Sporting equipment, also called sporting goods, has various forms depending on the sport, but it is essential to complete the sport. The equipment ranges from balls, to nets, and to protective gear like helmets. Sporting equipment can be used as protective gear or as tool used to help the athletes play the sport. Over time, sporting equipment has evolved because sports have started to require more protective gear to prevent injuries. Sporting equipment may be found in any department store.
LPI (LP Information)' newest research report, the “Sporting Goods Industry Forecast” looks at past sales and reviews total world Sporting Goods sales in 2022, providing a comprehensive analysis by region and market sector of projected Sporting Goods sales for 2023 through 2029. With Sporting Goods sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Sporting Goods industry.
This Insight Report provides a comprehensive analysis of the global Sporting Goods landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Sporting Goods portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Sporting Goods market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Sporting Goods and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Sporting Goods.
The global Sporting Goods market size is projected to grow from US$ 47820 million in 2022 to US$ 60110 million in 2029; it is expected to grow at a CAGR of 60110 from 2023 to 2029.
Sporting goods market is anticipated to record noteworthy growth in the next five to six years. This is majorly attributed to increased number of health-conscious consumers, who are incorporating playing sports as a part of their daily routine. Of different segments in the overall sports industry such as sports tourism, sports apparel, sports sponsorship, sporting goods and others, sporting goods is anticipated to gain significant share in the overall sporting industry. This has led to increased competition among sporting goods manufacturers ensuring improved distribution channels, prices, quality, efficient supply chain management, in order to maintain sustainability in the market. Among different regions, North America holds largest share in terms of value and is anticipated to maintain its dominance in the near future. Growth prospects for sporting goods market are favorable in the Asia Pacific region.

Few other factors bolstering the sporting goods market growth include growing retail industry, increasing disposable income of consumers, government inclination and support for sport activities in many countries, rising consumer awareness for health and fitness. In addition, with increasing awareness of health and fitness through encouragement of sports by governments of various countries along with consumer inclination for sports such as ICC Cricket World Cup, Commonwealth Games, Olympics have led to increased sales of varied sporting goods worldwide. However, availability of counterfeit products along with high prices of few products might restrict the market growth. Sporting goods manufacturers are performing extensive research and development related to raw material used, such as use of carbon fiber for manufacturing sporting goods, as it offers advantages such as light-weight, high-strength and better performance of the product.
This report presents a comprehensive overview, market shares, and growth opportunities of Sporting Goods market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Ball Sports
Adventure Sports
Golf
Winter Sports
Others
Segmentation by application
Franchise Outlets
Department Stores
Specialty Sports
Discount Stores
On-line
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Nike Inc.
Reebok
Adidas AG
Puma SE
Amer Sports Corporation
VF Corporation
Asics Corporation
Under Armour Inc.
Brooks Sports Inc.
The North Face, Inc.
YONEX Co. Ltd.
MIZUNO Corporation
Skechers USA, Inc.
Converse Inc.
Key Questions Addressed in this Report
What is the 10-year outlook for the global Sporting Goods market?
What factors are driving Sporting Goods market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Sporting Goods market opportunities vary by end market size?
How does Sporting Goods break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

1 Scope of the Report 1.1 Market Introduction 1.2 Years Considered 1.3 Research Objectives 1.4 Market Research Methodology 1.5 Research Process and Data Source 1.6 Economic Indicators 1.7 Currency Considered 1.8 Market Estimation Caveats 2 Executive Summary 2.1 World Market Overview 2.1.1 Global Sporting Goods Annual Sales 2018-2029 2.1.2 World Current & Future Analysis for Sporting Goods by Geographic Region, 2018, 2022 & 2029 2.1.3 World Current & Future Analysis for Sporting Goods by Country/Region, 2018, 2022 & 2029 2.2 Sporting Goods Segment by Type 2.2.1 Ball Sports 2.2.2 Adventure Sports 2.2.3 Golf 2.2.4 Winter Sports 2.2.5 Others 2.3 Sporting Goods Sales by Type 2.3.1 Global Sporting Goods Sales Market Share by Type (2018-2023) 2.3.2 Global Sporting Goods Revenue and Market Share by Type (2018-2023) 2.3.3 Global Sporting Goods Sale Price by Type (2018-2023) 2.4 Sporting Goods Segment by Application 2.4.1 Franchise Outlets 2.4.2 Department Stores 2.4.3 Specialty Sports 2.4.4 Discount Stores 2.4.5 On-line 2.4.6 Other 2.5 Sporting Goods Sales by Application 2.5.1 Global Sporting Goods Sale Market Share by Application (2018-2023) 2.5.2 Global Sporting Goods Revenue and Market Share by Application (2018-2023) 2.5.3 Global Sporting Goods Sale Price by Application (2018-2023) 3 Global Sporting Goods by Company 3.1 Global Sporting Goods Breakdown Data by Company 3.1.1 Global Sporting Goods Annual Sales by Company (2018-2023) 3.1.2 Global Sporting Goods Sales Market Share by Company (2018-2023) 3.2 Global Sporting Goods Annual Revenue by Company (2018-2023) 3.2.1 Global Sporting Goods Revenue by Company (2018-2023) 3.2.2 Global Sporting Goods Revenue Market Share by Company (2018-2023) 3.3 Global Sporting Goods Sale Price by Company 3.4 Key Manufacturers Sporting Goods Producing Area Distribution, Sales Area, Product Type 3.4.1 Key Manufacturers Sporting Goods Product Location Distribution 3.4.2 Players Sporting Goods Products Offered 3.5 Market Concentration Rate Analysis 3.5.1 Competition Landscape Analysis 3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2018-2023) 3.6 New Products and Potential Entrants 3.7 Mergers & Acquisitions, Expansion 4 World Historic Review for Sporting Goods by Geographic Region 4.1 World Historic Sporting Goods Market Size by Geographic Region (2018-2023) 4.1.1 Global Sporting Goods Annual Sales by Geographic Region (2018-2023) 4.1.2 Global Sporting Goods Annual Revenue by Geographic Region (2018-2023) 4.2 World Historic Sporting Goods Market Size by Country/Region (2018-2023) 4.2.1 Global Sporting Goods Annual Sales by Country/Region (2018-2023) 4.2.2 Global Sporting Goods Annual Revenue by Country/Region (2018-2023) 4.3 Americas Sporting Goods Sales Growth 4.4 APAC Sporting Goods Sales Growth 4.5 Europe Sporting Goods Sales Growth 4.6 Middle East & Africa Sporting Goods Sales Growth 5 Americas 5.1 Americas Sporting Goods Sales by Country 5.1.1 Americas Sporting Goods Sales by Country (2018-2023) 5.1.2 Americas Sporting Goods Revenue by Country (2018-2023) 5.2 Americas Sporting Goods Sales by Type 5.3 Americas Sporting Goods Sales by Application 5.4 United States 5.5 Canada 5.6 Mexico 5.7 Brazil 6 APAC 6.1 APAC Sporting Goods Sales by Region 6.1.1 APAC Sporting Goods Sales by Region (2018-2023) 6.1.2 APAC Sporting Goods Revenue by Region (2018-2023) 6.2 APAC Sporting Goods Sales by Type 6.3 APAC Sporting Goods Sales by Application 6.4 China 6.5 Japan 6.6 South Korea 6.7 Southeast Asia 6.8 India 6.9 Australia 6.10 China Taiwan 7 Europe 7.1 Europe Sporting Goods by Country 7.1.1 Europe Sporting Goods Sales by Country (2018-2023) 7.1.2 Europe Sporting Goods Revenue by Country (2018-2023) 7.2 Europe Sporting Goods Sales by Type 7.3 Europe Sporting Goods Sales by Application 7.4 Germany 7.5 France 7.6 UK 7.7 Italy 7.8 Russia 8 Middle East & Africa 8.1 Middle East & Africa Sporting Goods by Country 8.1.1 Middle East & Africa Sporting Goods Sales by Country (2018-2023) 8.1.2 Middle East & Africa Sporting Goods Revenue by Country (2018-2023) 8.2 Middle East & Africa Sporting Goods Sales by Type 8.3 Middle East & Africa Sporting Goods Sales by Application 8.4 Egypt 8.5 South Africa 8.6 Israel 8.7 Turkey 8.8 GCC Countries 9 Market Drivers, Challenges and Trends 9.1 Market Drivers & Growth Opportunities 9.2 Market Challenges & Risks 9.3 Industry Trends 10 Manufacturing Cost Structure Analysis 10.1 Raw Material and Suppliers 10.2 Manufacturing Cost Structure Analysis of Sporting Goods 10.3 Manufacturing Process Analysis of Sporting Goods 10.4 Industry Chain Structure of Sporting Goods 11 Marketing, Distributors and Customer 11.1 Sales Channel 11.1.1 Direct Channels 11.1.2 Indirect Channels 11.2 Sporting Goods Distributors 11.3 Sporting Goods Customer 12 World Forecast Review for Sporting Goods by Geographic Region 12.1 Global Sporting Goods Market Size Forecast by Region 12.1.1 Global Sporting Goods Forecast by Region (2024-2029) 12.1.2 Global Sporting Goods Annual Revenue Forecast by Region (2024-2029) 12.2 Americas Forecast by Country 12.3 APAC Forecast by Region 12.4 Europe Forecast by Country 12.5 Middle East & Africa Forecast by Country 12.6 Global Sporting Goods Forecast by Type 12.7 Global Sporting Goods Forecast by Application 13 Key Players Analysis 13.1 Nike Inc. 13.1.1 Nike Inc. Company Information 13.1.2 Nike Inc. Sporting Goods Product Portfolios and Specifications 13.1.3 Nike Inc. Sporting Goods Sales, Revenue, Price and Gross Margin (2018-2023) 13.1.4 Nike Inc. Main Business Overview 13.1.5 Nike Inc. Latest Developments 13.2 Reebok 13.2.1 Reebok Company Information 13.2.2 Reebok Sporting Goods Product Portfolios and Specifications 13.2.3 Reebok Sporting Goods Sales, Revenue, Price and Gross Margin (2018-2023) 13.2.4 Reebok Main Business Overview 13.2.5 Reebok Latest Developments 13.3 Adidas AG 13.3.1 Adidas AG Company Information 13.3.2 Adidas AG Sporting Goods Product Portfolios and Specifications 13.3.3 Adidas AG Sporting Goods Sales, Revenue, Price and Gross Margin (2018-2023) 13.3.4 Adidas AG Main Business Overview 13.3.5 Adidas AG Latest Developments 13.4 Puma SE 13.4.1 Puma SE Company Information 13.4.2 Puma SE Sporting Goods Product Portfolios and Specifications 13.4.3 Puma SE Sporting Goods Sales, Revenue, Price and Gross Margin (2018-2023) 13.4.4 Puma SE Main Business Overview 13.4.5 Puma SE Latest Developments 13.5 Amer Sports Corporation 13.5.1 Amer Sports Corporation Company Information 13.5.2 Amer Sports Corporation Sporting Goods Product Portfolios and Specifications 13.5.3 Amer Sports Corporation Sporting Goods Sales, Revenue, Price and Gross Margin (2018-2023) 13.5.4 Amer Sports Corporation Main Business Overview 13.5.5 Amer Sports Corporation Latest Developments 13.6 VF Corporation 13.6.1 VF Corporation Company Information 13.6.2 VF Corporation Sporting Goods Product Portfolios and Specifications 13.6.3 VF Corporation Sporting Goods Sales, Revenue, Price and Gross Margin (2018-2023) 13.6.4 VF Corporation Main Business Overview 13.6.5 VF Corporation Latest Developments 13.7 Asics Corporation 13.7.1 Asics Corporation Company Information 13.7.2 Asics Corporation Sporting Goods Product Portfolios and Specifications 13.7.3 Asics Corporation Sporting Goods Sales, Revenue, Price and Gross Margin (2018-2023) 13.7.4 Asics Corporation Main Business Overview 13.7.5 Asics Corporation Latest Developments 13.8 Under Armour Inc. 13.8.1 Under Armour Inc. Company Information 13.8.2 Under Armour Inc. Sporting Goods Product Portfolios and Specifications 13.8.3 Under Armour Inc. Sporting Goods Sales, Revenue, Price and Gross Margin (2018-2023) 13.8.4 Under Armour Inc. Main Business Overview 13.8.5 Under Armour Inc. Latest Developments 13.9 Brooks Sports Inc. 13.9.1 Brooks Sports Inc. Company Information 13.9.2 Brooks Sports Inc. Sporting Goods Product Portfolios and Specifications 13.9.3 Brooks Sports Inc. Sporting Goods Sales, Revenue, Price and Gross Margin (2018-2023) 13.9.4 Brooks Sports Inc. Main Business Overview 13.9.5 Brooks Sports Inc. Latest Developments 13.10 The North Face, Inc. 13.10.1 The North Face, Inc. Company Information 13.10.2 The North Face, Inc. Sporting Goods Product Portfolios and Specifications 13.10.3 The North Face, Inc. Sporting Goods Sales, Revenue, Price and Gross Margin (2018-2023) 13.10.4 The North Face, Inc. Main Business Overview 13.10.5 The North Face, Inc. Latest Developments 13.11 YONEX Co. Ltd. 13.11.1 YONEX Co. Ltd. Company Information 13.11.2 YONEX Co. Ltd. Sporting Goods Product Portfolios and Specifications 13.11.3 YONEX Co. Ltd. Sporting Goods Sales, Revenue, Price and Gross Margin (2018-2023) 13.11.4 YONEX Co. Ltd. Main Business Overview 13.11.5 YONEX Co. Ltd. Latest Developments 13.12 MIZUNO Corporation 13.12.1 MIZUNO Corporation Company Information 13.12.2 MIZUNO Corporation Sporting Goods Product Portfolios and Specifications 13.12.3 MIZUNO Corporation Sporting Goods Sales, Revenue, Price and Gross Margin (2018-2023) 13.12.4 MIZUNO Corporation Main Business Overview 13.12.5 MIZUNO Corporation Latest Developments 13.13 Skechers USA, Inc. 13.13.1 Skechers USA, Inc. Company Information 13.13.2 Skechers USA, Inc. Sporting Goods Product Portfolios and Specifications 13.13.3 Skechers USA, Inc. Sporting Goods Sales, Revenue, Price and Gross Margin (2018-2023) 13.13.4 Skechers USA, Inc. Main Business Overview 13.13.5 Skechers USA, Inc. Latest Developments 13.14 Converse Inc. 13.14.1 Converse Inc. Company Information 13.14.2 Converse Inc. Sporting Goods Product Portfolios and Specifications 13.14.3 Converse Inc. Sporting Goods Sales, Revenue, Price and Gross Margin (2018-2023) 13.14.4 Converse Inc. Main Business Overview 13.14.5 Converse Inc. Latest Developments 14 Research Findings and Conclusion