Sports equipment market size in China 2016-2024

Published by
Yihan Ma,
Jan 17, 2025

In 2023, the total value of the sports equipment market in China reached 71 billion yuan, representing an increase of 13 percent from the previous year. The market went through a period of significant expansion in the past five years, growing from less than 40 billion yuan in prior to 2018 to its current size.

Size of fitness equipment market in China from 2016 to 2023 with an estimate for 2024 (in billion yuan)

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Release date

May 2024

Region

China

Survey time period

2016 to 2021

Supplementary notes

* Estimate.

One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of January 2025).

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