American Football Equipment Market size in the US to grow by USD 209.44 million from 2022 to 2027; the rising popularity of sports to boost market growth

NEW YORK, June 27, 2023 /PRNewswire/ -- The American football equipment market in US size is set to grow by USD 209.44 million between 2022 and 2027 and register a CAGR of 4.08%, according to Technavio's latest market research report estimates. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. Technavio offers in-depth market insights that assist global businesses to obtain growth opportunities. Read Sample Report

The report also covers the following areas:

American Football Equipment Market Size in US

American Football Equipment Market Trends in US

American Football Equipment Market Industry Analysis in US

American Football Equipment Market in the US 2023-2027: Segmentation

Product

Retail Channel

The market share growth by the protective gear segment will be significant during the forecast period. This protective gear includes athletic supporters and cups; arm covers and sleeves; gloves; girdles; pads on the hip, knee, thigh, and tail; mouth protection; roll the neck; shoulder bolsters; and rib shields. Players are required to wear shoulder pads, mouth guards, cups, and athletic supporters, according to football associations like the NFL. Various companies are manufacturing these products and players are using products such as Nike gloves with Magnigrip technology. Hence this protective gear gives advantages to the players which is expected to drive the market growth during the forecast period.

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American Football Equipment Market in the US 2023-2027: Vendor Analysis and Scope

Some of the major vendors of the American football equipment market in US include Adidas AG, ANTA Sports Products Ltd., BRG Sports Inc., Certor Sports LLC, Champro Sports, Douglas Pads, EZ GARD Industries Inc., Franklin Sports Inc., Grip Boost Inc., Nike Inc., Rawlings Sporting Goods Co. Inc., Under Armour Inc., Varsity Brands Holding Co. Inc., VOIT Corp., Xenith LLC, and XTECH Protective Equipment LLC. To help businesses improve their market position, Technavio's report provides a detailed analysis of around 15+ vendors operating in the market. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. Backed with competitive intelligence and benchmarking, our research reports on the American football equipment market in the US are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.

Vendor Offering

ANTA Sports Products Ltd. - The company offers American football equipment such as protective guards through its subsidiary Amer Sports.

Adidas AG - The company offers American football equipment such as air pumps and shin guards.

BRG Sports Inc. - The company offers American football equipment such as helmets, and shoulder pads.

American Football Equipment Market in US - Market Dynamics

Key Drivers

The rising popularity of sports is a major factor propelling the growth of the American Football Equipment Market in US.

American Football is one of the most popular in terms of viewership.

Furthermore, the popularity of American football continues to rise, with 37% of Americans supporting and following the game.

There have been more players because of this expansion, which has contributed to the growth of the market.

Hence, the increasing popularity of American football in the US is driving demand for equipment, which will boost market growth during the forecast period.

Major trends

Innovation in helmets is a major trend shaping the American Football Equipment Market in US.

The development of innovative helmets to improve concussion protection.

New helmet platforms have been introduced by vendors like Riddell Sports Group and Xenith LLC which incorporate cutting-edge performance and protection technologies.

Fitting systems, energy management systems, and integrated smart helmet technology are included in these new helmet platforms.

Hence, these innovations are expected to have a positive impact on the growth of the American football equipment market in the US during the forecast period.

Significant Challenges

Fear of concussions is a major concern challenging the growth of the American Football Equipment Market in US.

Sports are considered dangerous, and injuries such as fractures, strains, sprains, dislocations, and concussions are common to the players.

Cap-to-head impacts are especially dangerous and can cause long-term mental health problems like CTE, dementia, and Parkinson's disease.

These injuries are causing major concern due to some children driving away from the sport.

Hence, fear of concussions is a significant challenge in sports which is expected to restrict the growth of the market during the forecast period.

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American Football Equipment Market in US 2023-2027: Key Highlights

CAGR of the market during the forecast period 2023-2027

Detailed information on factors that will assist the American football equipment market growth in US during the next five years

Estimation of the American football equipment market size in US and its contribution to the parent market

Predictions on upcoming trends and changes in consumer behavior

The growth of the American football equipment market in the US

Analysis of the market's competitive landscape and detailed information on vendors

Comprehensive details of factors that will challenge the growth of the American football equipment market vendors in US

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American Football Equipment Market Scope in US

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 4.08%

Market growth 2023-2027

USD 209.44 million

Market structure

Fragmented

YoY growth 2022-2023(%)

3.5

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

adidas AG, ANTA Sports Products Ltd., BRG Sports Inc., Certor Sports LLC, Champro Sports, Douglas Pads, EZ GARD Industries Inc., Franklin Sports Inc., Grip Boost Inc., Nike Inc., Rawlings Sporting Goods Co. Inc., Under Armour Inc., Varsity Brands Holding Co. Inc., VOIT Corp., Xenith LLC, and XTECH Protective Equipment LLC

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition

3.2 Market segment analysis

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027

4 Historic Market Size

4.1 American football equipment market in US 2017 - 2021

4.2 Product Segment Analysis 2017 - 2021

4.3 Retail channel Segment Analysis 2017 - 2021

5 Five Forces Analysis

5.1 Five forces summary

5.2 Bargaining power of buyers

5.3 Bargaining power of suppliers

5.4 Threat of new entrants

5.5 Threat of substitutes

5.6 Threat of rivalry

5.7 Market condition

6 Market Segmentation by Product

6.1 Market segments

6.2 Comparison by Product

6.3 Protective gear - Market size and forecast 2022-2027

6.4 Helmets - Market size and forecast 2022-2027

6.5 Cleats - Market size and forecast 2022-2027

6.6 Balls - Market size and forecast 2022-2027

6.7 Training equipment - Market size and forecast 2022-2027

6.8 Market opportunity by Product

7 Market Segmentation by Retail Channel

7.1 Market segments

7.2 Comparison by Retail Channel

7.3 Speciality and sports shops - Market size and forecast 2022-2027

7.4 Department and discount stores - Market size and forecast 2022-2027

7.5 Online retail - Market size and forecast 2022-2027

7.6 Market opportunity by Retail Channel

8 Customer Landscape

8.1 Customer landscape overview

9 Drivers, Challenges, and Trends

9.1 Market drivers

9.2 Market challenges

9.3 Impact of drivers and challenges

9.4 Market trends

10 Vendor Landscape

10.1 Overview

10.2 Vendor landscape

10.3 Landscape disruption

10.4 Industry risks

11 Vendor Analysis

11.1 Vendors covered

11.2 Market positioning of vendors

11.3 adidas AG

11.4 ANTA Sports Products Ltd.

11.5 BRG Sports Inc.

11.6 Certor Sports LLC

11.7 Champro Sports

11.8 Douglas Pads

11.9 EZ GARD Industries Inc.

11.10 Franklin Sports Inc.

11.11 Grip Boost Inc.

11.12 Nike Inc.

11.13 Rawlings Sporting Goods Co. Inc.

11.14 Under Armour Inc.

11.15 Varsity Brands Holding Co. Inc.

11.16 VOIT Corp.

11.17 Xenith LLC

12 Appendix

12.1 Scope of the report

12.2 Inclusions and exclusions checklist

12.3 Currency conversion rates for US$

12.4 Research methodology

12.5 List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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