Baseball Shoes Market

Global Baseball Shoes Market Size, Share & Trends Analysis Report By Age Group (Adults and Kids), By Type, By Distribution Channel, By Regional Outlook and Forecast, 2024 - 2031

Report Id: KBV-24641 Publication Date: September-2024 Number of Pages: 334
2023
USD 3.8 Billion
2031
USD 7.1 Billion
CAGR
8.3%
Historical Data
2020 to 2022

“Global Baseball Shoes Market to reach a market value of USD 7.1 Billion by 2031 growing at a CAGR of 8.3%”

Analysis of Market Size & Trends

The Global Baseball Shoes Market size is expected to reach $7.1 billion by 2031, rising at a market growth of 8.3% CAGR during the forecast period. In the year 2023, the market attained a volume of 75,796.9 thousand units, experiencing a growth of 5.6% (2020-2023).

The construction of baseball fields, training centres, and sports complexes in countries such as Brazil and Saudi Arabia enhances the sport’s infrastructure. Improved facilities support player development and increase the need for specialized baseball footwear. Investment from both government bodies and private entities in baseball infrastructure and development programs boosts the demand for baseball shoes. This investment includes funding for youth programs, local leagues, and sports academies. Thus, the Lamea region acquired 7% revenue share in the market 2023. In terms of volume Lamea region is expected to utilize 7,856.8 thousand units of baseball shoes by 2031.

Baseball Shoes Market Size - Global Opportunities and Trends Analysis Report 2020-2031

As players and coaches become more conscious of these health benefits, there is a stronger drive to invest in high-quality baseball shoes that promote long-term well-being. Therefore, focusing on athletic performance and health is driving the growth of the market.  Additionally, The growth of sports tourism has led to developing and enhancing sports facilities, including baseball parks and training centers. Upgraded facilities often feature better amenities and attract more visitors, which increases the demand for baseball shoes as part of the overall sports experience. Hence, the growth of sports tourism worldwide is driving the market's growth.

However, developing an efficient distribution network in regions with low baseball participation can be challenging and costly. Brands may face difficulties establishing retail partnerships or managing logistics for baseball shoes in these markets. Thus, inadequate market penetration in non-baseball-centric regions hamper the market's growth.

Driving and Restraining Factors
Baseball Shoes Market
  • Rising demand for performance and comfort
  • Focus on athletic performance and health
  • Growth of sports tourism worldwide
  • Inadequate market penetration in non-baseball-centric regions
  • High cost of specialized baseball footwear
  • Expansion into female baseball footwear
  • Subscription-based footwear services
  • Prevalence of counterfeit products
  • Short product lifecycle

Age Group Outlook

On the basis of age group, the market is segmented into adults and kids. The adults segment recorded 66% revenue share in the market in 2023. Adults are more likely to participate in organized baseball leagues and tournaments, often requiring specialized footwear. In terms of volume 26,901.4 thousand units of baseball shoes are expected to utilize by adult age group by 2031.

Baseball Shoes Market Share and Industry Analysis Report 2023

Type Outlook

Based on type, the market is categorized into metal cleats, molded cleats, turf cleats, and interchangeable cleats. In 2023, the molded cleats segment registered 29% revenue share in the market. Molded cleats are designed to be versatile and can be used on various playing surfaces, including grass, dirt, and artificial turf. In terms of volume 22,502.8 thousand units of molded cleats type baseball shoes are expected to be utilized by 2031.

Distribution Channel Outlook

By distribution channel, the market is divided into brand outlets, specialty sports stores, e-commerce, and others. In 2023, the specialty sports stores segment registered 36% revenue share in the market. Specialty sports stores typically have knowledgeable staff who can advise on the best for a player's specific needs. In terms of volume 25,969.8 thousand units of baseball shoes are expected to be sold by specialty sports stores by 2031.

Free Valuable Insights: Global Baseball Shoes Market size to reach USD 7.1 Billion by 2031

Regional Outlook

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. In 2023, the Asia Pacific region generated 27% revenue share in the market. Baseball is gaining popularity in several Asia Pacific countries, including Japan, South Korea, Taiwan, and Australia. These countries have established professional leagues and a growing fan base, which drives demand for baseball-related gear, including shoes.  In terms of volume, the Asia Pacific region is expected to utilize 19,624.5 thousand units of baseball shoes by 2031.

Baseball Shoes Market Report Coverage
Report Attribute Details
Market size value in 2023 USD 3.8 Billion
Market size forecast in 2031 USD 7.1 Billion
Base Year 2023
Historical Period 2020 to 2022
Forecast Period 2024 to 2031
Revenue Growth Rate CAGR of 8.3% from 2024 to 2031
Quantitative Data Volume in Thousand Units, Revenue in USD Billion, and CAGR from 2020 to 2031
Number of Pages 334
Number of Tables 710
Report coverage Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives
Segments covered Age Group, Type, Distribution Channel, Region
Country scope
  • North America (US, Canada, Mexico, and Rest of North America)
  • Europe (Netherlands, Italy, Germany, Spain, France, UK, and Rest of Europe)
  • Asia Pacific (Japan, South Korea, Taiwan, Australia, China, New Zealand, and Rest of Asia Pacific)
  • LAMEA (Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA)
Companies Included Nike, Inc., Adidas AG, PUMA SE (Groupe Artémis S.A.), SKECHERS USA, Inc., New Balance Athletics, Inc., Reebok International Ltd. (Authentic Brands Group LLC), ASICS Corporation, Under Armour, Inc., Mizuno Corporation and 3N2 LLC
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List of Key Companies Profiled

  • Nike, Inc.
  • Adidas AG
  • PUMA SE (Groupe Artémis S.A.)
  • SKECHERS USA, Inc.
  • New Balance Athletics, Inc.
  • Reebok International Ltd. (Authentic Brands Group LLC)
  • ASICS Corporation
  • Under Armour, Inc.
  • Mizuno Corporation
  • 3N2 LLC

Baseball Shoes Market Report Segmentation

By Age Group (Volume, Thousand Units, USD Billion, 2020-2031)

  • Adults
  • Kids

By Type (Volume, Thousand Units, USD Billion, 2020-2031)

  • Metal Cleats
  • Molded Cleats
  • Turf Cleats
  • Interchangeable Cleats

By Distribution Channel (Volume, Thousand Units, USD Billion, 2020-2031)

  • Specialty Sports Stores
  • Brand Outlets
  • E-Commerce
  • Other Distribution Channels

By Geography (Volume, Thousand Units, USD Billion, 2020-2031)

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Netherlands
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • Japan
    • South Korea
    • Taiwan
    • Australia
    • China
    • New Zealand
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA
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