Published by top news
Posted on August 23, 2021
Over the past decade, the sports as well as sports accessories industry has transformed, and like other industries, sports has become global in nature. Sports like basketball have long been consolidated in certain pockets of global geographic clusters, and have captivated a limited target audience. Nevertheless, least preferred sports such as basketball are being promoted by associations and investors across key countries, especially in countries with a large customer base, such as China, India, Indonesia, etc.
“Fact.MR, A Market Research and Competitive Intelligence Provider” has used a versatile approach to focus attention on the historical evolution, Demand and Sales of Backboard Market. The research provides a comprehensive analysis of current Backboard key trends, major growth avenues in the estimation year, and key prospects for the forecast period of 2021-2031. Backboard market drivers and constraints, threats and opportunities, regional segmentation and opportunity assessment, end-use/application prospects review are addressed in the Backboard market survey report.
To Get In-depth Insights Request for Brochure here – https://www.factmr.com/connectus/sample?flag=B&rep_id=932
Legacy Markets Continue to Dominate
In terms of regional demand, North America leads the sales charts for backboards, owing to the number of active and passive players in the region. The U.S. alone accounted for around 30 percent value contribution to the global backboard market in 2017. However, it is projected to lose share in the long term against new markets for backboards, due to an upsurge and penetration of basketball across key consumer markets. North America is followed by Europe and Latin America in terms of total demand, whereas, Asia Pacific leads in terms of growth.
Despite the concentration of players in North America, backboard manufacturers are largely concentrated in Asian countries, largely China. These backboard companies, over the past few years, have switched strategy from ‘look to America to cater the rest’. Some of the key market participants in the global backboard market are Decathlon, Russell Brands LLC., Gared Holding Company, Mondo S.p.A., Schelde Sports, and Sport System srl.
Key questions answered in Backboard Market Survey Report:
Request Customized Report as Per Your Requirements – https://www.factmr.com/connectus/sample?flag=RC&rep_id=932
Essential Takeaways from the this Market Report
Globalization of Sports Creating Value for All –
Over the past decade, the sports as well as sports accessories industry has transformed, and like other industries, sports has become global in nature. Sports like basketball have long been consolidated in certain pockets of global geographic clusters, and have captivated a limited target audience. Nevertheless, least preferred sports such as basketball are being promoted by associations and investors across key countries, especially in countries with a large customer base, such as China, India, Indonesia, etc.
The Report Covers Exhaustive Analysis On:
Read More Trending and Similar Reports from Fact.MR – http://www.globenewswire.com/en/news-release/2018/04/05/1465787/0/en/Global-Surfboard-Market-Institutional-Buyers-to-Account-Highest-Market-Value-Share-during-2017-2026.html
Explore Fact.MR’s Coverage on the Sports Domain:
Sports Optics Market – Optics play an integral role in sporting events with numerous sports requiring the use of optical devices to assess the range of their target, take aim, collect information, and enhance the viewing experience. Telescopes, rangefinders, binoculars, and riflescopes are some of the devices that fall under the category of sports optics.
Hybrid Bicycles Market – The global market size for hybrid bicycles is estimated to be more than US$ 17 Bn in 2018 and is projected to witness a single digit growth rate during the forecast period from 2018 to 2028.
Diving Board Market – The diving board market in the sports industry is majorly driven by the increasing popularity of several kinds of dives in international swimming tournaments, Commonwealth Games, Olympics, etc. These factors boost the overall diving board market and are anticipated to maintain a stable growth in the forecast period.
About Fact.MR
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Over the past decade, the sports as well as sports accessories industry has transformed, and like other industries, sports has become global in nature. Sports like basketball have long been consolidated in certain pockets of global geographic clusters, and have captivated a limited target audience. Nevertheless, least preferred sports such as basketball are being promoted by associations and investors across key countries, especially in countries with a large customer base, such as China, India, Indonesia, etc.
“Fact.MR, A Market Research and Competitive Intelligence Provider” has used a versatile approach to focus attention on the historical evolution, Demand and Sales of Backboard Market. The research provides a comprehensive analysis of current Backboard key trends, major growth avenues in the estimation year, and key prospects for the forecast period of 2021-2031. Backboard market drivers and constraints, threats and opportunities, regional segmentation and opportunity assessment, end-use/application prospects review are addressed in the Backboard market survey report.
To Get In-depth Insights Request for Brochure here – https://www.factmr.com/connectus/sample?flag=B&rep_id=932
Legacy Markets Continue to Dominate
In terms of regional demand, North America leads the sales charts for backboards, owing to the number of active and passive players in the region. The U.S. alone accounted for around 30 percent value contribution to the global backboard market in 2017. However, it is projected to lose share in the long term against new markets for backboards, due to an upsurge and penetration of basketball across key consumer markets. North America is followed by Europe and Latin America in terms of total demand, whereas, Asia Pacific leads in terms of growth.
Despite the concentration of players in North America, backboard manufacturers are largely concentrated in Asian countries, largely China. These backboard companies, over the past few years, have switched strategy from ‘look to America to cater the rest’. Some of the key market participants in the global backboard market are Decathlon, Russell Brands LLC., Gared Holding Company, Mondo S.p.A., Schelde Sports, and Sport System srl.
Key questions answered in Backboard Market Survey Report:
Request Customized Report as Per Your Requirements – https://www.factmr.com/connectus/sample?flag=RC&rep_id=932
Essential Takeaways from the this Market Report
Globalization of Sports Creating Value for All –
Over the past decade, the sports as well as sports accessories industry has transformed, and like other industries, sports has become global in nature. Sports like basketball have long been consolidated in certain pockets of global geographic clusters, and have captivated a limited target audience. Nevertheless, least preferred sports such as basketball are being promoted by associations and investors across key countries, especially in countries with a large customer base, such as China, India, Indonesia, etc.
The Report Covers Exhaustive Analysis On:
Read More Trending and Similar Reports from Fact.MR – http://www.globenewswire.com/en/news-release/2018/04/05/1465787/0/en/Global-Surfboard-Market-Institutional-Buyers-to-Account-Highest-Market-Value-Share-during-2017-2026.html
Explore Fact.MR’s Coverage on the Sports Domain:
Sports Optics Market – Optics play an integral role in sporting events with numerous sports requiring the use of optical devices to assess the range of their target, take aim, collect information, and enhance the viewing experience. Telescopes, rangefinders, binoculars, and riflescopes are some of the devices that fall under the category of sports optics.
Hybrid Bicycles Market – The global market size for hybrid bicycles is estimated to be more than US$ 17 Bn in 2018 and is projected to witness a single digit growth rate during the forecast period from 2018 to 2028.
Diving Board Market – The diving board market in the sports industry is majorly driven by the increasing popularity of several kinds of dives in international swimming tournaments, Commonwealth Games, Olympics, etc. These factors boost the overall diving board market and are anticipated to maintain a stable growth in the forecast period.
About Fact.MR
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Explore more articles in the Research Reports category
