Press release
Sales Revenue in the Sports Equipments Market to Register a Stellar CAGR During 2021 - 2031
The global sports equipment market was valued at US$ 84 Bn in 2021, and is expected to surge at a healthy CAGR of more than 7% through 2031 to reach a market worth of US$ 168 Bn.Sports Equipment Market Segmentation:
Product
Ball Sports
Adventure Sports
Fitness Equipment
Golf Equipment
Winter Sports
Other Sports Equipment
Region
North America
The U.S.
Canada
Europe
France
Germany
The U.K.
Italy
Asia Pacific
Japan
China
India
Australia
Rest of the World (RoW)
Russia
Brazil
To remain 'ahead' of your competitors, request for a samples@https://www.persistencemarketresearch.com/samples/2794
The global sports equipment market has been witnessing considerable growth over the last few years. Increasing participation in sports activities, growing consumer awareness about health and fitness, and emergence of e-commerce are some of the key drivers impelling the growth of sports equipment market. However, increasing availability of counterfeit products and rising prices of sports equipment are restraining the growth of this market to some extent.
The global sports equipment market consists of equipment for ball sports, adventure sports, fitness, golf, winter sports, and others sports, including archery, billiards, bowling, wheel sports, pogo sticks, and indoor games. The ball sports equipment segment is expected to be the market's most lucrative during the forecast period. This segment was expected to account for approximately 1/3 share in the global sports equipment market in 2020.
Download TOC, list of figures & tables@https://www.persistencemarketresearch.com/market-research/sports-equipments-market/toc
Increasing media coverage of various global sports events such as the Olympic Games, Commonwealth Games, and FIFA World Cups encourage the youth to take part in various sports. The sports equipment industry is swiftly embracing new technologies and adapting its products in order to keep pace with rapidly changing global trends. In recent times, there is a growing trend of combining casual and athletic designs. Major sports equipment manufacturers merge sports products with leisurewear to meet the demand for fashionable sportswear.
North America holds the largest market share for sports equipment, followed by Europe and Asia Pacific. Developed markets in the U.S. and European countries dominate the sports equipment market. The U.S and Canada are the largest markets for sports equipment in North America. According to the United Nations World Tourism Organization (UNWTO), Europe, Latin America, and North America together account for approximately 70% of global adventure sports. Demand for sports equipment in the developing economies of Asia Pacific is expected to show high growth prospects during the forecast period. Countries such as Japan, China, India, and Australia are witnessing rapid economic growth, which, in turn, is further expected to drive the sports equipment market in this region. The sports equipment market is segmented on the basis of product (ball sports, adventure sports, fitness equipment, golf equipment, winter sports, and other sports equipment) and region (North America, Europe, Asia Pacific, and the Rest of the World).
The sports equipment market is fragmented with several players, including Amer Sports, Adidas AG, Callaway Golf Company, PUMA SE, Cabela's Incorporated, GLOBERIDE, Inc., MIZUNO Corporation, Nike Inc., Jarden Corporation, and YONEX Co., Ltd.
For in-depth competitive analysis, buy now@https://www.persistencemarketresearch.com/checkout/2794
Contact us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
About us:
Persistence Market Research, as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Sales Revenue in the Sports Equipments Market to Register a Stellar CAGR During 2021 - 2031 here
News-ID: 2606825 • Views: …
More Releases from Persistence Market Research
Frozen Foods Market Heats Up with Innovation and Growing Consumer Demand
Market Overview:
The frozen foods market consists of a wide range of products, including frozen fruits and vegetables, meat and seafood, ready-to-eat meals, and desserts. These products are preserved through freezing to maintain freshness and quality for an extended period.
Market Size and Growth:
The global market for frozen foods is forecasted to be of valuation US$ 281.0 Billion in the year 2022 which is expanding at a value CAGR of 5.1% and…
The Global Graphene Market's Striking Growth and Innovative Applications
Introduction
Graphene, a single layer of carbon atoms arranged in a hexagonal lattice, has gained global recognition for its extraordinary properties, such as exceptional electrical and thermal conductivity, mechanical strength, and flexibility. Since its isolation in 2004 by Andre Geim and Konstantin Novoselov, graphene has sparked considerable interest in both scientific and industrial communities. This report explores the current state of the graphene market and its potential growth opportunities.
Get Access To…
Business Opportunities in Cyber Security Mesh Market : Top Countries Data Analys …
Market Overview:
The projected global market size for cyber security mesh is expected to reach $8.8 billion by the year 2033, with an estimated valuation of $1.2 billion by 2023. This market is poised to experience a compound annual growth rate (CAGR) of 21.7% from 2023 to 2033.
The global Cyber Security Mesh market is poised for significant growth as organizations worldwide grapple with the escalating threat landscape. Cybersecurity has become an…
Synthetic Beta-Carotene Market To Boost Incredible Growth: 2033, Share Valuation …
Key market trends included a shift towards natural and plant-based ingredients, as consumers sought cleaner labels and healthier options. This drove the demand for naturally sourced beta-carotene, but synthetic beta-carotene still had its place due to its cost-effectiveness and consistency in production. The market was also influenced by regulatory changes and evolving dietary preferences, which affected the application and formulation of synthetic beta-carotene in various products.
To obtain the latest market…
More Releases for Amer
Basketball Uniform Market is Booming Worldwide | Amer Sports, ASICS, Hanesbrands
The Latest Released Basketball Uniform market study has evaluated the future growth potential of Basketball Uniform market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, emerging trends along with essential drivers, challenges,…
Golf Bags Market Revolutionary Opportunities 2030 | Amer Sports Corp.
Global Golf Bags Market: Overview
Golf bags are used by golfers for the transportation of golf clubs. This product is manufactured using various types of materials such as canvas, leather, or nylon. In addition, a golf bag has plastic or metal reinforcement and framing. A golf bag has many pockets that are used for carrying different supplies and equipment needed for golf activities. Increased popularity of golf is projected to…
Premium Shoes Market To See Stunning Growth | Nike, SKECHERS, Amer Sports
Global Premium Shoes Market Report 2019 is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The study provides information on market trends and development, drivers, capacities, technologies, and on the changing investment structure of the Global Premium Shoes Market. Some of the key players profiled in the study are Adidas Group, ASICS, New Balance, Nike,…
Soccer Sportswear Market to Witness Huge Growth | Amer Sports, ASICS, Hanesbrand …
HTF MI released a new market study on Global Soccer Sportswear Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The Research report presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. The research study provides estimates…
Exercise Bikes Market is Booming Worldwide | Amer Sports, Cybex, NordicTrack
HTF MI broadcasted a new title “Global Exercise Bikes Market Research Report 2018” with 124 pages and in-depth assessment including key market trends, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles and strategies of players such as Amer Sports, Cybex, NordicTrack, Life Fitness, Precor, FreeMotion, Body-Solid, Horizon Fitness, LifeSpan, Nautilus, ProForm, SOLE, Stamina, Star Trac, Weslo, Life Fitness & BODYCRAFT. The research study provides forecasts for Exercise…
Global Fitness Equipment Market 2018 - Brunswick, Amer, Nautilus, Torque
Apex Market Reports, recently published a detailed market research study focused on the “Fitness Equipment Market” across the global, regional and country level. The report provides 360° analysis of “Fitness Equipment Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Fitness Equipment on…
