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Latest market research report titled Global Rugby Equipment Market 2024-2028

Rugby Equipment Market Size Is Set To Grow By $1.16 bn From 2024-2028

The global rugby equipment market size is estimated to grow by USD 1.16 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 6.35% during the forecast period. Growth in development programs of rugby union is driving market growth, with a trend towards increasing sales of rugby equipment through digital and social media marketing. However, the high risk of fatal injuries associated with rugby equipment poses a challenge. Key market players include Adidas AG, Aramis Rugby Ltd., ASICS Corp., BADGER RUGBY LTD, BLK International Pty Ltd, Grays of Cambridge Ltd, Harrods Ltd., KOOGA, Mitre Sports International Ltd., Mizuno Corp, Nike Inc., OPRO International Ltd, Optimum Design UK Ltd, Pentland Brands Ltd., PREDATOR Richter Engineering, PUMA SE, Ram Rugby, Rhino Sports and Leisure LLC, Samurai Sports, and Under Armour Inc.

Key Market Trends Fueling Growth

The rugby equipment market is experiencing significant growth. Due to the increasing use of digital and social media marketing by vendors. Platforms like Instagram, Facebook, and Twitter are popular choices for enhancing product visibility and reaching potential customers. Brands such as Nike and Adidas have strong presence on these sites. Delivering social messages and increasing sales. With the growing number of internet and smartphone users, social media and digital marketing are essential tools for vendors to compete in the global market. These initiatives are expected to drive market growth over the coming decade.

Market Challenges

  • The rugby equipment market faces challenges due to the high risk of injuries in the sport. On average, each player performs 20-40 tackles per match, leading to an average of one-third of players getting injured during one season. Injuries include muscular strains or contusions (40%), sprained ankles (14%), and head injuries (25%), of which 44% are concussions.
  • With head injuries accounting for a significant portion, the risk is a concern, potentially discouraging participation and impacting market growth. Injuries in rugby are three times higher than soccer injuries, with the age group 10-18 experiencing the most.
  • The Rugby Equipment Market faces several challenges. Equipment such as rugby balls, boots, protective gear, and training tools are essential for the sport. However, ensuring quality and affordability is a constant concern. Offline retailers face competition from online stores, making it necessary to offer competitive pricing and convenient shopping experiences.

Research Analysis

Rugby Group Near Me

Rugby boots are engineered for optimal traction, comfort, and support, enhancing an Athlete’s performance on the field. Protective gears, such as mouthguards, helmets, and pads, ensure the safety and well-being of Athletes during matches. Rugby Equipment plays a significant role in Leisure and Entertainment. With Rugby unions and the Olympic Games showcasing the sport on a global stage. Advanced technologies like GPS are integrated into Rugby Equipment to monitor and analyze an Athlete’s performance, providing valuable insights for training and improvement.

Market Research Overview

Protective gear, such as mouthguards, helmets, and pads, shield players from injuries. Training equipment, like gym machines and resistance bands, helps players build strength and endurance. Online and physical retailers offer a vast selection of rugby equipment, catering to the needs of teams and individual players alike. The market continues to evolve with advancements in technology and materials, providing players with superior equipment for optimal performance.

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities. This develops 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.

Disclaimer: The above content is originally posted on prnewswire.com. We have reposted the article. The relevant information is provided by Technavio. All credit goes to their respective Copy Right Holders. ( Technavio )

Source Link: www.prnewswire.com

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