Global Cricket Equipment Market Insights Forecasts to 2033

• The Global Cricket Equipment Market Size was Valued at USD 634.80 Million in 2023
• The Market Size is Growing at a CAGR of 6.01% from 2023 to 2033
• The Worldwide Cricket Equipment Market Size is Expected to Reach USD 1137.8 Million by 2033
• Europe is Expected to Grow the fastest during the forecast period

The Global Cricket Equipment Market Size is Anticipated to Exceed USD 1137.8 Million by 2033, Growing at a CAGR of 6.01% from 2023 to 2033.

Market Overview

Cricket equipment includes several specialized equipment and accessories that cricket players use. Cricket is a bat-and-ball game played by two teams of eleven players. Players also use safety equipment, like a ball, bat, batting gloves, abdominal guard, wicket-keeping gloves, thigh guard, forearm guard, shin pads, leg pads, stump and bails, helmets, pads, and gloves, to protect themselves from the opposition's fast deliveries. Fielders use gloves to catch the ball, while the wicketkeeper wears additional protection when standing behind the stumps. This equipment is being created and produced according to the consumers. Several raw materials are utilized for each product and size of the equipment. The players are required to the better protected with higher-quality equipment. Cricket is an England national sport and it is popular in the United Kingdom, India, Pakistan, Sri Lanka, Bangladesh, and Australia, etc. There is an increasing global need for cricket equipment for junior/youth, women, and men. According to the cricket equipment market study, the technology sector is witnessing substantial changes, with both established and rising organizations modifying their strategy to address both long-term chances and short-term obstacles. One of the main attractions of the cricket equipment industry is its rapid growth rate.

Report Coverage

This research report categorizes the market for the global cricket equipment market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global cricket equipment market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global cricket equipment market.

Driving Factors

The increasing growth in the popularity of cricket is a primary driving factor for the global cricket equipment market. Because the youth and children are increasing the health and fitness awareness about the fitness & extra activities attract towards the cricket. The global cricket equipment market is being driven by advancements in the manufacturing process, the availability of different raw materials, increasing demand, trend awareness, product pricing, quality of the product, the rise of trending sports events, luxurious lifestyles, disposable income, endorsements from celebrities, and equipment innovation. In addition, nowadays at the institute level and university level a demand for big cricket tournaments. The cricket kit market is expected to grow due to the growth of cricket leagues in India, England, and Australia, as well as the popularity of T20 tournaments, such as Big Bash, IPL, and T20 Blast, which are hosted worldwide, making them popular spectator events. Government spending on infrastructure and technological advancements, along with increased investments in sports analytics and affordable equipment. Hence, these factors are significantly driving the growth of the global cricket equipment market.

Restraining Factors

The fluctuation of the raw material cost affects product manufacturing to restricts the growth of the global cricket equipment industries during the forecast period. cricket development may be hampered due to a lack of practice grounds, coaching academies, and other infrastructure. Hence these factors are hampering the global cricket equipment market during the forecast period.

Market Segmentation

The global cricket equipment market share is classified into product type, price point, distribution channel, and end user.

• The bats segment is expected to hold the largest share of the global cricket equipment market during the forecast period.

Based on the product type, the global cricket equipment market is divided into bats, balls, protective gear, and others. Among these, the bats segment is expected to hold the largest share of the global cricket equipment market during the forecast period. The segmental growth can be attributed to the bat being an essential instrument in the cricket world players require high-quality bats throughout the players. Professional players' decisions and endorsements impact customer preferences, increasing the popularity of specific bat types.

• The medium segment is expected to hold the largest share of the global cricket equipment market during the forecast period.   

Based on the price point, the global cricket equipment market is divided into economical, medium, and high. Among these, the medium segment is expected to hold the largest share of the global cricket equipment market during the forecast period. The growth can be attributed to the medium category's popularity because it offers a compelling combination of sophisticated features, durability, and reasonable pricing.

• The sports retail stores segment is expected to hold the largest share of the global cricket equipment market during the forecast period.

Based on the distribution channel, the global cricket equipment market is divided into hypermarkets/supermarkets, sports retail stores, branded outlets, online stores, and others. Among these, the sports retail stores is expected to hold the largest share of the global cricket equipment market during the forecast period. The growth can be attributed to cricket equipment, such as bats, balls, protective gear, apparel, and accessories, which are commonly available at sports retail outlets. Sports retail establishments allow buyers to personally examine and try cricket equipment before making a purchase.

• The men segment is expected to hold the largest share of the global cricket equipment market during the forecast period.

Based on the end user, the global cricket equipment market is divided into men, women, and kids. Among these, the men is expected to hold the largest share of the global cricket equipment market during the forecast period. The segmental growth can be attributed to the men's increasing participation in cricket tournaments is expected to propel the men's segment of the overall industry. Last few years men have participated in professional international cricket games more than women.

Regional Segment Analysis of the Global Cricket Equipment Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• Latin America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

Asia Pacific is anticipated to hold the largest share of the global cricket equipment market over the predicted timeframe.

Asia Pacific is anticipated to hold the largest share of the global cricket equipment market over the predicted timeframe. In this region, cricket plays huge dedicatedly in following countries like India, Australia, Pakistan, and Sri Lanka resulting in the presence of large fan followers to encourage the cricket players. The sport's excited fan base supports a significant market for high-quality cricket equipment, which wide ranges from bats and balls to protective equipment. As cricket becomes more popular in the area, the market develops significantly, with both professional and amateur players increasing purchases. The Asia Pacific market is projected to grow significantly owing to numerous improvements in the industry to produce sporting goods with high-quality natural raw materials.

Europe is expected to grow at the fastest pace in the global cricket equipment market during the forecast period. Increased investment in the sport is likely to boost market growth. The expanding number of cricket contests in this region, such as the Kia Super League, Hamburg Cricket Championship, Europe Cricket League, and many others, help to drive market growth.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global cricket equipment market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of overall competition within the market.

List of Key Companies

• Gunn & Moore
• Beat All Sports
• Sanspareils Greenlands
• Kookaburra
• Blankbats
• Sommers
• Kippax Willow Limited Company
• Bradbury
• Spartan Sports
• Gray-Nicolls
• Puma
• Salix Cricket Bat Co. Ltd.
• Slazenger
• Sareen Sports Industries
• Adidas
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In September 2021s, PUMA collaborated with royal challengers Bangalore (RCB) from the Indian premier league (IPL) to create a new athleisure collection. PUMA also manufactures and distributes Virat Kohli's exclusive eight sports and lifestyle merchandise.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global cricket equipment market based on the below-mentioned segments: 

Global Cricket Equipment Market, By Product Type

• Bats
• Balls
• Protective Gears
• Others

Global Cricket Equipment Market, By Price Point

• Economical
• Medium
• High

Global Cricket Equipment Market, By Distribution Channel

• Hypermarkets/Supermarkets
• Sports Retail Stores
• Branded Outlets
• Online Stores
• Others

Global Cricket Equipment Market, By End User

• Men
• Women
• Kids

Global Cricket Equipment Market, By Region

•  North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of Middle East & Africa