Pickleball Equipment Market to Grow with a CAGR of 9.5% Globally through 2028
Increasing popularity of pickleball and growth of
pickleball clubs and communities are driving the Global Pickleball Equipment
Market in the forecast period 2024-2028. According to TechSci Research
report, “Global Pickleball Equipment Market - Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2028”, the Global Pickleball
Equipment Market stood at USD 516.54 Million in 2022 and is anticipated to grow
with a CAGR of 9.5% in the forecast period, 2024-2028. The global pickleball
equipment market has experienced substantial growth and transformation in
recent years, reflecting the increasing popularity of the sport. Pickleball, a
paddle sport combining elements of tennis, badminton, and ping pong, has attracted
a diverse and enthusiastic player base, leading to a surge in demand for
related equipment. This overview will delve into the key dynamics that define
the global pickleball equipment market. One of the primary drivers behind the
pickleball equipment market's growth is the sport's widespread appeal.
Pickleball is known for its inclusivity, making it accessible to players of all
ages and skill levels. From seniors seeking a low-impact fitness activity to
younger individuals looking for social and competitive engagement, pickleball
caters to a broad demographic. This wide appeal has significantly increased
participation rates, translating into a growing demand for pickleball
equipment. The sport's simplicity and quick learning curve have made it
accessible to beginners, further boosting participation and driving the need
for quality gear. Additionally, the rise of dedicated pickleball courts in
community and recreational facilities has further fueled the demand for
equipment, as players invest in paddles, balls, nets, and apparel to enjoy the
game.
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The market's growth has also been influenced by the
entry of well-established sporting goods manufacturers into the pickleball
equipment segment. Recognizing the sport's burgeoning popularity, major brands
have diversified their product offerings to include pickleball equipment. This
expansion not only lends credibility to the sport but also provides players
with a broader selection of trusted equipment options. Major manufacturers have
invested in research and development to enhance paddle and ball technology,
driving innovation in the field. As these companies continue to explore the
pickleball market, it is expected that the industry will witness further
advancements and increased investment in product development.
Competitive play has also played a pivotal role in
shaping the global pickleball equipment market. The sport has transitioned from
casual backyard games to a competitive activity with a thriving tournament
circuit. Both professional and amateur pickleball tournaments are held
worldwide, drawing seasoned players and fostering a sense of competitiveness.
In this competitive environment, players look for equipment that can enhance
their performance and give them an edge on the court. The desire for specialized
and tournament-approved paddles has given rise to niche pickleball equipment
brands catering specifically to competitive players. This increasing demand for
high-quality equipment is not only driving sales but also promoting innovations
that cater to the needs of serious players.
Pickleball clubs and communities have emerged as
significant contributors to the demand for equipment. Many communities and
facilities have recognized the sport's popularity and have invested in
constructing dedicated pickleball courts. These courts serve as social hubs for
pickleball enthusiasts, fostering a sense of community and camaraderie. Within
these communities, players often recommend their favorite equipment to others,
creating a strong word-of-mouth marketing dynamic. Club organizers, looking to provide
the best playing experience for their members, invest in quality equipment,
further stimulating demand and spurring market growth. To summarize, the global pickleball equipment market
has experienced robust growth due to the sport's broad appeal, entry of major
sporting goods manufacturers, the rise of competitive play, the growth of
pickleball clubs and communities, and the development of dedicated
infrastructure. As pickleball's popularity continues to soar, and with ongoing
innovations in equipment design and technology, the future of the pickleball
equipment market remains promising, making it an exciting space for both
investors and enthusiasts alike.
The Global Pickleball Equipment Market is segmented
into product, distribution channel, regional distribution, and company.
Based on product, the market is segmented into paddles,
balls, others. The global pickleball equipment market has witnessed a
substantial surge in the demand for paddles, which are essential components of
the sport. The escalating popularity of pickleball, particularly among a
diverse demographic, has propelled the need for high-quality paddles.
Manufacturers are responding by offering an array of paddle options, catering
to different skill levels and playing styles. Moreover, technological
advancements in paddle design and materials have enhanced performance,
encouraging both newcomers and experienced players to invest in paddles that
offer improved control, power, and durability. This rising demand underscores
the pivotal role paddles play in shaping the pickleball experience. Based on distribution
channel the market is segmented into offline and online. Based on region the
market is segmented into five regions, North America, Europe, Asia Pacific,
Middle East & Africa, and South America.
Major companies operating in Global Pickleball
Equipment Market are:
- Franklin Sports
- Gamma Sports
- HEAD N.V
- Manta World Sports
- Onix Sports (Escalade Sports)
- PAC Pickleball Paddles
- Paddletek
- Pickle-Ball Inc
- Pro-Lite Sports
- Selkirk Sport
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“Expanding demographic reach of pickleball is a
significant trend that is expected to have an impact on growth over the
forecasted period. Increasing popularity of pickleball and growth of
pickleball clubs and communities will positively impact the Global Pickleball
Equipment Market. Due to the wide range of products available to meet specific
needs of, as well as the growing popularity of the online sales channel, the
market is growing at impressive rate through projected period,” said Mr. Karan
Chechi, Research Director with TechSci Research, a research-based management
consulting firm.
“Pickleball
Equipment Market – Global Industry Size, Share, Trends, Opportunity, and
Forecast, Segmented By Product (Paddles, Balls, Others), By Distribution
Channel (Offline, Online), By Region, By Competition, 2018-2028”,
has evaluated the future growth potential of Global Pickleball Equipment Market
and provides statistics & information on market size, structure, and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Pickleball Equipment Market.
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