The overall sales of baseball gloves remain sluggish due to low popularity of the game as compared to other sports such as basketball, soccer or lawn tennis. Baseball glove is a niche sporting gear predominantly used by baseball players.
Use of baseball gloves basically started in 1870s when baseball players like Douglas L. Allison decided to use protective gloves during games. The gloves proved quite useful for players and gradually involved into baseball gear. Baseballs gloves are generally made of leather and can last for several years.
Longevity of baseball gloves also impact their purchasing cycle. The conventional utility and design of baseball gloves did not change much over the past few decades.
Moreover, limited scope of any radical transformation in product designs, coupled with lack of awareness among buyers about new products that are manufactured using alternative raw materials, is also playing a role in undermining any value growth in demand for baseball gloves. The latest report published by Fact.MR projects that the global baseball gloves market will register a miniscule CAGR of 2.3% during 2017 to 2022.
Baseball glove, also known as mitt is a bulky leather glove used by baseball players. Usually, it is worn by the players of a defending team for assisting each other in fielding and catching balls thrown by a teammate or hit by the opponent batter.
Based on convention, a right-handed thrower wears the glove on his left hand and inversely, a left-handed thrower on his right hand.
North America Will Continue to Spearhead the Global Baseball Gloves Market
North America is expected to remain of the most lucrative market for baseball during the forecast period.
The baseball gloves market in the region currently accounts for a significant revenue share and the trend is likely to continue through 2022. This is primarily owing to the overwhelming popularity of baseball in the U.S., which continues to drive the sales on various baseball equipment and gears including gloves.
First Baseman’s Baseball Gloves – Top Selling Glove Type
On the basis of baseball glove types, demand for first baseman's baseball gloves is expected to remain considerably high during the forecast period.
Global sales of first baseman's baseball gloves currently account for around 27% revenue share of the market. In addition to it, more than US$ 6 Mn worth first baseman's baseball gloves are estimated to be sold globally by 2022-end.
Fact.MR report also profiles key companies that are expected to remain active in the expansion of global baseball gloves market through 2022, which include
- Adidas AG
- Amer Sports Corporation
- Ampac Enterprises Inc.
- Easton Sports Inc.
- Franklin Sports Inc.
- Mizuno Corporation
- Newell Brands, Inc.
- NIKE Inc.
- Under Armour Inc.
- Vinci Pro.
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(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)
Injuries associated with improper padding and lack of protective gear have ended the careers of even the most talented sportsmen in the world.
Baseball, a staple sport of the US, and one of the top-grossing games in the world, needs gloves to make sure the players don’t bruise their hands upon strong impacts or spontaneous leaps.
The report, compiled by Fact.MR, provides in-depth analysis of the global baseball gloves market for the forecast period 2017-2022, and offers key insights about future market direction.
The scope of Fact.MR’s report is to analyze the global baseball gloves market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis.
Baseball gloves manufacturers, stakeholders, and suppliers in the sports sector can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and journals pertaining to sports.
The report commences with a brief information of the global baseball gloves market. This executive summary sets the tone for the rest of the report, providing users the scope of the report.
The executive summary includes important facts and statistics on the global baseball gloves market.
The next section offers an overview of the baseball gloves market. This comprises an introduction to the market, along with a standard definition of the product – baseball gloves.
In this section, market value and year-over-year growth is offered to the readers. Year-over-year growth provides readers with a broader view of growth patterns over the forecast period.
The report’s succeeding section focuses on drivers, restraints and key trends from macroeconomic, demand, and supply perspectives. Impact analysis of weighted average model-based growth drivers is contained in the report for better provision of decision-making insights to clients.
In order to offer readers with up-to-date information about the latest advancements in the global baseball gloves market, the report provides updates about market opportunities, which can benefit leading manufacturers of baseball gloves.
With continuous evolution of the sports sector, keeping a record of latest developments and trends is fundamental for baseball gloves manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, pricing analysis, list of distributors, and cost structure are provided in this section.
Considering the wide scope of the global baseball gloves market and to offer in-depth insights, Fact.MR’s report provides segment-wise analysis and forecast.
The global baseball gloves market has been categorized on the basis of glove type, sales channel, buyer type and region. This segmentation analysis is comprehensive, coupled with a detailed country-wise forecast provided on all parameters.
The report’s last section comprises of the global baseball gloves market competitive landscape, to provide readers with the dashboard view of company analysis and market players.
This competitive intelligence is based on the providers’ categories across value chain, and their presence in the global baseball gloves market.
Fact.MR is committed to offer unbiased and independent market research solutions to its clients. Each market report of Fact.MR is compiled after months of exhaustive research.
We bank on a mix of tried-and-tested and innovative research methodologies to offer the most comprehensive and accurate information. Our main sources of research include,
- Primary research
- Secondary research
- Trade research
- Focused interviews
- Social media analysis
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