Amer Sports Corporation and 37 Other Key Players Dominating the Thriving Sports Gloves Market: In-Depth Report Analysis

Amer Sports Corporation and 37 Other Key Players Dominating the Thriving Sports Gloves Market: In-Depth Report Analysis

DUBLIN, Oct. 16, 2023 /PRNewswire/ — The “Sports Gloves – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.

The global market for Sports Gloves is witnessing steady growth, with an estimated value of US$1.4 billion in 2022. Projections indicate that this market will reach a size of US$2 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 3.8% over the analysis period from 2022 to 2030.

The Boxing Gloves segment is set to record a CAGR of 4.4% and is expected to reach US$743.5 million by the end of the analysis period, while the Baseball Gloves segment is estimated to grow at a CAGR of 3.4% over the next eight years.

Key Players

The report features a comprehensive analysis of the Sports Gloves market, including prominent players such as Amer Sports Corporation, Extra Innings, Inc., Drop Boxing & Athletic Wellness Inc., Bionic Gloves, 1byone, Inc., Easton Diamond Sports, LLC, Errea` Sport S.P.A., DIAMOND SPORTS, Concept Sport Company Limited, Amer Sports Italia S.p.A., Catsports, Adastria Company Limited, Aquilinas Importing Pty Limited, Cala Del Forte, and Celgene Corporation, with a total of 38 featured competitors.

Regional Insights

  • The Sports Gloves market in the U.S. is estimated at US$461.2 million in 2022.
  • China, the world’s second-largest economy, is forecasted to reach a projected market size of US$230.1 million by 2030, with a CAGR of 6.3% from 2022 to 2030.
  • Japan and Canada are expected to grow at 2.3% and 3.5%, respectively, over the 2022-2030 period.
  • Germany in Europe is forecasted to grow at approximately 2.9% CAGR.

Economic Outlook

The global economic outlook is showing signs of improvement, with a gradual recovery anticipated for the current year and beyond. Despite some challenges, such as uncertainty related to the war in Ukraine, slower-than-expected

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Rock Climbing Equipment Market to register a growth of USD 582.89 million at a CAGR of 5.63%| Amer Sports Corp. and CAMP USA Inc. are the Key Vendors| Technavio

Rock Climbing Equipment Market to register a growth of USD 582.89 million at a CAGR of 5.63%| Amer Sports Corp. and CAMP USA Inc. are the Key Vendors| Technavio

Key vendors insights

The rock climbing equipment market is fragmented, and the vendors are deploying various organic and inorganic strategies to compete in the market. The rock climbing equipment market is dominated by a few well-established players, such as Amer Sports Corp., and CAMP USA Inc. Therefore, to survive and succeed in a stiff competitive environment, it becomes imperative for vendors in the market to differentiate their product and service offerings through a clear and unique value proposition.

Some of the key market vendors are:

  • Amer Sports Corp.
  • Black Diamond Equipment Ltd.
  • CAMP USA Inc.
  • DMM International
  • Gipfel Climbing Equipment
  • Great Trango Holdings Inc.
  • Mammut Sports Group AG
  • Metolius Climbing
  • Outdoorplay Inc
  • PETZL Distribution

Product News and Vendor insights

  • Amer Sports Corp. – The company offers advanced sports equipment, footwear, apparel and accessories which improve performances and increase the enjoyment of sports and outdoor activities.
  • CAMP USA Inc. – The company manufactures equipment for sport climbing, trad climbing, ice climbing, mountaineering, and alpinism.

For more detailed highlights on products offerings and the growth strategies adopted by the vendors, Download free sample report

Parent Market Outlook

The rock climbing equipment market will be driven by factors such as awareness about the health benefits of rock climbing. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the rock climbing equipment market during the forecast period.

Rock Climbing Equipment market trend

  • Easy internet access and online reviews

The arrival of online reviews and easy internet access is one of the key trends driving the rock climbing equipment market share growth. The demand for adventure tourism has been increased significantly due to the development of online retailing, web portals, and internet affordability. Moreover, the users are able

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Amer Sports Holding 1 Oy — Moody’s changes outlook on Amer Sports’ B3 ratings to positive

Amer Sports Holding 1 Oy — Moody’s changes outlook on Amer Sports’ B3 ratings to positive

Rating Action: Moody’s changes outlook on Amer Sports’ B3 ratings to positiveGlobal Credit Research – 14 Jan 2022Madrid, January 14, 2022 — Moody’s Investors Service (“Moody’s”) has today changed to positive from stable the outlook on the ratings of Amer Sports Holding 1 Oy’s (Amer Sports), a global sporting goods company. Concurrently, Moody’s has affirmed the company’s B3 corporate family rating (CFR) and its B3-PD probability of default rating (PDR). Moody’s has also affirmed the B3 ratings on the E1,700 million guaranteed senior secured term loan B (TLB) due 2026 and the E315 million guaranteed senior secured revolving credit facility (RCF) due 2025, both borrowed by Amer Sports’ subsidiary, Amer Sports Holding Oy.”The outlook change to positive reflects Amer Sports’ sustained strong operating performance, which will lead to a faster deleveraging profile than previously anticipated, with Moody’s adjusted gross leverage ratio reducing to below 6.5x over the next 12-18 months,” says Pilar Anduiza, Moody’s lead analyst for Amer Sports.A full list of affected ratings can be found at the end of this press release.RATINGS RATIONALEAmer Sports’ operating performance in 2021 has exceeded Moody’s expectations at the beginning of the year. Consumer demand for sports apparel, footwear and individual ball sports equipment has proven to be stronger than expected across all segments, driving revenue growth of 29% YTD September 2021. The Chinese market, which is predominantly direct-to-consumer (D2C), continued to outperform other segments reaching an estimated E300 million in revenues in 2021, compared with E190 million in 2019.In 2021, the company voluntarily prepaid E100 million of its TLB and E162 million drawings under the RCF in 2021. As a result, Amer Sports’ financial leverage, measured as Moody’s adjusted gross debt to EBITDA, improved to around 7.2x in 2021 from 10x in 2020.Moody’s expects the company’s sales growth to continue to be

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USD 13.81 Bn growth in Yoga Clothing Market | adidas AG, Amer Sports Corp., and ASICS Corp. identified as dominant players

USD 13.81 Bn growth in Yoga Clothing Market | adidas AG, Amer Sports Corp., and ASICS Corp. identified as dominant players

Key Market Dynamics:

  • Market Driver
  • Market Challenges

The growing number of yoga practitioners and innovations in yoga apparel leading to product premiumization are some of the key market drivers. However, factors such as unpredictable raw material prices will challenge market growth.

Buy our full report for detailed insights on key drivers, trends, and challenges.
Download Our Free Sample Before Purchasing

The yoga clothing market report is segmented by Product (Bottom wear, Top wear, and Accessories), End-user (Women and Men), and Geography (North America, Europe, APAC, South America, and MEA). North America will be the leading region with 30% of the market’s growth during the forecast period. The US is the key market for yoga clothing in North America.

View our Free Sample Report for additional highlights on the top revenue-generating segments, regions, and key countries in the yoga clothing market.

Some Companies Mentioned:

  • adidas AG
  • Amer Sports Corp.
  • ASICS Corp.
  • Hanesbrands Inc.
  • lululemon athletica Inc.
  • To gain access to more vendor profiles with their key offerings available with Technavio, Click Here

Related Reports:

Global Yoga Accessories Market – Globalyoga accessories market is segmented by product (yoga mats, yoga straps, yoga blocks, and others), distribution channel (offline and online), and geography (North America, Europe, APAC, South America, and MEA).
Download Exclusive Free Sample Report

Global Yoga Mat Market – Global yoga mat market is segmented by distribution channel (offline and online) and geography (APAC, Europe, MEA, North America, and South America).
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Yoga Clothing Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of almost 7%

Market growth 2021-2025

USD 13.81 billion

Market structure

Fragmented

YoY growth (%)

5.86

Regional analysis

North

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