Market Research Future (MRFR) has published the latest research report on the “Global Pickleball Equipment Market” that contains information from 2018 to 2032. The Pickleball Equipment market is estimated to register a CAGR of 9.80% during the forecast period of 2023 to 2032.
MRFR recognizes the following companies as the key players in the global Pickleball Equipment market— Manta World Sport, Pickleballcentral, Prince Sports, Gearbox Sports, Engage Pickleball, Pro-Lite Sports, Vulcan Sporting Goods, Pickle-Ball Inc., Paddletek, Amazin’ Aces, Pickleball Depot.Us, Selkirk Sport, Gamma Sports, Head Sport Gmbh, Onix Sports (Escalade Sports), Franklin Sports Inc, and others..
Pickleball Equipment Market Highlights
The global pickleball equipment market is accounted to register a CAGR of 9.80% during the forecast period and is estimated to reach USD 151.00 billion by 2032.
The soaring popularity of pickleball makes it a compelling recreational choice. As the sport gains recognition, more people are drawn to pickleball, resulting in a surge in demand for equipment such as paddles, balls, court accessories, and apparel. Furthermore, establishing dedicated pickleball facilities and courts in recreational centers and professional venues has significantly contributed to market growth. These facilities provide players with proper infrastructure, attracting more enthusiasts to take up the sport and invest in quality equipment. The evolving trend towards a healthy and active lifestyle, combined with pickleball's social and engaging nature, further fuels its growth, making it a lucrative market for manufacturers and retailers catering to the burgeoning pickleball community.
Segment Analysis
The global Pickleball Equipment market has been segmented based on Product, Sales Channel, and Buyer.
Based on Product, the global Pickleball Equipment market has been segmented into Paddles, Wood, Graphite & Composite, Balls, Indoor Play, Outdoor Play, and Accessories. The balls segment was expected to hold the largest market share in 2022. Balls are a fundamental game component and require frequent replacement. With the sport's rising popularity, there is a consistent demand for pickleball balls at all levels of play.
Based on Sales Channel, the global Pickleball Equipment market has been segmented Independent Sports Outlets, Franchised Sports Outlets, Modern Retail, and Online Retail. The Online Retail segment was anticipated to hold the major market share in 2022. The dominance is credited to its convenience and extensive product variety. The simplicity of procuring equipment online, coupled with the capacity to compare prices and peruse reviews, renders it the favored channel for pickleball enthusiasts.
Based on Buyer, the global Pickleball Equipment market has been segmented into Individual, Institutional, and Promotional. The Individual segment was expected to hold the biggest market share in 2022. Pickleball is enjoyed by individuals across all age groups and skill levels. Many players opt for individual equipment purchases for recreational or competitive engagements.
Regional Analysis
The global Pickleball Equipment market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Pickleball Equipment market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Pickleball Equipment market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Pickleball Equipment market comprises of Middle East, Africa, and Latin America.
The largest market share for Pickleball Equipment was maintained by the North American regional sector. North America, particularly the United States, is the birthplace of pickleball. The sport's roots in the region have led to a well-established player base, infrastructure, and a robust competitive scene. The sport's popularity in North America has surged in recent years, driven by its inclusivity, suitability for all age groups, and a strong community of players and enthusiasts. This popularity has translated into a significant market for pickleball equipment.
Moreover, the Europe market has been persistently growing over the forecast period. Developing dedicated pickleball courts and facilities across Europe drives the demand for Pickleball Equipment. It is making the sport more accessible and promoting its growth. Communities and sports clubs have proactively constructed courts, further boosting equipment demand.
Additionally, due to economic growth in the region, and subsequent increased spending on leisure and sports, Asia Pacific is anticipated to experience the quickest growth over the forecast period. The presence of innovative local equipment brands and manufacturers is also contributing to the growth of sports in the Asia-Pacific region. These companies cater to the specific needs and preferences of the local player base, producing high-quality paddles, balls, and accessories that resonate with regional players.
Furthermore, the rest of the world's Pickleball Equipment market is divided into the Middle East, Africa, and Latin America. This growth is attributed to rising economic development, cultural preferences, and increased spending on sports and recreational activities.
Key Findings of the Study
- The global Pickleball Equipment market is expected to reach USD 151.00 billion by 2032, at a CAGR of 9.80% during the forecast period.
- The Asia-Pacific region was the fastest-growing global market due to rapid economic growth. The presence of innovative local equipment brands and manufacturers in countries like China and India led to increased sports adoption.
- Based on Product, the balls segment was attributed to holding the largest market in 2022, with an approximate quarter market share.
- Manta World Sport, Pickleballcentral, Prince Sports, Gearbox Sports, Engage Pickleball, Pro-Lite Sports, Vulcan Sporting Goods, Pickle-Ball Inc., Paddletek, Amazin’ Aces, Pickleball Depot.Us, Selkirk Sport, Gamma Sports, Head Sport Gmbh, Onix Sports (Escalade Sports), Franklin Sports Inc, and others.
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Companies Covered | 15 |
Pages | 128 |
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