Global Lacrosse Equipment Market 2017-2021
Published: Dec 2016 | Pages: 87 | SKU: IRTNTR11133 |
Global lacrosse equipment market forecast
According to the lacrosse equipment market growth statistics, the global lacrosse equipment market will grow steadily during the forecast period and post a CAGR of almost 3% by 2021. This industry research report identifies the increasing participation at high school and collegiate levels to be one of the major factors that will have a positive impact on the growth of this market in the coming years. With the emergence of several youth teams and camps, lacrosse is gaining increased popularity across the world, especially in the Americas where the female participation is rising at a faster pace. It has been observed that the participation among the students from high schools is more than the participation rate at the collegiate level. The recent years also witnessed an increased participation in the National Collegiate Athletic Association (NCAA) championship in the US. This increasing level of participation in the sport will subsequently increase the demand for the associated equipment, thereby, fueling market growth in the coming years.
This market research and analysis estimates that in terms of geographical regions, Europe will be the major revenue contributor to the market throughout the next four years. The region consists of several countries that are active participants in the sport such as England, Italy, the Netherlands, Norway, the Czech Republic, Poland, Sweden, Wales, Austria, Belgium, Germany, Finland, Spain, France, and Ireland. The presence of a number of established associations and clubs for the sport such as the European Lacrosse Federation (ELF) and the increasing popularity of the sport will be the major factors driving the demand for lacrosse equipment in this region.
Competitive landscape and key vendors
The market is mainly concentrated in the developed countries of the Americas and Europe and is characterized by the presence of multiple active vendors. Lacrosse equipment manufacturers are constantly focusing on identifying opportunities to expand their geographical presence to increase their customer base. With the increasing participation in the sport among students from schools and colleges, vendors in the market will experience a rise in the demand for lacrosse equipment, which will intensify the market’s competitive environment. Lacrosse equipment companies mainly compete on factors such as product pricing, quality, brand, and a variety of products and are also concentrating on deducing effective strategies to increase their market shares.
The leading vendors in the market are
- East Coast Dyes (ECD)
- Nike
- StringKing
- Under Armour
- Warrior Sports
The other prominent vendors in the market are A&R, Champion Sports, CHAMPRO Sports, Epoch Lacrosse, STX, and Stylin Strings.
Segmentation by product type and analysis of the lacrosse equipment market
- Protective gears
- Lacrosse sticks
- Lacrosse balls
- Accessories
Based on the lacrosse equipment industry analysis, the protective gears segment accounted for the major shares and dominated the market. The increasing demand for protective gears, owing to the changing regulations that mandate their usage will drive the market’s growth prospects in the coming years. The level of vendor competition in the market is intense and companies follow strategies such as celebrity endorsements and increased R&D investments to enhance their customer base.
Segmentation by distribution channel and analysis of the lacrosse equipment market
- Sporting goods retailers
- Department stores, hypermarkets, and supermarkets
- Online retail
According to this market research and analysis, the sporting goods retailers segment accounted for the major shares and dominated the market during 2016. The increased customer preference is due to the availability of products from a wide range of brands. Analysts predict that this segment will continue to dominate the market throughout the next four years as well.
Want a bigger picture? Try a FREE sample of this report now!
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global lacrosse equipment market?
- What are the key market trends impacting the growth of the global lacrosse equipment market?
- What are the challenges to market growth?
- Who are the key vendors in the global lacrosse equipment market?
- What are the market opportunities and threats faced by the vendors in the global lacrosse equipment market?
- Trending factors influencing the market shares of the Americas, APAC, Europe, and MEA.
- What are the key outcomes of the five forces analysis of the global lacrosse equipment market?
Technavio also offers customization on reports based on specific client requirement.
Related reports
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
- Market overview
- Top-vendor offerings
PART 03: Market research methodology
- Research methodology
- Economic indicators
PART 04: Introduction
- Key market highlights
PART 05: Market landscape
- Global sports equipment market: Overview
- Global lacrosse equipment market
- Five forces analysis
- PESTLE analysis
PART 06: Market segmentation by product
- Global lacrosse equipment market by product
- Global lacrosse protective gears market
- Global lacrosse sticks market
- Global lacrosse balls market
- Global lacrosse accessories market
PART 07: Market segmentation by type
- Global lacrosse equipment market by type
- Global field lacrosse equipment market
- Global women lacrosse equipment market
- Global box lacrosse equipment market
PART 08: Market segmentation by distribution channel
- Global lacrosse equipment market by distribution channel
PART 09: Geographical segmentation
- Global lacrosse equipment market by geography
- Lacrosse equipment market in Europe
- Lacrosse equipment market in Americas
- Lacrosse equipment market in APAC
- Lacrosse equipment market in MEA
PART 10: Key leading countries
- Lacrosse equipment market in Canada
- Lacrosse equipment market in the US
- Lacrosse equipment market in the UK
- Lacrosse equipment market in Australia
- Lacrosse equipment market in the Czech Republic
PART 11: Market drivers
- Growing participation at high school and collegiate levels
- Multiple sporting skills and involvement rate across regions
- Multiple platforms spurring involvement and engagement
PART 12: Impact of drivers
PART 13: Market challenges
- Lack of quality coaching
- Injuries associated with the sport
- High cost of equipment
PART 14: Impact of drivers and challenges
PART 15: Market trends
- Rise in the number of specialty camps
- Transformation from niche popularity to mainstream popularity
- Focus on the inclusion of lacrosse in Olympic Games 2024
PART 16: Competitor landscape
- Competitive scenario
PART 17: Key competitor analysis
East Coast Dyes (ECD)
- Nike
- StringKing
- Under Armour
- Warrior Sports
- Other prominent vendors
PART 18: Appendix
- List of abbreviations
PART 19: Explore Technavio
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
PURCHASE FULL REPORT OF
market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
Why should you prefer Technavio's market insights report?
- Off-the-shelf research reports
- Reports can be tailored to meet the customer's needs
- Trusted by more than 100 fortune 500 organizations
- Information about the market's key drivers, trends, and challenges
- Parent market analysis
- Every week, 50,000 people visit our subscription platform
- Detailed vendors report with competitive landscape
- Covid-19 impact and recovery analysis
- Data on revenue-generating market segments
- Details on the market shares of various regions
- Five-force market analysis