The Cricket Equipment Market is Predict to reach USD 1.1 Billion by 2031, at a CAGR of 6.6%

Cricket Equipment Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Cricket Equipment Market size is expected to reach $1.1 billion by 2031, rising at a market growth of 6.6% CAGR during the forecast period.

The Women segment exhibits a CAGR of 7.7% during (2024 - 2031). Driven by the popularity of events like the ICC Women’s T20 World Cup and national tournaments, the visibility of women’s cricket has surged, inspiring more women and young girls to take up the sport. This has created a demand for equipment tailored specifically to female players, from lighter bats to protective gear designed for comfort and safety. Additionally, media coverage and endorsements highlight women’s achievements in cricket, encouraging brands to invest in products and marketing targeted at this audience, fostering steady growth in the segment.

The Sports Retail Stores segment is leading the Global Cricket Equipment Market by Distribution Channel in 2023; thereby, achieving a market value of $456 million by 2031. The sports retail stores segment is growing due to its capacity to offer a wide selection of cricket equipment, allowing consumers to examine products in person. This physical presence allows players to assess the feel, weight, and quality of items like bats and protective gear, leading to higher customer satisfaction and trust.

The Protective Gears market is expected to witness a CAGR of 7% during (2024 - 2031). As awareness about sports injuries increases, players and teams invest more in protective equipment, such as helmets, gloves, pads, and abdominal guards, to minimize risk during play. With the advancement in material technology, manufacturers offer lighter, more comfortable gear without compromising safety, appealing to amateur and professional players. The rising demand for protection in high-speed formats, like T20 cricket, and stringent safety regulations in leagues and tournaments further propel this segment’s growth.

Full Report: https://www.kbvresearch.com/cricket-equipment-market/

The Asia Pacific region dominated the Global Cricket Equipment Market by Region in 2023; thereby, achieving a market value of $619.9 million by 2031. The Europe region is expected to witness a CAGR of 5.9% during (2024 - 2031). Additionally, The North America region would experience a CAGR of 6.2% during (2024 - 2031).

List of Key Companies Profiled

• PUMA SE (Groupe Artémis S.A.)
• Adidas AG
• Reebok International Ltd. (Authentic Brands Group LLC)
• Sareen Sports Industries
• Gray-Nicolls
• Sanspareils Greenlands Pvt. Ltd.
• Kookaburra Sport Pty Ltd
• Beat All Sports
• Gunn & Moore (GM)
• British Cricket Balls Ltd

Cricket Equipment Market Report Segmentation

By End User

• Men
• Women

By Distribution Channel

• Sports Retail Stores
• Hypermarkets/Supermarkets
• Branded Outlets
• Online Stores
• Other Distribution Channels

By Type

• Bats
• Balls
• Protective Gears
• Other Types

By Geography

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Netherlands
  • Ireland
  • Italy
  • Rest of Europe
• Asia Pacific
  • Australia
  • New Zealand
  • India
  • Sri Lanka
  • Indonesia
  • Thailand
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Zimbabwe
  • Rest of LAMEA

Related Reports:

North America Cricket Equipment Market Size & Growth | 2031

• November-2024
• 81 Pages

LAMEA Cricket Equipment Market Size & Share Forecast | 2031

• November-2024
• 93 Pages

Europe Cricket Equipment Market Size & Analysis Report 2031

• November-2024
• 93 Pages

Asia Pacific Cricket Equipment Market Size & Reports | 2031

• November-2024
• 94 Pages