Bowling Equipment Market Report 2018: Increasing Expenditure on Leisure Activities to Underscore Significant Growth Opportunities

Posted on 2018-05-31 by Mark Hub in Sports // 0 Comments

Fact.MR

Dublin 2, Ireland, 2018-May-31 — /EPR Network/ — Recently, a novel report developed using proven research methodologies at the headquarters of Fact. MR has identified various prominent factors and trends prompting market growth of bowling equipment market. The study is titled as “Bowling Equipment Market Forecast, Trend Analysis & Competition Tracking – Global Review 2018 to 2028”, which deeply analyses the global market trends, with historical data from 2017 and 2018, and projections of compound annual growth rates (CAGRs) during the mentioned forecast of 2018-2028. For the benefit of the readers, the report concludes with a special focus on the detailed profiles of the major vendors in the global bowling equipment market.

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Increasing Expenditure on Leisure Activities to Underscore Significant Growth Opportunities

Leisure activities and sports are becoming an important aspect of social gatherings and parties today. Individuals prefer spending on various leisure activities such as playing or listening to music, watching movies, and playing indoor and outdoor games. With the growing popularity of leisure activities among individuals in various countries, major manufacturers are focusing on incorporating innovations and novel technological solutions to offer an improved experience to the customers.

As individuals are becoming more conscious about their health and fitness, they are concentrating on diverting their earnings towards stress relieving leisure activities such as gaming and bowling. According to a recent research conduct, over 67 million people around the world spend on bowling every year. This trend is expected to be witnessed in various countries over the coming years.

Comfort Fit Grip, Reactive Resins, Enhanced Porosity: Manufacturers to Focus on Broadening their Product Line for Enhanced Customer Experience

Pacing up with the growing popularity of bowling among individuals in various countries, leading manufacturers are incorporating novel features and designs to offer an enhanced experience to the customers. With the rapid advancements in technology, leading manufacturers are focusing on developing polyester and rubber balls, In addition, major manufacturers are concentrating on utilizing “reactive resins” for the production of the bowling balls. Incorporation of the “reactive resins” in the bowling balls leads to increased porosity and offers enhanced friction with the lane surface.

Leading manufacturers are also focusing on diversifying their product line with the production of bowling balls that align with various types of bowling alleys. In addition, major market players are concentrating on incorporating smart features in a range of bowling equipment to offer enhanced gaming experience to the customers. For instance, QuibicaAMF is mainly focused towards developing comfortable and performance boosting sports shoes for bowling. The company is equipping a range of sports shoes with the comfort fit grip to offer durable products. In addition, the company is also developing bowling pins without the metal parts to offer product durability.

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Key Companies Leverage 3-Phase Technology and Interactive Score Consoles to Encourage Customer Purchase Decisions

To increases their customer touch points and improve brand perception, leading manufacturers are concentrating on integrating leading technological solutions in various bowling equipment such as score consoles. For instance, Brunswick is mainly focused towards developing innovative Sync scoring consoles that are equipped with touchscreen consoles, two different console modes (casual and competitive) along with the exciters and animators for every situation to encourage the customers for staying and playing.

In addition, manufacturers are focusing on developing custom bowling balls that feature Star Wars characters to improve their brand perception and identity. For instance, a leading manufacturer, Switch is focused towards incorporating innovative technological features such as 3-phase technology that offer enhanced safety and pinsetter features to the end-users. Adoption of this technology helps in maintaining the quality of the pins while resetting them and storing them.

Strategic Partnership & Collaboration: Focus on Improving Brand Perception and Expanding Market Presence

To pace ahead in the competitive market, the leading market players are concentrating on signing collaborations and designing innovative and novel products. For instance, QubicaAMF Worldwide, a prominent manufacturer has recently signed a distributor agreement with the American Bowling Service Inc., which is the largest manufacturer of the bowling and mini-bowling equipment. Through this collaboration, the companies are focusing on improving their brand identity among customers across countries and improve their sales.

In addition, Valcke Services BVBA, a prominent manufacturer of bowling equipment has announced a strategic partnership with the leading manufacturer of fitness equipment. In partnership, the companies will focus on expanding their presence across various regions. Implementation of marketing strategies such as collaborations, product innovations, and strategic partnerships has broadened the scope of growth opportunities for the key market players.

Some of the key market players in the global bowling equipment market include Brunswick, QubicaAMF, Valcke Services BVBA, and Switch.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Sports market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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