Ball Sports Luggage Market Size, Share & Trends Report

Ball Sports Luggage Market Size, Share & Trends Analysis Report By Type (Basketball, Football, Table Tennis), By Region (North America, Europe, Central & South America, APAC, MEA), And Segment Forecasts, 2019 - 2025

  • Published Date: Jul, 2019
  • Base Year for Estimate: 2018
  • Report ID: GVR-3-68038-369-0
  • Format: Electronic (PDF)
  • Historical Data: 2015 - 2017
  • Number of Pages: 80

Industry Insights

The global ball sports luggage market size was valued at USD 1.93 billion in 2018 and is projected to expand at a CAGR of 10.4% from 2019 to 2025. The rising importance of outdoor sports in maintaining a healthy lifestyle is the key factor augmenting market growth. Preference for ball games is also a major driving factor for the market.

The rising popularity of ball sports, such as basketball, baseball, tennis, football, and golf, is further boosting the market growth. Increasing participation in games associated with campaigns initiated by major sports associations and professional leagues, such as Western Hockey League (WHL), National Football League (NFL), National Basketball Association (NBA) Major League Baseball (MLB), and Indian Premier League (IPL), is also expected to drive the demand.

U.S. ball sports luggage Market

These sports bodies have also undertaken initiatives to increase awareness about the health benefits of sports. For example, the Sport for All initiative undertaken by the President's Council on Sports, Fitness & Nutrition aims at educating people about the health benefits of outdoor sports. The growing importance of ball sports luggage owing to safe transportation and storage has also created a surge in product demand.

Moreover, ball sports luggage is proven to maintain the quality and rigidness of the material for a longer period. Moreover, various government incentive structures encouraging people to choose sports as a career option will have a positive impact on product demand. Leading manufacturers in the market are focusing on developing innovative products to fulfill the changing demands. This is also likely to contribute to the ball sports luggage market growth.

Type Insights

The basketball segment accounted for the largest share of the global market in 2018 and will continue its dominance over the forecast years. An increasing number of sports associations will drive the segment growth further. For instance, The National Basketball Association (NBA) was formed in North America compromising 30 teams. It is one of the major four sports leagues in the U.S. and Canada.

Also, new product launches under different brands are likely to support segment growth. For instance, in 2018, Under Armour, Inc. launched a basketball duggle bag with a 56L of volume for greater storage capacity. Football luggage bags segment is expected to witness the fastest CAGR of 11.0% from 2019 to 2025. Increased spending on these sports equipment is a major factor driving the segment.

Regional Insights

North America dominated the global market in 2018 and will expand further at a healthy CAGR from 2019 to 2025. The U.S., in particular, witnesses the maximum demand due to the high popularity of basketball, football, and hockey. Also, the country has the largest market for professional sports. Moreover, sports are associated with education in the U.S. and Canada wherein high schools and universities organize sports competitions, which drives the product demand, thereby augmenting the regional market growth.

Global ball sports luggage Market

Asia Pacific is expected to be the fastest-growing regional market at a CAGR of 11.5% from 2019 to 2025. An increasing number of different sports competitions held across countries, such as China, Japan, and India, are also driving the product demand in the region. For instance, in June 2017, T2 Asia Pacific was inaugurated, a new table tennis league involving the world’s top 24 players.

Ball Sports Luggage Market Share Insights

The global market is highly competitive. Some of the key companies include Adidas America, Inc.; Amer Sports; Nike, Inc.; PUMA; Under Armour, Inc.; Sport System S.r.l.; Belco; Gala a.s.; Dunlop Sports; and Mikasa Sports USA. These companies have undertaken several marketing strategies, such as mergers & acquisitions, capacity expansion, product, and technological development.

Report Scope

Attribute

Details

The base year for estimation

2018

Actual estimates/Historical data

2015 - 2017

Forecast period

2019 - 2025

Market representation

Revenue in USD Million and CAGR from 2019 to 2025

Regional scope

North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa

Country scope

U.S., Germany, U.K., India, China, and Brazil

Report coverage

Revenue forecast, company share, competitive landscape, growth factors and trends

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Segments
Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2025. For this study, Grand View Research has segmented the global ball sports luggage market report based on type and region:

  • Type Outlook (Revenue, USD Million, 2015 - 2025)

    • Football

    • Basketball

    • Table Tennis

    • Others

  • Regional Outlook (Revenue, USD Million, 2015 - 2025)

    • North America

      • The U.S.

    • Europe

      • Germany

      • U.K.

    • Asia Pacific

      • China

      • India

    • Central & South America

      • Brazil

    • Middle East & Africa

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