Report Description
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.
Market Trends, Drivers, Restraints, and Opportunities
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Rising health awareness regarding general fitness is expected to drive the market.
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Development and innovation in equipment is projected to create immense opportunities for the market players.
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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
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Details
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Report Title
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Baseball Equipment Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Products (Bats, Gloves, Shoes, Balls, and Protective Gear) and Applications (Specialty and Sports Shops, Department and Discount Stores, and Online Retail)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Adidas, Amer Sports, Performance Sports Group, Mizuno, and Nike
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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.
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.
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.
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.
Table Of Content
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