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Sports Goods Market Leading Competitors, Regional Trends and Growth Trends

09-19-2022 07:57 AM CET | Sports

Press release from: Analytics Market Research

Sports Goods Market Leading Competitors, Regional Trends

Additionally, during the forecast period of 2021-2028, the development of biodegradable biliary stents and growing technological advancement in the industry are likely to generate traction in the market. For example, Innovate UK invested £1.1 million in a study in 2019 to develop biodegradable stents for patients with severe vascular disease, which affects more than one million people in the UK. The project, a partnership between the UK-based medical device company Arterius and the University of Bristol's Translational Biomedical Research Centre (TBRC), will create a new type of bioresorbable stent without the problems that metal stents can have.

Because there are so many well-established established multinational players, the global sports goods industry is very competitive. Asia-Pacific is one of the world's largest manufacturing regions for sports goods because the majority of sports goods are produced there. India was the 24th-largest exporter of sports goods globally in 2019-20, representing 0.56% of all sports goods exported globally, indicating significant room for future growth.

The growth of this market for sports equipment is also being aided by the rising popularity of regional, national, and international competitions like the Olympic Games, Cricket World Cup, and Soccer World Cup. More people are participating in outdoor and fitness activities as a result of rising rates of lifestyle-related health problems like stress and obesity, which is driving up demand for various types of sports and fitness equipment. The growing availability of well-known international brands of athletic gear also helps to drive up product demand. Sports participation by women is a significant factor that will probably spur market expansion. The BBC reports that in 2018, there were 1.55 million fewer sports participants in England between men and women.

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Global Sports Goods Market: Major Players
Bauer Performance Sports
Head NV
Mizuno
Globeride, Inc.
Callaway Golf Co.
Converse(NIKE)
Dorel Industries Inc.
Garmin Ltd.
Aldila
Icon Health & Fitness
Brunswick Corp.
Puma AG
Luxottica Group spa
Easton-Bell Sports
KAPPA
Skecher
Cybex
Kswiss
Nike
Freedom Group Inc.
Johnson Outdoors, Inc.
Derby Cycle AG
UMBRO
Jarden Corp.
Acushnet Company
Nautilus Group
Adidas

Global Sports Goods Market: Types
Sporting equipment
Athletic apparel
Athletic footwear

Global Sports Goods Market: Applications
Ball Sports Goods
Water Sports Goods
Air Sports Goods
Winter sports
Others

Global Sports Goods Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Sports Goods market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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Frequently Asked Questions About This Report
How big is the sports equipment market?
Which segment accounted for the largest sports equipment market share?
Who are the key companies/players in the sports equipment market?
What are the factors driving the sports equipment market?
What is the sports equipment market growth?

Analytics Market Research
Analytics Market Research is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.
Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.

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