Sporting Goods Market 2018-2025


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2019-01-11 06:19:43
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Sporting Goods Market is Projected to Register a CAGR of 3.9% over the forecast period.

Research Methodology:

Primary research: Interviews of various industry experts and supplement this with the best secondary sources for each study. The break-up of primary research is as follows:

By Company Type-  Tier 1: 40%, Tier 2: 32% & Tier 3: 28%

By Designation: C-Level Executives: 38%, Directors: 24% & Managers: 28%.

By Region- North America: 27%, Europe: 22%, Asia Pacific:30%, Rest of World:21%

Secondary research: Secondary sources and exclusive data and analytics with in-depth reporting.

Data Triangulation: After gaining insights from primary and secondary research, the research team analyzes data about the latest trends and key issues in reference to each country and industry and present it in report.

Market Segmentation:

By Technology:

Ball Sports

Adventurous Sports

Fitness Equipment

Golf Equipment

Sports Equipment

Athletic Footwear

Athletic Apparels

By Distribution Channel:

Offline Stores

Hypermarket/supermarket

Convenience/Departmental Store

Specialty Store

Online Stores

Regional Segmentation:

North America (U.S. & Canada), Europe (Germany, UK, France, Italy, Spain, Russia, Poland, Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Malaysia, Singapore, Australia, Rest of Asia-Pacific), Latin America (Brazil, Mexico, Rest of Latin America) and Middle East & Africa (GCC, South Africa, North Africa and Rest of Middle East & Africa)

Market Size & Forecast:

The market of sporting goods is expected to observer a CAGR (Compound Annual Growth Rate) of 3.9% globally by the end of 2025. The market is estimated to reach at a significant value at the end of forecasted period.

Regionally, North America region dominated the market of sporting goods in 2017. Additionally, in the United States, sporting goods market is a billion dollar industry.

Further, sales through stores in the United States are amounted to more than USD 43 billion annually.

Market Drivers, Trends, Opportunities and Restraints:

Drivers:

Exponential growth in the retail industry, rising disposable income of consumers and inclination of government towards sports and support for sport activities in many countries, are some of the factors bolstering the growth of sporting goods market.

 

 

Research Scope

- Overview of Main Industry Events and Analysis of Their Market Impact

- Executive Summary

- Market Drivers, Trends, Challenges and Opportunities

- Market Size and Forecast Projections

- Estimating Market Access in Each Region and Implications of the Emerging Technologies in the Market

- Macroeconomic Indicators of Various Countries Impacting the Growth of the Market

- Extensive Coverage of Industry Players including Recent Product Launches and Market Activities

- BCG Growth Share Matrix

- Porter’s Five Force Analysis

 

Reasons to Buy

The report will facilitate you to:

- Cultivate and design your in-licensing and out-licensing strategies through a review of marketed products and technologies.

- Develop business tactics by understanding the trends molding and thriving the market.

- Drive revenues by considering the vital trends, pioneering products and technologies, market segments and companies likely to impact the market in the future.

- Formulate effective sales and marketing strategies by examining the competitive landscape and by evaluating the performance of various competitors.

- Recognize emergent players with potentially strong product portfolios and develop effective counter-tactics to gain a competitive advantage.

- Unify your sales and marketing labors by recognizing the market segments that present utmost opportunities for consolidations, investments and strategic partnerships.

Market Players:

Nike Inc., Adidas AG, Puma SE, Amer Sports Corporation, VF Corporation, Asics Corporation, Under Armour Inc., Brooks Sports Inc., The North Face, Inc., YONEX Co. Ltd., MIZUNO Corporation, Skechers USA, Inc. and Converse Inc. are some of the major players dominating the sporting goods market globally.

 

 

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