Basketball goods market size in Japan 2015-2024
The shipment value of basketball equipment in Japan was forecasted to reach around 25.66 billion Japanese yen in 2024. Figures peaked in 2017 at close to 25.8 billion yen after a steady increase in prior years, but have slumped down to around 20.4 billion yen in 2020 due to the social distancing measures following the COVID-19 pandemic restricting most sportive activities. Recent numbers, however, indicate a recovery from this exceptional situation.
The basketball gear segment made up around 1.5 percent of the entire domestic sporting goods market share in 2023.