According to a current Fact.MR report, the world market for baseball clothing will show steady expansion between 2017 and 2026. Revenue from global baseball apparel sales is estimated to be over $ 500 million by the end of 2026.
Because baseball is a sport where the slightest difference in equipment can produce significant results, these differences are looked at by several clubs and players. An example of this is the provision of individually printed baseball clothing.
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With the focus of such tournaments on the increasing popularity of baseball around the world, the demand for baseball apparel is likely to see an increase in the near future. Baseball clothing is designed to be lightweight and have thermal properties to keep the player warm in cold weather and vice versa. Current baseball apparel production uses advanced fabrics that allow a player’s sweat to be drawn from the body to the outer surface of the apparel for evaporation.
5 key predictions about the future of the baseball clothing market for the forecast period 2017-2026
The baseball apparel market is expected to see the fastest expansion in North America, closely followed by Europe. Revenues from sales of baseball apparel in North America and Europe are projected to account for more than three-fifths of the market’s revenue share by the end of 2026. Revenues from baseball apparel sales in the Asia Pacific ex Japan (APEJ) region will remain significant for the foreseeable future.
Based on the product type, shirts are expected to see the fastest sales expansion in the global baseball apparel market with an estimated share of sales of approximately sliding shorts by 2026, followed by shirts.
The third-party online channel is expected to remain the rapidly growing baseball apparel distribution channel. The online channel Direct to the customer will also show a significant increase in the market by 2026.
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In terms of revenue, modern retail will continue to lead the global baseball apparel market, followed by third-party online channels.
Based on buyer type, retail baseball apparel sales are likely to grow at the highest CAGR in the market through 2026. In addition, individual buyers will remain the largest segment of buyers in the baseball apparel market by sales.
Market taxonomy
Region
North America
Latin America
Europe
Japan
APEJ
MY
Product Type
Shirt
Panting
Sliding shorts
Hats & belts
miscellaneous
Sales channel
Independent sports outlet
Franchise-Sport-Outlet
Modern Trade Channels
Directly to the customer’s brand outlet
Directly to the customer online channel
Directly to the institutional customer channel
Third party online channel
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Few vendors that are well established will dominate the global baseball apparel market. Although there are only a few leading providers driving the growth of the market, this market is still fragmented due to the occupancy of numerous regional and local providers. Competition among players is expected to intensify, which will direct manufacturers’ focus on introducing advanced baseball apparel in the years to come. Prominent players helping market expansion include Mizuno, Wilson (Amer Sports), Nokona, SSK, Nike, Easton, Rawlings (Jarden), Louisville Slugger, Zett, and Under Armor.
Read more trend and similar reports from Fact.MR – https://www.globenewswire.com/en/news-release/2019/06/11/1866892/0/en/Growing-Sportfishing-and-Angling-Popularity-Likely-to-Drive-Global-Fishing-Rods-Sales-to-Over-12-Million-by-2020-finds-Fact-MR-Study.html
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