In 2022, the global market for Mouth Guard Market is expected to be worth USD 2680.07 million. The market is expected to develop further and reach a worth of USD 7473.84 Million by 2032. This market is expected to develop at a CAGR of 10.8% over the projected period.
Mouth guards, like many other sports accoutrements, have emerged as important goods, with a significant increase in popularity among both contact and non-contact sports participants. A mouth guard is made of thermoplastic and is used to avoid damage in contact sports such as boxing, MMA, football, basketball, baseball, and hockey.
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In recent years, mouth guards have been reported to be a popular addition in non-contact sports such as skateboarding, gymnastics, and mountain biking. Manufacturers of mouth guards adjusted strategy to keep up with rising worldwide demand after experiencing a northward swing in sales due to increased sports participation and desire for mouth guards.
Driving Factors:
The availability of top manufacturers and items on e-commerce websites is crucial, as the situation has improved in favor of global brands, with online retail organizations offering home delivery of the original product at a reduced price. In the current context, with a growing number of brand outlets, demand for mouth guards has expanded; nevertheless, the expansion of the market for these goods has been restricted in recent years due to a shortage of brand outlets. Furthermore, the supply of items from regional vendors is meeting demand, so assisting
Competitive landscape
The existence of several major and small market participants has splintered the worldwide market for mouthguards. The rivalry among the current market participants is fierce. Manufacturers must differentiate their product offers with creative items in order to survive and prosper in such a competitive climate. This competitive climate also causes manufacturers to lower their product pricing in order to maintain their market position, which can have a detrimental impact on their profit margins.
Key Players:
- SISU
- Shock Doctor
- Decathlon
- OPRO
Regional Analysis:
The number of Americans participating in boxing sports at international events has progressively risen, however in Asia Pacific, nations such as China, Japan, Australia, India, and South Korea have a large number of players. During the projection period, the expanding number of players in various areas has led the market for mouthguards. Increased involvement in boxing, martial arts, and other contact sports in Latin America and other nations is also raising demand for mouthguards.
North American markets have the largest market share in this business. Because of the development in sports culture in various regions, this region is expected to stay dominating for the foreseeable future. Business development and creative product investment techniques have been implemented by the players.
Key Segments of Industry:
- Based on Manufacturing ;
- Boil and Bite
- Stock
- Custom Made
- Based on the Material Type :
- Polyvinyl acetate-ethylene
- Copolymer
- Polyurethane
- Based on Sales Channels :
- Online stores
- Specialty stores
- Franchised stores
- Conventional stores
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