Global Ball Sports Equipment Market Expected to Grow at a CAGR of 3.6% through 2021

Published on : Oct 19, 2016

Albany, New York, October 19, 2016: Market Research Hub announces the addition of a new market forecast report to its repository.  The report, titled, “Global Ball Sports Equipment Market” offers a detailed analysis on the drivers, restrains, trends, and other key factors that can impact demand for ball sports equipment market during the forecast period 2016-2021. According to the findings of the report, the global ball sports equipment market is expected to reach US$ 20 billion in revenues by 2020. During the forecast period, the market is projected to increase at a CAGR of 3.6%. The report offers a lucid analysis on the market, segmenting the market on the basis of product types, applications and end-use industries.

The sports equipment key manufacturers are rapidly embracing new technologies and adapting its products in order to keep updated with frequently changing global trends. The U.S and Canada are among the largest markets for sports equipment in North America. Growing demand for sports equipment in the developing economies of Asia-Pacific is projected to show high growth prospects during the forecast period.

The key markets in which the ball sports equipment market is analyzed include North America, Europe, China, Japan, Southeast Asia, and India. The report offers production, price, revenue, and market share for leading players in the market, including Adidas, Nike, Amer Sports, Mizuno, Under Armour, GAMMA Sports, ASICS, Dunlop Sports Group Americas, New Balance Athletic Shoe, Prince Sports, PACIFIC, ProKennex, PowerAngle, Slazenger, Puma, Solinco, and Yonex. A detailed overview of these leading manufacturer of ball sports equipment, along with manufacturing base and competitors is also presented in the report.

The report has segmented the global ball sports equipment market on the basis of type and applications. Actionable data on the production, revenue, price, market share and growth rate of each application and type is offered to the readers. The popularity of sporting events such as football and basketball is the key growth driver for this segment. The expected growth rate for each segment has been provided in the research study, along with the demand, consumption, and supply figures of ball sports equipment to give a clear picture of the overall market.

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