Leading Sports Protective Equipment Country Markets 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. North America is expected to be the highest contributor to this market, with $3,672.1 Million in 2020, and is anticipated to reach $11,098.2 Million by 2029, registering a CAGR of 13.12%. Asia-Pacific is anticipated to reach $6,932.0 Million by 2029 with the highest CAGR of 15.07%. North America and Europe collectively expected to account for about 70.7% share of the Sports Protective Equipment market in 2020, with the former constituting around 39.4% share. Asia-Pacific and North America are expected to witness significant growth rates at a CAGR of 15.07% and 13.12% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 60.5% in the overall Sports Protective Equipment market in 2020, and is anticipated to reach 62.0% by 2029.
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