Press release
Geometric Progression To Be The Epicenter Of Sports Equipments Market
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.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.
To remain ‘ahead’ of your competitors, request for a samples@https://www.persistencemarketresearch.com/samples/2794
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.
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).
Download in-depth Table Of Content@https://www.persistencemarketresearch.com/market-research/sports-equipments-market/toc
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.
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
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 Geometric Progression To Be The Epicenter Of Sports Equipments Market here
News-ID: 2496780 • Views: …
More Releases from Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market
The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to…
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market
The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in…
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market
The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According…
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market
The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained…
More Releases for Amer
Amer Sheikh, CPA Launches Affordable Accounting & Bookkeeping Services in Missis …
Mississauga, ON - Amer Sheikh, CPA, a trusted name in financial services, is excited to announce the launch of affordable accounting and bookkeeping services tailored for small businesses in Mississauga. This new offering aims to provide comprehensive financial management solutions that are both cost-effective and professional, helping local businesses streamline their finances and focus on growth.
https://amersheikh.com/accounting-and-bookkeeping/mississauga/
"Our goal is to make high-quality accounting services accessible to small businesses without compromising on…
Ski Supplies Market | Adidas, Amer Sports, Bogner, Columbia
The global ski supplies market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the ski supplies market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth of the…
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,…
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…
