The ‘Global Cricket Gloves Market Trends Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global cricket gloves market, assessing the market on the basis of its segments like product types, distribution channels, and major regions.
The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the basis of SWOT and Porter’s Five Forces Models.
Page Contents
Cricket Gloves Market Size, Trends, Industry Report, Key Player, Major Segments, and Forecast
The key highlights of the report include:
Market Overview (2018-2028)
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- Historical Market Size (2022): Around USD 60.4 Billion
- Forecast CAGR (2023-2028): 3.20%
- Forecast Market Size (2028): Approximately USD 72.75 Billion
The growing popularity of cricket and the increasing likeability of the sport among the young generation has resulted in the establishment of many cricket academies. Educational institutions are also working towards incorporating cricket into their curriculum to ensure the holistic development of their students, boosting the demand for cricket gloves.
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The establishment of domestic T20 leagues like IPL, BBL, and Vitality Blast, among others, around the globe has provided a stage for younger and local players to showcase their talent. These leagues are driving participation in the sport, consequently fuelling the global cricket gloves market growth.
The Asia Pacific region is expected to represent a significant share of the market in the forecast period. The presence of a huge fan base in countries like India, Australia, Pakistan, Bangladesh, and Sri Lanka and the growing acceptance of cricket as a career option are driving the sales of cricket gloves. Along with this, the growing popularity of cricket tournaments such as IPL has facilitated the global cricket gloves market expansion.
Cricket Gloves Industry Definition and Major Segments
Cricket gloves are protective gear used by batsmen and wicketkeepers while playing to protect their wrists and hands from injuries. They are available in various types like sausage finger gloves, multi-piece gloves and hybrid gloves.
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Based on type, the market is segmented into:
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- Sausage Finger
- Multi-Piece
- Hybrid
On the basis of distribution channels, the market is divided into:
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- Hypermarkets and Supermarkets
- Independent Sports Outlets
- Franchised Sports Outlets
- Online
- Others
The major regional markets for cricket gloves include:
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- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Cricket Gloves Market Trends
Women’s representation in sports, including cricket, is increasing and women have been choosing sports as a viable career option in recent years. This, coupled with the establishment of women-centric cricket leagues, like WPL and Women BBL, is assisting in the global cricket gloves market growth.
Increased sports-related injuries have surged the adoption of safety gear at all cricketing levels. Manufacturers are also utilising new materials and innovative designs in safety gear, including cricket gloves, to make them safer and more comfortable. Moreover, the development of cricket gloves with additional features such as ventilation systems for better comfort and breathability is anticipated to aid the market in the coming years.
The market is further being fuelled by the growing availability of different types and styles of cricket gloves on e-commerce channels. In addition, the introduction of shorter formats of cricket and the streaming of cricket on OTT platforms is boosting its popularity around the world, hence favouring the cricket gloves market demand.
Key Market Players
The major players in the global cricket gloves market report are Adidas AG, Puma SE, Reebok International Ltd., Kookaburra Sport Pty Ltd, Gunn & Moore (GM), GRAY-NICOLLS, Slazenger, Cosco India Limited, The Masuri Group Ltd, and Spartan Sports Pty Ltd, among others.
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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