Market Snapshot:
Sporting equipment or sporting goods has numerous forms depending on the sport, but it is essential to complete the sport. It can be used as protective gear or as a tool used to help the athletes play the sport. In the current scenario, increasing participation of celebrity endorsement for fitness and sports, the global market for retail sporting goods is anticipated to grow at a significant momentum. The market players and sellers in this field are signing famous athletes and celebrities in order to promote their products and launch advertising campaigns.
Highlights from Retail Sporting Goods Market Study
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The key Vendors profiled in the report are Adidas AG (Germany), Dick's Sporting Goods (United States), Foot Locker Retail, Inc. (United States), Nike Inc. (United States), Puma SE (Germany), VF Corporation (United States), Asics Corporation (Japan), Brooks Sports Inc. (United States), YONEX Co. Ltd. (Japan), Converse Inc. (United States) and Fila Ltd. (South Korea). Additionally, other players that are part of this comprehensive study are GK Elite Sportswear (United States), Hanesbrands, Inc. (United States), Li Ning Company Limited (China), lululemon athletica Inc. (Canada) and Mizuno Corporation (Japan).
Geographic Breakdown and Segment Analysis
The Global Retail Sporting Goods market presents a comprehensive analysis of the Retail Sporting Goods market by product type (Athletic Apparel, Athletic Footwear and Sports Equipment), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Retail Sporting Goods industry. Investors and Vendors can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Retail Sporting Goods market
Analyst at AMA have segmented the market study of Global Retail Sporting Goods market by Type, Application and Region.
Influencing Trend:
Increasing Number of Health-Conscious People across the World and The Advent of E-Commerce Platform
Market Growth Drivers:
Several Countries Government Promoting Sports Activities, Especially in Emerging Countries and Increasing Disposable Income of People and Huge Demand for High-Quality Fitness Clothings
Challenges:
Fluctuation in the Raw Material Prices and Changing Consumer Preferences
Restraints:
Increasing Cases of Counterfeiting Products
Opportunities:
The Growth in Sports Participation and Increasing Number of Sports Events and Increasing Number of Retail Outlets Globally
Key Target Audience
Retail Sporting Goods Manufacturers, Distributors, Traders, Raw Material Suppliers, Distributors, End Users and Others