Sports Accessories and Equipment Market
Sports Accessories and Equipment Market Size, Share & Trends Analysis Report by Product (Sports Equipment, Sports Apparel, Sports Footwear, and Others), by Sports Type (Football, Cricket, Hockey, Tennis, Basketball, Others), and by Distribution Channel (Online and Offline), Forecast Period (2023-2030)
Sports accessories and equipment market is anticipated to grow at a CAGR of 6.7% during the forecast period (2023-2030). Sports accessories and equipment is used as protective gear or a tool to support athletes while playing the sport. Sports have started requiring more protective gear to prevent injuries, consequently accessories and equipment for sports have grown over time. Enhanced quality and durability, improved safety, performance enhancement, and maintenance and care are some of the key factors driving the market growth. For Instance, in July 2023, LeBron James Ltd. edition PS5 accessories launched exclusive items were initially introduced as part of the PlayStation playmakers' initiative to honor famous people who are enthusiastic gamers and work with them to produce unique accessories.
Numerous tennis-related companies work together to promote environmental issues in an environmentally responsible manner. Traveling to compete in tournaments around the globe contributes to carbon emissions. For Instance, in June 2023, A new digital Carbon Tracker is being introduced by tech giant Infosys as part of its strategic partnership with the ATP (Association of Tennis Professionals), the organization in charge of regulating men's professional tennis. Tennis is supposed to be more eco-friendly using the carbon tracker.
Segmental Outlook
The global sports accessories and equipment market is segmented by product, sport types, and distribution channel. Based on the product, the market is sub-segmented into sports equipment, sports apparel, sports footwear, and others. On the basis of sports types, the market is sub-segmented into football, cricket, hockey, tennis, basketball, and others. Furthermore, on the basis of distribution channels, the market is sub-segmented on the basis of online and offline. Among the product type, the sports equipment sub-segment is anticipated to hold a considerable share of the market owing to the rise in the development of innovative and technologically advanced products, increase participation in sports activities, and the growing demand for performance-enhancing gear.
The Football Sub-Segment is Anticipated to Hold a Considerable Share of the Global Sports Accessories and Equipment Market
Among the sports types, the football sub-segment is expected to hold a considerable share of the global sports accessories and equipment market. The segmental growth is attributed to football’s popularity, and large fan bases, such as the English Premier League, La Liga, Bundesliga, Serie A, and UEFA Champions League that contribute to the sustained demand for football-related equipment and accessories. Additionally, international events such as the FIFA World Cup and continental championships such as UEFA European Championships to further boost the market for football-related products. There are various kinds of partnerships in modern sports. For Instance, in June 2023, With Fanatics, LaLiga, the men's professional football division of the Spanish football league system, opened its first official online store as part of a comprehensive omnichannel retail and production cooperation.
Regional Outlook
The global sports accessories and equipment market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America). Among these, the Asia-Pacific region is anticipated to hold a prominent share of the market across the globe, owing to the increased industrialization, urbanization, and a rising middle class population are leading to increased customer demand and company opportunities. The key market players in the region include Cosco, Nivia, Freewill Pvt. Ltd., Columbia Sportswear, and others.
Global Sports Accessories and Equipment Market Growth, by Region 2023-2030
North America is Expected to Grow at a Significant CAGR in the Global Sports Accessories and Equipment Market
The market for sports accessories and equipment in North America is expanding as a result of the rising popularity of several sporting events including the Olympic Games, Cricket World Cup, and Soccer World Cup. According to the Sports & Fitness Industry Association and Sports Marketing Surveys US's report, in June 2022, around 232.6 million Americans participated in sports and fitness activities in 2021, which is a record high since 2016. The demand for sporting products is rising in North America as people become more aware of the advantages of living a healthy lifestyle and the value of participating in sports and fitness activities.
According to 2022 data released by the Olympic committee, the U.S. Olympic team of 222 athletes for the Beijing Games includes 107 women, the most for any nation in the history of the Winter Olympics. Further, data released by the Government of Canada, stated that in the 2020 Olympics games, over half of Canada's athletes were women (60%) and 55% of Canada's Paralympic team were women athletes. The increase in the participation of women in sports is another factor expected to have a positive impact on the regional sporting goods market.
Market Players Outlook
The major companies serving the sports accessories and equipment market include Adidas AG, Amer Sports, Puma SE, Yonex Co., Ltd, Mizuno Corp. NIKE, Reebok, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in December 2022, The Scottish Football Association and Isuzu UK have begun collaborating together. The firm, which already has ties to England, expands its influence as the driving force behind domestic football with this partnership.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global sports accessories and equipment market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Adidas AG
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Amer Sports
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Puma SE
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Key Strategy Analysis
4. Market Segmentation
4.1. Global Sports Accessories and Equipment Market by Product
4.1.1. Sports Equipment
4.1.2. Sports Apparel
4.1.3. Sports Footwear
4.1.4. Others (Accessories)
4.2. Global Sports Accessories and Equipment Market by Sports Type
4.2.1. Football
4.2.2. Cricket
4.2.3. Hockey
4.2.4. Tennis
4.2.5. Basketball
4.2.6. Others (Badminton, Baseball)
4.3. Global Sports Accessories and Equipment Market by Distribution Channel
4.3.1. Online
4.3.2. Offline
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. ASICS COPERATION
6.2. Decathlon
6.3. Fila
6.4. Joma
6.5. Kappa
6.6. Le Coq Sportif
6.7. New Balance
6.8. Nike
6.9. Reebok
6.10. Sansapareils Greelands
6.11. Skechers
6.12. SkySports
6.13. Under Armour
6.14. Wilson Sporting Goods
6.15. Yonex
1. GLOBAL SPORT ACCESSORIES AND EQUIPMENT RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2022-2030 ($ MILLION)
2. GLOBAL SPORTS EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
3. GLOBAL SPORTS APPAREL MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
4. GLOBAL SPORTS FOOTWEAR MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
5. GLOBAL OTHER SPORT ACCESSORIES AND EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
6. GLOBAL SPORT ACCESSORIES AND EQUIPMENT MARKET RESEARCH AND ANALYSIS BY SPORTS TYPE, 2022-2030 ($ MILLION)
7. GLOBAL FOOTBALL ACCESSORIES AND EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
8. GLOBAL CRICKET ACCESSORIES AND EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
9. GLOBAL HOCKEY ACCESSORIES AND EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
10. GLOBAL TENNIS ACCESSORIES AND EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
11. GLOBAL BASKETBALL ACCESSORIES AND EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
12. GLOBAL OTHER SPORTS ACCESSORIES AND EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
13. GLOBAL SPORT ACCESSORIES AND EQUIPMENT MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2022-2030 ($ MILLION)
14. GLOBAL ONLINE SPORT ACCESSORIES AND EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
15. GLOBAL OFFLINE SPORT ACCESSORIES AND EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
16. GLOBAL SPORT ACCESSORIES AND EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
17. NORTH AMERICAN SPORT ACCESSORIES AND EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
18. NORTH AMERICAN SPORT ACCESSORIES AND EQUIPMENT MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2022-2030 ($ MILLION)
19. NORTH AMERICAN SPORT ACCESSORIES AND EQUIPMENT MARKET RESEARCH AND ANALYSIS BY SPORTS TYPE, 2022-2030 ($ MILLION)
20. NORTH AMERICAN SPORT ACCESSORIES AND EQUIPMENT MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2022-2030 ($ MILLION)
21. EUROPEAN SPORT ACCESSORIES AND EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
22. EUROPEAN SPORT ACCESSORIES AND EQUIPMENT MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2022-2030 ($ MILLION)
23. EUROPEAN SPORT ACCESSORIES AND EQUIPMENT MARKET RESEARCH AND ANALYSIS BY SPORTS TYPE, 2022-2030 ($ MILLION)
24. EUROPEAN SPORT ACCESSORIES AND EQUIPMENT MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2022-2030 ($ MILLION)
25. ASIA- PACIFIC SPORT ACCESSORIES AND EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
26. ASIA- PACIFIC SPORT ACCESSORIES AND EQUIPMENT MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2022-2030 ($ MILLION)
27. ASIA- PACIFIC SPORT ACCESSORIES AND EQUIPMENT MARKET RESEARCH AND ANALYSIS BY SPORTS TYPE, 2022-2030 ($ MILLION)
28. ASIA- PACIFIC SPORT ACCESSORIES AND EQUIPMENT MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2022-2030 ($ MILLION)
29. REST OF THE WORLD SPORT ACCESSORIES AND EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
30. REST OF THE WORLD SPORT ACCESSORIES AND EQUIPMENT MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2022-2030 ($ MILLION)
31. REST OF THE WORLD SPORT ACCESSORIES AND EQUIPMENT MARKET RESEARCH AND ANALYSIS BY SPORTS TYPE, 2022-2030 ($ MILLION)
32. REST OF THE WORLD SPORT ACCESSORIES AND EQUIPMENT MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2022-2030 ($ MILLION)
1. GLOBAL SPORT ACCESSORIES AND EQUIPMENT RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2022 VS 2030 (%)
2. GLOBAL SPORTS EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
3. GLOBAL SPORTS APPAREL MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
4. GLOBAL SPORTS FOOTWEAR MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
5. GLOBAL OTHER SPORT ACCESSORIES AND EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
6. GLOBAL SPORT ACCESSORIES AND EQUIPMENT MARKET RESEARCH AND ANALYSIS BY SPORTS TYPE, 2022 VS 2030 (%)
7. GLOBAL FOOTBALL ACCESSORIES AND EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
8. GLOBAL CRICKET ACCESSORIES AND EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
9. GLOBAL HOCKEY ACCESSORIES AND EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
10. GLOBAL TENNIS ACCESSORIES AND EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
11. GLOBAL BASKETBALL ACCESSORIES AND EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
12. GLOBAL OTHER SPORTS ACCESSORIES AND EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
13. GLOBAL SPORT ACCESSORIES AND EQUIPMENT MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2022 VS 2030 (%)
14. GLOBAL ONLINE SPORT ACCESSORIES AND EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
15. GLOBAL OFFLINE SPORT ACCESSORIES AND EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
16. GLOBAL SPORT ACCESSORIES AND EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
17. US SPORT ACCESSORIES AND EQUIPMENT MARKET SIZE, 2022-2030 ($ MILLION)
18. CANADA SPORT ACCESSORIES AND EQUIPMENT MARKET SIZE, 2022-2030 ($ MILLION)
19. UK SPORT ACCESSORIES AND EQUIPMENT MARKET SIZE, 2022-2030 ($ MILLION)
20. FRANCE SPORT ACCESSORIES AND EQUIPMENT MARKET SIZE, 2022-2030 ($ MILLION)
21. GERMANY SPORT ACCESSORIES AND EQUIPMENT MARKET SIZE, 2022-2030 ($ MILLION)
22. ITALY SPORT ACCESSORIES AND EQUIPMENT MARKET SIZE, 2022-2030 ($ MILLION)
23. SPAIN SPORT ACCESSORIES AND EQUIPMENT MARKET SIZE, 2022-2030 ($ MILLION)
24. REST OF EUROPE SPORT ACCESSORIES AND EQUIPMENT MARKET SIZE, 2022-2030 ($ MILLION)
25. INDIA SPORT ACCESSORIES AND EQUIPMENT MARKET SIZE, 2022-2030 ($ MILLION)
26. CHINA SPORT ACCESSORIES AND EQUIPMENT MARKET SIZE, 2022-2030 ($ MILLION)
27. JAPAN SPORT ACCESSORIES AND EQUIPMENT MARKET SIZE, 2022-2030 ($ MILLION)
28. SOUTH KOREA SPORT ACCESSORIES AND EQUIPMENT MARKET SIZE, 2022-2030 ($ MILLION)
29. REST OF ASIA-PACIFIC SPORT ACCESSORIES AND EQUIPMENT MARKET SIZE, 2022-2030 ($ MILLION)
30. REST OF THE WORLD SPORT ACCESSORIES AND EQUIPMENT MARKET SIZE, 2022-2030 ($ MILLION)
