Intelligence Study for Softball Equipment Market disclose Comprehensive Insights – Cost Structure, Top Market Players, Key Region, Latest Technologies, Challenges to market Growth

Fact.MR Fact.MR

Rockville, US, 2018-Aug-08 — /EPR Network/ — Over the past few years, an upsurge in the awareness about fitness & health among the global population is being witnessed, driven by the desire for better and healthy lifestyle. This has further spurred the interest of individuals in various sports, and softball is no exception. Growing interest in softball among the general public has created significant demand for softball equipment. Individuals currently seek tailored softball products that meet their expectations and needs, which in turn has led manufacturers of softball equipment to offer customized equipment. In addition to its association with health benefits, softball is now being viewed as a medium of social engagement, and outlet for personal accomplishment. In addition, several softball tournaments have been introduced, which in turn have proliferated the participation in the sport. Innovations in softball equipment including gloves and bats are further boosting their sales. However, a notable rise in adoption of counterfeit products is expected to be a major threat for companies in the softball equipment market, as sports equipment are highly vulnerable to persisting economic conditions worldwide. Counterfeit softball equipment have adverse effects on brand names and revenues generated in the market.

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 Key Future Prospects of Softball Equipment Market for Forecast Period 2017-2026

  • North America will spearhead the global softball equipment market, in terms of revenues. Europe and Asia-Pacific excluding Japan are also expected to remain major markets for softball equipment, with sales collectively projected to account for nearly 30% market share by 2026-end.
  • On the basis of product type, bats will continue to be sought-after in the market, with sales poised to surpass US$ 350 Mn in revenues by 2026-end. Revenues from sales of softball bats are estimated to remain significantly larger than those from all the other product segments combined. Gloves are also expected to prevail as a lucrative product in the market.
  • Third party online channels and modern trade are expected to remain the leading revenue contributors to the global softball equipment market, based on sales channel. Third party online channel will also persist as the fastest expanding sales channel for softball equipment, trailed by direct to customer online channel.
  • Based on buyer type, individual segment will continue to lead the market, with an estimated revenue share of over 66% during 2017 to 2026. Institutional buyers will also latch onto a major chunk of the market’s revenue share during the forecast period.

The global softball equipment market will continue to be led by a few leading vendors that compete based on the product offerings and market reach. Intensified competition has been estimated in the market over the years to come, fuelled by growing product extensions in tandem with rising shares of leading vendors. Vendors in the softball equipment market are introducing new, innovative equipment in order to enhance their product portfolio and increase their market share with the launch of products such as lightweight gloves, softball bats with enhanced swing speed, and tracking technologies. Key companies listed by Fact.MR’s report include Peak Achievement Athletics, Phoenix Bat Company, Schutt Sports Inc., Under Armour Inc., Zett Corporation, Mizuno Corporation, Amer Sports, Newell Brands Inc., Adidas, and Nike.

Competition Tracking

The global market for softball equipment will continue to be dominated by few leading vendors competing in terms of market reach and product offerings. Competition in the market is expected to intensify in the upcoming years, with growing product extensions and shares of the vendors. These vendors are introducing innovative equipment for enhancing their product portfolio and increasing their market share through products such as softball bats with enhanced swing speed, lightweight gloves, and tracking technologies. Key players driving growth of the softball equipment market globally include Nike, Newell Brands Inc., Mizuno Corporation, Under Armour Inc., Phoenix Bat Company, Adidas, Amer Sports, Zett Corporation, Schutt Sports Inc., and Peak Achievement Athletics.

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Table of Content:

  1. Global Economic Outlook
  2. Global Softball Equipment Market – Executive Summary
  3. Global Softball Equipment Market Overview
    3.1. Introduction
    3.1.1. Global Softball Equipment Market Taxonomy
    3.1.2. Global Softball Equipment Market Definition
    3.2. Global Softball Equipment Market Size (US$ Mn) and Forecast, 2012-2026
    3.2.1. Global Softball Equipment Market Y-o-Y Growth
    3.3. Global Softball Equipment Market Dynamics
    3.4. Sports Eco System
    3.5. Supply Chain
    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
  4. Global Softball Equipment Market Analysis and Forecast 2012-2026
    4.1. Global Softball Equipment Market Size and Forecast By Product Type, 2012-2026
    4.1.1. Bat Market Size and Forecast, 2012-2026
    4.1.1.1. Revenue (US$ Mn) Comparison, By Region
    4.1.1.2. Market Share Comparison, By Region
    4.1.1.3. Y-o-Y growth Comparison, By Region
    4.1.2. Helmets Market Size and Forecast, 2012-2026
    4.1.2.1. Revenue (US$ Mn) Comparison, By Region
    4.1.2.2. Market Share Comparison, By Region
    4.1.2.3. Y-o-Y growth Comparison, By Region
    4.1.3. Equipment Bag Market Size and Forecast, 2012-2026
    4.1.3.1. Revenue (US$ Mn) Comparison, By Region
    4.1.3.2. Market Share Comparison, By Region
    4.1.3.3. Y-o-Y growth Comparison, By Region
    4.1.4. Gloves Market Size and Forecast, 2012-2026
    4.1.4.1. Revenue (US$ Mn) Comparison, By Region
    4.1.4.2. Market Share Comparison, By Region
    4.1.4.3. Y-o-Y growth Comparison, By Region
    4.1.5. Accessories Market Size and Forecast, 2012-2026
    4.1.5.1. Revenue (US$ Mn) Comparison, By Region
    4.1.5.2. Market Share Comparison, By Region
    4.1.5.3. Y-o-Y growth Comparison, By Region
    4.2. Global Softball Equipment Market Size and Forecast By Sales Channel, 2012-2026

Continued……………..

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