United States Sports & Leisure Goods Market to be Dominated by Fitness Sports Equipment During the Forecast Period

 Increasing number of product launches and government initiatives regarding sports participation are the key factors driving the sports & leisure goods market in the United States.

According to TechSci Research report, “United States Sports & Leisure Goods Market”- By Region, Competition Forecast and Opportunities, 2018-2028”, US sports & leisure goods market has expanded significantly in recent years. The tools, materials, and equipment needed to compete in a sport vary depending on the discipline and are referred to as sporting and leisure equipment. Balls, netting, and safety equipment including helmets are just a few examples of the equipment.

Sporting goods, also referred to as sporting and leisure equipment, primarily refers to the tools, supplies, and accessories required to compete in sports or for leisure activities. Major examples of leisure equipment are fitness items, camping gear, bicycles, gardening tools, and musical instruments. Today, people use sports as a way to express themselves to make fashion statements in order to influence general public and engage in social activities. However, the main advantage of sports is the health benefits that it provides. A large number of athletes from all over the world are drawn to national and international events each year, which is quickly increasing demand for sports and leisure equipment. Given the growing preference of customers, athletes, and gym staff for individualized sports and leisure items, players are rapidly concentrating on product development to meet the needs and expectations of consumers.

Owing to increasing participation in various sports and rising consumer awareness regarding health and fitness, the market for sports & leisure goods in the United States has seen tremendous expansion over the past several years. Another important factor fueling the market's expansion is the emergence of e-commerce. However, because of rising demand in the nation, the price of a lot of sports equipment, including ball sports, adventure sports, summer sports, winter sports, and other sports equipment, is rising. The market is being driven by this escalating demand, which is expected to create chances for market expansion in the years to come. Other sporting goods include indoor and outdoor games such as bowling, wheel sports, and pogo sticks. The market is expected to be driven during the approaching years by the rising demand for these different types of sports equipment in numerous locations. As a result, major manufacturers are creating more innovative sports equipment products for their numerous customers.



Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on "United States Sports & Leisure Goods Market"

The United States sports & leisure goods market is segmented on the basis of product type, distribution channel, and region.

Based on product type, the market is segmented into golf equipment, fitness sports equipment, adventure sports equipment, ball sports equipment, and others. Among these, the fitness sports equipment segment holds the leading share in the market during the forecast period owing to rising product manufacturers, online sales channel, and specialty stress focusing on innovative, stylish, and multifunctional fitness goods.

Based on distribution channels, the market is segmented into supermarkets/hypermarkets, specialty stores, local sports shops, online, and others. Among these, the online segment is the fastest growing segment in the market during the forecast period. Owing to their extensive search capabilities, numerous filters, and straightforward product categorization, online retail businesses allow customers to browse a wide selection of products and assist in product purchases. Additional elements driving up the popularity of online retail businesses and websites include the accessibility of a variety of discounts and offers, and simple access to product information. Over the course of the forecast period, these crucial variables are anticipated to have a substantial impact on the segment's revenue growth.

Based on region, the market is segmented into South, West, Mid-West, North-East. Among these, the Mid-West region holds the leading share in the market during the forecast period owing to the increasing the availability of sports & leisure goods on various e-commerce and retail stores in the region, which is driving the demand for the sports & leisure goods market in the US.

Major operating companies operating in the United States Sports & Leisure Goods Market are:

  • Under Armour, Inc.
  • Nike, Inc.
  • Everlast Worldwide, Inc.
  • Wilson Sporting Goods
  • Franklin Sports, Inc.
  • Cabela’s, Inc.
  • Callaway Golf, Co.
  • Dunlop Sports Group Americas, Inc.
  • Quicksilver
  • New Balance Athletics, Inc.

Download FreeSample Report

Customers can also request for 10% free customization on this report.

“The industry is anticipated to be driven during the forecast period owing to a rise in public awareness of health and fitness. One of the main causes of this increase is the desire for a healthier lifestyle and better living. It has therefore increased the market potential for sporting and recreational equipment. Sports equipment and items used for pleasure and leisure have seen increase in response because of rising interest in physical and overall wellness. Products that are specifically designed to satisfy the needs and expectations of potential customers, athletes, and gym staff are now in demand. Due to this, top market vendors now place a strong emphasis on creating products and equipment for sports and leisure that are specifically tailored to the needs of the consumer,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

United States Sports & Leisure Goods Market By Product Type (Golf Equipment, Fitness Sports Equipment, Adventure Sports Equipment, Ball Sports Equipment, and Others), By Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Local Sports Shops, Online, and Others), By Region, By Company, Forecast & Opportunities, 2018-2028, has evaluated the future growth potential of US sports & leisure goods market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the sports & leisure goods market in United States.


Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: sales@techsciresearch.com

Website: https://www.techsciresearch.com

Comments

Post a Comment

Popular posts from this blog

India Exfoliators & Scrub Market 2016-2026: Regional Analysis and Forecast | TechSci Research

Image
India exfoliators & scrub market is projected to witness significant growth by 2026, owing to the growing awareness towards getting proper & healthy skin among both men and women population of the country. Concerns like skin pigmentation, acne marks, discoloration and age spots are further supporting the demand for exfoliators and scrubs.  Moreover, the rising per capita income of the country is enabling consumers to spend on products like exfoliators and scrubs. The entry of leading international brands and launch of new products is expected to drive the India exfoliators and scrub market during the forecast period. Exfoliators and scrubs help in removing the dead skin cell present on the skin’s outermost surface. They consist of fine diatoms which protect the skin’s surface. The market is also witnessing high demand for herbal exfoliators and scrubs as consumers are now getting more aware about the harmful effects of chemical-based products on their skin. Further, rising dema
Read more

Saudi Arabia Testing, Adjusting, and Balancing (TAB) Services Market: Opportunities, Size and Growth Projections in Upcoming Years

Image
  Increasing HVAC installations, growing infrastructure and increasing tourism sector are propelling the growth of Saudi Arabia Testing, Adjusting, and Balancing (TAB) Services market. According to TechSci Research report,  “Saudi Arabia Testing, Adjusting, and Balancing (TAB) Services Market - Industry Size, Share, Trends, Competition, Opportunities and Forecast, 2018- 2028F, ”  the Saudi Arabia Testing, Adjusting, and Balancing (TAB) Services market is expected to grow during the forecast period owing to the factors such as rising infrastructural activities, various events organized by government, and rising demand from the commercial sector. As well as promoting sustainable and energy-efficient systems, initiatives and activities are required to influence people's attitudes toward minimizing food loss and waste (FLW) through the use of HVAC systems. The Saudi Arabian refrigeration sector is expanding rapidly as there is an increasing need to prevent food waste. The need for HVAC
Read more

India Electric Rice Cooker Market 2018-2028: Emerging Opportunities | TechSci Research

Image
Increase in working professionals and the creation of new products will fuel the electric rice cooker market through the forecast period. According to TechSci Research report, “ India Electric Rice Cooker Market   – By Region Competition Forecast and Opportunities , 2018-2028F”  India's electric rice cooker market is forecasted to grow at an impressive CAGR during the forecast period because of reduced household spending and transition to electrical appliances. Growing acceptance of corporate work cultures, rising living standards, and an increase in the number of nuclear families all contribute to the market's expansion. I In addition to that, due to the availability of multifunction cooking appliances with smart functions, which is fueling the demand for electric rice cookers, the market for these appliances is anticipated to grow steadily during the anticipated period. The Go Electric campaign was started by the Indian government in February 2021 to raise public knowledge of
Read more