Sports Equipment Retail in the United States
Summary
Sports Equipment Retail in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The sports equipment retail market includes ball sports equipment, adventure sports equipment, fishing equipment, golf equipment, racket sports equipment, winter sports equipment, specialist footwear, and all other dedicated sports equipment. It includes non-motorized bicycles and their accessories. The market value represents the retail sales.
- The US sports equipment retail market recorded revenues of $66 billion in 2023, representing a compound annual growth rate (CAGR) of 9.1% between 2018 and 2023.
- Other specialist retail accounts for the largest proportion of sales in the US sports equipment market in 2023, sales through this channel generated $28.8 billion, equivalent to 43.6% of the market's overall value.
- According to GlobalData, the US accounted for 89.8% of the North American sports equipment retail market in 2023. The market's expansion was significantly influenced by the rising nominal GDP and the increase in gross disposable income per household. The World Bank reports that in 2023, the US saw a 6.3% rise in nominal GDP and a 4.9% increase in gross disposable income per household compared to the previous year.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the sports equipment retail market in the United States
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the sports equipment retail market in the United States
- Leading company profiles reveal details of key sports equipment retail market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United States sports equipment retail market with five year forecasts
- What was the size of the United States sports equipment retail market by value in 2023?
- What will be the size of the United States sports equipment retail market in 2028?
- What factors are affecting the strength of competition in the United States sports equipment retail market?
- How has the market performed over the last five years?
- What are the main segments that make up the United States's sports equipment retail market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Geography segmentation
- 1.4. Market rivalry
- 1.5. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Geography segmentation
- 4.2. Market distribution
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the strengths of the leading player?
- 7.4. What have been the most recent market developments?
- 8 Company Profiles
- 8.1. Academy Sports & Outdoors Inc
- 8.2. Dick’s Sporting Goods Inc
- 8.3. NIKE Inc
- 8.4. Recreational Equipment Inc
- 8.5. adidas AG
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: United States sports equipment retail market value: $ million, 2018-23
- Table 2: United States sports equipment retail market geography segmentation: $ million, 2023
- Table 3: United States sports equipment retail market distribution: % share, by value, 2023
- Table 4: United States sports equipment retail market value forecast: $ million, 2023-28
- Table 5: Academy Sports & Outdoors Inc: key facts
- Table 6: Academy Sports & Outdoors Inc: Annual Financial Ratios
- Table 7: Academy Sports & Outdoors Inc: Key Employees
- Table 8: Dick’s Sporting Goods Inc: key facts
- Table 9: Dick’s Sporting Goods Inc: Annual Financial Ratios
- Table 10: Dick’s Sporting Goods Inc: Key Employees
- Table 11: Dick’s Sporting Goods Inc: Key Employees Continued
- Table 12: NIKE Inc: key facts
- Table 13: NIKE Inc: Annual Financial Ratios
- Table 14: NIKE Inc: Key Employees
- Table 15: NIKE Inc: Key Employees Continued
- Table 16: Recreational Equipment Inc: key facts
- Table 17: Recreational Equipment Inc: Key Employees
- Table 18: Recreational Equipment Inc: Key Employees Continued
- Table 19: adidas AG: key facts
- Table 20: adidas AG: Annual Financial Ratios
- Table 21: adidas AG: Key Employees
- Table 22: adidas AG: Key Employees Continued
- Table 23: United States size of population (million), 2019-23
- Table 24: United States real gdp (constant 2010 prices, $ billion), 2019-23
- Table 25: United States gdp (current prices, $ billion), 2019-23
- Table 26: United States inflation, 2019-23
- Table 27: United States consumer price index (absolute), 2019-23
- Table 28: United States exchange rate, 2018-23
- List of Figures
- Figure 1: United States sports equipment retail market value: $ million, 2018-23
- Figure 2: United States sports equipment retail market geography segmentation: % share, by value, 2023
- Figure 3: United States sports equipment retail market distribution: % share, by value, 2023
- Figure 4: United States sports equipment retail market value forecast: $ million, 2023-28
- Figure 5: Forces driving competition in the sports equipment retail market in the United States, 2023
- Figure 6: Drivers of buyer power in the sports equipment retail market in the United States, 2023
- Figure 7: Drivers of supplier power in the sports equipment retail market in the United States, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the sports equipment retail market in the United States, 2023
- Figure 9: Factors influencing the threat of substitutes in the sports equipment retail market in the United States, 2023
- Figure 10: Drivers of degree of rivalry in the sports equipment retail market in the United States, 2023
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