Press release
Sports Equipment Market to Exceed A Value of US$81,821.0 Million Globally, in 2020
The global sports equipment market is witnessing a considerable growth over the last few years. Increasing participation in sports activities, growing consumer awareness about health and fitness, and emergence of e-commerce are some of the key drivers impelling the growth of sports equipment market. However, increasing availability of counterfeit products and rising prices of sports equipment are restraining the growth of this market to some extent. The global sports equipment market consists of equipment for ball sports, adventure sports, fitness, golf, winter sports, and others sports, including archery, billiards, bowling, wheel sports, pogo sticks, and indoor games.
View and Download TOC of Sports Equipments Market Research Report@ https://www.persistencemarketresearch.com/market-research/sports-equipments-market/toc
The ball sports equipment segment is expected to be the market’s most lucrative during the forecast period. This segment is expected to account for approximately 26.6% share in the global sports equipment market in 2020. Increasing media coverage of various global sports events such as the Olympic Games, Commonwealth Games, and FIFA World Cups encourage the youth to take part in various sports. The sports equipment industry is swiftly embracing new technologies and adapting its products in order to keep pace with rapidly changing global trends. In recent times, there is a growing trend of combining casual and athletic designs. Major sports equipment manufacturers merge sports products with leisurewear to meet the demand for fashionable sportswear.
North America holds the largest market share for sports equipment, followed by Europe and Asia Pacific. Developed markets in the U.S. and European countries dominate the sports equipment market. The U.S and Canada are the largest markets for sports equipment in North America. According to the United Nations World Tourism Organization (UNWTO), in 2010, Europe, Latin America, and North America together accounted for approximately 70% of the global adventure sports segment. Demand for sports equipment in the developing economies of Asia Pacific is expected to show high growth prospects during the forecast period. Countries such as Japan, China, India, and Australia are witnessing rapid economic growth, which, in turn, is further expected to drive the sports equipment market in this region.
The sports equipment market is segmented on the basis of product (ball sports, adventure sports, fitness equipment, golf equipment, winter sports, and other sports equipment) and region (North America, Europe, Asia Pacific, and Rest of the World). In terms of revenue, the global market for sports equipment grew from USD 61,778.7 million in 2010 to USD 66,528.8 million in 2013. It is expected to grow to USD 81,821.0 million in 2020 expanding at a CAGR of 3.0%. Ball sports hold the largest share in the sports equipment market. This segment is projected to increase from USD 17,592.6 million in 2014 to USD 21,778.6 million in 2020, at a CAGR of 3.6%.
Request and Download Sample Report@ https://www.persistencemarketresearch.com/samples/2794
The sports equipment market is fragmented with several players, including Amer Sports, Adidas AG, Callaway Golf Company, PUMA SE, Cabela’s Incorporated, GLOBERIDE, Inc., MIZUNO Corporation, Nike Inc., Jarden Corporation, and YONEX Co., Ltd.
Buy Full Sports Equipments Market Report@ https://www.persistencemarketresearch.com/checkout/2794
About Us
Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.
PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.
Contact
Persistence Market Research Pvt. Ltd
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
media@persistencemarketresearch.com
Web:www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Sports Equipment Market to Exceed A Value of US$81,821.0 Million Globally, in 2020 here
News-ID: 762338 • Views: …
More Releases from Persistence Market Research
Automatic Fire Sprinkler System Market, Advancements, Safety Innovations, and Gl …
Market Overview
The global automatic fire sprinkler system market is projected to grow steadily from a valuation of US$ 3.7 billion in 2025 to US$ 5.4 billion by 2032, representing a CAGR of 5.6% during the forecast period from 2025 to 2032. This growth is primarily driven by an increasing demand for fire protection solutions across commercial, healthcare, and industrial facilities. Rising urbanization, expansion of high-rise buildings, and the development of…
PCB Laser Machine Market Set to Reach US$13.7 Billion by 2032, Says Persistence …
Market Overview
The global PCB laser machine market has witnessed significant expansion over the past decade, driven by the surging demand for precision-driven electronics manufacturing. In 2025, the market is expected to be valued at approximately US$6.8 billion, with projections indicating it will reach US$13.7 billion by 2032, registering a robust CAGR of 10.5% during the forecast period from 2025 to 2032. The consistent growth can be attributed to the increasing…
Glass Processing Equipment Market Poised to Grow at 5.5% CAGR by 2032, Says Pers …
Market Overview
The global glass processing equipment market is set to witness robust growth over the forecast period, with an estimated valuation of US$8.3 billion in 2025, projected to reach US$12.1 billion by 2032, registering a CAGR of 5.5%. Growth is fueled by increasing demand from the construction and automotive sectors, advancements in glass manufacturing technologies, and the rising adoption of energy-efficient and high-performance glass products. Precision processing equipment, including cutting,…
Laser Cutting Machine Market Poised for 5.7% CAGR Growth Through 2032, Says Pers …
Market Overview
The global laser cutting machine market is poised for robust growth over the forecast period, with a projected valuation of US$7.0 billion in 2025 and an estimated increase to US$10.3 billion by 2032, reflecting a CAGR of 5.7%. This growth trajectory is primarily driven by technological advancements in fiber and solid-state lasers, the rising adoption of automation and Industry 4.0, and expanding applications across key industrial verticals such as…
More Releases for Sports
Sports Tourism Market Future Business Opportunities 2024-2031 |Victory Sports To …
Latest Report, titled "Sports Tourism Market" Trends, Share, Size, Growth, Opportunity and Forecast 2024-2031, by Coherent Market Insights offers a comprehensive analysis of the industry, which comprises insights on the market analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The report features a comprehensive table of contents, figures, tables, and charts, as well as insightful analysis. The Sports Tourism market has been expanding significantly…
Sports Nutrition Market By Type (Sports Supplements, Sports Food, Sports Drinks, …
Global Sports Nutrition Market 2023 Research Report initially provides a basic overview of the industry that covers definition, applications and manufacturing technology, post which the report explores into the international players in the market.
Download Sample PDF at https://www.theinsightpartners.com/sample/TIPRE00006894?utm_source=OpenPR&utm_medium=10379
Key Players Analysis:
Glanbia Plc
PepsiCo Inc.
The Coca-Cola Company
LOVATE HEALTH SCIENCES
Clif Bar & Company.
BULK POWDERS
Abbott
Yakult Honsha Co., Ltd.
MUSCLEPHARM CORPORATION
GNC HOLDINGS INC
The report covers key developments in…
Sports Tourism Market to Witness Massive Growth| ITC Sports Travel, Sports Tours …
A latest study released by HTF MI on Global Sports Tourism Market covering key business segments and wide scope geographies to get deep dive analysed market data. The study is a perfect balance bridging both qualitative and quantitative information of Sports Tourism market. The study provides historical data (i.e. Volume** & Value) from 2013 to 2018 and forecasted till 2025*. Some are the key & emerging players that are BAC…
Sports Tourism Market 2019 - BAC Sport, Great Atlantic Sports Travel, ITC Sports …
Global Sports Tourism Market 2019-2023:
With the rise in Global Sports Tourism Market, the need for niche Market has grown by a staggering rate. This has resulted in a major push in the Global Sports Tourism Market Industry Market. With Global Sports Tourism Market gaining traction across the globe including the developing Markets of APAC and Africa, many software providers have jumped onto the software bandwagon to develop and provide Global…
Sports Tourism Market Breakdown of Leading Market Player’s 2018-2022: Great At …
ReportsWeb.com has announced the addition of the “Global Sports Tourism Market Size Status and Forecast 2018-2022” The report classifies the global Sports Tourism Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
This report studies the global Sports Tourism market, analyzes and researches the Sports Tourism development status and forecast in United States, EU, Japan, China, India and Southeast…
Professional Sports Leagues Dominate U.S. Licensed Sports Merchandise Market By …
"The Report US Licensed Sports Merchandise Market: Trends, Opportunities and Forecasts (2016-2021) (By Segment - Sports Apparel, Sports Footwear, Sports Equipment -Videogames, Sporting goods and Toys; By Leagues - NFL, NBA, MLB, NHL; By Key Players - Competitive Landscape) provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"
MarketResearchReports has announced the addition of a new research report providing an executive-level blueprint…
