E-retailing and Lightweight Equipment to Drive the Growth of Global Sports Equipment IndustryKen Research The rising popularity of national and international events has encouraged the sales in global sports equipment market. A sport is slowly becoming an active need for consumer’s healthy lifestyle. Therefore, there is an increasing participation in various sports activities such as soccer, lacrosse, adventure sports such as trekking, mountain racing, and ice skating. Also, the popularity of major sports such as soccer, cricket, baseball, rugby, and tennis are encouraging participation and attracting audience from across the globe. The growing involvement in sports activities is fuelling the demand for sports equipment. The report titled “Sports Equipment Global Industry Almanac 20182022”, provides a comprehensive analysis of global sports equipment industry, leading players, various sports equipment, geography, availability, market for sports equipment, new trends, light weight sports equipment, factors affecting growth of sports equipment industry, online retailing of sports equipment, future of global sports equipment industry.
Global Sports Equipment Leading Players, Various Products, Availability, and Geography: The leading players in the global sports equipment are Adidas, Amer Sports, BRG SPORTS, Under Armour, Nike, BAUER Hockey, Harrow Sports, Mizuno, Palmgard International, Riddell, Schutt Sports, Slazenger, and Warrior Sports. Various global sports equipment are cycling equipment, extreme sports equipment, ball sports equipment and other equipment. Majority of the global sports equipment are available at the specialty shops, sports shops, online retail, department store, discount stores, and others. The global sports equipment industry is geographically spread across APAC, Europe, North America, and ROW. Global sports equipment market consists of numerous small and large-scale vendors that are highly fragmented. The intense competition among players, rapid changes in technology, and variations in consumer preferences are the major challenges affecting the growth in the global sports equipment. North America accounts for a major share in the revenue in the sports protective equipment market. Increasing obesity rates, hectic lifestyle, growing importance of a healthy lifestyle and adoption of sports for lifestyle change are the factors fuelling the global sports equipment industry growth. The development of innovative products and the introduction of regulations that mandate the usage of protective gear are also boosting the sales of sports equipment.