The global cricket equipment market is projected to grow by $2,536.35 from 2023 to 2028, representing a compound annual growth rate (CAGR) of 3.28 percent, according to a recent report by research and advisory firm Technavio. Growth will be primarily driven by the increase in the number of cricket tournaments, due to the raised participation of frequent players in the past few years. Other growth factors include the rising mass media appeal and sponsorships and the strong governing bodies for cricket sport.
Europe is estimated to contribute 46 percent to the growth of the global market during the forecast period. In Europe, the cricket equipment market is dominated by countries like the UK, Germany, France, Spain, and Italy. High demand in the continent is driven by increased participation in cricket and the presence of high-quality cricket infrastructure. By product, the cricket equipment market is classified into cricket bats, cricket balls, cricket protective gear, and others. The cricket bats segment is forecast to witness significant growth during the forecast period.
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