"The Report Global
Bowling Equipment Market 2017-2021 provides information on pricing,
market analysis, shares, forecast, and company profiles for key
industry participants. - MarketResearchReports.biz"
MarketResearchReports.biz
announces the addition of a new market research report to its
burgeoning market intelligence repository. The report studies the
global bowling equipment market and presents a through overview for
interested observers. The report, titled ‘Global
Bowling Equipment Market 2017-2021,’
delivers segmented analysis of the global bowling equipment market
and studied forecasts regarding the market’s growth potential from
2017 to 2021. In this period, the market is expected to exhibit a
steady 4.41% CAGR.
Bowling
is a popular sport in Western countries, which is reflected clearly
in the geographical hierarchy of the global bowling equipment market.
The Americas are the dominant regional market for bowling equipment
due to the widespread popularity of bowling as a recreational
activity. The popularity of the game has also led to the formation of
several bowling leagues and tournaments, which has further helped
advance the growth of the bowling equipment market in the region.
Within the Americas, North America is the leading contributor to the
bowling equipment market, with the U.S. emerging as the key consumer
of bowling equipment.
Europe
is another key consumer of bowling equipment, with the region leading
the EMEA bowling equipment market in terms of consumption. Like North
America, the prosperity in several European countries has allowed
consumers in the region to indulge in recreational activities such as
bowling. Due to this, the bowling equipment market is set to garner
steady revenue from North America and Europe in the coming years.
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Demographically,
the increasing interest in bowling among millennials is likely to
remain a key driver for the global bowling equipment market in the
coming years. Due to the easy availability of bowling facilities in
an increasing number of developing Asian and South American
countries, the young populations in both these regions could become
key consumers of bowling equipment in the coming years. The steady
increase in the prosperity of urban consumers is also crucial for the
global bowling equipment market and is likely to remain an important
driver in the coming years.
On
the other hand, the rising use of virtual bowling applications such
as PC and mobile games threatens to impede the growth of the bowling
equipment market. However, the authentic experience delivered by
physical bowling facilities is likely to remain the trump card
boosting the global bowling equipment market’s growth. The
inclusion of bowling centers in an increasing number of malls is also
likely to help the global bowling equipment market.
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The
report also provides a detailed data repository about the competitive
landscape of the global bowling equipment market. Key bowling
equipment manufacturers and distributors studied in the report
include Ebonite, Brunswick Bowling, US Bowling, Murrey International,
and QUBICAAMF. The projected development of the competitive landscape
of the global bowling equipment market in the coming years and its
effect on key competitors is studied in the report.
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