The cricket equipment market is driven by factors such as growing popularity of cricket as a sport and growing fan bases.
The global cricket equipment market size was valued at $680.2 million in 2022, and is projected to reach $1.3 billion by 2032, growing at a CAGR of 6.7% from 2023 to 2032. โ
WILMINGTON, DE, UNITED STATES, January 16, 2025 /EINPresswire.com/ -- Allied Market Research published a report, titled, "Cricket Equipment Market by Product Type (Bats, Balls, Protective Gears, and Others), Price Point (Economical, Medium, and High), and Distribution Channel (Hypermarkets/Supermarkets, Sports Retail Stores, Branded Outlets, and Others): Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the global cricket equipment market size was valued at $680.2 million in 2022, and is projected to reach $1.3 billion by 2032, growing at a CAGR of 6.7% from 2023 to 2032.โ Allied Market Research
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ: https://www.alliedmarketresearch.com/request-sample/A06355
Prime determinants of growth
The cricket equipment market is driven by factors such as growing popularity of cricket as a sport and growing fan bases. However, high cost of quality cricket equipment and limited awareness in non-cricket playing nations restrict the market growth. Moreover, youth and grassroots development in major cricketing nations offer new opportunities in the coming years.
Segments Covered
Product Type, Price Point, Distribution Channel, And Region
Drivers
Growing Popularity Of Cricket
Growing Fan Base
Rise Of T20 Leagues
Opportunities
Growth Of E-Commerce
Youth And Grassroot Level Development
Restraints
High Cost
Limited Awareness In Non-Cricket Playing Nations
The bats segment to maintain its leadership status throughout the forecast period
Based on product type, the bats segment dominated the market in 2022 accounting for less than two-fifths of the market share and is expected to dominate the market during the forecast period. The bat is an essential instrument in a cricketer's playing kit, and the requirement for high-quality bats is continuously strong among players all over the world. The bat market is driven by technological improvements, with manufacturers always innovating to improve efficiency, reliability, and player comfort. Furthermore, professional players' choices and endorsements influence customer choices, increasing the popularity of certain bat types.
๐๐๐๐๐๐๐-๐๐๐๐ ๐๐ ๐ ๐๐ (๐๐ข๐ฅ๐ฅ 30 ๐๐๐ 2025) - ๐๐ฎ๐ฒ ๐๐จ๐ฐ & ๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ https://www.alliedmarketresearch.com/checkout-final/64f1fb0121b0d3da75cfce6c29ebed63
The sports retail stores segment to maintain its leadership status throughout the forecast period
Based on distribution channel, the sports retail stores segment dominated the market in 2022 accounting for less than two-fifths of the market share and is expected to dominate the market during the forecast period. Sports retail stores serve as important hubs for players and enthusiasts to physically engage with and evaluate a wide selection of cricket equipment. The success and domination of sports stores in the cricket equipment industry stems from their ability to provide hands-on experience, allowing buyers to feel the size, grip, and balance of cricket equipment before purchasing. Furthermore, knowledgeable staff members at these establishments frequently give significant insights and recommendations, which influence purchasing decisions.
The Asia-Pacific region to maintain its lead position during the forecast period
On the basis of the region, the Asia-Pacific region dominated the market in 2022 accounting for more than half of the market share and is expected to maintain its dominance during the forecast period. Cricket enjoys a high cultural significance in nations such as India, Australia, Pakistan, and Sri Lanka, resulting in a large and dedicated cricket fan base. The sport's enthusiastic fan base supports a significant market for high-quality cricket equipment, which ranges from bats and balls to protective gear. As cricket grows in popularity throughout the area, the market enjoys a huge increase, with both professional and amateur players boosting purchases.
๐๐๐ง๐ญ ๐ญ๐จ ๐๐๐๐๐ฌ๐ฌ ๐ญ๐ก๐ ๐๐ญ๐๐ญ๐ข๐ฌ๐ญ๐ข๐๐๐ฅ ๐๐๐ญ๐ ๐๐ง๐ ๐๐ซ๐๐ฉ๐ก๐ฌ, ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ' ๐๐ญ๐ซ๐๐ญ๐๐ ๐ข๐๐ฌ: https://www.alliedmarketresearch.com/purchase-enquiry/A06355
Leading Market Players:
Gray-Nicolls
Kookaburra Sport Pty Ltd
Gunn & Moore (GM)
Sareen Sports Industries
Adidas AG
New Balance Athletics, Inc
SG (Sanspareils Greenlands)
British Cricket Balls Limited
Spartan Sports
Delux Sports Company
Sommers Sport
๐๐ข๐ฆ๐ข๐ฅ๐๐ซ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ข๐ง ๐๐จ๐ง๐ฌ๐ฎ๐ฆ๐๐ซ ๐๐จ๐จ๐๐ฌ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
๐๐ข๐ฌ๐ฉ๐จ๐ฌ๐๐๐ฅ๐ ๐๐ฎ๐ฉ๐ฌ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/disposable-cups-market-A06764
๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐๐ง๐ ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/electric-ranges-market-A06769
Davin Correa
Allied Market Research
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