Diving Equipment Global Market Report 2023 – By Type (Rebreather, Cylinders And Propulsion Vehicle, Decompression Chamber, Exposure Suits, Accessories, Other Types), By Depth (Recreational Diving, Clearance Diving, Saturation Diving), By End-User (Oil And Gas Industry, Naval Industry, Aquaculture Industry, Others End Users), By Distribution Channel (Specialty Store, Online, Other Distribution Channels) – Market Size, Trends, And Global Forecast 2023-2032

Recreation refers to all the activities that people choose to refresh their minds and bodies and make their free time more enjoyable and interesting. Recreation improves concentration skills and the ability to manage anxiety and stress. Enhanced social skills develop skills such as cooperation and teamwork, and a great way to have fun, meet new people and develop friendships. The main types of recreation are amusements, arts, and sports. Sports services provide live sporting events before a paying audience or entities that operate golf courses and country clubs, skiing facilities, marinas, fitness and recreational sports centers, and bowling centers. The different age groups include aged 35 and younger, aged 35-54, aged 55 and older, and involve various revenue sources such as media rights, merchandising, tickets and sponsorship. The global recreation market is segmented - 1) By Type: Amusements, Arts, Sports 2) By Age Group: Aged 35 and Younger, Aged 35-54, Aged 55 and Older 3) By Revenue Source: Media Rights, Merchandising, Tickets and Sponsorship Subsegments Covered: Amusement Parks, Gambling, Museums, Historical Sites, Zoos, And Parks, Independent Artists And Performing Art Companies, Sports And Arts Promoters, Spectator Sports, Participatory Sports The global recreation market size grew from $1,443.83 billion in 2022 to $1,900.67 billion in 2023 at a compound annual growth rate (CAGR) of 31.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global recreation market is expected to grow to $2,194.09 billion in 2027 at a CAGR of 3.7%. The recreation market growth is aided by stable economic growth forecasted in many developed and developing countries. The International Monetary Fund (IMF) stated that the global GDP growth was 3.5% in 2020, up from 3.2% in 2019. Recovering commodity prices are further expected to aid market growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than developed markets in the forecast period. For instance, India's GDP grew by 7.2%, whereas China registered a GDP growth of 6.0% in 2020. Stable economic growth is expected in end-user markets, thereby driving the market during the forecast period. This continued economic growth is expected to increase investments in the end-user markets and be a driver of the recreation market as greater affluence allows consumers to visit recreation centers. Major companies in the recreation market include China Sports Lottery, China Welfare Lottery, The Walt Disney Company, Sociedad Estatal Loterías y Apuestas del Estado S.A., Maruhan, Flutter Entertainment plc, The Hong Kong Jockey Club, Tabcorp Holdings Ltd., CJ Corp, and Oriental Land Company Ltd. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the recreation market in 2020 as governments globally imposed lockdowns and restricted domestic and international travel limiting the need for services offered by these establishments. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in the closure of recreational facilities such as amusement parks, museums, and casinos with countries entering a state of 'lockdown' and the outbreak hurt businesses throughout 2020 and into 2021. However, it is expected that the recreation market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. Amusement parks are increasingly using virtual and augmented reality technology to provide an immersive experience to customers. Virtual reality is a 3D, computer-generated environment that can interact with a person, whereas augmented reality turns an environment into a digital interface by placing virtual objects in the real world. Amusement parks are implementing this technology in rides and theater-based attractions. For instance, Plopsaland De Panne in De Panne, Belgium has a new virtual reality wooden roller coaster called Heidi The Ride, which can reach speeds of more than 43 mph. Amusement park SeaWorld has started operating a new Kraken Virtual Reality Roller Coaster in Orlando. The Weave Breaker coaster brings the reality of jet skiing in an amusement park. Universal Studios have The Walking Dead mazes with augmented reality elements. Asia-Pacific was the largest region in the recreation market share in 2022. Eastern Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the global recreation market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the recreation market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The recreation market includes revenues earned by entities by operating amusements facilities, operating facilities or providing services for cultural, entertainment, and recreational interests, providing live sporting events before a paying audience, and operating golf courses and country clubs, skiing facilities, marinas, fitness, and recreational sports centers, and bowling centers. Gambling, except casino hotels, can also be considered to be part of the recreation market. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The recreation market research report is one of a series of new reports from The Business Research Company that provides recreation market statistics, including recreation industry global market size, regional shares, competitors with a recreation market share, detailed recreation market segments, market trends, and opportunities, and any further data you may need to thrive in the recreation industry. This recreation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Oxygen concentrators are devices that separate nitrogen and oxygen from the air in the environment and provide pure oxygen to the patient. These are used for supplying oxygen to patients suffering from respiratory diseases. The main types of oxygen concentrators are portable and stationary. Portable oxygen concentrators are smaller, more mobile, affordable, and can be easily moved from one place to another. The different technologies include pulse dose, continuous flow, and others. These oxygen concentrators are used for supplying oxygen for patients suffering from chronic obstructive pulmonary disease (COPD), lung cancer, pneumonia, other respiratory system diseases and are used by hospitals, home care, others. The global oxygen concentrators market is segmented - 1) By Type: Portable, Stationary 2) By Technology: Pulse Dose, Continuous Flow, Other Technologies 3) By Application: Chronic Obstructive Pulmonary Disease (COPD), Lung Cancer, Pneumonia, Other Applications 4) By End User: Hospitals, Home Care, Other End Users The global oxygen concentrators market size grew from $2.83 billion in 2022 to $3.01 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the oxygen concentrators market is expected to grow to $4.06 billion in 2027 at a CAGR of 7.8%. The increase in the prevalence of respiratory disorders across the globe contributes to the growth of the oxygen concentrators market. Globally, asthma and chronic obstructive pulmonary disease (COPD) are the most common chronic respiratory diseases. According to the Forum of International Respiratory Societies (FIRS), 384 million people suffer from COPD, and 3 million people die every year. Therefore, the increase in the prevalence of respiratory disorders is driving the growth of the oxygen concentrators market. Major players in the oxygen concentrators market are Koninklijke Philips N.V., Invacare Corporation, DeVilbiss Healthcare LLC, Nidek Medical, Inogen, O2 Concepts, Teijin Limited, Supera Anesthesia Innovations, GCE Group, CAIRE Inc., Precision Medical Inc., ResMed, Linde, Longfian Scitech, and OxyGo. Companies in the oxygen concentrators market are increasingly investing in technologies such as artificial intelligence and low-cost portable devices to improve the functionality of these oxygen concentrators. There has been a growing demand for portable, low-cost concentrators owing to the pandemic. For instance, in March 2021, a team of researchers at MIT’s Electrochemical Energy Lab (EEL) launched a low-cost portable concentrator that can be adopted in places with limited infrastructure and high demand. The companies such as Servotech Power Systems, an India-based manufacturer of LED lights and solar products is manufacturing the noiseless, lightweight, and portable oxygen concentrator equipment that provides a constant flow of oxygen and can be easily adjusted to meet the needs of the patient. In May 2021, OxyGo LLC, a manufacturer of portable oxygen concentrators, acquired LIFE Corporation for an undisclosed amount. Through this acquisition, OxyGo can offer services to compressed gas users, and the company can also expand its oxygen expertise by providing better products and services using LIFE corporation expertise. Life Corporation is an India-based company that manufactures portable emergency oxygen and CPR administration equipment. North America was the largest region in the oxygen concentrators market in 2022. Europe was the second-largest region in the oxygen concentrators market share. The regions covered in the oxygen concentrators market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the oxygen concentrators market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The oxygen concentrators market consists of sales of Compressed gas systems, Portable oxygen concentrators (POCs), and Liquid oxygen systems. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The oxygen concentrators market research report is one of a series of new reports from The Business Research Company that provides oxygen concentrators market statistics, including oxygen concentrators industry global market size, regional shares, competitors with a oxygen concentrators market share, detailed oxygen concentrators market segments, market trends and opportunities, and any further data you may need to thrive in the oxygen concentrators industry. This oxygen concentrators market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Sporting and athletic goods refer to technical fabrics that keep the wearer at ease while exercising. The level of activity and exercise will determine the sort of clothing needed, including ball gloves and helmets. They are used to produce sporting and athletic goods, except clothing and footwear. The main types of sporting and athletic goods are fishing equipment, skating and skiing equipment, golf equipment and other sporting equipment. Fishing equipment refers to any dredge, tool, net, line, instrument, device, gear, harpoon, spear, hook, or hook and line used in the catching of fish for sport and recreation activities. The various materials include plastics, wood, metal, others and is distributed through online stores, speciality stores, convenience/departmental store and others. The global sporting and athletic goods market is segmented – 1) By Type: Fishing Equipment, Skating And Skiing Equipment, Golf Equipment, Other Sporting Equipment 2) By Distribution Channel: Online Stores, Speciality Stores, Convenience/Departmental Store, Other Distribution Channels 3) By Material: Plastics, Wood, Metal, Other Materials The global sporting and athletic goods market size will grow from $165.28 billion in 2022 to $179.1 billion in 2023 at a compound annual growth rate (CAGR) of 8.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of sporting and athletic goods is expected to grow to $238.89 billion in 2027 at a CAGR of 7.5%. The sporting and athletic goods manufacturing market is expected to benefit from steady economic growth forecasted for many developed and developing countries. The International Monetary Fund (IMF) stated that the global GDP growth was 3.3% in 2020 and 3.4% in 2021. Recovering commodity prices, after a decline in the historic period is further expected to be a significant factor driving economic growth. The US economy is expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. Greater economic growth is likely to drive public and private investments, joint ventures, foreign direct investments in the end-user markets, thereby driving the market during forecast period. Major companies in the sporting and athletic goods market include Decathlon S.A, Amer Sports Corporation, Callaway Golf Company, Nike, Inc., Adidas AG, Puma SE, Globeride, Inc., Newell Brands Inc., YONEX Co., Ltd., and Mizuno Corporation. The outbreak of Corona virus disease (COVID-19) has acted as a massive restraint on the sporting and athletic goods manufacturing market in 2022 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and spread globally including Western Europe, North America and Asia. Steps by national governments to contain the transmission have resulted in halting of manufacturing activities and a decline in economic activity with countries entering a state of 'lock down' and the outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the sporting and athletic goods market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy. 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 and successively adding multiple layers of material. The sports goods industry has fast-changing customer demands and requirements for product performance. Additive manufacturing enables the manufacturer to fulfill those demands by providing an efficient approach to rapid prototyping. Therefore, a manufacturer can produce a specific design depending on the individual’s prototype. For example, Asics Corporation, a Japanese company specializing in the production of sportswear and athletic equipment, will launch ACTIBREEZE in July 2022. ACTIBREEZE is a ground-breaking geometric structure, made possible by a parametric design method and cutting-edge 3D printing technology, featured in an inventive 3D printed sandal that is specifically made to support the body and mind of a recovering athlete. This structure provides the wearer with outstanding comfort and protection. Asia-Pacific was the largest region in the sporting and athletic goods market in 2022. Western Europe was the second largest region in the sporting and athletic goods market share. The regions covered in the sporting and athletic goods market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the sporting and athletic goods market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The sporting and athletic goods market consists of sales of ropes and cords, sails, skates, skis, sleds, and sleeping bags, retail, and rubber material. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The sporting and athletic goods market research report is one of a series of new reports from The Business Research Company that provides sporting and athletic goods market statistics, including sporting and athletic goods industry global market size, regional shares, competitors with a sporting and athletic goods market share, detailed sporting and athletic goods market segments, market trends and opportunities, and any further data you may need to thrive in the sporting and athletic goods industry. This sporting and athletic goods market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Swimwear refers to garments and accessories worn by those who participate in water-based activities or sports like swimming, beach volleyball, surfing, jet skiing, and leisure activities such as sunbathing and others. Swimwear is worn not only while swimming but also for pool parties and other outdoor places such as resorts, beaches, and others. The main type of swimwear includes women’s swim wear, men’s swimwear, and googles and swim caps. The women’s swimwear refers to garments and accessories worn by women during water-based activities. The fabrics used in the manufacturing of swimwear includes nylon, polyester, spandex, and others, and they are worn by men, women and kids. These products are distributed through online and offline channels. The global swimwear market is segmented – 1) By Type: Women's Swimwear, Men's Swimwear, Goggles and Swim Caps 2) By Fabric Type: Nylon, Polyester, Spandex, Other Fabric Types 3) By End-User: Men, Women, Kids 4) By Distribution Channel: Online Stores, Offline Stores The global swimwear market size will grow from $21.18 billion in 2022 to $22.6 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of swimwear is expected to grow to $28.84 billion in 2027 at a CAGR of 6.3%. Growing consumer inclination towards water activities is expected to propel the growth of the swimwear market. The rising popularity of sports activities, particularly for health reasons and the growing number of international water sporting events, are pushing consumers to participate in water sports and recreational activities. According to a study published in “Trends in Outdoor Swimming Report”, the participation in outdoor swimming across the UK increased by 1.5 and 3 times between 2019 and 2020. Overall, there has been an upsurge in outdoor swimming owing to health and recreational benefits, and equally contributing to the growth of the swimwear market. Major players in the swimwear market market are American Apparel, Inc., Arena Italia S.p.A, Diana Sport, Eveden Group, Jantzen, Inc., La Perla Group, Haddow Group PLC., Nike Inc., Swimwear Anywhere, Inc., Adidas AG, Dick's Sporting Goods, Gap Inc., Phillips-Van Heusen Corporation (PVH Corp), NOZONE Clothing Limited, O'Neill, Inc., PARAH S.p.A., Pentland Group plc., Speedo International Ltd., TYR Sport, Seafolly, Seaspray Swimwear, Tefron, LVMH Moet Hennessy Louis Vuitton, Chantelle Group, SUNSETS Inc., DOLFIN SWIMWEAR, and Jockey International Inc., Puma SE. Developing fabrics that improve their elasticity and efficacy is a key trend in the swimwear market. Elasticity is crucial in swimwear as it shapes the body and keeps the garment firmly against your body. The elastic in swimwear withstands chlorinated water, salt water, and the sun. The companies operating in the swimwear market are developing innovative fabrics to meet customer-centric demands and increase comfort. For instance, in May 2021, MeUndies, a US-based manufacturer of activewear launched a new swimwear collection manufactured with fabric sourced from recycled plastic bottles and recycled nylon material. The new fabric is eco-friendly, soft, super-elastic in nature and safe for oceans. In March 2022, Victoria’s Secret & Co., an American lingerie, clothing, and beauty retailer, acquired a minority interest in Frankies Bikinis, LLC for an undisclosed amount. Through this acquisition, Victoria’s Secret & Co. is focused on expanding its product portfolio and enter the beachwear market. Frankies Bikinis LLC is a US-based manufacturer of swimwear, apparel and other clothing products. Asia-Pacific was the largest region in the swimwear market in 2022. The regions covered in the swimwear market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the swimwear market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The swimwear market consists of sales of boardshorts, jammers, swim trunks, briefs, thongs, G-strings, one-piece, and bikinis. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The swimwear market research report is one of a series of new reports from The Business Research Company that provides swimwear market statistics, including swimwear industry global market size, regional shares, competitors with a swimwear market share, detailed swimwear market segments, market trends, and opportunities, and any further data you may need to thrive in the swimwear industry. This swimwear market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Sports are group games and individual activities that involve physical activity and skills. Sports help to overcome adversities and win. Playing sports helps release pressure and tension in a healthy and controlled way, and improves mood, and concentration. The main types of sports are spectator sports and participatory sports. Spectator sports include the presentation of sporting events by teams and clubs or independent athletes. The various sources of revenue are media rights, merchandising, tickets, and sponsorship and involve different ownerships including chained, and standalone. The global sports market is segmented - 1) By Type: Spectator Sports, Participatory Sports 2) By Revenue Source: Media Rights, Merchandising, Tickets, Sponsorship 3) By Ownership: Chained, Standalone Subsegments Covered: Sports Team & Clubs, Racing & Individual Sports, Golf Courses And Country Clubs, Skiing Facilities, Marinas, Fitness And Recreational Sports Centers, Bowling Centers, Other Participatory Sports The global sports market size grew from $486.61 billion in 2022 to $512.14 billion in 2023 at a compound annual growth rate (CAGR) of 5.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global sports market is expected to grow to $623.63 billion in 2027 at a CAGR of 5.0%. The market is expected to benefit from the steady economic growth forecasted for many developed and developing countries. The International Monetary Fund (IMF) stated that the global real GDP growth was 3.7% in 2019 and 2020 and 3.6% from 2021 to 2023. Recovering commodity prices are further expected to be a significant factor driving economic growth. The US economy is expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than developed markets in the forecast period. For instance, India’s GDP grew at 8.7% in 2021-22, up by 1.5% compared to 2019-20, whereas China registered a GDP growth of 8.1% in 2021. This continued economic growth is expected to drive the demand for growth of sports market. Major companies in the market include Maruhan, Life Time Fitness, Inc., Liberty Media Corporation, Futbol Club Barcelona, Dallas Cowboys, Heiwa Corporation, Manchester City F.C., New York Yankees, Manchester United Football Club, and Juventus. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the sports market in 2020 as governments globally imposed lockdowns and restricted domestic and international travel limiting the need for services offered by these establishments. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in the closure of recreational facilities with countries entering a state of 'lockdown' and the outbreak hurt businesses throughout 2020 and into 2021. However, it is expected that the sports market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. Sports organizers are implementing virtual reality (VR) technology to improve the spectators’ experience in sporting events. Virtual reality generates images, sounds, and other sensations that simulate a physical presence in an imaginary environment. Clubs and teams are experimenting with simulated and 360-degree environments to enhance the match viewing experience of the spectators by allowing them to have a virtual walkthrough of the stadium or the race track and view the match from different angles. For instance, the NBA game between the Sacramento Kings and San Antonio Spurs was broadcasted in VR. NASCAR has created an interactive fan area at the race tracks with the implementation of virtual reality. North America was the largest region in the sports market share in 2022. Africa is expected to be the fastest-growing region in the forecast period. The regions covered in the global sports market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the sports market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The sports market includes revenues earned by entities by providing services like live sporting events before a paying audience or entities that operate golf courses and country clubs, skiing facilities, marinas, fitness, and recreational sports centers, and bowling centers. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The sports market research report is one of a series of new reports from The Business Research Company that provides sports market statistics, including sports industry global market size, regional shares, competitors with a sports market share, detailed sports market segments, market trends, and opportunities, and any further data you may need to thrive in the sports industry. This sports market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Sporting goods, hobby, musical instrument, and book stores are stores that are engaged in retailing new toys, games, crafts, pottery items, different books, bicycles and bicycle parts, camping equipment, exercise and fitness equipment, athletic uniforms, specialty sports footwear, and other sporting goods, equipment, and accessories. The major types of sporting goods, hobbies, musical instruments, and book stores are sporting goods stores, hobby, toy, and game stores, music instrument and supply stores, and other stores. Stores that sell mostly sporting goods, athletic clothes, equipment, and other things with a sports theme are known as sporting goods stores. The forms of ownership are the retail chain and the independent retailer. The global sporting goods, hobby, musical instrument, and book stores market is segmented - 1) By Type: Sporting Goods Stores, Hobby, Toy, Game Stores, Musical Instrument And Supplies Stores, Other Sporting Goods, Hobby, Musical Instrument, Book Stores 2) By Ownership: Retail Chain, Independent Retailer 3) By Type of Store: Exclusive Retailers/Showroom, Inclusive Retailers/Dealer Store The global sporting goods, hobby, musical instrument, and book stores market size will grow from $468.13 billion in 2022 to $500.41 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of sporting goods, hobby, musical instrument, and book stores market is expected to grow to $628.41 billion in 2027 at a CAGR of 5.9%. The sporting goods, hobby, musical instrument, and book stores market is expected to benefit from steady economic growth forecasted for many developed and developing countries. According to International Monetary Fund, the global GDP growth was 3.3% in 2020 and 3.4% in 2021. Recovering commodity prices, after a decline in the historic period is further expected to be a significant factor driving economic growth. The US economy is expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. Greater economic growth is likely to drive public and private investments, joint ventures, foreign direct investments in the end-user markets, thereby driving the market during the forecast period. Major companies in the sporting goods, hobby, musical instrument, and book stores market include Decathlon S.A, Dick's Sporting Goods Inc., Frasers Group Plc, BPS Direct L.L.C. (Bass Pro Shops), Guitar Center Inc., Canadian Tire Corporation Limited, Recreational Equipment Inc., Sportsman's Warehouse, Hibbett Sports Inc., and Thomann GmbH. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the sporting goods, hobby, musical instrument market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in manufacture and trade of non-essential goods and an overall decline in economic activity with countries entering a state of 'lock down' and the outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the sporting goods, hobby, musical instrument market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy Many sporting goods manufacturers are investing in achieving customization and personalization. With an increasing number of online users, changing demographics, and increased per-capita income, demand for unique and custom-made products have gained demand. Global sporting goods manufacturers such as Nike, Adidas, Puma, ASICS, Sketchers, Fila, etc., are investing more into this. Race Sporting Goods has launched customized sporting clothes to cater to the demands of customers. Western Europe was the largest region in the sporting goods, hobby, musical instrument, and book stores market in 2022. Asia-Pacific was the second-largest region in the sporting goods, hobby, musical instrument, and book stores market. The regions covered in the sporting goods, hobby, musical instrument, and book stores market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the sporting goods, hobby, musical instrument, and book stores market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The sporting goods, hobby, musical instrument, and book stores market includes revenues earned by entities by providing services through specialty stores, supermarkets, and hypermarkets. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The sporting goods, hobby, musical instrument, and book store market research report is one of a series of new reports from The Business Research Company that provides sporting goods, hobby, musical instrument, and book store market statistics, including sporting goods, hobby, musical instrument, and book store industry global market size, regional shares, competitors with a sporting goods, hobby, musical instrument, and book store market share, detailed sporting goods, hobby, musical instrument, and book store market segments, market trends and opportunities, and any further data you may need to thrive in the sporting goods, hobby, musical instrument, and book store industry. This sporting goods, hobby, musical instrument, and book store market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Participatory sport is a sport in which people participate in any sporting event. Team sports participation builds confidence, promotes health and well-being, and can help maintain mental health. Participating in youth sports can lead to immediate and long-term benefits for youth, their families, and communities. The main types of participatory sports are golf courses and country clubs, skiing facilities, marinas, fitness, and recreational sports centers, bowling centers, and other participatory sports. A marina is a dock, particularly one for sailboats and yachts. The various sources of revenue include membership, merchandising, and others and are owned by chained and standalone ownership. The global participatory sports market is segmented - 1) By Type: Golf Courses And Country Clubs, Skiing Facilities, Marinas, Fitness And Recreational Sports Centers, Bowling Centers, Other Participatory Sports 2) By Revenue Source: Membership, Merchandising, Other Revenue Souces 3) By Ownership: Chained, Standalone The global participatory sports market size grew from $312.33 billion in 2022 to $326.80 billion in 2023 at a compound annual growth rate (CAGR) of 4.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global participatory sports market is expected to grow to $390.28 billion in 2027 at a CAGR of 4.5%. Fitness and health clubs are offering instructor-led group fitness classes combining workout formats. These combined formats mix traditional exercises to make exercising fun for people. Popular combined fitness formats include cycling and boxing, treadmill running and strength training, rowing and bodyweight training, battle rope training, and high-intensity interval training (HIIT). This enables fitness trainers to effectively engage members during the exercise. These fitness formats enhance the workout experience and produce better results than traditional exercises. Hashing, ZUU, Clubbercise, Gorilla Circus, and Zumba steps are common combined fitness formats. Major companies in the market include Maruhan, Life Time Fitness, Inc., Heiwa Corporation, Konami Holdings Corporation, Town Sports International Holdings, Inc., Accordia Golf, Compagnie des Alpes, Planet Fitness, LLC, Ardent Leisure Group Ltd., and The Gym Group PLC. Gyms and fitness clubs have started focusing on different age groups keeping the needs and preferences of consumers. The age groups between 20 – 65 years have different physical fitness needs. The younger age groups need intense muscle-building exercises such as pull-ups, dumbbell bench presses, and barbell curls, while the older age groups need high-impact traditional cardio workouts and low-impact fitness classes such as yoga and tai chi. The gyms and fitness clubs have started to offer a range of fitness programs to attract young as well as older consumers. For instance, in September 2021, Sportyze, an Indian-based chain of Kids Gym, launched its online offerings, in order to reach a wider audience and make it easier for more children to avail of its services. The program includes an extension of Sportyze's offline services. North America was the largest region in the participatory sports market share in 2022. Africa is expected to be the fastest-growing region in the forecast period. The regions covered in the global participatory sports market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the participatory sports market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The participatory sports market includes revenues earned by entities by operating golf courses and country clubs, skiing facilities, marinas, fitness, and recreational sports centers, and bowling centers. Participatory sports revenues come from participants and player attendants. This market includes sales from entry fees, merchandise, and other related goods and services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The participatory sports market research report is one of a series of new reports from The Business Research Company that provides participatory sports market statistics, including participatory sports industry global market size, regional shares, competitors with a participatory sports market share, detailed participatory sports market segments, market trends and opportunities, and any further data you may need to thrive in the participatory sports industry. This participatory sports market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Argon is a chemical element known as a Nobel gas (inert gas) that is isolated on a large scale by fractional distillation of liquid air and can be converted into colorless liquid form by lowering the temperature to below-186 degrees. Argon is frequently used when there is a requirement for inert atmosphere. The main phases of argon are liquid and gas. The liquid is flowing freely like water. Argon is used for functions such as cooling, illumination, and illusion. These are used by end users such as metal manufacturing and fabrication, chemicals, energy, healthcare, electronics, food and beverage, and other sectors. The global argon market is segmented - 1) By Phase: Liquid, Gas 2) By Function: Cooling, Illumination, Illusion 3) By End Userr: Metal manufacturing & fabrication, Chemicals, Energy, Healthcare, Electronics, Food & beverage, Other End-Users (includes scuba diving, automotive & transportation equipment) The global argon market size will grow from $6.06 billion in 2022 to $6.84 billion in 2023 at a compound annual growth rate (CAGR) of 12.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global argon is expected to grow from $10.28 billion in 2027 at a CAGR of 10.7%. The argon gas market is expected to be driven by the growing demand from the electronics industry. As argon gas provides an inert atmosphere needed for rapid cooling and heating of materials, it will be widely used for manufacturing semiconductors, flat panels, solar PV cells, and microelectronic devices in the electronics industry. The electronics industry has more scope due to the growth in the technology market, especially in Asia-Pacific, which is driving the requirement for advanced semiconductor components and a high reliance on specialty gases such as argon. Major players in the argon market are Airgas, Air Liquide, Linde, Messer Group, Praxair, Air Water, Air Products, American Gas Group, BASF, Buzwair, and Eurochem. Rising costs had a negative impact on the growth of the argon gas market. This rise in raw material costs resulted in higher manufacturing costs, thus decreasing the investments available for research and development of new products. Additionally, companies invested heavily in marketing their products due to intense competition in the market. Rising trucking, railroad, dry-bulk, and air-freight rates also negatively impacted the market. This rise in operating costs increased the pressure on companies to protect margins while maintaining the quality of their products. Many chemical manufacturers are adopting IoT (Internet of Things) technologies to connect equipment and smart devices to garner real-time insights and locate gaps in the manufacturing process. The data obtained through these devices is processed, analyzed, and interpreted by plant managers and senior-level management to improve quality and achieve optimum production levels. For example, smart systems give information on the working condition and performance of chemical reactors with embedded software and analytics tools to notify plant operators and managers of possible machine breakdowns. Major industrial gas manufacturers adopting IoT technology include Praxair-Linde and Air Products. In December 2020, Air Products & Chemicals, a US corporation, purchased the Oxygen and Argon works for NIS 575 million ($176.84 million). This acquisition aids Air Products & Chemicals' business expansion and rapid growth potential. Israel's Oxygen & Argon Works is Israel's leading producer of industrial gases, including helium, oxygen, hydrogen, and argon. Asia-Pacific was the largest region in the argon market in 2022. North America was the second-largest region in the global argon market share. The regions covered in the argon market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the argon market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, the USA, and Australia. The argon market consists of the sales of argon used in refrigeration, cryosurgery, airbag inflation, fire extinguishing, and spectroscopy. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The argon market research report is one of a series of new reports from The Business Research Company that provides argon market statistics, including argon industry global market size, regional shares, competitors with an argon market share, detailed argon market segments, market trends and opportunities, and any further data you may need to thrive in the argon industry. This argon market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.