Baseball Equipment Market Size, Share & Trends Report

Baseball Equipment Market Size, Share & Trends Analysis Report By Product (Bat, Helmet), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores), And Segment Forecasts, 2019 - 2025

  • Published Date: Jul, 2019
  • Base Year for Estimate: 2018
  • Report ID: GVR-3-68038-159-7
  • Format: Electronic (PDF)
  • Historical Data: 2015 - 2017
  • Number of Pages: 80

Industry Insights

The global baseball equipment market size was valued at USD 15.3 billion in 2018. Increasing number of participants including youngsters and adult players in outdoor sports is projected to be the key driving factor. Furthermore, government initiatives on encouraging the population for participating in baseball as a professional sport are expected to increase the demand for baseball equipment in the near future.

For instance, in February 2019, the U.S. Government launched a four day, both on and off field athlete development program to provide better guidance to the participants. Baseball is considered to be a significant option to deal with anxiety issues on account of extensive use of energy and power required in the sport.

U.S. baseball equipment market

Use of helmets, gloves, and other accessories has been recommended as a part of game rule, which ensures safety and comfort benefits to the players on the field. Increasing health awareness regarding general fitness is also a primary factor for driving the demand for the baseball equipment market. In addition, constant development and innovation in the equipment and gears for baseball are influencing the demand for baseball equipment.

For instance, Catapult Sports, in March 2017, launched a baseball analytics product, which analyses the performance of the player, highlights the errors in the performance, and provides the suitable recommendations for improving the game of the player. These initiatives by the manufacturers in order to provide better game experience to the players are also determined to increase the product demand in the upcoming future.

Product Insights

Bat is anticipated to expand at a CAGR of 3.3% from 2019 to 2025. Continuous usage of different materials, including wood, composite, hybrid, and aluminum, based on baseball bats on account of perceiving greater performance depending on different pitches is expected to drive the bat segment in future. Keeping in mind the high consumption of baseball bats due to usage and tear, in April 2019, Wilson sporting goods, along with Autism Speaks, has launched limited edition and high performance baseball bat and gloves, in order to attract the premium and professional players.

Helmet is expected to expand at a CAGR of 4.0% from 2019 to 2025. This growth is attributed to growing awareness regarding safety playing habits and increasing number of injuries related to ball games, reported throughout the globe. Furthermore, new product launches by the market leaders, in consideration of the head safety of the players, are expected to remain a favorable factor in the near future.

Distribution Channel Insights

Supermarkets/Hypermarkets are anticipated to expand at a CAGR of 3.0% from 2019 to 2025. This growth is attributed to easy and wide availability of baseball equipment products in the supermarkets. This, in turn, helps the customers to choose a wide range of products through physical verification prior to any purchase. Furthermore, the players are inclined towards buying equipment from the supermarkets, in order to get the proper fit for the equipment and get the best performance. These factors are anticipated to drive the segment in the near future.

Baseball equipment products are also bought through convenience stores nearby customers. These include the branded outlets of the market leaders including Nike, Adidas, and YONEX. Through the convenience store, customers are exposed to the early purchase of latest and limited edition products, which are not available in the supermarkets.

Global baseball equipment market

The online segment is expected to expand at a CAGR of 4.0% on account of the intervention of various ecommerce stores in the market in order to meet the supply and demand of the market. Moreover, online portals offer an ease of availability and collective brands at one place, along with doorstep delivery to the customers. Companies such as decathlon.in, baseballexpress.com, and baseballwarehouse.com are coming up with new services for delivering customized products to the customers. These factors are expected to open new avenues for the market in the near future.

Regional Insights

North America emerged as the dominant regional market with a share of 37.3% in 2018. Initiatives by the U.S. government to promote investment in new tournaments and leagues for baseball in order to encourage the participants to become professionals are expected to remain a key driving force.

Asia Pacific is expected to expand at a CAGR of 3.5% from 2019 to 2025. Increasing adoption of western sports, along with favorable government initiatives to increase spending on baseball in Japan, China, and South Korea, is expected to have a positive impact on the market growth. Furthermore, increasing disposable income and changing lifestyle among the middle-income groups of emerging economies including China, India, and Thailand are expected to open up new avenues for the industry over the next few years.

Baseball Equipment Market Share Insights

Key market players include Nike; Adidas; Newell Brands Inc.; Amer Sports; Mizuno Corporation; Zett Corporation; Under Armour Inc.; Schutt Sports Inc.; Phoenix Bat Company; and YONEX Co. Ltd. The companies are focusing on acquiring a larger market share by developing new and innovative products. Moreover, the companies are focused on designing functional products in order to meet the demand of customers.

Report Scope

Attribute

Details

Base year for estimation

2018

Actual estimates/Historical data

2015 - 2017

Forecast period

2019 - 2025

Market representation

Revenue in USD Million & CAGR from 2019 to 2025

Regional scope

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

Report coverage      

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

Country scope

U.S., Canada, Mexico, U.K., Germany, Japan, Brazil, and South Africa

15% free customization scope (equivalent to 5 analyst working days)

If you need specific information, which is not currently within the scope of the report, we will provide it to you as a part of customization


Segments Covered in the Report

This report forecasts revenue growth at the 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 the purpose of this study, Grand View Research has segmented the global baseball equipment market report on the basis of product, distribution channel, and region:

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

    • Bat

    • Helmet

    • Gloves

    • Equipment Bag

    • Accessories

  • Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

    • Supermarkets/Hypermarkets

    • Convenience Stores

    • Online

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

    • North America

      • U.S.

      • Canada

      • Mexico

    • Europe

      • Germany

      • U.K.

    • Asia Pacific

      • Japan

    • Central & South America

      • Brazil

    • Middle East & Africa

      • South Africa

Key questions answered by the report
Request for Customization

Choose License Type

Single User - $2,450
Multi User (2-5) - $5,450
Enterprise Access - $9,450

Buy Chapters or Sections

Avail customized purchase options to meet your exact research needs:

  • Buy sections of this report
  • Buy country level reports
  • Request for historical data
  • Request discounts available for Start-Ups & Universities

Why Choose Us

  • Research support

    24/5 Research support

    Get your queries resolved from an industry expert.

  • Custom research service

    Custom research service

    Design an exclusive study to serve your research needs.

  • Quality assurance

    Quality assurance

    A testimonial for service in the form of BBB "A" Accreditation.

  • BBB Rating dandb
  • Information security

    Information security

    Your personal and confidential information is safe and secure.

  • grand view research PCI DSS complaint grand view research paypal verified