Sports Luggage Market Share, Size, Trends, Industry Analysis Report, By Sport (Golf, Ball Sports, Racket Sports, Hockey, Cricket, and Others); By Distribution Channel (Online, Offline); By Region; Segment Forecast, 2023 – 2032

Sports Luggage Market Share, Size, Trends, Industry Analysis Report, By Sport (Golf, Ball Sports, Racket Sports, Hockey, Cricket, and Others); By Distribution Channel (Online, Offline); By Region; Segment Forecast, 2023 – 2032

The global sports luggage market size is expected to reach USD 3.92 billion by 2032, according to a new study by Polaris Market Research. The report “Sports Luggage Market Share, Size, Trends, Industry Analysis Report, By Sport (Golf, Ball Sports, Racket Sports, Hockey, Cricket, and Others); By Distribution Channel (Online, Offline); By Region; Segment Forecast, 2023 – 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The significant increase in the prominence of outdoor sports due to several factors, including the emergence of health & wellness trends, the rising influence of social media and celebrity endorsement, and the growth in the number of international sports events, are major factors leading to demand and sales of sports luggage and driving the market growth. Additionally, with the rising focus of key companies on gaining a competitive edge or advantage, leading product manufacturers are developing more innovative products to cater to changing customer needs and demands, which in turn, positively influences the global market growth at a significant pace.

For instance, in April 2023, Wilson announced the launch of its new Gen Green Collection of sports equipment, which includes basketballs, volleyballs, and footballs featuring a trio of environmentally friendly materials. The new collection is developed with bi-based ethylene vinyl acetate foam made from sugarcane that produces two times less CO2 emissions.

Moreover, several new companies entering the market are embracing innovative technologies, materials, and features to make their product offerings distinct from their competitors and are also focusing on integrating smart features like GPS tracking and anti-theft mechanisms, that improve the functionality and convenience of products and boosting their popularity among wider customer base.

There has been a substantial proliferation of sports tourism due to the continuous expansion of sports facilities and the growing popularity of various international sporting events all over the world, which is likely to boost the demand for sports luggage to carry sports equipment conveniently while on the go.

The growing incorporation of advanced materials and manufacturing techniques has resulted in the development of sport luggage that is highly durable and weather-resistant and can also withstand rough handling and protect gear from rain, snow, or other environmental factors. It is likely to open up new growth avenues for the global market.

Sports Luggage Market Report Highlights

The ball sports segment accounted for a noteworthy market share, which is mainly driven by the increasing number of people participating in ball sports worldwide

The online segment will grow at fastest pace, due to emergence of various new online shopping platforms and consumer inclination toward online channels

Asia Pacific dominated the global market on account of increased people spending on sports & fitness activities and the popularity of various sports in Asian countries

The key market players include Bridgestone Corporation, Callaway Golf Company, New Balance, Wilson Sporting Goods, PUMA SE, Yonex Co., and Acushnet Holdings

Polaris Market Research has segmented the sports luggage market report based on sport, distribution channel, and region:

Sports Luggage, Sport Outlook (Revenue - USD Billion, 2019 - 2032)

Golf

Ball Sports

Racket Sports

Hockey

Cricket

Others

Sports Luggage, Distribution Channel Outlook (Revenue - USD Billion, 2019 - 2032)

Online

Offline

Sports Luggage, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

North America

U.S.

Canada

Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

Latin America

Argentina

Brazil

Mexico

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa