensuring maximum mobility and comfort.

Moreover, the rise of e-commerce platforms and dedicated retail stores for sports equipment has made protective gear more accessible to a broader audience. Online platforms provide consumers with a wide variety of options, enabling them to choose equipment best suited for their requirements and budgets. These platforms also allow manufacturers and brands to reach a global audience, further increasing sports protective equipment material market size.

Market Segmentation

The market can be divided based on product type, material type, and region.

Market Breakup by Product Type Helmets and HeadgearProtective EyewearFace Protection and Mouth GuardsPads, Guards, Chest Protectors, and Gloves Market Breakup by Material Type FoamPadsGelsMetalsPlasticsOthers Market Breakup by RegionNorth AmericaEuropeAsia PacificLatin AmericaMiddle East and AfricaCompetitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global sports protective equipment material market. Some of the major players explored in the report by Expert Market Research are as follows:Adidas AGAmer Sports CorporationASICS CorporationNike, Inc.Puma SEOthersAbout Us

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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.