Baseball Equipment Market By Type (Bat, Gloves, Helmets, Others), By Distribution Channel (Specialty Sports Stores, E Commerce, Supermarket and hypermarkets, Others), By Price Point (Economy, Mid range, Premium), By Buyer Type (Individual, Institutional): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global baseball equipment market size was valued at $3,510.1 million in 2021, and is projected to reach $5,126.3 million by 2031, registering a CAGR of 3.8% from 2022 to 2031.
Baseball equipment is a specially designed equipment used for playing baseball. It includes a bat, gloves, helmet, ball, and other protective gear which is widely used in playing baseball. Different types of bats are available in the market. These include wooden, alloy, composite, hybrid, and others. Four types of gloves are used in playing baseball which include outfielder, infielder, first base, and catcher. These four types of gloves have different functions and designs as well as are available in different sizes. There are three types of helmets such as fastpitch, open face, and jaw guard helmet which are widely used in baseball. Protective gears include shin guards, foot guards, and others that protect against balls fouled straight down.
The increase in popularity of the sport across the globe owing to its fast pace and physical nature attracts many consumers to watch and ultimately play the sport either casually as exercise, or start seriously practicing the sport to turn it into a profession. Moreover, governments have increased investment in sports and sports scholarships as well as sports events which further motivates the younger population of the countries in which the sort is popular to take up the sport professionally, which is expected to boost the growth of the baseball equipment market. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, Italy, Spain, UK, Russia, and rest of Europe), Asia-Pacific (China, Japan, South Korea, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, United Arab Emirates, Argentina, and rest of LAMEA).
The impact of the COVID-19 outbreak was high on the growth of the baseball equipment market owing to the lockdown imposed by the government in many countries around the globe. The rise in internet penetration and surge in e-commerce sales contributed to the growth of the market. However, trade restrictions and lockdown resulted in the halting of production and manufacturing units. Conversely, the recovery of the baseball equipment market is expected in the near future.
The major players operating in the market focus on key market strategies, such as mergers, product launches, acquisitions, collaborations, and partnerships. They have been focusing on strengthening their market reach to maintain their goodwill in the ever-competitive market. Some of the key players in the baseball equipment market include Marucci Sports, Victus Sports, Demarini, Adidas, Easton, Mizuno, New Balance, Nike, Rawlings, and Wilson.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the baseball equipment market analysis from 2021 to 2031 to identify the prevailing baseball equipment market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the baseball equipment market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global baseball equipment market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Distribution Channel
Specialty Sports Stores
E Commerce
Supermarket and hypermarkets
Others
By Price Point
Economy
Mid range
Premium
By Type
Bat
Gloves
Helmets
Others
By Buyer Type
Individual
Institutional
By Region
North America
Mexico
U.S.
Canada
Europe
Germany
France
Italy
Spain
UK
Russia
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Brazil
South Africa
Saudi Arabia
UAE
Argentina
Rest of LAMEA
Key Market Players
Marucci Sports
VICTUS SPORTS
DeMarini
ADIDAS
Easton
Mizuno
New Balance
Nike
Rawlings
Wilson
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