Sports Equipment Market, By Product Type, By Distribution Channel, By Geography

Description

The sports equipment market is estimated to be valued at USD 400.31 Bn in 2024 and is expected to reach USD 622.08 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 400.31 Bn
Historical Data for:	2019 To 2023	Forecast Period:	2024 to 2031
Forecast Period 2024 to 2031 CAGR:	6.50%	2031 Value Projection:	US$ 622.08 Bn

Figure. Sports Equipment Market Share (%), By Region 2024

The global sports equipment market has witnessed substantial growth over the past few years owing to increasing participation in sports and fitness activities among people across the world. Various factors, such as rising health awareness, growing urbanization, and improving living standards, have encouraged individuals to actively engage in sports and incorporate physical exercise in their daily routine. This has significantly boosted the demand for high quality sports equipment from both amateur and professional players. Manufacturers are launching innovative products with improved design and features to attract new customers. The market is expected to grow at a steady pace during the forecast period due to ongoing product premiumization and growing interest of young population in different games and workouts.

Market Dynamics:

The key drivers contributing to the growth of the global sports equipment market include increasing spending on health and wellness, rising number of health clubs and gyms, and growing middle class population with higher discretionary incomes. Moreover, ongoing innovations in material sciences and technologies have led to the development of equipment with enhanced performance and durability. Rising popularity of sports in developing countries presents significant business opportunities for existing as well as new players. However, the availability of low-cost counterfeit products continues to limit the revenues of established brands. Also, increasing trade tariffs amongst major economies may hamper the cost competitiveness of the market. Going forward, the integration of smart technologies and focus towards eco-friendly production methods will shape the market dynamics.

Key Features of the Study:

This report provides in-depth analysis of the global sports equipment market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global sports equipment market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Nike Inc., Adidas AG, Amer Sports, New Balance Athletics, Inc., Daei Sportswear & Equipment, Kering S.A. , Sports Direct International plc, Black Diamond Equipment, Ltd, ANTA Sports Products Limited, Yonex Co., Ltd, Adidas AG , MIZUNO Corporation, Quiksilver, Inc. , Globeride, Inc., Callaway Golf Company, Shenzhen Taishan Sports Technology Co., Ltd, Callaway Golf Co., BPS Direct, LLC, Yonex Co., Ltd. and Under Armour.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
The global sports equipment market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global sports equipment market.

Detailed Segmentation-

By Product Type:
- Athletic training equipment
- Ball games
- Ball over net games
- Others
By Distribution Channel:
- Online retail
- Specialty & sports shops
- Department & discount stores
- Others
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles:
- Nike Inc.
- Adidas AG
- Amer Sports
- New Balance Athletics, Inc.
- Daei Sportswear & Equipment
- Kering S.A.
- Sports Direct International plc
- Black Diamond Equipment, Ltd
- ANTA Sports Products Limited
- Yonex Co., Ltd
- Adidas AG
- MIZUNO Corporation
- Quiksilver, Inc.
- Globeride, Inc.
- Callaway Golf Company
- Shenzhen Taishan Sports Technology Co., Ltd
- Callaway Golf Co.
- BPS Direct, LLC
- Yonex Co., Ltd
- Under Armour

Product Code: CMI7183

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Distribution Channel
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Mergers and Acquisitions

4. Global Sports Equipment Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting the Global Sports Equipment Market
Impact Analysis

5. Global Sports Equipment Market, By Product Type, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Athletic training equipment
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Ball games
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Ball over net games
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends

6. Global Sports Equipment Market, By Distribution Channel, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Online retail
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Specialty & sports shops
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Department & discount stores
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends

7. Global Sports Equipment Market, By Region, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, By Region, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019-2031
North America
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Distribution Channel, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
- U.S.
- Canada
Latin America
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn))
- Market Size and Forecast, By Distribution Channel, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Distribution Channel, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - U.K.
  - Germany
  - Italy
  - France
  - Spain
  - Russia
  - Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Distribution Channel, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Middle East & Africa
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Distribution Channel, 2019 - 2031 (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - GCC Countries
  - Israel
  - Rest of Middle East & Africa

8. Competitive Landscape

Market Share Analysis
Company Profiles
- Nike Inc.
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Adidas AG
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Amer Sports
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- New Balance Athletics, Inc.
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Daei Sportswear & Equipment
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Kering S.A.
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Sports Direct International plc
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Black Diamond Equipment, Ltd
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- ANTA Sports Products Limited
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Yonex Co., Ltd
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Adidas AG
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- MIZUNO Corporation
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Quiksilver, Inc.
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Globeride, Inc.
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Callaway Golf Company
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Shenzhen Taishan Sports Technology Co., Ltd
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Callaway Golf Co.
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- BPS Direct, LLC
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Yonex Co., Ltd
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Under Armour
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates

9. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

10. Section

References
Research Methodology
About Us and Sales Contact
- Browse 25 market data tables* and 20 figures* on "Global Sports Equipment Market" - Global forecast to 2031.