The Global Sporting And Athletic Goods Market Report by The Business Research Company covers sporting and athletic goods market drivers and restraints, sporting and athletic goods market size, major players, and the impact of COVID-19 on the sporting and athletic goods market.
The sporting and athletic goods market consists of sales of sporting and athletic goods by entities (organizations, sole traders and partnerships) that produce sporting and athletic goods, except clothing and footwear. The sporting and athletic goods market is segmented into fishing equipment, skating and skiing equipment, golf equipment and other sporting equipment.
The sporting and athletic goods manufacturing market is expected to benefit from steady economic growth forecasted for many developed and developing countries.
The global sporting and athletic goods market is expected to grow from $96.21 billion in 2020 to $110.33 billion in 2021 at a compound annual growth rate (CAGR) of 14.7%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $142.84 billion in 2025 at a CAGR of 7%.
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Some sporting and athletic goods market trends include additive manufacturing. Additive manufacturing involves building three dimensional objects using digital models by successively adding multiple layers of material. The sports goods industry has fast-changing customer demands and requirements in product performance. Additive manufacturing enables the manufacturer to fulfil those demands by providing an efficient approach to rapid prototyping. Therefore, a manufacturer can produce a specific design depending upon the individual’s prototype.
Global sporting and athletic goods market segments include:
1) By Type: Fishing Equipment, Skating And Skiing Equipment, Golf Equipment, Other Sporting Equipment.
2) By Distribution Channel: Online Stores, Speciality Stores, Convenience/Departmental Store, Others.
3) By Material: Plastics, Wood, Metal, Others.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific accounts for the largest global sporting and athletic goods market share.
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The Sporting And Athletic Goods Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides sporting and athletic goods market overviews, analyzes and forecasts market size, share, sporting and athletic goods market players, sporting and athletic goods market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The sporting and athletic goods market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Sporting And Athletic Goods Global Market Report 2021: COVID-19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Decathlon, Callaway Golf Company, NIKE, Performance Sports Group, Russell.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Sporting And Athletic Goods Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Sporting And Athletic Goods Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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