Global Sporting And Athletic Goods Market Outlook, Opportunities And Strategies
Learn about the global sporting and athletic goods market through The Business Research Company, which provides information on sporting and athletic goods market size, sporting and athletic goods market drivers and restraints, sporting and athletic goods market players, the COVID-19 impact on the sporting and athletic goods market, and more.
The global sporting and athletic goods market size is expected to grow from $151.12 billion in 2021 to $167.01 billion in 2022 at a compound annual growth rate (CAGR) of 10.5%. The sporting and athletic goods market is then expected to grow to $238.49 billion in 2026 at a CAGR of 9.3%.
The sporting and athletic goods manufacturing market is expected to benefit from steady economic growth forecasted for many developed and developing countries.
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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.
Global Sporting And Athletic Goods Market Segments Include:
By Type: Fishing Equipment, Skating and Skiing Equipment, Golf Equipment, Others
By Distribution Channel: Online Stores, Speciality Stores, Convenience/Departmental Store, Others
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 was the largest region in the sporting and athletic goods market in 2021.
Additive manufacturing is growing as an important trend as the sports goods industry has become competitive. 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.
TBRC’s sporting and athletic goods market report covers:
Major Market Players: Decathlon S.A, Amer Sports Corporation, Callaway Golf Company, Nike, Inc., Adidas AG, Puma SE, Globeride, Inc., Newell Brands Inc., YONEX Co., Ltd., and Mizuno Corporation.
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 (2016-21) and ten years forecast (2022-2026-2031)
The Sporting And Athletic Goods Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 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, leading competitor revenues, profiles and market shares.
TBRC’s 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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