Sporting And Athletic Goods Global Market to Reach $238.49 Billion by 2026 - ResearchAndMarkets.com

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.

Metadata
Provider: 
Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Thursday, August 4, 2022
Information
Tags: 
Other Sports, Retail, Specialty, Sports, Skating, Industry, 3D, Growth, Plastic, Wood, IMF, Asia-Pacific, Market share, Bauer Hockey, Clothing, Lists of countries and territories, Dominican Republic and the International Monetary Fund and the World Bank, Skiing, Material, GuardLab, Golf, International Monetary Fund, Organization, GDP, Sport, Sports equipment
Geotags: 
ASIA, NORTH AMERICA, AFRICA, MIDDLE EAST, SOUTH AMERICA
Summary
Key Points: 
  • 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 main types of sporting and athletic goods are fishing equipment, skating and skiing equipment, golf equipment and other sporting equipment.
  • Western Europe was the second largest region in the sporting and athletic goods market.
  • The sporting and athletic goods manufacturing market is expected to benefit from steady economic growth forecasted for many developed and developing countries.


The "Sporting And Athletic Goods Global Market Report 2022, By Type, By Distribution Channel, By Material" report has been added to ResearchAndMarkets.com's offering.

The global sporting and athletic goods market 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 market is expected to grow to $238.49 billion in 2026 at a compound annual growth rate (CAGR) of 9.3%.

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 main types of sporting and athletic goods are fishing equipment, skating and skiing equipment, golf equipment and other sporting equipment. Fishing equipment refers to any dredge, tool, net, line, instrument, device, gear, harpoon, spear, hook, or hook and line used in the catching of fish for sport and recreation activities. The various materials include plastics, wood, metal, others and is distributed through online stores, speciality stores, convenience/departmental store and others.

Asia Pacific was the largest region in the sporting and athletic goods market in 2021. Western Europe was the second largest region in the sporting and athletic goods market. The regions covered in the sporting and athletic goods market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The sporting and athletic goods manufacturing market is expected to benefit from steady economic growth forecasted for many developed and developing countries. The International Monetary Fund (IMF) stated that the global GDP growth was 3.3% in 2020 and 3.4% in 2021. Recovering commodity prices, after a decline in the historic period is further expected to be a significant factor driving economic growth. The US economy is expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. Greater economic growth is likely to drive public and private investments, joint ventures, foreign direct investments in the end-user markets, thereby driving the market during forecast period.

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. Therefore, a manufacturer can produce a specific design depending upon the individual's prototype. In September 2019, GuardLab , a New York-based sports technology brand partnered with Bauer Hockey, an athletic equipment manufacturer to launch personalized 3D printed mouthguards.

Scope

Markets Covered:

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; Other Distribution Channels

3) By Material: Plastics; Wood; Metal; Other Materials

Key Topics Covered:

1. Executive Summary

2. Report Structure

3. Sporting And Athletic Goods Market Characteristics

4. Sporting And Athletic Goods Market Product Analysis

5. Sporting And Athletic Goods Market Supply Chain

6. Sporting And Athletic Goods Market Customer Information

7. Sporting And Athletic Goods Market Trends And Strategies

8. Impact Of COVID-19 On Sporting And Athletic Goods

9. Sporting And Athletic Goods Market Size And Growth

10. Sporting And Athletic Goods Market Regional Analysis

11. Sporting And Athletic Goods Market Segmentation

12. Sporting And Athletic Goods Market Metrics

13. Asia-Pacific Sporting And Athletic Goods Market

14. Western Europe Sporting And Athletic Goods Market

15. Eastern Europe Sporting And Athletic Goods Market

16. North America Sporting And Athletic Goods Market

17. South America Sporting And Athletic Goods Market

18. Middle East Sporting And Athletic Goods Market

19. Africa Sporting And Athletic Goods Market

20. Sporting And Athletic Goods Market Competitive Landscape

21. Key Mergers And Acquisitions In The Sporting And Athletic Goods Market

22. Market Background: General Manufacturing Market

23. Recommendations

24. Appendix

25. Copyright And Disclaimer

Companies Mentioned

  • Decathlon S.A
  • Amer Sports Corporation
  • Callaway Golf Company
  • Nike, Inc.
  • Adidas AG
  • Puma SE, Globeride, Inc.
  • Newell Brands Inc.
  • YONEX Co., Ltd.
  • Mizuno Corporation

For more information about this report visit https://www.researchandmarkets.com/r/r6nkkt

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