China Sports Equipment Market Size & Outlook, 2021-2030
China sports equipment market, 2017-2030 (US$B)
Related Markets
China sports equipment market highlights
- The China sports equipment market generated a revenue of USD 22.6 billion in 2021 and is expected to reach USD 42.7 billion by 2030.
- The China 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.
Sports equipment market data book summary
| Market revenue in 2021 | USD 22.6 billion |
| Market revenue in 2030 | USD 42.7 billion |
| Growth rate | 7.3% (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, China accounted for 6.8% 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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China 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 35.4% in 2021. Horizon Databook has segmented the China 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.
China is a major sporting goods manufacturer and textile producer and exporter and, therefore, one of the largest production hubs for sports goods and sports clothing. In addition, the presence of several manufacturers producing sports goods has resulted in the availability of a variety of product options for consumers in the country.
The Asia Pacific sports equipment market is primarily driven by China, owing to the availability of a large number of sports facilities and an effective environment for the growth of sports in the country. This is mainly attributed to the popularity of sports among the locals.
In addition, a large millennial population is another driving force for sports equipment in China. Government efforts to encourage an active lifestyle among the population are also boosting the demand for sports equipment in the country.
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Target buyers of China 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 country-level data and insights on the China sports equipment market , including forecasts for subscribers. This country databook contains high-level insights into China sports equipment market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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China sports equipment market size, by product, 2017-2030 (US$B)
China Sports Equipment Market Outlook Share, 2021 & 2030 (US$B)
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