All Technavio articles
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ArticleBoxing equipment market to accelerate at a CAGR of 4% by 2027
Factors include youth programs, urbanization, and rising female participation, but face challenges like infrastructure and injuries.
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News briefsCricket equipment market to grow at a CAGR of 3.28% by 2028
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, ...
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News briefsSports bicycle market to grow at a CAGR of 6.19% from 2022 to 2027
The sports bicycle market is expected to grow at a compound annual growth rate (CAGR) of 6.19 percent from 2022 to 2027, according to a new 160-page report by research firm Technavio. Growth is driven by increasing fuel prices, which boost the demand for sports bicycles. Most Europeans now use ...
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ArticleThe home fitness equipment market will grow at a CAGR of 9% through 2027
The home fitness equipment market is posting a year-over-year growth of 8.55 percent in 2022-2023 and is expected to grow by US$3.1 billion from 2022 to 2027, according to a new report by research firm Technavio.The market will progress at a compound annual growth rate (CAGR) of 9 percent during ...
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ArticleSports sunglasses market to grow at a CAGR of 7.3% by 2027
The sports sunglasses market is projected to grow at a compound annual growth rate (CAGR) of 7.3 percent from 2022 to 2027 and to post a 6.8 percent year-over-year growth rate in 2023, according to a recent 156-page report by research firm Technavio. Market growth is driven by the rising ...
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News briefsGlobal ski equipment market to post 5.15% CAGR by 2026
The ski equipment market is projected to progress at a compound annual growth rate (CAGR) of 5.15 percent from 2021 to 2026, according to a new report by research firm Technavio. Growth will be primarily driven by increasing participation rates in skiing and other snow sports. The rising trend of ...
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News briefsGlobal racquet sports equipment market to post 2.78% CAGR to 2026
The racquet sports equipment market is projected to increase by US$469.78 million from 2021 to 2026, representing a compound annual growth rate (CAGR) of 2.78 percent, according to a recent report by research firm Technavio. In 2022, the market increased by 2.3 percent, recovering from the negative impact of the ...
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News briefsSnow sports apparel market to grow 6% by 2027
The snow sports apparel market is estimated to increase by US$1.65 billion from 2022 to 2027. The market will be progressing at a compound annual growth rate (CAGR) of 6.12 percent, according to a new report by tech research and advisory firm Technavio. Growth is being driven by the rising ...
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News briefsFootball equipment market to grow 2.59% CAGR by 2027, propelled by eco-friendly products
The football equipment market is estimated to grow by $2,021.66 million from 2022 to 2027, representing a compound annual growth rate of 2.59 percent during the forecast period, according to a recent research report by Technavio. Europe, which accounted for the largest share of the global market in 2022, is ...
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News briefsSports sunglasses market to register 7.53% CAGR by 2026
The global sports sunglasses market is projected to grow by US$1.40 billion between 2021 and 2026, representing a CAGR (compound annual growth rate) of 7.53 percent, according to a recent research report by Technavio. The market is driven by the growing popularity of sunglasses among the youth and middle-aged population. ...
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News briefsThe market for golf equipment will continue to grow, albeit at a slower pace
According to a recent 171-page report by Technavio, titled “Global Golf Equipment Market 2023-2027,” the global golf equipment market is forecasted to grow by US$1,418.41 million from 2022 to 2027. While the market size is growing, however, the growth momentum will decelerate during this forecast period, with a decline of ...
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News briefsBoxing equipment market to post 4.07% CAGR by 2027
The boxing equipment market is projected to increase by US$260.17 million from 2022 to 2027, at a compound annual growth rate of 4.07 percent, according to a recent market study by Technavio. The increase year-over-year in 2023 is expected to be 3.6 percent. The growth of the boxing equipment market ...
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News briefsGlobal squash equipment market to post 2.14% CAGR to 2026
The global squash equipment market is projected to grow by $75.2 billion from 2021 to 2026, marking a compound annual growth rate (CAGR) of 2.14 percent during the 2022-26 forecast period, according to a recent report by research and advisory firm Technavio. Growth is being driven primarily by the introduction ...
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News briefsGlobal rugby equipment market to post 5.57% CAGR to 2026
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 ...
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News briefsScuba diving equipment market to post CAGR of 3% by 2024
The scuba diving equipment market is expected to post a compound annual growth rate (CAGR) of 3 percent in the 2019-2024 period, according to a new report by global technology research and advisory firm Technavio. Growth is being driven by the rising popularity of water sports in general and the ...
