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Protective Sports Equipment Manufacturing - Industry Market Research Report

  • November 2016
  • 34 pages
  • Ibisworld
Report ID: 2573423

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On thin ice: Despite rising demand, import competition continues to threaten growth



Abstract

Protective Sports Equipment Manufacturing

The Protective Sports Equipment Manufacturing industry has experienced modest growth over the past five years. Heightened competition from imports limited postrecessionary recovery for this industry. While the industry benefited from depreciation of the US dollar early in the period, the dollar has appreciated strongly in recent years. Nevertheless, improved disposable income over the five years to 2016 is expected to bolster revenue. As economic recovery builds momentum, disposable income growth is expected to accelerate over the five years to 2021. While improved disposable income will translate to greater demand for high-quality, domestically produced athletic products, continued appreciation of the US dollar over the next five years is anticipated to exacerbate growing competition from low-cost imports. Industry revenue is therefore expected to grow at a slight average annual rate of 0.3% during the five-year period, reaching $341.7 million in 2021.

This industry manufactures protective sports equipment such as helmets, pads, gloves and shin guards. Recreational and professional athletes purchase industry products to protect themselves from injury.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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