Market Research Report
Baseball Equipment Market in the US 2019-2023
|Published by||TechNavio (Infiniti Research Ltd.)||Product code||368253|
|Published||Content info||122 Pages
Delivery time: 1-2 business days
|Baseball Equipment Market in the US 2019-2023|
|Published: July 10, 2019||Content info: 122 Pages||
Technavio's baseball equipment market analysis considers sales from bats, gloves, shoes, balls, and protective gear and others. Our analysis also considers the sales of baseball equipment in the US. In 2018, the bat's segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as frequent replacement of wooden bats will play a significant role in the bat's segment to maintain its market position. Also, our baseball equipment market in the US report also looks at factors such as the necessity for quick replacement of bats and balls, increasing the popularity of baseball, rise in salaries of baseball players, and regulations mandating the use of protective gear. However, low women participation rate, inconsistent raw material prices, and intense competition may hamper the growth of the baseball equipment industry in the US over the forecast period.
Baseball is the second biggest sports in terms of popularity across the US after American Football and an increasing number of European players participating in the major professional sports league has added to the popularity of the sport. Also, the contract signed by well-known players in a baseball team is increasing the popularity rate of the game among the youth. This popularity for baseball game will lead to the expansion of the baseball equipment market in the US at a CAGR of over 4% during the forecast period.
Mass customization and personalization of baseball equipment are slowly gaining popularity across the US. The advancement in technology is helping vendors to customize equipment based onthe specific requirement of players in terms of size, shape, and color. This development is expected to have a positive impact on the overall market growth.
For the detailed list of factors that will drive the baseball equipment market in the US during the forecast period 2019-2023, view our report.
With the presence of several major players, the baseball equipment market in the US is fragmented. Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading baseball equipment manufacturers, that include Adidas AG, Amer Sports Corp., Mizuno Corp., Nike Inc., and Under Armour Inc.
Also, the baseball equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.