Market Overview:
The global sports equipment and apparel market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for sports equipment and apparel from online and offline channels. In terms of type, the bike segment is expected to lead the market during the forecast period, owing to its growing popularity among consumers across regions. In terms of application, online channels are expected to account for a larger share of the market during the forecast period, as consumers are increasingly shifting towards buying sports equipment and apparel through e-commerce platforms. North America is estimated to be one of the leading markets for sports equipment and apparel in 2018.
Product Definition:
Types of sports equipment.
Importance: Sports equipment and apparel can help an individual or team perform better while playing a sport. Equipment can improve the player's accuracy, power, or speed while clothing can help regulate body temperature and keep the athlete comfortable during competition or practice.
Bike:
Bike is a device used for transportation having two wheels and a handlebar through which the rider can propel the vehicle. There are various types of bikes such as mountain, road, hybrid and folding bikes available in the market. The bike has been gaining popularity due to its ease of use and comfortability while riding. Additionally, increasing health concerns among people have also increased their interest towards bicycle as it helps in improving body fitness by burning calories.
Outdoor:
Outdoor is the total area where sports activities are conducted. It includes land-based, air-based or water-based sporting activity. The outdoor market has been witnessing significant growth over the past few years on account of growing health awareness and fitness consciousness among people across the world.
Outdoor is a vast sector that comprises products such as apparel & footwear, equipment & accessories and home gym equipment which are used for various purposes including training, competition and leisure.
Application Insights:
The offline segment dominated the global sports equipment and apparel market in 2017, accounting for more than 70.0% share of the total revenue. Offline markets provide a wider scope for product promotion as well as provide an opportunity to interact with consumers. Furthermore,Offline stores offer physical inventory where consumer can physically check out the product before purchasing it which is boosting the growth of this segment.
Online shopping has become popular among consumers who are looking for bargains while shopping or those who are looking for specific products/brands that they cannot find in their local markets or physical stores nearby them. Online sports goods market has grown significantly over recent years owing to increasing use by athletes & fitness enthusiasts at a global level coupled with rising internet accessibility across countries worldwide (excluding China).
Regional Analysis:
North America dominated the global sports equipment and apparel market in 2017. The region is expected to maintain its dominance over the forecast period as well. This can be attributed to increasing disposable income, growing popularity of outdoor activities, and high adoption rate of latest technologies across various sports such as basketball, football, cricket and others. Increasing number of professional leagues such as National Basketball Association (NBA), National Football League (NFL) has also contributed significantly towards growth in this region.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rising health consciousness among people from China and India who are spending more on healthcare products including medicines which will eventually drive demand for sporting goods including fitness equipment & apparel in near future. In addition sport governing bodies are launching new leagues for developing countries so that they can compete with each other at international level thus driving product sales further.
Growth Factors:
- Increasing popularity of sports and fitness activities
- Rising disposable income of consumers
- Growing demand for branded and high-quality products
- Proliferation of online retail channels
- Expansion of global markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Sports Equipment and Apparel Market Research Report
By Type
Bike, Outdoor, Racket Sports, Running, Fitness, Team Sports, Others
By Application
Online, Offline
By Companies
Decathlon S.A. (France), Nike (US), Adidas AG (Germany), Puma SE (Germany), Under Armour Inc. (US), Amer Sports Corporation (Finland), ASICS Corporation (Japan), Sports Direct International Plc. (UK), V.F. Corporation New Balance (US)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
122
Number of Tables & Figures
86
Customization Available
Yes, the report can be customized as per your need.
Global Sports Equipment and Apparel Market Report Segments:
The global Sports Equipment and Apparel market is segmented on the basis of:
Types
Bike, Outdoor, Racket Sports, Running, Fitness, Team Sports, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Online, Offline
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Decathlon S.A. (France)
- Nike (US)
- Adidas AG (Germany)
- Puma SE (Germany)
- Under Armour Inc. (US)
- Amer Sports Corporation (Finland)
- ASICS Corporation (Japan)
- Sports Direct International Plc. (UK)
- V.F. Corporation New Balance (US)
Highlights of The Sports Equipment and Apparel Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Bike
- Outdoor
- Racket Sports
- Running
- Fitness
- Team Sports
- Others
- By Application:
- Online
- Offline
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Sports Equipment and Apparel Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Sports equipment and apparel are items that are used in sports. These items can include balls, bats, cleats, helmets, jerseys, pants, and shoes.
Some of the major players in the sports equipment and apparel market are Decathlon S.A. (France), Nike (US), Adidas AG (Germany), Puma SE (Germany), Under Armour Inc. (US), Amer Sports Corporation (Finland), ASICS Corporation (Japan), Sports Direct International Plc. (UK), V.F. Corporation New Balance (US).
The sports equipment and apparel market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sports Equipment and Apparel Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Sports Equipment and Apparel Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sports Equipment and Apparel Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Sports Equipment and Apparel Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Sports Equipment and Apparel Market Size & Forecast, 2018-2028
4.5.1 Sports Equipment and Apparel Market Size and Y-o-Y Growth
4.5.2 Sports Equipment and Apparel Market Absolute $ Opportunity
Chapter 5 Global Sports Equipment and Apparel Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Sports Equipment and Apparel Market Size Forecast by Type
5.2.1 Bike
5.2.2 Outdoor
5.2.3 Racket Sports
5.2.4 Running
5.2.5 Fitness
5.2.6 Team Sports
5.2.7 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Sports Equipment and Apparel Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Sports Equipment and Apparel Market Size Forecast by Applications
6.2.1 Online
6.2.2 Offline
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sports Equipment and Apparel Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Sports Equipment and Apparel Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Sports Equipment and Apparel Analysis and Forecast
9.1 Introduction
9.2 North America Sports Equipment and Apparel Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Sports Equipment and Apparel Market Size Forecast by Type
9.6.1 Bike
9.6.2 Outdoor
9.6.3 Racket Sports
9.6.4 Running
9.6.5 Fitness
9.6.6 Team Sports
9.6.7 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Sports Equipment and Apparel Market Size Forecast by Applications
9.10.1 Online
9.10.2 Offline
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Sports Equipment and Apparel Analysis and Forecast
10.1 Introduction
10.2 Europe Sports Equipment and Apparel Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Sports Equipment and Apparel Market Size Forecast by Type
10.6.1 Bike
10.6.2 Outdoor
10.6.3 Racket Sports
10.6.4 Running
10.6.5 Fitness
10.6.6 Team Sports
10.6.7 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Sports Equipment and Apparel Market Size Forecast by Applications
10.10.1 Online
10.10.2 Offline
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Sports Equipment and Apparel Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Sports Equipment and Apparel Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Sports Equipment and Apparel Market Size Forecast by Type
11.6.1 Bike
11.6.2 Outdoor
11.6.3 Racket Sports
11.6.4 Running
11.6.5 Fitness
11.6.6 Team Sports
11.6.7 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Sports Equipment and Apparel Market Size Forecast by Applications
11.10.1 Online
11.10.2 Offline
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Sports Equipment and Apparel Analysis and Forecast
12.1 Introduction
12.2 Latin America Sports Equipment and Apparel Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Sports Equipment and Apparel Market Size Forecast by Type
12.6.1 Bike
12.6.2 Outdoor
12.6.3 Racket Sports
12.6.4 Running
12.6.5 Fitness
12.6.6 Team Sports
12.6.7 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Sports Equipment and Apparel Market Size Forecast by Applications
12.10.1 Online
12.10.2 Offline
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Sports Equipment and Apparel Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Sports Equipment and Apparel Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Sports Equipment and Apparel Market Size Forecast by Type
13.6.1 Bike
13.6.2 Outdoor
13.6.3 Racket Sports
13.6.4 Running
13.6.5 Fitness
13.6.6 Team Sports
13.6.7 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Sports Equipment and Apparel Market Size Forecast by Applications
13.10.1 Online
13.10.2 Offline
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Sports Equipment and Apparel Market: Competitive Dashboard
14.2 Global Sports Equipment and Apparel Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Decathlon S.A. (France)
14.3.2 Nike (US)
14.3.3 Adidas AG (Germany)
14.3.4 Puma SE (Germany)
14.3.5 Under Armour Inc. (US)
14.3.6 Amer Sports Corporation (Finland)
14.3.7 ASICS Corporation (Japan)
14.3.8 Sports Direct International Plc. (UK)
14.3.9 V.F. Corporation New Balance (US)
