Reports and Data has recently published a new market research report titled Sports and Leisure Equipment Market Forecast to 2030. The report has been formulated through extensive research and provides insights into the paradigm shifts observed in the market to assist readers maximize on their investments and capitalize on the recent development and competitive landscape of the global market. The report is an exhaustive assessment of the crucial aspects of the market including key geographical regions, technology, product types, application spectrum, key companies operating in the market, and overall industry overview.
Leisure and sport activities play an important role in maintenance of healthy lifestyle and physical fitness of population. Sport and leisure equipment include apparel, tools, materials, balls, nets, and protective gear like helmets and guards, among others. Use of these equipment is increasing owing to importance of fitness and for enhancing protection and appearance while engaging or competing in sports. Adults engage in leisure and sport activities for additional benefits such as communication, socialization and also as a self-image and social acceptance.
Market Dynamics:
The FMCG industry is rapidly expanding in terms of revenue over the recent years and is expected to register significant revenue growth over the forecast period. High revenue growth is attributed to factors such as increasing disposable income, rising awareness about consumption of healthy food and increasing preference for organic food and food products. Improvements in standard of living, rapidly expanding population across the globe and high demand for top quality food is fueling market growth. Moreover, increasing trend of veganism, high demand for plant based food products, probiotic drinks and other health drinks is also fueling market growth.
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The competitive landscape and company profiles offered in the report examine the key players in the Sports and Leisure Equipment market. The competitive analysis scrutinizes strategic initiatives adopted by key players and evaluates recent developments and market standing of the companies. The company profiles include data of established players and new entrants and are examined by using analytical tools like SWOT Analysis.
Rising viewership of global sports events such as the Olympics, Commonwealth Games, FIFA World Cup, Football and Cricket leagues among others is encouraging participation in sport activities across the globe. Recent advanced in technology is leading to development of wearable technology, social media and sensor technology, big data analytics, among others for benefitting population engaging in fitness activities.
This report offers a comprehensive analysis of the Sports and Leisure Equipment industry and help the user, investor and reader understand the market dynamics and make investment plans accordingly. The report offers in depth information about market size, revenue growth, drivers, restraints, opportunities, challenges and top companies. The report is obtained through extensive primary and secondary research and is thoroughly checked by experts in the industry. Various analytical tools such as Porter’s Five Force analysis and SWOT analysis in the report.
Competitive Landscape:
The report sheds light on details about each market player along with the company overview, global standing, financial status, business expansion plans and license agreement. The major players operating in the market are adopting various strategies such as partnerships, R&D investments, mergers and acquisitions, collaborations, joint ventures to expand their product base and gain robust footing in the market.
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Key Companies:
- Adidas AG
- Under Armour.
- New Balance
- Amer Sports
- Billabong International Colombia Sport
- PUMA SE
- Daiwa Seiko
- Quicksilver
- Cabela’s Inc.
- Yonex Co. Limited.
- The Forzani Group Limited
- Others
The report also sheds light on the market segmentation based on type, application and region:
Sports and Leisure Equipment Market Segmentation:
Type Outlook (Revenue, USD Billion; 2019-2030)
- Golf Equipment
- Fitness Sports Equipment
- Adventure Sports Equipment
- Ball Sports Equipment
Distribution Channel Outlook (Revenue, USD Billion; 2019-2030)
- Online Retail Stores
- Specialty Stores
- Supermarkets/Hypermarkets
Sports and Leisure Equipment Market Segmentation based on Regions:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key Points Addressed In The Report:
- Global Sports and Leisure Equipment market report offers insights on market share, drivers, constraints, limitations and opportunities
- Precise information about beneficial investment approaches key trends, technological developments, gross profit of leading companies and investments in research and development activities
- New strategies adopted by new and emerging players in the global Sports and Leisure Equipment market
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