Global Basketball Hoop Market Research Report 2024(Status and Outlook)

Report Overview:

 The basketball hoop is a kind of basketball equipment. It is an upright board. There are baskets and nets under it. It is made of flat and hard materials. Most backboards in NBA and NCAA official games are rectangular, but some informal games will use egg shaped or fan shaped backboards. At present, most backboards in professional competitions are made of glass or other transparent materials to avoid affecting the audience watching the game. However, some basketball hoop in professional competitions are opaque, similar to billboards on the road.

 This report provides a deep insight into the global Basketball Hoop market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porters five forces analysis, value chain analysis, etc.

Market Value:

 The Global Basketball Hoop Market Size was estimated at USD 1877.80 million in 2023 and is projected to reach USD 2574.50 million by 2029, exhibiting a CAGR of 5.40% during the forecast period.

CAGR of 5.40%

(2022 – 2029)

By Types:

•In-Ground Basketball Hoop

•Portable Basketball Hoop

•Wall Mounted Basketball

Hoops

Key players include:

• Lifetime

• Spalding

• Gared

• AALCO Athletic Equipment

• Bison

• Jinling Sports

• Schelde Sports

• First Team

• Zhejiang Kanglaibao Sporting Goods

• Shenzhen LDK Industrial

• Goalsetter