UK Sports Equipment Market Size & Outlook, 2021-2030
UK sports equipment market, 2017-2030 (US$B)
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UK sports equipment market highlights
- The UK sports equipment market generated a revenue of USD 17.1 billion in 2021 and is expected to reach USD 30.8 billion by 2030.
- The UK market is expected to grow at a CAGR of 6.8% 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 17.1 billion |
| Market revenue in 2030 | USD 30.8 billion |
| Growth rate | 6.8% (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, UK accounted for 5.2% 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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UK 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 33.92% in 2021. Horizon Databook has segmented the UK 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.
An increasing number of people participating in sports and wellness activities to maintain fitness and health is expected to drive the consumption of sports equipment and apparel over the forecast period. The U.K. is home to a large number of sports enthusiasts In addition, large-scale events like the Commonwealth Games have left a positive impact on the local community.
In August 2022, Sport England partnered with Birmingham 2022 organizers and the Department for Digital, Culture, Media and Sport (DCMS) for a giveaway of more than 16,000 sports items that will help support local sports and community groups in the West Midlands and encourage people to be active even after the Games are over.
The items included in the giveaway were basketballs, T20 cricket equipment, boxing gloves, martial arts mats, and others. Such partnerships between government departments, event organizers, and local organizations benefit the sports community and will raise the demand for sports equipment in the country.
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Target buyers of UK 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 UK sports equipment market , including forecasts for subscribers. This country databook contains high-level insights into UK sports equipment market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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UK sports equipment market size, by product, 2017-2030 (US$B)
UK Sports Equipment Market Outlook Share, 2021 & 2030 (US$B)
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