Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 6.30 Billion | USD 11.58 Billion | 6.27% | 2024 |
The global basketball apparel market size was worth around USD 6.30 billion in 2024 and is predicted to grow to around USD 11.58 billion by 2034, with a compound annual growth rate (CAGR) of roughly 6.27% between 2025 and 2034.
Basketball apparel refers to the wide range of clothing and accessories often worn during basketball games. It typically includes half-length pants, jerseys, and shoes designed to be worn on the basketball court during game sessions. The jerseys are often printed with the names and assigned numbers of the athletes.
Furthermore, members of official basketball teams, either at school, college, or professional level, wear apparel of the same color and design, often associated with the brand color or logo.
During the forecast period, demand for basketball apparel is expected to continue growing. The rising popularity of basketball across generations, along with the expansion of current apparel sellers in new markets, will generate growth opportunities.
Furthermore, online sales channels are expected to push the industry revenue toward new heights. However, one of the major drawbacks for the market is the growing concern over the sale of counterfeit and poor-quality products, diluting overall revenue for the industry players.
Growing popularity of basketball among sports enthusiasts to propel market revenue
The global basketball apparel market is expected to be driven by the rising popularity of basketball among sports enthusiasts. According to official reports published by the National Basketball Association (NBA), a premier basketball league in the United States, every game played under the league in 2024 was watched by over 4 million viewers. The new statistics indicated an increase of 13% in terms of viewership in 2023. Similarly, basketball is also gaining more popularity in other parts of the world.
In January 2025, a group of investors headed by Maverick Carter and overseen by Evercore and UBS Group AG is seeking ways to raise USD 5 billion in funds to create a new global basketball league to compete with the NBA.
In August 2024, NBXL, the first USA-Middle East independent professional basketball league, announced a new partnership with Redstrike Arabia as part of a new expansion policy. NBXL plans to launch its fourth team in Saudi Arabia in the coming years.
Increased introduction of new products in the market to attract more consumers during the forecast period
Basketball apparel makers are increasingly offering new products to consumers as they find ways to keep up with the changing trends. In November 2024, the NBA unveiled the 2024-25 Nike City Edition uniforms after they debuted in the inaugural in-season competition.
The uniforms represent the history and heritage of each organization and the city they represent. The new range includes 30 Nike City Edition uniforms.
In July 2024, Nike, one of the world’s largest sports apparel companies, launched the Kobe 8 range of basketball shoes in memory of the famous basketball athlete Kobe Bryant.
According to official reports, the Nike Kobe 8 Proto Halo shoes are made to assist with responsiveness during games. Similarly, other apparel additions to the market will continue benefiting the global basketball apparel industry during the projection period.
Surge in reports of the sale of counterfeit products to limit the market expansion rate
The global industry for basketball apparel is expected to be restricted by the growing reports of sales of counterfeit products across online and offline channels.
In 2020, the global counterfeit industry was reported to be valued at over USD 1.79 billion. The rising sale of poor-grade products sold as original items can cost companies billions of dollars in losses and also impact brand reputation.
Moreover, customers get access to poor-quality apparel that fails to meet expectations after a few times of use, leading to a waste of resources and money. More strict measures are required to curb the production and sale of fake products across channels.
Emergence of online shopping places worldwide to generate growth opportunities
The global basketball apparel market is expected to generate growth opportunities due to the emergence and quick expansion of online shopping applications and websites. An increasing number of modern consumers have access to smartphones, laptops, and faster internet connectivity. These facilities promote using digital applications to place product orders without worrying about geographical boundaries.
Moreover, companies can reach larger groups of audiences using online sales mediums. For instance, in November 2023, India’s leading retail brand Bhaane announced the launch of NBAStores, an e-commerce platform for the Indian market. The company has partnered with the official National Basketball Association group to sell its products using online mediums.
Customization of basketball apparel to attract more buyers during the forecast period
Basketball apparel companies are actively offering customization options to their buyers. Apparel personalization allows brands to strengthen emotional connection with the customers and improve perceived value.
In November 2024, Basketball Ireland announced the launch of a new Nike playing kit. It is inspired by Dara Knot, a symbol of wisdom, strength, and leadership. Companies can offer color, texture, and design customization options to appeal to a broader audience.
Limited prominence of the sport worldwide to challenge the market growth trajectory
The global basketball apparel industry is projected to be challenged by the limited prominence of the sport as compared to other events such as football and cricket. Basketball is primarily played in the US and has registered limited adoption in other parts of the world. The restricted popularity of the sport can affect sales of corresponding apparel, according to research.
Report Attributes | Report Details |
---|---|
Report Name | Basketball Apparel Market |
Market Size in 2024 | USD 6.30 Billion |
Market Forecast in 2034 | USD 11.58 Billion |
Growth Rate | CAGR of 6.27% |
Number of Pages | 216 |
Key Companies Covered | Jordan Brand, Under Armour, Anta Sports, Spalding, New Balance, Reebok, Nike, Ewing Athletics, Peak Sport, Adidas, Li-Ning, Champion, Mitchell & Ness, Puma, AND1, and others. |
Segments Covered | By Product Type, By Distribution Channel, By End-User, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2024 |
Historical Year | 2019 to 2023 |
Forecast Year | 2025 - 2034 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The global basketball apparel market is segmented based on product type, distribution channel, end-user, and region.
Based on the product type, the global market segments are shoes, shorts, jerseys, and accessories. In 2024, the highest demand was listed in the shoes segment. The average cost of signature basketball shoes can range between USD 150 and USD 300, depending on the brand and its value. The Jerseys segment is anticipated to deliver considerable CAGR as demand for sports clothing items is on the rise.
Based on distribution channels, the global basketball apparel industry is divided into offline and online.
Based on the end-user, the global market divisions are casual wearers, amateur players, and professional athletes. In 2024, the highest revenue was generated by the professional athletes segment. Basketball apparel designed to be worn at official games is made using premium quality raw materials and generally costs more than apparel sold in the commercial market.
The cost of apparel worn by professional athletes may further increase in the case of customization as per player requirements. Game-worn Michael Jordan shoes, which are a part of collectibles, can cost more than USD 250,000, as per research.
North America is expected to register the highest revenue during the projection period
The global basketball apparel market will be led by North America during the forecast period. The US is expected to lead the regional market revenue due to the extreme popularity of basketball in the country.
According to official data, the US is home to around 160 million basketball fans, and the sport is ranked among the top 3 most popular sports in the country.
Moreover, the world’s largest basketball league, the NBA, originated in the US. Major sports companies such as Adidas, Nike, Under Armor, and others also originate from the US, further helping the regional market thrive.
Asia-Pacific is another prominent revenue generator in the global basketball apparel industry. The region has a high number of consumer groups witnessing changes in lifestyle. The growing popularity of basketball in India, the Philippines, Japan, China, and other countries will help the regional market flourish.
Moreover, penetration of online sales platforms, including social media channels, is expected to play a critical role in shaping the regional market.
However, the ongoing trade war between the US and China, with the latter as the major manufacturer of apparel items sold in the US, impacts trade revenue for both regions in the coming years.
The global basketball apparel market is led by players like:
By Product Type
By Distribution Channel
By End-User
By Region
FrequentlyAsked Questions
Basketball apparel refers to the wide range of clothing and accessories often worn during basketball games.
The global basketball apparel market is expected to be driven by the rising popularity of basketball among sports enthusiasts.
According to study, the global basketball apparel market size was worth around USD 6.30 billion in 2024 and is predicted to grow to around USD 11.58 billion by 2034.
The CAGR value of the basketball apparel market is expected to be around 6.27% during 2025-2034.
The global basketball apparel market will be led by North America during the forecast period.
The global basketball apparel market is led by players like Jordan Brand, Under Armour, Anta Sports, Spalding, New Balance, Reebok, Nike, Ewing Athletics, Peak Sport, Adidas, Li-Ning, Champion, Mitchell & Ness, Puma, and AND1.
The report explores crucial aspects of the basketball apparel market, including a detailed discussion of existing growth factors and restraints, while browsing future growth opportunities and challenges that impact the market.
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