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Global Sports Equipment And Accessories Market To 2024

03-04-2020 08:30 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Ameri Research Inc.

/ PR Agency: Director
Global Sports Equipment And Accessories Market

Global Sports Equipment And Accessories Market

Global Sports Equipment And Accessories Market To 2024

Global Sports Equipment And Accessories Market To 2024: In-Depth Market View, Key Product Categories & Technologies, Product Pipeline, Top Players & Company Share, Competitive Dynamics, End Market Mix, Technology Outlook, Growth Drivers & Restraints, Major Trends And Issues, Commercial & M&A Insights, Segment Forecast, Key Conclusions & Sector Outlook

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-

o Team Sports (Baseball & Softball, Basketball, Football, Hockey, Soccer)
o Outdoor Sports (Airsoft & Paintball, Camping & Hiking, Cycling, Fishing, Golf, Hunting, Water Sports)
o Indoor Sports
o 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.

Click the link below to view the report description:
https://www.ameriresearch.com/product/sports-equipment-and-accessories-market/

Key findings from the study: -
o Revenue in the Sports Apparel segment amounts to US$ 21 B in 2016.
o Market is estimated to grow at (CAGR 2016-2021) of 14.1 % resulting in a market volume of US$ 42 B in 2021.
o User penetration is at 24.7 % in 2016 and is expected to hit 37.2 % in 2021.
o The average revenue per user (ARPU) currently amounts to US$ 300.
o From a global comparison perspective it is shown that most revenue is generated in China (US$ 90 Bin 2016).

Ameri Research has segmented the Global Sports Equipment And Accessories Market byproduct type, application categories and region:

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.

"Technology outlook"

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.

Contact Us:
Ameri Research Inc.
Tel: +91 9704641520
Email: nibedita@ameriresearch.com
Web: www.ameriresearch.com

About Us:
Ameri Research Inc. (www.ameriresearch.com) is a U.S. based market research and consulting company, registered in the State of Florida and headquartered in Tampa Bay Area. At Ameri Research we are passionately curious about people, markets, brands and society. Our ability to gauge market movements, deep expertise in data science, strong domain expertise and years of collective global experiences helps us to bring unmatched quality in deliverables to our clients. With carefully planned systems and processes in place, we cater to the requirements of our clients in a timely and cost-efficient manner, bringing increased predictability to their business. Each year we are publishing more than 100 syndicated reports in healthcare, chemicals, materials, food & beverages, defense & aerospace, media & entertainment, sports & fitness, and energy. We offer our clients a unique depth of knowledge and expertise around-

Market Mapping
Opportunity Assessment
Positioning
Pricing Analysis
Market Entry Strategy
Competitive Intelligence
Program Evaluation
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Data Analytics
Developing a culture of collaboration and curiosity, we attract the highest caliber of likeminded people having ability to influence and shape the future.

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