The American football equipment market is forecast to grow in the U.S. at a compound annual growth rate (CAGR) of 3.97 percent from 2016 through 2020, according to market research company ReportLinker.
The report covers the present scenario and the growth prospects of the American football equipment market in the U.S. for 2016-2020. To calculate the market size, the report considered the revenue generated from the retail sales of different types of football equipment to individual consumers, clubs and sports organizations.
The market is divided into the following segments: protective gear, helmets, cleats, balls and training equipment.
Secondary research provider Technavio’s report, American Football Equipment Market in the U.S. 2016-2020, was prepared based on market analysis with input from industry experts. The report covers the market landscape and its growth prospects over the coming years. It also includes a discussion of the key vendors operating in this market, including Adidas, Amer Sports, BRG Sports, Nike, Schutt Sports, Under Armour and Xenith.
The report identified increasing youth participation as a main market driver, while lack of Asian and Hispanic participation was listed as a market challenge. One highlighted market trend is growing participation of women.
Research methodology was based on primary and secondary research. Primary research included in-depth interviews with industry experts, vendors, re-sellers and customers. Secondary research included Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
Read the full report here.
