Sporting Goods Market Research Reports

The Sporting goods market is expected to grow rapidly in near future. The market includes camping equipment, exercise and fitness equipment, athletic uniforms, specialty sports footwear, apparel and accessories.

The global sports goods industry is driven by increase in media coverage of sporting events, commercialization of sports as a marketable commodity, converging of casual and athletic product designs, increase in sports popularity among the children and young adults, increase in raw material and labor costs, rising consumer income, changes in consumer taste and preferences, increase in number of young women taking up sports, Live online coverage of sporting events, take up sports as a full-time career.

The sporting goods market witnesses changes in casual design and athletic design styles due to influence of its sport celebrities for choosing branded products. The highest growth is expected in lightweight running footwear and high-performance apparel products followed by ...
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The Sporting goods market is expected to grow rapidly in near future. The market includes camping equipment, exercise and fitness equipment, athletic uniforms, specialty sports footwear, apparel and accessories.

The global sports goods industry is driven by increase in media coverage of sporting events, commercialization of sports as a marketable commodity, converging of casual and athletic product designs, increase in sports popularity among the children and young adults, increase in raw material and labor costs, rising consumer income, changes in consumer taste and preferences, increase in number of young women taking up sports, Live online coverage of sporting events, take up sports as a full-time career.

The sporting goods market witnesses changes in casual design and athletic design styles due to influence of its sport celebrities for choosing branded products. The highest growth is expected in lightweight running footwear and high-performance apparel products followed by barefoot footwear categories. The Sporting goods industry grew due to more demand needed from golf, ski, snowboard, bicycles, tennis, squash, cricket, snookers, rugby, badminton, soccer, hockey, swimming, etc.

The US and Europe contributed highest revenues globally followed by Asia-Pacific and Latin America. Asia-Pacific region is emerged as a future of sporting goods market due to increase in participation sports from this region.

China and India is the fastest growing economy as its hosts several international sporting events and domestic tournaments. Other developing countries such as Singapore, Malaysia, Vietnam, Korea, and Indonesia, are also contributing significantly to the growth in demand for sporting goods in the region. Major players of this market includes Nike, Adidas, and Dick's Sporting Goods.
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