Global Sporting And Athletic Goods Market Trends And Strategies Of Major Players In The Sporting And Athletic Goods Market 2021-2030

2 Apr, 2021

The sporting and athletic goods market consists of sales of sporting and athletic goods by entities (organizations, sole traders and partnerships) that produce sporting and athletic goods, except clothing and footwear. The sporting and athletic goods market is segmented into fishing equipment, skating and skiing equipment, golf equipment and other sporting equipment.

Global Sporting And Athletic Goods Market Size And Drivers:

The global sporting and athletic goods market is expected to grow from $96.21 billion in 2020 to $110.33 billion in 2021 at a compound annual growth rate (CAGR) of 14.7%. The market is expected to reach $142.84 billion in 2025 at a CAGR of 7%. The sporting and athletic goods manufacturing market is expected to benefit from steady economic growth forecasted for many developed and developing countries.

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Trends In The Global Sporting And Athletic Goods Market

Additive manufacturing is growing as an important trend as the sports goods industry has become competitive. Additive manufacturing involves building three dimensional objects using digital models by successively adding multiple layers of material. The sports goods industry has fast-changing customer demands and requirements in product performance. Additive manufacturing enables the manufacturer to fulfil those demands by providing an efficient approach to rapid prototyping.

Global Sporting And Athletic Goods Market Segments:
The global sporting and athletic goods market is further segmented based on type, distribution channel, material and geography.
By Type: Fishing Equipment, Skating And Skiing Equipment, Golf Equipment, Other Sporting Equipment.
By Distribution Channel: Online Stores, Specialty Stores, Convenience/Departmental Store, Others.
By Material: Plastics, Wood, Metal, Others.
By Geography: The global sporting and athletic goods market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global sporting and athletic goods market, accounting for 48% of the total market.

Read More On The Report For The Global Sporting And Athletic Goods Market At:

https://www.thebusinessresearchcompany.com/report/sporting-and-athletic-goods-global-market-report-2020-30-covid-19-impact-and-recovery

Sporting And Athletic Goods Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides sporting and athletic goods market overviews, analyzes and forecasts market size and growth for the global sporting and athletic goods market, sporting and athletic goods market share, sporting and athletic goods market players, sporting and athletic goods market segments and geographies, sporting and athletic goods market’s leading competitors’ revenues, profiles and market shares. The sporting and athletic goods market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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