Persistence Market Research Reports Sports Equipments Market | Page 2

Canada are the largest markets for sports equipment in North America. Demand for sports equipment in the
developing economies of Asia Pacific is expected to show high growth prospects during the forecast period.
During 2010–2013, the sports equipment market in Asia Pacific experienced greater growth rate as compared to
that of other regions, including North America and Europe. Countries such as Japan, China, India, and Australia
are witnessing rapid economic growth. This, in turn, is expected to further drive the sports equipment market in
Asia Pacific.
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Moreover, product improvement through R&D activities and an emergence of e-commerce is likely to fuel
growth of the sports equipment market in the near future. North America is the major market for sports
equipment, followed by Europe and Asia Pacific. In North America, the U.S. and Canada dominate the sports
equipment market. Asia Pacific is expected to be the fastest growing market for sports equipment during the
forecast period.
The sports equipment market is segmented on the basis of product (ball sports, adventure sports, fitness
equipment, golf equipment, winter sports, and other sports equipment) and region (North America, Europe, Asia-
Pacific, and Rest of the World). In terms of revenue, the global market for sports equipment grew from USD
61,778.7 million in 2010 to USD 66,528.8 million in 2013. It is expected to grow to USD 81,821.0 million in
2020 expanding at a CAGR of 3.0%.
The ball sports equipment segment is expected to be the market’s most lucrative during the forecast period. This
segment is expected to grow from an estimated USD 17,592.6 million in 2014 to USD 21,778.6 million by 2020
at a CAGR of 3.6%.
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The report covers in-depth sports equipment market analysis, by product segment (ball sports, adventure sports,
fitness equipment, golf equipment, winter sports, and other sports equipment) and by region (North America,
Europe, Asia-Pacific, and Rest of the World) for the period 2010 to 2020.
Moreover, the current sports equipment market dynamics, including the drivers, restraints, opportunities, and
recent developments, have been covered in the report. The competitive landscape section of the sports equipment
market report includes company’s revenue and number of product segment offered by the company. Company
profiles include attributes such as company overview, products and services, financial performance, and recent
developments.