Rapid Increase in Pickleball Players Expected to Boost Demand for Pickleball Machines, Evaluates Fact.MR
Published : 16 Feb 2022 Industry: Sports
As the number of pickleball players is increasing significantly across the world, demand for pickleball machines has accelerated tremendously in the past half-decade or so. Pickleball game adoption rate surged at a CAGR of 19% in 2020 as compared to 2019.
Governments are also spending more on sports infrastructure. For instance, in European states, the ratio ranges from 0.4% in Malta, Ireland, the United Kingdom, and Slovakia, to 0.2% in Croatia, 1.4% in Estonia, 2.5% in Hungary, and 1.2% in Luxembourg.
Majority of companies have focused on improving machine efficiency by enhancing the process parameters.
- Lobster Sports, Inc. has launched pickleball machines that can throw the pickleball at 75 mph, which is the best in the industry.
Most players are buying pickleball machines with higher ball capacity and ball throwing speed. However, demand for machines with 125 – 150 ball capacity and 50-60 mph throwing speed is expected to rise the fastest at CAGRs of 8% and 10%, respectively, through 2032.
North America is the largest market shareholder with nearly 91% market share held by the United States. However, East Asia is the leading white-label machine manufacturer. Owing to this, majority of companies prefer to develop their technology and get machines manufactured in East Asian countries such as China. This is likely to boost the sales of pickleball machines in East Asia. South Asia & Oceania is the fast-growing regional market that is projected to generate millions of dollars over the decade.
Key Takeaways from Market Study
- The pickleball machine market is anticipated to add 2.2X value by 2032.
- 125-150 ball capacity type holds nearly two-fifth of the global market share, and is set to create an absolute $ opportunity of more than US$ 4.7 Mn over 2022-2032.
- By throwing speed, 50-60 mph machines has been the fastest-growing segment.
- The markets in Indonesia and India are expected to dominate the South Asia and Oceania regions, with more than two-fifth and one-third market shares, respectively.
“High spending on the R&D of pickleball machine technologies set to offer ample opportunities as well as competitive edge, leading to significant market growth over the coming years,” says a Fact.MR analyst.
Key market players have been spending on research & development to come up with new products that can offer high speed with great spin effects. Companies also focusing on developing AI-based pickleball machines that can give better ball delivery to player based on their position, strength, court size, etc. These enhancements will drive growth of the pickleball machine market in the medium- to the long-term forecast period.
More Valuable Insights
Fact.MR, in its new offering, presents an unbiased analysis of the global pickleball machine market, presenting historical demand data (2017-2021) and forecast statistics for the period of 2022-2032.
The study divulges essential insights on the market on the basis of by ball capacity (50 – 75, 75 – 100, 100 – 125, 125 – 150, 150 – 175), by throwing speed (10-20 mph, 20-30 mph, 20-40 mph, 40-50 mph, 50-60 mph, 60-70 mph), by throw interval (1-10 sec, 1.5 - 10 Sec, 2 -12 Sec), by sales channel (online (company-owned websites, e-Commerce websites), offline (modern trade, sports outlets (franchised, independent), others), by motion (oscillating (2 line, random), non-oscillating), by elevation (manual, electronic), by spin effect (spin bound (left & right spin, top & under spin), no spin, spin switch (hybrid)), and across key regions (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA)
About the Sports Division at Fact.MR
Expert analysis, actionable insights, and strategic recommendations of the highly seasoned Sports team at Fact.MR helps clients from across the globe with their unique business intelligence needs. With a repertoire of over thousand reports and 1 million-plus data points, the team has analyzed the sports industry across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services. Reach out to explore how we can help.
For more information, refer to our market research report or contact the PR author.
Consultant – Sports