LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors for the global cricket equipment market in their latest research report. This report also lists 12 other prominent vendors who are expected to contribute to this market’s growth over the forecast period.
To identify the top vendors, Technavio’s market research analysts have considered the top contributors to the overall revenue of this market. To calculate the market size, the report considers revenue generated from IT services such as consulting and system integration, among others.
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“The cricket equipment market in Europe is likely to reach USD 40.52 million by 2020. Despite few countries that take to cricket as a popular sport, Europe occupies the second-largest share of the global cricket equipment market. It is expected to continue its position during the forecast period as well. England, Ireland, Scotland, Belgium, Germany, Italy, France, and Denmark are some of the countries in Europe that participate in cricket, and thanks to its growing adoption it will still continue to be a major revenue contributor to the global cricket protective gear market,” said Brijesh Kumar Choubey, one of Technavio’s lead analysts for retail goods and services.
Top five leading vendors in the global cricket equipment market:
Adidas
Adidas is headquartered in Herzogenaurach, Germany. The company offers clothing, footwear, and equipment for sports such as cricket, cycling, hockey, rugby, weightlifting, swimming, badminton, golf, training, running, basketball, and other outdoor sports. As of December 2014, the company had 53,125 employees globally. The company reported USD 19.32 billion in revenue for FY2014.
Dunlop Slazenger International Limited (Slazenger)
Slazenger was founded in 1881 and is headquartered in Shirebrook, England, UK. The company offers hockey, cricket, tennis, and other sports equipment. Slazenger distributes its products through online and authorized dealers. They sponsor famous cricketers Eoin Morgan, James Anderson, and Jonny Bairstow of England and Jacques Kallis of South Africa. These players use the bats of Slazenger, making the brand popular across the globe.
Gunn & Moore
Gunn & Moore, a sports equipment and apparel company, is headquartered in Edenbridge Kent, England, UK. The company specializes in offering cricket equipment. The company operates as a division of Unicorn Products (a provider of sports equipment).
Gunn & Moore has taken several strategic initiatives to have a competitive advantage over their competitors. In November 2015, the company announced a new sponsorship agreement with Pro Coach Cricket Academy. Under this sponsorship, the company supports cricket coaching programs in Yorkshire.
Sanspareils Greenlands Private Limited
Sanspareils Greenlands was founded in 1931 and is headquartered in Meerut, Uttar Pradesh, India. The company manufactures cricket equipment such as bats, gloves, balls, body protectors, leg guards, kit bags, helmets, shoes, clothing, and other accessories. Sanspareils Greenlands focuses strongly on product development and research activities to bring new products into the market. It concentrates on internal and external R&D to launch new products and to enhance its existing product portfolio. Its investments toward product and process engineering and development enable it to deliver innovative and technologically advanced products to cater the growing needs of its customers.
Sareen Sports Industries (SS)
SS was founded in 1969 and is headquartered in Meerut, Uttar Pradesh, India. The company manufactures cricket equipment and sells its products under the brand names Ton L.E, Ton Elite, Ton Heritage, Ton Va-999, and Ton Cambridge. The company exports its products globally, including to Australia, South Africa, Canada, Sri Lanka, the UK, the US, and Bangladesh. The company’s global presence helps the company to minimize risk from any downward fluctuation in any specific region.
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Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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