Market Overview:
The global basketball market is expected to reach a value of US$ XX million by 2030, registering a CAGR of X% during the forecast period (2018-2030). The market growth can be attributed to the increasing popularity of basketball as a sport and rising disposable income. Based on type, the rubber segment is projected to account for the largest share in terms of revenue in 2018. This can be attributed to its properties such as durability and resistance to abrasion. Based on application, the indoor segment is estimated to account for a larger share in 2018. This can be ascribed to factors such as growing urbanization and rising demand for organized sports among youngsters.
Product Definition:
Basketball is a sport played by two teams of five players on a rectangular court. The objective is to shoot a ball through a hoop 18 inches (46 cm) in diameter and 10 feet (3.048 m) high mounted at each end of the court to score points. The game was invented in 1891 by Dr.
Rubber:
Rubber is a material that is produced from the sap of rubber plants. It can be processed chemically to produce natural and synthetic (man-made) rubber. The most commonly used natural rubber (NR) comes from the latex that is extracted from certain trees, especially the Amazon tree, called as Hevea brasiliensis. NR has high tensile strength and durability but low elasticity; it also has good resistance to oil & chemicals and good aging properties.
Cattle Hide:
Cattle hide is the raw material used for manufacturing basketballs. It has been traditionally used as a primary source for manufacturing basketballs due to its low cost and abundant availability. However, over the past few years, it has gained significant traction as an alternative material owing to growing environmental concerns and stringent regulations pertaining to plastic usage in various industries.
Application Insights:
The application segment is bifurcated into indoor and outdoor. The indoor segment dominated the global basketball market in 2017, owing to the growing popularity of basketball among all age groups. Indoor courts are more popular than outdoor courts as they offer flexibility in scheduling games and can be used by almost everyone, including residential areas, commercial places and public parks.
The demand for hoops has increased significantly due to its versatility as an indoor sport that requires little or no equipment at all compared to other sports such as tennis or badminton which require high quality rubber or synthetic material shoes.
Regional Analysis:
The U.S. is the largest revenue-generating country in the global basketball market, followed by China and Japan. The presence of a large number of players and high spending power are some of the key factors driving demand for basketball equipment in North America. Furthermore, increasing popularity of American football as a result of growing leagues such as National Football League (NFL) and Canadian Football League (CFL) is expected to boost demand for indoor courts across Canada and Mexico over the forecast period, thereby complementing growth in this region.
Europe was valued at USD X million in 2017 owing to rising popularity games worldwide coupled with increasing focus on fitness activities among people from different countries including Germany, France Spain Italy Russia UK etc., which will drive product adoption over next eight years period till 2030 time frame).
Growth Factors:
- Increasing popularity of basketball in Asia, with the number of countries hosting tournaments and leagues growing every year.
- The increasing accessibility of basketball through online channels and social media, making the sport more popular with younger generations.
- The growth in women’s basketball, as more countries adopt it as a mainstream sport and create dedicated leagues and tournaments for female players.
- The development of new technologies that improve the quality and experience of playing or watching basketball, such as virtual reality headsets or live streaming services.
- Increased investment in professional teams and infrastructure by governments and private entities, helping to grow the global audience for top-level competitive play
Scope Of The Report
Report Attributes
Report Details
Report Title
Basketball Market Research Report
By Type
Rubber, Cattle Hide, PU, PVC
By Application
For Indoor, For Outdoor
By Companies
Spalding, Wilson, Molten, STAR, Train, Nike, Adidas, MacGregor, Tachikara, SKLZ, Spalding, Champion, Mikasa Sports, FitDeck, Franklin Sports, Champion Sports, Unique Sports, Lining, PEAK, Anta
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Basketball Market Report Segments:
The global Basketball market is segmented on the basis of:
Types
Rubber, Cattle Hide, PU, PVC
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
For Indoor, For Outdoor
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Spalding
- Wilson
- Molten
- STAR
- Train
- Nike
- Adidas
- MacGregor
- Tachikara
- SKLZ
- Spalding
- Champion
- Mikasa Sports
- FitDeck
- Franklin Sports
- Champion Sports
- Unique Sports
- Lining
- PEAK
- Anta
Highlights of The Basketball Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Rubber
- Cattle Hide
- PU
- PVC
- By Application:
- For Indoor
- For Outdoor
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Basketball Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Basketball is a sport that involves two teams of five players each trying to shoot a ball through a hoop 18 inches in diameter.
Some of the major players in the basketball market are Spalding, Wilson, Molten, STAR, Train, Nike, Adidas, MacGregor, Tachikara, SKLZ, Spalding, Champion, Mikasa Sports, FitDeck, Franklin Sports, Champion Sports, Unique Sports, Lining, PEAK, Anta.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Basketball Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Basketball Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Basketball Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Basketball Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Basketball Market Size & Forecast, 2020-2028
4.5.1 Basketball Market Size and Y-o-Y Growth
4.5.2 Basketball Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Rubber
5.2.2 Cattle Hide
5.2.3 PU
5.2.4 PVC
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 For Indoor
6.2.2 For Outdoor
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Basketball Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Basketball Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Rubber
9.6.2 Cattle Hide
9.6.3 PU
9.6.4 PVC
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 For Indoor
9.10.2 For Outdoor
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Rubber
10.6.2 Cattle Hide
10.6.3 PU
10.6.4 PVC
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 For Indoor
10.10.2 For Outdoor
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Rubber
11.6.2 Cattle Hide
11.6.3 PU
11.6.4 PVC
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 For Indoor
11.10.2 For Outdoor
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Rubber
12.6.2 Cattle Hide
12.6.3 PU
12.6.4 PVC
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 For Indoor
12.10.2 For Outdoor
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Rubber
13.6.2 Cattle Hide
13.6.3 PU
13.6.4 PVC
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 For Indoor
13.10.2 For Outdoor
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Basketball Market: Competitive Dashboard
14.2 Global Basketball Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Spalding
14.3.2 Wilson
14.3.3 Molten
14.3.4 STAR
14.3.5 Train
14.3.6 Nike
14.3.7 Adidas
14.3.8 MacGregor
14.3.9 Tachikara
14.3.10 SKLZ
14.3.11 Spalding
14.3.12 Champion
14.3.13 Mikasa Sports
14.3.14 FitDeck
14.3.15 Franklin Sports
14.3.16 Champion Sports
14.3.17 Unique Sports
14.3.18 Lining
14.3.19 PEAK
14.3.20 Anta
