Bowling Equipment Market Analysis By Industry Size, Share, Revenue Growth and Demand Forecast To 2028

The global bowling equipment market is anticipated to grow at a CAGR of 4.5% during the forecast period (2022-2028).

Bowling is a sporting equipment used in the bowling sport to hit bowling pins. The major factor expected to drive the market growth is the rising popularity of this indoor game as a sport that supports in building a team. In addition, the growing millennial population as they are more health-conscious than other generations, increasing penetration of leisure facilities in shopping malls and other similar sites in sectors, including the hospitality industry are further propelling the growth of the global bowling equipment market during the forecast period.

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Furthermore, people have become inclined towards going bowling on weekends and other holidays as a means to relieve themselves from stress and the governments in several regions are promoting indoor leisure activities as a measure to increase the happiness index, which in turn, is contributing to the growth of the market during the forecast period. Moreover, with the growing popularity of leisure activities among individuals in various countries, key manufacturers are focusing on incorporating innovations and novel technological solutions to offer an improved experience to the customers which further supports the market to grow further during the forecast period.

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Some major players in the market include Murrey International, Brunswick Bowling, and Ebonite, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, in July 2021, Isos Acquisition Corporation formally merged with Bowlero intending to take Bowlero public and list it on the New York Stock Exchange. Further, in April 2021, Bowlero entered into a partnership with BettorView a sports betting company. The partnership is to display sports statistics and wagering at different places. Further, in November 2019, Brunswick announced that the company bought Ebonite International and all of its bowling product brands. Further, the company added that the company now manufactures the following other brands in addition to Brunswick, DV8, and Radical bowling balls, such as Ebonite, Columbia 300, Hammer, and Track.

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Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Type
o By Sales Channel

• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

• Competitive Landscape- Murrey International, Brunswick Bowling, and Ebonite, among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Bowling Equipment Market Report by Segment

By Type
• Bowling Balls
• Bowling Pins
• Bowling Accessories

By Sales Channel
• Sporting Goods Retailers
• Department Stores
• Hypermarkets
• Supermarkets
• Online Retail
• Others

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This release was published on openPR.