Market revenue in 2021 | USD 92.3 billion |
Market revenue in 2030 | USD 156.9 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 |
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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 32.83% in 2021. Horizon Databook has segmented the U.S. 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.
In the U.S., ball sports are more popular compared to racquet sports. The 2021 data released by the Sports & Fitness Industry Association has revealed that in the U.S., the top five participating and the most popular sports are the ball sports (football, baseball, soccer, basketball, and volleyball). Further, in Canada and Mexico too, the most popular sports among individuals are ball sports.
The popularity of ball sports has surged in the U.S. in the past few years leading to increased expenditure on sporting equipment and accessories for club-based football in the U.S. For instance, the popularity of the Super Bowl is unprecedented in the U.S.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. sports equipment market , including forecasts for subscribers. This country databook contains high-level insights into U.S. sports equipment market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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