Ski Equipment And Gear Global Market Report 2023 – By Product (Clothing, Headgear, Ski And Poles, Footwear, Other Products), By Application (Male, Female, Kids), By Distribution Channel (Supermarkets And Hypermarkets, Convenience Stores, Online) – Market Size, Trends, And Global Forecast 2023-2032

Sports protective gear refers to protective equipment used by athletes and sportspersons to protect their fingers, knees, waists, ankles, and wrists. Sports protective gear increases joint stability, safeguards joints and muscles during physical activity, and stops secondary injuries. The main types of sports protective gear combine sports gear and a single sports protector. Combine sports gear refers to protective sports equipment that can be used in combined form for multiple purposes, for instance, helmets and palm protectors. The sports protective gear is meant to protect the head and face, trunk and thorax, upper extremity, and lower extremity. They are sold and distributed through exclusive stores, multi-retail stores, and e-commerce portals that are suitable for professionals and hobbyists. The global sports protective gear market is segmented - 1) By Type: Combine Sports Gear, Single Sports Protector 2) By Area Of Protection: Head and Face, Trunk and Thorax, Upper Extremity, Lower Extremity 3) By Distribution Channel: Exclusive Stores, Multi-retail Stores, E-commerce Portals 4) By Application: Professionals, Hobbyists The global sports protective gear market size is expected to grow from $3.72 billion in 2022 to $4.02 billion in 2023, at a compound annual growth rate (CAGR) of 8.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the sports protective gear market is expected to grow to $5.35 billion in 2027 at a CAGR of 7.4%. The increasing number of people participating in sports and recreational activities is expected to propel the growth of the sports protective gear market. The COVID-19 pandemic is one of the major reasons for the increased participation in sports and recreational activities. Due to the pandemic, people had ample free time to play sports or engage in recreational activities. Sports protective gears aids people in playing safely without any injury. For instance, according to a study conducted in October 2021 by the U.S. Bureau of Labor Statistics (BLS), a US-based federal agency that collects and disseminates various data about the U.S. economy and labor market, people aged 15 and older engaged in leisure and sporting activities for 32 minutes longer per day in 2020, during the COVID-19 pandemic, than in 2019. Therefore, the increasing number of people participating in sports and recreational activities is anticipated to fuel the sports protective gear market growth. Major players in the sports protective gear market are Adidas AG, Amer Sports Oyj, ASICS Corporation, Bauer Hockey LLC, BRG Sports, Dunlop Sport, Franklin Sports, Mizuno Corporation, Nike Inc., Puma SE, Under Armour Inc., Vista Outdoor Inc., Xenith LLC, McDavid USA, Yonex Company Limited, ZAMST, Kawasaki, and Mueller. Technological innovations are gaining popularity as a major trend in the sports protective gear market worldwide. Major market players are concentrating on implementing artificial intelligence in protective gear to aid sports professionals and athletes in several aspects of enhancing the spectator experience and helping to shape the look and feel of the sports enthusiasts. Such advancements enable key players to gain a competitive edge in the market. For instance, in August 2021, Venture Catalysts, an India-based company focusing on the commercialization of technologies through entrepreneurship, invested in Altor, another India-based startup that builds IoT and AI-enabled smart helmets. The smart helmet has a number of features that guarantee comfort while riding and road safety. When an accident occurs, the startup's patent-pending technology instantly recognizes it, notifies the rider's emergency contacts, and tracks the accident's position. Such investments are leading to the production of innovative sports protective gear products. In December 2020, Innovatus Capital Partners, an investment management and portfolio management company, formed Certor Sports, LLC, a US-based sports goods manufacturer, to acquire all the assets of Kranos Corporation for an undisclosed amount. Through this acquisition, Certor Sports will leverage the strength of Kranos Corporation’s assets, IP, and brands, including Schutt, ProGear shoulder pads, Tucci bats, Hollywood bases, and Adams USA. Kranos Corporation is a US-based company that manufactures protective gear for several sports. Asia-Pacific was the largest region in the sports protective gear market in 2022. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the sports protective gear market share report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the sports protective gear market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The sports protective gear market consists of sales of shoulder guards, elbow guards, shin guards, knee pads, wrist guards, and a spinal vest. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The sports protective gear market research report is one of a series of new reports from The Business Research Company that provides sports protective gear market statistics, including sports protective gear industry global market size, regional shares, competitors with a sports protective gear market share, detailed sports protective gear market segments, market trends and opportunities, and any further data you may need to thrive in the sports protective gear industry. This sports protective gear market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A sports gun refers to a weapon meant for use as a rifle in hunting and sports events. The major types of sports guns are pistols, revolvers, rifles, machine guns, shotguns, carbines, and other types. A pistol refers to a small cannon that is held in one hand and fired from there and such type of sports gun or handgun is used in sports to start the game. Sports guns are distributed through various channels, such as gun stores, sports goods stores, online, and other distributions. Various materials involved in manufacturing are steel, aluminum, polymer, and other materials. By caliber type, it is segmented into 0.38 caliber, 0.38 special, 12 gauge, and 9 mm. Sports guns are used in various applications such as training and demonstration, and recreational sports. The global sports gun market is segmented - 1) By Type: Pistols, Revolvers, Rifles, Machine Guns, Shotguns, Carbines, Other Types 2) By Distribution: Gun Stores, Sport Goods Stores, Online, Other Distributions 3) By Materials: Steel, Aluminium, Polymer, Other Materials 4) By Caliber Type: 0.38 Caliber, 0.38 Special, 12 Gauge, 9 mm 5) By Application: Training And Demonstration, Recreational Sports The global sports gun market size is expected to grow from $2.21 billion in 2022 to $2.39 billion in 2023 at a compound annual growth rate (CAGR) of 8.32%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The sports gun market is expected to reach $2.94 billion in 2027 at a CAGR of 5.27%. Increasing participation in shooting sports across the globe is expected to propel the growth of the sports gun market. Shooting sports refer to a sport in which shooting showcases the shooter's precision, control, and speed when aiming at targets with weapons like pistols and rifles. The increasing interest in shooting sports would raise the demand for the sports guns that are used in the game. For instance, in September 2022, as per the article published by the Council To Advance Hunting And The Shooting Sport, 20 million Americans, or 6.7% of the population of the United States aged 6 and over, engaged in target shooting with weapons in 2020, whereas more than 30 million Americans aged 6 and over participated in hunting or target shooting at least once in 2021. Therefore, increasing participation in shooting sports across the globe is driving the growth of the sports gun market. Major players in the sports gun market are German Sports Guns GmbH, American Outdoor Brands Corporation, JG Anschutz GmbH and Co KG, Crosman Corporation, Sturm Ruger and Company Inc., Browning Arms Company, Beretta Holding SA, Howa Machinery Ltd., Colt's Manufacturing Company LLC, Carl Walther GmbH Sportwaffen, Olympic Arms Inc., Herstal SA Ltd., Remington Arms Company LLC, Creedmoor Sports Inc and Daisy Outdoor Products. Technological advancements are the key trends gaining popularity in the sports gun market. Major companies operating in the sports gun market are focused on using advanced technologies to sustain their position in the market. For example, in January 2022, Beretta, an Italy-based firearms manufacturing company, launched the A400 Xcel Sporting with Beretta’s Steelium barrel technology. With a cross-tube gas piston, Beretta's ultrafast BLINK gas operating technology on the A400 Xcel enables 36% faster cycling than its rivals. Ergonomic checkering on the forend guarantees a more secure hold and instinctive pointing, and its revised firing cap permits the insertion of aftermarket weights for improved gun balance. The A400 Xcel Sporting features a larger grip and Beretta's Kick-Off recoil reduction system, which improves stability, comfort, and control for quicker target acquisition. In February 2021, Beretta Holding, an Italy-based industrial group manufacturing products for sporting and hunting activities, acquired Holland & Holland Ltd. for an undisclosed amount. This deal expanded Beretta's presence in the United Kingdom and further enhanced the group's international presence. Holland & Holland is a UK-based manufacturer of sporting guns, providing their customers with shotguns and rifles around the world. North America was the largest region in the sports gun market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the sports gun market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The sports gun market consists of sales of stun guns, teaser guns, blasters, peashooters, and more. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The sports gun market research report is one of a series of new reports from The Business Research Company that provides sports gun market statistics, including sports gun industry global market size, regional shares, competitors with a sports gun market share, detailed sports gun market segments, market trends and opportunities, and any further data you may need to thrive in the sports gun industry. This sports gun market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Sports technology refers to technologies created by humans to further human interests or goals in or related to a specific sport. Sports technology connects the playing, or use, features of athletic equipment to the guiding principles of product design by combining the best aspects of engineering science, measurement, and analysis, as well as sports science. It supports this by offering up-to-date knowledge of production procedures and materials, enabling enhancements to the functionality and performance of sporting goods. The major sports types in sports technology are baseball, basketball, cricket, ice hockey, tennis, soccer, and rugby. Baseball refers to a game that includes a bat, a ball, and gloves and is played between two teams of nine players each on a field with four white bases set up in a diamond pitch. Various technologies involved are devices, smart stadiums, e-sports, and sports analytics, that some end users may be interested in sports associations, which include clubs, leagues, athletes, and coaches. The global sports technology market is segmented - 1) By Sports Type: Baseball, Basketball, Cricket, Ice Hockey, Tennis, Soccer, Rugby 2) By Technology: Device, Smart Stadium, Esports, Sports Analytics 3) By End-User: Sports Associations, Clubs, Leagues, Athletes, Coaches The global sports technology market size is expected to grow from $15.14 billion in 2022 to $17.88 billion in 2023 at a compound annual growth rate (CAGR) of 18.12%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global sports technology market size is expected to reach $33.01 billion in 2027 at a CAGR of 16.56% Growing penetration of eSports is significantly contributing to the growth of the sports technology market going forward. Esports refers to video gaming competitions held on an organized platform for spectators to see, mimicking the experience of a professional sporting event. Sports technology is used in Esports for broadcasting video game competitions digitally to more number of people by increasing internet speed and connectivity and for achieving better graphics for good spectator experience. For instance, in May 2021, Free Fire World Series (FFWS) Singapore, an eSports event, reached 5.41 million peak viewers, which is a 168% increase compared to FFWS 2019 Rio, which reached 3.9 million peak viewers. Therefore, the growing penetration of eSports will drive the sports technology market. Major players in the sports technology market are Apple Inc., ChyronHego Corporation, Cisco Systems Inc., HCL Technologies Limited, IBM Corporation, Infosys Limited, Modern Times Group MTG, Oracle, Panasonic Corporation, SAP SE, Sony Corporation, Stats LLC, Telefonaktiebolaget LM Ericsson, Agile Sports Technologies Inc., Athlete Intelligence, Catapult Group International Ltd., Chetu Inc., Cisco Systems Inc., Epicor Software Corporation, Firstbeat Technologies Oy, International Business Machines Corporation, and Jonas Club Software. Technological advancement is the key trend gaining popularity in the sports technology market. Major companies operating in the sports technology market are focusing on developing new technologies to improve the gameplay, fan engagement and player performance. For instance, in June 2021, HCL Technologies Limited an India-based technology company in collaboration with cricket Australia developed a digital innovation platform that supports data-driven approaches to increase the involvement of cricket players, fans, and partners. Utilizing Azure as a platform sandbox, HCL and CA will work with Microsoft to help participants. This initiative aims to use technology to foster cricket fan unity and enthusiasm. The new platform was designed to make a significant contribution to the sport of cricket and allow Cricket Australia to enhance the on- and off-field performance of the Australian National Team. The HCL - CA TechJam is accessible to all sports fans, data scientists, analysts, developers, statisticians, tech enthusiasts, freelancers, university students, coders, and technology pioneers from the world developer community. Develop prototypes utilising technology to serve the community and turn cricket into a professional multi-touchpoint sport for all Australians with more than 700,000 registered participants. In September 2021, WHOOP, a US-based wearable technology company, acquired PUSH for an undisclosed amount. The acquisition gives WHOOP access for wearable sports technology which increases its portfolio of offerings to include athlete performance analysis. Push is a US-based sports technology company that helps athletes gauge their performance through wearable technology. North America was the largest region in the sports technology market in 2022. The regions covered in the global sports technology report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the sports technology market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The sports technology market includes revenues earned by providing technological features for sports and sports persons such as wearable fitness trackers, performance analysis software, virtual reality training systems. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The sports technology market research report is one of a series of new reports from The Business Research Company that provides sports technology market statistics, including sports technology industry global market size, regional shares, competitors with a sports technology market share, detailed sports technology market segments, market trends and opportunities, and any further data you may need to thrive in the sports technology industry. This sports technology market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The smart sports equipment refers to equipment’s that are digitally instrumented with sensors, providing real-time analytical details on the user’s behaviour and performance. It is used to analyse player’s performance on the field. Smart sports equipment goes beyond simple metric tracking, such as calories burnt or steps done, to provide with more precise information about form and performance. The main types of products in the smart sports equipment market are smart balls, smart golf sticks, smart hockey sticks, smart rackets and bats, and other products. Smart balls are a type of intelligent balls with an implanted electronic chip. They are created by integrating smart technology like IoT, and data analytics into sports equipment. Smart sports equipment has connectivity features such as smartphone synchronization, wireless synching, and real-time data syncing. These products are distributed through franchise stores, specialty stores, and other stores. Smart sports equipment is used by end-users such as men and women. The global smarts sports equipment market is segmented – 1) By Product Type: Smart Balls, Smart Golf Sticks, Smart Hockey Sticks, Smart Racket And Bats, Others Products 2) By Connectivity Features: Smartphone Synchronization, Wireless Synching, Real Time Data Syncing 3) By Distribution Channel: Franchise Stores, Specialty Stores, Others Stores 4) By End User: Men, Women The global smart sports equipment market size grew from $3.7 billion in 2022 to $3.98 billion in 2023 at a compound annual growth rate (CAGR) of 7.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The market size of smart sports equipment market size is expected to grow to $5.38 billion in 2027 at a CAGR of 7.9%. The increase in demand for data-driven analysis of sporting activities is expected to propel the growth of the smart sports equipment market. In sports, data-driven analytics are used in modern coaching as sensors are integrated into the sports equipment to develop winning strategies and analyze the performance of the player on the field or in a team as a whole. Coaches of professional teams can use data science to construct hyper-personalized athlete matches and other plans for every game they play and also can identify and analyze the mistakes made by the players by observing the data collected by their sports equipment. With these new modern sports accessories, players can overcome their challenges with every training session or every game by studying the data and being effective. According to Forbes, an American business magazine, sports analytics is predicted to generate over $4 billion in revenue by 2022, since it aids several sports organizations and players in a variety of ways. Therefore, increasing demand for data-driven analysis of sporting activities drives the growth of smart sports equipment market. Major players in the smart sports equipment market are NIKE Inc., Golfsmith International Holdings Inc., PUMA SE, Adidas AG, Wilson Sporting Goods, BABOLAT VS S.A., HockeyShot Inc., Riddell, Zepp Labs Inc., Gridiron Technologies, MIZUNO Corporation, Amer Sports, Under Armour Inc., InfoMotion Sports Technologies, DribbleUp Inc., BRG Sports, EGYM Inc., Kinexon GmbH, Spektacom Technologies Pvt Ltd., STATSports Group Ltd., Callaway Golf Company, QUATTRIUUM INC., and Game Golf. As the smart sports equipment market expands, new developing trends are emerging in the sector to keep up with the technological advancements surrounding the market. One such new development is Smart Sensors (Gen3+) developed by a US-based firm, Arccos Golf, in April 2022. Arccos Smart Sensors (Gen3+) provide automatic shot tracking powered by artificial intelligence and machine learning that tightly integrates hardware and software to pinpoint a player's shots more accurately. Over the past three years, Arccos Data Scientists and Engineers have analyzed more than 500 million shots hit in 194 countries using Arccos sensors. When combined with the award-winning Arccos Caddie app, this provides users with Strokes Gained insights for each aspect of their game and each club in their bag. In August 2021, Authentic Brands Group (ABG), an American brand management company, acquired Reebok from Adidas for up to $2.5 billion. The deal enables ABG to bring an iconic sports brand like Reebok under its ever-growing sports products portfolio, which helps in enhancing its athletics equipment and merchandise division. Reebok's headquarters will remain in Boston, and the company's operations in North and Latin America, Asia-Pacific, Europe, and Russia will continue. Reebok is a US-based manufacturer of sporting goods that also manufactures smart sports equipment such as smartwatches. North America was the largest region in the smart sports equipment market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the smart sports equipment market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the smarts sports equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The smart sports equipment market consists of sales of smart basketball, smart footballs, and smart helmet. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The smart sports equipment market research report is one of a series of new reports from The Business Research Company that provides smart sports market statistics, including smart sports equipment industry, global smart sports equipment market size, regional shares, competitors with a smart sports equipment market share, detailed smart sports equipment market segments, market trends and opportunities, and any further data you may need to thrive in the smart sports equipment industry. This smart sports equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Sports composites are fibers that are used to improve the strength of sports equipment, decrease its weight, and reduce its cost. Composites reduce the weight of the helmet that protects motorcyclists. They are used to upgrade sports equipment and protect athletes from injury. The main types of fibers in sports composites are carbon, glass, and others. Carbon sports composites are widely used in the production of sports equipment such as sports sticks and rackets, owing to their advanced qualities such as being a lightweight, high strength-to-weight ratio, increased resistance, and stiffness. This is also called graphite fiber. The various resin types include epoxy, polyamide, polyurethane, and polypropylene, which are used in numerous applications such as golf sticks, rackets, bicycles, hockey sticks, skis and snowboards. The global sports composites market is segmented - 1) By Fiber: Carbon, Glass, Other Fibers 2) By Rasin Type: Epoxy, Polyamide, Polyurethane, Polypropylene 3) By Application: Golf Sticks, Rackets, Bicycles, Hockey Sticks, Skis and Snowboards The global sports composites market size will grow from $3.27 billion in 2022 to $3.52 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global sports composites is expected to grow to $4.51 billion in 2027 at a CAGR of 6.4%. The rising sports industry is expected to propel the growth of the sports composites market going forward. The sports industry refers to an industry in which people, activities, and organizations are involved in producing, facilitating, promoting, or organizing any activities that are focused on sports. Sports composites are used to make lightweight sports equipment. For instance, in 2021, according to GroupM ESP, an India-based media investment management company, in 2021, the Indian sports business invested $1.22 billion, representing a 62% increase over the previous year. In addition, media spending on cricket climbed by 8.1% in 2021 to $728.6 million, up from $673.8 million in 2019. Therefore, the rising sports industry is driving the growth of the sports composites market. Major players in the sports composites market are Ficher Sports, Topkey Corporation, Toray Industries, Teijin Ltd., Hexion Inc., SGL Carbon SE, Fujikura Composites, Callway Golf, True Temper, Prokennex, Newell Brands, Sree Industrial Composite Products, EPP Composites, and Bucci Composites. Technological advancements have emerged as a key trend gaining popularity in the sports composite market. Major companies operating in the sports composites sector are focused on introducing new technological products to sustain their position. For instance, in 2020, Aldila, a US-based company that manufactures sports equipment, launched ALDILA ASCENT, an ultra-light golf shaft series. This model delivers an easy, high launch angle and also helps in controlling spin and face deflection for a higher ball flight with long descent roll out. It also has FlyDrive Technology, which is a full-length Visco-Elastic Isolation Layer (VEIL) that boosts the shaft's resistance to ovaling while improving overall strength and feel. In April 2022, Kordsa, a Turkey-based company providing reinforcement technologies for automobiles, airplanes, motorcycles, and agricultural and industrial tires, acquired the majority of the share of Microtex Composites for a deal amount of € 24.6 million euros ($25.2 million). With this acquisition, Kordsa aims to diversify its product offering and expand its client base, and its service offering in the automotive and motorsport industries. Microtex Composites is an Italy-based company that specializes in the production of a composite including carbon fiber for automotive, motorsport, marine, and transport. North America was the largest region in the sports composites market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sports composites market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the sports composites market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The sports composites market consists of sales of polymer matrix composites (PMCs), metal matrix composites (MMCs), ceramic matrix composites (CMCs), and carbon matrix composites (CAMCs). Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The sports composites market research report is one of a series of new reports from The Business Research Company that provides sports composites market statistics, including global market size, regional shares, competitors with a sports composites market share, detailed sports composites market segments, market trends and opportunities, and any further data you may need to thrive in the sports composites industry. This sports composites market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Athletic footwear refers to a variety of types of shoes that are designed to take into account the particular movements involved in various sports and are used while participating in sports, exercise, or leisure activities. Athletic footwear provides sports-specific levels of cushioning, stability, traction, flexibility, and durability. The main types of athletic footwear include running shoes, sports shoes, trekking/hiking shoes, and others. Running shoes refer to shoes designed for running and jogging activities. Running shoes are made for forwarding movement and safeguard both the front and back of your foot. They may aid in the prevention of shin splints, stress fractures, tendonitis, and other issues. They are used by men, women and kids, and they are distributed through supermarkets/hypermarkets, speciality stores, brand outlets, and online channels. The global athletic footwear market is segmented - 1) By Product Type: Running Shoes, Sports Shoes, Trekking/Hiking Shoes, Other Product Types 2) By End User: Men, Women, Kids 3) By Distribution Channel: Hypermarkets/Supermarkets, Specialty Stores, Brand Outlets, Online Channels The global athletic footwear market size grew from $77.5 billion in 2022 to $81.85 billion in 2023 at a compound annual growth rate (CAGR) of 5.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The athletic footwear market size is expected to grow to $102.06 billion in 2027 at a CAGR of 5.7%. The rising number of sports tournaments is expected to propel the growth of the athletic footwear market. Sports tournaments refer to competitions, in which large sections of players compete against each other in a specific format to determine the overall winner. Individuals are increasingly participating in local or regional tournaments, to display their skills and represent themselves on the global stage for their country. Sports professionals and enthusiasts enrolled in various sports tournaments are mandated to wear athletic footwear to conduct a safe and competitive tournament. For instance, In February 2020, the International Cricket Council (ICC), the governing body of cricket, figured that T20 international cricket had witnessed a 14% growth in global participation. There was a 110% increase in associate member women's T20 matches. Therefore, the rising number of sports tournaments will drive the growth of the athletic footwear market during the forecast period. Major players in the athletic footwear market are Adidas AG, ASICS Corporation, Fila, Under Armour, Lotto Sport, New Balance, Vans, Nike, Puma, Skechers, K-Swiss, Wolverine World Wide, BATA, Columbia Sportswear, and The Aldo Group. The use of recycled material in shoe manufacturing is a key trend gaining popularity in the athletic footwear market. The companies operating in athletic footwear are focusing on utilizing recycled materials in shoes to reduce the carbon footprint, and meet their organization’s specific sustainable goals. For instance, In April 2022, Decathlon S.A., a French sporting goods company launched Traxium Compressor, a football shoe completely manufactured from recycled thermoplastic derived from end-of-life sporting goods such as plastic balls, shoes, and others. Additionally, in June 2021, Adidas, a manufacturer of apparel, shoes, clothing, and accessories, launched the Solarthon golf shoes, whose upper parts are made from 50% recycled parley ocean plastic. In March 2022, Authentic Brands Group (ABG), an American brand management company, acquired Reebok from Adidas AG for $2.5 billion. Post-acquisition, ABG is focused on establishing Reebok Design Group (RDG) in partnership with SPARC Group, for design, development, and innovation for footwear and apparel. Adidas AG is a Germany-based manufacturer of shoes, clothing, and accessories. North America was the largest region in the athletic footwear market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the athletic footwear market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the athletic footwear market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The athletic footwear market consists of sales of walking shoes, court sport shoes, minimalist shoes, hockey shoes, and climbing shoes. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The athletic footwear market research report is one of a series of new reports from The Business Research Company that provides athletic footwear market statistics, including athletic footwear industry global market size, regional shares, competitors with an athletic footwear market share, detailed athletic footwear market segments, market trends and opportunities, and any further data you may need to thrive in the athletic footwear industry. This athletic footwear market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Swimwear refers to garments and accessories worn by those who participate in water-based activities or sports like swimming, beach volleyball, surfing, jet skiing, and leisure activities such as sunbathing and others. Swimwear is worn not only while swimming but also for pool parties and other outdoor places such as resorts, beaches, and others. The main type of swimwear includes women’s swim wear, men’s swimwear, and googles and swim caps. The women’s swimwear refers to garments and accessories worn by women during water-based activities. The fabrics used in the manufacturing of swimwear includes nylon, polyester, spandex, and others, and they are worn by men, women and kids. These products are distributed through online and offline channels. The global swimwear market is segmented – 1) By Type: Women's Swimwear, Men's Swimwear, Goggles and Swim Caps 2) By Fabric Type: Nylon, Polyester, Spandex, Other Fabric Types 3) By End-User: Men, Women, Kids 4) By Distribution Channel: Online Stores, Offline Stores The global swimwear market size will grow from $21.18 billion in 2022 to $22.6 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of swimwear is expected to grow to $28.84 billion in 2027 at a CAGR of 6.3%. Growing consumer inclination towards water activities is expected to propel the growth of the swimwear market. The rising popularity of sports activities, particularly for health reasons and the growing number of international water sporting events, are pushing consumers to participate in water sports and recreational activities. According to a study published in “Trends in Outdoor Swimming Report”, the participation in outdoor swimming across the UK increased by 1.5 and 3 times between 2019 and 2020. Overall, there has been an upsurge in outdoor swimming owing to health and recreational benefits, and equally contributing to the growth of the swimwear market. Major players in the swimwear market market are American Apparel, Inc., Arena Italia S.p.A, Diana Sport, Eveden Group, Jantzen, Inc., La Perla Group, Haddow Group PLC., Nike Inc., Swimwear Anywhere, Inc., Adidas AG, Dick's Sporting Goods, Gap Inc., Phillips-Van Heusen Corporation (PVH Corp), NOZONE Clothing Limited, O'Neill, Inc., PARAH S.p.A., Pentland Group plc., Speedo International Ltd., TYR Sport, Seafolly, Seaspray Swimwear, Tefron, LVMH Moet Hennessy Louis Vuitton, Chantelle Group, SUNSETS Inc., DOLFIN SWIMWEAR, and Jockey International Inc., Puma SE. Developing fabrics that improve their elasticity and efficacy is a key trend in the swimwear market. Elasticity is crucial in swimwear as it shapes the body and keeps the garment firmly against your body. The elastic in swimwear withstands chlorinated water, salt water, and the sun. The companies operating in the swimwear market are developing innovative fabrics to meet customer-centric demands and increase comfort. For instance, in May 2021, MeUndies, a US-based manufacturer of activewear launched a new swimwear collection manufactured with fabric sourced from recycled plastic bottles and recycled nylon material. The new fabric is eco-friendly, soft, super-elastic in nature and safe for oceans. In March 2022, Victoria’s Secret & Co., an American lingerie, clothing, and beauty retailer, acquired a minority interest in Frankies Bikinis, LLC for an undisclosed amount. Through this acquisition, Victoria’s Secret & Co. is focused on expanding its product portfolio and enter the beachwear market. Frankies Bikinis LLC is a US-based manufacturer of swimwear, apparel and other clothing products. Asia-Pacific was the largest region in the swimwear market in 2022. The regions covered in the swimwear market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the swimwear market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The swimwear market consists of sales of boardshorts, jammers, swim trunks, briefs, thongs, G-strings, one-piece, and bikinis. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The swimwear market research report is one of a series of new reports from The Business Research Company that provides swimwear market statistics, including swimwear industry global market size, regional shares, competitors with a swimwear market share, detailed swimwear market segments, market trends, and opportunities, and any further data you may need to thrive in the swimwear industry. This swimwear market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Sports optics refers to tools used in the field made of photo-translucent or photo-reactive materials that interact with the light passing through them. Sports optics are employed in various sports like archery and home defense for precise sights. The main types of sports optics are telescopes, binoculars, riflescopes, and rangefinders. A telescope refers to a tube-shaped optical device used to see distant objects by refractively focusing light via a lens or reflecting light through a concave mirror and are widely used in bird watching, wildlife viewing, and sports events to get a better view of a target. These are available in distribution channels such as online and offline and are used in several applications, including golf, wheel sports, snow sports, water sports, shooting sports, horse racing, and others. The global sports optic market is segmented - 1) By Product Type: Telescopes, Binoculars, Riflescopes, Rangefinders 2) By Distribution Channel: Online, Offline 3) By Applications: Golf, Wheel Sport, Snow Sport, Water Sport, Shooting Sports, Horse Racing, Other Applications The global sports optic market is expected to grow from $1.98 billion in 2022 to $2.08 billion in 2023 at a compound annual growth rate (CAGR) of 4.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global sports optic is expected to reach $2.41 billion in 2027 at a CAGR of 3.8%. Increasing participation in camping activities is expected to propel the growth of the sports optic market going forward. Camping is a leisurely outdoor activity away from cities and towns, in the middle of nature, with fresh air and (rarely) wildlife to keep company. For camping activities such as birdwatching and animal watching, sports optics like binoculars are used to watch the animals more closely from a distance. For instance, in April 2022, according to the North American Camping Report published by Kampgrounds of America, Inc., a US-based company specializing in campground and outdoor hospitality services, the active camper households in the United States witnessed growth from 86.1 million in 2020 to 93.8 million in 2021. Further, there was an 18% increase in households that engaged in camping at least once in 2021, reaching 57 million. Therefore, increasing participation in camping activities is driving the growth of the sports optic market going forward. Major players in the sports optic market are L3Harris Technologies Inc., The Vanguard Group Inc., Carl Zeiss AG, Nikon Corporation, Vista Outdoor Inc., Beretta Holding S.A., Safilo Group S.p.A, Swarovski Optik KG, Leica Camera AG, Burris Company Inc., Trijicon Inc., Vortex Optics, Bushnell Corporation, Meopta - Optika S.R.O, EOTech Inc., Celestron LLC, American Technologies Network Corporation, Nightforce Optics Inc., Nightforce Optics Inc., Barska, U.S. Optics Inc., Schmidt u. Bender GmbH & Co. KG, GPO GmbH, U.S. Optics, and FLIR Systems Inc. Product innovation is a key trend gaining popularity in the sports optics market. Major companies operating in the sports optics market are developing innovative products to sustain their position in the market. For instance, in March 2022, Ricoh Imaging Americas Corporation, a US-based computer and electronics manufacturing company, launched the Pentax Jupiter series of porro-prism binoculars. The four new versions in the series all have large-aperture objective lenses that guarantee a bright, crisp field of vision even in dimly lit environments, such as at night or indoor events. The binoculars have a focus ring that is straightforward to use and an external rubber covering that helps to provide a solid grip on the body and reduce the potential for slippage. In April 2021, Academy Sports + Outdoors, a US-based retail firm, acquired Redfield Brand from Leupold & Stevens Inc. for an undisclosed amount. This acquisition expands the Academy’s brand portfolio and will exclusively develop and market sports optics under the Redfield name. Leupold & Steven Inc., a US-based sporting goods manufacturing company specializing in optics for shooters and hunters, offers binoculars, rangefinders, riflescopes, and optics. North America was the largest region in the sports optic market in 2022. Asia-Pacific is expected to be the fastest-growing region in the sports optic market report during the forecast period. The regions covered in the sports optics report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the sports optics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. The sports optics market consists of sales of night vision, spotting scopes, and red dot sights. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The sports optics research report is one of a series of new reports from The Business Research Company that provides sports optics market statistics, including the sports optics industry's global market size, regional shares, competitors with a sports optics market share, detailed sports optics market segments, market trends and opportunities, and any further data you may need to thrive in the sports optics industry. This sports optics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.