US - Baseball Equipment Market by Distribution Channel, Type and End-user - Forecast and Analysis 2024-2028

Published: Nov 2023 Pages: 154 SKU: IRTNTR70485

US - Baseball Equipment Market 2024-2028

  • The US - Baseball Equipment Market size is estimated to grow by USD 307.15 million between 2023 and 2028
  • The market is accelerating at a  compound annual growth rate of 6.12%.

This US baseball equipment market report extensively covers market segmentation by Distribution Channel (specialty and sports shops, department and discount stores, online retail, and others), Type (bats, gloves, shoes, balls, and protective gear and others), and End-user (institutional and individual). It also includes an in-depth analysis of growing participation rates in the baseball industry, growing customization of baseball equipment, and inconsistent raw material prices and intense competition. 

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US Baseball Equipment Market Major Companies

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the US Baseball Equipment Market. Some of the major companies in the market include:

Adidas AG - The company offers baseball equipment such as Ultraboost Light Baseball Cleats, Ultraboost Light Baseball Cleats, and Adizero Afterburner 9 Nwv Hispanic Heritage Cleats.

The market report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including Adidas AG, Akadema Inc., Amer Sports Corp., ASICS Corp., BRG Sports Inc., Champro Sports, D BAT Sports, Diamond Sports, Franklin Sports Inc., Marucci Sports LLC, Mizuno Corp, New Balance Athletics Inc., Nike Inc., Nokona American Ball Gloves, Rawlings Sporting Goods Co. Inc., Under Armour Inc., and Hillerich and Bradsby Co.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified. Furthermore, it is also quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

US Baseball Equipment Market Size And Market Dynamic

Our researchers analyzed the data with 2023 as the base year and the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key US Baseball Equipment Market Drivers

Growing participation rates in the baseball industry are notably driving market growth. Participation rates in the US - baseball equipment market have been steadily increasing over the past few years. This can be attributed to a number of factors, including increased accessibility to the sport, growing interest among youth players, and more opportunities to play at both amateur and professional levels. Additionally, there has been a rise in the number of amateur and recreational baseball leagues for adults. These leagues provide an opportunity for former players and newcomers to the sport to participate and compete in a relaxed and social setting. The increased participation rates in the US - baseball equipment market are a positive sign for the sport, as they indicate a growing interest in the game at all levels and provide opportunities for athletes to develop their skills and compete at the highest level. This is expected to drive the growth of the US baseball equipment market during the forecast period.

Significant US Baseball Equipment Market Trends

Growing customization of baseball equipment is an emerging trend shaping the market growth. The rapid evolution of baseball equipment and the increased competition in the market have made it necessary for companies to focus on strategies such as faster delivery processes and mass customization and personalization. Mass customization and personalization have slowly been gaining importance in the US - baseball equipment market, primarily driven by the advances in technology, add-on features and equipment, and shape, size, and color of baseball equipment. The companies in the US - baseball equipment market are increasingly adopting mass customization processes. However, the growth in consumer preference for customized baseball equipment such as bats and protective equipment, coupled with the increasing awareness about special sporting events in countries, including the US, will aid companies in growth. Such factors are expected to drive market growth during the forecast period. 

Major US Baseball Equipment Market Challenges

Inconsistent raw material prices and intense competition a significant challenges hindering the market growth. In the present market scenario, baseball equipment manufacturers are witnessing fluctuations in their profit margins, owing to the volatility in the prices of raw materials and increasing competition among companies. As the manufacturing unit establishment costs are low, there is an influx of regional companies. The emergence of regional companies leads to price wars among competitors. This propels global companies to reduce the prices of their products, thereby reducing their profit margins. However, manufacturers find it difficult to anticipate spending or control costs due to these price fluctuations. In addition, cost-driven end-users prefer low-cost baseball equipment rather than invest heavily in global brands. This, in turn, reduces the sales potential and revenues of international companies which limits US - baseball equipment market growth. Therefore, inconsistent raw material prices and intense competition pose major challenges to the growth of the market during the forecast period.

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US Baseball Equipment Market Segmentation And Region

By Distribution Channel

The specialty and sports shops segment is estimated to witness significant growth during the forecast period. Specialty and sports shops are stores that specialize in selling a specific category of products, such as sports equipment, clothing, or accessories. Specialty and sports shops often carry a wide range of baseball equipment and apparel, including gloves, bats, cleats, uniforms, protective gear, and more. The specialty and sports shops segment was the largest and was valued at  USD 389.71 billion in 2018. In addition to selling baseball equipment, specialty and sports shops may also offer services such as equipment repair and customization, as well as hosting events such as product launches, player signings, or instructional clinics. Overall, specialty and sports shops play an important role in the baseball industry, providing players with access to a wide range of equipment and apparel and offering personalized service and expertise to help players perform at their best. Thus, growing demand for baseball equipment will help the specialty and sports shops segment of the market grow during the forecast period.

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By Type

Based on type, the market has been segmented into bats, gloves, shoes, balls, and protective gear and others. The bats segment will account for the largest share of this segment.?

US Baseball Equipment Market Scope

Report Coverage

Details

Page number

120

Base year

2023

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 6.12%

Market Growth 2024-2028

USD 307.15 million

Market structure

Fragmented

YoY growth (%)

4.8

Competitive landscape

Leading companies, Competitive Strategies, Consumer engagement scope

Key companies profiled

Adidas AG, Akadema Inc., Amer Sports Corp., ASICS Corp., BRG Sports Inc., Champro Sports, D BAT Sports, Diamond Sports, Franklin Sports Inc., Marucci Sports LLC, Mizuno Corp, New Balance Athletics Inc., Nike Inc., Nokona American Ball Gloves, Rawlings Sporting Goods Co. Inc., Under Armour Inc., and Hillerich and Bradsby Co.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. 

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this US Baseball Equipment Market Research Report?

  • CAGR of the market during the forecast period 2024-2028
  • Detailed information on factors that will drive US Baseball Equipment Market growth during the next five years
  • Precise estimation of the US Baseball Equipment Market  size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the US Baseball Equipment Market  across US
  • A thorough analysis of the market’s competitive landscape and detailed information on companies
  • Comprehensive details of factors that will challenge the growth of US Baseball Equipment Market  companies

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Country Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market Segmentation by Distribution Channel
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 08: Parent market
    • Exhibit 09: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 10: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 11: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 12: Chart on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 13: Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 14: Chart on US: Year-over-year growth 2023-2028 (%)
      • Exhibit 15: Data Table on US: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Baseball equipment market in US 2018 - 2022
      • Exhibit 16: Historic Market Size – Data Table on baseball equipment market in US 2018 - 2022 ($ million)
    • 4.2 Distribution Channel Segment Analysis 2018 - 2022
      • Exhibit 17: Historic Market Size – Distribution Channel Segment 2018 - 2022 ($ million)
    • 4.3 Type Segment Analysis 2018 - 2022
      • Exhibit 18: Historic Market Size – Type Segment 2018 - 2022 ($ million)
    • 4.4 End-user Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – End-user Segment 2018 - 2022 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 20: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 21: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 22: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 23: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 24: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 25: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 26: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Distribution Channel

    • 6.1 Market segments
      • Exhibit 27: Chart on Distribution Channel - Market share 2023-2028 (%)
      • Exhibit 28: Data Table on Distribution Channel - Market share 2023-2028 (%)
    • 6.2 Comparison by Distribution Channel
      • Exhibit 29: Chart on Comparison by Distribution Channel
      • Exhibit 30: Data Table on Comparison by Distribution Channel
    • 6.3 Specialty and sports shops - Market size and forecast 2023-2028
      • Exhibit 31: Chart on Specialty and sports shops - Market size and forecast 2023-2028 ($ million)
      • Exhibit 32: Data Table on Specialty and sports shops - Market size and forecast 2023-2028 ($ million)
      • Exhibit 33: Chart on Specialty and sports shops - Year-over-year growth 2023-2028 (%)
      • Exhibit 34: Data Table on Specialty and sports shops - Year-over-year growth 2023-2028 (%)
    • 6.4 Department and discount stores - Market size and forecast 2023-2028
      • Exhibit 35: Chart on Department and discount stores - Market size and forecast 2023-2028 ($ million)
      • Exhibit 36: Data Table on Department and discount stores - Market size and forecast 2023-2028 ($ million)
      • Exhibit 37: Chart on Department and discount stores - Year-over-year growth 2023-2028 (%)
      • Exhibit 38: Data Table on Department and discount stores - Year-over-year growth 2023-2028 (%)
    • 6.5 Online retail - Market size and forecast 2023-2028
      • Exhibit 39: Chart on Online retail - Market size and forecast 2023-2028 ($ million)
      • Exhibit 40: Data Table on Online retail - Market size and forecast 2023-2028 ($ million)
      • Exhibit 41: Chart on Online retail - Year-over-year growth 2023-2028 (%)
      • Exhibit 42: Data Table on Online retail - Year-over-year growth 2023-2028 (%)
    • 6.6 Others - Market size and forecast 2023-2028
      • Exhibit 43: Chart on Others - Market size and forecast 2023-2028 ($ million)
      • Exhibit 44: Data Table on Others - Market size and forecast 2023-2028 ($ million)
      • Exhibit 45: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 46: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 6.7 Market opportunity by Distribution Channel
      • Exhibit 47: Market opportunity by Distribution Channel ($ million)
      • Exhibit 48: Data Table on Market opportunity by Distribution Channel ($ million)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 49: Chart on Type - Market share 2023-2028 (%)
      • Exhibit 50: Data Table on Type - Market share 2023-2028 (%)
    • 7.2 Comparison by Type
      • Exhibit 51: Chart on Comparison by Type
      • Exhibit 52: Data Table on Comparison by Type
    • 7.3 Bats - Market size and forecast 2023-2028
      • Exhibit 53: Chart on Bats - Market size and forecast 2023-2028 ($ million)
      • Exhibit 54: Data Table on Bats - Market size and forecast 2023-2028 ($ million)
      • Exhibit 55: Chart on Bats - Year-over-year growth 2023-2028 (%)
      • Exhibit 56: Data Table on Bats - Year-over-year growth 2023-2028 (%)
    • 7.4 Gloves - Market size and forecast 2023-2028
      • Exhibit 57: Chart on Gloves - Market size and forecast 2023-2028 ($ million)
      • Exhibit 58: Data Table on Gloves - Market size and forecast 2023-2028 ($ million)
      • Exhibit 59: Chart on Gloves - Year-over-year growth 2023-2028 (%)
      • Exhibit 60: Data Table on Gloves - Year-over-year growth 2023-2028 (%)
    • 7.5 Shoes - Market size and forecast 2023-2028
      • Exhibit 61: Chart on Shoes - Market size and forecast 2023-2028 ($ million)
      • Exhibit 62: Data Table on Shoes - Market size and forecast 2023-2028 ($ million)
      • Exhibit 63: Chart on Shoes - Year-over-year growth 2023-2028 (%)
      • Exhibit 64: Data Table on Shoes - Year-over-year growth 2023-2028 (%)
    • 7.6 Balls - Market size and forecast 2023-2028
      • Exhibit 65: Chart on Balls - Market size and forecast 2023-2028 ($ million)
      • Exhibit 66: Data Table on Balls - Market size and forecast 2023-2028 ($ million)
      • Exhibit 67: Chart on Balls - Year-over-year growth 2023-2028 (%)
      • Exhibit 68: Data Table on Balls - Year-over-year growth 2023-2028 (%)
    • 7.7 Protective gear and others - Market size and forecast 2023-2028
      • Exhibit 69: Chart on Protective gear and others - Market size and forecast 2023-2028 ($ million)
      • Exhibit 70: Data Table on Protective gear and others - Market size and forecast 2023-2028 ($ million)
      • Exhibit 71: Chart on Protective gear and others - Year-over-year growth 2023-2028 (%)
      • Exhibit 72: Data Table on Protective gear and others - Year-over-year growth 2023-2028 (%)
    • 7.8 Market opportunity by Type
      • Exhibit 73: Market opportunity by Type ($ million)
      • Exhibit 74: Data Table on Market opportunity by Type ($ million)

    8 Market Segmentation by End-user

    • 8.1 Market segments
      • Exhibit 75: Chart on End-user - Market share 2023-2028 (%)
      • Exhibit 76: Data Table on End-user - Market share 2023-2028 (%)
    • 8.2 Comparison by End-user
      • Exhibit 77: Chart on Comparison by End-user
      • Exhibit 78: Data Table on Comparison by End-user
    • 8.3 Institutional - Market size and forecast 2023-2028
      • Exhibit 79: Chart on Institutional - Market size and forecast 2023-2028 ($ million)
      • Exhibit 80: Data Table on Institutional - Market size and forecast 2023-2028 ($ million)
      • Exhibit 81: Chart on Institutional - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on Institutional - Year-over-year growth 2023-2028 (%)
    • 8.4 Individual - Market size and forecast 2023-2028
      • Exhibit 83: Chart on Individual - Market size and forecast 2023-2028 ($ million)
      • Exhibit 84: Data Table on Individual - Market size and forecast 2023-2028 ($ million)
      • Exhibit 85: Chart on Individual - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on Individual - Year-over-year growth 2023-2028 (%)
    • 8.5 Market opportunity by End-user
      • Exhibit 87: Market opportunity by End-user ($ million)
      • Exhibit 88: Data Table on Market opportunity by End-user ($ million)

    9 Customer Landscape

    • 9.1 Customer landscape overview
      • Exhibit 89: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 90: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 91: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 92: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 93: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 94: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 95: Matrix on vendor position and classification
            • 12.3 Adidas AG
              • Exhibit 96: Adidas AG - Overview
              • Exhibit 97: Adidas AG - Business segments
              • Exhibit 98: Adidas AG - Key news
              • Exhibit 99: Adidas AG - Key offerings
              • Exhibit 100: Adidas AG - Segment focus
            • 12.4 Akadema Inc.
              • Exhibit 101: Akadema Inc. - Overview
              • Exhibit 102: Akadema Inc. - Product / Service
              • Exhibit 103: Akadema Inc. - Key offerings
            • 12.5 Amer Sports Corp.
              • Exhibit 104: Amer Sports Corp. - Overview
              • Exhibit 105: Amer Sports Corp. - Product / Service
              • Exhibit 106: Amer Sports Corp. - Key offerings
            • 12.6 ASICS Corp.
              • Exhibit 107: ASICS Corp. - Overview
              • Exhibit 108: ASICS Corp. - Product / Service
              • Exhibit 109: ASICS Corp. - Key news
              • Exhibit 110: ASICS Corp. - Key offerings
            • 12.7 Champro Sports
              • Exhibit 111: Champro Sports - Overview
              • Exhibit 112: Champro Sports - Product / Service
              • Exhibit 113: Champro Sports - Key offerings
            • 12.8 D BAT Sports
              • Exhibit 114: D BAT Sports - Overview
              • Exhibit 115: D BAT Sports - Product / Service
              • Exhibit 116: D BAT Sports - Key offerings
            • 12.9 Diamond Sports
              • Exhibit 117: Diamond Sports - Overview
              • Exhibit 118: Diamond Sports - Product / Service
              • Exhibit 119: Diamond Sports - Key offerings
            • 12.10 Franklin Sports Inc.
              • Exhibit 120: Franklin Sports Inc. - Overview
              • Exhibit 121: Franklin Sports Inc. - Product / Service
              • Exhibit 122: Franklin Sports Inc. - Key offerings
            • 12.11 Marucci Sports LLC
              • Exhibit 123: Marucci Sports LLC - Overview
              • Exhibit 124: Marucci Sports LLC - Product / Service
              • Exhibit 125: Marucci Sports LLC - Key offerings
            • 12.12 Mizuno Corp
              • Exhibit 126: Mizuno Corp - Overview
              • Exhibit 127: Mizuno Corp - Business segments
              • Exhibit 128: Mizuno Corp - Key offerings
              • Exhibit 129: Mizuno Corp - Segment focus
            • 12.13 New Balance Athletics Inc.
              • Exhibit 130: New Balance Athletics Inc. - Overview
              • Exhibit 131: New Balance Athletics Inc. - Product / Service
              • Exhibit 132: New Balance Athletics Inc. - Key offerings
            • 12.14 Nike Inc.
              • Exhibit 133: Nike Inc. - Overview
              • Exhibit 134: Nike Inc. - Business segments
              • Exhibit 135: Nike Inc. - Key news
              • Exhibit 136: Nike Inc. - Key offerings
              • Exhibit 137: Nike Inc. - Segment focus
            • 12.15 Nokona American Ball Gloves
              • Exhibit 138: Nokona American Ball Gloves - Overview
              • Exhibit 139: Nokona American Ball Gloves - Product / Service
              • Exhibit 140: Nokona American Ball Gloves - Key offerings
            • 12.16 Rawlings Sporting Goods Co. Inc.
              • Exhibit 141: Rawlings Sporting Goods Co. Inc. - Overview
              • Exhibit 142: Rawlings Sporting Goods Co. Inc. - Product / Service
              • Exhibit 143: Rawlings Sporting Goods Co. Inc. - Key offerings
            • 12.17 Under Armour Inc.
              • Exhibit 144: Under Armour Inc. - Overview
              • Exhibit 145: Under Armour Inc. - Business segments
              • Exhibit 146: Under Armour Inc. - Key offerings
              • Exhibit 147: Under Armour Inc. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 148: Inclusions checklist
                • Exhibit 149: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 150: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 151: Research methodology
                • Exhibit 152: Validation techniques employed for market sizing
                • Exhibit 153: Information sources
              • 13.5 List of abbreviations
                • Exhibit 154: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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