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Global Baseball Equipment Market to grow at a CAGR of 3.89% during the period 2016-2020

Press release   •   Jul 06, 2016 09:35 EDT

About the Baseball Equipment Market

Baseball is a very popular sport in the US, Japan, Canada, South Korea, Taiwan, and Latin America. It is known as the national sport or national pastime in the US, and its popularity is increasing in other countries as well. The global baseball equipment market will be driven by a number of growth factors, one of the most important being a worldwide rise in the number of development programs to increase participation in baseball by MLB. The increasing salaries of professional baseball players and the introduction of a number of baseball tournaments to make it popular enough to potentially be included back in the Olympic Games, which will fuel considerable growth in the market over the next five years. Product innovations will also help to grow the market, such as in the replacement of traditional equipment like heavy leather gloves with new and innovative products.

Technavios analysts forecast the Global Baseball Equipment Market to grow at a CAGR of 3.89% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global baseball equipment market for 2016-2020. To calculate the market size, the report has taken into consideration the revenue generated from the sales of the following baseball and softball equipment:

Bats

Gloves

Shoes

Balls

Protective gear and others

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

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Technavio's report, Global Baseball Equipment Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Adidas

Amer Sports

Jarden (Newell Brands)

Mizuno

Nike

Performance Sports Group

Other prominent vendors

Akadema

All-Star

ASICS

Champro

D-Bat

Diamond

Evoshield

Franklin Sports

Marucci

Nokona

Schutt

Under Armour

Market driver

Increasing popularity of baseball

For a full, detailed list, view our report

Market challenge

Expensive sport

For a full, detailed list, view our report

Market trend

Product innovation

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?