Australia Sports Equipment Market Size & Outlook
Australia sports equipment market, 2017-2030 (US$B)
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Australia sports equipment market highlights
- The Australia sports equipment market generated a revenue of USD 9.0 billion in 2021 and is expected to reach USD 17.4 billion by 2030.
- The Australia market is expected to grow at a CAGR of 7.6% 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.
Sports equipment market data book summary
| Market revenue in 2021 | USD 9.0 billion |
| Market revenue in 2030 | USD 17.4 billion |
| Growth rate | 7.6% (CAGR from 2021 to 2030) |
| Largest segment | Ball games |
| Fastest growing segment | Fitness/Strength Equipment |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 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, Australia accounted for 2.7% of the global sports equipment market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China sports equipment market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 38.7 billion by 2030.
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Sports Equipment Market Scope
Sports Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia 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 33.33% in 2021. Horizon Databook has segmented the Australia 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 demand for sports equipment in Australia is driven by factors such as the popularity of different sports and physical activities, the availability of outdoor spaces, and the overall health and fitness trends in the country. Some of the most popular sports in Australia are football (soccer), cricket, rugby, tennis, and swimming.
Sports play a significant role in the Australian culture, with many Australians actively participating in and following various sports such as cricket, rugby, hockey, and football. Also, the children are actively engaging in outdoor sports, and the participation rates have increased over recent years.
There has been a significant increase in boys' participation in the 0-14 age category. This scenario will propel the demand for sports equipment among children. In recent years, there has also been a growing interest in fitness and wellness activities such as yoga, Pilates, and CrossFit, which has led to an increased demand for related sports equipment and gear.
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Our clientele includes a mix of sports equipment market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Australia sports equipment market , including forecasts for subscribers. This country databook contains high-level insights into Australia sports equipment market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Australia sports equipment market size, by product, 2017-2030 (US$B)
Australia Sports Equipment Market Outlook Share, 2021 & 2030 (US$B)
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