Ball sports equipment refers to specialized equipment and facilities required for ball sports. These devices vary according to different types of ball sports, mainly including balls, courts, and related accessories. The selection and use of ball sports equipment are of great significance for improving sports performance and ensuring sports safety.
Overview of Market Development
In recent years, thanks to consumers' pursuit of a healthy lifestyle and the popularity of ball sports, the global market for ball sports equipment is experiencing steady growth. According to our research data, the global market size of ball sports equipment is expected to reach $39.27 billion in 2024, an increase of 5.06% compared to 2023, and is expected to continue to increase to $47.34 billion by 2029. The CAGR for 2024-2029 is estimated to be 3.81%. The exploration of emerging markets, diversification of product lines, and development of e-commerce are potential growth points.
Analysis of Market Competition Pattern
From the perspective of market competition, the global market concentration of ball sports equipment is relatively high. According to data, the total revenue of ball sports equipment of the top 3 companies in 2023 was $19.91 billion, with a total revenue share of over 50%. The top three companies were Nike, Adidas, and Under Armour Inc. In 2023, these three companies accounted for 29.04%, 15.67%, and 8.56% of the global market revenue in the ball sports equipment market, respectively.
Global Ball Sports Equipment Market Size Forecast and Competition Pattern Analysis
Source: www.globalmarketmonitor.com
Segmented Market Analysis
From the perspective of product types, according to the different types of ball sports, ball sports equipment can be subdivided into football equipment, baseball equipment, basketball equipment, volleyball equipment, and so on. Among them, the basketball equipment sub category currently holds the largest market share, with an estimated 26.37% in 2024.
From a regional perspective, the global market for ball sports equipment is dominated by three major regions: North America, Europe, and Asia Pacific. The revenue share of the ball sports equipment market in these three major regions exceeds 90% of the global total revenue. Among them, North America is the largest revenue market. Data shows that the revenue of the North American ball sports equipment market is expected to reach $15.16 billion in 2024, with an estimated market share of 38.61%. From a national perspective, China is an important component of the global ball sports equipment market, with an estimated market share of 20.55% in 2024.
Global Ball Sports Equipment Segment Market Revenue and Market Share Forecast in 2024
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Market Revenue (Billion USD)
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Market Share
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Segmented by Type
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Football Equipment
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9.06
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23.08%
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Baseball Equipment
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3.44
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8.76%
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Basketball Equipment
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10.36
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26.37%
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Volleyball Equipment
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1.85
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4.70%
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Others
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14.57
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37.09%
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Segmented by Region/Country
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North America
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15.16
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38.61%
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Europe
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10.07
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25.64%
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China
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8.07
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20.55%
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Japan
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1.12
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2.86%
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India
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0.60
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1.52%
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Southeast Asia
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0.77
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1.96%
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Central & South America
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1.79
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4.56%
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Others
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1.69
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4.31%
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Source: www.globalmarketmonitor.com
For more industry information, please refer to our latest released "Global Ball Sports Equipment Market Professional Research Report 2014-2026, Segmented by Players, Types, End-Users in Major 40 Countries or Regions".
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