Baseball Equipment Market

Baseball Equipment Market

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Debadatta

Author :

Debadatta Patel

Partha

Fact-checked by :

PARTHA PAUL

Aman

Editor :

Aman Singh

The global baseball equipment market size was USD 3.62 Billion in 2022 and is likely to reach USD 4.93 Billion by 2031 , expanding at a CAGR of 3.5% during 2023–2031. The growth of the market is attributed to its drivers such as increase in the outdoor games and activities.

The global baseball equipment market is driven by the growing popularity of baseball, along with spreading awareness about general fitness. Baseball is played between two teams; each consists of nine players. Baseball equipment such as gloves, helmets, and other accessories have been made mandatory for the game to ensure the safety and comfort of the players while performing sports. Continuous innovation and development in the equipment and gears are positively impacting the market for baseball equipment’s. The players can modify or request the sponsoring company to make their product according to their playing style. This customization has further enabled the baseball equipment market to grow more. Moreover, emerging of new tournaments may further fuel the global baseball equipment market.

Baseball Equipment Market Outlook

Market Trends, Drivers, Restraints, and Opportunities

  • Rising health awareness regarding general fitness is expected to drive the market.

  • Development and innovation in equipment is projected to create immense opportunities for the market players.

  • Increase in outdoor sports activity is estimated to drive the market.

Scope of the Report

The report on global baseball equipment market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Baseball Equipment Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Products (Bats, Gloves, Shoes, Balls, and Protective Gear) and Applications (Specialty and Sports Shops, Department and Discount Stores, and Online Retail)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Adidas, Amer Sports, Performance Sports Group, Mizuno, and Nike

Market Segment Insights:

The bat segment is anticipated to expand at a CAGR of 3.3% during the forecast period

Based on products, the baseball equipment market is segregated into bats, gloves, shoes, balls, and protective gear. Increasing usage of different materials like composite, wood, hybrid, and aluminum for baseball bats on account of perceiving greater performance depending on pitches is estimated to fuel the bat segment. The helmet segment is expected to expand at a CAGR of 4.0% during the forecast period, owing to rising number of injuries and increasing awareness regarding safety of baseball game. Other products also have similar growth prospect.

Baseball Equipment Market Type

The department and discount store is projected to hold major market share

On the basis of applications, the global baseball equipment market is fragmented into specialty and sports shops, department and discount stores, and online retail. The department and discount store segment is projected to expand at a 3% during the forecast period, owing to easy and wide availability in the supermarkets. Shopping through this segment helps customers to choose products through physical verification before purchase.

The online retail segment is projected to expand at a CAGR of 4% during the forecast period. Growth of the segment is attributed to easy availability of several brands at one place coupled with doorstep delivery to customers.

Baseball Equipment Market End users

The market in North America is projected to hold a major market share

In terms of regions, the global baseball equipment market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in North America held major share with a market share of 37.3% in 2018. Initiatives by several governments worldwide to promote new leagues and tournaments to encourage participants to become professional are expected to drive the market.

The market in Asia Pacific is estimated to expand at a CAGR of 3.5% during the forecast period. Rising acceptance of western sports, along with favorable government initiatives to surge spending on baseball in China, Japan, and South Korea is projected to have a positive impact on the market. Moreover, rising disposable income and changing lifestyle of middle income groups in developing countries such as India, China, and Thailand are anticipated to boost the market.

Baseball Equipment Market Region

Segments

Type

  • Baseball Bats
  • Baseball Gloves
  • Baseball Shoes
  • Baseball Balls
  • Baseball Protective Gear

End-users

  • Specialty and Sports Shops
  • Department and Discount Stores
  • Online Retail

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe

Key Players

  • Adidas
  • Amer Sports
  • Performance Sports Group
  • Mizuno
  • Nike

Competitive Landscape

The baseball equipment market is highly competitive and major market players include Adidas, Amer Sports, Performance Sports Group, Mizuno, and Nike. Innovation in products and rise in the outdoor game activities have enabled these companies to expand their horizon. Certain products are given as a part of promotion to players who perform best during season and match. Further more these companies release new product every year, thus fueling the global market.

Baseball Equipment Market Keyplayers

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Baseball Equipment Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Baseball Equipment Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Baseball Equipment Market - Supply Chain
  4.5. Global Baseball Equipment Market Forecast
     4.5.1. Baseball Equipment Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Baseball Equipment Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Baseball Equipment Market Absolute $ Opportunity
5. Global Baseball Equipment Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Baseball Equipment Market Size and Volume Forecast by Types
     5.3.1. Baseball Bats
     5.3.2. Baseball Gloves
     5.3.3. Baseball Shoes
     5.3.4. Baseball Balls
     5.3.5. Baseball Protective Gear
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Baseball Equipment Market Analysis and Forecast by End Users
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by End Users
     6.2.2. Y-o-Y Growth Projections by End Users
  6.3. Baseball Equipment Market Size and Volume Forecast by End Users
     6.3.1. Specialty and Sports Shops
     6.3.2. Department and Discount Stores
     6.3.3. Online Retail
  6.4. Absolute $ Opportunity Assessment by End Users
  6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Baseball Equipment Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Baseball Equipment Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Baseball Equipment Demand Share Forecast, 2019-2026
8. North America Baseball Equipment Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Baseball Equipment Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Baseball Equipment Market Size and Volume Forecast by Types
     8.4.1. Baseball Bats
     8.4.2. Baseball Gloves
     8.4.3. Baseball Shoes
     8.4.4. Baseball Balls
     8.4.5. Baseball Protective Gear
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Baseball Equipment Market Size and Volume Forecast by End Users
     8.7.1. Specialty and Sports Shops
     8.7.2. Department and Discount Stores
     8.7.3. Online Retail
  8.8. Basis Point Share (BPS) Analysis by End Users
  8.9. Y-o-Y Growth Projections by End Users
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Baseball Equipment Demand Share Forecast, 2019-2026
9. Latin America Baseball Equipment Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Baseball Equipment Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Baseball Equipment Market Size and Volume Forecast by Types
     9.4.1. Baseball Bats
     9.4.2. Baseball Gloves
     9.4.3. Baseball Shoes
     9.4.4. Baseball Balls
     9.4.5. Baseball Protective Gear
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Baseball Equipment Market Size and Volume Forecast by End Users
     9.7.1. Specialty and Sports Shops
     9.7.2. Department and Discount Stores
     9.7.3. Online Retail
  9.8. Basis Point Share (BPS) Analysis by End Users
  9.9. Y-o-Y Growth Projections by End Users
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Baseball Equipment Demand Share Forecast, 2019-2026
10. Europe Baseball Equipment Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Baseball Equipment Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Baseball Equipment Market Size and Volume Forecast by Types
     10.4.1. Baseball Bats
     10.4.2. Baseball Gloves
     10.4.3. Baseball Shoes
     10.4.4. Baseball Balls
     10.4.5. Baseball Protective Gear
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Baseball Equipment Market Size and Volume Forecast by End Users
     10.7.1. Specialty and Sports Shops
     10.7.2. Department and Discount Stores
     10.7.3. Online Retail
  10.8. Basis Point Share (BPS) Analysis by End Users
  10.9. Y-o-Y Growth Projections by End Users
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Baseball Equipment Demand Share Forecast, 2019-2026
11. Asia Pacific Baseball Equipment Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Baseball Equipment Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Baseball Equipment Market Size and Volume Forecast by Types
     11.4.1. Baseball Bats
     11.4.2. Baseball Gloves
     11.4.3. Baseball Shoes
     11.4.4. Baseball Balls
     11.4.5. Baseball Protective Gear
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Baseball Equipment Market Size and Volume Forecast by End Users
     11.7.1. Specialty and Sports Shops
     11.7.2. Department and Discount Stores
     11.7.3. Online Retail
  11.8. Basis Point Share (BPS) Analysis by End Users
  11.9. Y-o-Y Growth Projections by End Users
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Baseball Equipment Demand Share Forecast, 2019-2026
12. Middle East & Africa Baseball Equipment Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Baseball Equipment Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Baseball Equipment Market Size and Volume Forecast by Types
     12.4.1. Baseball Bats
     12.4.2. Baseball Gloves
     12.4.3. Baseball Shoes
     12.4.4. Baseball Balls
     12.4.5. Baseball Protective Gear
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Baseball Equipment Market Size and Volume Forecast by End Users
     12.7.1. Specialty and Sports Shops
     12.7.2. Department and Discount Stores
     12.7.3. Online Retail
  12.8. Basis Point Share (BPS) Analysis by End Users
  12.9. Y-o-Y Growth Projections by End Users
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Baseball Equipment Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Baseball Equipment Market: Market Share Analysis
  13.2. Baseball Equipment Distributors and Customers
  13.3. Baseball Equipment Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Adidas
     13.4.2. Amer Sports
     13.4.3. Performance Sports Group
     13.4.4. Mizuno
     13.4.5. Nike

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