Press release
Demand For Portable Basketball Hoops Has Surged, Due Rising Number Of National And International Sports Competitions Globally
Global Portable Basketball Hoops Market – OverviewThe portable basketball hoops market is currently witnessing impressive growth due to the rising participation in the activity both as a competitive sport and a recreational activity. As against inground basket ball, portable basketball hoops can be transported from one place to another. There are many portable basketball hoops available in the market with adjustable height and it varies from 3.5 ft. to 10 ft. In order to provide stability, the majority of portable basketball hoops use a water-filled or a sand-filled anchor (Base). If you have a portable outdoor basketball hoop in your driveway, then you can play anytime. Apart from the driveway, there are various places where one can install portable basketball hoops, such as the garage or a lawn or near the pool. Although the portable basketball hoops market is a bit fragmented in nature but still with the rising number of national and international sports competitions globally, the demand for portable basketball hoops has surged, which will, in turn, increase the volume of sales from retail outlets to the company online sales channel
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Global portable basketball hoops Market: Regional Overview
The regional demand for portable basketball hoops varies across the globe. However, North America has adopted portable basketball hoops lately, and therefore, the region is expected to show considerable growth in the forthcoming years. Despite the concentration of users in North America, portable basketball hoops manufacturers are also focusing on Asian countries, mostly in China and India.
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Global Portable basketball hoops Market Segmentation
Global portable basketball hoops market is segmented on the basis of backboard size (Inch"), backboard material, type, price range and region.
The global portable basketball hoops market is apportioned into seven regions:
North America
Latin America
Europe
CIS and Russia
Japan
Asia Pacific excluding Japan (APEJ)
Middle East and Africa (MEA)
On the basis of Backboard Size (Inch"), the global portable basketball hoops market is segmented as:
32”
44”
48”
50”
54”
60”
On the basis of backboard material, the global portable basketball hoops market is segmented into:
Acrylic
Polycarbonate
Glass
On the basis of type, the global portable basketball hoops market is segmented into:
Adjustable portable basketball hoops
Non – Adjustable portable basketball hoops
On the basis of the price range, the global portable basketball hoops market is segmented into:
50 – 100 US$
100 – 250 US$
250 – 500 US$
> 500 US$
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Prominent Players of Global Portable Basketball Hoops Market
Some of the prominent players operating in the portable basketball hoops market are:
Escalade, Incorporated (Goaliath brand)
Spalding Sports Worldwide Inc.
Lifetime
First Team
Goalrilla
Movement God
Nerf
Gared
Other Players
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Counterfeit Portable Basketball Hoops Impacts Growth Potential of the Market
Since basketball is gaining popularity across the world as a recreational activity, competition in the portable basketball hoops market is also increasing substantially. To capitalize on the increasing demand for a variety of portable basketball hoops, the number of new entrants in the portable basketball hoops market has grown considerably. Local brands in the regional portable basketball hoops market are introducing various portable basketball hoops with a diverse pricing range to attract more consumers. Most of the local market players are trying to improve their sales by copying brand-name products and offering great “factory-direct” deals on counterfeit portable basketball hoops. These products are usually made from inferior materials, which increases the possibility of causing injuries to the user. This also hampers the growth of the portable basketball hoops market.
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