sport Market Reports

New-age Archery Equipment to Take a Bow with Rapid Digitalization and Advancements in Technology

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Innovation has entered the sphere of archery with smart archery equipment being introduced by manufacturers in the international market to stay ahead of competition. Earlier this year, two state-of-the-art auto-range digitalized laser powered bow sights were introduced in the archery equipment market – the one-of-a-kind archery equipment to be launched in the market. The groundbreaking technology underpinning this latest archery equipment helps archers automatically measure the distance range to the target and offers a virtually lit pin that helps achieve a perfect shot. These bow sights have been launched in partnership with the 2018 Archery Trade Association (ATA) Trade Show held in Indianapolis at the start of the year.

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Opportunities Abound in Athletic Tapes Market as Kinesiology Goes Mainstream

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The athletic tapes market continues to remain bullish, as growing awareness on injury management and prevention drives adoption, finds a new study by Fact.MR. Devoid of substantial empirical evidence concerning the use of athletic tapes with performance improvement, sales continue to be influenced by positive word-of-mouth and physician/chiropractor recommendations.

The athletic tapes marketplace remains moderately fragmented, and multinational brands face pricing pressures from local manufacturers. Product penetration is sizeable among hockey and soccer players, but professional tennis players remain the top draw on account of better product visibility and familiarity of support staff with athletic tapes.

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Rolls Ubiquitous, but Pre-cuts Gaining Traction