Press release
Softball Apparel Market Size, Growth Rate, Production Value, Consumption Value, Ongoing Trends, Challenges to Market Growth, Key Vendors Analysis Till 2026
Fact.MR
High Demand for Softball Shirts to Drive Market Growth
The report estimates that there is a predominantly high demand for softball shirts over other apparels. In 2017, more than 46% of the global softball apparel market value was accounted by the sales of softball shirts. The report further estimates that by the end of 2026, more than US$ 130 Mn worth of softball shirts will be sold globally. Towards the end of the forecast period, the global sales of softball caps & belts are expected to witness a sluggish traction, raking in revenues just over US$ 17 Mn.
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Individual Buying of Softball Apparel to Reflect High Value Growth through 2026
The report further projects that individual buyers will be primarily driving the sales of softball apparels across the globe. By the end of 2026, around two-thirds of softball apparels manufactured across the globe will be bought by individuals. Institutional buying of softball apparels is also pegged to gain traction, accounting for an approximate 28.3% value share on the global softball apparel market by the end of the forecast period. The report further reveals that modern trade outlets will represent the largest sales channel for softball apparels throughout the forecast period. In addition, it has also been estimated that third-party online channels will reflect highest sales growth at a value CAGR of 3.3% over the forecast period.
Competition Tracking
Leading manufacturers of softball apparel have been profiled in the report. Companies namely, Easton, Mizuno, Rawlings (Jarden), Wilson (Amer Sports), Louisville Slugger, Nokona, Zett, SSK, Under Armour, and Nike are observed as the key players in the global softball apparel market. Over the years to come, several market players are expected to adopted smart fabrics for development of advanced softball apparels. In addition, extending the comfort of players and providing equal advantage in terms of gameplay will also be prioritized by manufacturers while adopting new designs for softball apparels.
4 Forecast Highlights from the Report
• The report estimates that sales of softball shirts will continue to outpace the sales of other softball apparels. In 2017, more than 46% of the global sales of softball apparels reflected the sales of softball shirts. The report also estimates that the demand for softball shirts will gain fastest traction through 2026. By the end of 2026, more than US$ 130 Mn worth of softball shirts are expected to be sold worldwide. The report also estimates that the sales of softball caps & belts will rake in a little over US$ 17 Mn in global revenues.
• North America is poised to represent the largest market for softball apparels. The report estimates that in 2017, more than US$ 100 Mn worth of softball apparels were sold across the US and Canada. Mainstream popularity of baseball in the US will continue to drive the participation in softball events, and fuel the sales of softball apparels in the years to come.
• In 2018 and beyond, individual buying will account for the largest chunk of global softball apparel market revenues. By the end of 2026, more than 65% of softball apparels will be sold to individual buyers across the globe. The report further estimates that institutional buying of softball apparels will bring in revenues worth over US$ 77 Mn by the end of 2026.
• Through 2026, modern trade outlets are likely to represent the largest sales channel for softball apparels. The report also estimates that over the forecast period, third-party online stores will reflect highest value CAGR of 3.3%, unlocking new avenues for sales for domestic manufacturers.
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Table of Content:
1. Global Economic Outlook
2. Global Softball Apparel Market - Executive Summary
3. Global Softball Apparel Market Overview
3.1. Introduction
3.1.1. Global Softball Apparel Market Taxonomy
3.1.2. Global Softball Apparel Market Definition
3.2. Global Softball Apparel Market Size (US$ Mn) and Forecast, 2012-2026
3.2.1. Global Softball Apparel Market Y-o-Y Growth
3.3. Global Softball Apparel Market Dynamics
3.4. Supply Chain
3.5. Sports Ecosystem
3.6. Cost Structure
3.7. Pricing Analysis
3.8. List of Distributors
3.9. Consumer Survey Analysis
3.10. Market Competition Structure
3.11. Competition Structure Dashboard
3.12. Investment Feasibility Matrix
3.13. Global Softball Equipment Market – Scenario Forecast
3.14. Product Life Cycle Assessment
3.15. PESTLE Analysis
3.16. Key Participants Market Presence (Intensity Map) By Region
4. Global Softball Apparel Market Analysis and Forecast 2012-2026
4.1. Global Softball Apparel Market Size and Forecast By Product Type, 2012-2026
4.1.1. Shirt Market Size and Forecast, 2012-2026
4.1.1.1. Revenue (US$ Mn) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. Pant Market Size and Forecast, 2012-2026
4.1.2.1. Revenue (US$ Mn) Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region
4.1.3. Sliding Shorts Market Size and Forecast, 2012-2026
4.1.3.1. Revenue (US$ Mn) Comparison, By Region
4.1.3.2. Market Share Comparison, By Region
4.1.3.3. Y-o-Y growth Comparison, By Region
4.1.4. Caps & belts Market Size and Forecast, 2012-2026
4.1.4.1. Revenue (US$ Mn) Comparison, By Region
4.1.4.2. Market Share Comparison, By Region
4.1.4.3. Y-o-Y growth Comparison, By Region
4.1.5. Other Market Size and Forecast, 2012-2026
4.1.5.1. Revenue (US$ Mn) Comparison, By Region
4.1.5.2. Market Share Comparison, By Region
4.1.5.3. Y-o-Y growth Comparison, By Region
4.2. Global Softball Apparel Market Size and Forecast By Sales Channel, 2012-2026
4.2.1. Independent Sports Outlet Market Size and Forecast, 2012-2026
4.2.1.1. Revenue (US$ Mn) Comparison, By Region
4.2.1.2. Market Share Comparison, By Region
4.2.1.3. Y-o-Y growth Comparison, By Region
4.2.2. Franchised Sports Outlet Market Size and Forecast, 2012-2026
4.2.2.1. Revenue (US$ Mn) Comparison, By Region
4.2.2.2. Market Share Comparison, By Region
4.2.2.3. Y-o-Y growth Comparison, By Region
Continued……………..
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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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