Global Sports Equipment (Ball Games, Ball Over Net Games, Fitness/Strength Equipment, Athletic Training Equipment) Market Analysis & Forecasts, 2018-2025 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 7, 2018--The “Sports Equipment Market Analysis Report By Product (Ball Games, Ball Over Net Games, Fitness/Strength Equipment, Athletic Training Equipment), By Distribution Channel, And Segment Forecasts, 2018 - 2025” report has been added to ResearchAndMarkets.com’s offering.
The global sports equipment market size is expected to reach USD 89.22 billion by 2025, registering a CAGR of 3.5% over the forecast period.
The industry is witnessing considerable growth across the globe owing to increasing adoption of sports and recreational activities by people for stress management and growing health awareness. Widespread media coverage of several global sports events, such as FIFA World Cup, Commonwealth Games, and Olympic Games, amplifies the popularity and expands the global reach of sports, thereby encouraging youth to take part in sports.
In recent times, government institutions are making recreational activities an obligatory inclusion in curriculum of schools and colleges. Besides this, they are taking initiatives to popularize the adoption of sports activities in their countries and motivate young athletes. These initiatives include allocating substantial funds for the development of sports infrastructure, apart from organizing several sports events.
Additionally, an increase in people’s participation has been noted in various sports such as golf, basketball, and football, owing to enhanced standards of living and a greater willingness to spend on leisure activities. Emerging economies such as India, China, and Brazil are observing improvements in living standards, which is projected to boost the sports equipment market growth.
However, in recent times, a proliferation of counterfeit products, in addition to rising product prices, is estimated to negatively impact the market over the forecast period. Nevertheless, enhancement and innovation of products, thanks to usage of better quality raw materials, are poised to offer new opportunities to the market.
Key Topics Covered:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Sports Equipment Industry Outlook
Chapter 4. Sports Equipment Market: Product Outlook
Chapter 5. Sports Equipment Market: Distribution Channel Outlook
Chapter 6. Sports Equipment Market: Regional Outlook
Chapter 7. Competitive LandscapeAdidas AG Amer Sports Callaway Golf Co. Sumitomo Rubber Industries Limited Nike, Inc. Puma SE Mizuno Corporation Sports Direct International PLC Under Armour Yonex Co., Ltd
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Related Topics:Sporting Goods and Equipment
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SOURCE: Research and Markets
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PUB: 11/07/2018 06:59 AM/DISC: 11/07/2018 06:59 AM