Ball sports luggage is an essential equipment of playing sports. It includes many different types of ball and other equipment required for playing different games such as football, hockey, and cricket. Every ball has its own specifications and implementation in various sports. Volleyballs are made up of ultra-soft material and hockey balls are made of solid plastic for better handling. Sports balls are regulated by different bodies and fixed standard are decided for manufacturing of balls that are used in major leagues. Ball sports luggage market has shown significant growth in last few years due to rise in popularity of sports. Rise in significance of sports for maintaining healthy lifestyle and innovation in balls are major factor in growth of ball sports luggage market, which is expected to rise during the forecast period
COVID-19 Impact Analysis
- During COVID-19, globally many industries suffered from economic crises; spread of COVID-19 virus led to ramification on global ball sports luggage market.
- To control spread of corona virus diseases, nation-wide lockdowns were imposed by governments that resulted in huge disruption in supply chain of raw material and looming of production cycle of global ball sports luggage market.
- Restraints were imposed by government on several sports events, matches, and tournament that are major users of ball sports luggage that led to great decline in demand of ball sports luggage market. E-commerce has played a significant role in uplifting of supply chain and distribution channel of ball sports luggage and in gaining traction again, as it helps to cover wider range and cater demand of customer.
- Even peoples are shifting to online platforms for purchasing of sports equipment, as they are hesitating and avoiding going for in store purchases, to control spread of coronavirus.
Top Impacting Factors-
Ball sports games are getting very popular day by day and every game has its own fan base, now a day almost all the games are broadcasted through medium of television, internet and OTT platforms that led to rise in popularity of sports. Many sports associations and organizations such as Western Hockey Leagues, Indian Premier Leagues, National Basket Ball Leagues, and Football Leagues, conduct various sports tournaments and camping for increasing participation of players in sports and winners are awarded with rewards and recognition. Increase in participation of sports and rise in popularity of outdoor sports are key driver in growth of ball sports luggage market.
People have become more health conscious and concerned with degradation of lifestyle, to improve and maintain healthy lifestyle due to which people have started playing many outdoors games to remain fit and healthy. People are majorly opting for sports games such as cricket, volleyball ball, and football as it requires high physical movements and helps to remain active. Playing sports such as golf, hockey, and football helps to burn around 250 to 650 calories in a day. These games have several physical and mental benefits such as improved hand & eye coordination and reduced stress. Rise in awareness among people for maintaining healthy and fit lifestyle is a key factor in growth of ball sports luggage market.
Key player are highly investing in innovation of products and engaged with R&D process, to offer improvised and innovative products to cater demand of the consumers and to compete with competitors and rival products.Key players have made some significant changes in sports ball; they have introduced many different types of ball to enhance performance of professional sports figures, as normally balls are made up of cork, rubber, wood, and plastics that absorb moisture. Many sports balls are covered with leather or other material, these materials absorb moisture and make sports balls heavy that affects the game of professional sports persons. Key players have introduced anti- moisture sports balls, these balls are especially designed in way to keep moisture away from sports ball and make it lighter that increase the flying range of sports ball. Key manufacturers have started using thermoplastic elastomers for manufacturing eco-friendly sports ball, these sports ball are non-toxic in nature and environmental-friendly.
Many brands are adopting aggressive marketing strategies as it helps to spread brand awareness among people that led to increase in sale of particular brand products, they are also hiring many different celebrities and sports figures for their brand promotion, as these celebrities and sports persons have major influence on choices of consumers.
Rise in Number of Sports Events in School
- Schools encourage students to participate in different sports activities, as it helps to promote growth and development of children; it even helps to develop good habits such as team work and team spirit. Many schools organize sports event in which different schools come and participate that helps in physical and development of students and also helps them to remain fit and healthy. Rise in number of sports event in schools is key factor that fuels growth of ball sports market.
- Rise in Number of Female Participation in Sports Activities
- With significant rise in number of female participation in different sports, governments introduce many different policies and offer various benefits to girls, to increase female participation in sports. Rise in female participation in sports is a prime factor that boosts the growth of ball sports luggage market.
Rise in Trend of Sports Club
- In recent years, many sports clubs have come into existence as it is profitable business, these sports clubs offers professional training to people and helps to enhance performance of sports person. These sport clubs are major user of sports equipment such as sports ball luggage, they help beginners and mediator sports person to prepare for various sports matches and tournaments.
Key Benefits of Report-
- This study presents the analytical depiction of the ball sports luggage industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the ball sports luggage market share.
- The current market is quantitatively analysed to highlight ball sports luggage market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides detailed ball sports luggage market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions Answered in the Sports Luggage Market Research Report
- Which are the leading players active in the ball sports luggage market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What future projections would help in taking further strategic steps?
- What is the ball sports luggage market prediction in the future?
- Which will be the niches at which players profiling with recent advancements should set a presence?
- What are the current trends and predicted trends?
Ball Sports Luggage Market Report Highlights
By Product Type
By Price Point
By Distribution Channel
Key Market Players
Yonex Co., Ltd, VF Corporation, Adidas AG, Nike, Inc, Under Armour, Inc, Mizuno Corporation, Acushnet Holdings Corp, PUMA SE, Callaway Golf Company, Amer Sports, Oyj. ASICS Corporation, Bridgestone Corporation