Sports equipment market worth USD 143104.75 million by 2030 : Fatpos Global

The Sports Equipment Market will exceed USD 143,104.75 million by 2031 from USD 78,683.2 million in 2021 at a CAGR of 6.16% in the coming years, i.e., 2021-31.

PHILADELPHIA, USA, February 2, 2022 /EINPresswire.com/ — Fatpos Global released a report titled “Sports equipment market –Global Market Size, Share and Trends Analysis 2020-2021 and Forecast to 2031”, which is expected to reach USD 143104.75 Million by 2031. According to a study by Fatpos Global, the market for sports equipment is expected to exceed USD 35982.46 million by 2031 from USD 78683.2 million in 2021 at a CAGR of 6.16% in the coming years i.e. 2021-31. The wide expansion coupled with a growing inclination for sports and the rise of technology is expected to boost the demand for the sports equipment market. The growing demand for such a user-friendly and practical product and the growing consumption of sports equipment in emerging countries drive the growth over the period.

“Rising awareness in terms of overall health and fitness is one of the major drivers of growth for the stimulants market. Additionally, the continuous improvement in the materials used for the manufacture of sports equipment helps to improve the performance of the products, thereby increasing the rate of demand. For example, with advances in sensor technologies, consumers are increasingly demanding equipment that can provide them with an applicable view of performance,” said a senior analyst at Fatpos Global.

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• Table of Contents (scope covered within the scope of the study)
• Research methodology
• Key player mentioned in the report
• Presentation of data
• Market taxonomy
• Size and share analysis
• Post-COVID-19 impact analysis
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Sports Equipment Market: Key Players
• Aldi Einkauf GmbH & Co oHG
• SA Rally
• Lidl Dienstleistung GmbH & Co KG
• FILA Holdings Corporation
• BasicNet SpA
• Carrefour SA
• Aeon Co., Ltd.
• Mizuno Corporation
• Seven & I Holdings Co. Ltd.
• Globeride, Inc.
• Other top players

Sports equipment is the apparatus, materials, clothing, tools and equipment used to compete in a sport and varies by sport. Wearing the proper gear reduces the risk of injury, allowing you to focus more on the game and not worry about any accidents that may occur. The equipment necessary for the practice of a sport such as balls, bats, skates, ropes, weights and protective devices for athletes during their performance such as masks, gloves, mouthpieces and much more others are called sports equipment.

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In the new report, Fatpos Global endeavors to present an unbiased analysis of the Sports Equipment Market which covers historical demand data as well as forecast figures for the period, i.e., 2021-2031. The study includes compelling information about the growth seen in the market. The sports equipment market is segmented by product type into ball games, net ball games, fitness/strength equipment, sports training equipment; By distribution channel in the online market, retail stores/stationery and others; by the household and commercial end user; Geographically, the market is segmented into North America, Latin America, Europe, Asia-Pacific, Middle East and Africa.

Market regions
• North America: (United States and Canada)
• Latin America: (Brazil, Mexico, Argentina, rest of Latin America)
• Europe: (Germany, United Kingdom, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe)
• Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, rest of Asia-Pacific)
• Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa)

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Sports Equipment Market Segmentation:

By product type
• Ball games
• Ball games over the net
• Fitness/bodybuilding equipment
• Sports training equipment
By type
• Racing sports
• Ball sports
• Nautical sports
• Extreme sports
• Others
Per end user
• Housework
• Commercial

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