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I AgreeAnalysis of Crash Pads market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Have you ever thought about trying adventure sports such as rock climbing? If you have, then you’re aware of the few safety equipment required such as crash pads, which allow a person to train longer without getting injured. Athletes can focus on building their skills and confidence with the help of crash pads. Crash pads are thick, durable foam that absorbs the impact to a person’s body or body parts in case of a fall. Crash pads are a part of sports equipment available in different sizes, thicknesses, and colors. Some crash pads are available in foldable designs, which gives extra flexibility for transportation and storage.
Increasing sports culture in developed countries is expected to act as a demand driver for crash pads in addition to the rising number of adventure sports and indoor climbing walls. The international federation of sport climbing organizes a series of climbing competitions under its umbrella, including a world cup that is also expected to add synergy to the growth of crash pads. Paraclimbing cup took place in 2018 where over 200 athletes from 31 nations participated in these kinds of events and are expected to create greater opportunities for the crash pads market. The use of crash pads in very few sports is expected to act as a major restraint for the crash pads market. Delay in deliveries from certain distribution channels is also expected to hamper the market expansion.
Geographically, the crash pads market can be segmented into six key regions: Latin America, Europe, North America, Japan, Asia Pacific excluding Japan and Middle East & Africa. In terms of regional demand, North America leads the market due to the number of players involved in adventure sports also the available infrastructure like indoor climbing walls in the region. Since major adventure sporting events are conducted across Europe, it is expected to lead the demand for the crash pads market. Recent Sporting events in Europe like the international federation of sport climbing and para climbing world cup will fuel the growth of the crash pads market in this region. Olympics 2020 is scheduled to take place in Tokyo, Japan. Olympics is a great platform for athletes to showcase their skills in sports like gymnastics, para climbing, etc. This major sporting event is expected to create tremendous opportunities for crash pads in the Asia Pacific. Also developing economies and major untapped markets are likely to grow at a high rate in this region. The Middle East and Africa are expected to show growth in the crash pads market in the near future.
Players in the crash pads market include
The growth prospects of crash pads market is promising as more and more people are inclined towards sports, thereby supporting the position of the crash pads market across the globe.
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Crash pads market is segmented by the type of product used, the type of distribution channel, the type of sports in which crash pads are used, the size of crash pads, the thickness of crash pads, and folds of crash pads.
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Crash pads market is estimated to grow at a CAGR of 5.2% during the forecast period.
Growing sports cultures in industrialized nations are anticipated to boost demand for crash helmets.
Growing sports cultures in industrialized nations are anticipated to boost demand for crash helmets.