Cricket

Cricket Equipment Market to grow by USD 3.27 Mn, Consumer shift to healthy lifestyles to boost the growth between 2021 & 2026


The 120 Pages report on the cricket equipment market offers comprehensive analysis by Product (cricket bats, cricket balls, cricket protective gears, and others), Distribution Channel (offline and online), and Geography (Europe, APAC, North America, South America, and Middle East and Africa)

NEW YORK, Oct. 21, 2022 /PRNewswire/ — The cricket equipment market is expected to grow by USD 3.27 million, at a CAGR of 4.03% between 2021 to 2026, according to Technavio’s latest market report.

Technavio has announced its latest market research report titled Global Cricket Equipment Market 2022-2026

Technavio has announced its latest market research report titled Global Cricket Equipment Market 2022-2026

The product offered significant growth opportunities for market players. Based on the geography, the market witnessed maximum growth in Europe and the region is expected to continue its dominance in the market during the forecast period. Factors such as mass media appeal and sponsorships are expected to foster the growth of the cricket equipment market in Europe. Europe will account for 46% of market growth. The two biggest markets in Europe for cricket equipment are the UK and Germany. The market in this region will expand more slowly than markets in other regions. Request Free Sample Report.

Cricket Equipment Market: Major Growth Drivers

The cricket equipment market report the following factors as major growth drivers during the forecast period:

  • Mass media appeal and sponsorships

  • Increase in the number of cricket tournaments

  • Strong governing bodies for sport

The two main reasons propelling the growth of the global cricket equipment market are mass media appeal and sponsorships. Mass media appeal is the primary source of funding for major sports across the globe, and in many ways, cricket and soccer rank at the top of the list for significant media exposure. Cricket depends largely on broadcast earnings, which are its second-largest sponsor, and the financial sector services, which are its biggest sponsor globally.

Cricket players have increased their popularity by endorsing a variety of brands, including soft drinks and personal care items, and grabbing the public’s attention in the process. Many businesses choose cricket and cricketers above other sports because of the game’s format since they can use the breaks for advertising. Buy Sample Report.

Cricket Equipment Market: Major Growth Trend

The global cricket equipment market will rise as consumers adopt healthier lives. More people are choosing to engage in physical activity, including sports like football, cricket, and running, as a result of the increased understanding of the advantages of leading an active lifestyle. As a result, people are increasingly incorporating vigorous sports activities into their daily life.

Urban areas now have more sports clubs and fitness facilities due to the necessity to maintain good health. To emphasize safety, people are also spending more money on protective equipment. Collectively, these elements boost consumer demand for cricket gear and encourage individuals to lead healthier lifestyles, both of which eventually boost consumer demand for cricket equipment. Download Free Sample Report.

Cricket Equipment Market: Vendor Landscape

The market for cricket equipment is extremely fragmented and saturated with suppliers. As rivals concentrate on increasing their presence in historically under-penetrated areas, the market is anticipated to see a significant increase in production capacity throughout the projected period. These competitors are in intense competition with one another, which has resulted in the market release of numerous cutting-edge items.

One of the primary factors influencing the market’s expansion is the intense competition that exists today, which is increased by the quick changes in technology and consumer tastes. Due to their increased exposure and R&D spending, rising companies are the ones that are most likely to join the ranks of large vendors. The cricket equipment market report also offers information on several market vendors, including Beat All Sports, British Cricket Balls Ltd., CA Sports PVT LTD., Callen Cricket, Delux Sports Co., Fearnley Cricket Sales, Gray Nicolls, and woodworm.tv among others.

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Reasons to Buy Cricket Equipment Market Report:

  • CAGR of the market during the forecast period

  • Detailed information on factors that will assist cricket equipment market growth during the next five years

  • Estimation of the cricket equipment market size and its contribution to the parent market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the cricket equipment market across Europe, APAC, North America, South America, and the Middle East and Africa

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Cricket Equipment Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 4.03%

Market growth 2022-2026

$3.27 million

Market structure

Fragmented

YoY growth (%)

2.4

Regional analysis

Europe, APAC, North America, South America, and Middle East and Africa

Performing market contribution

Europe at 46%

Key consumer countries

India, Pakistan, Australia, UK, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Beat All Sports, British Cricket Balls Ltd., CA Sports PVT LTD., Callen Cricket, Delux Sports Co., Fearnley Cricket Sales, Gray Nicolls, Grays of Cambridge Ltd, Groupe Artemis, Kippax Willow Ltd., Kookaburra Sport Pty Ltd, Masuri Group Ltd., MRF Ltd., Sanspareils Greenlands Pvt Ltd., Sareen Sports Industries, Sommers Sports, Spartan Sports, Stanford Cricket Industries, The Goodyear Tire and Rubber Co., and woodworm.tv

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by Product

6 Market Segmentation by Distribution Channel

7 Customer Landscape

8 Geographic Landscape

9 Drivers, Challenges, and Trends

10 Vendor Landscape

11 Vendor Analysis

12 Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Global Cricket Equipment Market 2022-2026

Global Cricket Equipment Market 2022-2026

Cision

Cision

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