Press Release

Cricket Apparel & Equipment Market to Grow with a CAGR of 3.75% through 2029

The global cricket apparel and equipment market is expanding due to rising participation and viewership. Key trends include increasing investments in technology, personalized gear, and growth in emerging markets

 

According to TechSci Research report, “Cricket Apparel & Equipment Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029F”, the global Cricket Apparel & Equipment market stood at USD 1.81 billion in 2023 and is to grow USD 2.25 billion by 2029 with a CAGR of 3.75% during the forecast period. The global cricket apparel & equipment market is experiencing robust growth, driven by the sport's expanding popularity and increasing participation worldwide. This market encompasses a wide range of products, including cricket bats, balls, protective gear, and apparel designed to enhance player performance and safety. The rise of domestic and international cricket leagues, such as the IPL and BBL, further fuels demand, as players seek high-performance equipment to gain a competitive edge.

The increasing emphasis on player safety and performance has led to the development of advanced protective gear and high-performance apparel. Player safety is a top priority, prompting manufacturers to innovate and enhance protective equipment such as helmets, pads, and gloves. Modern protective gear is designed to offer better impact resistance and comfort, reducing the risk of injuries and enhancing player confidence. Similarly, performance-oriented apparel, including moisture-wicking and breathable fabrics, helps players stay comfortable and focused during matches. The focus on player safety and performance drives continuous product innovation and fuels demand in the cricket apparel and equipment market.

Changing consumer preferences and trends also present challenges for the cricket apparel and equipment market. As players' needs and preferences evolve, manufacturers must adapt to these changes to remain relevant. For instance, there is a growing demand for eco-friendly and sustainable products, driven by increasing environmental awareness among consumers. Companies need to invest in sustainable materials and practices to meet these demands and appeal to environmentally conscious consumers. Additionally, the rise of customization and personalization in sports gear requires manufacturers to offer tailored solutions that cater to individual player preferences. Adapting to these changing trends requires flexibility and responsiveness from manufacturers, which can be challenging in a competitive market.

 

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The global cricket apparel & equipment market is segmented into product type, end use, sales channel, and region.

Based on end use, professional players are the fastest-growing segment in the global cricket apparel and equipment market due to the increasing commercialization and competitive nature of the sport. The surge in domestic and international cricket leagues, such as the Indian Premier League (IPL) and the Big Bash League (BBL), has amplified demand for high-quality, performance-enhancing gear tailored to professional athletes. These players require advanced equipment, including customized bats, high-tech protective gear, and specialized apparel, to optimize their performance and ensure safety. The significant investments made by teams and sponsors in player performance and the rising stakes of cricket tournaments drive this segment's growth. Furthermore, the enhanced visibility of professional cricket and its global following contribute to higher consumer interest and spending on premium cricket gear. Consequently, professional players represent a dynamic and expanding segment, driving innovation and growth within the cricket apparel and equipment market.

 

Major companies operating in global Cricket Apparel & Equipment market are:

  • Adidas AG
  • Nike, Inc.
  • Puma SE
  • Grays of Cambridge (International) Ltd
  • Kookaburra Sport Pty Ltd
  • Sanspareils Greenlands Pvt. Ltd.
  • Spartan Sports Corporation
  • Sareen Sports Industries
  • Frasers Group PLC 
  • Salix Cricket Bat Company Limited

 

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“The expansion into emerging markets is a significant trend shaping the global cricket apparel and equipment market. This growth is driven by the rise of domestic leagues, grassroots programs, and increased media coverage of international tournaments. As a result, there is a growing demand for cricket gear and apparel in these emerging markets. Manufacturers are targeting these regions with tailored product offerings and marketing strategies to capture market share. The rise of cricket in new markets presents opportunities for partnerships and collaborations with local distributors and sports organizations. Expanding into emerging markets allows brands to tap into a large and growing consumer base, driving overall market growth.” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

"Cricket Apparel & Equipment Market – Global Industry Size, Share, Trends, Opportunity and Forecast, Segmented By Product Type (Cricket Apparel, Cricket Shoes, Cricket Equipment), By End Use (Professional Players, Recreational Players), By Sales Channel (Supermarkets/Hypermarkets, Online, Others), By Region & Competition, 2019-2029F”, has evaluated the future growth potential of global Cricket Apparel & Equipment market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the global Cricket Apparel & Equipment market.

 

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Cricket Apparel & Equipment Market – Global Industry Size, Share, Trends, Opportunity and Forecast, Segmented By Product Type (Cricket Apparel, Cricket Shoes, Cricket Equipment), By End Use (Professional Players, Recreational Players), By Sales Channel (Supermarkets/Hypermarkets, Online, Others), By Region & Competition, 2019-2029F

Consumer Goods and Retail | Nov, 2024

The global cricket apparel and equipment market is expanding due to rising participation and viewership. Key trends include increasing investments in technology, personalized gear, and growth in emerging markets

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