Global Sports Accessories Market 2022 Growth, COVID Impact, Trends Analysis Report 2028.

The global sports accessories market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). The increasing participation in various sports disciplines such as cricket, golf, and others is anticipated to drive the growth of the global sports accessories market. According to Australia Cricket Census 2020, approximately 709,957 participants registered in various programs, including club cricket, indoor cricket, and organized school competitions. Moreover, the Woolworths Cricket Blast participation increased to 59,300 participants, junior Club Cricket grew to 8,500 in teams for boys aged 12 and under and female participants grew to 76,400, registering an increase of 11.4% from 2019. In addition, as per the data published by National Gold Foundation, approximately 24.8 million people played golf in the US in 2020. Also, nearly 37.5 million people in the US played golf in 2021. Out of these 25 million people played on a golf course and 12.4 million participated in off-course golf. Moreover, 25.0% of on-course golfers are women. Females represent a higher percentage of beginners (37.0%), juniors (36.0%), and of- course participants (44.0%).  Thus, growing participation in various sports disciplines is anticipated to fuel the demand for the global sports accessories market.

Looking toward the demand for sports accessories, key market players are adopting various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in February 2022, Go Sleeves launched Elbow Sleeves and Acupressure Elbow straps. These products can be worn separately or together to enhance relief and speed recovery. The kinesiology tape provides support to muscles, ligaments, and tendons. The Elbow sleeves act as a support for any activity that involves stress on the joints such as golf, baseball, cricket, basketball, and others.

In addition, Elbow Strap consists of an integrated pressure ball that assists in massage and breakdown of scar tissue for quicker rehabilitation from injuries like Golf and Tennis Elbow tendonitis. The strap can be equipped during pre-workout activity and post work out activity. Further, in August 2020 ASICS Oceania Pty Ltd launched 35 NOT OUT FF, a cricket shoe designed for the female foot. The 35 NOT OUT FF features a Flytefoam midsole for reduced weight and flexibility in the shoe, rearfoot Gel technology for additional comfort, and meta tip studs, offering the players the edge they need on the field. Thus, such launches are anticipated to drive the growth of the global sports accessories market during the forecast period.

Competitive Landscape- 

Nike Inc., Adidas AG, and Dick’s Sporting Goods, Inc., among others

By Product Type

• Headgear
• Goggles
• Hiking Jacket
• Water bottles
• Gloves
• Training Accessories
• Bags
• Swimming Accessories
• Boxing Bag
• Others

By Distribution Channel

• Hypermarkets & Supermarkets
• Departmental Stores
• Online Retail
• Sports
• Others

Scope of the Report
The research study analyzes the Global Sports Accessories industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Global Sports Accessories Market Report
1. What was the Global Sports Accessories Market size in 2019 and 2021; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of Global Sports Accessories Market during the forecast period (2022-2028)?
   3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
   4. Which manufacturer/vendor/players in the Global Sports Accessories Market was the market leader in 2021?
   5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

The report covers the following objectives:

• Proliferation and maturation of trade in the Global Sports Accessories market.
• The market share of the Global Sports Accessories market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the Global Sports Accessories market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Global Sports Accessories market.