North America Sports Equipment Market Databank
The Sports Equipment market was valued at $331,080.0 Million in 2020, and is projected to reach $630,798.2 Million by 2029 growing at a CAGR of 7.48% from 2021 to 2029. Fitness/Strength equipment segment is expected to be the highest contributor to this market, with $96,497.3 Million in 2020, and is anticipated to reach $185,164.6 Million by 2029, registering a CAGR of 7.56%. Fitness/Strength equipment and Ball games segments collectively expected to account for about 51.0% share of the Sports Equipment market in 2020, with the former constituting around 29.1% share. Fitness/Strength equipment and Athletic training equipment segments are expected to witness significant growth rates at a CAGR of 7.56% and 7.55% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 48.9% in the overall Sports Equipment market in 2020, and is anticipated to reach 49.3% by 2029.
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