Portland, OR -- (SBWIRE) -- 02/22/2018 -- Sports Protective Equipment Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $8,678 million by 2022, registering a CAGR of 3.5% during the period 2016-2022. Sports protective equipment market trends are expected to be progressive over the next few years. LAMEA is expected to witness the highest growth rate, owing to the increase in popularity of sports such as baseball and basketball in Brazil.

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Rise in participation in sports activities, growth in consumer spending on sports gear, increase in health consciousness among consumers, prominence of national & international sports events foster the growth of sports protective equipment market. However, availability of cheap and counterfeit products restrain the market growth. Increase in penetration of online retail is expected to offer lucrative opportunities for growth.

The sports protective equipment market is segmented by product type into helmets & other headgear, protective eyewear, face protection & mouth guards, and pads, guards, and chest protectors & gloves. Among these, product segment comprising pads, guards, chest protectors & gloves accounted for the largest sports equipment market size, by value, owing to the extensive penetration of these equipment in diverse sports such as ice hockey, football, cricket, baseball, and other sports. This segment is expected to generate around $4 billion by 2022, growing at the highest CAGR of 4% during the forecast period. Protective eyewear product segment follows pads, guards, chest protectors, & gloves segment, in terms of the sports protective equipment market size, owing to its rapid adoption among recreational users and other sports enthusiasts as a fashion trend.

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The global sports protective equipment market is categorized based on the area of protection into head & face protective equipment, trunk & thorax protective equipment, upper extremity protective equipment, and lower extremity protective equipment. The head & face segment accounted for over half of the total sports equipment market size in 2015, fueling the market growth. Upper and lower extremity protective equipment are expected to witness higher growth rates during the forecast period on account of the rapid adoption of knee and elbow braces as a preventive measure in sports.

KEY MARKET SEGMENTS:

BY PRODUCT TYPE

-Helmets & Other Headgear
-Pads, Guards, Chest Protectors, & Gloves
-Protective Eyewear
-Face Protection & Mouth Guards

BY AREA OF PROTECTION

-Head & Face Protective Equipment
-Trunk & Thorax Protective Equipment
-Upper Extremity Protective Equipment
-Lower Extremity Protective Equipment

BY DISTRIBUTION CHANNEL

-Specialty Retail Stores
-Multi-Retail Stores
-Online Stores & Others