Cricket Equipment Market Growing at CAGR of 6.7% from 2023 to 2032; to Hit USD 1.3 Billion by 2032

Cricket Equipment Market: The Asia-Pacific region is estimated to grow at a significant CAGR during the forecast period.

WILMINGTON, DE, UNITED STATES, February 27, 2025 /EINPresswire.com/ -- Allied Market Research published a report, titled, "Cricket Equipment Market by Product Type (Bats, Balls, Protective Gears, and Others), Price Point (Economical, Medium, and High), and Distribution Channel (Hypermarkets/Supermarkets, Sports Retail Stores, Branded Outlets, and Others): Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the global cricket equipment market size was valued at $680.2 million in 2022, and is projected to reach $1.3 billion by 2032, growing at a CAGR of 6.7% from 2023 to 2032.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰: https://www.alliedmarketresearch.com/request-sample/A06355

Prime determinants of growth

The cricket equipment market is driven by factors such as growing popularity of cricket as a sport and growing fan bases. However, high cost of quality cricket equipment and limited awareness in non-cricket playing nations restrict the market growth. Moreover, youth and grassroots development in major cricketing nations offer new opportunities in the coming years.

The bats segment to maintain its leadership status throughout the forecast period

Based on product type, the bats segment dominated the market in 2022 accounting for less than two-fifths of the market share and is expected to dominate the market during the forecast period. The bat is an essential instrument in a cricketer's playing kit, and the requirement for high-quality bats is continuously strong among players all over the world. The bat market is driven by technological improvements, with manufacturers always innovating to improve efficiency, reliability, and player comfort. Furthermore, professional players' choices and endorsements influence customer choices, increasing the popularity of certain bat types.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 (253 𝐏𝐚𝐠𝐞𝐬 𝐏𝐃𝐅 𝐰𝐢𝐭𝐡 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐂𝐡𝐚𝐫𝐭𝐬, 𝐓𝐚𝐛𝐥𝐞𝐬, 𝐚𝐧𝐝 𝐅𝐢𝐠𝐮𝐫𝐞𝐬): https://www.alliedmarketresearch.com/checkout-final/85634b6cd6812404bdf338e00a9bdd02

The sports retail stores segment to maintain its leadership status throughout the forecast period

Based on distribution channel, the sports retail stores segment dominated the market in 2022 accounting for less than two-fifths of the market share and is expected to dominate the market during the forecast period. Sports retail stores serve as important hubs for players and enthusiasts to physically engage with and evaluate a wide selection of cricket equipment. The success and domination of sports stores in the cricket equipment industry stems from their ability to provide hands-on experience, allowing buyers to feel the size, grip, and balance of cricket equipment before purchasing. Furthermore, knowledgeable staff members at these establishments frequently give significant insights and recommendations, which influence purchasing decisions.

The Asia-Pacific region to maintain its lead position during the forecast period

On the basis of the region, the Asia-Pacific region dominated the market in 2022 accounting for more than half of the market share and is expected to maintain its dominance during the forecast period. Cricket enjoys a high cultural significance in nations such as India, Australia, Pakistan, and Sri Lanka, resulting in a large and dedicated cricket fan base. The sport's enthusiastic fan base supports a significant market for high-quality cricket equipment, which ranges from bats and balls to protective gear. As cricket grows in popularity throughout the area, the market enjoys a huge increase, with both professional and amateur players boosting purchases.

𝐖𝐚𝐧𝐭 𝐭𝐨 𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐡𝐞 𝐒𝐭𝐚𝐭𝐢𝐬𝐭𝐢𝐜𝐚𝐥 𝐃𝐚𝐭𝐚 𝐚𝐧𝐝 𝐆𝐫𝐚𝐩𝐡𝐬, 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬' 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬: https://www.alliedmarketresearch.com/purchase-enquiry/A06355

Leading Market Players:
Gray-Nicolls
Kookaburra Sport Pty Ltd
Gunn & Moore (GM)
Sareen Sports Industries
Adidas AG
New Balance Athletics, Inc
SG (Sanspareils Greenlands)
British Cricket Balls Limited
Spartan Sports
Delux Sports Company
Sommers Sport

𝐒𝐢𝐦𝐢𝐥𝐚𝐫 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐖𝐞 𝐇𝐚𝐯𝐞 𝐨𝐧 𝐂𝐨𝐧𝐬𝐮𝐦𝐞𝐫 𝐆𝐨𝐨𝐝𝐬 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:
𝐀𝐝𝐯𝐞𝐧𝐭𝐮𝐫𝐞 𝐓𝐨𝐮𝐫𝐢𝐬𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 https://www.whatech.com/og/markets-research/consumer/933690-adventure-tourism-market-to-witness-comprehensive-growth-by-2032-aat-kings-tours-limited-discovery-nomads.html
𝐓𝐫𝐚𝐯𝐞𝐥 𝐑𝐞𝐭𝐚𝐢𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 https://www.einnews.com/pr_news/737359472/travel-retail-market-update-2024-projected-to-exhibit-usd-187-billion-revenue-by-2031-claims-amr#:~:text=The%20travel%20retail%20market%20size,9.6%25%20from%202022%20to%202031.
𝐔.𝐒. 𝐄𝐯𝐞𝐧𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 https://www.einpresswire.com/article/789331170/u-s-events-market-in-2025-opportunities-challenges-trends-growth-and-future-outlook#:~:text=The%20U.S.%20events%20market%20size,13.0%25%20from%202021%20to%202030.

David Correa
Allied Market Research
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