Global Soccer Goalkeeper Gloves Market Projections Highlighting Primary Trends until 2026
The global market for soccer goalkeeper gloves has been estimated to exhibit a sluggish CAGR during 2018 to 2026.
[UKPRwire, Mon Jan 14 2019] Gloves are a part of equipment used by soccer goalkeepers. Soccer goalkeepers wear gloves, for improving their grip, and prevent themselves from any injury. Some soccer goalkeeper gloves have rigid plastic spines running down each finger, preventing injuries such as sprained and jammed fingers. A right pair of gloves make the difference between good effort and brilliant save.
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The number of youth population participating in soccer has been witnessing a gradual rise over the recent past. This factor has further led to demand for soccer equipment and accessories. Soccer gloves are usually made from materials such as Polyurethane (PU), leather-like materials, and various grades of latex. However, a large number of players are witnessed to have adverse side-effects when their skin is exposed to latex material. Moreover, inhalation of materials such as PU and latex have been observed to cause asthma and several other breathing disorders. These factors are impacting demand for soccer gloves. In addition, no evidence has proved that soccer gloves can completely prevent hand injuries such as wrist and forearm injuries. This further provides opportunity for soccer gloves manufacturers to come up with innovations and developments in gloves, which would guarantee complete safety of hands for soccer goalies. Gloves are not considered to be a mandatory attire in soccer, but the players opt for its adoption on the back of its few advantages. The aforementioned factors might impact growth of the Global Soccer Goalkeeper Gloves Market in the upcoming years. The global market for soccer goalkeeper gloves has been estimated to exhibit a sluggish CAGR during 2018 to 2026.
Roll finger gloves are estimated to remain preferred among soccer goalkeepers, followed by flat palm gloves. Sales of flat palm goalkeeper gloves are projected to exhibit the lowest CAGR through 2026, based on glove type.
In terms of revenues, modern trade will continue to be the largest sales channel for soccer goalkeeper gloves during 2017 to 2026. Revenues from sales of soccer goalkeeper gloves in modern trade will account for over one-fourth market share throughout the forecast period.
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On the basis of buyer type, individual segment is expected to retain its dominance in the global soccer goalkeeper gloves market. Revenues from individual segment are expected to hold approximately 60% share of the market during the forecast period. Demand for soccer goalkeeper gloves in promotional segment will remain sluggish through 2026.
Europe is estimated to remain the most attractive market for soccer goalkeeper gloves. However, sales of soccer goalkeeper gloves in North America and Asia-Pacific excluding Japan (APEJ) will continue to register a relatively higher CAGR than that in Europe through 2026. APEJ will remain comparatively more lucrative than North America in the global soccer goalkeeper gloves market.
Key players identified in Fact.MR’s report on the global soccer goalkeeper gloves market include Adidas, NIKE, Inc., PUMA SE, Under Armour, Inc., Umbro, SELECT SPORT A/S, Reusch GmbH, Wilson Sporting Goods Co., Uhlsport GmbH, and Diadora Sports S.r.l.
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