Sporting and Athletic Goods Market: Investment Opportunities and Strategic Outlook Nike, Inc. , Adidas AG, Under Armour, Inc.

IMR has released new research reports on the Sporting and Athletic Goods Market, featuring self-defined tables and charts in an easily presentable format. The study offers insights into emerging trends, drivers, restraints, and opportunities that are shaping the market, with a focus on key market stakeholders. The growth of the Sporting and Athletic Goods market has been primarily driven by increasing global investments in research and development (R&D).

Sporting and Athletic Goods Market Size Was Valued at USD 197.9 Billion in 2023, and is Projected to Reach USD 405.6 Billion by 2032, Growing at a CAGR of 8.3% From 2024-2032.

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Some of the Top Leading Key Players:

٭ Nike, Inc. (Beaverton, Oregon, USA)
٭ Adidas AG (Herzogenaurach, Germany)
٭ Under Armour, Inc. (Baltimore, Maryland, USA)
٭ Puma SE (Herzogenaurach, Germany)
٭ Decathlon Group (Villeneuve-d'Ascq, France)
٭ ASICS Corporation (Kobe, Japan)
٭ New Balance Athletics, Inc. (Boston, Massachusetts, USA)
٭ Amer Sports Corporation (Helsinki, Finland)
٭ VF Corporation (Denver, Colorado, USA)
٭ Columbia Sportswear Company (Portland, Oregon, USA), Other Key Players

Sporting and athletic goods refer to the global industry that includes the design, production, distribution and sale of equipment, production, distribution and sales used for markets, sports, fitness and leisure activities. It includes products such as exercise equipment, ball, rack, footwear, protective equipment and athletic fabric. The market meets professionals, amateur athletes and enthusiasts in suitability in different sports. Inspired by increasing health awareness, increasing disposable income and increasing interest in active lifestyle, the market is experiencing continuous development. The emergence of technological innovation, stability trends and retail channels gives more shape to the competing landscape of this dynamic industry.

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Segmentation Analysis of the Sporting and Athletic Goods Market

By Type

▪ Fishing Equipment
▪ Staking and Skiing Equipment
▪ Golf Equipment
▪ Others

By Materials

▪ Plastics
▪ Wood
▪ Metals
▪ Others

By Distribution Channel

▪ Online Stores
▪ Specialty Stores
▪ Convenience Stores
▪ Others

Sporting and Athletic Goods Market Trend Analysis

✔ Growing Interest in Health and Fitness

✔ E-commerce Growth


Key Industry Developments in the Sporting and Athletic Goods Market:

In January 2024, Adidas and sustainable footwear company Allbirds partnered to develop a line of high-performance footwear comprised in part of bio-based materials. This satisfies the increasing market demand for environmentally friendly sporting products.

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Regional Analysis

Asia Pacific is Expected to Dominate the Market Over the Forecast period

Geographically, the distinctive analysis of consumption, revenue, market share, and growth rate of the subsequent areas:

North America (U.S., Canada, Mexico)
Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
South America (Brazil, Argentina, Rest of SA)


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Objectives of the Report

▸ To carefully analyse and forecast the size of the Sporting and Athletic Goods by value and volume.

▸ To estimate the market shares of major segments of the Sporting and Athletic Goods

▸ To showcase the development of the Sporting and Athletic Goods in different parts of the world.

▸ To analyse and study micro-markets in terms of their contributions to the Sporting and Athletic Goods, their prospects, and individual growth trends.

▸ To offer precise and useful details about factors affecting the growth of the Sporting and Athletic Goods

▸ To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Sporting and Athletic Goods, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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Sporting and Athletic Goods Study Coverage:

- It includes major manufacturers, emerging player's growth story, and major business segments of Sporting and Athletic Goods, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.

- Sporting and Athletic Goods Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.

- Sporting and Athletic Goods Production by Region Sporting and Athletic Goods Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.

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