Persistence Market Research is released upcoming report on title "Sports Equipments Market - Global Industry Analysis and Forecast to 2020".
New York, NY -- (SBWIRE) -- 12/30/2014 -- Global sports equipments market consists of equipment for various sports such as ball sports, golf, adventure sports, racket sports, winter sports, bowling, billiards, indoor games, wheel sports and martial arts.
North America is the leading market for sports equipment. In North America, the U.S. and Canada dominates the sports equipments market. North America is followed by Europe as the second largest sports equipments market. In European sports equipments market, Germany is the largest market followed by the U.K, France and Italy. In Asia-Pacific region, China and India, due to their large population, are expected to fuel the market growth. China is one of the major medal winners in the Olympics and has good inclination towards sports, thus driving the demand for sports equipment. Cricket has been the most popular sport in India. However, in recent years, other sports, such as tennis, wrestling, boxing and shooting are also moving up the popularity chart which is expected increase the demand of sports equipment of these sports in the country. Cricket is also expected to continue its leadership as most popular sport as with the introduction of new format of games such as IPL and T-20, it is expected to attract the new generation of sportspersons.
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Increase in the sports participation rate in athlete and youngster across the globe is the major driver for the sports equipments market. Increasing media coverage of various global sports events such as Olympic, Commonwealth games and world cups encourages the youth to take part in various sports. Television and internet makes it more assessable among the youth, which encourage them to towards sports, which is also one of key factor for the growth of various sports equipment.
Increase in the disposable income, growing economy, rising sports culture in the societies and passion for various sports are some other drivers for the sports equipments market.
With the growing consumer awareness about health, many people have started playing sport as recreational activities. This has resulted in widening scope of consumer for the sports equipments market. Now it not only includes sports professional but recreational sportspersons also.
Some of the major players operating in sports equipments market are Adidas AG, Amer Sports Corp., ASICS Corp., Billabong International Ltd., Cabela's Inc., Callaway Golf Co., Daiwa Seiko Corp., Dunlop Sports Group Americas Inc., Fortune Brands Inc., GLOBERIDE Inc., Jarden Corp., JJB Sports plc, Mizuno Corp., Nike Inc., Puma SE, Sports Direct International plc, The Forzani Group Ltd., Yonex Co. Ltd.
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Key points covered in the report:
1) Report segments the market on the basis of types, application, products, technology, etc (as applicable)
2) The report covers geographic segmentation
3) The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020
4) The report provides company profiles of some of the leading companies operating in the market
The report also provides porters five forces analysis of the market.
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