Global Market Study on Sports Equipment: Ball Sports to be the largest segment by 2020

1. Sports Equipment Market Is Expected To Grow To USD $21,778.6 Million By 2020 At A CAGR Of 3.6% The global sports equipment market is witnessing considerable growth over the last few years. Increasing the participation in sports activities, growing consumer awareness about health and fitness, and the emergence of e- commerce are some of the key drivers impelling growth of the sports equipment market. However, increasing availability of counterfeit products and rising prices of sports equipment are restraining the growth of this market to some extent. The global sports equipment market consists of equipment for ball sports, adventure sports, fitness, golf, winter sports, and others sports, including archery, billiards, bowling, wheel sports, pogo sticks, and indoor games. Among the various sports equipment segments, ball sports hold the largest market share. Increasing media coverage of various global sports events such as the Olympic Games, Commonwealth Games, and FIFA World Cups encourage the youth to take part in various sports. The sports equipment industry is swiftly embracing new technologies and adapting its products in order to keep pace with rapidly changing global trends.

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. For more information ask for sample report @ https://www.persistencemarketresearch.com/samples/2794 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%. For more information ask an expert @ https://www.persistencemarketresearch.com/ask-an-expert/2794 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.

3. Key Points Covered in the Report  Market segmentation on the basis of product  Geographic segmentation oNorth America oEurope oAsia Pacific oRoW  Market size and forecast of the various segments and geographies for the period of 2010 to 2020  Company profiles of the leading companies operating in the market  Porter’s five forces analysis of the market Get Full Report @ https://www.persistencemarketresearch.com/checkout/2794 About us: Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes. Contact us: Persistence Market Research 305 Broadway 7th Floor, New York City, NY 10007, United States, USA – Canada Toll Free: 800-961-0353 Email: sales@persistencemarketresearch.com Web: www.persistencemarketresearch.com