The COVID-19 pandemic and the Russia-Ukraine conflict are having a negative impact on Ball Corp.’s aluminum packaging and aerospace industries, respectively.
This report provides a detailed evaluation of Ball Market, including in-depth qualitative analysis and verifiable data from authentic sources. It also includes projections of market size, share, and growth.
Golf Balls
Golf is a sport that requires a large number of balls to play. These balls are used to help players hit the ball and achieve a perfect swing. They are also used to track the distance and speed of the ball. The market value of golf balls is growing rapidly due to the rising popularity of the game and high consumer disposable income. The growth of the market is expected to continue in the coming years.
The golf balls market is dominated by the four-piece segment, which generated a significant share of the global revenue in 2022. The market is also boosted by the growth of the two-piece segment, which is characterized by lower price and excellent durability. The golf balls market is also driven by the advancement of golf tourism and construction of new golf courses.
Various rules and regulations govern the design and performance of golf balls. These include regulations on the weight, size, spherical symmetry, initial velocity, and gross distance performance of the golf ball. Manufacturers strive to ensure that the golf balls they manufacture comply with these rules. The rules of golf are designed and interpreted by the USGA and The R&A, which are the governing bodies of the sport.
Tennis Balls
The global Tennis Balls market has been growing steadily over the past few years. This is largely due to the increase in participation in tennis, as well as advances in manufacturing technology. Additionally, the increasing popularity of professional tennis has led to a rise in demand for specialty balls.
The process of making tennis balls involves heating the rubber and forming it into two separate halves. These are then molded together to create a hollow core. The resulting ball is then covered with two types of cloth, which are bonded with adhesive and heated. This process creates a hard, durable surface that can withstand the impact of racquet swings.
Some players prefer to use foam balls, which are less expensive and have a slower bounce. These are a good option for beginners and casual players. Some players also choose to use extra-duty balls, which can last longer than standard ones. These are especially useful for those who play in high-altitude areas.
Some people have even found ways to make money from the tennis Notícias do Mercado da Bola by recycling them. Designers such as Tejo Remy and Rene VeenHuizen have used them to produce fashionable furniture, while MANIkordstudio has turned them into everything from chapstick holders to wallets and purses. However, the market for tennis balls is a challenging one. The cost of raw materials has increased, and the prices of tennis balls have risen as well. As a result, many sports retailers are struggling to cover their costs.
Fitness Balls
The growth of fitness balls industry is driven by increasing number of gyms and fitness centers and rapid development of a healthy lifestyle. The increasing bodybuilding concerns among the young adults and need for stronger core strength are also driving this market. In addition, online influence on the consumers through social media and fitness content videos by celebrities is boosting the growth of this industry.
Fitness ball is a piece of workout equipment that can be used to make exercises more challenging and for rehabilitation purposes. They are often marketed as both exercise equipment and furniture, with advertisements claiming that they improve posture and facilitate a core-strengthening workout. They are available in various diameters, and the 65 cm variant is the most popular because it is suited to most people’s heights.
During the COVID-19 lockdown period, people became highly aware of the ill effects of a sedentary lifestyle and opted to start working out at home. As a result, sales of fitness balls expanded significantly, according to the NDP Group. The growth in the demand for fitness equipment is expected to continue into the future as people will return to their regular workout routines.
The global fitness balls market is divided into two categories – commercial and household. The household segment includes fitness enthusiasts and athletes, while commercial segments include gyms and physical therapy clinics. The market is also divided by application – core strengthening, balance training and stability training.
Ceramic Balls
Ceramic balls are spherical rolling elements made of silicon, alumina, zirconia and boron. They offer higher resistance to corrosion and heat, lighter weight and less thermal expansion than steel balls. These features make them suitable for use in various end-use industries such as chemical, automotive and aerospace. The growing demand for ceramic balls in emerging markets is driving the growth of the market. Moreover, new product launches by industry players are also expected to boost the market’s growth. For instance, in July 2018, Schaeffler AG launched high-speed spindle bearings with X-life quality, equipped with ceramic balls that allow the performance of motor spindles to be enhanced further.
The market is categorized by raw material type and application. The alumina-based segment is leading the market, followed by silicon-based and zirconia-based segments. The alumina-based segment is witnessing higher growth than others due to its extensive use in end-user industries like automotive, aerospace, and chemicals. The automobile industry is focusing on finding materials that can reduce the weight of vehicles while maintaining their strength and efficiency. This is leading to an increased demand for ceramic balls, which have the appropriate traits for this industry.
The key players in the ceramic ball market include Axens, Honeywell International, Saint-Gobain, Toshiba Materials Co., Ltd, Industrial Tectonics Inc., Fineway Inc., Global Precision Ball & Roller, Metalball and Coorstek Inc. These companies are adopting different strategies, including mergers and acquisitions to strengthen their position in the market.