Market Growth : Basketball Equipment Market Globally Grow at a CAGR of 2.18% by Revenue During the Period 2017-2020
ResearchMoz presents professional and in-depth study of "Global Basketball Equipment Market 2016-2020". The basketball shoe segment is witnessing a significant prominence over all other product segments. It accounts for the largest portion of the overall sales revenue and has a dominant share in the market. This is expected to gain further traction during the forecast period as the adoption of basketball footwear is high among the global populace. Regions like North America and Europe have been displaying a strong affinity toward the adoption of the sport, which has propelled major market vendors to establish a strong market in these regions. The following exhibit is a representation of the market for basketball equipment across product segments, with respect to their CAGRs over a period from 2015 to 2020, their current revenues, and market share in 2015. Technavios analysts forecast the global basketball equipment market to grow at a CAGR of 2.18% during the period 2016-20...