Baseball Equipment Global Market Report 2024

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 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 $16.49 billion in 2023 to $17.26 billion in 2024 at a compound annual growth rate (CAGR) of 4.6%. The growth observed during the historical period in the baseball equipment market can be attributed to several factors, including the rise in the popularity of baseball as a sport, an increase in disposable income among consumers, government initiatives supporting sports, a growing awareness of health and fitness, and an uptick in overall participation in sports activities. These factors collectively contributed to the expansion and development of the baseball equipment market during the specified historical timeframe.

The baseball equipment market size is expected to see strong growth in the next few years. It will grow to $21 billion in 2028 at a compound annual growth rate (CAGR) of 5.0%. The anticipated growth in the forecast period for the baseball equipment market can be attributed to an increasing focus on various tournaments and leagues, the development of baseball courses, the growth of e-commerce, and overall economic expansion. Major trends expected during this period include the adoption of eco-friendly and sustainable materials, customization and personalization of equipment, integration of smart technology, and the use of lightweight and performance-enhancing materials. These trends signify significant considerations in the baseball equipment market as it evolves to meet changing consumer preferences and incorporate advancements in technology and sustainability.

The growth of the baseball equipment market is being significantly driven by government initiatives aimed at promoting the sport through different tournaments and leagues. Governments worldwide are allocating substantial budgets to enhance participation in baseball as a professional sport, fostering health awareness and contributing to the global baseball equipment industry. Notably, the Government of India increased its sports budget to Rs 2826.92 crore (about $380 million) in the 2020-21 budget, demonstrating a commitment to sports development. Additionally, collaborative efforts between government bodies and sports associations, such as the partnership between the Department of Sports & Youth Service and the Odisha Basketball Association, further boost the prominence of baseball. This sustained focus on sporting events and leagues plays a crucial role in propelling the growth of 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.

Major players in the baseball equipment market are driving innovation by introducing advanced technological solutions, such as the Baseball Analytics solution, to enhance their market position and profitability. The Baseball Analytics solution is a comprehensive tool that combines data and video analysis to meticulously capture, analyze, schedule, and communicate every aspect of both team and individual baseball performance. For instance, Catapult Sports, an Australia-based sports company, launched its Baseball Analytics solution in November 2021. This solution offers teams and players valuable insights into performance, workload management, and injury prevention strategies, providing a competitive edge through advanced features and proven technology. The introduction of cutting-edge solutions like Baseball Analytics reflects the industry's commitment to maximizing performance and optimizing player outcomes.

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 2023. 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.


This product will be delivered within 3-5 business days.