Expansion of Global Sports Good Industry is Forecast to Reach 3.3% P.A.

Date: 2015-08-12

“The expansion of the global sports good industry is forecast to reach 3.3% p.a. in the coming years. Between 2008 and 2014 the market increased with an average annual growth of 3.3%. Currently, gymnasium, athletics and physical exercise equipment accounts for 26.7% of the global demand while the remaining market share is divided between golf equipment (16.8%), fishing and hunting requisites and equipment (10.7%), ski equipment (5.7%), balls (5.3%), watersport equipment (5.1%), ice skates and roller skates (2.2%), sports gloves, mitts and mittens (2.0%), tennis equipment (1.8%), table tennis goods (1.0%), badminton and other rackets (0.9%) and other sports goods (22.0%).

Canada, China, Japan, the United Kingdom and the United States represent the largest sports good markets while the strongest annual growth is forecast to occur in Morocco (17.7%), Malaysia (7.6%), Ecuador (7.1%), Sri Lanka (6.3%) and the United States (5.7%).”

Contact With Us
Join templatemonster at google+
Customized Research
Request Sample