Softball Glove Market was valued at US$ 5.06 Mn. in 2022. Global Softball Glove Market size is expected to grow at a CAGR of 10% through the forecast period.
Softball Glove Market Overview:Softball is a changed version of baseball played on a smaller field with a bigger, softer ball within seven innings, and underarm throw. The game was developed in the USA during the late nineteenth century as a form of indoor baseball. It is a Summer Olympic sport widely played by women. The essentials for softball include bat, softball, knee pads, gloves, helmet etc. The gloves required for softball are larger and longer as compared to the baseball glove since the softball is bigger. They are often referred as softball mitts. Softball's developing popularity has brought about an increase in demand for softball equipment including softball gloves. Softball glove clients are presently searching for hand crafted softball gloves that match their needs and expectations, provoking softball glove manufacturers to give customized gloves. These factors are supposed to grow the softball glove market.To know about the Research Methodology :- Request Free Sample Report
Softball Glove Market Dynamics:Market Drivers: The development of this market can be attributed to factors like the rising number of individuals taking part in the game, increasing consciousness about advantages related with playing sports like softball and increasing on-field participation among female players. Along with that development in innovation are additional factors driving the development of this market. For example, organizations have come up with new materials that give better grip to female players to abstain from dropping balls. These advancements assist glove manufacturers who offer products designated towards female players which may not be keen on buying gloves because of their absence of finger skill or other limitations. For example, Rawlings Sporting Goods Inc. is set to procure baseball and softball equipment producer Easton Diamond Sports LLC. The deal will offer the consolidated organizations the capacity to make a more extensive product portfolio and invest more in development initiatives. Along with health professional spreading awareness about sports advantages, schools and universities also motivate students to opt for some or the other sport which would directly boost the sport equipment market including softball glove market during the forecast period. Market Restraints: The unavailability of raw material can hamper the growth of the softball glove market. Increasing demand for customized gloves has been a driving factor but it can also cause the market to restrain. Customization involves particularly producing gloves as per the customer preference; this can be sometimes challenging due to the lack of availability of raw materials and improper logistics services. Along with that majority of the youth population turning towards virtual games is also suppressing the market growth. Rapidly rise in interest for virtual games and metaverse demotivates the young population to play outdoor game. Moreover, the COVID-19 pandemic restricted people to stay indoors due to which there was a decline in demand for sports equipment including softball gloves. Thus all the mentioned key points can be considered as a restraining factor for the softball gloves market.
Softball Glove Market Segment Analysis:By Type, Adult American Softball Glove is more preferred in the market as there are more number of adults playing this sport. Adult softball gloves demand is more owing to the increased usage of the sport equipment by professional players as well as new learners. Adult American Softball Gloves are a kind of mitt without any fingers. The inner of the glove is produced using sheepskin, while the outside is more tough and simpler to hold in wet climate. The gloves have wide webbing across the palm with the goal that players can hold balls better by utilizing their entire hand instead of index fingertips as an ordinary glove would. Youth American Softball Gloves will be gloves planned explicitly for youngsters and teens who play the sport of softball. They have a more modest, smaller palm with less cushioning to be more fitting for their hands. Youth gloves commonly don't come in various sizes like grown-up gloves they will either fit or they will not. Youth American gloves can be customized according to the player’s needs.Based on the End Users, Softball gloves are significant in the professional player. They give a superior grip and furthermore assurance from injury to your hand, arm, or wrist. The professionals utilize these gloves for games that are generally longer than different kinds of sporting games. Gloves permit you to make more precise tosses which can prompt getting sprinters out at the home plate and catching fly balls. Professional players wear these gloves for a more longer timeframe than amateur players and they will be worn while in between innings to shield their hands from injury while on the bench. This sort of glove is called batting gloves or "mitts" which are generally made from leather, cork, and felt. A softball glove is a defensive stuff for the hands of players that are not experts. It helps in getting, handling, and tossing balls effectively with no sort of injury to their hand or fingers particularly when they need to get fastballs. Amateur Softball Gloves ordinarily don't offer a lot of protection as compared to professional American gloves however they can safeguard the fingers and the hand from getting jammed.
Softball Glove Market Regional Insights:The North America region dominated the market with 37 % share in 2022. In North America is supposed to be the biggest market because of its high population playing softball sport. In Europe, increasing interest in all types of sports has brought about a higher participation by both male and female competitors which will therefore prompt the increased spending on sports equipment like gloves. USA being the region who is majorly interested in baseball and softball holds the large market share of softball glove market. The Asia-Pacific region is expected to witness significant growth at a CAGR of 4.7% through the forecast period. The Asia Pacific is the biggest market for softball gloves because of the developing population of individuals who are playing this game. The development in the Asia-Pacific region drove by China and India can be attributed to high participation rates, as well as a rise in government interests into investing in sports foundations inside these nations has increased the demand for softball gloves. Moreover, the common utilization of softball gloves in this region has been due to various factors including the climate, culture, and lifestyle. Increasing globalization has led to adoption of different cultures and lifestyle from different parts of the world. Sports being one of them can be introduced in these countries which would drive the market of softball gloves during the forecast period. The objective of the report is to present a comprehensive analysis of the global Softball Glove Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Softball Glove Market dynamic, structure by analyzing the market segments and projecting the Softball Glove Market Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Softball Glove Market make the report investor’s guide.
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Softball Glove Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 5.06 Mn. Forecast Period 2023 to 2029 CAGR: 10% Market Size in 2029: US $9.86 Mn. Segments Covered: by Product Adult American Softball Glove Youth American Softball glove by Type Professional Players Amateur Players
Softball Glove Market, by RegionNorth America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)
Key Players1. Akadema 2. Easton Sports 3. Franklin 4. Louisville Slugger 5. Miken Composites 6. Mizuno 7. Nokona 8. Rawlings 9. VINCI 10.Wilson 11.Worth 12.Champion Sports 13.Dudley Sports 14.Under Armour 15.Marucci 16.Decathlon 17.Verdict 18.Auburn Leather 19.Charlie Rose Baseball 20.Prolmage Apparel 21.Oaks Batter Up 22.Get Gloves Now Frequently Asked Questions: 1] What segments are covered in the Softball Glove Market report? Ans. The segments covered in the Softball Glove Market report are based on Type and End Users. 2] Which region is expected to hold the highest share in the Softball Glove Market? Ans. The Asia-Pacific region is expected to hold the highest share in the Battery Resistance Tester Market. 3] What is the market size of the Softball Glove Market by 2029? Ans. The market size of the Softball Glove Market by 2029 is expected to reach US$ 9.86 Mn. 4] What is the forecast period for the Global Softball Glove Market? Ans. The forecast period for the Softball Glove Market is 2023-2029. 5] What was the market size of the Global Softball Glove Market in 2022 Ans. The market size of the Softball Glove Market in 2022 was valued at US$ 5.06 Mn.
1. Global Softball Glove Market Size: Research Methodology 2. Global Softball Glove Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Softball Glove Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Softball Glove Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • Middle East and Africa • South America 3.12. COVID-19 Impact 4. Global Softball Glove Market Size Segmentation 4.1. Global Softball Glove Market Size, by Type (2022-2029) • Adult American Softball Glove • Youth American Softball glove 4.2. Global Softball Glove Market Size, by End Users (2022-2029) • Professional Players • Amateur Players 5. North America Softball Glove Market (2022-2029) 5.1. North America Softball Glove Market Size, by Type (2022-2029) • Adult American Softball Glove • Youth American Softball glove 5.2. North America Softball Glove Market Size, by End Users (2022-2029) • Professional Players • Amateur Players 5.3. North America Softball Glove Market, by Country (2022-2029) • United States • Canada • Mexico 6. European Softball Glove Market (2022-2029) 6.1. European Softball Glove Market, by Type (2022-2029) 6.2. European Softball Glove Market, by End Users (2022-2029) 6.3. European Softball Glove Market, by Country (2022-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Softball Glove Market (2022-2029) 7.1. Asia Pacific Softball Glove Market, by Type (2022-2029) 7.2. Asia Pacific Softball Glove Market, by End Users (2022-2029) 7.3. Asia Pacific Softball Glove Market, by Country (2022-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Softball Glove Market (2022-2029) 8.1. Middle East and Africa Softball Glove Market, by Type (2022-2029) 8.2. Middle East and Africa Softball Glove Market, by End Users (2022-2029) 8.3. Middle East and Africa Softball Glove Market, by Country (2022-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Softball Glove Market (2022-2029) 9.1. South America Softball Glove Market, by Type (2022-2029) 9.2. South America Softball Glove Market, by End Users (2022-2029) 9.3. South America Softball Glove Market, by Country (2022-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1. Akadema 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Easton Sports 10.3. Franklin 10.4. Louisville Slugger 10.5. Miken Composites 10.6. Mizuno 10.7. Nokona 10.8. Rawlings 10.9. VINCI 10.10. Wilson 10.11. Worth 10.12. Champion Sports 10.13. Dudley Sports 10.14. Under Armour 10.15. Marucci 10.16. Decathlon 10.17. Verdict 10.18. Auburn Leather 10.19. Charlie Rose Baseball 10.20. Prolmage Apparel 10.21. Oaks Batter Up 10.22. Get Gloves Now