According to a recent Fact.MR analysis, the pickleball equipment market’s prospects will remain positive as the sport’s popularity among the senior demographic continues to grow.
Pickleball games and competitions, on the other hand, are not covered by the media. Pickleball’s appeal in Asia Pacific, the Middle East, and Africa has been limited as a result of these factors. Pickleball is seen as a recreational hobby or a modern sport for fitness by the majority of people. The growth of the pickleball equipment market has been aided by the increasing adoption of digital channels to ensure worldwide visibility and regional availability.
Pickleball Equipment Market: Segmentation
Fact.MR has studied the pickleball equipment market with detailed segmentation on the basis of product, sales channel, buyer, and key regions.
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Product
- Paddles
- Wood
- Graphite & Composite
- Balls
- Indoor Play
- Outdoor Play
- Accessories
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Sales Channel
- Independent Sports Outlets
- Franchised Sports Outlets
- Modern Retail
- Online Retail
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Buyer
- Individual
- Institutional
- Promotional
Pickleball Equipment Market Outlook by Region
Because of the tremendous expansion of pickleball sports in the United Kingdom and Spain, Europe is viewed as the most lucrative region with the greatest pickleball equipment market share. The development of Europe’s pickleball equipment industry is influenced by regional trends and sports regulatory policies. The U.K. market, in particular, is expected to grow at a CAGR of 9.5 percent and provide an absolute $ potential of US$ 110 million over the projection period.
On the strength of growing popularity for sports in the region, key players in the pickleball equipment market are increasingly looking at Europe as a target market. Furthermore, the pickleball equipment market in North America is estimated to provide an absolute $ opportunity of US$ 200 million.
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