Analysis of Portable Basketball Hoops market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
The portable basketball hoops market is currently witnessing impressive growth due to the rising participation in the activity both as a competitive sport and a recreational activity. As against inground basket ball, portable basketball hoops can be transported from one place to another. There are many portable basketball hoops available in the market with adjustable height and it varies from 3.5 ft. to 10 ft. In order to provide stability, the majority of portable basketball hoops use a water-filled or a sand-filled anchor (Base). If you have a portable outdoor basketball hoop in your driveway, then you can play anytime. Apart from the driveway, there are various places where one can install portable basketball hoops, such as the garage or a lawn or near the pool. Although the portable basketball hoops market is a bit fragmented in nature but still with the rising number of national and international sports competitions globally, the demand for portable basketball hoops has surged, which will, in turn, increase the volume of sales from retail outlets to the company online sales channel
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Manufacturers are capitalizing on the increasing demand for portable basketball hoops due to the growing popularity of the sport across the globe. A majority of individuals across the world engage themselves in several activities for unwinding after their hectic schedules due to the fast-paced lifestyle. Basketball sport is a fast-growing recreational activity that a mounting number of individuals are participating in across countries. With the increasing number of individuals playing basketball as a recreational activity, the portable basketball hoops market is touted to expand significantly in the upcoming years.
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Since basketball is gaining popularity across the world as a recreational activity, competition in the portable basketball hoops market is also increasing substantially. To capitalize on the increasing demand for a variety of portable basketball hoops, the number of new entrants in the portable basketball hoops market has grown considerably. Local brands in the regional portable basketball hoops market are introducing various portable basketball hoops with a diverse pricing range to attract more consumers. Most of the local market players are trying to improve their sales by copying brand-name products and offering great “factory-direct” deals on counterfeit portable basketball hoops. These products are usually made from inferior materials, which increases the possibility of causing injuries to the user. This also hampers the growth of the portable basketball hoops market.
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The regional demand for portable basketball hoops varies across the globe. However, North America has adopted portable basketball hoops lately, and therefore, the region is expected to show considerable growth in the forthcoming years. Despite the concentration of users in North America, portable basketball hoops manufacturers are also focusing on Asian countries, mostly in China and India.
Some of the prominent players operating in the portable basketball hoops market are:
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.
Global portable basketball hoops market is segmented on the basis of backboard size (Inch"), backboard material, type, price range and region.
The global portable basketball hoops market is apportioned into seven regions:
On the basis of Backboard Size (Inch"), the global portable basketball hoops market is segmented as:
On the basis of backboard material, the global portable basketball hoops market is segmented into:
On the basis of type, the global portable basketball hoops market is segmented into:
On the basis of the price range, the global portable basketball hoops market is segmented into:
The height of adjustable type portable basketball hoops varies from 3.5 ft. – 7 ft. (Mini) and 7.5 ft. – 10 ft.
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