Sports Flooring Market: Growing Demand to Impact Revenue Share during 2017-2026

Sports flooring should be laid after keeping a lot of considerations in mind. Some of the parameters that are to be considered while laying sports flooring is the shock absorption, which is the quantum of impact that is absorbed by the floor, usually measured in percentage. Also, the vertical deformation needs to be considered that is the average distance the floor deforms under impact, measured in mm. Also, sports flooring should be able to withstand rolling load. In addition, other factors that need to be considered while opting for a suitable sports flooring is the ball rebound, measuring how much a ball bounces off the surface of the sports floor and the slip resistance which measures the level of grip the surface possesses. Earlier, the obvious choice for a sports floor was solid timber. However, with a lot of progress happening in technology and material science, the sports flooring is moving towards engineered timber and a variety of synthetic surfaces.

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According to the assessment of FactMR, the global Sports Flooring Market is forecasted to reach a figure of about US$ 2,150 Mn in 2026 and is poised to exhibit a sluggish CAGR in the period of assessment.

North America Market Set to Dominate the Global Sports Flooring Market in Terms of Revenue

The market in North America is set to dominate the global sports flooring market in terms of value and this trend is projected to sustain itself throughout the assessment period. North America sports flooring market is the most attractive market, growing at a sluggish CAGR over the forecast period.

Outdoor Product Type Segment Slated to Touch a Value of About US$ 485 Mn in 2026

According to the projections of FactMR, the outdoor product type segment is expected to reach a value of about US$ 485 Mn in the year 2026. This signifies a sluggish CAGR during the forecast period of 2017-2026. The outdoor product type segment is estimated to account for more than one-fifth of the revenue share of the product type segment by the end of the year 2017 and is expected to gain in market share by 2026 over 2017.

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Commercial End Use Segment to Exhibit a CAGR of More than 3% During the Assessment Period

According to the assessment of FactMR, the commercial end use segment is poised to touch a figure of about US$ 1,850 Mn in the year 2026. This signifies a CAGR of more than 3% during the assessment period from 2017 till the year 2026. The commercial end use segment is estimated to account for more than four-fifth of the revenue share of the end use segment by the end of the year 2017 and is projected to gain market share by 2026 over 2017.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of global sports flooring market through 2026, which include Gerflor SAS, Tarkett SA, Forbo, Kiefer USA, Bauwerk Boen Group, EPI group, Horner Sports Flooring, Signature Sports, Robbins Sports Surfaces, Aacer Flooring, SnapSports, Flexcourt Atheletics, Conica AG, Matsinc, KLIKFLEX FLOORING and Rephouse Ltd.

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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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ROVs Market: Hybridization Persists as a Major Trend

A new breed of machine with fun, versatility and functionality—recreational off-highway vehicles (ROVs)—have been garnering attention of outdoor mavericks in huge numbers. Known mainly for recreational use; recreational off-highway vehicles have carved a niche in the workplace, incorporating construction, farming, namely. From transporting gear to a favorite campsite or exploring the scintillating outdoors, ROVs have been the apt choice.

Often alluded as UTVs, ROVs’ durability and performance make them best suited for several work applications and recreational activities. Pertinent manufacturers are involved in potently conspicuous communications efforts aimed at users and prospective buyers with respect to responsible and safe use of recreational off-highway vehicles (ROVs).

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The growing incorporation of sensors and electronics has led to the robust development of electrical hybrid vehicles(EHVs). As such, recreational off-highway vehicles industry persists to survey various electrification levels, incorporating mild hybridization, full electrification. Besides, the advent of artificial intelligence (AI and popularity of electro-hydraulic actuators are expected to fuel the growth of recreational off-highway vehicles (ROVs).

The ROVs industry are tilted towards adoption of all-electric ROVs which augur well for the growth of market. In the wake of rising concern apropos injuries and mortalities, the U.S. Consumer Product Safety Commission (CPSC) launched a sophisticated notice of purposed rulemaking (ANPR) for addressing safety hazards related to ROVs.

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Recreational Off-Highway Vehicles (ROVs) Market: Overview

The report offers a robust assessment on the recreational off-highway vehicles market underpinned by quantitative and qualitative analysis. In addition, the report focuses on the dynamics of the market that have significant influence on the development of the Recreational off-highway vehicles market, elucidating drivers, trends, opportunities and restraints. The report focuses on the segmentation of the market to provide a deep dive assessment of the market.

The report incorporates executive summary and overview section that presents a robust assessment on the recreational off-highway vehicles market. Moreover, the report in the market overview section sheds light on PESTLE analysis to offer comprehensive analysis on the market. Further, the overview section further throws light on Porters’ Five Force analysis which will aid in assessing competitive landscape with respect to recreational off-highway vehicles market.

The report is propelled by painstaking research conducted to offer a deep dive analysis. Primary research and secondary research have been applied to offer a judicious insights on recreational off-highway vehicles market. The report is underpinned by primary research, incorporating honest and unbiased review from experts, telephonic interview, genuine views from seasoned analyst and surveys. Meanwhile, the secondary research encompasses EC filing, Factiva, trade journals and resourceful database. Additionally, the report shed light on absolute dollar opportunity analysis and Y-o-Y projections.

Recreational Off-Highway Vehicles (ROVs) Market: Competitive Landscape

The coherent analysis of competitive scenario of the recreational off-highway vehicles market is backed up by the Porters’ Five Force Analysis. Further, the Porters’ Five Force Analysis focuses on feasible strategies of the pertinent players in the recreational off-highway vehicles market. Additionally, the report also elucidates SWOT analysis, company profile, product portfolio, recent development, company profile, key differentiation and annual revenue.

Golf Apparel Market Delivering Increased Demand, says a report published by Fact.MR

The scope of Fact.MR’s report is to analyze the global golf apparel market for the forecast period 2017-2026 and provide readers an unbiased and accurate analysis. Golf apparel manufacturers, stakeholders, and suppliers in the global sporting goods & accessories industry can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and sports journals.

The global golf apparel market is expected to register a moderate growth attributed to increasing popularity of golf across the world. The report, compiled by Fact.MR, provides in-depth analysis of the global golf apparel market for the forecast period 2017-2026, and offers key insights about future market direction.

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Increasing popularity of golf across the globe has led to a rise in participations in the particular sport. Moreover, growing viewership of pro-golf tournaments is resulting in more individuals taking up the sport.  This is falling brightly on the global demand for golf equipment and apparels. According to the latest report published by Fact.MR, the global golf apparel market is set to surpass a valuation of US$ 6,600 Mn by the year 2026. There has been a steady growth in golf enthusiasm among the youth population. A sports that was previously marked by elitism is now attracting the general classes of the society.  For instance, The 2017 PGA merchandise show - a trade-only event for qualified golf industry professionals held at Orlando U.S.A recorded overwhelming attendance. Over the years, a large number of courses have mushroomed, allowing more youth participation. The sport also graced the 2016 Rio Olympics after nearly a century of nonappearance. With golf courses becoming more accessible, the participation number is also going up. The aforementioned factors are reflecting favourably on the global golf apparel market.

North America’s Leadership to remain Unchallenged 

Among regions, the market in North America will continue to dominate the global golf apparel market in 2017 and beyond. The golf apparel market in the region currently commands for the largest revenue share and is projected to grow at a steady pace during the forecast period (2017-2026). Golf is a prominent sport in the region and account for high viewership as well as participation in both the U.S. and Canada. Moreover, a strong presence of market players is further supporting the growth of the market in North America.

Shoes – Top Selling Golf Apparel

Demand for golf shoes is relatively higher as compared to other golf apparels. Global sales of golf shoes currently accounts for around 38% of the overall market revenue. This is primarily owing to innate nature of the sport that makes golf shoes compulsory for participation. Towards the end of 2026, more than US$ 2,400 Mn worth golf shoes are expected to be sold worldwide.

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Men’s Golf Apparel a Leading Segment

Global sales of men’s golf apparels are expected to remain relatively high during the forecast period. In terms of revenue, sales of men’s golf apparels globally represents for a significant share of the market and the trend is likely to continue over 2026. High number of male participation is one the major factors driving the demand for men’s golf apparel.

Strong Sales to be Recorded through On-Course Outlets

On-course outlets will remain one of the largest sales channel for golf apparel during the assessment period. Owing to a strong customer exposure and location advantage on-course outlets is expected witness higher sales then other sales channels in the near future. Close to US$ 1,261.7 Mn worth golf apparels are estimated to be sold through on-course outlets by 2026-end.

Competition Tracking

Fact.MR in its report has profiled some of the prominent companies operating in the global apparel market namely Adidas AG, NIKE, Inc., Under Armour, Inc., Callaway Golf Company, ASICS Corporation, Amer Sports Corporation, MIZUNO Corporation, Kering S.A., Ralph Lauren Corporation, and Fila Korea Co., Ltd. Many of these companies are actively focussing on enhancing product design and offering tail-made options to customers.

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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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Ice Hockey Apparel Market Poised to Garner Maximum Revenues During 2017 to 2026

As the popularity of ice hockey gains traction in the global sports industry, companies manufacturing sporting goods & accessories are becoming more focused upon producing the apparels for the sport. New designs for manufacturing ice hockey apparels are being introduced by companies. Several market players are adopting advanced materials to enhance the feel and comfort levels of ice hockey apparel and allow the users an ease of mobility. Moreover, companies producing ice hockey apparels are consistently following the guidelines set by international sports industry regulatory bodies with respect to the use of protective equipment in ice hockey. Apparels with improved functions are being developed at high costs, creating a trend of premiumization in the global ice hockey apparel landscape.

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According to FactMR’s recent study, the global ice hockey apparel market is poised to register a CAGR of 2.5% in terms of value during the forecast period, 2017-2026. The report further reveals that by the end of 2026, nearly US$ 550 Mn worth of ice hockey apparels will be sold across the globe.

Hockey Jerseys/T-shirts to Register Fastest Sales; Individual Buyers to Account for 2/3^rd Share on Global Market Value

While the overall ice hockey apparel market expands at a sluggish pace, jackets will continue to be a top-selling apparel through 2026. The report also reveals that the sales of ice hockey jerseys/t-shirts will gain fastest traction by registering a value CAGR of 2.9% over the forecast period. With respect to the buyers, ice hockey apparels bought by individuals will bring more than 66% of the overall market revenues towards the end of the forecast period. The report further estimates that in 2017, more than US$ 120 Mn worth of ice hockey apparels were sold to institutional buyers.

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Third-Party Online Sales to Incur Fastest Revenue Growth; Men will Remain Predominant Consumers through 2026

With respect to the sales of ice hockey apparels, a majority of these apparels will be sold to men. The men consumer base for ice hockey apparels will continue to expand on the account of high participation of males in this sports. In 2017, more than US$ 370 Mn worth of ice hockey apparels have been sold to men across the globe. The report further reveals that a major chunk of these sales will be accounted by modern trade channels. However, in the latter half of the forecast period, third-party online sales of ice hockey apparels will gain traction, registering one-fourth share on global market value and reflecting a CAGR of 3.2%.

Competition Tracking

Leading manufacturers of ice hockey apparels across several parts of the world have been reviewed to draw the global ice hockey apparel competition landscape. Through 2026, companies namely, Adidas AG, Bauer Hockey, Inc., Don Simmons Sports, Inc., Easton Hockey, Inc., Graf Skates AG, Montreal-Tackla Hockey Company, New Balance, Inc., Sherwood Athletics Group Inc., Wm T. Burnett & Co., Inc., and Tecnica Group S.p.A. are expected to lead the global ice hockey apparel production. These companies are expected to primarily focus on introducing new materials in production of ice hockey apparels.

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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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Surfboard Market Forecast Covering Growth Inclinations & Development Strategies until 2026

Surfers continue to seek surfing sports to satiate the craving for adventure, fun and excitement. The electrically propelled design of surfboards allows surfers to enjoy surfing in the absence of waves. The rise of electric water sports, in particular, electric surfboard, is expected to redefine the surfing industry landscape. The superior characteristics provided by electric surfboards in terms of superior torque and higher water propulsion provides the surfers with better surfing experience over traditional surfboards, thereby driving the popularity of electric surfboards.

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Development of Eco-Friendly Boards – A Trending Vendor Strategy

Sustainability in the surfboard industry is a topic at the top of the mind of all businesses involved in surfing. In a bid to establish sustainability standards in the market and meet the criteria of the ECOBOARD project, manufacturers in the surfboard market are introducing sustainable surfboards. For instance, FireWire, a leading surfboard provider in Australia has taken a significant move towards introducing eco-friendly surfboards. In addition, the manufacturer has replaced the toxic polyurethane foam with an eco-friendly alternative such as expanded polystyrene (EPS). Another leader in the surfing industry, Channel Islands has also introduced CI’s MINI – affordable yet sustainable boards.

A Steadily Rising Surfing Industry to Fuel Surfboard Sales, Sustainability Challenges Prevails

Surfing industry has witnessed a meteoric rise in the past two decades against the backdrop of growing demand for recreational sports, millennials’ preference for adventure sports and significant investments from stakeholders to introduce fun-filled and effective water sports equipment. A report by the World Tourism Organization adventure tourism which includes surfing is a rapidly growing subset of the lucrative tourism industry.

While the surfing industry is expanding at a rapid pace, sustainability issues continue to challenge the pace of surfing industry development, thereby deterring the growth of the surfboard market.

Longboards and Shortboards Remain Highly Preferred Among Surfers

Surfers continue to prefer longboards for their superiority features such as stability and noseriding. Although heavier than shortboards, riding on longboards remains a vogue among surfers worldwide. However, demand for shortboards is estimated to rise in the future on the back of advantages of greater maneuverability over longboards in competitive events. Aware of these surfer preferences, manufacturers in the surfboards market continue to introduce innovative designs of longboards and shortboards.

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Millennial and Gen Z Preferences Changing the Surfboard Industry Landscape

In the past decade, surfboards industry has witnessed multiple introductions in the design of surfboards in terms of material, shape, utility and operations. These introductions are majorly driven by evolving surfer preferences wherein electronic surfboards is one of the prominent examples of such introductions. However, as the millennial and Gen Z population reaches maturity, their propensity for spending time on online surfing has negatively impacted the liking for adventure or outdoor sports activities. Youth sentiments as these are likely to impact their participation in surfing, thereby influencing the sales of surfboards in the future.

Competitive Landscape

In the competitive landscape section of the surfboard market report, readers can find a dashboard view of the market players operating in the global landscape of the surfboard market. The section also delivers information on the company profiles that covers product offerings, market size, global presence and notable developments of the key surfboard market players.

Few of the profiled players in the surfboard market include Channel Islands Surfboards, Firewire Surfboards, GSI, Agit Global, BIC Sports, Billabong International, BruSurf, Greco Surf, Hydenshapes, Infinity Surfboards, Keeper Sports Products, Mt Woodgee Surfboards, NSP, Yuan Sports, and Quiksilver.

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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
Fact.MR
11140 Rockville Pike
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Email: sales@factmr.com
Web: https://www.factmr.com/