Global Sports Equipment Market By Size, Share, Growth, Trends, Forecast 2028

Report Description

The global sports equipment market is expected to grow at a significant rate during the forecast period owing to the increasing adoption of sports and other recreational activities by people for stress management. Further, the health benefits associated with sports is also a major driver for the growth of global sports equipment market. The increasing per capita disposable income has also created greater willingness to spend on leisure activities among consumers. Increasing participation in sports activities, especially in schools and colleges is anticipated to drive the growth of sports equipment market by 2028.

Additionally, the manufacturing companies are coming up with new product improvement which is further creating the demand for sports equipment among global consumers. Sports is also a form of exercise and with growing prevalence of obesity around the world, people are getting indulged in sports. The popularity of sports events such as FIFA World Cup, Commonwealth Games and Olympic Games is encouraging youths to take part in sports. Hence, this is further supporting the growth of sports equipment market, globally.

Global sports equipment market can be segmented based on sports type, product, end use, distribution channel and region. Based on product, the market is segmented into ball over net games, ball games, fitness/strength equipment, athletic training equipment, protective equipment, footwear and others. The ball games category is expected to dominate the global market in terms of revenue owing to the burgeoning popularity of various ball games like football and basketball.

Based on distribution channel, the global sports equipment market is segmented into online retail, specialty & sports shops and department and discount stores. The online channel is expected to dominate the global market owing to the increasing usage of mobile phones and other electronics by people to browse for and shop online.

Major companies operating in the global sports equipment market include Adidas AG, Amer Sports, Callaway Golf Co., Sumitomo Rubber Industries Limited, Nike, Inc., Puma SE, Mizuno Corporation, Sports Direct International PLC, Under Armour and Yonex Co., Ltd, among others. Leading sports equipment companies are undertaking growth strategies like mergers and acquisitions to increase their market share and global reach.

Objective of the Study:

To analyse and forecast the market size of global sports equipment market.
To forecast global sports equipment market based on sports type, product, end use, distribution channel, company and regional distribution.
To identify drivers and challenges for global sports equipment market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions etc. in global sports equipment market.
To identify and analyse the profile of leading players operating in the global sports equipment market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of sports equipment companies across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the vendors which could not be identified due to the limitations of secondary research.

TechSci Research calculated global sports equipment market size using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

Sports equipment manufacturing companies/partners
Suppliers/Distributers
End-Users
Government bodies such as regulating authorities and policy makers
Organizations, industry associations, forums and alliances related to sports equipment market
Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as sports equipment manufacturing companies and partners, end users etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute	Details
Base Year	2022
Historical Years	2018 – 2021
Estimated Year	2023
Forecast Period	2024 – 2028
Quantitative Units	Revenue in USD Million, Volume in Units, and CAGR for 2018-2022 and 2023-2028
Report Coverage	Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends
Segments Covered	· Sports Type · Component · Product · End Use · Distribution Channel
Regional Scope	North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa
Country Scope	United States; Canada; Mexico; China; India; Japan; Malaysia; Thailand; Indonesia; Vietnam; South Korea; Germany; France; United Kingdom; Spain; Italy; Belgium; Russia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Egypt
Key Companies Profiled	Adidas AG, Amer Sports, Callaway Golf Co., Sumitomo Rubber Industries Limited, Nike, Inc., Puma SE, Mizuno Corporation, Sports Direct International PLC, Under Armour and Yonex Co., Ltd.
Customization Scope	10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and Purchase Options	Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, global sports equipment market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Global Sports Equipment Market, By Sports Type:

Racing Sports
Ball Sports
Water Sports
Extreme Sports
Others

Global Sports Equipment Market, By Component:

Hardware
Software

Global Sports Equipment Market, By Product:

Ball Over Net Games
Ball Games
Fitness/Strength Equipment
Athletic Training Equipment
Protective Equipment
Footwear
Others

Global Sports Equipment Market, By End Use:

Commercial
Household

Global Sports Equipment Market, By Distribution Channel:

o Online Retail

o Specialty & Sports Shops

o Department & Discount Stores

Global Sports Equipment Market, By Region:

Asia-Pacific

China
Japan
India
South Korea
Australia

Europe

France
Germany
United Kingdom
Italy
Spain

North America

United States
Mexico
Canada

South America

Brazil
Argentina
Colombia

Middle East & Africa

UAE
South Africa
Saudi Arabia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global sports equipment market.

Available Customizations:

With the given market data, TechSci Research offers customizations according a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

Profit margin analysis in case of direct and indirect sales channel.

It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

2. Research Methodology

3. Impact of COVID-19 on Global Sports Equipment Market

4. Executive Summary

5. Global Sports Equipment Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Sports Type (Racing Sports, Ball Sports, Water Sports, Extreme Sports and Others)

5.2.2. By Product (Ball Over Net Games, Ball Games, Fitness/Strength Equipment, Athletic Training Equipment, Protective Equipment, Footwear and Others)

5.2.3. By End Use (Household, Commercial)

5.2.4. By Distribution Channel (Online Retail, Specialty & Sports Shops and Department & Discount Stores)

5.2.5. By Region (Asia-Pacific, North America, Europe, South America, MEA)

5.2.6. By Company (2022)

5.3. Product Market Map

5.4. Pricing Analysis

6. Asia-Pacific Sports Equipment Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Sports Type

6.2.2. By Product

6.2.3. By Distribution Channel

6.2.4. By Country

6.3. Asia-Pacific: Country Analysis

6.3.1. China Sports Equipment Market Outlook

6.3.1.1. Market Size & Forecast

6.3.1.1.1. By Value

6.3.1.2. Market Share & Forecast

6.3.1.2.1. By Sports Type

6.3.1.2.2. By Product

6.3.2. India Sports Equipment Market Outlook

6.3.2.1. Market Size & Forecast

6.3.2.1.1. By Value

6.3.2.2. Market Share & Forecast

6.3.2.2.1. By Sports Type

6.3.2.2.2. By Product

6.3.3. Japan Sports Equipment Market Outlook

6.3.3.1. Market Size & Forecast

6.3.3.1.1. By Value

6.3.3.2. Market Share & Forecast

6.3.3.2.1. By Sports Type

6.3.3.2.2. By Product

6.3.4. South Korea Sports Equipment Market Outlook

6.3.4.1. Market Size & Forecast

6.3.4.1.1. By Value

6.3.4.2. Market Share & Forecast

6.3.4.2.1. By Sports Type

6.3.4.2.2. By Product

6.3.5. Australia Sports Equipment Market Outlook

6.3.5.1. Market Size & Forecast

6.3.5.1.1. By Value

6.3.5.2. Market Share & Forecast

6.3.5.2.1. By Sports Type

6.3.5.2.2. By Product

7. Europe Sports Equipment Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Sports Type

7.2.2. By Product

7.2.3. By Distribution Channel

7.2.4. By Country

7.3. Europe: Country Analysis

7.3.1. France Sports Equipment Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Sports Type

7.3.1.2.2. By Product

7.3.2. Germany Sports Equipment Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Sports Type

7.3.2.2.2. By Product

7.3.3. United Kingdom Sports Equipment Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Sports Type

7.3.3.2.2. By Product

7.3.4. Spain Sports Equipment Market Outlook

7.3.4.1. Market Size & Forecast

7.3.4.1.1. By Value

7.3.4.2. Market Share & Forecast

7.3.4.2.1. By Sports Type

7.3.4.2.2. By Product

7.3.5. Italy Sports Equipment Market Outlook

7.3.5.1. Market Size & Forecast

7.3.5.1.1. By Value

7.3.5.2. Market Share & Forecast

7.3.5.2.1. By Sports Type

7.3.5.2.2. By Product

8. North America Sports Equipment Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Sports Type

8.2.2. By Product

8.2.3. By Distribution Channel

8.2.4. By Country

8.3. North America: Country Analysis

8.3.1. United States Sports Equipment Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Sports Type

8.3.1.2.2. By Product

8.3.2. Mexico Sports Equipment Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Sports Type

8.3.2.2.2. By Product

8.3.3. Canada Sports Equipment Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Sports Type

8.3.3.2.2. By Product

9. South America Sports Equipment Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Sports Type

9.2.2. By Product

9.2.3. By Distribution Channel

9.2.4. By Country

9.3. South America: Country Analysis

9.3.1. Brazil Sports Equipment Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Sports Type

9.3.1.2.2. By Product

9.3.2. Argentina Sports Equipment Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Sports Type

9.3.2.2.2. By Product

9.3.3. Colombia Sports Equipment Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Sports Type

9.3.3.2.2. By Product

10. Middle East and Africa Sports Equipment Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Sports Type

10.2.2. By Product

10.2.3. By Distribution Channel

10.2.4. By Country

10.3. MEA: Country Analysis

10.3.1. South Africa Sports Equipment Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Sports Type

10.3.1.2.2. By Product

10.3.2. Saudi Arabia Sports Equipment Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Sports Type

10.3.2.2.2. By Product

10.3.3. UAE Sports Equipment Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Sports Type

10.3.3.2.2. By Product

11. Market Dynamics

11.1. Drivers

11.2. Challenges

12. Market Trends & Developments

13. Competitive Landscape

13.1. Players Profiled (Leading Companies)

13.1.1. Adidas AG

13.1.2. Amer Sports

13.1.3. Callaway Golf Co.

13.1.4. Sumitomo Rubber Industries Limited

13.1.5. Nike, Inc.

13.1.6. Puma SE

13.1.7. Mizuno Corporation

13.1.8. Sports Direct International PLC

13.1.9. Under Armour

13.1.10. Yonex Co., Ltd

14. Strategic Recommendation

Figures and Tables

Frequently asked questions

What are the primary drivers of the global sports equipment market?

The growing popularity of sporting and recreational activities, increasing per capita income of consumers, and the intense competition among market players are driving the demand of the global sports equipment market.

Who are the leading operating market players in the global sports equipment market?

Adidas AG, Amer Sports, Callaway Golf Co., Sumitomo Rubber Industries Limited, Nike, Inc., Puma SE, Mizuno Corporation, Sports Direct International PLC, Under Armour, and Yonex Co., Ltd. are the major market players operating in the global sports equipment market.

What distribution channel is expected to dominate the global sports equipment market in the forecast period?

Based on distribution channels, the global sports equipment market is segmented into online retail, specialty & sports shops, and department and discount stores. The online retail segment is expected to account for a significant market share in the forecast period due to high internet penetration and the proliferation of smart devices.

What product is expected to lead the global sports equipment market in the forecast period?

Based on product, the market is segmented into ball over net games, ball games, fitness/strength equipment, athletic training equipment, protective equipment, footwear, and others. The ball games segment is expected to hold the largest market share in the forecast period owing to growing popularity of various sporting events like football and volleyball.

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