PUBLISHER: Grand View Research | PRODUCT CODE: 1575175
PUBLISHER: Grand View Research | PRODUCT CODE: 1575175
The global volleyball apparel and equipment market size is estimated to reach USD 5.38 billion in 2030 and is projected to grow at a CAGR of 5.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. The rising demand for volleyball apparel and equipment is driven by several key factors and trends that reflect the sport's growing popularity and the evolving preferences of consumers. One of the primary reasons for the expansion of the volleyball market is the increasing popularity of the sport itself. Moreover, volleyball is accessible and easy to play, requiring minimal equipment, just a ball and a net. This simplicity encourages participation, leading to a rise in both recreational and competitive play.
As more individuals become aware of the health benefits associated with physical activity, there is a corresponding increase in participation in sports, including volleyball. The emphasis on active lifestyles and fitness has led to greater involvement in sports activities, which in turn drives the demand for volleyball equipment. Schools and communities are increasingly promoting sports programs, contributing to a larger base of players and enthusiasts. This growing awareness of health and fitness encourages individuals to seek out sports that provide both enjoyment and physical benefits, with volleyball emerging as a popular choice.
The market for volleyball equipment is also benefiting from technological advancements and innovations. The sport has gained traction not only in traditional indoor settings but also in beach volleyball, which has seen significant growth due to its casual appeal and inclusion in international competitions like the Olympics. The rising number of tournaments and leagues, especially for women, has further fueled interest and participation in volleyball. Moreover, advancements in materials and manufacturing processes, such as 3D printing, allow for customized and high-performance equipment, further attracting players to invest in quality gear.
Manufacturers are continually developing new products that enhance performance and safety, such as lightweight and durable volleyballs, specialized footwear, and protective gear like knee pads. The introduction of smart volleyballs equipped with sensors to track performance metrics is an example of how technology is being integrated into the sport, providing players with valuable insights for improvement. For instance, in October 2023, The Pro Volleyball Federation launched the PRO Collection, an exclusive line of volleyball uniforms and apparel designed "For Pros, By Pros." This initiative marks a significant step as the league prepares for its inaugural season, with all products crafted based on input and testing from Pro Volleyball Federation players.