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LACROSSE STICKS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Lacrosse Sticks Market, By Product Type (Attack Sticks, Midfield Sticks, Defense Sticks, and Goalie Sticks), By Material Type (Composite, Aluminum, and Wood), By Sales Channel (Specialty Sports Stores, Sporting Goods Stores, Online Retail, and Direct Sales), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

  • Published In : Jul 2024
  • Code : CMI7144
  • Pages :137
  • Formats :
      Excel and PDF
  • Industry : Consumer Goods

Lacrosse Sticks Market Size and Trends

The lacrosse sticks market is estimated to be valued at USD 294.2 Mn in 2024 and is expected to reach USD 397.8 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.

Lacrosse Sticks Market Key Factors

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The lacrosse sticks market is expected to witness positive growth over the forecast period. Increasing participation in lacrosse tournaments and leagues across countries is expected to drive the demand for lacrosse sticks. Moreover, the introduction of lacrosse at the school and college levels has fueled the interest of the young population in the sport and benefited the sales of various lacrosse equipment including lacrosse sticks. Growing awareness regarding the health benefits of lacrosse, such as improving grip strength, agility, and eye-hand coordination, is further augmenting the popularity of lacrosse. Manufacturers are focusing on developing innovative product features, such as ergonomic designs, lightweight materials, and adjustable handles, to provide better grip and control. Such factors are expected to boost the revenue of lacrosse sticks market significantly over the next few years.

Growing Participation in Lacrosse Sports

One of the key drivers for the growing demand of lacrosse sticks is the rising popularity and growing participation in lacrosse sports across different regions globally. Lacrosse is traditionally considered a popular North American sport that was predominantly played in countries like the U.S. and Canada. However, over the past decade there has been a significant growth in the number of lacrosse leagues and tournaments being organized internationally as well as increased popularity among players worldwide.

More students in middle schools, high schools and colleges across the U.S. have taken up lacrosse owing to the effective marketing and promotion of the sport. Several private and public schools have also added lacrosse to their varsity sports programs. This has attracted more athletes to play lacrosse from a young age. The participation levels have also grown due to increased awareness about lacrosse through media coverage of major lacrosse leagues and national and international tournaments. More amateur community leagues have come up in different cities to cater to recreational and casual players of all age groups. This has ensured sustained interest in the sport throughout the year.

Transition to Composite Lacrosse Sticks

Another key factor driving growth in the lacrosse sticks market is the transition taking place from traditional wooden sticks to newer composite sticks made of lightweight molded materials such as plastic, fiberglass, and carbon fiber. Earlier, lacrosse sticks were predominantly made of wood which made the sticks heavy to carry and swing. However, modern composite materials have allowed stick manufacturers to build sticks that are significantly lighter in weight than traditional wooden sticks.

Composite lacrosse sticks provide advantages such as improved handling, quicker release, greater net stability, and consistency in performance even after prolonged use. These attributes have made composite sticks very popular among both amateur and professional lacrosse players.

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