Market Size of Volleyball Equipment Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 6.83 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Volleyball Protective Equipment Market Analysis
The volleyball equipment market is projected to register a CAGR of 6.83% during the forecast period, 2022-2027.
During COVID-19, the Volleyball equipment market was negatively affected. Worldwide lockdown led to many pre-orders being canceled, resulting in the cancellation of events and the closure of basketball academies. Since almost all the nations stopped their trade activities during the pandemic, the industry has been faced with many constraints due to the disruption in the supply chain.
In the long term, the overall market is expected to drive by the increasing number of new national and international leagues and tournaments across the globe. Furthermore, in every season of big tournaments, there is an increasing trend of launching new balls with improved features. In addition. the rising popularity of beach volleyball in Brazil, Australia, and New Zealand, as well as in continental Europe, and the growing participation in sports tournaments which include outdoor sports such as volleyball is likely to propel the demand for volleyball equipment during the forecast period. For instance, in April 2022, the popular volleyball event - Volleyball World Beach Pro Tour announced the addition of five new stops to its existing beach volleyball location making it a total of 24 for 2022's season.
Moreover, the emergence of 3D-printed volleyball shoes and eco-friendly sports gear and equipment will continue to generate massive opportunities that will further contribute to the growth of the volleyball equipment market. In addition, the growing popularity of sand or beach volleyball as a recreational sport among leisure travelers is anticipated to push the demand for volleyball equipment in the worldwide market.
Volleyball Protective Equipment Industry Segmentation
Essentially, volleyball is a game played with a net and a ball in the open air. Equipment includes balls, shoes, protective equipment such as knee pads and elbow pads, as well as nets and courts, bags and posts, and cables. The global volleyball equipment market is segmented by product type, distribution channel, and geography. By product type, the market is segmented into balls, shoes, protective gear, and others. By volleyball type, the market is segmented into indoor volleyball and outdoor Volleyball. By end-user, the market is segmented into institutional users and personal users. Based on the distribution channel, the market studied is segmented into offline stores and online stores. It provides an analysis of emerging and established economies across the world, comprising North America, Europe, South America, Asia-Pacific, and the Middle East and Africa. For each segment, the market sizing and forecasts have been done on the basis of value (USD million).
| By Product Type | |
| Balls | |
| Shoes | |
| Protective Gear | |
| Others |
| By Volleyball Type | |
| Indoor Volleyball | |
| Outdoor Volleyball |
| By End-User | |
| Institutional Users | |
| Personal Users |
| By Distribution Channel | |
| Offline Stores | |
| Online Stores |
| By Geography | |||||||||
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Volleyball Equipment Market Size Summary
The volleyball equipment market is poised for significant growth, driven by the increasing number of national and international leagues and tournaments worldwide. The sport's accessibility, with simple requirements like a ball, net, and teams, has contributed to its global popularity. The rising interest in beach volleyball, particularly in regions such as Brazil, Australia, New Zealand, and continental Europe, is further propelling demand. The market is also witnessing innovations like 3D-printed volleyball shoes and eco-friendly gear, which are expected to create substantial opportunities. The sport's appeal as a recreational activity among leisure travelers is anticipated to boost global demand for volleyball equipment.
In the Asia-Pacific region, the volleyball equipment market is experiencing rapid expansion due to a growing awareness of active lifestyles and increased participation in outdoor sports. Countries like China and India are seeing a shift in sports popularity, influenced by Western trends and international events, which is encouraging more people to engage in sports like volleyball. Government initiatives in these countries are further supporting the sports culture, providing opportunities for global and regional brands. The market is moderately consolidated, with key players like Wilson Sporting Goods, Mikasa Corporation, and ASICS America Corporation leading through product innovations and strategic partnerships. These companies are focusing on enhancing their product offerings and expanding their market presence to capitalize on the growing demand.
Volleyball Equipment Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Force Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Product Type
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2.1.1 Balls
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2.1.2 Shoes
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2.1.3 Protective Gear
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2.1.4 Others
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2.2 By Volleyball Type
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2.2.1 Indoor Volleyball
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2.2.2 Outdoor Volleyball
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2.3 By End-User
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2.3.1 Institutional Users
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2.3.2 Personal Users
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2.4 By Distribution Channel
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2.4.1 Offline Stores
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2.4.2 Online Stores
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2.5 By Geography
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2.5.1 North America
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2.5.1.1 United States
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2.5.1.2 Canada
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2.5.1.3 Mexico
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2.5.1.4 Rest of North America
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2.5.2 Europe
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2.5.2.1 United Kingdom
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2.5.2.2 Germany
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2.5.2.3 Spain
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2.5.2.4 France
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2.5.2.5 Italy
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2.5.2.6 Russia
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2.5.2.7 Rest of Europe
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2.5.3 Asia-Pacific
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2.5.3.1 China
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2.5.3.2 Japan
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2.5.3.3 India
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2.5.3.4 Australia
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2.5.3.5 Rest of Asia-Pacific
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2.5.4 South America
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2.5.4.1 Brazil
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2.5.4.2 Argentina
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2.5.4.3 Rest of South America
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2.5.5 Middle East & Africa
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2.5.5.1 Saudi Arabia
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2.5.5.2 South Africa
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2.5.5.3 Rest of Middle East & Africa
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Volleyball Equipment Market Size FAQs
What is the current Volleyball Equipment Market size?
The Volleyball Equipment Market is projected to register a CAGR of 6.83% during the forecast period (2024-2029)
Who are the key players in Volleyball Equipment Market?
Wilson Sporting Goods, Mikasa Corporation. , Spalding Sports Equipment. , Tachikara Holdings, Ltd. and ASICS America Corporation. are the major companies operating in the Volleyball Equipment Market.
