Ball Sports Luggage Market Size, Share, Industry Trends Report, 2025 (Includes Business Impact of COVID-19)

                                          
Abstract, Snapshot, Market Analysis & Market Definition: Global Ball Sports Luggage Market


The global Ball Sports Luggage market size is projected to reach US$ 4.26 billion by 2026, from US$ 2.35 billion in 2020, at a CAGR of 10.4% during 2021-2026. 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.
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 Premiere League (IPL), is also expected to drive the demand.

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

Moreover, ball sports luggage are 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 the 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.

Market Segmentation, Outlook & Viewpoint: Global Ball Sports Luggage Market

Type Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2025)

  
Football
  
Basketball
  
Table Tennis
  
Others

Key Players, Recent Developments & Regional Insights: Global Ball Sports Luggage Market

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

In addition, new product launches under different brands is also 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 this sport 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. U.S., in particular, witnesses the maximum demand due to high popularity of basketball, football, and hockey. In addition, the country has the largest market for professional sports. Moreover, sports are associated with education in U.S. and Canada wherein high schools and universities organize sports competitions, which drives the product demand, thereby augmenting regional market growth.

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

Key Insights Covered: Global Ball Sports Luggage Market

1. North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Ball Sports Luggage industry.
2. Global major manufacturers operating situation (sales, revenue, growth rate and gross margin) of Ball Sports Luggage industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Ball Sports Luggage industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Ball Sports Luggage industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Ball Sports Luggage industry.

Research Methodology: Global Ball Sports Luggage Market

  
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
  
Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
  
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among other