Global Basketball Equipment Market Growth 2023-2029

Global Basketball Equipment Market Growth 2023-2029

Basketball game is a kind of competitive game with 10 players normally. It is popular among most of people. The teams collect points by throwing the basketball across an elevated horizontal hoop.

LPI (LP Information)' newest research report, the “Basketball Equipment Industry Forecast” looks at past sales and reviews total world Basketball Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Basketball Equipment sales for 2023 through 2029. With Basketball Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Basketball Equipment industry.

This Insight Report provides a comprehensive analysis of the global Basketball Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Basketball Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Basketball Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Basketball Equipment and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Basketball Equipment.

The global Basketball Equipment market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

The increasing demand for basketball shoes drives the growth of market. Increasing awareness toward people health, people preference for basketball, growing disposable income and popularity of NBA are main factors contributing to the growth of market. Changing lifestyle make people suffer from anxiety and obesity. Therefore, basketball game can help people reduce stress. With the presence of NBA players, increasing number of people pay more attention to NBA. A large number fans prefer to purchase basketball shoes or T-shirt endorsed by these players due to their high performance in every moment. North America is expected to dominate the market on account of NBA and people preference.

This report presents a comprehensive overview, market shares, and growth opportunities of Basketball Equipment market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Basketball Shoes
Basketballs
Basketball Accessories
Basketball Training Equipment

Segmentation by application
Specialty and Sports Shops
Department and Discount Stores
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Adidas
Amer Sports
Nike
Rawlings Sporting Goods
Spalding Sports Equipment
JORDAN

Key Questions Addressed in this Report

What is the 10-year outlook for the global Basketball Equipment market?

What factors are driving Basketball Equipment market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Basketball Equipment market opportunities vary by end market size?

How does Basketball Equipment break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.