WILMINGTON, Del., Aug. 19, 2022 /PRNewswire/ -- In 2021, the value of global protective sports equipment market size stood at US$ 8.18 Bn. The global market is anticipated to rise at a CAGR of 5.2% during the forecast period, from 2022 to 2031. The value of global sports protective equipment market is estimated to touch US$ 13.35 Bn by 2031. The market for sports protective equipment is being driven by an increase in involvement in outdoor sports activities. With more people participating in sports, there is a rising need for protective gear such boxing equipment, helmets, and footwear, which is expected to offer growth prospects for the sports equipment suppliers.
Due to the rise in sports-related injuries, individuals are also becoming more knowledgeable about the usage of protective gear for sports. This is anticipated to increase consumer demand for sports protective gear. In order to bring novel items to the market, sports safety equipment manufacturers are constantly investing on research and development projects. Since there are more sports professionals in Asia Pacific than in any other region, there is likely to be a higher demand for sports equipment substances in the region.
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Key Findings of Market Report
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Global Sports Protective Equipment Market: Growth Drivers
Global Sports Protective Equipment Market: Key Players
Some of the key market players are
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Global Sports Protective Equipment Market: Segmentation
Consumer Goods Research Reports
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