Global Pickleball Equipment Market: Industry Overview, Trends and Growth Opportunities Forecasted till 2028

Dublin 2, Ireland, 2018-Jun-16 — /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 Pickleball equipment market. The study is titled as “Pickleball 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 2017-2028. For the benefit of the readers, the report concludes with a special focus on the detailed profiles of the major vendors in the global Pickleball equipment market.

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Prospects of the pickleball equipment market will continue to be optimistic, as the sport witnessed continued rise in popularity among the aging demographic, slates a recent Fact.MR report. The report envisages an august 8.9% value CAGR for the pickleball equipment market over the period of forecast, 2018 to 2028. In light of pickleball sport’s uptake of popularity, several parks and recreational departments have been integrating the sport into their programs, which in turn is influencing participation and associated-equipment sales.

Pickleball Equipment Market: Efforts Toward Combating Noise Related Issues to Influence Participation & Demand

Noise issues stemming from pickleball sport have started gaining attention, with residents near pickleball courts even bringing lawsuits against the local government for resolving the issues. Development of quiet paddles is being viewed by manufacturers as a key solution to the problem. High noise from pickleball, on account of plastic ball and hard paddles employed, are being tackled by city courts and retirement communities who are retro-fitting acoustic barriers for alleviating the problem.

Several new pickleball courts are now being constructed with soundproof fences, for minimizing the noise. Moreover, cities and communities are strategically constructed courts far away from residential areas, while, in some cases, limiting late night and early morning playing hours. Recognizing the noise concerns related to pickleball, major stakeholders in the market are marketing their pickleball paddles as “Green Zone” and quiet approved for the noise restricted communities.

Although there are no official noise rating approval for pickleball equipment by relevant governing bodies, such as IPF or USAPA, pickleball clubs and communities have come up with the list of Green Zone & quiet-approved paddles for use in their facilities. These unofficial yet extensive approval lists will continue to influence pickleball paddle developments in the near future.

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Opportunities Flourish in Pickleball Sport & Equipment

Pickleball is witnessing a boom, with nearly 40% increase in the sport’s participation in the U.S. alone, according to the USA Pickleball Association (USAPA). Companies manufacturing pickleball equipment, such as Pickle Pro, are opening their own retail stores to boost their sales. Numerous sports equipment manufacturers are leveraging the opportunity, as the sport of pickleball expands beyond Baby Boomers and the retirees. New pickleball peddlers are on the rise, meanwhile well-established sporting goods manufacturers are entering the game.

A number of leading tennis companies are also entering into the pickleball courts, for example, Franklin and Head have their own booths for promoting their products. With the rise in pickleball’s popularity, companies are eyeing to capitalize on latent opportunities that the sport holds. Facilitated game and low-impact attributes of the sport have enhanced its accessibility to participants across all age-groups and athletic skills. Companies, such as Clay, have commenced introducing and selling lifestyle clothing, and are barely keeping up with demand.

Table of Contents:

1. Executive Summary
1.1. Summarizing Key Findings
1.2. Wheel of Fortune
1.3. Opportunity Assessment
1.4. Mega Trends

2. Global Pickleball Equipment Market Introduction

3. Global Pickleball Equipment Industry Overview
3.1. Global Pickleball Equipment Market Value (US$ Mn) Forecast and Analysis
3.2. Forecast Factors and Associated Impact
3.3. Pickleball Equipment Supply Chain Analysis Associated Margins
3.4. Market Dynamics
3.5. PEST Analysis
3.6. Pricing Analysis by Region
3.7. Investment Feasibility Analysis
3.8. Market Players Competition Matrix
3.9. List of Distributors by Regions
3.10. Key Players Market Presence (Intensity Map) by Regions

4. Global Pickleball Equipment Market Historical Analysis 2013-2017 and Forecast 2018-2028, By Product Type
4.1. Revenue (US$ Mn), 2018-2028
4.2. Market Share Comparison
4.3. Y-o-Y growth Comparison

Continued………

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