Sports Equipments Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

The sports equipment market has been making significant strides, with a reported revenue of US$ 10 Bn in 2024, according to Fairfield Market Research. The demand for sports equipment is on the rise, with top market players holding a prominent. The global market for sports equipment is expected to reach a remarkable US$ 15.8 Bn by 2031.

The surge in the sports equipment market is attributed to several factors. The ongoing innovations and rapid technological progress have allowed the industry to keep up with shifting consumer preferences. Moreover, the increasing awareness of the benefits of a healthy lifestyle and participation in sports and fitness activities is further fueling demand.

However, the COVID-19 pandemic has posed challenges, causing disruptions to financial flows and uncertainties in long-term turnout for the sports and fitness sector. Market participants have been strategizing to navigate these challenges.

One of the key drivers of market growth has been the increasing popularity of online retailing. The rapidly growing availability of sports equipment in online sales channels, along with the rise in e-commerce and m-commerce activities, has significantly contributed to the industry's success. The online platform offers customers a wide range of products, easy product comparison, and access to customer reviews, making it a preferred choice for many.

Product innovation has played a pivotal role in developing new sports equipment. Technologies providing insights into player performance and techniques have enhanced the appeal of these products. Promotional strategies and sales promotions, including coupons, discounts, and memberships, have also been powerful tools driving market growth. Interactive marketing and sponsorships of sporting events have played a crucial role in sparking interest and increasing participation.

Despite the growth opportunities, manufacturers face challenges due to various standards imposed on sports equipment design. These standards, such as those in the tennis equipment market, dictate aspects like grip size, string area, racquet length, and more, which can be a hurdle for manufacturers, impacting market growth.

Country-wise Analysis:

United States: The U.S. market is witnessing increased sales, driven by a growing number of children and adults participating in physical activities. Increased calorie-burning exercises incorporated into daily routines and awareness of the health benefits are propelling market growth.

United Kingdom: Government initiatives promoting physical activities and the proven health benefits of sports disciplines like cycling, swimming, racquet sports, and aerobics are contributing to market proliferation in the U.K.

India: India's sports equipment market is thriving with the support of sports federations, private organizations, and league-based tournaments. Growing viewership in rural areas, rising sports startups, and increased female participation in sports activities are further boosting investments in sports infrastructure and equipment.

Competitive Analysis

Key Companies Profiled

Amer Sports.
Adidas AG.
Callaway Golf Company.
PUMA SE.
Cabela's incorporated.
GLOBERIDE, Inc.
MIZUNO Corporation.
Nike Inc.
Jarden Corporation.
YONEX Co., Ltd.
Others

Key Segments Covered in Sports Equipment Industry Research

Product Type

Balls
Sticks, Bats and Clubs
Nets and Goals
Rods and Tackles
Gears
Other Sports Equipment

End User

Men
Women
Teens

Sales Channel

Multi Brand Stores
Mono Brand Stores

Franchise Store

Company Owned Stores

Sporting Goods Stores
Online Retails

Direct Store

Indirect Store

Other Sales Channel

Region

North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East & Africa (MEA)

1. Executive Summary

1.1. Global Sports Equipment Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2023
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Global Sports Equipment Market Outlook, 2018 - 2031

3.1. Global Sports Equipment Market Outlook, by Product Type, Value (US$ Bn), 2018 - 2031
- 3.1.1. Key Highlights
  - 3.1.1.1. Up to 18 micron
  - 3.1.1.2. 18 to 50 micron
  - 3.1.1.3. 50 to 80 micron
  - 3.1.1.4. Above 80 micron
3.2. Global Sports Equipment Market Outlook, by End User, Value (US$ Bn), 2018 - 2031
- 3.2.1. Key Highlights
  - 3.2.1.1. Bags & Pouches
  - 3.2.1.2. Wraps
  - 3.2.1.3. Lamination
  - 3.2.1.4. Labels
  - 3.2.1.5. Others
3.3. Global Sports Equipment Market Outlook, by Sales Channel, Value (US$ Bn), 2018 - 2031
- 3.3.1. Key Highlights
  - 3.3.1.1. Food & Beverages
  - 3.3.1.2. Floral
  - 3.3.1.3. Textile
  - 3.3.1.4. Healthcare
  - 3.3.1.5. Others
3.4. Global Sports Equipment Market Outlook, by Region, Value (US$ Bn), 2018 - 2031
- 3.4.1. Key Highlights
  - 3.4.1.1. North America
  - 3.4.1.2. Europe
  - 3.4.1.3. Asia Pacific
  - 3.4.1.4. Latin America
  - 3.4.1.5. Middle East & Africa

4. North America Sports Equipment Market Outlook, 2018 - 2031

4.1. North America Sports Equipment Market Outlook, by Product Type, Value (US$ Bn), 2018 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Up to 18 micron
  - 4.1.1.2. 18 to 50 micron
  - 4.1.1.3. 50 to 80 micron
  - 4.1.1.4. Above 80 micron
4.2. North America Sports Equipment Market Outlook, by End User, Value (US$ Bn), 2018 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Bags & Pouches
  - 4.2.1.2. Wraps
  - 4.2.1.3. Lamination
  - 4.2.1.4. Labels
  - 4.2.1.5. Others
4.3. North America Sports Equipment Market Outlook, by Sales Channel, Value (US$ Bn), 2018 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. Food & Beverages
  - 4.3.1.2. Floral
  - 4.3.1.3. Textile
  - 4.3.1.4. Healthcare
  - 4.3.1.5. Others
- 4.3.2. BPS Analysis/Market Attractiveness Analysis
4.4. North America Sports Equipment Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 4.4.1. Key Highlights
  - 4.4.1.1. U.S. Sports Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 4.4.1.2. U.S. Sports Equipment Market by End User, Value (US$ Bn), 2018 - 2031
  - 4.4.1.3. U.S. Sports Equipment Market by Sales Channel, Value (US$ Bn), 2018 - 2031
  - 4.4.1.4. Canada Sports Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 4.4.1.5. Canada Sports Equipment Market by End User, Value (US$ Bn), 2018 - 2031
  - 4.4.1.6. Canada Sports Equipment Market by Sales Channel, Value (US$ Bn), 2018 - 2031
- 4.4.2. BPS Analysis/Market Attractiveness Analysis

5. Europe Sports Equipment Market Outlook, 2018 - 2031

5.1. Europe Sports Equipment Market Outlook, by Product Type, Value (US$ Bn), 2018 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Up to 18 micron
  - 5.1.1.2. 18 to 50 micron
  - 5.1.1.3. 50 to 80 micron
  - 5.1.1.4. Above 80 micron
5.2. Europe Sports Equipment Market Outlook, by End User, Value (US$ Bn), 2018 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Bags & Pouches
  - 5.2.1.2. Wraps
  - 5.2.1.3. Lamination
  - 5.2.1.4. Labels
  - 5.2.1.5. Others
5.3. Europe Sports Equipment Market Outlook, by Sales Channel, Value (US$ Bn), 2018 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Food & Beverages
  - 5.3.1.2. Floral
  - 5.3.1.3. Textile
  - 5.3.1.4. Healthcare
  - 5.3.1.5. Others
- 5.3.2. BPS Analysis/Market Attractiveness Analysis
5.4. Europe Sports Equipment Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 5.4.1. Key Highlights
  - 5.4.1.1. Germany Sports Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 5.4.1.2. Germany Sports Equipment Market by End User, Value (US$ Bn), 2018 - 2031
  - 5.4.1.3. Germany Sports Equipment Market by Sales Channel, Value (US$ Bn), 2018 - 2031
  - 5.4.1.4. U.K. Sports Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 5.4.1.5. U.K. Sports Equipment Market by End User, Value (US$ Bn), 2018 - 2031
  - 5.4.1.6. U.K. Sports Equipment Market by Sales Channel, Value (US$ Bn), 2018 - 2031
  - 5.4.1.7. France Sports Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 5.4.1.8. France Sports Equipment Market by End User, Value (US$ Bn), 2018 - 2031
  - 5.4.1.9. France Sports Equipment Market by Sales Channel, Value (US$ Bn), 2018 - 2031
  - 5.4.1.10. Italy Sports Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 5.4.1.11. Italy Sports Equipment Market by End User, Value (US$ Bn), 2018 - 2031
  - 5.4.1.12. Italy Sports Equipment Market by Sales Channel, Value (US$ Bn), 2018 - 2031
  - 5.4.1.13. Turkey Sports Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 5.4.1.14. Turkey Sports Equipment Market by End User, Value (US$ Bn), 2018 - 2031
  - 5.4.1.15. Turkey Sports Equipment Market by Sales Channel, Value (US$ Bn), 2018 - 2031
  - 5.4.1.16. Russia Sports Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 5.4.1.17. Russia Sports Equipment Market by End User, Value (US$ Bn), 2018 - 2031
  - 5.4.1.18. Russia Sports Equipment Market by Sales Channel, Value (US$ Bn), 2018 - 2031
  - 5.4.1.19. Rest of Europe Sports Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 5.4.1.20. Rest of Europe Sports Equipment Market by End User, Value (US$ Bn), 2018 - 2031
  - 5.4.1.21. Rest of Europe Sports Equipment Market by Sales Channel, Value (US$ Bn), 2018 - 2031
- 5.4.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific Cassava Starch Market Outlook, 2018 - 2031

6.1. Asia Pacific Cassava Starch Market Outlook, by Product Type, Value (US$ Bn), 2018 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Up to 18 micron
  - 6.1.1.2. 18 to 50 micron
  - 6.1.1.3. 50 to 80 micron
  - 6.1.1.4. Above 80 micron
6.2. Asia Pacific Sports Equipment Market Outlook, by End User, Value (US$ Bn), 2018 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Bags & Pouches
  - 6.2.1.2. Wraps
  - 6.2.1.3. Lamination
  - 6.2.1.4. Labels
  - 6.2.1.5. Others
6.3. Asia Pacific Sports Equipment Market Outlook, by Sales Channel, Value (US$ Bn), 2018 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. Food & Beverages
  - 6.3.1.2. Floral
  - 6.3.1.3. Textile
  - 6.3.1.4. Healthcare
  - 6.3.1.5. Others
- 6.3.2. BPS Analysis/Market Attractiveness Analysis
6.4. Asia Pacific Sports Equipment Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 6.4.1. Key Highlights
  - 6.4.1.1. China Sports Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 6.4.1.2. China Sports Equipment Market by End User, Value (US$ Bn), 2018 - 2031
  - 6.4.1.3. China Sports Equipment Market by Sales Channel, Value (US$ Bn), 2018 - 2031
  - 6.4.1.4. Japan Sports Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 6.4.1.5. Japan Sports Equipment Market by End User, Value (US$ Bn), 2018 - 2031
  - 6.4.1.6. Japan Sports Equipment Market by Sales Channel, Value (US$ Bn), 2018 - 2031
  - 6.4.1.7. South Korea Sports Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 6.4.1.8. South Korea Sports Equipment Market by End User, Value (US$ Bn), 2018 - 2031
  - 6.4.1.9. South Korea Sports Equipment Market by Sales Channel, Value (US$ Bn), 2018 - 2031
  - 6.4.1.10. India Sports Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 6.4.1.11. India Sports Equipment Market by End User, Value (US$ Bn), 2018 - 2031
  - 6.4.1.12. India Sports Equipment Market by Sales Channel, Value (US$ Bn), 2018 - 2031
  - 6.4.1.13. Southeast Asia Sports Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 6.4.1.14. Southeast Asia Sports Equipment Market by End User, Value (US$ Bn), 2018 - 2031
  - 6.4.1.15. Southeast Asia Sports Equipment Market by Sales Channel, Value (US$ Bn), 2018 - 2031
  - 6.4.1.16. Rest of Asia Pacific Sports Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 6.4.1.17. Rest of Asia Pacific Sports Equipment Market by End User, Value (US$ Bn), 2018 - 2031
  - 6.4.1.18. Rest of Asia Pacific Sports Equipment Market by Sales Channel, Value (US$ Bn), 2018 - 2031
- 6.4.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America Sports Equipment Market Outlook, 2018 - 2031

7.1. Latin America Sports Equipment Market Outlook, by Product Type, Value (US$ Bn), 2018 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Up to 18 micron
  - 7.1.1.2. 18 to 50 micron
  - 7.1.1.3. 50 to 80 micron
  - 7.1.1.4. Above 80 micron
7.2. Latin America Sports Equipment Market Outlook, by End User, Value (US$ Bn), 2018 - 2031
7.3. Latin America Sports Equipment Market Outlook, by Sales Channel, Value (US$ Bn), 2018 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Food & Beverages
  - 7.3.1.2. Floral
  - 7.3.1.3. Textile
  - 7.3.1.4. Healthcare
  - 7.3.1.5. Others
- 7.3.2. BPS Analysis/Market Attractiveness Analysis
7.4. Latin America Sports Equipment Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 7.4.1. Key Highlights
  - 7.4.1.1. Brazil Sports Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 7.4.1.2. Brazil Sports Equipment Market by End User, Value (US$ Bn), 2018 - 2031
  - 7.4.1.3. Brazil Sports Equipment Market by Sales Channel, Value (US$ Bn), 2018 - 2031
  - 7.4.1.4. Mexico Sports Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 7.4.1.5. Mexico Sports Equipment Market by End User, Value (US$ Bn), 2018 - 2031
  - 7.4.1.6. Mexico Sports Equipment Market by Sales Channel, Value (US$ Bn), 2018 - 2031
  - 7.4.1.7. Argentina Sports Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 7.4.1.8. Argentina Sports Equipment Market by End User, Value (US$ Bn), 2018 - 2031
  - 7.4.1.9. Argentina Sports Equipment Market by Sales Channel, Value (US$ Bn), 2018 - 2031
  - 7.4.1.10. Rest of Latin America Sports Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 7.4.1.11. Rest of Latin America Sports Equipment Market by End User, Value (US$ Bn), 2018 - 2031
  - 7.4.1.12. Rest of Latin America Sports Equipment Market by Sales Channel, Value (US$ Bn), 2018 - 2031
- 7.4.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa Sports Equipment Market Outlook, 2018 - 2031

8.1. Middle East & Africa Sports Equipment Market Outlook, by Product Type, Value (US$ Bn), 2018 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Up to 18 micron
  - 8.1.1.2. 18 to 50 micron
  - 8.1.1.3. 50 to 80 micron
  - 8.1.1.4. Above 80 micron
8.2. Middle East & Africa Sports Equipment Market Outlook, by End User, Value (US$ Bn), 2018 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Bags & Pouches
  - 8.2.1.2. Wraps
  - 8.2.1.3. Lamination
  - 8.2.1.4. Labels
  - 8.2.1.5. Others
8.3. Middle East & Africa Sports Equipment Market Outlook, by Sales Channel, Value (US$ Bn), 2018 - 2031
- 8.3.2. BPS Analysis/Market Attractiveness Analysis
8.4. Middle East & Africa Sports Equipment Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 8.4.1. Key Highlights
  - 8.4.1.1. GCC Sports Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 8.4.1.2. GCC Sports Equipment Market by End User, Value (US$ Bn), 2018 - 2031
  - 8.4.1.3. GCC Sports Equipment Market by Sales Channel, Value (US$ Bn), 2018 - 2031
  - 8.4.1.4. South Africa Sports Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 8.4.1.5. South Africa Sports Equipment Market by End User, Value (US$ Bn), 2018 - 2031
  - 8.4.1.6. South Africa Sports Equipment Market by Sales Channel, Value (US$ Bn), 2018 - 2031
  - 8.4.1.7. Egypt Sports Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 8.4.1.8. Egypt Sports Equipment Market by End User, Value (US$ Bn), 2018 - 2031
  - 8.4.1.9. Egypt Sports Equipment Market by Sales Channel, Value (US$ Bn), 2018 - 2031
  - 8.4.1.10. Nigeria Sports Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 8.4.1.11. Nigeria Sports Equipment Market by End User, Value (US$ Bn), 2018 - 2031
  - 8.4.1.12. Nigeria Sports Equipment Market by Sales Channel, Value (US$ Bn), 2018 - 2031
  - 8.4.1.13. Rest of Middle East & Africa Sports Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 8.4.1.14. Rest of Middle East & Africa Sports Equipment Market by End User, Value (US$ Bn), 2018 - 2031
  - 8.4.1.15. Rest of Middle East & Africa Sports Equipment Market by Sales Channel, Value (US$ Bn), 2018 - 2031
- 8.4.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

9.1. By Sales Channel vs by End User Heat map
9.2. Manufacturer vs by End User Heatmap
9.3. Company Market Share Analysis, 2023
9.4. Competitive Dashboard
9.5. Company Profiles
- 9.5.1. Amer Sports.
  - 9.5.1.1. Company Overview
  - 9.5.1.2. Product Portfolio
  - 9.5.1.3. Financial Overview
  - 9.5.1.4. Business Strategies and Development
- 9.5.2. Adidas AG
  - 9.5.2.1. Company Overview
  - 9.5.2.2. Product Portfolio
  - 9.5.2.3. Financial Overview
  - 9.5.2.4. Business Strategies and Development
- 9.5.3. Callaway Golf Company.
  - 9.5.3.1. Company Overview
  - 9.5.3.2. Product Portfolio
  - 9.5.3.3. Financial Overview
  - 9.5.3.4. Business Strategies and Development
- 9.5.4. PUMA SE.
  - 9.5.4.1. Company Overview
  - 9.5.4.2. Product Portfolio
  - 9.5.4.3. Financial Overview
  - 9.5.4.4. Business Strategies and Development
- 9.5.5. Cabela's incorporated.
  - 9.5.5.1. Company Overview
  - 9.5.5.2. Product Portfolio
  - 9.5.5.3. Financial Overview
  - 9.5.5.4. Business Strategies and Development
- 9.5.6. GLOBERIDE, Inc.
  - 9.5.6.1. Company Overview
  - 9.5.6.2. Product Portfolio
  - 9.5.6.3. Financial Overview
  - 9.5.6.4. Business Strategies and Development
- 9.5.7. MIZUNO Corporation.
  - 9.5.7.1. Company Overview
  - 9.5.7.2. Product Portfolio
  - 9.5.7.3. Financial Overview
  - 9.5.7.4. Business Strategies and Development
- 9.5.8. Nike Inc.
  - 9.5.8.1. Company Overview
  - 9.5.8.2. Product Portfolio
  - 9.5.8.3. Financial Overview
  - 9.5.8.4. Business Strategies and Development
- 9.5.9. Jarden Corporation.
  - 9.5.9.1. Company Overview
  - 9.5.9.2. Product Portfolio
  - 9.5.9.3. Financial Overview
  - 9.5.9.4. Business Strategies and Development
- 9.5.10. YONEX Co, Ltd.
  - 9.5.10.1. Company Overview
  - 9.5.10.2. Product Portfolio
  - 9.5.10.3. Financial Overview
  - 9.5.10.4. Business Strategies and Development

10. Appendix

10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations