Market Growth : Basketball Equipment Market Globally Grow at a CAGR of 2.18% by Revenue During the Period 2017-2020

ResearchMoz presents professional and in-depth study of “Global Basketball Equipment Market 2016-2020”.

The basketball shoe segment is witnessing a significant prominence over all other product segments. It accounts for the largest portion of the overall sales revenue and has a dominant share in the market. This is expected to gain further traction during the forecast period as the adoption of basketball footwear is high among the global populace. Regions like North America and Europe have been displaying a strong affinity toward the adoption of the sport, which has propelled major market vendors to establish a strong market in these regions. The following exhibit is a representation of the market for basketball equipment across product segments, with respect to their CAGRs over a period from 2015 to 2020, their current revenues, and market share in 2015.

Technavios analysts forecast the global basketball equipment market to grow at a CAGR of 2.18% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global basketball equipment market for 2016-2020. To calculate the market size, the report considers the revenue generated from the retail sales of basketball equipment to individual consumers.

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The market is divided into the following segments based on geography:

Americas

APAC

Europe

ROW

Technavio’s report, Global Basketball Equipment Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Adidas

Amer Sports

Nike

Rawlings Sporting Goods

Spalding Sports Equipment

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Other prominent vendors

ASICS

Baden

Fila

Joma

Lifetime

McDavid

Mizuno

Nivia Sports

Puma

Under Armour

Market driver

Increasing adoption of basketball

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Market challenge

Inconsistent raw material prices

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Market trend

Smart tracking basketballs

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Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

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