European Sporting Goods Market 2021 to 2023 Rising Demand, and Growing Industry - Adidas Group, Nike Inc. and PUMA

“European Sporting Goods Market: Size, Trends & Forecasts (2019-2023)”

The New report includes a detailed study of Global European Sporting Goods Market. It is the result of a comprehensive research carried out keeping in mind the different parameters and trends dominating the global European Sporting Goods Market.

The report also includes analysis of the market in terms of value for some of the major European countries such as Germany, France, United Kingdom and Spain. Under competitive analysis, analysis of various brands and distributors of sports goods in Germany, France and Sweden has been done respectively. Moreover, the report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall sports goods market in Europe has also been forecasted for the years 2019-2023, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

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Top Key Players in the Market: Adidas Group, Nike Inc. and PUMA

Latest News and Developments:

16 Apr 2020: The Adidas Group published its 2013 Sustainability Progress Report, an annual overview of achievements and challenges as well as a progress update on its 2015 sustainability targets. As part of the report, the Adidas Group announced that all Adidas Sport Performance footwear newly created for 2013 used sustainable components such as environmentally preferable materials.

Sporting goods consist of two types of equipment namely game and player. The game equipment is the one which is required in order to play the sport whereas the player equipment is basically the protective clothing required by the player in order to participate in the sport. Some of examples of game equipment would be clubs, cricket balls, nets etc. Protective equipments are gloves, pads, helmets etc.

The sports goods market can be segmented on the basis of type of sport and distribution channel. The market can be split on the basis of sports into team sports, outdoor sport and recreation & exercise. On the basis of distribution channel the market can be bifurcated into store based retail and online/ internet.

The report provides in-depth comprehensive analysis for regional segments that covers North America, Europe, Asia-Pacific, Middle East and Africa and Rest of World in Global Outlook Report with Market definitions, classifications, manufacturing processes, cost structures, development policies and plans.

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European sporting goods market is forecasted to grow at a healthy rate during the projected period (2019-2023). The market is supported by growth drivers such as increasing awareness of the general public regarding health and fitness, hectic work life persuading people to include sports in their daily routines and rising prevalence of obesity in the region. The market is also confronted by some challenges such as seasonal nature of the sports goods industry, counterfeit products and increasing time spent by the youth on the internet.

Growing prominence of sports goods distribution through DTC (direct to customer) channels, swelling demand for technologically advanced sports goods and rising popularity of athleisure's are some of the latest trends existing in the market.

Influence of the European Sporting Goods market report:

Comprehensive assessment of all opportunities and risk in the European Sporting Goods market.
European Sporting Goods market recent innovations and major events.
Detailed study of business strategies for growth of the European Sporting Goods market-leading players.
Conclusive study about the growth plot of European Sporting Goods market for forthcoming years.
In-depth understanding of European Sporting Goods market-particular drivers, constraints and major micro markets.
Favorable impression inside vital technological and market latest trends striking the European Sporting Goods market.  

Note: All the reports that we list have been tracking the impact of COVID-19 . Both upstream and downstream of the entire supply chain 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 for with the sales team      

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– Free country Level analysis for any 5 countries of your choice.
– Free Competitive analysis of any 5 key market players.
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