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Global Spikeball Equipment Market to Obtain the Value of US$ 209.0 Mn by 2025 End

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 Published Date : 08 Jan 20   |   Views: 93   |  Industry : Sports

Global Spikeball Equipment Market to Obtain the Value of US$ 209.0 Mn by 2025 End

QYR Consulting has recently introduced a report titled, “Spikeball Equipment Market Report: Company Analysis, History and Future Overview, Global Sales Trends by 2025,” added under the sports industry archive. The global Spikeball Equipment market is likely to obtain US$ 209.0 Mn by the end of 2025 from an initial value of US$ 82.0 Mn in 2018. The global Spikeball Equipment market is likely to record a healthy CAGR of 14.1% from 2019 to 2025.

Segmental Analysis

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. 

Global Spikeball Equipment Market to Obtain the Value of US$ 209.0 Mn by 2025 End

North America

Global Spikeball Equipment Market to Obtain the Value of US$ 209.0 Mn by 2025 End

Regional Analysis


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.

Key Players


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.

 


Global Spikeball Equipment Market to Obtain the Value of US$ 209.0 Mn by 2025 End

Global CAGR During 2020-2026


14.1%

Market Dynamics


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.


For further information, check :https://www.qyrconsulting.com/reports/spikeball-equipment-market




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