Sporting and Athletic Goods Global Market Report 2025: Projected Growth, Key Drivers and Emerging Trends

Riding the momentum of fitness trends and technological advancements, the sporting and athletic goods market gears up for a robust performance.

What Is The Projected Market Size Of The Global Sporting And Athletic Goods Market And Its Growth Rate?

• The market is set to grow from $136.47 billion in 2024 to $145.48 billion in 2025, representing a compound annual growth rate (CAGR) of 6.6%.
• Factors driving growth during this period include global sporting events, the fitness and wellness boom, growth in marketing and endorsements, urbanisation, recreational spaces, and health and fitness awareness.
• Looking further ahead, the market is expected to surge to a value of $182.57 billion in 2029, growing at a CAGR of 5.8%.
• The acceleration of growth in the forecast period is attributed to growing sustainability practices, health and wellness integration, personalisation and customisation, the growth of the athleisure market, youth sports participation, and the influence of social media.

What Is Driving The Growth In The Sporting And Athletic Goods Market?

The sporting and athletic goods manufacturing market stands to benefit from steady economic growth projected for many developed and developing countries. This growth, as stated by the International Monetary Fund (IMF), is driven by recovering commodity prices that historically, have plunged. This recovery is expected to continue in future, along with the stable growth of the US economy. Emerging markets as well are expected to grow slightly faster than the developed markets in the forecast period. Such economic growth is likely to drive public and private investments, as well as joint ventures and foreign direct investments in end-user markets, bolstering the market during the forecast period.

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Who Are the Key Players Driving Sporting And Athletic Goods Market Growth?

Key market players include:
• Nike Inc.
• Adidas AG
• Decathlon S.A.
• Russell Athletic LLC
• Anta Sports Products Limited
• Skechers USA Inc.
• Under Armour Inc.
• New Balance Athletics Inc.
• Callaway Golf Company
• Li-Ning Company Limited
• ASICS Corporation
• Columbia Sportswear Company
• Fila Holdings Korea Ltd.
• Amer Sports Corporation
• Mizuno Corporation
• The North Face Inc.
• Patagonia Inc.
• YONEX Co. Ltd.
• Skis Rossignol S.A.
• K-Swiss Inc.
• Derby Cycle Corporation

What Are The Key Trends In The Sporting And Athletic Goods Market?

Trends shaping the future of the industry include:
• Integration of smart sportswear
• Use of augmented reality (AR) in sports training
• Subscription models for sports gear
• Female-centric sportswear design
• Innovations in footwear technology

What Are The Segments Of The Global Sporting And Athletic Goods Market?

The market is segmented by:
1) By Type: Fishing Equipment, Skating and Skiing Equipment, Golf Equipment, Other Sporting Equipment
2) By Material: Plastics, Wood, Metal, Other Materials
3) By Distribution Channel: Online Stores, Specialty Stores, Convenience/Departmental Stores, Other Distribution Channels

Which Region Leads The Sporting And Athletic Goods Market?

In 2024, the largest region in the sporting and athletic goods market was Asia-Pacific, closely followed by Western Europe. Both regions, along with Eastern Europe, North America, South America, the Middle East, and Africa, contribute to the global market.

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What Is Covered In The Sporting And Athletic Goods Global Market Report 2025 Global Market Report?

- Market Size Analysis: Analyze the Sporting And Athletic Goods Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Sporting And Athletic Goods Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Sporting And Athletic Goods Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Sporting And Athletic Goods Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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