Bowling Equipment Market size is set to grow by USD 235.54 million from 2024-2028, Rise in number of bowling centers to boost the market growth, Technavio

NEW YORK, June 13, 2024 /PRNewswire/ -- The global bowling equipment market  size is estimated to grow by USD 235.54 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  4.62%  during the forecast period. Rise in number of bowling centers is driving market growth, with a trend towards technological advancements in bowling equipment. However, high cost of maintenance and upkeep in bowling centers  poses a challenge. Key market players include BowlGenesis, Brunswick Bowling Products LLC, Dexter Shoe Co., EPCO Manufacturing, FUNK North America, MOTIV Bowling, Moxy Bowling Products, Pyramid Bowling Inc., QubicaAMF Europe spa, Storm Products Inc., Strikeforce Bowling LLC, Turbo, and US Bowling Corp..

Get a detailed analysis on regions, market segments, customer landscape, and companies - View the snapshot of this report

Key Market Trends Fueling Growth

The global bowling equipment market has experienced significant growth due to technological innovations. Advanced lane surfaces and synthetic materials offer superior durability and playability. Scoring systems have been enhanced with touch-screen interfaces, video animation, and social media integration. Automated pinsetter and ball return systems improve operational efficiency and maintenance processes. Lighting and audiovisual technologies create captivating environments, increasing the demand for bowling equipment. Cloud-based management systems, IoT sensors, and predictive maintenance algorithms optimize equipment performance and usage patterns. 

The bowling equipment market is experiencing significant growth, with a focus on advanced technology and innovative products. Producers are introducing cutting-edge balls, such as reactive and urethane covers, to improve performance and accuracy. Ball sizes and weights are also being considered for various player abilities. The use of sensors and apps to track scores and analyze performance is becoming increasingly popular. Additionally, customizable shoes and protective gear are trending to cater to individual preferences. Overall, the market is driven by the desire for better bowling experiences and the integration of technology to enhance performance. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

• The global bowling equipment market faces challenges due to high maintenance and operational costs. Bowling centers bear substantial expenses for lane and equipment upkeep, which can strain their financial resources. These costs may lead to increased fees for consumers, potentially deterring casual players and hindering market growth. Additionally, high operational costs may limit investments in new technology and facility improvements, impacting consumer experience negatively.
• The bowling equipment market faces several challenges. Consumers seek innovative products, such as cover stocks and ball surfaces. These improvements should provide better performance and accuracy. However, manufacturing costs are a concern. The cost of raw materials and labor can impact profitability. Additionally, regulations and certifications add complexity. Brands must ensure their products meet safety and performance standards.
• Furthermore, marketing and distribution channels require attention. Reaching consumers through effective channels and pricing strategies is essential. Lastly, keeping up with technological advancements is crucial. Balancing innovation and affordability is a significant challenge for market players.

For more insights on driver and challenges - Download a Sample Report

Segment Overview 

1. Application 
• 1.1 Sporting goods retailers
• 1.2 Department stores
• 1.3 Hypermarkets and supermarkets
• 1.4 Online retail
• 1.5 Others
2. Type 
• 2.1 Bowling balls
• 2.2 Bowling pins
• 2.3 Bowling accessories
3. Geography 
• 3.1 North America
• 3.2 Europe
• 3.3 APAC
• 3.4 South America
• 3.5 Middle East and Africa

1.1 Sporting goods retailers-  The sporting goods retailers segment significantly impacts the global bowling equipment market, acting as a bridge between manufacturers and consumers. Retailers offer a wide array of bowling equipment, catering to various customer needs and preferences. They prioritize customer experience, product variety, and technology integration.

Virtual reality experiences and expert guidance enhance shopping experiences. Retailers continuously expand product offerings and leverage technology to broaden reach and improve convenience. Online platforms, secure payment options, and virtual fitting tools facilitate seamless purchases. These factors collectively boost demand for bowling equipment in the retail sector.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 - 2022)  - Download a Sample Report

Research Analysis

The bowling equipment market has experienced significant growth in recent years, fueled by urbanization and the adoption of Western leisure activities as part of a healthier and more balanced lifestyle. This global population trend has led to increased demand for advanced technologies that enhance the gaming experience, such as custom bowling balls with various cover stocks and weight blocks, scoring consoles, and pinspotters.

Bowlers of all genders seek to improve their performance and enjoyment of the sport, leading to a thriving market for bowling accessories. The target market for these products includes individuals looking to reduce stress levels and increase their happiness index through engaging in social and recreational activities. The bowling industry continues to innovate, providing bowlers with the best possible experience on the lane surface.

Market Research Overview

The Bowling Equipment Market encompasses a wide range of products used in the sport of bowling. These include balls, shoes, protective gear such as gloves and headgear, bowling bags, and other accessories like ball racks and bowling pins. Bowling balls come in various materials like plastic, urethane, and reactive resin, each offering distinct advantages in terms of performance and durability.

Shoes are designed with slip-resistant soles to ensure optimal traction on the bowling lane. Protective gear is essential to prevent injuries during play. The market for bowling equipment is driven by the growing popularity of bowling as a recreational activity and the increasing number of bowling centers worldwide. Additionally, technological advancements in the design and manufacturing of bowling equipment continue to shape the market landscape.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

• Application
• Sporting Goods Retailers
• Department Stores
• Hypermarkets And Supermarkets
• Online Retail
• Others
• Type
• Bowling Balls
• Bowling Pins
• Bowling Accessories
• Geography
• North America
• Europe
• APAC
• South America
• Middle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED