Demand for Softball Apparel Fuelled by Injury Reduction Methods and Need for Customized Products, Value to Reach US$ 532.42 Million by 2033

U.S. to Make Headway in Softball Apparel Market as Millennials Incline towards Activities to Enhance their Mental Health & Surge Flexibility

Rockville, Jan. 09, 2023 (GLOBE NEWSWIRE) — The latest Fact.MR report on the global softball apparel industry reveals the top trends and the upcoming developments. All Segments such as product, region, sales channel, buyer type and country. For enhanced market competitiveness, both leading and emerging players can profit from the insights in the report.

Fact.MR – A Market Research and Competitive Intelligence ProviderThe global softball apparel market will reach US$ 330 million by 2023. Fact.MR projects that the market will experience a steady CAGR between 2.3% and 4.9% over the period 2023-2033. The market is valued at US$ 532.42 Million by 2033.

In the next ten-years, the demand for apparel that is suitable for softball will skyrocket due to its popularity. Softball apparel is increasingly popular with players who want to protect themselves and feel more comfortable while playing.

Softball’s increasing popularity is a major reason for the increase in softball tournaments around the world. For many tournaments, it is mandatory that players wear softball clothing to prevent serious injuries. Fact.MR predicts that softball apparel sales will increase as more tournaments are organized all around the globe.

Tailor-made softball apparel is expected to gain popularity as more people are searching for apparel that suits their individual needs. It will likely encourage key players in the industry to produce new custom softball equipment, and then to sell it online.

Softball will be seen as both a means of personal achievement and a way to engage with others. To attract large client bases across the globe, major companies are creating innovative fabrics and new designs.

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The U.S. will see a significant CAGR of 4.1% over the 2023-2033 evaluation period, depending on the country. Fact.MR reports that softball is expected to be popularized in the USA due to the rising interest of millennials, who seek to improve flexibility and their mental health. Softball apparel will be in high demand due to the rising cost of good-quality sports clothes.

Europe is forecast to see a 5.8% CAGR throughout the forecast period. The region is expected to observe stable growth on the back of growing popularity of physical activities for maintaining one’s overall health. The Europe market is expected to benefit from rising disposable incomes in the U.K. as well as Germany.

The Key Takeaways

• From US$ 100 million in 2022, the U.S. softball apparel marketplace is projected to be worth US$ 150M by 2033.

• Europe’s softball apparel market is expected be worth US$ 140M in 2033 and US$ 80M by 2022.

• Based on product, the softball shirts segment is anticipated to generate the lion’s share of around 52% in 2022.

• According to the buyer type, the demand for softball apparel by individual buyers will be the greatest throughout the evaluation period.

• Third-party online channels will see a 5.1% CAGR over the next ten year, according to sales channel.

Growth drivers

• Manufacturers will be forced to create new designs to meet the demands of athletes as a result of rising fashion trends around the world. This is expected to lead to growth.

• With a growing awareness of the benefits of participating in sports, there would be an increase in sales if there was a rise in expenditures for sports training.

Restraints

• Counterfeit clothing manufactured locally is hindering market expansion as they copy the style and logos of genuine products made by well-respected companies.

• Softball shorts are not very protective as they are loose-fitting and can easily ride up to expose one’s legs, which may hamper their demand.

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Competitive Landscape

Leading players in the global softball apparel market such as Nike, Adidas, Puma, and Under Armour Inc. are increasingly investing in research & development activities to create more protective and comfortable apparel to meet the surging demand. For the promotion of softball, they also invest large sums in infrastructure.

Take for instance,

• In October 2021Extra Inning Softball launched an online apparel store, which includes sweatshirts, hoodies, long sleeves shirts, and T-shirts. The shirts are available in three different designs: Extra Elite and So Extra. The Extra Elite 100 players are the only ones who can get the Extra Elite 100 shirts.

• In June 2022Puma, a German sports brand that is a leader in India, has launched its latest mobile shopping app. The company aims to improve digital portfolios and provide quick access to its most popular products to Indian consumers. The app will be available in other countries as well.

Fact.MR profiles key companies

More valuable insightsn Apparel for soft-skinny people Market

Fact.MR presents a comprehensive analysis of the softball apparel industry, including historical demand data from 2018-2022 and forecast statistics for 2023-2033. The report provides valuable insights about the global softball market. It also includes a detailed segmentation of the market based on:

By Product:

• Shirt

• Pant

• Slider Shorts

• Caps & Belts

• Other

By Sales Channel:

• Independent Sports Outlets

• Franchised Sports Outlets

• Modern trade Channels

• Brand Outlet Direct-to Customer

• Online channel for direct-to-customer orders

• Channel Institutional Channel Direct-to Customer

• Third-Party Online Channel

By Type of Buyer:

• Individual

• Institutional

• Promotional

By Region:

• North America

• Latin America

• Europe

• Japan

• APEJ

• Middle East & Africa

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The Key Questionsn The Apparel for soft-skinny people Market Report

• What percentage of the softball apparel market is expected to grow by 2023?

• At what CAGR will sales of softball apparel surge during the forecast period (2023 – 2033)?

• What is the outlook for softball apparel in 2033?

• What region is most likely, by geography, to experience the fastest growth in the softball apparel industry?

• Which product segment will dominate the softball apparel market in the future?

Explore Fact.MR’s Coverage On The Sports Domain

Softball Equipment Market: Fact.MR predicts that the global softball equipment industry will be valued at US$ 507.75M by 2023. The market value is expected to grow at 3.5% between 2023 and 2033 and reach US$ 716.23 million by 2033. The key factor driving market growth is the increase in initiatives taken by governments to promote softball around the world.

Sports Apparel Market: Fact.MR projects that the value of the global sports apparel market will be approximately US$ 207 billion by 2023. The global market is expected to register a 6.9% CAGR over the next ten year. It is estimated to be worth US$ 400 Billon by 2033. Growing popularity of physical fitness activities and rising crossover between fashion & sports are vital factors predicted to shape the market expansion.

Sport Protection Equipment Market: Global sport protection equipment market value is estimated to reach US$ 8.42 Billon by 2022. Fact.MR forecasts that the market will reach US$ 14.87 Billion by 2033, and grow at a rate of 5.3% between 2023-2033. The market is expected to grow due to increased public awareness about sports injuries and the enforcement of regulations by sporting bodies.

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