Sporting And Athletic Goods Global Market Report 2023 – By Type (Fishing Equipment, Skating And Skiing Equipment, Golf Equipment, Other Sporting Equipment), By Distribution Channel (Online Stores, Speciality Stores, Convenience or Departmental Store, Other Distribution Channels), By Material (Plastics, Wood, Metal, Other Materials) – Market Size, Trends, And Global Forecast 2023-2032

Athletic footwear refers to a variety of types of shoes that are designed to take into account the particular movements involved in various sports and are used while participating in sports, exercise, or leisure activities. Athletic footwear provides sports-specific levels of cushioning, stability, traction, flexibility, and durability. The main types of athletic footwear include running shoes, sports shoes, trekking/hiking shoes, and others. Running shoes refer to shoes designed for running and jogging activities. Running shoes are made for forwarding movement and safeguard both the front and back of your foot. They may aid in the prevention of shin splints, stress fractures, tendonitis, and other issues. They are used by men, women and kids, and they are distributed through supermarkets/hypermarkets, speciality stores, brand outlets, and online channels. The global athletic footwear market is segmented - 1) By Product Type: Running Shoes, Sports Shoes, Trekking/Hiking Shoes, Other Product Types 2) By End User: Men, Women, Kids 3) By Distribution Channel: Hypermarkets/Supermarkets, Specialty Stores, Brand Outlets, Online Channels The global athletic footwear market size grew from $77.5 billion in 2022 to $81.85 billion in 2023 at a compound annual growth rate (CAGR) of 5.6%. 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 athletic footwear market size is expected to grow to $102.06 billion in 2027 at a CAGR of 5.7%. The rising number of sports tournaments is expected to propel the growth of the athletic footwear market. Sports tournaments refer to competitions, in which large sections of players compete against each other in a specific format to determine the overall winner. Individuals are increasingly participating in local or regional tournaments, to display their skills and represent themselves on the global stage for their country. Sports professionals and enthusiasts enrolled in various sports tournaments are mandated to wear athletic footwear to conduct a safe and competitive tournament. For instance, In February 2020, the International Cricket Council (ICC), the governing body of cricket, figured that T20 international cricket had witnessed a 14% growth in global participation. There was a 110% increase in associate member women's T20 matches. Therefore, the rising number of sports tournaments will drive the growth of the athletic footwear market during the forecast period. Major players in the athletic footwear market are Adidas AG, ASICS Corporation, Fila, Under Armour, Lotto Sport, New Balance, Vans, Nike, Puma, Skechers, K-Swiss, Wolverine World Wide, BATA, Columbia Sportswear, and The Aldo Group. The use of recycled material in shoe manufacturing is a key trend gaining popularity in the athletic footwear market. The companies operating in athletic footwear are focusing on utilizing recycled materials in shoes to reduce the carbon footprint, and meet their organization’s specific sustainable goals. For instance, In April 2022, Decathlon S.A., a French sporting goods company launched Traxium Compressor, a football shoe completely manufactured from recycled thermoplastic derived from end-of-life sporting goods such as plastic balls, shoes, and others. Additionally, in June 2021, Adidas, a manufacturer of apparel, shoes, clothing, and accessories, launched the Solarthon golf shoes, whose upper parts are made from 50% recycled parley ocean plastic. In March 2022, Authentic Brands Group (ABG), an American brand management company, acquired Reebok from Adidas AG for $2.5 billion. Post-acquisition, ABG is focused on establishing Reebok Design Group (RDG) in partnership with SPARC Group, for design, development, and innovation for footwear and apparel. Adidas AG is a Germany-based manufacturer of shoes, clothing, and accessories. North America was the largest region in the athletic footwear market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the athletic footwear market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the athletic footwear market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The athletic footwear market consists of sales of walking shoes, court sport shoes, minimalist shoes, hockey shoes, and climbing shoes. 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 athletic footwear market research report is one of a series of new reports from The Business Research Company that provides athletic footwear market statistics, including athletic footwear industry global market size, regional shares, competitors with an athletic footwear market share, detailed athletic footwear market segments, market trends and opportunities, and any further data you may need to thrive in the athletic footwear industry. This athletic footwear market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios 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.

General manufactured goods are products that are created primarily through the application of labor and capital to raw materials and other intermediate inputs. Therefore, manufactured products are the polar opposite of primary goods but also comprise intermediate and final commodities. The main types of general manufactured goods are jewelry and silverware, sporting and athletic goods, doll, toy, and game, office supplies (except paper), sign, all other miscellaneous manufactured goods. Jewelry is garment ornamentation such as rings, bracelets, and chains. It is frequently fashioned of a rich metal, such as gold, and is occasionally embellished with precious gems. The products are distributed through hypermarket/supermarket; convenience/departmental store; specialty store; online store and other channels. The global general manufactured goods market is segmented - 1) By Type: Jewelry And Silverware, Sporting And Athletic Goods, Doll, Toy, And Game, Office Supplies (except Paper), Sign, All Other Miscellaneous Manufactured Goods 2) By Distribution Channel: Hypermarket/Supermarket, Convenience/Departmental Store, Specialty Store, Online Store, Other Distribution Channels Subsegments Covered: Jewelry, Silverware, Fishing Equipment, Skating And Skiing Equipment, Golf Equipment, Other Sporting Equipment, Electronic Toys, Non - Electronic Toys Traditional Billboards And Signs, Digital Billboards And Signs, Other Sign, Gasket, Packing, And Sealing Device, Musical Instrument, Fastener, Button, Needle, And Pin, Broom, Brush, And Mop, Burial Casket, Other Miscellaneous Manufactured Goods The global general manufactured goods market size will grow from $950.75 billion in 2022 to $1016.31 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 market size of global general manufactured goods is expected to grow to $1289.06 billion in 2027 at a CAGR of 6.1%. The rise in household income is expected to propel the growth of general manufactured goods market going forward. The sum of all household members' gross monthly income is referred to as the household income. A general principle is that as aggregate demand rises, there is also an increase in household wealth, and this in turn leads to an increase in disposable income thereby increasing consumer spending on various types of goods that also include generally manufactured goods. According to May 2022, data by CNBC, a US-based news company, the fourth quarter of 2021 saw the household net worth of Americans surpass $150 trillion for the first time, increasing at a solid 8.2% annual rate from the third quarter, the quickest rate of increase since the first quarter of 2020. Thus, a rise in household income is expected to drive the growth of the generally manufactured goods market going forward. Major companies in the general manufactured goods market include Rajesh Exports, Decathlon S.A, Compagnie Financiere Richemont SA, The Lego Group, Hasbro Inc., Mattel Inc., Tiffany & Co., Pandora A/S, Newell Brands Inc. and Berkshire Hathaway Inc. The practice of using 3D printing in general manufacturing is becoming more common. 3D technology allows manufacturers to create a complete self-supporting object. This technology enables manufacturers to produce complex objects that are light and reliable. Greater flexibility and customization are the other major advantages of 3D printing technology. Asia-Pacific was the largest region in the general manufactured goods market in 2022. Western Europe was the second largest region in the general manufactured goods market share. The regions covered in the general manufactured goods market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the general manufactured 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, Vietnam. The general manufacturing goods market consists of sales of apparel, fabrics, wood products, and plastic products. 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 general manufactured goods market research report is one of a series of new reports from The Business Research Company that provides general manufactured goods market statistics, including general manufactured goods industry global market size, regional shares, competitors with a general manufactured goods market share, detailed general manufactured goods market segments, market trends and opportunities, and any further data you may need to thrive in the general manufactured goods industry. This general manufactured 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.

Sports and arts promoter’s services refer to the services that attempt to establish and maintain contacts, such as obtaining media attention and gallery shows, in order to promote an artist and their work. A sports promoter is a person who attempts to establish and maintain contacts, such as obtaining media attention and advertising sports shows, to promote any sports event, teams, area, and athletic personalities. The main types of sports and arts promoters are sports promoters and arts promoters. Arts promoters attempt to establish and maintain contacts, such as obtaining media attention and gallery shows, to promote an artist and their work. The various end users include individuals, and companies and involve different revenue sources such as media rights, merchandising tickets, and sponsorship. The global sports and arts promoters market is segmented - 1) By Type: Sports Promoters, Arts Promoters 2) By Revenue Source: Media Rights, Merchandising, Tickets, Sponsorship 3) By End-Users: Individuals, Companies The global sports and arts promoters market size grew from $221.95 billion in 2022 to $233.39 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 sports and arts promoters market is expected to grow to $281.80 billion in 2027 at a CAGR of 4.8%. Major companies in the sports and arts promoters market include Live Nation Entertainment, Inc., EXOR Group, Madison Square Garden Company, Lincoln Center, San Francisco Symphony, Townsquare Media, Inc., GMM Grammy Public Company Limited, Tivoli A/S, Factory Theatre and Denver Center For The Performing Arts. Sports organizers are implementing virtual reality technology to improve the spectator experience in a sporting events. Virtual reality technology 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 fans 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. The viewers could watch the action from a myriad of angles, including underneath the basket. NASCAR has created an interactive fan area at the race tracks with the implementation of virtual reality. Sports and arts organizers are implementing mobile ticketing to provide a hassle-free ticket purchase experience. Mobile ticketing is the process where customers can buy and validate tickets using mobile phones. Event organizers’ production and distribution costs associated with traditional paper-based ticketing channels are eliminated with the implementation of mobile ticketing. Apart from this, the data exchanged digitally through ticket transactions enables sports organizers to learn more about fans and generate insights to formulate marketing strategies from the database. For instance, Barcelona implemented mobile ticketing and eliminated paper tickets by introducing a new system that allows fans to scan a bar code on their phones to gain access to matches. Pocono Raceway launched a mobile ticket delivery system that allows fans to have their ticket delivered to their mobile device and have their ticket scanned at the gate directly from their mobile device. Asia-Pacific was the largest region in the sports and arts promoters market share in 2022. Africa is expected to be the fastest-growing region in the forecast period. The regions covered in the global sports and arts promoters market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the sports and arts promoters 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 and arts promoters services market includes revenues earned by entities by providing services like organizing, promoting, and managing live performing arts productions, sports events, and other events such as state fairs, county fairs, agricultural fairs, concerts, and festivals; and manage and provide the staff to operate arenas, stadiums, theaters or other related facilities for rent to other promoters. Customers for sports and arts promoters include independent artists and performing arts companies. 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 and arts promoters services market research report is one of a series of new reports from The Business Research Company that provides sports and arts promoters services market statistics, including sports and arts promoters services industry global market size, regional shares, competitors with a sports and arts promoters services market share, detailed sports and arts promoters services market segments, market trends and opportunities, and any further data you may need to thrive in the sports and arts promoters services industry. This sports and arts promoters services 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.

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.

E-sports refer to a type of electronic game in which contestants compete using video games in a multiplayer environment that resembles a real or imagined sport. The main types of games in e-sports are multiplayer online battle arenas (MOBA), real-time strategy, first-person shooter, fighting, and sports. Multiplayer online battle arena (MOBA) is a strategy video game subgenre in which two teams of players engage on a predetermined battlefield. Each player controls a single character with a set of distinct abilities that level up throughout the game and contribute to the overall strategy of the team. The various platform includes PC, console, mobile, and others and the different revenue sources are sponsorship, advertising, merchandise & tickets, publisher fees, and media rights. The global E-sports market is segmented – 1) By Game: Multiplayer Online Battle Arena (MOBA), Real Time Strategy, First Person Shooter, Fighting And Sports 2) By Platform: PC, Console, Mobile, Other Platforms 3) By Revenue Source: Sponsorship, Advertising, Merchandise & Tickets, Publisher Fees, Media Rights The global e-sports market size will grow from $1.41 billion in 2022 to $1.63 billion in 2023 at a compound annual growth rate (CAGR) of 16.1%. 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 e-sports is expected to grow from $2.98 billion in 2027 at a CAGR of 16.2%. The rising demand for video games and increasing awareness of E-sports contribute to the growth of the E-sports market. As technology is expanding so video content, products, virtual reality, and video game competitions are increasing. Video gaming has become a transforming pop culture and redefining the ways that young people consume entertainment. According to PwC's latest Global Entertainment & Media Outlook, the videogames market in the United States is expected to reach $30 billion by 2023. The global revenue for video games and E-sports was $215.6 billion in 2021, and it is predicted to grow at a CAGR of 8.5% to $323.5 billion by 2026. Therefore, the rising demand for video games and increasing awareness of E-sports drives the e-sports market’s growth. Major players in the E-sports market are Modern Times Group MTG AB, Activision Blizzard Inc., Gfinity, PLC., Turner Broadcasting System, Valve Corporation, Tencent, Electronic Arts, Inc., Hi-Rez Studios, Nintendo, FACEIT, CJ Corporation, Kabam, Wargaming Public, Rovio Entertainment, GungHo Online Entertainment, Riot Games Inc., Epic Games, Alisports, Total Entertainment Network, King Digital Entertainment PLC., Zynga Inc., Gamevil Inc., Cloud9, Team SoloMid, Team Liquid, Echo Fox, Fnatic, Gen.G E-sports, 100 Thieves, G2 E-sports and Immortals. Match-fixing has always been a major challenge in the E-sports industry. Match-fixing in E-sports is when a player intentionally loses to win a bet. The E-sports market will be negatively impacted when viewers start to believe that esports is losing their integrity due to match-fixing. In 2021, in Australia, match-fixing in E-sports resulted in the arrest of two Australian gamers. The number of suspected match-fixing cases in E-sports has more than doubled in 2020, amid concerns that COVID-19 has contributed to an increase in misconduct in competitive video gaming. The number of suspicious betting cases discovered by the E-sports Integrity Commission, the industry authority in charge of anti-corruption efforts, has increased to 117 in the first 11 months of 2020, from 46 in 2019. Therefore, match-fixing limits the growth of the E-sports market. E-sports companies are investing in innovative new E-sports platforms for increasing their revenue and expanding their consumer base and also for gaining a competitive edge over their rivals. For instance, in 2022, in India, LoCo., a live-streaming platform, launched Loco Legends, which is the first non-fungible token platform for esport. Also, for instance, in 2020, E-sports One, a USA-based E-sports data, and analytics company launched a new fantasy sports platform that is an all-in-one fantasy E-sports platform, that utilized a proprietary player performance database and computer vision to create real-time predictive data. Also, for instance, in 2022, Digital Virgo, a France-based specialist in mobile payment with Etisalat Misr, and the Egyptian Telecom company launched a full-service E-sports platform for delivering top-tier educational and entertaining content in Egypt. In 2022, Savvy Gaming Group, a Saudi Arabia-based Esports investment company, acquired ESL, a German-based Esports organizer and production company, and FACEIT, a UK-based Esports platform for $1.5 Billion. Through this acquisition, Savvy Gaming Group will integrate ESL's expertise in creating, broadcasting, and commercializing premium Esports ecosystems, including arena events and festival shows, with FACEIT's ability to develop top-notch tools for competitive games. North America was the largest region in the e-sports market in 2022. South America is expected to be the fastest-growing region in the forecast period. The regions covered in the global E-sports market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the E-sports market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The E-sports market includes revenues earned by entities operating E-sports facilities. E-sports or electronic sports are team-based sports played online and are supported by electronic systems in which all the functions are performed through a human-computer interface. E-sports are played by professional gamers that are sponsored by business organizations, or sporting organizations. 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 e-sports market research report is one of a series of new reports from The Business Research Company that provides E-sports market statistics, including E-sports industry global market size, regional shares, competitors with an E-sports market share, detailed E-sports market segments, market trends, and opportunities, and any further data you may need to thrive in the E-sports industry. This E-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.

The luxury footwear is a type of luxury product manufactured using premium quality materials and provide greater durability, uniqueness, and comfort. Price, quality, rarity, beauty, extraordinariness, and symbolism are all common qualities of luxury footwear. Luxury footwear products usually have characteristics that include higher price, premium quality, rarity, aesthetics, extraordinariness, and symbolism. The main luxury footwear products include shoes, sandals, and other product types. Luxury shoes are manufactured using premium quality materials and provide greater durability, uniqueness, and comfort. Some of the qualities which differentiate luxury shoes from the rest are their uncommon quality of rarity, sophisticated design, extraordinary craftsmanship, longevity, and timelessness. The different distribution channels for luxury footwear include online and offline for end-users including men, women, and children. The global luxury footwear market is segmented – 1) By Product Type: Shoes, Sandals, Other Product Types 2) By Distribution Channel: Online, Offline 3) By End User: Men, Women, Children The global luxury footwear market size will grow from $25.99 billion in 2022 to $27.67 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. 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 luxury footwear is expected to grow to $35.08 billion in 2027 at a CAGR of 6.1%. The increasing spending on designer and branded luxury items is expected to propel the growth of the luxury footwear market. Luxury footwear is a type of luxury item that refers to footwear items that are typically associated with the wealthy or affluent. According to SaveMyCent, a US-based online coupon code provider, in 2020, US consumers spent $64.8 billion on luxury items. Consumers in China ($51.8 billion) and Japan ($21.2 billion) came in second and third, respectively. The Americas accounted for 28% of total global luxury expenditure in 2020. Therefore, the increasing spending on designer and branded luxury items is driving the growth of the luxury footwear market. Major players in the luxury footwear market are LVMH, A.Testoni, Adidas AG, Base London, Burberry Group PLC, Chanel, Dr. Martens, Furla SpA, Guccio Gucci S.p.A, Hermes International S.A., John Lobb Bootmaker, Longchamp, Lottusse, Luxottica Group, Mulberry Group, Prada Group, Airwair International Ltd., Armani Group, J Choo USA, Inc., Kering, Lee Cooper, Puma, Reebok International, and Stuart Weitzman. Technological advancements are a key trend gaining popularity in the luxury market. The companies operating in the luxury footwear market are focusing on developing future-sustainable and innovative products with recycled plastics to meet sustainability goals set by global organizations and governments across the globe. For instance, in 2020, Adidas, a Germany-based designer and producer of apparel, luxury footwear, accessories, and sports equipment, has developed plant-based leather material, which is made from mycelium, which is part of a fungus, for making shoes. Also in 2020, the company will have produced 15 million pairs of shoes that were made from recycled plastic waste collected from beaches and coastal regions. In June 2021, Fosun Fashion Group, a China-based international luxury fashion group, acquired Sergio Rossi S.p.A. from Absolute Luxury Holding S.r.l. for an undisclosed amount. The acquisition is expected to enrich FFG’s luxury brand portfolio, which presently includes Lanvin, Wolford, Caruso, and St. John Knits, complementing the group's core capacity through luxury accessories and will also expand into newer markets. Sergio Rossi S.p.A is an Italy-based manufacturer of luxury footwear. North America was the largest region in the luxury footwear market in 2022. Western Europe was the second largest region in the luxury footwear market share in 2022. The regions covered in the luxury footwear market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the luxury footwear market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The luxury footwear market consists of sales of fashion boots, cowboy boots, hiking boots, sneakers and heels. 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 luxury footwear market research report is one of a series of new reports from The Business Research Company that provides luxury footwear market statistics, including global market size, regional shares, competitors with a luxury footwear market share, detailed luxury footwear market segments, market trends and opportunities, and any further data you may need to thrive in the luxury footwear industry. This luxury footwear 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.