Germany Sports Equipment Market Size & Outlook, 2021-2030
Germany sports equipment market, 2017-2030 (US$B)
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Germany sports equipment market highlights
- The Germany sports equipment market generated a revenue of USD 19.2 billion in 2021 and is expected to reach USD 33.8 billion by 2030.
- The Germany market is expected to grow at a CAGR of 6.5% 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 19.2 billion |
| Market revenue in 2030 | USD 33.8 billion |
| Growth rate | 6.5% (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, Germany accounted for 5.8% 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 Europe, Germany sports equipment market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 30.8 billion by 2030.
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Sports Equipment Market Scope
Sports Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 33.85% in 2021. Horizon Databook has segmented the Germany 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 sports equipment market in Germany is expected to ascend at a CAGR of 6.7% over the forecast period. The popularity of football in Germany is growing exponentially, hence increasing demand for sports goods and luggage in the region. This country holds four World Cups and three European Championships, influencing the popularity of sports among the younger generation.
As per the German Football Association, Germany had over 26,000 football clubs. A growing number of professional players along with the increasing will of amateur players and efforts taken by them to become professionals is acting as a major factor in the growth of the sports equipment industry 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 Germany sports equipment market , including forecasts for subscribers. This country databook contains high-level insights into Germany sports equipment market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Germany sports equipment market size, by product, 2017-2030 (US$B)
Germany Sports Equipment Market Outlook Share, 2021 & 2030 (US$B)
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