DUBLIN--(BUSINESS WIRE)--Sep 13, 2018--The “China Outdoor Gear Industry Report, 2018-2023” report has been added to ResearchAndMarkets.com’s offering.
Chinese outdoor gear market witnessed a decade-low growth rate in 2017 with annual retail sales of RMB24.46 billion, representing a rate of only 3.2%, compared with over 20% in 2013 and even more than 50% in 2011.
After its boom between 2008 and 2012, the Chinese outdoor gear market started to slow down in 2013 and witnessed a decade-low growth rate in 2017 with annual retail sales of RMB24.46 billion, representing a rate of only 3.2%, compared with over 20% in 2013 and even more than 50% in 2011.
Despite a slowdown, the outdoor gear industry in China may sustain single-digit growth rate over the next two years, as outdoor sports become more diversified and popular. Compared with the United States and European countries, China is still home to a growing, rather than mature, outdoor gear market. Hence, it is expected the Chinese outdoor gear market will maintain the momentum of steady growth over the next five years.
The Chinese outdoor gear market is virtually shared by domestic and foreign brands, with the former focusing on the low-end market and the latter, represented by and dominating the middle- and high-end market. Local Chinese outdoor brands recorded shipments of nearly RMB7 billion in 2017, sweeping 50.5% of the country’s total. As local brands make breakthroughs in channel and quality of products, their market share will rise further.
Key Topics Covered:
1 Outdoor Gear
2 Foreign Outdoor Gear Industry
3 China Outdoor Sports Industry
4 China Outdoor Gear Industry
5 Chinese Market of Main Outdoor Supplies
6 Major Foreign Companies
7 Major Domestic Companies
Companies MentionedColumbia Sportswear VF Corporation Lafuma Clarus Newell Brands Jack Wolfskin Amer Sports Toread Sanfo MobiGarden Kolumb Challenge Beaume 3UNUSUL Changhua Outdoor FX Outdoor Arctos Camel KAILAS B.C. Sports Products SCALER Peak Sport North Face For more information about this report visit https://www.researchandmarkets.com/research/lwzh4j/china_outdoor?w=4.
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Related Topics:Sporting Goods and Equipment
KEYWORD: ASIA PACIFIC CHINA
INDUSTRY KEYWORD: OUTDOORS PROFESSIONAL SERVICES OTHER PROFESSIONAL SERVICES RETAIL SPECIALTY SPORTS
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 09/13/2018 11:08 AM/DISC: 09/13/2018 11:08 AM