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Cricket Gloves Market Strong Development and Huge Growth in 2022

2019-10-07 10:18:39 | Business

The Fact.MR report on the cricket gloves market anticipates that it will witness a sluggish CAGR of 2.7% from 2017-2022 and be worth approx. US$ 60 million by the end of 2022.There are three main types of cricket gloves– sausage finger cricket gloves, multi-piece cricket gloves, and a hybrid of the two. The sausage design is the traditional approach preferred by professional players as these provide slightly better protection. The materials used to manufacture cricket gloves are calf leather, sheep leather, and even cotton.Cricket gloves are not multi-purpose and can only be used while playing the game further restraining their marketability as an all-purpose sports accessory. In addition, cricket needs a specially curated pitch that has to be maintained throughout the year and it cannot be used during intense rains


Sausage Finger Gloves & Multi-Piece Gloves - an Equal Opportunity


The sausage finger cricket gloves and the multi-piece cricket gloves segment both account for a revenue share of more than a third in the cricket gloves market by product type. The multi-piece cricket glove segment is slightly larger and is anticipated to be worth approx. US$ 22 million by the end of 2022. The popularity of cricket in the highly populous APEJ region, particularly in India, Pakistan, Bangladesh, and Sri Lanka ensures that companies making both forms of gloves types focus their attention on this dynamic region.


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200mm-210mm Glove Segment Nearly Half the Cricket Gloves Market


The 200mm-210mm glove segment is the largest segment in the cricket gloves market by a considerable margin and companies would do well to take this into account. APEJ alone is touching 40% of the 200mm-210mm glove segment and is poised to exceed US$ 11 million by the end of the forecast period. Another important glove size is the 175mm-190mm segment and this is expected to have a revenue share of roughly a third of the cricket gloves market. Key stakeholders in the cricket gloves market would do well to target Europe in the 175mm-190mm segment.


Competition Dashboard


The Fact.MR report on the cricket gloves market has profiled some of the prominent companies actively involved in the cricket gloves market. These include Adidas AG, Nike, PUMA, Reebok International, MRF, ASICS Corporation, Gray-Nicolls Limited, Kookaburra Sport Pty, Cosco (India) Limited, and Playground Sports (India) Pvt. Ltd.


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