What is Global Cricket Equipment Market?
The Global Cricket Equipment Market is a comprehensive study of the various aspects of the cricket equipment industry on a global scale. It encompasses the production, distribution, and consumption of cricket equipment across the world. The market includes a wide range of products such as cricket bats, balls, protective gear, and other related accessories. The value of this market was estimated to be around US$ 251 million in 2022. The market is expected to grow at a steady pace, reaching an estimated value of US$ 313.7 million by 2029. This growth is projected to occur at a Compound Annual Growth Rate (CAGR) of 3.2% during the forecast period of 2023-2029. The market is dominated by the top five manufacturers who collectively hold a share of over 30%. The Asia-Pacific region (APAC) is the largest market for cricket equipment, accounting for over 60% of the global market share. This is followed by Europe and the Middle East and Africa (MEA), each holding a share of over 25%. In terms of product categories, cricket bats represent the largest segment, accounting for over 50% of the market share.
Cricket Bats, Cricket Balls, Cricket Protective Gear, Others in the Global Cricket Equipment Market:
The Global Cricket Equipment Market is not just limited to professional cricket matches. It also finds usage in training sessions, entertainment purposes, and even in amateur cricket games. Cricket equipment is essential for both professional and amateur players for practicing and improving their skills. Training equipment includes items like practice balls, nets, pitch rollers, and bowling machines. These items help players to hone their batting, bowling, and fielding skills. For entertainment purposes, cricket equipment is used in various forms of the game like beach cricket, backyard cricket, and indoor cricket. These games are played for fun and relaxation, and the equipment used is often less professional and more durable. The equipment used in these games includes plastic bats and balls, stumps, and protective gear. The use of cricket equipment in these areas contributes significantly to the overall market.
Cricket Match, Training, Entertainment in the Global Cricket Equipment Market:
The Global Cricket Equipment Market is a dynamic and evolving industry. The market outlook highlights some key trends and patterns in the industry. In 2022, the market was valued at US$ 251 million. It is projected to grow at a CAGR of 3.2% from 2023 to 2029, reaching a value of US$ 313.7 million. This growth is driven by the increasing popularity of cricket around the world, technological advancements in cricket equipment, and the growing investment in cricket infrastructure in various countries. The market is dominated by the top five manufacturers, who collectively hold over 30% of the market share. This indicates a high level of concentration in the market, with a few key players exerting significant influence. The largest market for cricket equipment is the Asia-Pacific region, which holds over 60% of the global market share. This is followed by Europe and the Middle East and Africa, each holding over 25% of the market share. In terms of product categories, cricket bats are the largest segment, accounting for over 50% of the market share. This is due to the essential role of the bat in the game of cricket, and the high demand for high-quality bats among players of all levels.
| Report Metric | Details |
| Report Name | Cricket Equipment Market |
| Accounted market size in 2022 | US$ 251 million |
| Forecasted market size in 2029 | US$ 313.7 million |
| CAGR | 3.2% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | Gray-Nicolls, Gunn & Moore, Sanspareils Greenlands, Kookaburra, Sareen Sports, Slazenger, Adidas, Puma, British Cricket Balls, CA Sports, Nike, Woodworm Cricket, Kippax, Sommers, MRF, Callen Cricket |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
