Basketball Gear Market Size To Reach $1.19 Billion By 2030

Basketball Gear Market Growth & Trends

The global basketball gear market size is estimated to reach USD 1.19 billion in 2030 and is anticipated to expand at a CAGR of 4.8% from 2025 to 2030, according to a new report by Grand View Research, Inc. The global market is projected to witness remarkable growth, driven by increasing participation in basketball across various regions and rising consumer interest in sports-related products. Furthermore, the growing popularity of basketball as both a recreational and professional sport, coupled with advancements in product innovation, is further driving the market growth.

With basketball's immense popularity as a recreational sport, especially in schools, colleges, and local communities, the demand for basketball gear is consistently high. Furthermore, the growing number of professional leagues and tournaments globally is increasing the need for high-performance basketballs and basketball gear, adhering to strict international standards set by organizations like the NBA and FIBA.

Furthermore, the rising trend of home sports setups further fuels market growth. Due to lifestyle changes and pandemic-driven behavior, at-home fitness and sports are becoming increasingly popular, and more consumers are purchasing hoops and backboards for personal use. Portable and adjustable hoop systems that can be set up in driveways or backyards are in high demand, as they offer flexibility for recreational play at home.

North America dominated the market with a revenue share of over 41.58% in 2024. Major countries such as the U.S. and Canada significantly contributed to the market growth in North America. Increasing customer spending on sports equipment, rising health awareness, and mounting obesity mainly drive the regional market. Major players in the market are anticipated to observe an increasing demand for basketball gear in the near future due to the rising popularity of basketball across the world. Companies are introducing new and superior-quality equipment with varied product portfolios. Moreover, companies are focusing on improving the distribution channels, particularly the online channel, to increase productivity in the market.

The market is characterized by intense competition, with both established brands and emerging players vying for market share. Leading companies in the market include Rawlings Sporting Goods Company, Inc., Wilson Sporting Goods, Nike, Inc., Dick's Sporting Goods, Inc., and BSN Sports, among others, all of which offer a wide range of basketball gear and accessories. These companies are focusing on product innovation, durability, and performance to meet the evolving needs of consumers. In addition, partnerships with professional leagues and teams help enhance brand visibility and drive sales.

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Basketball Gear Market Report Highlights

• Europe market is expected to grow with a CAGR of 4.9% from 2025 to 2030. In Europe, basketball is gaining popularity as a competitive and recreational sport. Countries such as Spain, Greece, and France have a strong basketball culture, with professional leagues and youth tournaments driving the demand for basketball gear

• The basketball hoops & backboards market is expected to grow with a CAGR of 4.7% from 2025 to 2030. The increased construction of sports facilities and recreational areas, along with the trend of installing home basketball courts, is driving the demand for hoops and backboards

• Sales through offline channels are expected to grow at a CAGR of 4.7% from 2025 to 2030. Despite the surge in online sales, offline distribution channels remain a crucial market component, including specialty sports stores, hypermarkets, and physical retail outlets. These stores allow consumers to physically inspect and try out products, ensuring a proper fit and performance

Basketball Gear Market Segmentation

Grand View Research has segmented the global basketball gear market based on product, distribution channel, and region:

Basketball Gear Product Outlook (Revenue, USD Million, 2018 - 2030)

• Basketballs

• Hoops & Backboards

• Accessories

Basketball Gear Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Offline

• Online

Basketball Gear Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • Greece

  • UK

  • France

  • Italy

  • Spain

• Asia Pacific

  • China

  • India

  • Japan

  • Australia & New Zealand

  • South Korea

• Central & South America

  • Brazil

• Middle East & Africa

  • South Africa

List of Key Players in the Basketball Gear Market

• Wilson Sporting Goods

• Rawlings Sporting Goods Company, Inc.

• Anthem Sports

• Nivia

• Dick’s Sporting Goods, Inc.

• Target Brands, Inc.

• SCHEELS SPORTS

• Spalding Sports Worldwide, Inc.

• Under Armour, Inc.

• BSN Sports

• Spalding Sports Worldwide, Inc.