Brazil Sports Equipment Market Size & Outlook, 2021-2030
Brazil sports equipment market, 2017-2030 (US$B)
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Brazil sports equipment market highlights
- The Brazil sports equipment market generated a revenue of USD 11.5 billion in 2021 and is expected to reach USD 19.6 billion by 2030.
- The Brazil market is expected to grow at a CAGR of 6.1% 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 11.5 billion |
| Market revenue in 2030 | USD 19.6 billion |
| Growth rate | 6.1% (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, Brazil accounted for 3.5% 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 Latin America, Brazil sports equipment market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 10.6 billion by 2030.
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Sports Equipment Market Scope
Sports Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil 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 35.65% in 2021. Horizon Databook has segmented the Brazil 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.
Brazilians' ability to socialize was restricted by the pandemic, which also forced most families to remain in quarantine. During this time, television programs like sporting events became substantially more popular. Major players have been making significant deals to increase their dominance in the sports equipment market. Football is among the most popular sports in Brazil.
The growing popularity of American football is expected to provide lucrative growth opportunities for sports footwear in the coming years. The country has over 2.1 million registered footballers. Therefore, increasing participation of children and women in physical activities coupled with the growing popularity of football, volleyball, and golf is likely to drive the demand for sports equipment in the country.
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Our clientele includes a mix of sports equipment market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil sports equipment market , including forecasts for subscribers. This country databook contains high-level insights into Brazil sports equipment market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil sports equipment market size, by product, 2017-2030 (US$B)
Brazil Sports Equipment Market Outlook Share, 2021 & 2030 (US$B)
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