DUBLIN--(BUSINESS WIRE)--The "Sports Equipment and Apparel Market by Product, Sports, and Distribution Channel - Global Opportunity Analysis and Industry Forecast, 2017-2023" report has been added to ResearchAndMarkets.com's offering.
The global sports equipment and apparel market was valued at $384,562 million in 2016, and is expected to reach $ 619,279 million by 2023, registering a CAGR of 7.1% from 2017 to 2023.
Sports equipment are utility devices or tools useful for engaging in sports activity. Similarly, sports apparel is useful for boosting the sports performance with required comfort.
Increase in fitness consciousness among consumers and rapid rise in per capita disposable income are expected to boost demand for sports equipment and apparels. In addition, trend of sports apparel among young sports enthusiasts and advancements in formulation of sports equipment fuel the market growth. However, decline in participation of the young generation in sports activity hampers the market growth.
The other team sports segment is expected to dominate the sports equipment and apparel market during the forecast period, owing to increase in government and NGO initiatives for spreading sports awareness.
In 2016, equipment segment dominated the sports equipment and apparel market in terms of value. Increase in preference of consumers for equipment owing to its high importance in sports activities fuels the growth of the segment.
In 2016, offline segment dominated the sports equipment and apparel market in terms of value, owing to the consumer proclivity towards experiencing feel, touch, build, and other sport-related attributes of product before purchase.
- Decathlon S.A.
- Nike, Inc.
- Adidas AG
- Puma SE
- Under Armour Inc.
- Amer Sports Corporation
- ASICS Corporation
- Sports Direct International Plc.
- V.F. Corporation
- New Balance, Inc.
Key Topics Covered:
Chapter 1. Introduction
Chapter 2. Executive Summary
Chapter 3. Market Overview
Chapter 4. Sports Equipment And Apparel Market, By Sports Type
Chapter 5. Sports Equipment And Apparel Market, By Product Type
Chapter 6. Sports Equipment And Apparel Market, By Distribution Channel
Chapter 7. Sports Equipment And Apparel Market By Region
Chapter 8. Company Profile
For more information about this report visit https://www.researchandmarkets.com/research/8lmc4q/global_sports?w=4