Global Baseball Bat Market - WishTree Insight

Global Baseball Bat Market by Type (Wood, Synthetic Material, Metal, and Others), Application (Sports, Commercial, Training), and Regions, The Asia Pacific, Middle East Africa, Europe, North America, and Latin America) - Global Industry Analysis, Share, Growth, Trends, Size, and Forecast 2021 – 2031

The Baseball Bat market size was valued at USD 380 million in 2021 and is expected to surpass USD 630 million by 2031, expanding at a CAGR of 4.6 % during the forecast period, 2021–2031. The market's growth is attributed to the growing popularity of baseball games.

INTRODUCTION

A baseball bat is a wooden or metal bat used to hit the ball thrown by a pitcher. The bat’s dimension is 2.75 inches in diameter at its base which is the thicker part of the bat and up to 42 inches in length. The weight of the bat is almost 1 kg with a uniform design. Generally, the bat is made from wood, aluminum, or metal alloy. The standard colors used for the bat include natural wooden colors, red, white, black, and two-tone blue. It is one piece of solid wood and is not supposed to be hollow or corked. Baseball bats are supposed to be maintained carefully to avoid the accumulation of moisture. Nowadays, baseball bats made with polymer are also used in the market as it gives a trampoline effect.

Market Trends, Drivers, Restraints, and Opportunities

• Growing popularity of baseball games worldwide is a key factor to drive the market of global baseball bats.
• Emerging trends of globalization of sports and the introduction of baseball tournaments are expected to grow the global baseball bat market.
• Increased innovations and technological advancement in the manufacture of sports equipment are expected to boost the market growth.
• Rising socioeconomics and the popularity of sports and fitness activities are expected to propel the market.
• The expanding e-commerce sector and increased consumer spending to possess high-quality sports equipment are expected to create lucrative growth in the market.
• The increase in internet penetration leading to a heightened preference for indoor activities and video games among youth is hampering the market growth.

Scope of the Report

Market Segment Insights

The wood segment is projected to register a considerable CAGR

Based on type, the baseball bat market is divided into wood, synthetic material, metal, and others. The wood segment is expected to expand at a rapid pace during the forecast period.

The sports segment is expected to expand at a rapid pace

Based on application, the baseball bat market is divided into sports, commercial, and training. The sports segment is expected to expand at a rapid pace during the forecast period.

The North American region constitutes a key market share

In terms of regions, the baseball bat market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of the North American region is expected to constitute a key share of the market and is expected to continue during the projected period. However, the market of the Asia Pacific is anticipated to expand at a rapid pace during the forecast period.

Competitive Landscape

Key players competing in the Baseball Bat market are DeMarini (U.S.); Marucci (U.S.); Louisville Slugger (U.S.); Rawlings (U.S.); Easton (U.S.); Amer Sports (Finland); Adidas (Germany).

FAQs

How much is the market worth?

The Baseball Bat market size was valued at USD 380 million in 2021 and is expected to surpass USD 630 million by 2031.

During the forecast period, what is the CAGR of the market?

During the forecast period, the CAGR of the market is expected to be 4.6%.

What are the key drivers of the market?

The market's growth is attributed to the growing popularity of baseball games.

What segments are covered in the Baseball Bat report?

The segments covered in the report are type (wood, synthetic material, metal, and others), and application (sports, commercial, training).

Mention the key players in the market.

DeMarini (U.S.); Marucci (U.S.); Louisville Slugger (U.S.); Rawlings (U.S.); Easton (U.S.); Amer Sports (Finland); Adidas (Germany)