Sporting Goods Market Size 2022 Global Industry Insights by Global Share, Emerging Trends, Regional Analysis, Segments, Prime Players, Drivers, Growth Factor and Foreseen till 2025 with Top Growth Companies

PUNE, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Sporting Goods Market report analysis benefits to shape the competition within the businesses and policies for the competitive environment to improve the possible revenue. The report evaluates key opportunities in the market and plans the factors that are and will drive the progress of the industry. Taking into account earlier growing patterns, growth drivers, and existing and upcoming trends, we also estimate the overall development of the global Sporting Goods market during the forecast period.

The global Sporting Goods market was 60900 million US$ in 2018 and is expected to 83300 million US$ by the end of 2025, growing at a CAGR of 4.0% between 2019 and 2025.

In short, the Sporting Goods market report is helpful for industry players, investors, consultants, business strategists, researchers, and all those who is having any kind of interest or are planning to venture into the Sporting Goods market in any way.

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*Sporting Goods Market Segmentation: -*

Market segments help decision-makers direct the product, sales, and marketing strategies, and can power your product development cycles by informing how you make product offerings for different segments.

*By the product type, the market is primarily split into*

· Ball Sports
· Adventure Sports
· Golf
· Winter Sports
· Others

*By the end users/application, this report covers the following segments*

· Franchise Outlets
· Department Stores
· Specialty Sports
· Discount Stores
· On-line
· Other

*Key Stakeholders*

· Raw material suppliers
· Distributors/traders/wholesalers/suppliers
· Regulatory bodies, including government agencies and NGO
· Commercial research & development (R&D) institutions
· Importers and exporters
· Government organizations, research organizations, and consulting firms
· Trade associations and industry bodies
· End-use industries

*Summary*

Sporting equipment, also called sporting goods, has various forms depending on the sport, but it is essential to complete the sport. The equipment ranges from balls, to nets, and to protective gear like helmets. Sporting equipment can be used as protective gear or as tool used to help the athletes play the sport. Over time, sporting equipment has evolved because sports have started to require more protective gear to prevent injuries. Sporting equipment may be found in any department store.

Sporting goods market is anticipated to record noteworthy growth in the next five to six years. This is majorly attributed to increased number of health-conscious consumers, who are incorporating playing sports as a part of their daily routine. Of different segments in the overall sports industry such as sports tourism, sports apparel, sports sponsorship, sporting goods and others, sporting goods is anticipated to gain significant share in the overall sporting industry. This has led to increased competition among sporting goods manufacturers ensuring improved distribution channels, prices, quality, efficient supply chain management, in order to maintain sustainability in the market. Among different regions, North America holds largest share in terms of value and is anticipated to maintain its dominance in the near future. Growth prospects for sporting goods market are favorable in the Asia Pacific region.

The global Sporting Goods market was 60900 million US$ in 2018 and is expected to 83300 million US$ by the end of 2025, growing at a CAGR of 4.0% between 2019 and 2025.

Few other factors bolstering the sporting goods market growth include growing retail industry, increasing disposable income of consumers, government inclination and support for sport activities in many countries, rising consumer awareness for health and fitness. In addition, with increasing awareness of health and fitness through encouragement of sports by governments of various countries along with consumer inclination for sports such as ICC Cricket World Cup, Commonwealth Games, Olympics have led to increased sales of varied sporting goods worldwide. However, availability of counterfeit products along with high prices of few products might restrict the market growth. Sporting goods manufacturers are performing extensive research and development related to raw material used, such as use of carbon fiber for manufacturing sporting goods, as it offers advantages such as light-weight, high-strength and better performance of the product.

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Sporting Goods market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

*Market segment by Region/Country including: -*

· North America (United States, Canada, and Mexico)
· Europe (Germany, UK, France, Italy, Russia and Spain, etc.)
· Asia-Pacific (China, Japan, Korea, India, Australia, Southeast Asia, etc.)
· South America (Brazil, Argentina, Colombia, etc.)
· Middle East & Africa (South Africa, UAE, Saudi Arabia, etc.)

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*Key Players in the Sporting Goods Market: -*

· Nike Inc.
· Reebok
· Adidas AG
· Puma SE
· Amer Sports Corporation
· VF Corporation
· Asics Corporation
· Under Armour Inc.
· Brooks Sports Inc.
· The North Face, Inc.
· YONEX Co. Ltd.
· MIZUNO Corporation
· Skechers USA, Inc.
· Converse Inc.

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*Objective of Studies:*

•             To provide strategic profiling of key players in the market, comprehensively analysing their core competencies, and drawing a competitive landscape for the market.

•             To provide insights about factors affecting the market growth. To analyse the Sporting Goods market based on various factors- price analysis, supply chain analysis, porter five force analysis etc.

•             To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the global Sporting Goods market.

•             To provide country level analysis of the market with respect to the current Sporting Goods market size and future prospective.

•             To provide country level analysis of the market for segment by application, product type and sub-segments.

•             To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World.

•             To track and analyse competitive developments such as joint ventures, strategic alliances, new product developments, and research and developments in the global Sporting Goods market.

*Key Benefits of Sporting Goods Market Research Report:*

· Types, applications, regions, and key players covered in the study
· Industry drivers, restraints, and opportunities covered in the study
· Recent industry trends and developments
· Competitive landscape & strategies of key players
· Historical, current, and projected market size, in terms of value
· In-depth analysis of the Sporting Goods Market
· Sales, price, revenue, market share, and growth rate are covered in the report sales channels, distributors, traders, dealers, etc. are covered in the report

*Detailed TOC of Global Sporting Goods Market Report, History and Forecast 2014-2025, Breakdown Data by Manufacturers, Key Regions, Types and Application*

Table of Contents

1 Sporting Goods Market Overview
   1.1 Sporting Goods Product Overview
   1.2 Sporting Goods Market Segment by Type
       1.2.1 Ball Sports
       1.2.2 Adventure Sports
       1.2.3 Golf
       1.2.4 Winter Sports
       1.2.5 Others
   1.3 Global Sporting Goods Market Size by Type
       1.3.1 Global Sporting Goods Sales and Growth by Type
       1.3.2 Global Sporting Goods Sales and Market Share by Type (2014-2019)
       1.3.3 Global Sporting Goods Revenue and Market Share by Type (2014-2019)
       1.3.4 Global Sporting Goods Price by Type (2014-2019)

2 Global Sporting Goods Market Competition by Company
   2.1 Global Sporting Goods Sales and Market Share by Company (2014-2019)
   2.2 Global Sporting Goods Revenue and Share by Company (2014-2019)
   2.3 Global Sporting Goods Price by Company (2014-2019)
   2.4 Global Top Players Sporting Goods Manufacturing Base Distribution, Sales Area, Product Types
   2.5 Sporting Goods Market Competitive Situation and Trends
       2.5.1 Sporting Goods Market Concentration Rate
       2.5.2 Global Sporting Goods Market Share of Top 5 and Top 10 Players
       2.5.3 Mergers & Acquisitions, Expansion

3 Sporting Goods Company Profiles and Sales Data
   3.1 Nike Inc.
       3.1.1 Company Basic Information, Manufacturing Base and Competitors
       3.1.2 Sporting Goods Product Category, Application and Specification
       3.1.3 Nike Inc. Sporting Goods Sales, Revenue, Price and Gross Margin
       3.1.4 Main Business Overview
   3.2 Reebok
       3.2.1 Company Basic Information, Manufacturing Base and Competitors
       3.2.2 Sporting Goods Product Category, Application and Specification
       3.2.3 Reebok Sporting Goods Sales, Revenue, Price and Gross Margin
       3.2.4 Main Business Overview
   3.3 Adidas AG
       3.3.1 Company Basic Information, Manufacturing Base and Competitors
       3.3.2 Sporting Goods Product Category, Application and Specification
       3.3.3 Adidas AG Sporting Goods Sales, Revenue, Price and Gross Margin
       3.3.4 Main Business Overview

And More…

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