Inflatable Ball Market Report Overview
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The global inflatable ball market size was USD 3778.9 million in 2021 and is projected to touch USD 6300 million by 2031, exhibiting a CAGR of 5.2% during the forecast period.
A ball that can be inflated with a gas, typically air, but also hydrogen, helium, or nitrogen, is said to be inflatable. Since inflatables rely on the presence of a gas to maintain their size and shape, one of its many benefits is that they may be stored compactly when not inflated. An inflatable flexible filled with both air and a gas—such as helium, hydrogen, nitrous oxide, or oxygen—is called a ball. While some early balls were fashioned from dried animal bladders, modern balls can be made from materials like latex rubber, polychloroprene, or a nylon fabric..
COVID-19 Impact: Indefinite Production and Supply Due to Disturbed Economies of Scale
The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden spike in CAGR is attributable to demand returning to pre-pandemic levels once the pandemic is over.
The COVID-19 is causing severe harm to the consumer goods and equipment industry. The supplier chain is among the most significant components of the hand dryer market's value chain. Furthermore, once the enormity of the situation became clear, the majority of firms closed down even the public arenas and sport activities came to halt which utilized inflatable balls. As a result, demands for inflatable ball equipment fell precipitously. However, after the pandemic, it is expected that public areas would start utilizing the product. Furthermore, it is expected that a surge in health consciousness would drive inflatable ball market growth throughout the research time-frame.
LATEST TRENDS
"The Most Trending Water Ball and Exercise Ball to Propel the Market"
A person can walk across the surface of a body of water inside a big inflatable sphere known as a water ball. Polyvinyl chloride (PVC) that is 0.8–1.0 mm thick is used to make a lot of water balloons. The ideal material to use in chilly conditions or on snow is thermoplastic polyurethane (TPU). Some water balloons are created using a PVC-TPU mixture. 100% TPU is used in more priced balls. Usually created in China, balls are available in a range of sizes. With a reliable air pump, a standard water ball may be inflated in under a minute, weighs 15 kg when flat, and can be stored flat. Some types can be printed on, and some additionally include hand grips on the inside or outside.
An air-filled ball made of soft elastic is known as an exercise ball. Exercise, physical rehabilitation, and athletic training are where it is most frequently employed. Additionally, it can be utilized for weight training. Exercise, physical rehabilitation, and athletic training are where it is most frequently employed. Additionally, it can be utilized for weight training. The ball is also referred to by a number of other names, including balancing ball, birth ball, fitness ball, gym ball, body ball, gymnastic ball, physio ball, pilates ball, stability ball, Swedish ball, Swiss ball, Pezzi ball, therapy ball, or yoga ball. A "birth ball" is a big plastic ball that can be used during labour to help the foetal head fall into the pelvis.
Inflatable Ball Market Segmentation
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- By Type
Based on type; the inflatable ball market is divided into soccer balls, American footballs, volleyballs, basketballs and others.
- By Sale
Based on the sale; the inflatable ball market is divided into direct sale, distribution and others.
DRIVING FACTORS
"Growing Popularity and Affordable Prices to Bolster the Demand"
The global inflatable ball market is being driven by the fluttering toys' rising appeal among kids and parents due to their adaptable design, simplicity of installation, and attractiveness. An additional factor driving the market expansion is the increased amount of money that parents are spending on new, appealing toys for their kids to keep them entertained at home. As they are practical and ideal for smaller spaces, inflatable toys are gaining enormous popularity among parents. In addition, compared to a regular ball, inflatable toys are more cheap.
"Rising Prevalence of Inflated Balls in Sports and Entertainment to Attract the Market Share"
Because kids adore playing with these toys and because parents are investing in buying inflatable houses to give their kids amusement at home, basketball-themed inflatable castles and slides are becoming more common at schools, kindergartens, and parks. The market for inflatable balls is driven by all of these factors. Due to the availability of a variety of products in one location, customers can benefit from a one-stop shopping experience at some speciality stores, which typically have trained employees to assist clients in finding the proper product.
RESTRAINING FACTORS
"The Counterfeit Products to Hold Back the Market Growth"
In addition to being inferior, inflatable balls that are counterfeit or knockoffs are also prohibited. In the long term, knockoffs' initial lower cost ends up costing much more. However, the counterfeit products can hamper the inflatable ball market share.
Inflatable Ball Market Regional Insights
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"European Region to Lead the Market with Volume Production and Active Participation"
European region accounted for the largest share of global market revenue of almost a quarter share of the total worlds production.The increased importance placed on maintaining fitness in public areas is leading to a rise in the use of inflatable ball market share. Furthermore, the inflatable ball industry, the balls are used in sport events such as football- most liked sport globally, basketball, volleyball and others. This is significantly contributing to the inflatable ball market growth.
KEY INDUSTRY PLAYERS
"Prominent Industry Players in the Industry to Promote Market Expansion"
The market's expansion was significantly impacted by the techniques employed by market participants in recent years, such as extensions. The report covers details and information about the firms and their interactions with the market. The data is gathered and published through appropriate research, technological advancements, expansions, and expanding machinery and equipment. Other considerations taken into account for this market are the businesses that develop and provide new products, the geographic areas in which they function, mechanization, innovation strategies, generating the maximum revenue, and using their products to make a significant difference.
List of Market Players Profiled
- Adidas (Germany)
- Nike (U.S.A)
- STAR (Switzerland)
- Spalding (U.S.A)
- Wilson (U.S.A)
- Molten (U.S.A)
- Decathlon (France)
- Under Armour (U.S.A)
- Rawlings (U.S.A)
- PUMA (Germany).
REPORT COVERAGE
This report covers a comprehensive backdrop analysis, an assessment of the parent market, intensive study in the market dynamics. Past historical, current, and projected size of the market from the point of both value and volume. Researching of recent industry developments, deep study on market shares and strategies of major players and the emerging niche segments and regional market areas are covered in the report.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 3778.9 Million in 2021 |
Market Size Value By |
US$ 6300 Million by 2031 |
Growth Rate |
CAGR of 5.2% from 2021 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Types & Sale |
Frequently Asked Questions
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What value is the global inflatable ball market expected to touch by 2031?
The global inflatable ball market is projected to touch USD 6300 million by 2031.
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What CAGR is the inflatable ball market expected to exhibit by 2031?
The inflatable ball market is expected to exhibit a CAGR of 5.2% by the forecasted year 2031.
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What are the driving factors of the inflatable ball market?
Growing popularity, affordable prices and the increasing prevalence in sports and entertainment are the driving factors of inflatable ball market.
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Which are the top companies operating in the inflatable ball market?
Adidas, Nike, STAR, Spalding, Wilson, Molten, Decathlon, Under Armour, LOTTO, Rawlings, SELECT, PUMA, MIKASA, Lining, UMBRO, Canterbury, Baden, Gilbert, DIADORA, Peak are the top companies operating in the inflatable ball market.