As per the latest report published by Fact.MR, a market research and competitive intelligence provider, the global bowling equipment market is expected to be worth US$ 943.4 million in 2022 and witness a CAGR of 4.5% from 2022 to 2032. Fact.MR is looking at the tremendous growth of market in wake of excessive demand for bowling bags, bowling shoes, bowling balls, bowling machines, and bowling pins.
New entrants in the bowling equipment market could gain prominent market shares by the integration of advanced technologies with bowling to enhance the overall gaming experience. As such, the bowling equipment market is expected to reach US$ 1.46 billion by the year 2032.
Key Takeaways from Market Study
“Rising per capita disposable income, increasing urbanization, and growing penetration of western culture are some of the key factors that are anticipated to drive the overall bowling equipment market growth over the coming years.” says a Fact.MR analyst.
Market Developments
New entrants are gaining prominence in bowling equipment market due to integration of various advanced technologies, so as to improvise on the gaming experience in entirety. Clutch bowing is one such kind of bowling, which does combine motion tracking and vibrant graphics for rendering a different bowling experience. Andrew Zwicker, a high school bowling coach, had created clutch bowling and has been installed in 25 bowling centers covering 15 countries.
The other trends constitute advanced scoring consoles, custom bowling balls, and 3-phase technologies. Manufacturers are focusing on developing these new balls as they provide enhanced friction with the bowling lane surface and hence improve performance.
Key Segments Covered in Bowling Equipment Industry Research
More Valuable Insights Available
Fact.MR, in its new offering, presents an unbiased analysis of the global bowling equipment market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.
The study reveals essential insights by type (bowling balls, bowling pins, and bowling accessories), by sales channel (sporting goods retailers, department stores, hypermarkets, supermarkets, online retail, and likewise), and by region (North America, LATAM, Europe, East Asia, South Asia & Oceania, and MEA).
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