Volleyball Market Size By Product Type (PU, PVC), By End User (Competition, Training, Recreational Activities), & Region for 2024-2031
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationVolleyball Market Size By Product Type (PU, PVC), By End User (Competition, Training, Recreational Activities), & Region for 2024-2031
Volleyball Valuation – 2024-2031
The growing popularity of volleyball as both a recreational and competitive sport contributes significantly. This trend is bolstered by increasing participation rates globally, especially among youth and women’s teams. The influence of major international tournaments and leagues, such as the Olympics, and FIVB World Championships, and professional leagues like the Italian Serie A and Brazilian Superliga, fuels interest in the sport and drives demand for volleyball equipment, apparel, and merchandise. These factors are driving the growth of market size surpassing USD 303.49 Million in 2023 to reach a valuation of USD 374.42 Million by 2031.
Advancements in sports technology, including innovative gear and equipment, further stimulate growth by enhancing player performance and safety, thereby attracting more enthusiasts to the sport. The rise of digital platforms and social media is enabling the market to grow at a CAGR of 2.66% from 2024 to 2031.
Volleyball MarketDefinition/ Overview
Volleyball is a dynamic team sport played by two teams of six players each, separated by a net. The objective is to score points by grounding the ball on the opponent’s court while preventing the ball from being grounded on one’s court. Players use their hands or any part of their body to hit the ball over the net, combining elements of power, strategy, and teamwork.
The game begins with a serve from behind the back boundary line of each team’s court. The receiving team must then pass the ball to set up an attack or return it over the net within three touches, setting up a sequence of bump, set, and spike (attack). Each rally continues until the ball hits the ground, goes out of bounds, or a fault is committed. Volleyball is known for its fast-paced nature and requires players to possess a blend of technical skills such as passing, setting, hitting, blocking, and serving, alongside tactical awareness and teamwork. The sport demands agility, speed, coordination, and strength from its participants. It is played both indoors and on beach sand, with slight variations in rules and court dimensions between indoor and beach volleyball.
Originally developed in the late 19th century in the United States as a recreational pastime, volleyball has grown into a global sport with widespread popularity. It is governed internationally by the Fédération Internationale de Volleyball (FIVB), which organizes major competitions like the Olympic Games, World Championships, and various continental championships. Volleyball’s appeal extends across all age groups and genders, fostering a strong community of players and fans worldwide who appreciate its competitive spirit and the exhilaration of its fast-paced rallies.
What's inside a
industry report?
Our reports include actionable data and forward-looking analysis that help you craft pitches, create business plans, build presentations and write proposals.
How the Increasing Participation and Major Tournaments and Leagues are Surging the Growth of the Volleyball Market?
Increasing participation and the presence of major tournaments and leagues are pivotal in driving the growth of the volleyball market on multiple fronts, contributing to its popularity, commercial viability, and global reach. Increasing participation rates play a foundational role in expanding the volleyball market. As more individuals, particularly youth and women, actively engage in playing volleyball at various levels—whether recreational, amateur, or competitive—it creates a robust base of participants. This surge in participation fosters a broader fan base and community around the sport, driving demand for volleyball equipment, apparel, accessories, and related merchandise. Manufacturers and retailers benefit from this growing consumer base, catering to diverse needs from beginners to seasoned players seeking advanced gear. Heightened participation cultivates a deeper interest in the sport, encouraging investments in coaching, training programs, and infrastructure development, which further fuels the market’s expansion.
Â
Major tournaments and professional leagues significantly amplify the visibility and appeal of volleyball globally. Events such as the Olympics, FIVB World Championships, and prestigious leagues like the Italian Serie A and Brazilian Superliga attract massive viewership and media coverage. These tournaments not only showcase top-tier competition but also serve as platforms for brands, sponsors, and stakeholders to engage with a global audience. The exposure garnered from such events enhances the marketability of volleyball products and services, driving sales and partnerships within the industry. Athletes competing at these elite levels become influential ambassadors, increasing their marketability and driving demand for endorsed products and sponsorships.
Â
Major tournaments and leagues create a ripple effect throughout the volleyball ecosystem. They inspire aspiring athletes, nurture talent pipelines, and elevate the standards of play, leading to innovations in equipment and training methodologies. The competitive environment spurred by these events fosters a culture of excellence and pushes the boundaries of performance in the sport, further stimulating market growth. Moreover, the international nature of these competitions promotes cultural exchange and fosters a sense of global community among volleyball enthusiasts worldwide.
Â
The synergy between increasing participation rates and the prominence of major tournaments and leagues not only enhances the sport’s appeal but also catalyzes its commercial growth. By nurturing a vibrant ecosystem of players, fans, sponsors, and stakeholders, these factors collectively propel the volleyball market forward, ensuring its sustained expansion and relevance in the global sports landscape.
How the Infrastructure Requirements and Economic Constraints are Hampering the Growth of the Volleyball Market?
Infrastructure requirements and economic constraints pose significant challenges that hinder the growth of the volleyball market, impacting various aspects from grassroots development to professional competition. Inadequate infrastructure presents a fundamental barrier. Volleyball, whether played indoors or on beach courts, requires specific facilities with suitable dimensions, flooring, and amenities to accommodate training, competitions, and spectator needs. The scarcity or inadequacy of such venues limits opportunities for regular practice, hosting tournaments, and expanding participation. This shortage particularly affects emerging markets or regions where investment in sports infrastructure may not be prioritized, thereby stunting the sport’s growth potential locally and globally.
Â
Economic constraints play a pivotal role in limiting the volleyball market’s expansion. Financial limitations can restrict investments across multiple fronts, including the development of youth programs, coaching initiatives, and upgrading facilities. High operational costs associated with maintaining venues, acquiring equipment, and organizing events further strain resources, especially for non-profit organizations and community clubs. This financial burden can deter potential sponsors, investors, and stakeholders from committing long-term support to volleyball initiatives, impacting sustainability and growth opportunities.
Â
Economic challenges affect accessibility and affordability for participants. High costs associated with gear, coaching fees, and travel expenses can deter individuals from lower-income backgrounds or regions with limited financial resources from fully engaging in the sport. This disparity in access not only hampers talent development but also restricts the sport’s inclusivity and diversity, limiting its appeal and potential market expansion.
Economic instability or recessions can lead to fluctuations in consumer spending and corporate sponsorships, affecting revenue streams for leagues, teams, and sporting goods manufacturers. This unpredictability makes long-term planning and investment in volleyball initiatives more challenging, hindering the sport’s ability to capitalize on growing interest and participation trends.
Â
Addressing infrastructure deficiencies and economic barriers is crucial to unlocking the volleyball market’s full potential. By investing in facilities, reducing operational costs, and promoting financial inclusivity, stakeholders can foster a supportive environment that nurtures talent, expands participation, and sustains the sport’s growth trajectory globally
Category-Wise Acumens
How Consistency and Quality Offered by PU Balls Are Escalating the Growth of PU Segment in the Volleyball Market?
The consistency and quality offered by PU (Polyurethane) balls are key factors driving the growth of the PU segment in the volleyball market. PU is favored for its exceptional properties, including wear resistance, tear resistance, elasticity, and low-temperature resistance, which collectively enhance the performance and durability of volleyball balls. These characteristics ensure that PU balls maintain their shape and integrity even under rigorous playing conditions, providing players with a reliable and consistent experience.
In competitive volleyball, where precision and reliability are paramount, PU balls offer predictable flight patterns and consistent bounce, crucial for setting, spiking, and receiving plays. This predictability allows athletes to hone their skills more effectively, leading to improved performance and gameplay. Professional leagues and tournaments prioritize these qualities, making PU balls the preferred choice for high-stakes matches where every point matters.
Â
The thermally-bonded construction of PU balls further contributes to their appeal. Thermally bonded panels ensure seamless integration and reduce the likelihood of water absorption, maintaining the ball’s weight and performance characteristics throughout extended gameplay sessions. This technology has become standard in top-level volleyball competitions, including international tournaments and major leagues, reinforcing the PU segment’s dominance in the market.
Â
The longevity of PU balls compared to other materials ensures cost-effectiveness for teams and organizations. With fewer replacements needed due to wear and tear, PU balls offer a better return on investment, making them a practical choice for both professional teams and recreational players alike. The consistency, durability, and performance-enhancing properties of PU balls are driving their increasing adoption in the volleyball market. As the sport continues to grow globally, the PU segment is poised to expand further, supported by its ability to meet the stringent demands of competitive volleyball and enhance the overall playing experience for athletes at all levels.
How the Increasing Popularity of Professional Leagues and International Tournaments Are Fostering the Growth of the Competition Segment in the Volleyball Market?
The increasing popularity of professional leagues and international tournaments is significantly fostering the growth of the competition segment in the volleyball market. These events serve as pivotal platforms that not only showcase elite-level competition but also drive the demand for high-quality equipment, apparel, and related merchandise. Professional volleyball leagues around the world, such as the Italian Serie A, Brazilian Superliga, and various leagues in Asia and Europe, attract top-tier talent from across the globe. The exposure and prestige associated with these leagues increase viewership and fan engagement, creating a robust market for volleyball-related products. Athletes competing at this level often endorse specific brands and equipment, influencing consumer preferences and driving sales within the competition segment.
International tournaments play a crucial role in expanding the volleyball market’s reach and appeal. Events like the Olympic Games, FIVB World Championships, and continental championships draw immense global attention and media coverage. These tournaments not only elevate the sport’s profile but also serve as catalysts for innovation in equipment and technology. Manufacturers often release specialized products tailored for these high-profile events, enhancing their visibility and credibility among professional athletes and consumers alike.
The growth of digital platforms and streaming services has democratized access to volleyball competitions, allowing fans worldwide to follow their favorite teams and players. This digital engagement amplifies the commercial opportunities associated with the competition segment, as brands leverage social media and online channels to connect with a global audience of volleyball enthusiasts.
The sponsorship and endorsement deals associated with professional leagues and international tournaments inject capital into the volleyball market, supporting infrastructure development, youth programs, and grassroots initiatives. This financial backing not only sustains the growth of the competition segment but also promotes inclusivity and diversity within the sport.
The increasing popularity of professional leagues and international tournaments not only drives the demand for competition-grade equipment and apparel but also enhances the overall visibility and commercialization of volleyball on a global scale. As these events continue to evolve and expand, the competition segment is poised for continued growth, supported by ongoing innovation and investment in the sport.
Gain Access to Volleyball Market Report Methodology
Country/Region Wise Acumens
What Factors Contribute to the Rapid Growth of Volleyball in the Asia-Pacific Region Compared to Other Regions?
Asia Pacific is dominating the market. Several factors contribute to the rapid growth of volleyball in the Asia-Pacific region, distinguishing it from other regions around the world. Firstly, the cultural affinity and historical significance of volleyball in countries like China, Japan, South Korea, and Thailand have cultivated a deep-rooted interest in the sport. Volleyball is often integrated into school curricula and community activities, promoting widespread participation from a young age and fostering a strong talent pipeline.
Significant investments in sports infrastructure have been pivotal. Governments and private entities have developed state-of-the-art volleyball facilities, including indoor arenas and beach volleyball courts, which not only accommodate training and competitions but also attract international events. This infrastructure development enhances accessibility and quality of play, boosting the sport’s popularity and competitiveness. The rise of professional leagues and tournaments has accelerated the sport’s growth. Countries like Japan and South Korea have established thriving professional volleyball leagues that attract top international players and coaches. These leagues provide a platform for local talent to develop and showcase their skills, while also driving spectatorship and media coverage.
Additionally, the increasing globalization and digitalization of sports have played a crucial role. Social media platforms and online streaming services have amplified the visibility of volleyball events and athletes across the Asia-Pacific region and beyond. This digital exposure has expanded the fan base and commercial opportunities, attracting sponsorships and investments in the sport. The success of Asian-Pacific teams in international competitions, such as the Olympics and FIVB World Championships, has further boosted interest and pride in volleyball. Strong performances by teams like China, Japan, and Thailand have inspired younger generations and elevated volleyball to a prominent position in the region’s sporting landscape.
How has the Development of Professional Leagues and Collegiate Programs Influenced the Growth of Volleyball in North America?
The development of professional leagues and collegiate programs has had a profound impact on the growth of volleyball in North America, contributing to its rising popularity and competitive stature in the global sports arena. Professional leagues in North America, such as the National Volleyball Association (NVA) and the Premier Volleyball League (PVL), have provided a structured platform for top-level competition. These leagues attract elite players from around the world, showcasing high-caliber matches that draw both local fans and international viewership. By offering professional opportunities for athletes post-college, these leagues create a pathway for talent development and retention, ensuring a competitive environment that elevates the sport’s profile.
Collegiate programs, particularly within the National Collegiate Athletic Association (NCAA) and the National Association of Intercollegiate Athletics (NAIA), play a crucial role in nurturing talent from a young age. Collegiate volleyball enjoys widespread popularity across North America, with universities and colleges fielding both men’s and women’s teams that compete at a high level. The NCAA Women’s Volleyball Championship, for instance, garners significant attention and serves as a platform for future Olympians and professional players to emerge.
Collegiate volleyball programs serve as a breeding ground for coaching talent, with experienced coaches guiding young athletes and imparting advanced techniques and strategies. This coaching expertise not only enhances the quality of play but also supports the development of youth and club volleyball programs nationwide.
The success of North American teams in international competitions, such as the Olympic Games and FIVB World Championships, further fuels interest and participation in volleyball. Athletes who excel in collegiate and professional leagues often go on to represent their country on the global stage, inspiring a new generation of players and fans alike.
The development of professional leagues and collegiate programs in North America has created a robust ecosystem that fosters talent, promotes spectator engagement, and solidifies volleyball’s position as a prominent sport in the region. The structured pathways from youth programs to professional leagues ensure a continuous cycle of growth and success for volleyball in North America.
Competitive Landscape
The competitive landscape of the volleyball market is characterized by a mix of global brands, regional players, and specialized manufacturers across equipment, apparel, and related merchandise. Major global brands like Mikasa, Molten, and Wilson dominate the market for volleyball balls, renowned for their quality and durability in professional and recreational settings alike. These brands invest heavily in research and development to innovate their products, catering to the evolving needs of players and leagues worldwide. In apparel and footwear, companies such as Mizuno, Asics, and Nike are prominent, offering a range of volleyball-specific gear designed for performance and comfort.
These brands leverage athlete endorsements and sponsorships to enhance visibility and credibility within the volleyball community. The market includes niche players specializing in accessories, training aids, and digital solutions aimed at enhancing player performance and fan engagement. Overall, the competitive landscape is dynamic, driven by innovation, brand reputation, and strategic partnerships with leagues, teams, and athletes globally. Some of the prominent players operating in the volleyball market include
Mikasa Sports, Molten Corporation, Wilson Sporting Goods, Mizuno Corporation, Asics Corporation, Nike, Inc., Adidas AG, Tachikara USA, Spalding, Active Ankle Systems.
Latest Developments
- In June 2022, ASICS announced the launch of its latest iteration of volleyball and indoor shoes aimed at boosting athlete performance and speed enhancement.
- In 2019, WilsonLABS announced a collaboration with AVP professionals to unveil the OPTX AVP, Wilson’s newest beach volleyball. The focus during development centered on enhancing visibility, addressing a critical challenge in beach volleyball play.
- In November 2018, Mikasa and the FIVB unveiled the ‘V200W’ indoor volleyball ball marking a joint effort between the two organizations to innovate and enhance the game.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2018-2031 |
| Growth Rate | CAGR of ~2.66% from 2024 to 2031 |
| Base Year for Valuation | 2023 |
| Historical Period | 2018-2022 |
| Forecast Period | 2024-2031 |
| Quantitative Units | Value in USD Billion |
| Report Coverage | Historical and Forecast Revenue Forecast, Historical and Forecast Volume, Growth Factors, Trends, Competitive Landscape, Key Players, Segmentation Analysis |
| Segments Covered |
|
| Regions Covered |
|
| Key Players | Mikasa Sports, Molten Corporation, Wilson Sporting Goods, Mizuno Corporation, Asics Corporation, Nike, Inc., Adidas AG, Tachikara USA, Spalding, Active Ankle Systems. |
| Customization | Report customization along with purchase available upon request |
Volleyball Market, By Category
Product Type
- PU
- PVC
End User
- Competition
- Training
- Recreational Activities
Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Research Methodology of Market Research
<a href="https//www.marketresearch.com/?attachment_id=73269" rel="attachment
Table of Content
To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )
List Tables Figures
To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )
FAQ'S
For a single, multi and corporate client license, the report will be available in PDF format. Sample report would be given you in excel format. For more questions please contact:
Within 24 to 48 hrs.
You can contact Sales team (sales@marketinsightsresearch.com) and they will direct you on email
You can order a report by selecting payment methods, which is bank wire or online payment through any Debit/Credit card, Razor pay or PayPal.
Discounts are available.
Hard Copy