Sporting And Athletic Goods Market Insights 2022-2031 : Decathlon S.A, Amer Sports Corporation, Callaway Golf Company, Nike, Inc., Adidas AG

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The global sporting and athletic goods market report by the business research company identifies steady economic growth forecasted for many developed and developing countries to be a major growth driver for the sporting and athletic goods market. The International Monetary Fund (IMF) stated that the global GDP growth was 3.3% in 2020 and 3.4% in 2021. Recovering commodity prices, after a decline in the historic period is further expected to be a significant factor driving economic growth. The US economy is expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. Greater economic growth is likely to drive public and private investments, joint ventures, foreign direct investments in the end-user markets, thereby driving the market during forecast period.

The global sporting and athletic goods market grew from $151.12 billion in 2021 to $165 billion in 2022 at a compound annual growth rate (CAGR) of 9.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The sporting and athletic goods market is expected to grow to $220.99 billion in 2026 at a CAGR of 7.6%.

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Asia Pacific was the largest region in the sporting and athletic goods market in 2021. Western Europe was the second largest region in the sporting and athletic goods market. The regions covered in the sporting and athletic goods market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Major companies in the sporting and athletic goods market include Decathlon S.A, Amer Sports Corporation, Callaway Golf Company, Nike, Inc., Adidas AG, Puma SE, Globeride, Inc., Newell Brands Inc., YONEX Co., Ltd., and Mizuno Corporation.

The global sporting and athletic goods market is segmented -
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, Other Distribution Channels.
3) By Material: Plastics, Wood, Metal, Other Materials.

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The Sporting And Athletic Goods Market Report Contents Include
1. Executive Summary
2. Report Structure
3. Sporting And Athletic Goods Market Characteristics
4. Sporting And Athletic Goods Market Product Analysis
5. Sporting And Athletic Goods Market Supply Chain
....
20. Sporting And Athletic Goods Market Competitive Landscape
21. Key Mergers And Acquisitions In The Sporting And Athletic Goods Market
22. Market Background: General Manufacturing Market
23. Recommendations
24. Appendix

This report covers the trends and market dynamics of the Sporting And Athletic Goods market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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