Published Date : 08 Jan 20 | Views: 107 | Industry : Sports
Promotion
of Sports in Schools and Colleges to Augment the Outdoor Recreational
Activities Segment Growth
The
Spikeball Equipment market is categorized into three major segments, which
include Sales, End-use, and Type segment.
The
End-use segment includes sports leagues, tournaments, outdoor recreational
activities, summer camps, and others. Increasing out-door recreational
activities along with support from schools and colleges for promoting sports
activities is creating an opportunity for the market. This is likely to augment
the outdoor recreational activities segment over the projected period.
The
type segment of the Spikeball Equipment market is bifurcated into balls,
playing Net & Frame, storage bag, inflating needle, and others while the
sales segment is divided into franchised sports outlets, independent sports
outlet, sports variety stores, e-commerce, and others.
Growing
Sports-Oriented Society to Foster the Growth of the Market in North America
The
increasing popularity of net games, tournaments, and sports in North America
has resulted in colleges and sports clubs organizing and promoting outdoor
activities and sports competitions. Already existing sports culture along with
ample of support and initiatives across all schools and college campuses,
particularly in the U.S. has resulted in an increasing number of spike ball tournaments.
This is expected to foster the growth of the regional market over the next few
years.
Market
Players Keen to Invest in New Product Launches
The
report offers insights into the leading companies operating in the Spikeball
Equipment market. These companies include Franklin Sports, Spikeball Inc.,
Bubble Soccer 2u, Gopher Sport, SuperTots Sports, Rogue Fitness, Urban Sports,
Sports Basement, Brewtown Recreation Spikeball, and UT RecSports. Market
players are keen to launch new products at affordable prices and offer sturdy
designs to appeal to customers and to strengthen their presence in the
Spikeball Equipment market.
Spikeball
Inc., has launched Spikeball 3 ball kit which includes 3 balls, 1 inflation
needle, 1 drawstring backpack, and net and main set ideal for beginners, which
can be stored in the car trunk and the closet due to foldable features. Other
key features include a lifetime guarantee and adjustable net.
The
increasing popularity of Out-door Sports to Propel Market Growth
The rapid increase in the youth population has led to a growing interest in outdoor sports. This has led to net based sports such as Spikeball, volley ball, and soft ball gaining popularity. Increasing sports activities such as tournaments, out-door sports, summer camps, and picnics have led to increasing adoption of Spikeball Equipment. Growing awareness among individuals regarding fitness is likely to propel the growth of the market.