Global Sports Gloves Industry

Global Sports Gloves Industry

  • October 2022 •
  • 265 pages •
  • Report ID: 5896565 •
  • Format: PDF
Abstract:

What’s New for 2022??

Global competitiveness and key competitor percentage market shares

Market presence across multiple geographies - Strong/Active/Niche/Trivial

Online interactive peer-to-peer collaborative bespoke updates

Access to our digital archives and MarketGlass Research Platform

Complimentary updates for one yearGlobal Sports Gloves Market to Reach $1.7 Billion by 2027
- In the changed post COVID-19 business landscape, the global market for Sports Gloves estimated at US$1.3 Billion in the year 2020, is projected to reach a revised size of US$1.7 Billion by 2027, growing at a CAGR of 3.5% over the analysis period 2020-2027. Boxing Gloves, one of the segments analyzed in the report, is projected to record a 4.1% CAGR and reach US$641.9 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Baseball Gloves segment is readjusted to a revised 3.1% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $432.8 Million, While China is Forecast to Grow at 6% CAGR
- The Sports Gloves market in the U.S. is estimated at US$432.8 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$188.4 Million by the year 2027 trailing a CAGR of 6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.1% and 3.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.7% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$175 Million by the year 2027.
- Hockey Gloves Segment to Record 3.7% CAGR
- In the global Hockey Gloves segment, USA, Canada, Japan, China and Europe will drive the 3.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$183.4 Million in the year 2020 will reach a projected size of US$228.3 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 5.3% CAGR through the analysis period.

Select Competitors (Total 38 Featured)
Adidas America Inc
All-Star Sporting Goods
AML Group Ltd
Everlast Worldwide Inc
Gloves n Gloves
Grays of Cambridge
Hirzl AG
Kathmandu Outdoor
Mizuno Corporation
Nike Inc
Rawlings
SELECT SPORT A/S
TH-SPORT (H.K.) Ltd
Under Armour Inc
Wilson Sporting Goods