Gum Shield Paper Market Size, Industry Analysis Report by Product (Stock Mouth Guard, Boil & Bite Mouth Guard, and Custom-made Mouth Guard), by Material (Acrylic resins, Ethylene vinyl acetate (EVA), Natural Rubber, and Others), by Distribution Channel (Offline and Online) & Region – Forecasts By 2030
- PUBLISHED ON
- 2024-09-27
- NO OF PAGES
- 217
- CATEGORY
- Retails & Consumer
Gum Shield Market was worth USD 189.4 million in 2020 and is expected to amass a valuation of USD 369.9 million by 2030, registering a CAGR of 6.6% over 2022-2030.
The rapid increase in the number of national and international sports events and growing safety concerns of the masses are primarily accelerating the development of this industry sphere.
Furthermore, surging R&D investments in the field, widespread economic growth across various nations, and rising disposable income of the masses are creating lucrative opportunities for the marketplace to prosper.
Also, rising focus of industry players to create and launch effective products in the field is adding momentum to the expansion of this business vertical.
Besides, the booming e-commerce sector, technological evolutions in the field, and increasing focus of governments to enhance the sports infrastructure of their respective nations are stimulating the overall dynamics of this market sphere.
On the contrary, presence of counterfeit products along with the high cost pertaining to mouth guards are hindering the remuneration scope of this industry vertical.
Gum shield also known as mouth guard is referred to as a protective device that is used from protect the teeth, arches, gums, and jaws from sport related injuries. It is predominantly used in sports such as ice hockey, football, fencing sports, hockey, basketball, lacrosse, water polo, boxing, and wrestling, among others. Gum shield are generally made of medical grade thermos polymer, vinyl resins, polyurethane, natural rubber or acrylic resins.
Gum Shield Market - Key Trends
Rising number of sports events is stimulating market dynamics
There has been a widespread surge in the number of domestic and international sports based events. This is powered by the developing sports infrastructure of various regions coupled with increasing government investments and rising sports enthusiasts. Every year, the world witnesses numerous cricket, football, boxing, wrestling, and hockey tournaments, just to name a few. This in turn is elevating the demand for gum shields.
Growing occurrence of sports based injuries to augment industry outlook
Oral injuries are a common prevalence when it comes to sports tournaments. These injuries leave the players with psychological, emotional, and financial trauma. Some of these injuries also lead to lifetime disability. Therefore, mouth guards have been mandated in several sports tournaments to reduce the risks pertaining to facial or dental injuries. These factors in turn are adding traction to the growth of this business sphere.
Gum Shield Market - Segmental Assessment
By Product
• Stock Mouth Guard
• Boil & Bite Mouth Guard
• Custom-made Mouth Guard
By Material
• Acrylic resins
• Ethylene vinyl acetate (EVA)
• Natural Rubber
• Others
By Distribution Channel
• Offline
• Online
The online segment is slated to generate significant returns over the stipulated timeline owing to the rising popularity of e-commerce sales channels due to the wide array of benefits offered by them including doorstep delivery.
Gum Shield Market - Geographical Landscape
The major regions constituting the geographical ambit of this industry vertical are North America, Middle East & Africa, Europe, Asia Pacific, and Latin America. Among these, North America is projected to capture a substantial revenue share over 2022-2030. This is ascribed to the growing occurrences of sports events, increasing government investments on sports based activities, and rising R&D investments in the field.
Gum Shield Market - Competitive Hierarchy
The prominent players characterizing the competitive terrain of this marketplace are Nike, Inc., Makura Sport, Shock Doctor Inc., AKERVALL TECHNOLOGIES INC., MOGO SPORT, Brain Pad, Inc., Gobsmacked Sports Mouthguards, Max Mouthguards, OPRO, Venum, and Decathlon.
Notably, in August 2020, Makura Sport inked a partnership deal with Sidelines Sports to amplify its mouth guard portfolio.
Key Segments Covered-
• By Product (Stock Mouth Guard, Boil & Bite Mouth Guard, and Custom-made Mouth Guard)
• By Material (Acrylic resins, Ethylene vinyl acetate (EVA), Natural Rubber, and Others)
• By Distribution Channel (Offline and Online)
Major Regions and Countries Reported-
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Argentina, and Colombia)
• Europe (Germany, U.K., France, Italy, Spain, and Russia)
• Middle East & Africa (UAE, Saudi Arabia, Egypt, and South Africa)
• Asia Pacific (China, Japan, India, Australia, South Korea, and ASEAN)
Quality Assurance Process
- We Market Research’s Quality Assurance program strives to deliver superior value to our clients.
We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.
Market Research Process
We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.
To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
- Project kickoff meeting with client
- Conduct frequent client communications
- Form project steering committee
- Assign a senior SR executive as QA Executive
- Conduct internal editorial & quality reviews of project deliverables
- Certify project staff in SR methodologies & standards
- Monitor client satisfaction
- Monitor realized value post-project
Case Study- Automotive Sector
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
Solution
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
Market Estimates and Forecast
In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.
Case Study- ICT Sector
Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.
Business Solution
An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.
Frequently Asked Questions
What is the market size and growth projections?
The global gum shield market was worth USD 189.4 million in 2020 and is expected to amass a valuation of USD 369.9 million by 2030, registering a CAGR of 6.6% over 2022-2030.
What are the drivers shaping various markets?
Growing occurrence of sports based injuries to augment industry outlook:- Oral injuries are a common prevalence when it comes to sports tournaments. These injuries leave the players with psychological, emotional, and financial trauma. Some of these injuries also lead to lifetime disability. Therefore, mouth guards have been mandated in several sports tournaments to reduce the risks pertaining to facial or dental injuries. These factors in turn are adding traction to the growth of this business sphere.
Who are the key competitors of market Players?
Some of the major players operating within the market are Nike, Inc., Makura Sport, Shock Doctor Inc., AKERVALL TECHNOLOGIES INC., MOGO SPORT, Brain Pad, Inc., Gobsmacked Sports Mouthguards, Max Mouthguards, OPRO, Venum, and Decathlon.
What are the top performing segments, and countries / regions of each of the markets?
The major regions constituting the geographical ambit of this industry vertical are North America, Middle East & Africa, Europe, Asia Pacific, and Latin America. Among these, North America is projected to capture a substantial revenue share over 2022-2030. This is ascribed to the growing occurrences of sports events, increasing government investments on sports based activities, and rising R&D investments in the field.
}})
Select a license type that suits your business needs
US $3499
Only Three Thousand Four Hundred Ninety Nine US dollar
- 1 User access
- 15% Additional Free Customization
- Free Unlimited post-sale support
- 100% Service Guarantee until achievement of ROI
US $4499
Only Four Thousand Four Hundred Ninety Nine US dollar
- 5 Users access
- 25% Additional Free Customization
- Access Report summaries for Free
- Guaranteed service
- Dedicated Account Manager
- Discount of 20% on next purchase
- Get personalized market brief from Lead Author
- Printing of Report permitted
- Discount of 20% on next purchase
- 100% Service Guarantee until achievement of ROI
US $5499
Only Five Thousand Four Hundred Ninety Nine US dollar
- Unlimited User Access
- 30% Additional Free Customization
- Exclusive Previews to latest or upcoming reports
- Discount of 30% on next purchase
- 100% Service Guarantee until achievement of ROI