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Trends in Cricket Equipment Market | Forecasts To 2023

Added: (Thu May 23 2019)

Pressbox (Press Release) - “Global Cricket Equipment Market Report 2019” report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.

Global Cricket Equipment Market Overview:

The report spread across 125 pages is an overview of the Global Cricket Equipment Market Report 2019. The Global Cricket Equipment Market is projected to grow at a healthy growth rate from 2019 to 2023 according to new research. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The thorough analysis in this report enables investors, CEOs, traders and suppliers to understand the market in a better way and based on that knowledge make well-informed decisions.

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The Global Cricket Equipment Market is Valued at 13.0 Million $ in 2018 and will reach 15.0 Million $ by the end of 2023.

The market report analysis identifies the consumers’ shift towards healthy lifestyles as one of the key growth factors for the Global Cricket Equipment Market. The recent years witnessed a gradual shift in the preference of consumers toward active and healthy activities to compensate the hectic and sedentary lifestyles. In addition, the rapid growth in the number of illnesses is also influencing people to opt for physical activities to remain healthy. Due to the health benefits such as wellness and stress relief associated with sport activities, there are a rising number of people participating in sports such as football, cricket and running. With the growing health-consciousness among consumers several organizations are focusing on establishing clubs and physical activity centers.

Industry News: Nike Unveils New Team India Cricket Kit –

In a country obsessed with cricket, the Indian cricket team jersey symbolizes the support of millions of fans for the men and women in blue. And it provides inspiration to thousands of young cricketers who aspire to represent the country at the world stage.

“The game has been evolving over the years and the need to have kits that are designed to suit the modern game has always been the priority for the team management and Nike," says MS Dhoni, India Cricket team wicketkeeper and batsman. "Features like the 4D quickness and Zero distractions will definitely help the team inside the ropes."

In terms of the geographic analysis, Asia-Pacific region accounted for the major shares of the Cricket Equipment Market during 2016 and will continue to retain its dominant position during the forecast period as well. The growing popularity of cricket among the countries in the region such as India, New Zealand, Pakistan, Australia, Bangladesh, and Sri Lanka will trigger the growth of the market in this region. Moreover, the robust promotion of cricket among the countries in the region will also contribute to the growth of the market.

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Top Leading Key Manufacturers are: Gray-Nicolls, Gunn & Moore, Sanspareils Greenlands, Kookaburra, Sareen Sports, Slazenger, Adidas, Puma, British Cricket Balls, CA Sports, Nike, Woodworm Cricket, Kippax, Sommers and others. New product launches and continuous technological innovations are the key strategies adopted by the major players.

Region segment: This report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Cricket Equipment in these regions, from 2013 to 2023 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America

With the presence of a large pool of participants, the Global Cricket Equipment Market is displaying a highly competitive business landscape, finds a new research report by Business Industry Reports (BIR). Gray-Nicolls, Gunn & Moore, Slazenger, Adidas, Puma, British Cricket Balls, CA Sports, Nike, etc. are some of the key vendors of Cricket Equipment across the world. These players across Cricket Equipment Market are focusing aggressively on innovation, as well as on including advanced technologies in their existing products.

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In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Cricket Equipment Market.

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Submitted by:shreyesh kulkarni
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