The global ball sports luggage market size is expected to
reach USD 3.88 billion by 2025 registering a CAGR of 10.4%, according to a new
report by Grand View Research, Inc. Rising importance of outdoor sports in
maintaining a healthy lifestyle is the key factor augmenting the market growth.
Preference for ball games is also a major driving factor for the market. Ball
sports luggage are proven to maintain the quality and rigidness of the material
for a longer period.
In addition, professional usage of the ball
sports luggage across various sports associations, such as National Football
League (NFL) and National Basketball Association (NBA), acts as a major factor
boosting the product demand. These sports bodies have also undertaken
initiatives to increase the awareness about the importance 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. Basketball type segment held the largest market
share of 39.7% in 2018 and will retain its leading industry position throughout
the forecast years.
On the other hand, football type segment is
projected to expand at the fastest CAGR from 2019 to 2025. Asia Pacific is
expected to witness the highest CAGR of 11.5% during the forecast period on
account of increasing awareness about the health benefits of outdoor sports.
Moreover, rising number of different sports competitions held across countries,
such as China, Japan, and India, will contribute to the product demand. For
instance, in June 2017, T2 Asia Pacific was inaugurated, a new table tennis
league involving world’s top 24 players.
For full research report on Ball Sports
Luggage Market visit here: https://www.grandviewresearch.com/industry-analysis/ball-sports-luggage-market
Further key
findings from the study suggest:
- In terms of revenue, North America contributed
to the maximum share in the global ball sports luggage market
- The basketball type segment accounted for the
largest revenue share in 2018 and will continue growing further. The
football type segment is expected to register the fastest CAGR from 2019
to 2025
- The global market is highly competitive and
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; Mikasa Sports USA
Get request sample of this report here: https://www.grandviewresearch.com/industry-analysis/ball-sports-luggage-market/request/rs1
Grand
View Research has segmented the global ball sports luggage market on the basis
of type and region:
Ball Sports
Luggage Type Outlook (Revenue, USD Million, 2015 - 2025)
- Football
- Basketball
- Table Tennis
- Others
Ball Sports
Luggage Regional Outlook (Revenue, USD Million, 2015 - 2025)
- North America
- U.S.
- Europe
- Germany
- U.K.
- Asia Pacific
- China
- India
- Central & South
America
- Brazil
- Middle East &
Africa
About Grand View
Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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