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Softball Apparel Market Opportunities with Size, Share, Growth, Industry Demand and Forecast
The report further estimates that the global softball apparel market will expand at 2.3% CAGR in terms of value over the forecast period.


Fact.MR
BriefingWire.com, 6/14/2018 - Recently, a novel report developed using proven research methodologies at the headquarters of Fact. MR has identified various prominent factors and trends prompting market growth of softball apparel market. The study is titled as “Softball Apparel Market Forecast, Trend Analysis & Competition Tracking - Global Review 2017 to 2026”, which deeply analyses the global market trends, with historical data from 2017 and 2018, and projections of compound annual growth rates (CAGRs) during the mentioned forecast of 2017-2026. For the benefit of the readers, the report concludes with a special focus on the detailed profiles of the major vendors in the global softball apparel market.

Request for Sample Report- www.factmr.com/connectus/sample?flag=S&rep_id=504

According to Fact.MR’s latest report, the global softball apparel market is pegged to grow at a sluggish pace during the forecast period, 2017-2026. Key findings from the report reveal that by the end of 2026, more than US$ 270 Mn worth of softball apparels will be sold worldwide. The report further estimates that the global softball apparel market will expand at 2.3% CAGR in terms of value over the forecast period.

3 Forecast Highlights from the Report

1. The report estimates that sales of softball shirts will continue to outpace the sales of other softball apparels. In 2017, more than 46% of the global sales of softball apparels reflected the sales of softball shirts. The report also estimates that the demand for softball shirts will gain fastest traction through 2026. By the end of 2026, more than US$ 130 Mn worth of softball shirts are expected to be sold worldwide. The report also estimates that the sales of softball caps & belts will rake in a little over US$ 17 Mn in global revenues.

2. North America is poised to represent the largest market for softball apparels. The report estimates that in 2017, more than US$ 100 Mn worth of softball apparels were sold across the US and Canada. Mainstream popularity of baseball in the US will continue to drive the participation in softball events, and fuel the sales of softball apparels in the years to come.

3. In 2018 and beyond, individual buying will account for the largest chunk of global softball apparel market revenues. By the end of 2026, more than 65% of softball apparels will be sold to individual buyers across the globe. The report further estimates that institutional buying of softball apparels will bring in revenues worth over US$ 77 Mn by the end of 2026.

Individual Buying of Softball Apparel to Reflect High Value Growth through 2026

The report further projects that individual buyers will be primarily driving the sales of softball apparels across the globe. By the end of 2026, around two-thirds of softball apparels manufactured across the globe will be bought by individuals. Institutional buying of softball apparels is also pegged to gain traction, accounting for an approximate 28.3% value share on the global softball apparel market by the end of the forecast period.

View Report- www.factmr.com/report/504/softball-apparel-market

 
 
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