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PUBLISHER: Grand View Research | PRODUCT CODE: 1114151
PUBLISHER: Grand View Research | PRODUCT CODE: 1114151
Basketball Gear Market Size, Share & Trends Analysis Report By Product (Basketballs, Hoops & Backboards, Accessories), By Distribution Channel (Offline, Online), By Region, And Segment Forecasts, 2022 - 2030
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Basketball Gear Market Growth & Trends:
The global basketball gear market size is expected to reach USD 1,185.5 million by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.4% from 2022 to 2030. Growing awareness among people about fitness, inclination towards basketball, increasing disposable income, and high reputation of the NBA league are major factors largely contributing to the growth of the market. The varying raw material cost of basketball equipment is hampering the market growth. However, investments in basketball leagues are anticipated to create lucrative growth opportunities for the market over the forecast period.
The COVID-19 pandemic impacted negatively the market growth in 2020. A lockdown condition was witnessed during the COVID-19 pandemic, which had an adverse impact on the market growth owing to numerous restrictions by the government in different countries. The manufacturers are not able to supply products owing to the limited production and disrupted supply chains. Due to this, the market observed a shortfall in the sales of basketball gear.
However, with the removal of various restrictions by governments all over the globe, the market witnessed a rise in sales in 2021. Annual sales for sporting goods retailers surged 24.7% in 2021 over 2020. Changing customer behaviors both before and during the COVID-19 pandemic have augmented the preference for online shopping. In the near term, the retail industry may be under stress as economic insecurity weighs on domestic and international markets.
The basketballs segment emerged as the largest product segment with a revenue share of above 50.0% in 2021 As basketball is the only equipment mainly required to play basketball. It is the foremost important gear majorly used in national and league games throughout the world. For instance, the NBA provides 72 balls to every team at the start of the season and that takes the ball count to 2,160 basketballs. Over 8 million basketballs are sold every year in the U.S. Thus, millions of basketballs are produced and sold annually all over the world.
North America dominated the market with a revenue share of over 65.0% in 2021. Major countries such as the U.S. and Canada significantly contributed to the market growth in North America. Increasing customer spending on sports equipment, rising health awareness, and mounting obesity are mainly driving the North American market for basketball gear. Major players in the market are anticipated to observe an increasing demand for basketball gear in the near future due to the rising popularity of basketball across the world. Companies are introducing new as well as superior quality equipment with varied product portfolios. Moreover, companies are focusing on improving the distribution channels, particularly the online channel, to increase productivity in the market.
Basketball Gear Market Report Highlights:
- North America held the largest revenue share of over 65.0% in 2021 owing to a large customer base, along with the strong inclination toward basketball as a sport
- By product, the hoops and backboards segment is expected to register the 2nd fastest CAGR of 4.3% from 2022 to 2030 due to the growing involvement in the activity both as a competitive sport as well as a recreational activity all over the world
- The online distribution channel segment is expected to witness the fastest growth over the forecast period. The growing number of internet and smartphone users is fueling the segment growth. The growth of the segment can also be credited to the growing number of online retailers providing competitively priced products
- Europe is expected to register the second-fastest CAGR of 4.3% from 2022 to 2030. In the countries such as France, Germany, Italy, Greece, and Spain, basketball is gaining popularity in spite of the continuing domination of soccer. Basketball is being played with more fluency than ever as most European players go into the pro league
Product Code: GVR-4-68039-954-1
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Distribution Channels & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Product Outlook
- 2.3. Distribution Channel Outlook
- 2.4. Regional Outlook
Chapter 3. Basketball Gear Market Variables, Trends & Scope
- 3.1 Market Lineage Outlook
- 3.2 Penetration & Growth Prospect Mapping
- 3.3 Value Chain Analysis
- 3.4 Technology Overview
- 3.5 Regulatory Framework
- 3.6 Market Dynamics
- 3.6.1 Market Driver Analysis
- 3.6.2 Market restraint Analysis
- 3.6.3 Industry challenges
- 3.7 Business Environment Analysis
- 3.7.1 Porter's Analysis
- 3.7.1.1 Threat of new entrants
- 3.7.1.2 Bargaining power of suppliers
- 3.7.1.3 Bargaining power of buyers
- 3.7.1.4 Threat of substitutes
- 3.7.1.5 Competitive rivalry
- 3.7.2 PESTLE Analysis
- 3.7.2.1 Political Landscape
- 3.7.2.2 Environmental Landscape
- 3.7.2.3 Social Landscape
- 3.7.2.4 Technology Landscape
- 3.7.2.5 Economic Landscape
- 3.7.2.6 Legal Landscape
- 3.7.3 Major Deals & Strategic Alliances Analysis
- 3.7.1 Porter's Analysis
- 3.8 Market Entry Strategy
- 3.9 COVID-19 Impact Analysis
Chapter 4. Consumer Behavior Analysis
- 4.1. Consumer Trends and Preferences
- 4.2. Factors Affecting Buying Decision
- 4.3. Consumer Distribution Channel Adoption
- 4.4. Observations & Recommendations
Chapter 5. Basketball Gear Market: Product Estimates & Trend Analysis
- 5.1. Product Movement Analysis & Market Share, 2021 & 2030
- 5.2. Basketballs
- 5.2.1. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 5.3. Hoops & Backboards
- 5.3.1. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 5.4. Accessories
- 5.4.1. Market Estimates and Forecast, 2017 - 2030 (USD Million)
Chapter 6. Basketball Gear Market: Distribution Channel Estimates & Trend Analysis
- 6.1. Distribution Channel Movement Analysis & Market Share, 2021 & 2030
- 6.2. Offline
- 6.2.1. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 6.3. Online
- 6.3.1. Market Estimates and Forecast, 2017 - 2030 (USD Million)
Chapter 7. Basketball Gear Market: Regional Estimates & Trend Analysis
- 7.1. Regional Movement Analysis & Market Share, 2021 & 2030
- 7.2. North America
- 7.2.1. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 7.2.2. Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 7.2.3. Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 7.2.4. U.S.
- 7.2.5. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 7.2.6. Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 7.2.6.1. Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 7.2.7. Canada
- 7.2.8. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 7.2.9. Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 7.2.9.1. Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 7.2.10. Mexico
- 7.2.11. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 7.2.12. Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 7.2.12.1. Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 7.3. Europe
- 7.3.1. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 7.3.2. Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 7.3.3. Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 7.3.4. Greece
- 7.3.5. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 7.3.6. Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 7.3.6.1. Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 7.3.7. Germany
- 7.3.8. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 7.3.9. Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 7.3.9.1. Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 7.3.10. France
- 7.3.11. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 7.3.12. Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 7.3.12.1. Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 7.3.13. Italy
- 7.3.14. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 7.3.15. Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 7.3.15.1. Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 7.3.16. Spain
- 7.3.17. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 7.3.18. Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 7.3.18.1. Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 7.4.2. Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 7.4.3. Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 7.4.4. China
- 7.4.5. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 7.4.6. Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 7.4.6.1. Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 7.4.7. Philippine
- 7.4.8. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 7.4.9. Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 7.4.9.1. Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 7.4.10. Australia
- 7.4.11. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 7.4.12. Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 7.4.12.1. Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 7.4.13. South Korea
- 7.4.14. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 7.4.15. Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 7.4.15.1. Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 7.4.16. Hong Kong
- 7.4.16.1. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 7.4.16.2. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 7.4.16.3. Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 7.5. Central & South America
- 7.5.1. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 7.5.2. Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 7.5.3. Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 7.5.4. Argentina
- 7.5.4.1. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 7.5.4.2. Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 7.5.4.3. Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 7.6. Middle East & Africa
- 7.6.1. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 7.6.2. Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 7.6.3. Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 7.6.4. South Africa
- 7.6.4.1. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 7.6.4.2. Market Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
- 7.6.4.3. Market Estimates and Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
Chapter 8. Competitive Analysis
- 8.1 Key Players' Recent Developments & Their Impact
- 8.2 Strategies Adopted By Major Players During COVID-19 Pandemic
- 8.3 Vendor Landscape
- 8.4 Public Companies
- 8.4.1 Company Market Position Analysis
- 8.5 Private Companies
- 8.5.1 List of Key Emerging Companies/Technology Disruptors/Innovators
Chapter 9. Company Profiles
- 9.1. WILSON SPORTING GOODS
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Distribution Channel Benchmarking
- 9.1.4. Strategic Initiatives
- 9.2. RAWLINGS SPORTING GOODS COMPANY, INC.
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Distribution Channel Benchmarking
- 9.2.4. Strategic Initiatives
- 9.3. ANTHEM SPORTS
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Distribution Channel Benchmarking
- 9.3.4. Strategic Initiatives
- 9.4. NIVIA
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Distribution Channel Benchmarking
- 9.4.4. Strategic Initiatives
- 9.5. DICK'S SPORTING GOODS, INC.
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Distribution Channel Benchmarking
- 9.5.4. Strategic Initiatives
- 9.6. TARGET BRANDS, INC.
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Distribution Channel Benchmarking
- 9.6.4. Strategic Initiatives
- 9.7. SCHEELS SPORTS
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Distribution Channel Benchmarking
- 9.7.4. Strategic Initiatives
- 9.8. ANTHEM SPORTS
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Distribution Channel Benchmarking
- 9.8.4. Strategic Initiatives
- 9.9. UNDER ARMOUR, INC.
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Distribution Channel Benchmarking
- 9.9.4. Strategic Initiatives
- 9.10. BSN SPORTS
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Distribution Channel Benchmarking
- 9.10.4. Strategic Initiatives
Product Code: GVR-4-68039-954-1
List of Tables
- 1. Basketball Gear Market - Key Market Driver Analysis
- 2. Basketball Gear Market - Key Market Restraint Analysis
- 3. Global Basketball Gear Market Estimates and Forecast by Basketballs, from 2017 - 2030 (USD Million)
- 4. Global Basketball Gear Market Estimates and Forecast by Hoops & Backboards, from 2017 - 2030 (USD Million)
- 5. Global Basketball Gear Market Estimates and Forecast by Accessories, from 2017 - 2030 (USD Million)
- 6. Global Basketball Gear Market Estimates and Forecast by Offline, from 2017 - 2030 (USD Million)
- 7. Global Basketball Gear Market Estimates and Forecast by Online, from 2017 - 2030 (USD Million)
- 8. Global Basketball Gear Market Estimates and Forecast, by region 2017 - 2030 (USD Million)
- 9. Global Basketball Gear Market Estimates and Forecast by Product, 2017 - 2030 (USD Million)
- 10. Global Basketball Gear Market Estimates and Forecast by Distribution Channel, 2017 - 2030 (USD Million)
- 11. North America Basketball Gear Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 12. North America Basketball Gear Market Estimates and Forecast, by Product, 2017 - 2030 (USD Million)
- 13. North America Basketball Gear Market Estimates and Forecast, by Distribution Channel 2017 - 2030 (USD Million)
- 14. U.S. Basketball Gear Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 15. U.S. Basketball Gear Market Estimates and Forecast by Product, 2017 - 2030 (USD Million)
- 16. U.S. Basketball Gear Market Estimates and Forecast by Distribution Channel 2017 - 2030 (USD Million)
- 17. Canada Basketball Gear Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 18. Canada Basketball Gear Market Estimates and Forecast by Product, 2017 - 2030 (USD Million)
- 19. Canada Basketball Gear Market Estimates and Forecast by Distribution Channel, 2017 - 2030 (USD Million)
- 20. Mexico Basketball Gear Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 21. Mexico Basketball Gear Market Estimates and Forecast by Product, 2017 - 2030 (USD Million)
- 22. Mexico Basketball Gear Market Estimates and Forecast by Distribution Channel, 2017 - 2030 (USD Million)
- 23. Europe Basketball Gear Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 24. Europe Basketball Gear Market Estimates and Forecast by Product, 2017 - 2030 (USD Million)
- 25. Europe Basketball Gear Market Estimates and Forecast by Distribution Channel 2017 - 2030 (USD Million)
- 26. Greece Basketball Gear Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 27. Greece Basketball Gear Market Estimates and Forecast by Product, 2017 - 2030 (USD Million)
- 28. Greece Basketball Gear Market Estimates and Forecast by Distribution Channel 2017 - 2030 (USD Million)
- 29. Germany Basketball Gear Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 30. Germany basketball Gear Market Estimates and Forecast by Product, 2017 - 2030 (USD Million)
- 31. Germany basketball Gear Market Estimates and Forecast by Distribution Channel, 2017 - 2030 (USD Million)
- 32. France basketball Gear Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 33. France basketball Gear Market Estimates and Forecast by Product, 2017 - 2030 (USD Million)
- 34. France basketball Gear Market Estimates and Forecast by Distribution Channel, 2017 - 2030 (USD Million)
- 35. Italy basketball Gear Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 36. Italy basketball Gear Market Estimates and Forecast by Product, 2017 - 2030 (USD Million)
- 37. Italy basketball Gear Market Estimates and Forecast by Distribution Channel, 2017 - 2030 (USD Million)
- 38. Spain basketball Gear Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 39. Spain basketball Gear Market Estimates and Forecast by Product, 2017 - 2030 (USD Million)
- 40. Spain basketball Gear Market Estimates and Forecast by Distribution Channel, 2017 - 2030 (USD Million)
- 41. Asia Pacific basketball Gear Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 42. Asia Pacific basketball Gear Market Estimates and Forecast by Product, 2017 - 2030 (USD Million)
- 43. Asia Pacific basketball Gear Market Estimates and Forecast by Distribution Channel 2017 - 2030 (USD Million)
- 44. China basketball Gear Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 45. China basketball Gear Market Estimates and Forecast by Product, 2017 - 2030 (USD Million)
- 46. China basketball Gear Market Estimates and Forecast by Distribution Channel 2017 - 2030 (USD Million)
- 47. Philippine basketball Gear Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 48. Philippine basketball Gear Market Estimates and Forecast by Product, 2017 - 2030 (USD Million)
- 49. Philippine basketball Gear Market Estimates and Forecast by Distribution Channel, 2017 - 2030 (USD Million)
- 50. Australia basketball Gear Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 51. Australia basketball Gear Market Estimates and Forecast by Product, 2017 - 2030 (USD Million)
- 52. Australia basketball Gear Market Estimates and Forecast by Distribution Channel, 2017 - 2030 (USD Million)
- 53. South Korea basketball Gear Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 54. South Korea basketball Gear Market Estimates and Forecast by Product, 2017 - 2030 (USD Million)
- 55. South Korea basketball Gear Market Estimates and Forecast by Distribution Channel, 2017 - 2030 (USD Million)
- 56. Hong Kong basketball Gear Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 57. Hong Kong basketball Gear Market Estimates and Forecast by Product, 2017 - 2030 (USD Million)
- 58. Hong Kong basketball Gear Market Estimates and Forecast by Distribution Channel, 2017 - 2030 (USD Million)
- 59. Central & South America basketball Gear Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 60. Central & South America basketball Gear Market Estimates and Forecast by Product, 2017 - 2030 (USD Million)
- 61. Central & South America basketball Gear Market Estimates and Forecast by Distribution Channel 2017 - 2030 (USD Million)
- 62. Argentina basketball Gear Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 63. Argentina basketball Gear Market Estimates and Forecast by Product, 2017 - 2030 (USD Million)
- 64. Argentina basketball Gear Market Estimates and Forecast by Distribution Channel, 2017 - 2030 (USD Million)
- 65. Middle East & Africa basketball Gear Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 66. Middle East & Africa basketball Gear Market Estimates and Forecast by Product, 2017 - 2030 (USD Million)
- 67. Middle East & Africa basketball Gear Market Estimates and Forecast by Distribution Channel, 2017 - 2030 (USD Million)
- 68. South Africa basketball Gear Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 69. South Africa basketball Gear Market Estimates and Forecast by Product, 2017 - 2030 (USD Million)
- 70. South Africa basketball Gear Market Estimates and Forecast by Distribution Channel, 2017 - 2030 (USD Million)
- 71. Vendor landscape
List of Figures
- 1. Basketball Gear Market Snapshot
- 2. Basketball Gear Market Segmentation & Scope
- 3. Basketball Gear Market Penetration & Growth Prospect Mapping
- 4. Basketball Gear Market Value Chain Analysis
- 5. Basketball Gear Market Dynamics
- 6. Basketball Gear Market Porter's Analysis
- 7. Basketball Gear Market : Product Movement Analysis
- 8. Basketball Gear Market : Distribution Channel Movement Analysis
- 9. Basketball Gear Market : Regional Movement Analysis
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