Sports Equipments Market

Sports Equipments Market

Global Market Study on Sports Equipment: Ball Sports to be the largest segment by 2020

  • XPLREP1741

  • February, 2015

  • 90 Pages

  • Sports Equipment

The global sports equipment market is witnessing considerable growth over the last few years. Increasing the participation in sports activities, growing consumer awareness about health and fitness, and the emergence of e-commerce are some of the key drivers impelling growth of the sports equipment market. However, increasing availability of counterfeit products and rising prices of sports equipment are restraining the growth of this market to some extent.

The global sports equipment market consists of equipment for ball sports, adventure sports, fitness, golf, winter sports, and others sports, including archery, billiards, bowling, wheel sports, pogo sticks, and indoor games.

Among the various sports equipment segments, ball sports hold the largest market share. Increasing media coverage of various global sports events such as the Olympic Games, Commonwealth Games, and FIFA World Cups encourage the youth to take part in various sports. The sports equipment industry is swiftly embracing new technologies and adapting its products in order to keep pace with rapidly changing global trends. 

North America holds the largest market share for sports equipment, followed by Europe and Asia Pacific. Developed markets in the U.S. and European countries dominate the sports equipment market. The U.S and Canada are the largest markets for sports equipment in North America.

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Global Market Study on Sports Equipment: Ball Sports to be the largest segment by 2020
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