The global rugby equipment market is projected to grow at a compound annual growth rate (CAGR) of 5.57 percent during the 2021-26 forecast period, representing market growth of $730.08 million, according to a new 120-page report by market research firm Technavio.
Growth for 2022 is projected at 4.82 percent. The main growth opportunities are expected to come from development programs of rugby union, the transformation from niche to main sports and the health benefits associated with rugby as a sport, the analysts said. Growth, however, will be challenged by the high risks of fatal injuries in rugby disciplines, inconsistent raw-materials prices and the absence of required sports infrastructures.
