Press release
Sporting And Athletic Goods Market Rising Trends, Demand and Business Scope 2020 to 2023
Sporting And Athletic Goods Market
The global sporting and athletic goods market is expected to decline from $115 billion in 2019 to $110.6 billion in 2020 at a compound annual growth rate (CAGR) of -3.8%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 7% from 2021 and reach $133.2 billion in 2023.
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Scope of the Report:
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; Others
3) By Material: Plastics; Wood; Metal; Others
Companies Mentioned: Decathlon; Callaway Golf Company; NIKE; Performance Sports Group; Russell
Metrics Covered: Number of Enterprises; Number of Employees
Countries: Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, sporting and athletic goods indicators comparison.
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Market Insights:
Asia Pacific was the largest region in the global sporting and athletic goods market, accounting for 47% of the market in 2019. Western Europe was the second largest region accounting for 22% of the global sporting and athletic goods market. Africa was the smallest region in the global sporting and athletic goods market.
Rise in demand for guards while playing has driven the market for 3D Printed Mouth guards due to its enhanced protection level while playing. Mouth guard is a device for mouth that protects the teeth and gums from injury while playing. 3D Printed Mouth guards employ 3D printing and digital scanning technology to provide each player a comfortable fit. 3D Printed Mouth guards can be personalized specifically for every player by creating a dental scan of them. It provides a better shield and optimal respiration capability during playing.
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https://www.marketinsightsreports.com/reports/05072013924/sporting-and-athletic-goods-global-market-report-2020-30-covid-19-impact-and-recovery-including-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-covering-decathlon-callaway-golf-company-nike-performance-sports-group-russell?source=openpr&Mode=07
What are the market factors that are explained in the report?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools: The Global Sporting And Athletic Goods Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
Please connect with our sales team (sales@marketinsightsreports.com ).
Note: All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check with the sales team.
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Irfan Tamboli (Head of Sales) - Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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