Asia Pacific Sports Equipment Market Size & Outlook
Asia Pacific sports equipment market, 2017-2030 (US$B)
Related Markets
Asia Pacific sports equipment market highlights
- The Asia Pacific sports equipment market generated a revenue of USD 82.9 billion in 2021.
- The market is expected to grow at a CAGR of 7.3% from 2022 to 2030.
- In terms of segment, ball games was the largest revenue generating product in 2021.
- Fitness/Strength Equipment is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2022 to 2030.
Asia Pacific data book summary
| Market revenue in 2021 | USD 82.9 billion |
| Market revenue in 2030 | USD 155.7 billion |
| Growth rate | 7.3% (CAGR from 2021 to 2030) |
| Largest segment | Ball games |
| Fastest growing segment | Fitness/Strength Equipment |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Ball Over Net Games, Ball Games, Fitness/Strength Equipment, Athletic Training Equipment |
| Key market players worldwide | Adidas AG, Amer Sports Inc, Topgolf Callaway Brands Corp, Sumitomo Rubber Industries Ltd, Nike Inc Class B, Puma SE, Mizuno Corp, Frasers Group PLC, Under Armour Inc Class A, Yonex Co Ltd |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 25.0% of the global sports equipment market in 2021.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 155.7 billion by 2030.
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Sports Equipment Market Scope
Sports Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific sports equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to sports equipment market will help companies and investors design strategic landscapes.
Ball games was the largest segment with a revenue share of 34.74% in 2021. Horizon Databook has segmented the Asia Pacific sports equipment market based on ball over net games, ball games, fitness/strength equipment, athletic training equipment covering the revenue growth of each sub-segment from 2017 to 2030.
The growing emphasis on work-life balance by various government agencies and companies in the region is resulting in increasing the adoption of sports goods and athleisure in the region. The spending on associated clothing and footwear has increased over the past few years. With sports fashion gaining popularity among local consumers, increasing spending on sports apparel and footwear, and the trend of athleisure gaining popularity, companies in the market are focusing on catering to evolving consumer demands.
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Target buyers of Asia Pacific sports equipment market databook
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Our clientele includes a mix of sports equipment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific sports equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific sports equipment market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific sports equipment market size, by country, 2017-2030 (US$B)
Asia Pacific Sports Equipment Market Outlook Share, 2021 & 2030 (US$B)
Related regional statistics
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