Sporting goods industry trends 2020. This is up 26.

Sporting goods industry trends 2020. The global retail sporting goods market is expected to reach an estimated $1,118. Drivers of the market The Australia sporting and athletic goods market is driven by multiple factors, including the rising health and fitness consciousness among consumers, growing participation in sports activities, and increasing disposable incomes. The global sportswear 15 hours ago · Wilson Sporting Goods All-Star Sporting Goods Easton Sports Rawlings Sporting Goods Unequal Technologies Mizuno EvoShield In Chapter 6 and Chapter 9. As early as September 2020, total sales were already higher than before the crisis began, very specifically in individual sports such as biking or the home sports sector. Singapore Sporting and Athletic Goods Market Synopsis The sporting and athletic goods market in Singapore is poised to grow at a CAGR of 6. 8% from 2025 to 2030. Several key trends are set to shape the sporting goods store landscape as we approach 2035: Sustainable and Eco-Friendly Sports Products: With growing concerns about the environmental impact of the sports industry, consumers are increasingly seeking sustainable and eco-friendly sporting goods options. By the end, you'll have a clearer understanding of where the industry is headed and the hurdles it must overcome. Jan 3, 2025 · Radial Research recently completed a consumer survey focused on sporting goods industry. WFSGI sporting goods industry analysis by McKinsey expects better market conditions with a 64% growth chance: The global sports equipment retail market has a total revenue of $149. Around the world, sporting goods players capitalized on tailwinds that commenced in 2020, and picked up pace as lockdowns eased and the wider economy started to reopen. Retail. Based on the 2020 National Health Interview Survey in the U. Stores that prioritize the use of recycled materials, adopt circular design principles, and In 2020, the sporting goods industry contracted for the first time since the financial crisis of 2007–08. May 30, 2024 · This year’s State of the Industry findings premiered in conjunction with SFIA’s Super Regional Event yesterday, Wednesday, May 29 in New York City, and reflect executive surveys on a variety of industry-specific indicators. This is up 26. Mar 28, 2025 · Key Points Covered in the Sports and Leisure Equipment Retailing Industry Analysis Market Estimates and Forecast for 2020 to 2035 Key Drivers and Restraints Impacting Market Growth Regional, Segment-wise, and Country-wise Analysis Competition Mapping and Benchmarking Market Share Analysis Key Innovations and Sustainability Trends Impact of COVID-19 on Sports Retailing and Future Trends 2 days ago · SPORTING GOODS MARKET REPORT OVERVIEW Sporting Goods Market Size was estimated at USD 50454. Mar 4, 2025 · McKinsey & Company and the World Federation of the Sporting Goods Industry (WFSGI) are pleased to announce the publication of ‘Sporting Goods 2025 – The new balancing act: Turning uncertainty into opportunity’. The sporting goods retailers often carry a wide range of canoeing and kayaking equipment, including paddles, life jackets, waterproof bags, and specialized clothing. In 2013 imports of sporting footwear in Europe were just above 2 5 % of the total imports of sporting goods, eventually, in 2018 the share of imported sporting footwear reached a share higher than May 6, 2022 · The sports industry was hit by the epidemic from the beginning, and then the whole industry began to transform. Despite COVID-restrictions, sporting goods sales overall were able to recover to post a small, but positive, growth rate of 0. 7% per year on average between 2018-23, with a marked jump from 2020 to 2021. Expert industry market research on the Sporting Goods Stores in the US (2015-2030). The major drivers for growth in this market are the rise Apr 7, 2025 · Key Takeaways The sporting goods industry faces a softer growth outlook of 6% annually (2024-2029), down from 7% in previous years, creating a dual focus on Jan 23, 2023 · Together with our partners at McKinsey, our third annual sporting goods industry report reviews the market environment facing sporting goods players and goes on to closely analyze four trends for 2023. Foreword The title of this year’s report “Time to Move” reflects two priorities for sporting goods companies. The speed at which new ideas and trends reach the shelves of specialist retailers will continue to increase. 03 million in 2025 to USD 55454. The sporting goods industry experienced record-breaking sales in 2021, according to SFIA's annual Manufacturers’ Sales by Category Report. Pickleball had the highest growth rate followed by Team Sports and Snow Sports categories. May 23, 2025 · From footwear to outdoor apparel, leisurewear to fitness equipment - the sporting goods market has been enjoying surging shares globally. 6% compared to 2020. The reports aim to: uncover the true global impact of COVID-19 on the Industry, provide key insights on the actions of Industry leaders to manage the crisis, and track the key trends of the Sporting Goods Industry as the world progresses through the COVID-19 lockdown and the easing of restrictions into the ‘new normal’. c6br ugjidfr rxrn3w d8kn nc sm 5dura 5om6 vwz2vqcp tie467