Pole Vault Equipment Market By Product Type (Pole Vault Mat, Vault Box, Cross Bars, Height Gauge, Pole Vault Uprights, Accessories, Others), By Buyer Type (Individual, Promotional, Institutional), By Sales Channel (Sports Variety Stores, Direct to Customer Channel, Third Party Online Channel, Other Channels): Global Opportunity Analysis and Industry Forecast, 2022-2031
The global pole vault equipment market is envisioned to garner $1,50,766.1 thousand by 2031, growing from $1,11,961.0 thousand in 2021 at a CAGR of 3.2% from 2022 to 2031.
The emphasis in society on physical fitness and health has raised interest in unique and demanding physical activities such as pole vaulting. Additionally, manufacturers and distributors may more easily access prospective customers globally because of the growth of e-commerce and direct-to-consumer sales channels, which has expanded the market for pole vault equipment. Manufacturers now have a chance to stand above the competition by introducing new and enhanced products and offer specialized training resources and facilities for pole vaulting.
The pole vault equipment industry is highly impacted by activity-related injuries as well as decreasing involvement of people in pole vaulting. It is recognized as the third most difficult sport in the world, with the risk of injury increasing with height of the vault. Furthermore, in certain cases, injuries occur as a result of pole cracking, resulting in significant bodily harm. During the evaluation period, the physically demanding and highly difficult character of pole vault sport is projected to hinder the growth of the pole vault equipment market.
The market players are capitalizing on the constantly expanding demand for pole vault equipment in a variety of applications such as professional sports and collegiate sports. Players are expanding their reach through collaborations, partnerships, and acquisitions with current small, medium, and large-scale providers. For instance, in June 2022, The Eastbay Team Sales business of Foot Locker Retail, Inc. was acquired by BSN SPORTS, a division of Varsity Brands and one of the largest direct marketers and distributors of sporting goods, footwear, apparel, and branding to the school and league markets.
The worldwide outbreak of COVID-19 had a significant impact on the pole vault equipment market. Many athletes were unable to obtain the equipment they required for training and competition due to widespread closures of sports venues, including schools and gyms. This reduced the demand for pole vault equipment, especially in the early phases of a pandemic. The outbreak also caused delays in the production and distribution of pole vault equipment by disrupting the global supply chain. The decreasing demand led to a challenging economic environment for the sector, especially for smaller businesses and manufacturers.
The key players profiled in this report include Gill Athletics, BSN Sports LLC, aluminum athletic equipment co., Nordic Sport AB, United Canvas & Sling Incorporated, Altius Poles, Dimasport SA, Blazer Athletic Equipment, A.R.H Sports Equipment Ltd, and ESSX.
Key Benefits For StakeholdersThis report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the pole vault equipment market analysis from 2021 to 2031 to identify the prevailing pole vault equipment market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the pole vault equipment market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global pole vault equipment market trends, key players, market segments, application areas, and market growth strategies.
Key Market SegmentsBy Buyer TypeIndividual
Promotional
Institutional
By Sales ChannelSports Variety Stores
Direct to Customer Channel
Third Party Online Channel
Other Channels
By Product TypeAccessories
Others
Pole Vault Mat
Vault Box
Cross Bars
Height Gauge
Pole Vault Uprights
By RegionNorth America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
UAE
South Africa
Rest of LAMEA
Key Market Players
Altius Poles
aluminum athletic equipment co.
A.R.H Sports Equipment Ltd
Blazer Athletic Equipment
BSN Sports LLC
Dimasport SA
ESSX
Gill Athletics
Nordic Sport AB
United Canvas & Sling Incorporated
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