Billion Archives

Horse Riding Equipment Market to Reach $3.0 Billion, Globally, by 2032 at a 3.6% CAGR: Allied Market Research

September 11, 2023 Bella

The global horse riding equipment market is experiencing growth due to factors such as an increase in sports and fitness awareness across the world and government initiatives toward sports activities and events.

PORTLAND, Ore., Aug. 24, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Horse Riding Equipment Market by Type (Helmets, Vests, Stirrup, Others), by Gender (Male, Female), by Sales Channel (Hypermarket and supermarket, Independent Sports Outlet, Sports Retail Chain, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032.” According to the report, the global horse riding equipment industry was estimated at $2.1 billion in 2022 and is anticipated to hit $3.0 billion by 2032, registering a CAGR of 3.6% from 2023 to 2032.

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Horse riding equipment plays an important role in the comfort, safety, and performance of both rider and horse during riding, competitions, and recreational activities. Horse riding equipment is designed to support, control, and protect the rider. Horse riding equipment facilitates communication and control between rider and horse.

Drivers, Restraints, and Opportunities:

The global horse riding equipment market is experiencing growth due to factors such as an increase in sports and fitness awareness across the world, and government initiatives toward sports activities and events. On the other hand, the prevalence of low-priced counterfeit products may limit the growth of the market to some extent. Moreover, the trend of online retailing is expected to provide ample growth opportunities throughout the forecast period.

Report Coverage & Details:

Report Coverage	Details
Forecast Period	2023–2032
Base Year	2022
Market Size in 2022	$2.1 Billion
Market Size in 2032	$3.0 Billion
CAGR	3.6 %
No. of Pages in Report	300
Segments Covered	Type, Gender, Sales Channel, and Region
Drivers	Increase in sports and fitness awareness across the world
Drivers	Government initiatives toward

Athletics Products Market Set to Surpass US178.50 Billion by 2033: Crucial Development Motorists and Tendencies | Persistence Current market Exploration

August 11, 2023 Bella

New York, Aug. 07, 2023 (Globe NEWSWIRE) — The sports equipment field is predicted to make US$89.29 Billion in gross sales in 2022. Athletics gear desire will increase, with the prime current market gamers accounting for a sizeable percentage of the athletics equipment sector in 2022. The world athletics machines market place is predicted to access US$ 178.50 Billion by 2033, escalating at a 6.5% CAGR amongst 2023 and 2033.

Sporting activities machines refers to a extensive vary of merchandise made to facilitate and boost efficiency in various sports and health routines. The sports products industry has experienced important growth in recent many years, driven by expanding participation in athletics, the proliferation of fitness lifestyle, and improvements in technology.

The sports activities tools industry is a dynamic and ever-escalating field pushed by the increasing attractiveness of athletics and actual physical routines throughout the world. This investigate report aims to present a detailed analysis of the latest traits, worries, and foreseeable future alternatives in the sports products marketplace. The research encompasses many athletics classes, which includes workforce athletics, unique athletics, and health and fitness-linked things to do. Also, it evaluates the affect of technological improvements, shopper tastes, and the aggressive landscape on the market’s progress.

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Current market Segmentation:

Product style, activity group, distribution channel, and geography are the 4 segments of the sports activities machines market. Important item forms incorporate athletics balls, bats, rackets, clubs, protecting equipment, and many others. Sports types contain workforce sports activities (soccer, basketball, rugby, etcetera.), unique sporting activities (tennis, golf, running, and so on.), and fitness-similar products (treadmills, exercising bikes, etcetera).

Top Vital Gamers are

Amer Sporting activities
Adidas AG.
Callaway Golfing Business.
PUMA SE.
Cabela’s integrated.
GLOBERIDE, Inc.

Sports Apparel Market Size to Exceed USD 248.1 Billion By 2026 | CAGR of 5.1%

July 4, 2023 Bella

Sports-Apparel-Market

the men segment held the highest share, accounting for more than half of the global market share.

PORTLAND, OREGON, UNITED STATES, June 28, 2023/EINPresswire.com/ — According to a new report published by Allied Market Research, titled, “Sports Apparel Market by End User and Distribution Channel: Opportunity Analysis and Industry Forecast, 2018-2026,” the sports apparel market size was valued at $167.7 billion in 2018 and is estimated to reach $248.1 billion by 2026, registering a CAGR of 5.1% from 2019 to 2026.

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In 2018, the men end user segment accounted for more than half of the share in the total sports apparel market and is expected to grow at a CAGR of 4.6% throughout the forecast period. U.S. is one of the prominent regions in the market that accounted for a sizeable share of the total market in 2018. Sports apparel are mainly worn during workout sessions or while playing sports. They are designed to provide comfort and agility while performing physical movements. Sports apparel are made using breathable fabrics that allow sweat to evaporate faster, helping the person wearing it remains fresh for long. Polyester, microfiber, calico, and spandex are some of the most commonly used fabrics in the production of these clothing. Initially, the sports apparel was mostly worn by athletes but, with time, it has become quite common with regular gym-goers and other non-athletes.

The sports apparel market has witnessed significant growth over the years and is expected to grow at a steady pace during the forecasted period. The factors that drive the sports apparel market growth include growth in health awareness and increase in adoption of fitness activities such as aerobics, swimming, running, and yoga among consumers. Moreover, rise in participation of women in sports and

Tricky Experience Sports Devices Current market Report 2023: A $3.9 Billion Industry by 2028

April 4, 2023 Bella

Enterprise Logo

Dublin, April 04, 2023 (World NEWSWIRE) — The “Tricky Adventure Sporting activities Products Current market by Variety (Climbing Tools, Trekking Machines, and Other folks), Application (Dry Land Sporting activities, Water Sporting activities, Air Sports activities), Distribution Channel (Independent Retailers, Expert Merchants, Online Stores, and Other individuals), and Region 2023-2028” report has been additional to ResearchAndMarkets.com’s offering.

The world wide challenging journey sports tools market sizing reached US$ 3.2 Billion in 2022. Wanting ahead, the sector is projected to access US$ 3.9 Billion by 2028, exhibiting a CAGR of 3.35% during 2022-2028.

The escalating participation in sports activities and outdoor functions, effortless product or service availability throughout numerous e-commerce platforms, and growing wellness consciousness among the masses represent some of the key components driving the current market.

Tough journey sports activities equipment refers to specially developed gear employed for out of doors functions, these types of as trekking, climbing, mountaineering, and caving. It involves sleeping baggage, jackets, climbing boots, rope ladders, tents, backpacks, ropes, carabiners, helmets, cams, damp fits, and dive lights. It is extensively employed to offer security and comfort and ease when engaging in a variety of actions.

Hard experience sporting activities tools is created employing metals, ceramics, polymers, and composite supplies. It is comfy and tough as it is subjected to a ton of use and tear and allows quick movement in tight spaces and above tough terrain. It also shields cavers from the hazards inherent in caving, these as slipping rocks or slipping on damp surfaces.

Tough Adventure Athletics Tools Market Traits:

The escalating participation in sports activities and out of doors routines is just one of the crucial things driving the market place progress. Tricky experience sporting activities products is extensively applied to improve security in a variety of scenarios and support athletes in

Sports Equipment and Apparel Market is estimated to surge at a CAGR of 8.3% to reach US$ 930.5 Billion by 2031

February 19, 2023 Bella

Sports Equipment and Apparel

Rise in popularity of sport and fitness activities among the youth propels the overall sports equipment and apparel market growth.

PORTLAND, OREGON, UNITED STATES, February 13, 2023 /EINPresswire.com/ — According to a new report published by Allied Market Research, titled, “Sports Equipment and Apparel Market,” The sports equipment and apparel market was valued at $340.6 billion in 2020, and is estimated to reach $930.5 billion by 2031, growing at a CAGR of 8.3% from 2022 to 2031.

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Sports equipment are utility devices or tools useful for engaging in sports activity. Similarly, sports apparel is useful for boosting the sports performance with required comfort. Increase in fitness consciousness among consumers and rapid rise in per capita disposable income are expected to boost demand for sports equipment and apparels. In addition, trend of sports apparel among young sports enthusiasts and advancements in formulation of sports equipment fuel the market growth. However, decline in participation of the young generation in sports activity hampers the market growth.

Moreover, increase in interest of consumers in leisure activities other than sports such as movies, musical concerts, virtual gaming, and others restrains the growth of the market. Conversely, increase in participation of various organizations in donation of these equipment and apparel to emerging sport enthusiasts and athletes with poor financial background is anticipated to provide lucrative sports equipment and apparel market opportunities. For instance, Sports Gift, Let’s Play It Forward, Global Sports Foundation, and One World Play Project are some of the well-known organizations that support the sports equipment donation process. Thus, rise in distribution of sports equipment and apparel through online retail platform is anticipated to boost the sports equipment and apparel market growth in near future.

The market for

In-the-water sports equipment market size is expected to grow by USD 5.78 billion from 2021 to 2026: A descriptive analysis of five forces model, market dynamics, and segmentation

February 16, 2023 Bella

NEW YORK, Feb. 9, 2023 /PRNewswire/ — According to Technavio, the global in-the-water sports equipment market size is estimated to grow by USD 5.78 billion from 2021 to 2026. The market is estimated to grow at a CAGR of 3.91% during the forecast period. Moreover, the growth momentum will accelerate. North America will account for 45% of the market’s growth during the forecast period. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. For more insights on market size, request a sample report

Technavio has announced its latest market research report titled Global In-the-Water Sports Equipment Market

In-the-water sports equipment market – Five forces
The global in-the-water sports equipment market is fragmented, and the five forces analysis covers–

Bargaining power of buyers
The threat of new entrants
Threat of rivalry
Bargaining power of suppliers
Threat of substitutes
For an interpretation of Porter’s five forces model – Buy the report!

In-the-water sports equipment market – Customer landscape

The report includes the market’s adoption lifecycle, from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

In-the-water sports equipment market – Segmentation assessment

Segment overview
Technavio has segmented the market based on product (sports gear and sports apparel), type (swimming, water aerobics, and water polo), and distribution channel (offline and online).

The sports gear segment will account for a significant share of the market’s growth during the forecast period. The growth of this segment is attributed to factors such as the rising popularity of different types of water sporting activities and the reopening