PUBLISHER: Azoth Analytics | PRODUCT CODE: 1400509
PUBLISHER: Azoth Analytics | PRODUCT CODE: 1400509
Azoth Analytics has released a research report titled "Nordic Sporting Goods Retail Market (2023 Edition)" which provides a complete analysis of the Nordic Sporting Goods Retail industry in terms of market segmentation By Product Type (Apparel, Equipment, Shoes and Others), By Sales Channel (Online Channel, Offline Channel), By Sport Category (Outdoor Sports, Fitness, Winter Sports, Golf and Other Sports) for the historical period of 2019-2022, the estimates of 2023 and the forecast period of 2024-2029.
The research report covers a detailed analysis of the Countries (Denmark, Finland, Norway, and Sweden). Additionally, the research report presents data including market size, yearly growth & potential analysis, the competitive study of market players, investment opportunities, and demand forecast. The research report also assesses growth indicators, restraints, supply and demand risk, and other important statistics, as well as a full assessment of current and future market trends that are relevant to the market evolution.
The Nordic Sporting Goods Retail market showcased growth at a CAGR of 3.3% during 2019-2022. The market was valued at USD 3.97 Billion in 2022 which is expected to reach USD 6.92 Billion in 2029.
The primary driver influencing the Nordic sporting goods retail market is the dynamic nature of consumer preferences and lifestyles. As consumers increasingly prioritize health and wellness, there is a growing demand for sporting goods that cater to diverse activities, ranging from outdoor adventures to fitness regimens.
The heightened focus on health and wellness is a significant driver, with consumers viewing sports and recreational activities as integral to a healthy lifestyle. This trend is bolstered by a societal shift towards preventive healthcare, encouraging individuals to invest in sports equipment and gear that supports their well-being.
Additionally, the growing emphasis on sustainable and eco-friendly products, advancements in digital retail experiences, and the integration of innovative technologies in sporting gear are reshaping consumer expectations and influencing purchasing decisions.
List of Tables
Table A1: Nordic Impact of Macro Economic Factors, By Country
Table A2: Denmark Export and Import trade in sporting goods, by product, in thousand Euro, 2022
Table A3: Finland Export and Import trade in sporting goods, by product, in thousand Euro, 2022
Table A4: Norway Export and Import trade in sporting goods, by product, in thousand Euro, 2022
Table A5: Sweden Export and Import trade in sporting goods, by product, in thousand Euro, 2022
Table A6: XXL Sport & Villmark Key Company Financials, 2020-2022