PUBLISHER: The Business Research Company | PRODUCT CODE: 1680433
PUBLISHER: The Business Research Company | PRODUCT CODE: 1680433
Sporting And Athletic Goods Global Market Report 2025
Sporting and athletic goods encompass specialized fabrics designed to provide comfort during physical activities. The type of clothing required depends on the intensity and nature of the exercise, including items such as ball gloves and helmets. These goods extend beyond apparel and footwear, including equipment used for various sports.
The primary categories of sporting and athletic goods comprise fishing equipment, skating and skiing gear, golf equipment, and other sports-related items. Fishing equipment encompasses various tools such as dredges, nets, lines, instruments, devices, harpoons, spears, hooks, or hook and line used in the pursuit of fish for recreational and sporting activities. These goods are crafted from diverse materials such as plastics, wood, metal, among others, and are made available through different distribution channels, including online stores, specialty outlets, convenience stores, and departmental stores.
The sporting and athletic goods market research report is one of a series of new reports from The Business Research Company that provides sporting and athletic goods market statistics, including sporting and athletic goods industry global market size, regional shares, competitors with a sporting and athletic goods market share, detailed sporting and athletic goods market segments, market trends and opportunities, and any further data you may need to thrive in the sporting and athletic goods industry. This sporting and athletic goods market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The sporting and athletic goods market size has grown strongly in recent years. It will grow from $136.47 billion in 2024 to $145.48 billion in 2025 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to global sporting events, fitness and wellness boom, growth in marketing and endorsements, urbanization and recreational spaces, health and fitness awareness.
The sporting and athletic goods market size is expected to see strong growth in the next few years. It will grow to $182.57 billion in 2029 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to growing sustainability practices, health and wellness integration, customization and personalization, athleisure market growth, youth sports participation, social media influence. Major trends in the forecast period include smart sportswear integration, augmented reality (AR) in sports training, subscription models for sports gear, female-centric sportswear design, innovations in footwear technology.
The sporting and athletic goods manufacturing market is poised to benefit from the steady economic growth projected for many developed and developing countries. The International Monetary Fund (IMF) has indicated that the UK's GDP is estimated to have increased by 0.1% in 2023, following a growth rate of 4.3% in 2022. A recovery in commodity prices, which had declined in previous years, is also expected to play a significant role in driving economic growth. The U.S. economy is anticipated to experience stable growth throughout the forecast period. Moreover, emerging markets are expected to continue growing at a slightly faster pace than developed markets during this time. Increased economic growth is likely to lead to greater public and private investments, joint ventures, and foreign direct investments in the end-user markets, thus driving the market forward during the forecast period.
The increase in sports participation is a driving force behind the growth of the sporting and athletic goods market. Sports participation involves individuals engaging in various sports and physical activities, encompassing both organized and recreational sports. The growth in sports participation leads to a larger customer base with diverse needs, fostering demand for a broad spectrum of sports equipment, apparel, and accessories. For instance, in February 2023, the Sports & Fitness Industry Association (SFIA) reported that a total of 236.9 million Americans, representing 77.6% of the population, participated in at least one sports activity, marking a 1.9% increase from 2021. Notably, pickleball emerged as the fastest-growing sport, with participation nearly doubling by 85.7% year-over-year and witnessing an impressive 158.6% increase over three years. Therefore, the growing trend of sports participation is set to drive the growth of the sporting and athletic goods market.
Additive manufacturing is emerging as a significant trend in the increasingly competitive sports goods industry. This technology involves creating three-dimensional objects from digital models by successively adding layers of material. With the sports goods industry facing rapidly changing customer demands and expectations for product performance, additive manufacturing allows manufacturers to efficiently meet these needs through rapid prototyping. This enables the production of specific designs tailored to individual prototypes. For instance, in July 2022, Asics Corporation, a Japanese company renowned for its sportswear and athletic equipment, launched ACTIBREEZE. This innovative geometric structure, made possible by parametric design methods and advanced 3D printing technology, is featured in a unique 3D-printed sandal designed to support the body and mind of recovering athletes. The structure offers exceptional comfort and protection for the wearer.
Prominent companies in the sporting and athletic goods market are strategically focusing on the development of innovative products, such as inspired sportswear, to secure a competitive edge. Inspired sportswear encompasses clothing and apparel designed for sports and fitness activities, combining style and functionality. For example, in May 2022, The Wilson Sporting Goods Company, a US-based sports equipment manufacturer, unveiled its premium tennis-inspired sportswear collection. This high-end line features a fusion of top-selling designs and new technical apparel crafted for optimal performance both on and off the tennis court. This product launch follows Wilson's entry into the sportswear market approximately a year ago, underscoring the company's commitment to innovation, craftsmanship, and sports culture. The collection includes an exclusive Clay + Felt magazine edition, showcasing the new sportswear line, innovative equipment, and contributions from partners such as tennis icon Billie Jean King.
In August 2024, KKR, a U.S.-based investment firm, acquired Varsity Brands Inc. for approximately $4.75 billion, including debt. This acquisition is intended to support the company's growth strategy, enhance its mission of serving sports teams, schools, and student-athletes, and expand its range of high-quality customized solutions. Additionally, it aims to foster greater participation, enthusiasm, and community engagement in sports and spirit programs. Varsity Brands Inc. is a U.S.-based company that provides team athletic gear, sports equipment, and custom uniforms for sports teams.
Major companies operating in the sporting and athletic goods market include Nike Inc., Adidas AG, Decathlon S.A., Russell Athletic LLC, Anta Sports Products Limited, Skechers USA Inc., Under Armour Inc., New Balance Athletics Inc., Callaway Golf Company, Li-Ning Company Limited, ASICS Corporation, Columbia Sportswear Company, Fila Holdings Korea Ltd., Amer Sports Corporation, Mizuno Corporation, The North Face Inc., Patagonia Inc., YONEX Co. Ltd., Skis Rossignol S.A., K-Swiss Inc., Derby Cycle Corporation
Asia-Pacific was the largest region in the sporting and athletic goods market in 2024. Western Europe was the second largest region in the sporting and athletic goods market. The regions covered in the sporting and athletic goods market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the sporting and athletic goods market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
The sporting and athletic goods market consists of sales of ropes and cords, sails, skates, skis, sleds, and sleeping bags, retail, and rubber material. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Reasons to Purchase
Scope
Table of Contents
1. Executive Summary
2. Sporting And Athletic Goods Market Characteristics
3. Sporting And Athletic Goods Market Trends And Strategies
4. Sporting And Athletic Goods Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics And Covid And Recovery On The Market
5. Global Sporting And Athletic Goods Growth Analysis And Strategic Analysis Framework
- 5.1. Global Sporting And Athletic Goods PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
- 5.2. Analysis Of End Use Industries
- 5.3. Global Sporting And Athletic Goods Market Growth Rate Analysis
- 5.4. Global Sporting And Athletic Goods Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
- 5.5. Global Sporting And Athletic Goods Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
- 5.6. Global Sporting And Athletic Goods Total Addressable Market (TAM)
6. Sporting And Athletic Goods Market Segmentation
7. Sporting And Athletic Goods Market Regional And Country Analysis
8. Asia-Pacific Sporting And Athletic Goods Market
9. China Sporting And Athletic Goods Market
10. India Sporting And Athletic Goods Market
11. Japan Sporting And Athletic Goods Market
12. Australia Sporting And Athletic Goods Market
13. Indonesia Sporting And Athletic Goods Market
14. South Korea Sporting And Athletic Goods Market
15. Bangladesh Sporting And Athletic Goods Market
16. Thailand Sporting And Athletic Goods Market
17. Vietnam Sporting And Athletic Goods Market
18. Malaysia Sporting And Athletic Goods Market
19. Singapore Sporting And Athletic Goods Market
20. Philippines Sporting And Athletic Goods Market
21. Hong Kong Sporting And Athletic Goods Market
22. New Zealand Sporting And Athletic Goods Market
23. Western Europe Sporting And Athletic Goods Market
24. UK Sporting And Athletic Goods Market
25. Germany Sporting And Athletic Goods Market
26. France Sporting And Athletic Goods Market
27. Italy Sporting And Athletic Goods Market
28. Spain Sporting And Athletic Goods Market
29. Spain Sporting And Athletic Goods Market
30. Austria Sporting And Athletic Goods Market
31. Belgium Sporting And Athletic Goods Market
32. Denmark Sporting And Athletic Goods Market
33. Finland Sporting And Athletic Goods Market
34. Ireland Sporting And Athletic Goods Market
35. Netherlands Sporting And Athletic Goods Market
36. Norway Sporting And Athletic Goods Market
37. Portugal Sporting And Athletic Goods Market
38. Sweden Sporting And Athletic Goods Market
39. Switzerland Sporting And Athletic Goods Market
40. Eastern Europe Sporting And Athletic Goods Market
41. Russia Sporting And Athletic Goods Market
42. Czech Republic Sporting And Athletic Goods Market
43. Poland Sporting And Athletic Goods Market
44. Romania Sporting And Athletic Goods Market
45. Ukraine Sporting And Athletic Goods Market
46. North America Sporting And Athletic Goods Market
47. USA Sporting And Athletic Goods Market
48. Canada Sporting And Athletic Goods Market
50. South America Sporting And Athletic Goods Market
51. Brazil Sporting And Athletic Goods Market
52. Chile Sporting And Athletic Goods Market
53. Argentina Sporting And Athletic Goods Market
54. Colombia Sporting And Athletic Goods Market
55. Peru Sporting And Athletic Goods Market
56. Middle East Sporting And Athletic Goods Market
57. Saudi Arabia Sporting And Athletic Goods Market
58. Israel Sporting And Athletic Goods Market
59. Iran Sporting And Athletic Goods Market
60. Turkey Sporting And Athletic Goods Market
61. United Arab Emirates Sporting And Athletic Goods Market
62. Africa Sporting And Athletic Goods Market
63. Egypt Sporting And Athletic Goods Market
64. Nigeria Sporting And Athletic Goods Market
65. South Africa Sporting And Athletic Goods Market
66. Sporting And Athletic Goods Market Competitive Landscape And Company Profiles
67. Sporting And Athletic Goods Market Other Major And Innovative Companies
68. Global Sporting And Athletic Goods Market Competitive Benchmarking And Dashboard
69. Key Mergers And Acquisitions In The Sporting And Athletic Goods Market
70. Recent Developments In The Sporting And Athletic Goods Market
71. Sporting And Athletic Goods Market High Potential Countries, Segments and Strategies
72. Appendix
