According to a new report by Expert Market Research titled, “Global Cricket Equipment Market Growth, Size, Share, Report and Forecast 2024-2032″, The global cricket equipment market size reached a value of about USD 14.82 million in 2023. Aided by the increasing interest in sports, especially cricket, the market is further estimated to grow at a CAGR of 3.30% in the forecast period of 2024-2032 to reach a value of around USD 19.80 million by 2032.
The global cricket equipment market is a dynamic segment within the broader sports equipment industry, encompassing a wide range of products used by players at various levels of the game. Cricket equipment includes bats, balls, protective gear, gloves, pads, helmets, and other accessories essential for both professional and amateur cricketers. As one of the most popular sports globally, especially in regions like South Asia, Australia, and the United Kingdom, cricket has a significant cultural and economic impact. The market for cricket equipment is driven by the sport’s deep-rooted popularity, the growing number of cricket tournaments, and the increasing participation of young players, all of which contribute to the steady demand for high-quality cricket gear.
The global cricket equipment market growth is influenced by several key factors, including the rising global popularity of cricket and the expansion of domestic and international leagues. In recent years, cricket has witnessed an expansion beyond its traditional strongholds, with countries in North America, the Middle East, and East Asia showing a growing interest in the sport. This has led to a surge in market demand for cricket equipment in these regions, as more players and enthusiasts take up the sport. The proliferation of Twenty20 (T20) cricket, with its shorter, more dynamic format, has particularly contributed to the sport’s appeal among younger audiences, driving market expansion and the demand for innovative, performance-enhancing equipment.
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One of the prominent cricket equipment market trends is the increasing focus on product innovation and technology integration. Manufacturers are continuously investing in research and development to create lighter, more durable, and ergonomically designed equipment that enhances player performance and safety. For instance, advancements in materials science have led to the development of cricket bats made from composite materials that offer a better balance of strength and flexibility, while modern protective gear is designed to provide superior impact resistance without compromising comfort. This trend towards innovation is driving market development as players seek equipment that can give them a competitive edge on the field.
Moreover, the global emphasis on player safety has significantly influenced the global cricket equipment market value. With the increasing awareness of the risks associated with head injuries and other physical impacts in sports, there is a growing demand for high-quality protective gear. Helmets with advanced shock-absorbing technologies, pads with enhanced cushioning, and gloves with reinforced protection are becoming standard in both professional and amateur cricket. This focus on safety is not only boosting the market value of protective gear but is also leading to the adoption of stricter safety standards in cricket equipment manufacturing.
The rise of e-commerce and online retail platforms is another key trend boosting the global cricket equipment market share. With the convenience of purchasing equipment online, players have greater access to a wider range of products, including those from international brands that may not be readily available in local markets. This shift towards online shopping has opened new avenues for market growth, allowing manufacturers and retailers to reach a broader audience and tap into emerging markets. Additionally, the increasing use of digital platforms for product reviews and comparisons is empowering consumers to make more informed purchasing decisions, further driving market demand for high-quality cricket equipment.
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Sustainability is also emerging as an important factor in the cricket equipment market development. As environmental concerns continue to gain prominence, manufacturers are exploring the use of eco-friendly materials and production processes in the design of cricket gear. This includes the use of sustainable wood for cricket bats, biodegradable materials for protective gear, and environmentally friendly packaging. The growing consumer preference for sustainable products is influencing market trends, with brands that prioritize environmental responsibility gaining a competitive advantage in the market.
The global cricket equipment market expansion is closely linked to the increasing investment in grassroots cricket and the development of cricketing infrastructure. Governments, sports organizations, and private entities are investing in the construction of cricket academies, training facilities, and stadiums to nurture young talent and promote the sport at the community level. These initiatives are driving the demand for cricket equipment as more young players enter the sport and require the necessary gear to train and compete. Furthermore, the rise of cricket academies and coaching centers is fostering a new generation of players who are not only passionate about the game but are also more discerning in their choice of equipment, contributing to the overall growth of the market.
Market Segmentation
The global cricket equipment market can be divided based on product type, end user, quality, distribution channels, and region.
Market Breakup by Product Type
• Bat
• Ball
• Stumps
• Protective Gear
• Others
Market Breakup by End User
• Men
• Women
• Kids
Market Breakup by Quality
• Standard
• Premium
Market Breakup by Distribution Channel
• Hypermarket/Supermarket
• Speciality Stores
• Online
• Others
Market Breakup by Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global cricket equipment market. Some of the major players explored in the report by Expert Market Research are as follows:
• Reebok International Ltd.
• PUMA SE
• Readers Ltd.
• Unicorn Products Ltd
• British Cricket Balls
• Kookaburra Sport Pty Ltd
• Gray Nicolls
• Others
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