bowling market REPORT OVERVIEW
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The global bowling market size was USD 996 million in 2021 and market is projected to touch USD 1360.4 million by 2028, exhibiting a CAGR of 4.5% during the forecast period.
A bowler rolls or tosses a bowling ball at pins or another target as part of the sport and leisure activity of bowling. The sport uses a ball as a piece of sporting equipment to strike pins. The two major components of a ball are the cover stock and weight block. The ball's cover stock, or outside shell, is thought to have the highest bearing since it comes into contact with the lane surface. Contrarily, the weight block is the essential component of the bowling ball that controls the ball's acceleration, spin, and curvature.
COVID-19 Impact: Lockdown Restrictions to Impede Market Advancements
The impact of the COVID-19 pandemic has been enormous on society. Tremendous strain on health infrastructure has put several industries under pressure. The pandemic has also made people conscious of their health. Further, it has heightened the awareness and urgency of the scientific community towards understanding COVID-19 and producing a much-needed vaccine. Before the pandemic, bowling alleys were already in a vulnerable situation. Despite the difficulties, new alleys have popped up in the midst of the pandemic, and with the vaccine already being given out, there is a glimmer of hope in the distance.
Latest Trends
"Innovation in Instruments to Attract Greater Demand"
Due to their greater hook potential, urethane bowling balls are simple to handle. They have stronger pin action and are durable. Bowling balls made of reactive resin have a larger hook potential thanks to more fiction and better pin action. Professionals use proactive balls, which have a rough surface to increase friction. Balls with symmetrical cores have less hook because they have lower flare potential. Bowlers that use drier lanes will benefit from using these kinds of balls. Conversely, balls with asymmetrical cores have a more even distribution of weight. At breakpoints, these balls respond to friction more quickly, enhancing the hook.
bowling market Segmentation
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By Type Analysis
According to type, the market can be segmented into Bowling Balls, Bowling Pins, Bowling Accessories.
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By Application Analysis
Based on application, the market can be divided into Sporting Goods Retailers, Department Stores, online.
Driving Factors
"Increasing Number of Young populations to Stimulate Growth "
The main factors influencing the worldwide millennial demographic (aged 20 to 35) and increased consumer demand for various forms of entertainment are bowling. The market is anticipated to be driven by innovation adoption. In the past several years, top ball manufacturers have innovated their goods to increase their market share. Another important factor propelling the global millennial population (those between the ages of 20 and 35) is its growth. These factors are expected to drive bowling market growth in the coming years.
"Increasing Adoption of Leisure Activities to Stimulate Demand "
The global population's level of stress has increased, and various measures are being done to reduce stress and enhance quality of life. To increase the happiness index, governments all over the world are pushing a variety of indoor and outdoor leisure activities, which is anticipated to benefit exports of equipment in the coming years. Due to the growing popularity as an indoor leisure activity in various locations, the market will expand as leisure expenditure rises.
Restraining Factors
"Higher Cost of Adoption to Dampen the Demand Slightly "
The danger posed by virtual reality is one of the major obstacles to the expansion of the world market. The bowling market is concerned about losing its 6- to 34-year-old customers. Modern virtual reality technology has also given people the chance to play real-world games at home. Virtual lanes can be built at home using the technology.
bowling market Regional Insights.
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"Rising Popularity of Games to Foster Market Development in North America"
North America holds the largest percentage of the bowling market share. The high popularity among millennials and women in this region is anticipated to drive up demand for equipment. Throughout the projection period, market expansion in the region is anticipated to be aided by the existence of important manufacturers.
Key Industry Players
"Key Players Focus on Partnerships to Gain a Competitive Advantage "
Prominent market players are making collaborative efforts by collaborating with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.
List of Market Players Profiled
- Brunswick Bowling (U.S.)
- Ebonite International (U.S.)
- Murrey International (U.K.)
- QubicaAMF (U.S.)
- US Bowling (U.S.)
- Storm Bowling (U.S.)
- Champion Sports (U.S.)
- KR Strikeforce (U.S.)
- MOTIV Bowling (U.S.)
- E. Parrella Company (U.S.)
Report Coverage
This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
REPORT COVERAGE | DETAILS |
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Market Size Value In |
US$ 996 Million in 2021 |
Market Size Value By |
US$ 1360.4 Million by 2028 |
Growth Rate |
CAGR of 4.5% from 2021 to 2028 |
Forecast Period |
2022-2028 |
Base Year |
2022 |
Historical Data Available |
Yes |
Segments Covered |
Type Analysis and Application Analysis |
Regional Scope |
Global |
Frequently Asked Questions
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What value is the global bowling market expected to touch by 2028?
The global bowling market is expected to touch USD 1360.4 million by 2028.
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What CAGR is the bowling market expected to exhibit during 2022-2028?
The bowling market is expected to exhibit a CAGR of 4.5% over 2022-2028.
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Which are the driving factors of the bowling market?
Adoption of leisure activities and increasing number of young populations to drive the bowling market.
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Which are the top companies operating in the bowling market?
- Brunswick Bowling, Ebonite International, Murrey International, QubicaAMF, US Bowling, Storm Bowling, Champion Sports, KR Strikeforce, MOTIV Bowling, E. Parrella Company are operating in the bowling market.