increase in number of cricket tournaments is driving the Cricket Equipment Market

Latest News:- Cricket Equipment Market: Cricket bats is expected to lead the Product segment during 2024-2028

Technavio analyzes that the Cricket Equipment Market is expected to grow at a CAGR of 3.28% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 2536.35 thousand.There are various factors that contribute to the growth of the market. The surge in the number of cricket tournaments worldwide has led to a significant growth in the demand for cricket equipment. This trend is particularly noticeable in emerging cricket markets such as Asia and Africa, where the sport is gaining immense popularity. As a result, manufacturers and retailers are witnessing increased sales of cricket bats, balls, pads, helmets, and other essential gear. The market for cricket equipment is expected to continue its upward trajectory, driven by the growing fan base and the increasing number of tournaments.

The cricket equipment market is driven primarily by the cricket bats segment, which is expected to witness significant growth during the forecast period. Manufacturers of cricket bats are predominantly located in regions such as the Middle East and Africa, and South America. Professional cricket bats are manufactured using high-quality willow woods, specifically English willow and Kashmir willow, which are in high demand. India and Pakistan are major producers of cricket bats in the Asia Pacific region, with India being a significant contributor to the global supply. Ethylene-vinyl acetate (EVA), a copolymer of ethylene and vinyl acetate, is utilized extensively in the production of cricket bats, as well as other equipment such as protective gear, balls, sunglasses, and protective eyewear. 

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Cricket Equipment Market Segmentation

• Product
  • Cricket bats
  • Cricket balls
  • Cricket protective gears
  • Others
• Distribution Channel
  • Offline
  • Online
• Geography
  • Europe
  • APAC
  • North America
  • South America
  • Middle East and Africa

Top Performing Companies

As per our research findings, here are some of the key competitors that are leading the industry

• Adidas AG
• Beat All Sports
• British Cricket Balls Ltd.
• CA Sports PVT LTD
• Cooper Cricket
• Delux Sports Co.
• Duncan Fearnley Cricket Sales Ltd
• Fantail
• Grays of Cambridge Ltd
• Groupe Artemis
• Kippax Willow Ltd.
• Kookaburra Sport Pty Ltd.
• Kraken Cricket
• Masuri Group Ltd.
• MRF Ltd.
• Nike Inc.
• Sanspareils Greenlands Pvt Ltd.
• Sareen Sports Industries
• Sommers Sports
• Spartan Sports
• Stanford Cricket Industries
• woodworm.tv

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Research Analysis Overview

The Cricket Equipment Market caters to various segments including Schools, Colleges, Cricket clubs, Fitness centers, and Local sports clubs. It offers customized sports products and accessories such as Cricket bats (English Willow, Kashmir Willow, Junior), Cricket balls (Red, White, Pink), Stumps, Protective gear (Pads, Gloves, Thigh guards), and Cricket gear for fielders and wicketkeepers. Specialty stores provide equipment for outdoor sports and cricket superstars endorse specific brands. Accessories include Cricket balls, Cricket bats, and protective gear for fielders and wicketkeepers like Abdominal Guards.

Market Research Overview

The cricket equipment market is a segment of the larger global leisure products market, which falls under the umbrella of the household durables market. This market encompasses various categories, including sports equipment, musical instruments, camping equipment, recreational vehicles, bicycles, toys, and other consumer-oriented games. According to Technavio, the global household durables market size is determined by the consolidated revenue generated by manufacturers of household durables, comprising consumer electronics, home furnishings, homebuilding products, household appliances, houseware and specialties, and leisure products. The expansion of the global leisure products market is anticipated to be fueled by the surge in health and fitness club memberships, which have experienced significant growth in the past decade. This trend is expected to continue driving demand for cricket equipment and other sports equipment in the coming years.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

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