Global Sports Protective Equipment Market Databank
The Sports Protective Equipment market was valued at $9,320.0 Million in 2020, and is projected to reach $29,068.6 Million by 2029 growing at a CAGR of 13.52% from 2021 to 2029. Head & Headgear segment is expected to be the highest contributor to this market, with $2,998.8 Million in 2020, and is anticipated to reach $9,355.2 Million by 2029, registering a CAGR of 13.52%. Leg Protection segment is anticipated to reach $2,168.6 Million by 2029 with the highest CAGR of 13.71%. Head & Headgear and Eyewear segments collectively expected to account for about 58.2% share of the Sports Protective Equipment market in 2020, with the former constituting around 32.2% share. Leg Protection and Eyewear segments are expected to witness significant growth rates at a CAGR of 13.71% and 13.55% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 33.4% in the overall Sports Protective Equipment market in 2020, and is anticipated to reach 33.6% by 2029.
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