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Pickleball Market: Rapid Growth & Future Trends Shaping the Game

Global Pickleball Market size was valued at USD 1.47 Bn in 2023 and Pickleball market revenue is expected to reach USD 2.91 Bn by 2030, at a CAGR of 10.2% over the forecast period.<br>

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Pickleball Market: Rapid Growth & Future Trends Shaping the Game

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  1. Pickleball Marketglobal Analysis Report 2024-2030 Published by: MANASI, Senior Research Analyst

  2. Market Size & Overview: The global pickleball market was valued at USD 1.47 billion in 2023 and is projected to reach USD 2.91 billion by 2030, growing at a CAGR of 10.2%. This growth is driven by the sport's simplicity and appeal across various age groups, particularly among Gen Z and Millennials, with 19% and 15% participation rates respectively. The increasing demand for lightweight and durable paddles also contributes to market expansion.

  3. Market Growth & Opportunities Sample Request Opportunities in the pickleball market arise from its rising popularity, leading to the construction of dedicated courts in parks, recreation centers, schools, and private clubs. The sport's social and health benefits attract both recreational players and serious athletes. Media coverage of pickleball events has further legitimized it as a competitive sport, enhancing its growth prospects.

  4. Market Segmentation by Psychographic • Recreational Players • Fitness Enthusiasts • Competitive Players • Socializers by Usage • context • Outdoor • Indoor by Type • Balls • Paddles • Apparel • Footwear by Age group • 6-17 • 18-34 • 35-54 • 55-64 • 65+ by Gender • Male • Female

  5. Regional Analysis: • North America: Dominates the pickleball market, with the United States being a leading country. The sport's origin in the U.S. has established a strong market presence, supported by numerous dedicated courts and a robust tournament circuit. • Europe: The sport is gaining traction, with the number of venues offering pickleball facilities increasing significantly. However, there is an ongoing debate regarding governance, as traditional tennis organizations express interest in overseeing pickleball activities. • Asia-Pacific (APAC): Experiencing rapid growth in pickleball participation, with countries like India, Thailand, and China seeing a surge in registered players. The sport's global spread is evident, with new countries frequently adopting pickleball.

  6. Regional Analysis Customized Report Request

  7. Merges and Acquisition Buy This Report While specific mergers and acquisitions in the pickleball market are not detailed in the provided sources, the sport's increasing popularity has attracted significant investments. Notably, Major League Pickleball, established in 2021, has drawn investors such as NBA player LeBron James, retired NFL quarterback Drew Brees, and entrepreneur Gary Vaynerchuk, indicating growing commercial interest in the sport.

  8. Thank You Get In Touch with US: MAXIMIZE MARKET RESEARCH PVT. LTD. 3rd Floor, Navale IT park Phase 2, Pune Banglore Highway, Narhe Pune, Maharashtra 411041, India. +91 9607365656 sales@maximizemarketresearch.com

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