Global Basketball Hoop Market Growth 2025-2031
The global Basketball Hoop market size is predicted to grow from US$ 2285 million in 2025 to US$ 3101 million in 2031; it is expected to grow at a CAGR of 5.2% from 2025 to 2031.
The basketball hoop is a kind of basketball equipment. It is an upright board. There are baskets and nets under it. It is made of flat and hard materials. Most backboards in NBA and NCAA official games are rectangular, but some informal games will use egg shaped or fan shaped backboards. At present, most backboards in professional competitions are made of glass or other transparent materials to avoid affecting the audience watching the game. However, some basketball hoop in professional competitions are opaque, similar to billboards on the road.
The global key manufacturers of Basketball Hoop include Lifetime, Spalding and Gared, etc, top 3 manufacturers hold a share approximately 15%. Lifetime is the world's largest Basketball Hoop manufacturer, with a market share of more than 9%. North America, Asia Pacific and Europe are the major Basketball Hoop market, they have a market share of more than 92%. North America is the largest market with a share of 39%. In terms of product type, In-Ground Basketball Hoop is the largest market segment with a share of more than 48%. In terms of applications, Gymnasium is the largest downstream segment, with a market share of about 43%.
LP Information, Inc. (LPI) ' newest research report, the “Basketball Hoop Industry Forecast” looks at past sales and reviews total world Basketball Hoop sales in 2024, providing a comprehensive analysis by region and market sector of projected Basketball Hoop sales for 2025 through 2031. With Basketball Hoop sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Basketball Hoop industry.
This Insight Report provides a comprehensive analysis of the global Basketball Hoop landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Basketball Hoop portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Basketball Hoop market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Basketball Hoop and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Basketball Hoop.
This report presents a comprehensive overview, market shares, and growth opportunities of Basketball Hoop market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
In-Ground Basketball Hoop
Portable Basketball Hoop
Wall Mounted Basketball Hoop
Segmentation by Application:
Gymnasium
School
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Lifetime Products
Spalding
Gared
AALCO Athletic Equipment
Bison
Jinling Sports
Schelde Sports
First Team
Zhejiang Kanglaibao Sporting Goods
Shenzhen LDK Industrial
Goalsetter
Barbarian Basketball Systems
Goalrilla
Key Questions Addressed in this Report
What is the 10-year outlook for the global Basketball Hoop market?
What factors are driving Basketball Hoop market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Basketball Hoop market opportunities vary by end market size?
How does Basketball Hoop break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.