Technavio market research analysts foresee positive growth for many segments of the outdoor gear industry in the next five years. In their recent findings, Technavio talks about three flourishing markets under the outdoor gear industry that are anticipated to generate considerable revenues and grow at a consistent rate during the forecast period.
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Global Football Equipment Market 2017-2021
Industry analysts at Technavio have predicted the growth opportunities for the global football equipment market during the forecast period, 2017-2021, by taking into account the various factors that foster the growth of industry segments such as sports and fitness and outdoor gear. The market’s growth in the coming years is anticipated to be fueled by increasing awareness about healthy lifestyles and their benefits. Technavio’s market research analysts also provide a detailed breakdown of various drivers and trends that are likely to facilitate market growth and identify prominent vendors who are likely to dominate the market space. Request a sample report
Global Racket Sports Equipment Market 2017-2021
The global racket sports equipment market is projected to register growth at a CAGR of almost 3% to account for a revenue of almost USD 3231 million by 2021. The market’s growth during the forecast period is fueled primarily by the rise in the number of racket sports tournaments across the globe. For instance, CourtTech is an enterprise that builds squash courts that are tested and certified by WSF. Many professional squash players worldwide endorse courts built by CourtTech, which is spread in over 30 countries across the world. Such initiatives are likely to encourage increased participation in racket sports, subsequently leading to a surge in demand for racket sports equipment. Request a sample report
Global Boxing Equipment Market 2017-2021
Driven fundamentally by a rise in number of boxing tournaments and a resultant increase in participation in the sport, the global market for boxing equipment is likely to experience substantial growth during the forecast period, 2017-2021. Furthermore, the rise in number of female participants in combat sports is also propelling the demand for boxing equipment in the global market. According to market research analysts at Technavio, the market is led by the Americas, which accounted for more than 45% of the overall market share during 2016. adidas, Century Martial Arts, Everlast Worldwide, Hayabusa Fightwear, and Twins Special are expected to emerge as the dominant players in the global boxing equipment market in the coming years. Request a sample report
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