Market Size of Volleyball Equipment Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 6.83 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Volleyball Protective Equipment Market Analysis
The volleyball equipment market is projected to register a CAGR of 6.83% during the forecast period, 2022-2027.
During COVID-19, the Volleyball equipment market was negatively affected. Worldwide lockdown led to many pre-orders being canceled, resulting in the cancellation of events and the closure of basketball academies. Since almost all the nations stopped their trade activities during the pandemic, the industry has been faced with many constraints due to the disruption in the supply chain.
In the long term, the overall market is expected to drive by the increasing number of new national and international leagues and tournaments across the globe. Furthermore, in every season of big tournaments, there is an increasing trend of launching new balls with improved features. In addition. the rising popularity of beach volleyball in Brazil, Australia, and New Zealand, as well as in continental Europe, and the growing participation in sports tournaments which include outdoor sports such as volleyball is likely to propel the demand for volleyball equipment during the forecast period. For instance, in April 2022, the popular volleyball event - Volleyball World Beach Pro Tour announced the addition of five new stops to its existing beach volleyball location making it a total of 24 for 2022's season.
Moreover, the emergence of 3D-printed volleyball shoes and eco-friendly sports gear and equipment will continue to generate massive opportunities that will further contribute to the growth of the volleyball equipment market. In addition, the growing popularity of sand or beach volleyball as a recreational sport among leisure travelers is anticipated to push the demand for volleyball equipment in the worldwide market.
