Global Sports Equipment Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Equipment and Apparel.

By Sports Type;

Team, Individual, Outdoor, Fitness & Training, Water Sports and Winter Sports.

By Distribution Channel;

Online retail, Specialty & Sports Shops, Department & discount Stores and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn650266684 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Sports Equipment Market (USD Million), 2021 - 2031

In the year 2024, the Global Sports Equipment Market was valued at USD 396,768.61 million. The size of this market is expected to increase to USD 604,517.56 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.2%.

The Global Sports Equipment Market represents a dynamic and multifaceted industry catering to the diverse needs of athletes, sports enthusiasts, and fitness-conscious individuals worldwide. Comprising a wide range of products designed to enhance performance, safety, and enjoyment across various sports and physical activities, this market is characterized by innovation, competition, and evolving consumer preferences.

From equipment tailored to specific sports disciplines such as soccer, basketball, tennis, and golf to gear designed for outdoor adventures like hiking, skiing, and cycling, the Global Sports Equipment Market encompasses a broad spectrum of products. This includes balls, bats, rackets, protective gear, gym equipment, footwear, and accessories, each serving a unique purpose in supporting athletes and enthusiasts in their pursuit of excellence and enjoyment.

Key drivers shaping the Global Sports Equipment Market include rising health and wellness awareness, increasing participation rates in sports and fitness activities, technological advancements, and the growing popularity of outdoor recreation. As consumers seek to lead healthier and more active lifestyles, there is a growing demand for high-quality sports equipment that offers performance, durability, and innovation.

Moreover, the market is influenced by factors such as changing consumer preferences, demographic shifts, economic conditions, and regulatory requirements. Companies operating in the Global Sports Equipment Market must continuously innovate their product offerings, invest in research and development, and adapt to emerging trends and technologies to remain competitive in this dynamic and fast-paced industry.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Sports Type
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By Region
  4. Global Sports Equipment Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Health and Wellness Awareness
        2. Innovation in Product Design and Technology
        3. Rise of Athleisure Culture
        4. Global Sporting Events and Sponsorships
        5. E-commerce and Digital Marketing
      2. Restraints
        1. High Cost of Quality Equipment
        2. Seasonal Demand
        3. Competition from Counterfeit Products
        4. Inadequate Infrastructure in Emerging Markets
        5. Impact of External Factors
      3. Opportunities
        1. Rising Health and Fitness Consciousness
        2. Expansion in Emerging Markets
        3. Innovation in Product Design and Technology
        4. E-commerce and Digital Marketing
        5. Expansion into Niche Segments
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Sports Equipment Market, By Product Type, 2021 - 2031 (USD Million)
      1. Equipment
      2. Apparel
    2. Global Sports Equipment Market, By Sports Type, 2021 - 2031 (USD Million)
      1. Team
      2. Individual
      3. Outdoor
      4. Fitness & Training
      5. Water Sports
      6. Winter Sports
    3. Global Sports Equipment Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Online retail
      2. Specialty & Sports Shops
      3. Department & Discount Stores
      4. Others
    4. Global Sports Equipment Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Kering S.A. (France)
      2. Nike, Inc. (US)
      3. ANTA Sports Products Limited (China)
      4. Adidas AG (Germany)
      5. Quiksilver, Inc. (Australia)
      6. Callaway Golf Company (US)
      7. Sports Direct International plc (UK)
      8. BPS Direct, LLC (US)
      9. Shenzhen Taishan Sports Technology Co., Ltd (China)
      10. Globeride, Inc. (Japan)
      11. MIZUNO Corporation (Japan)
      12. Yonex Co., Ltd (Japan)
      13. Black Diamond Equipment, Ltd (US)
  7. Analyst Views
  8. Future Outlook of the Market