Press release
Backboard Market Trends, Business Strategies and Opportunities with Key Players Analysis 2018 to 2028
Finding Space on Retail Shelves, Both Brick & Mortar as Well as DigitalLike several other sporting accessories, backboards have successfully been able to find a place on retail shelf space, not only at modern trade outlets but also on digital retail platforms. A backboard is a basketball accessory that has gained special attention, from amateur to professional players, and from sporting goods retailers to backboard manufacturers. The global market for backboards houses over a thousand small and large manufacturers, of which, a majority operate locally, and a handful of backboard manufacturers have a global reach. Awareness about fitness among the masses has resulted in an amplified demand for sporting goods and equipment, and the sales volume of backboards over past three year substantiates the same. This can be further substantiated by increasing number of participants for basketball at local, regional, national, and international sporting platforms.
Request Brochure Copy of the Report @ https://www.factmr.com/connectus/sample?flag=B&rep_id=932
Over 50 million players play basketball at different levels, and the U.S. alone houses close to 27 million amateur and professional players. This huge number of participants equates to a significant customer group for basketball-related products and accessories, including backboards. Companies engaged in the design, manufacture, sales, and marketing of these products are successfully capitalizing on the opportunity.
Globalization of Sports Creating Value for All
Over the past decade, the sports as well as sports accessories industry has transformed, and like other industries, sports has become global in nature. Sports like basketball have long been consolidated in certain pockets of global geographic clusters, and have captivated a limited target audience. Nevertheless, least preferred sports such as basketball are being promoted by associations and investors across key countries, especially in countries with a large customer base, such as China, India, Indonesia, etc. This, in turn, has heightened the awareness level, and has also unfolded a plethora of opportunities for backboard market participants. With the formation and popularization of sporting leagues, amateur players foresee significant opportunity, and thus spend on buying goods and accessories in regions with limited sporting infrastructure availability.
Furthermore, institutions such as schools and colleges have also invested significantly in basketball sports infrastructure in the past few years, which has created an additional demand for backboards. Collectively, all these factors have contributed to the demand for backboards, and the global market for backboards is projected to remain in mid-single digits over the forecast period 2018 to 2028.
Tempered Glass is High-end but Polycarbonate is Most Preferred
The backboard market is segmented on the basis of backboard size, backboard material, backboard system type, buyer type, sales channel, and region. Backboard sizes vary from 48" in width to 72"; however, among all the sizes, backboards of 58" width have been reported to account for the leading share of sales. In terms of material type, acrylic, polycarbonate, plastic, and tempered glass are the key material types used for the manufacture of backboards. The preference for backboard material differs across regions and countries, but backboards with tempered glass have registered maximum sales as compared to backboards with other materials, and are also considered high-end backboards with maximum rigidity.
Polycarbonate and acrylic materials are predominantly grouped together, since both are preferably used on systems in the same price point, and render a similar experience while playing. Backboards with polycarbonate and acrylic materials offer higher rigidity as compared to plastic backboards, and thus, result in better rebound than other backboards, except tempered glass. Polycarbonate and acrylic material-based backboards are largely transparent, which enhances the aesthetics appeal of the system. In terms of price point, backboards with polycarbonate and acrylic materials are also economic in comparison to high-end tempered glass-based backboards, due to the ease and economic availability of raw material used to manufacture these types of backboards. Nevertheless, these backboards are priced higher than the plastic backboards available in the market.
Legacy Markets Continue to Dominate
In terms of regional demand, North America leads the sales charts for backboards, owing to the number of active and passive players in the region. The U.S. alone accounted for around 30 percent value contribution to the global backboard market in 2017. However, it is projected to lose share in the long term against new markets for backboards, due to an upsurge and penetration of basketball across key consumer markets. North America is followed by Europe and Latin America in terms of total demand, whereas, Asia Pacific leads in terms of growth.
Request Report TOC @ https://www.factmr.com/connectus/sample?flag=T&rep_id=932
Despite the concentration of players in North America, backboard manufacturers are largely concentrated in Asian countries, largely China. These backboard companies, over the past few years, have switched strategy from ‘look to America to cater the rest’. Some of the key market participants in the global backboard market are Decathlon, Russell Brands LLC., Gared Holding Company, Mondo S.p.A., Schelde Sports, and Sport System srl.
About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research 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.
Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: www.factmr.com/
Follow Us on Linkedin: www.linkedin.com/company/factmr/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Backboard Market Trends, Business Strategies and Opportunities with Key Players Analysis 2018 to 2028 here
News-ID: 1177586 • Views: …
More Releases from Fact.MR

Bioinformatics Market is Growing at a CAGR of 13.4% by 2034 | Fact.MR Report
The latest report on the Bioinformatics Market, projecting robust growth driven by the increasing demand for genomic research, advancements in artificial intelligence (AI), and the rising adoption of precision medicine. Valued at USD 14.29 billion in 2024, the global market is forecast to expand at a compound annual growth rate (CAGR) of 13.4%, reaching USD 50.25 billion by 2034. This significant growth underscores the critical role of bioinformatics in decoding…

Residential Robotic Vacuum Cleaner Market to Reach USD 11.6 Billion by 2033 | Ke …
Fact.MR today released its latest report on the Residential Robotic Vacuum Cleaner Market, projecting robust growth driven by increasing demand for automation, busy lifestyles, and advancements in smart home technologies. Valued at USD 3.0 billion in 2023, the global market is forecast to expand at a compound annual growth rate (CAGR) of 14.4%, reaching USD 11.6 billion by 2033. This significant growth highlights the rising adoption of robotic vacuum cleaners…

Brain-Computer Interface Market is Estimated to Reach USD 6.5 Billion by 2033
The global brain-computer interface (BCI) market was valued at USD 1.6 billion in 2022 and is projected to reach USD 6.5 billion by 2033, growing at a compound annual growth rate (CAGR) of 13.6% from 2023 to 2033. This expansion reflects the increasing adoption of BCI technologies in medical applications, driven by advancements in neuroscience, AI, and sensor technologies. BCIs enable direct communication between the brain and external devices, offering…

Orally Disintegrating Tablet Market is Projected to Reach USD 72.68 Billion by 2 …
The global orally disintegrating tablet (ODT) market is valued at USD 24.45 billion in 2024 and is forecasted to expand at a compound annual growth rate (CAGR) of 11.5%, reaching USD 72.68 billion by 2034. This robust growth is driven by the increasing demand for patient-friendly dosage forms, particularly among the elderly, pediatric, and dysphagic populations, who benefit from ODTs' ease of administration without water and rapid dissolution. ODTs enhance…
More Releases for Backboard
Foldable Plastic Backboard Stretchers Market Outlook and Future Projections for …
The foldable plastic backboard stretchers market represents a dynamic and continually evolving landscape, shaped by changing consumer demands and technological advancements. In this comprehensive report, we provide an in-depth exploration of the market, designed for a wide range of stakeholders including manufacturers, suppliers, distributors, and investors. Our goal is to equip industry participants with essential insights that enable informed decision-making in an ever-changing market environment. This analysis not only examines…
Global Backboard Stretchers Market Analysis By Manufacturers and Competitive lan …
Backboard Stretchers report published by QYResearch reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2022. Global Backboard Stretchers market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Demand from Field Rescue and Hospital are the major drivers for the industry.
Global Backboard Stretchers Market: Driven factors and Restrictions factors
The research…
Backboard Stretchers Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Backboard Stretchers Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Backboard Stretchers players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Backboard Stretchers with respect to individual growth…
Backboard Stretchers Market Forecast by 2025: QY Research
This recently published report examines the global Backboard Stretchers market for the projected period of 7-years, i.e. between 2018 and 2025. The report highlights the accomplishments and opportunities lies in the market throughout the forecasted period. The report offers the thorough information about the overview and the scope of the global Backboard Stretchers market along with its drivers, restraints, and trends. It also classifies the market into different segments such…
Backboard Market to Witness a Healthy Growth during 2018 to 2028
Finding Space on Retail Shelves, Both Brick & Mortar as Well as Digital
Like several other sporting accessories, backboards have successfully been able to find a place on retail shelf space, not only at modern trade outlets but also on digital retail platforms. A backboard is a basketball accessory that has gained special attention, from amateur to professional players, and from sporting goods retailers to backboard manufacturers. The global market for…
Global Backboard Stretcher Market 2017 - KEMP, Morrison, Junkin, Spencer Italia, …
Global Backboard Stretcher Market 2017, presents a professional and in-depth study on the current state of the Backboard Stretcher market globally, providing basic overview of Backboard Stretcher market including definitions, classifications, applications and industry chain structure, Backboard Stretcher Market report provides development policies and plans are discussed as well as manufacturing processes and cost structures. Backboard Stretcher market size, share and end users are analyzed as well as segment markets…