The high manufacturing costs of specialized lacrosse sticks is significantly restraining the growth of the global lacrosse sticks market. Lacrosse sticks require highly specialized manufacturing processes and materials to ensure optimum performance levels. They are made from composite materials like carbon fiber, glass fiber or aluminum which are expensive to source and process. Additionally, the intricate designs and ergonomic shapes of different lacrosse stick heads catering to specific positions like attack, midfield or defense further increase production complexity. Manufacturing each stick individually instead of bulk production drives up unit costs.
Market Opportunities: Potential of lacrosse in international markets
Potential of lacrosse in international markets could provide substantial opportunities for growth in the global lacrosse sticks market in the coming years. Lacrosse is still a relatively niche sport compared to soccer or basketball on the global stage. However, interest and participation in lacrosse is expanding beyond its traditional North American base. Several countries in Europe such as the United Kingdom, Germany and Sweden have started developing lacrosse programs in recent years.
Joining thousands of companies around the world committed to making the Excellent Business Solutions.
View All Our Clients