Market revenue in 2021 | USD 91.5 billion |
Market revenue in 2030 | USD 160.4 billion |
Growth rate | 6.4% (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 |
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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 33.66% in 2021. Horizon Databook has segmented the Europe 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 presence of a large number of sports and fitness facilities in the region has driven the number of participants, leading to the growing demand for sports equipment in Europe. In total, the sector welcomed 2.4 million new members in 2019. It further states that 8.1% of the total European population were health or fitness club members, with a penetration rate of 9.7% for people aged 15 years and older.
The growing tendency of consumers among all age groups of being healthier and living a more active lifestyle is driving the participation in sports and fitness clubs, and subsequently the demand for sports equipment.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe sports equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Europe sports equipment market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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