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Youth Sports Market | Share, Trends,Growth, Size, Demand, Sales, Competitive Landscape And Regional Outlook With Global Industry Forecast To 2030

03-13-2023 02:41 PM CET | Sports

Press release from: Markets N Research

Youth Sports Market | Share, Trends,Growth, Size, Demand,

The global youth sports market size was valued at USD 37.5 billion in 2022. The market is projected to grow from USD 37.5 billion in 2022 to USD 69.4 billion by 2030, exhibiting a CAGR of 9.20% during the forecast period.

The youth have begun to focus on their well-being as the prevalence of lifestyle diseases such as obesity, stroke, type 2 diabetes, heart disease, and atherosclerosis has increased. As a result, the number of gyms and fitness centers is increasing, which is increasing sales of sports and fitness equipment in the country. Social media is another driving force in the market's expansion. Youth sports and fitness product manufacturers communicate directly with the audience via social media channels such as Facebook, Instagram, and Twitter. Furthermore, the youth market is increasingly being driven by advances in manufacturing technologies, with domestic and international brands offering a wide range of advanced equipment. Smart tennis racquets, speed training equipment, motorized treadmills, and fitness bands are available.

๐†๐ž๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ @

๐‘๐„๐’๐“๐‘๐€๐ˆ๐๐ˆ๐๐† ๐…๐€๐‚๐“๐Ž๐‘๐’

๐‘๐ข๐ฌ๐ข๐ง๐  ๐๐จ๐ฉ๐ฎ๐ฅ๐š๐ซ๐ข๐ญ๐ฒ ๐จ๐Ÿ ๐„-๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐š๐ง๐ ๐Œ๐จ๐›๐ข๐ฅ๐ž ๐•๐ข๐๐ž๐จ ๐†๐š๐ฆ๐ž๐ฌ ๐ญ๐จ ๐‹๐ข๐ฆ๐ข๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก

The growing popularity of traditional e-sports and mobile video games which have a negative impact growth of the global youth sports market. These competitions are held in sizable arenas worldwide, including in Sweden, India, China, and the U.K. Such competitions are sponsored by technology pioneers like Intel, Micro-Star INTL (MSI), and Logitech. For instance, Valve annually hosts the International, an e-sports competition for the Dota 2 game. Since 2011, the competition has been planned. Intel Extreme Masters' Global Offensive Major Championship is now taking place. In 2019, it offered a $1,000,000 prize pool. E-sports also provide various entertainment options, including live-action, cartoon, and documentary films centered on the industry. During the anticipated period, these factors are anticipated to constrain market expansion.


โ€ข ๐๐ฒ ๐“๐ฒ๐ฉ๐ž

Based on type, the youth sports market is segmented into soccer, basketball, baseball, football, volleyball and other sports. The football category dominated the market in 2022. The standard football scoring system is a widely accepted baseline of statistic/point-value pairs meant to promote balance across the various fantasy positions. Football has become more and more popular as a result of its wide appeal, its extremely addictive qualities, and how simple it is to find out information on a manager's team. Because of this, football is the most popular category of youth sports worldwide.

โ€ข ๐๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง

Based on application, the youth sports market is segmented into sports video, match and others. The match category dominated the market in 2022. A video game resembling sports practice is called a sports video game. Most sports, including team sports, combat sports, extreme sports, and track and field, have been reenacted in video games. Playing the sport is emphasized in some games (like FIFA, Pro Evolution Soccer, and Madden NFL), whereas sport management and strategy are emphasized in others (such as Football Manager and Out of the Park Baseball). Several game series include the names and traits of actual teams and players, which are updated yearly to account for developments in the real world. One of the first game genres is the sports category.

๐‘๐ž๐š๐ ๐‚๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ ๐จ๐Ÿ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ @

๐‹๐ˆ๐’๐“ ๐Ž๐… ๐Š๐„๐˜ ๐‚๐Ž๐Œ๐๐€๐๐ˆ๐„๐’ ๐๐‘๐Ž๐…๐ˆ๐‹๐„๐ƒ:

โ€ข Billabong International Limited
โ€ข Kingswood Leisure Services
โ€ข The Forzani Group Limited
โ€ข Puma E.C.
โ€ข Nike Inc.
โ€ข Callaway Golf Co.
โ€ข Daiwa Seiko Corp.
โ€ข Yonex Co. Limited.
โ€ข Dunlop Sports Group Americas Inc.
โ€ข Sports Direct International PLC
โ€ข Premier Ports Services
โ€ข Ningbo Supermax Sports and Leisure Equipment Co. Ltd.
โ€ข Cabelaรขs Inc.

๐‘๐ž๐š๐ ๐Œ๐จ๐ซ๐ž ๐๐ž๐ฐ๐ฌ :

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