PUBLISHER: The Business Research Company | PRODUCT CODE: 1641631
PUBLISHER: The Business Research Company | PRODUCT CODE: 1641631
Baseball equipment encompasses the gear used in the bat-and-ball game played between two opposing teams, typically consisting of nine players each. The game involves alternating turns between batting and fielding. Baseball equipment includes various items such as helmets, gloves, equipment bags, jockstraps, cleats, arm guards, chest protectors, jerseys, and others. These pieces of equipment serve to protect and entertain players while preventing potentially dangerous accidents during tournaments.
The main types of products in the baseball equipment market include bats, helmets, equipment bags, gloves, and others. Bats, for instance, can be solid wooden, round, or hollow aluminum bats used in the game of baseball. These products are purchased based on the type of buyer, including individual, institutional, and promotional buyers. Baseball equipment is distributed through various channels such as supermarkets and hypermarkets, convenience stores, online stores, and others.
The baseball equipment market research report is one of a series of new reports from The Business Research Company that provides baseball equipment market statistics, including baseball equipment industry global market size, regional shares, competitors with a baseball equipment market share, detailed baseball equipment market segments, market trends and opportunities, and any further data you may need to thrive in the baseball equipment industry. This baseball equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The baseball equipment market size has grown steadily in recent years. It will grow from $17.15 billion in 2024 to $17.94 billion in 2025 at a compound annual growth rate (CAGR) of 4.6%. The growth in the historic period can be attributed to rise in popularity of baseball, rise in disposable income, rise in government initiatives, growth in health awareness, rise in participation in sports.
The baseball equipment market size is expected to see strong growth in the next few years. It will grow to $22.54 billion in 2029 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to increasing focus on different tournaments and leagues, development of baseball courses, e-commerce growth, economic growth. Major trends in the forecast period include eco-friendly and sustainable materials, customization and personalization, smart technology integration, lightweight and performance-enhancing materials.
Government emphasis on various tournaments and leagues is propelling the growth of the baseball equipment market. Authorities are prioritizing the promotion of baseball as a professional sport to enhance participation. This initiative not only fosters health awareness but also boosts the global baseball equipment industry. For example, in October 2022, the UK government planned to allocate around £60 million of unspent funds from the Birmingham 2022 budget to the West Midlands, aiming to reinforce the legacy of the successful Commonwealth Games held earlier that year. Consequently, the government's focus on different tournaments and leagues is driving rapid growth in the baseball equipment market.
The baseball equipment market is expected to experience growth propelled by the increasing prevalence of e-commerce. The rise of e-commerce, facilitated by online transactions and the convenience of purchasing goods over the internet, is reshaping the retail landscape for baseball equipment. Consumers now have the flexibility to explore and buy baseball equipment from the comfort of their homes or on the go, leveraging computers and mobile devices. As an illustration, in August 2023, the United States Census Bureau reported a 7.5% increase in e-commerce estimates for the second quarter of 2023 compared to the same period in 2022. Online sales accounted for 15.4% of all sales during this period. This surge in e-commerce is a key driver fostering the growth of the baseball equipment market.
Technological innovations are emerging as a prominent trend in the baseball equipment market, with various stakeholders focusing on developing advanced equipment to enhance player performance. Notably, K-Motion, a US-based human motion learning systems company, has introduced the K-Vest, which utilizes sensors on a batter's upper torso, pelvis, and lead arm and hand to capture detailed motion data for swing analysis. This innovative technology enables a comprehensive 3D rendering of swing mechanics, facilitating in-depth analysis to improve overall game performance. The integration of such cutting-edge technologies is playing a pivotal role in shaping the future of the baseball equipment market.
Leading companies in the baseball equipment market are developing new technological solutions, such as Baseball Analytics, to enhance their profitability. The Baseball Analytics solution is a comprehensive tool for data and video analysis designed to capture, evaluate, schedule, and communicate various performance factors for teams and individual players. For example, in April 2024, Gamemaster Athletic and USA Baseball, a U.S.-based sports company, introduced Baseball5 balls and game kits. These Baseball5 balls are specially designed for the game, providing durability, performance, and versatility to improve the playing experience.
In a strategic move to strengthen its presence in the Latin American market, Fanatics Inc., a prominent US-based online retail company, acquired Fexpro Incorporated in June 2023. While the specific details of the acquisition remain undisclosed, Fanatics aimed to expedite its growth aspirations in the Latin American market. This acquisition is anticipated to enhance Fanatics' support for production and distribution, benefiting its international partners and catering to sports fans globally. Fexpro Incorporated, the acquired company, is a US-based sports equipment company. This strategic acquisition aligns with Fanatics' commitment to expanding its market reach and offering enhanced services to its diverse customer base.
Major companies operating in the baseball equipment market include Adidas AG, Nike Inc., Newell Brands Inc., Amer Sports, Mizuno USA Inc, Under Armour Inc., Schutt Sports Inc., Performance Sports Group Ltd., Akadema Inc., Phoenix Bat Company Inc., Ampac Enterprises Inc., ASICS Corporation., D-BAT Sports LLC, Zett Corporation, DeMarini Sports Inc., Easton Diamond Sports LLC, Hillerich & Bradsby Co., Marucci Sports LLC, New Balance Athletics Inc., Rawlings Sporting Goods Company Inc., Wilson Sporting Goods Co., All-Star Sporting Goods, Franklin Sports Inc., Baden Sports Inc., B45 Inc., Baum Research & Development Company, Combat Sports Inc., EvoShield LLC, Jugs Sports Inc., Lizard Skins Sports LLC, M^Powered Baseball Inc., Majestic Athletic Apparel Corp., Nokona Athletic Goods Company, Palmgard International Inc., Pro Ice Inc., Rip-It Sporting Goods LLC, Pro Performance Sports LLC, Tanel Corporation
North America was the largest region in the baseball equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the baseball equipment market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The countries covered in the baseball equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The baseball equipment market consists of sales of gloves and mitts, baseballs, batting gloves, shaft. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Baseball Equipment Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on baseball equipment market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for baseball equipment ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The baseball equipment market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.