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Global Cricket Equipment Market to Grow at a CAGR of 3.3% During the Period 2016-2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Cricket Equipment Market 2016 - 2020” research report to their website www.MarketResearchReports.com

 

Lewes, DE -- (SBWIRE) -- 03/23/2016 -- Report forecast the global cricket equipment market to grow at a CAGR of 3.3% during the period 2016-2020.

The report focuses on cricket bats, balls, protective gear, and other equipment such as nets, stumps, backpacks, shoes, and bails. Geographically, APAC led the market with a share of 64.23% in 2015, followed by Europe and MEA. The cricket bats segment contributed the most revenue to the market in 2015, followed by the cricket balls segment.

The report covers the present scenario and the growth prospects of the global cricket equipment market for 2016-2020. To calculate the market size, the report considers the revenue generated through the sales of cricket equipment.

The market is divided into the following segments based on geography:
- Americas
- APAC
- Europe
- MEA

According to the report, Twenty20 cricket tournaments have become very popular across the world, as they are played over a short duration compared to test matches and one-day international cricket matches. Test matches, which are played over an average of four days, are becoming less popular. There has been a considerable increase in the audience base for these tournaments, making them a more frequent occurrence worldwide. The Indian Premier League is another popular Twenty20 tournament. The popularity of this new format, along with the existing one-day and test matches, has increased the frequency of cricket tournaments. This boosts the associated markets, including cricket equipment.

Further, the report states that not all countries worldwide have the required infrastructure to support cricket, and people tend to pursue the sport that is the most popular in their country. Therefore, the market for other sports in that country becomes limited in terms of revenue growth.

Global Cricket Equipment Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Cricket Equipment Market: Adidas, Gunn & Moore, Sanspareils Greenlands, Sareen Sports, and Slazenger.

Other Prominent Vendors in the market are: British Cricket Balls, CA Sports, Callen Cricket, Fearnley, Gray-Nicolls, Kippax, Kookaburra, MRF, Nike, Puma, Sommers, and Woodworm Cricket Co.

Market driver
- Popularity of Twenty20 tournaments
- For a full, detailed list, view our report

Market challenge
- Lack of required infrastructure
- For a full, detailed list, view our report

Market trend
- Demand for eco-friendly products
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 74 pages and 22 Exhibit "Global Cricket Equipment Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Market segmentation by product, Market segmentation by retail format, Geographical segmentation, Key leading countries, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-cricket-equipment-market-2016-2020

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