Global Softball Apparel Market: High Demand for Softball Shirts to Drive Market Growth, Reviewed till 2026

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Fact.MR’s recent forecast study projects that during the period, 2017-2026, the global softball apparel market will reflect a value CAGR of 2.3%. It has been estimated that by the end of 2026, softball apparels worth over US$ 270 Mn will be sold across the globe.

Rockville, US, 2018-Apr-20 — /EPR Network/ — The global market discussion on softball apparel industry can be found in the latest study by Fact.MR, which has been freshly added to its massive collection of research database. The report is titled Softball Apparel Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2026”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. Apart from that, the research majorly focuses on softball apparel market’s competitive outlook by profiling major players functioning across the globe. As the report moves ahead, information regarding the prominent trends as well as opportunities in the key geographical segments has also been elaborated, thus enabling companies to be able to make region-specific strategies for gaining a competitive lead. Some of the prime regions emphasized in the study include key regions.

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Fact.MR’s recent forecast study projects that during the period, 2017-2026, the global softball apparel market will reflect a value CAGR of 2.3%. It has been estimated that by the end of 2026, softball apparels worth over US$ 270 Mn will be sold across the globe. Key insights from the report have been mentioned below to reveal the presumptive scenarios on the expansion of the global softball apparel market through 2026.

4 Forecast Highlights from the Report

1- The report estimates that sales of softball shirts will continue to outpace the sales of other softball apparels. In 2017, more than 46% of the global sales of softball apparels reflected the sales of softball shirts. The report also estimates that the demand for softball shirts will gain fastest traction through 2026. By the end of 2026, more than US$ 130 Mn worth of softball shirts are expected to be sold worldwide. The report also estimates that the sales of softball caps & belts will rake in a little over US$ 17 Mn in global revenues.

2- North America is poised to represent the largest market for softball apparels. The report estimates that in 2017, more than US$ 100 Mn worth of softball apparels were sold across the US and Canada. Mainstream popularity of baseball in the US will continue to drive the participation in softball events, and fuel the sales of softball apparels in the years to come.

3- In 2018 and beyond, individual buying will account for the largest chunk of global softball apparel market revenues. By the end of 2026, more than 65% of softball apparels will be sold to individual buyers across the globe. The report further estimates that institutional buying of softball apparels will bring in revenues worth over US$ 77 Mn by the end of 2026.

4- Through 2026, modern trade outlets are likely to represent the largest sales channel for softball apparels. The report also estimates that over the forecast period, third-party online stores will reflect highest value CAGR of 3.3%, unlocking new avenues for sales for domestic manufacturers.

High Demand for Softball Shirts to Drive Market Growth

The report estimates that there is a predominantly high demand for softball shirts over other apparels. In 2017, more than 46% of the global softball apparel market value was accounted by the sales of softball shirts. The report further estimates that by the end of 2026, more than US$ 130 Mn worth of softball shirts will be sold globally. Towards the end of the forecast period, the global sales of softball caps & belts are expected to witness a sluggish traction, raking in revenues just over US$ 17 Mn.

The report has also profiled leading manufacturers of softball apparels, which include Nike, Easton, Rawlings (Jarden), Mizuno, Wilson (Amer Sports), Nokona, Louisville Slugger, SSK, Zett and Under Armour. These companies will remain active in the global market throughout the forecast period, instrument a consistent growth in the global production of softball apparels.

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Table of Contents:

  1. Global Economic Outlook
  2. Global Softball Apparel Market – Executive Summary
  3. Global Softball Apparel Market Overview
    3.1. Introduction
    3.1.1. Global Softball Apparel Market Taxonomy
    3.1.2. Global Softball Apparel Market Definition
    3.2. Global Softball Apparel Market Size (US$ Mn) and Forecast, 2012-2026
    3.2.1. Global Softball Apparel Market Y-o-Y Growth
    3.3. Global Softball Apparel Market Dynamics
    3.4. Supply Chain
    3.5. Sports Ecosystem
    3.6. Cost Structure
    3.7. Pricing Analysis
    3.8. List of Distributors
    3.9. Consumer Survey Analysis
    3.10. Market Competition Structure
    3.11. Competition Structure Dashboard
    3.12. Investment Feasibility Matrix
    3.13. Global Softball Equipment Market – Scenario Forecast
    3.14. Product Life Cycle Assessment
    3.15. PESTLE Analysis
    3.16. Key Participants Market Presence (Intensity Map) By Region

Continued…….

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