A recent research by Fact.MR projects the global Soccer Goalkeeper Gloves Market to register a sluggish CAGR during the forecast period 2018 to 2026. Gloves form a part of equipment utilized by soccer goalkeepers. Gloves enhance the grip of hands on the ball, and prevent possible injuries to hands of a goalkeeper.
Gloves are a part of equipment used by soccer goalkeepers. Soccer goalkeepers wear gloves, for improving their grip, and prevent themselves from any injury. Some soccer goalkeeper gloves have rigid plastic spines running down each finger, preventing injuries such as sprained and jammed fingers. A right pair of gloves make the difference between good effort and brilliant save.
The number of youth population participating in soccer has been witnessing a gradual rise over the recent past. This factor has further led to demand for soccer equipment and accessories. Soccer gloves are usually made from materials such as Polyurethane (PU), leather-like materials, and various grades of latex. However, a large number of players are witnessed to have adverse side-effects when their skin is exposed to latex material. Moreover, inhalation of materials such as PU and latex have been observed to cause asthma and several other breathing disorders. These factors are impacting demand for soccer gloves. In addition, no evidence has proved that soccer gloves can completely prevent hand injuries such as wrist and forearm injuries. This further provides opportunity for soccer gloves manufacturers to come up with innovations and developments in gloves, which would guarantee complete safety of hands for soccer goalies. Gloves are not considered to be a mandatory attire in soccer, but the players opt for its adoption on the back of its few advantages. The aforementioned factors might impact growth of the global soccer goalkeeper gloves market in the upcoming years.
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Roll finger gloves are estimated to remain preferred among soccer goalkeepers, followed by flat palm gloves. Sales of flat palm goalkeeper gloves are projected to exhibit the lowest CAGR through 2026, based on glove type.
In terms of revenues, modern trade will continue to be the largest sales channel for soccer goalkeeper gloves during 2017 to 2026. Revenues from sales of soccer goalkeeper gloves in modern trade will account for over one-fourth market share throughout the forecast period.
On the basis of buyer type, individual segment is expected to retain its dominance in the global soccer goalkeeper gloves market. Revenues from individual segment are expected to hold approximately 60% share of the market during the forecast period. Demand for soccer goalkeeper gloves in promotional segment will remain sluggish through 2026.
Europe is estimated to remain the most attractive market for soccer goalkeeper gloves. However, sales of soccer goalkeeper gloves in North America and Asia-Pacific excluding Japan (APEJ) will continue to register a relatively higher CAGR than that in Europe through 2026. APEJ will remain comparatively more lucrative than North America in the global soccer goalkeeper gloves market.
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9 Key Takeaways from Fact.MR’s Report on Global Soccer Goalkeeper Gloves Market
Individual buyer type segment will continue to remain dominant in the global market for soccer goalkeeper gloves, with revenues estimated to account for nearly 60% market share during 2018 to 2026.
Soccer goalkeeper gloves sales in promotional buyer type segment are expected to register a sluggish expansion through 2026.
Europe will continue to be the most lucrative region in the market.
Soccer goalkeeper gloves market in Asia-Pacific excluding Japan (APEJ), and North America will exhibit a comparatively faster expansion than in Europe through 2026. The market in APEJ is expected to be more lucrative compared to the market in North America.
Modern trade is estimated to remain the most attractive sales channel in the global soccer goalkeeper gloves market, in terms of revenues. Revenues from modern trade segment are poised to hold more than one-fourth share of the market during the forecast period.
Third party online will continue to be the fastest expanding sales channel for the soccer goalkeeper gloves, to gain 83 BPS in market share by the end of 2026.
Roll finger soccer goalkeeper gloves will remain the most lucrative glove type segment, followed by flat palm soccer goalkeeper gloves. Flat palm gloves sales are expected to register the lowest CAGR through 2026.
Sales of negative cut gloves, and roll finger gloves are estimated to exhibit similar CAGRs through 2026.
Key players profiled in Fact.MR’s report on the global soccer goalkeeper gloves market include Diadora Sports S.r.l, Uhlsport GmbH, Wilson Sporting Goods Co., Reusch GmbH, SELECT SPORT A/S, Umbro, Under Armour, Inc., PUMA SE, NIKE, Inc., and Adidas.
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