Enjoy complimentary customisation on priority with our Enterprise License!
The ball sports luggage market is fragmented, and the degree of fragmentation is expected to remain the same by 2023. An outlook of accelerating growth would provide opportunities to all market participants to grow. Market participants should focus on the opportunities on the demand side rather than getting overly impacted with the competitive dynamics. The accelerating growth momentum will be one of the contributing factors moderating the competitive intensity in the market over the forecast period.
Some of the key findings from our ball sports luggage market forecast report are summarized below
Offline was the largest segment within the overall market in 2018 and will continue to remain so in 2023. The growth rate of the online segment will be faster than the global market growth during the forecast period 2019-2023. However, the growth rate of the offline segment will be slower than the overall market growth.
To identify growth opportunities in the ball sports luggage market, the market has been segmented into regions that are growing faster than the overall market. These regions have been pitted against regions that have a slower growth rate than the global market in 2018-2023. APAC and South America will grow faster than the overall market. Europe, MEA, and North America’s growth will be slower than the global market.
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.
This ball sports luggage market report provides a detailed analysis of the market by distribution channel (offline and online) and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors including adidas AG, Amer Sports, Nike, Inc., PUMA SE, and Under Armour, Inc.
With the increasing demand for sustainable products among consumers, the demand for ball sports luggage manufactured from eco-friendly raw materials is also increasing. This has encouraged vendors to use eco-friendly materials such as organic cotton, water-based adhesives, ocean plastic, and recycled materials in their manufacturing process. Thermoplastic elastomers (TPEs) are also being widely used to make environment friendly products. Hence, the advent of environment-friendly sports equipment is identified as a key trend that will positively impact the growth of the ball sports luggage market.
The number of ball sports tournaments has witnessed a rapid surge with an increasing number of people taking an active interest in ball sports activities. For instance, the popularity of basketball is not limited to the US and has spread across the UK, China, and other countries of Europe. The worldwide broadcasting of NBA games and strong social media presence has further bolstered the popularity of basketball across the globe. The popularity of wheelchair basketball and women’s basketball is also surging. This has resulted in the growth in the number of participants playing basketball and created several growth opportunities for basketball luggage vendors. Similarly, the growing number of ball sports tournaments will boost the growth of the ball sports luggage market at a CAGR of almost 5% during the forecast period.
The global ball sports luggage market is fragmented. To help clients improve their market position, this report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this ball sports luggage market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make most of the upcoming growth opportunities.
The report offers a detailed analysis of several leading companies, including:
The offline segment will account for the highest ball sports luggage market share because of the growth of specialty stores, department stores, and hypermarkets. This report provides an accurate prediction of the contribution of all the segments to the growth of the ball sports luggage market size.
With a complete study of the growth opportunities for the companies, it has been identified that North America will account for the highest share of the ball sports luggage market throughout the forecast period. The steady demand for sports equipment and the increasing number of basketball participants in the US are some of the factors driving ball sports luggage market growth in this region.
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
PART 15: EXPLORE TECHNAVIO
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.