Market Snapshot:
Sporting equipment takes many shapes depending on the sport, but it is required to perform the sport. Balls, netting, and safety gear such as helmets are among the items available. Sporting equipment may be used as either protective gear or as a tool to assist athletes in doing their sport. The increase in sports and fitness awareness around the world, as well as the rise in expenditure on sports training and development among children, can be attributed to the growth of the sports equipment and apparel market. Increased awareness about the benefits of participating in sports activities, such as increased concentration and problem-solving ability, fuels demand for sports equipment and apparel.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Nike Inc. (United States), JD Sports Fashion Plc. (United Kingdom), Adidas A.G. (Germany), Puma S.E. (Germany), Cabela’s Inc. (United States), Decathlon S.A. (France), Under Armour Inc. (United States), Amer Sports Corporation (Finland), ASICS Corporation (Japan) and Gap Inc. (United States) |
Segment Analysis
AMA Research have segmented the market of Global Kids Sports Equipment And Accessories market by Type, Application and Region.
On the basis of geography, the market of Kids Sports Equipment And Accessories 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).
region held largest market share in the year 2022.
Market Trend
Greater Recognition to Sports Including Football & Cricket
Market Drivers
Increasing Financial market share in Sports Industry and Rising Health & Fitness Awareness
Opportunities
Growing Number of Sports Championships & Leagues at Global Level and Increasing Female Participation
Restraints
- Raw Material Price Fluctuation
In addition to the aforementioned factor, Increasing Financial market share in Sports Industry
is expected to propel the growth of the market over the forecast period.
Competitive Landscape
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
The key Vendors profiled in the study are Nike Inc. (United States), JD Sports Fashion Plc. (United Kingdom), Adidas A.G. (Germany), Puma S.E. (Germany), Cabela’s Inc. (United States), Decathlon S.A. (France), Under Armour Inc. (United States), Amer Sports Corporation (Finland), ASICS Corporation (Japan) and Gap Inc. (United States). A lot of United States players are profiled in the research study indicating a strong market dependence.