Global Sporting Goods Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Sporting Goods Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Sporting Goods market size was valued at USD 50300 million in 2023 and is forecast to a readjusted size of USD 62130 million by 2030 with a CAGR of 3.1% during review period.

Sporting equipment, also called sporting goods, has various forms depending on the sport, but it is essential to complete the sport. The equipment ranges from balls, to nets, and to protective gear like helmets. Sporting equipment can be used as protective gear or as tool used to help the athletes play the sport. Over time, sporting equipment has evolved because sports have started to require more protective gear to prevent injuries. Sporting equipment may be found in any department store.

Sporting goods market is anticipated to record noteworthy growth in the next five to six years. This is majorly attributed to increased number of health-conscious consumers, who are incorporating playing sports as a part of their daily routine. Of different segments in the overall sports industry such as sports tourism, sports apparel, sports sponsorship, sporting goods and others, sporting goods is anticipated to gain significant share in the overall sporting industry. This has led to increased competition among sporting goods manufacturers ensuring improved distribution channels, prices, quality, efficient supply chain management, in order to maintain sustainability in the market. Among different regions, North America holds largest share in terms of value and is anticipated to maintain its dominance in the near future. Growth prospects for sporting goods market are favorable in the Asia Pacific region.



Few other factors bolstering the sporting goods market growth include growing retail industry, increasing disposable income of consumers, government inclination and support for sport activities in many countries, rising consumer awareness for health and fitness. In addition, with increasing awareness of health and fitness through encouragement of sports by governments of various countries along with consumer inclination for sports such as ICC Cricket World Cup, Commonwealth Games, Olympics have led to increased sales of varied sporting goods worldwide. However, availability of counterfeit products along with high prices of few products might restrict the market growth. Sporting goods manufacturers are performing extensive research and development related to raw material used, such as use of carbon fiber for manufacturing sporting goods, as it offers advantages such as light-weight, high-strength and better performance of the product.

The Global Info Research report includes an overview of the development of the Sporting Goods industry chain, the market status of Franchise Outlets (Ball Sports, Adventure Sports), Department Stores (Ball Sports, Adventure Sports), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Sporting Goods.

Regionally, the report analyzes the Sporting Goods markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Sporting Goods market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Sporting Goods market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Sporting Goods industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Ball Sports, Adventure Sports).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Sporting Goods market.

Regional Analysis: The report involves examining the Sporting Goods market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Sporting Goods market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Sporting Goods:

Company Analysis: Report covers individual Sporting Goods manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Sporting Goods This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Franchise Outlets, Department Stores).

Technology Analysis: Report covers specific technologies relevant to Sporting Goods. It assesses the current state, advancements, and potential future developments in Sporting Goods areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Sporting Goods market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Sporting Goods market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Ball Sports
Adventure Sports
Golf
Winter Sports
Others

Market segment by Application
Franchise Outlets
Department Stores
Specialty Sports
Discount Stores
On-line
Other

Major players covered
Nike Inc.
Reebok
Adidas AG
Puma SE
Amer Sports Corporation
VF Corporation
Asics Corporation
Under Armour Inc.
Brooks Sports Inc.
The North Face, Inc.
YONEX Co. Ltd.
MIZUNO Corporation
Skechers USA, Inc.
Converse Inc.

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Sporting Goods product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Sporting Goods, with price, sales, revenue and global market share of Sporting Goods from 2019 to 2024.

Chapter 3, the Sporting Goods competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Sporting Goods breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Sporting Goods market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Sporting Goods.

Chapter 14 and 15, to describe Sporting Goods sales channel, distributors, customers, research findings and conclusion.