Global Sports Equipment and Accessories Market are estimated to generate about 12.5 billion U.S. dollars in 2017. This market moved by swift adoption of newer technologies and openness to changing trends. The industry is thriving immensely on e-commerce, which is a popular retail medium nowadays that also offers consumers the benefit to compare all the available brands of sports equipment. It is a one-stop shop for all sports accessories and equipment, which in turn enhances the salability in the global sports equipment market.
Sports equipment and accessories market is passing through a challenging phase with many players and their presence in retail, e-commerce, sports store and wholesalers. Rising sedentary lifestyle and lack of space, indoor sports equipment market is going to see an upsurge. Younger generation’s fan following to prominent sports players and social media messaging will drive this market further.
Ameri Research analyzed the market on the basis of types of sports, types of distribution channels, and geography. Based on types of sports, the market is classified into-
- Team Sports (Baseball & Softball, Basketball, Football, Hockey, Soccer)
- Outdoor Sports (Airsoft & Paintball, Camping & Hiking, Cycling, Fishing, Golf, Hunting, Water Sports)
- Indoor Sports
- Recreation and Exercise (Bowling, Cardio Equipment, Fitness & Exercise, Mixed Martial Arts, Racquet Sports, Skateboarding, Swimming & Water Workouts, Weight Training & Home Gyms, Yoga, Pilates & Toning, Winter Sports).
Sports equipment and accessory market work through different channels such as Sports shop, Department Stores, Online retail and others.
Global Sports Equipment and Accessories Market, 2014 to 2024 (USD Billion)
Top Sports Apparel Brands:
Some of the key players of Sports Equipment and Accessories Market dominating the market are Nike,Inc, Adidas AG, Reebok International Ltd, Puma SE, Under Armour, Inc, V.F. Corporation, Everlast worldwide, Inc, Wilson Sporting Goods, New Balance, Fila, Inc
“Optimal Price Point (OPP) for Sports Apparel Products”
Estimated Average solution cost – $ xx globally. However, with growth in demand for indoor sports equipment, OPP and range of acceptable Prices (RAP) are going to change. We at Ameri Research continuously track these prices with our proprietary pricing model.
Ameri Research depicts the revenue of the leading 25 apparel suppliers in North America in 2014. In that year, alphabroder (Ash City) was the leading apparel supplier in the North America with revenue that amounted to about 815 million U.S. dollars.