Online Sports Retailing Market Scope
The online sports retailing is the sale of sports apparel and equipment through the internet. These include sports apparel, sports equipment, sports protective equipment, and sports footwear. nowadays, the consumers prefer online purchases mainly due to an increasing time-poverty, changing lifestyle, convenience and flexibility of shopping, and the option of free home delivery. The customers get more options to search, check pictures, and compare prices of apparel online in order to made satisfactory purchase decisions. Additionally, the focus of e-commerce platforms towards providing detailed information on products including quality, safety measures, and user guidance to the consumers, also drives the preference of consumers towards online shopping.
The Online Sports Retailing market study is segmented by Type (Sports Equipment, Sports Apparel, Sports Footwear and Other), by Application (Men, Women and Children) and major geographies with country level break-up.
Key players are exploring the market in new areas by adopting mergers & acquisitions, expansions, investments, new product launches, and collaborations as their preferred strategies. Key players are introducing new products to avail competitive advantage Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Online Sports Retailing market throughout the predicted period.
Nike Inc. (United States), Adidas AG (Germany), PUMA (Germany), Under Armour Inc. (United States), Mizuno Corporation (Japan), Academy Sports + Outdoors (United States), Alibaba Group (China), Amazon.com (United States), DICK's Sporting Goods (United States), Walmart (United States) and ASICS (Japan) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Columbia Sportswear Company (United States), The north face (United States) and DashSport (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Online Sports Retailing market by Type, Application and Region.
On the basis of geography, the market of Online Sports Retailing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In June 2018, DashSport launching its anticipated online Grand Opening on June 20th, 2018. The twelve highlighted products launched online at www.GoDashSport.com range from children’s soccer gear in addition to both teen and adult sports apparel and accessories.
Market Trend
- Artificial Intelligence Is Changing the Face of Online Shopping
Market Drivers
- Convenience and Flexibility of Online Shopping
- The Increased Disposable Income of an Individual Coupled With Changing Lifestyle
- Celebrity Endorsements and Eye-Catching Marketing Activities by Online Retailers on Social Media
Opportunities
- Increasing Internet Penetration Globally
- The Emerging Demand from the Developing Countries
Restraints
- The Consumers Still Prefers to Buy from Offline Retail Channels
- Security concern in Online Retailing
Challenges
- Highly Concentrated Market
- Concerns about Product Quality
Key Target Audience
Online Sports Retailing Providers, Online Sports Retailing Suppliers, Research Organizations and Consulting Companies, Organizations, Associations and Alliances Related To Online Sports Retailing, Regulatory & Government Bodies, Industry Associations, Market Research and Consulting Firms, End Users and Others
Customization available in this Study:
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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