The increasing demand for the sports equipment and apparel market can be indorsed to rising sports and fitness awareness throughout the globe. Moreover, increasing expenditure on sports training and development among children due to rising consciousness after the benefits of appealing in sports activities, including problem-solving ability and increased concentration, fuels the demand for sports equipment and apparel.
MARKET DYNAMICS
The shifting paradigm of the educational system is supporting the growth of the sports industry and industries related to it to a greater extent. Moreover, increasing sports training and sports education activities in academics have considerably increased the awareness of fitness and sports. Hence, many educational and school institutes are presenting training to the students, providing them a chance to compete in various sports competitions. Furthermore, the rise in national, state, and international level competitions conducted by numerous governments across the globe, pushing the market growth extensively. This drives the sports equipment and apparel market demand, globally.
MARKET SCOPE
The "Global Sports Equipment and Apparel Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the sports equipment and apparel with detailed market segmentation by product type, sport type, distribution channel. The global sports equipment and apparel market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading sports equipment and apparel market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global sports equipment and apparel market is segmented on the basis of product type into equipment and apparel. On the basis of sport type the sports equipment and apparel market is segmented into bike, outdoor, tennis, other racket sports, running, fitness, football/soccer, other team sports, winter sports, watersports, and others. On the basis of distribution channel the global sports equipment and apparel market is also segmented into online and offline
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global sports equipment and apparel market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The sports equipment and apparel market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the sports equipment and apparel market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the sports equipment and apparel market in these regions.
MARKET PLAYERS
The reports cover key developments in the sports equipment and apparel market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from sports equipment and apparel market are anticipated to lucrative growth opportunities in the future with the rising demand for sports equipment and apparel in the global market. Below mentioned is the list of few companies engaged in the sports equipment and apparel market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the sports equipment and apparel market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- ADIDAS AG (ADIDAS)
- AMER SPORTS CORPORATION
- ASICS CORPORATION
- DECATHLON S.A.
- GAP INC.
- NEW BALANCE
- NIKE, INC.
- PUMA SE
- UNDER ARMOUR, INC
- VF CORPORATION
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.