Market Insights report
Sport activities connect people in ways few other activities can, and generally keeps them fitter and healthier. The Sports Equipment segment includes different sports requisites with which sports activities can be carried out. Overall, Sports Equipment generated about US$160.9 billion in revenues worldwide in 2023, and by 2029, this is forecast to rise to US$226.6 billion.
What's included?
The Sports Equipment segment derives great advantages from the rapidly growing sports market, as more people become more enthusiastic about moving their bodies. Hobbies like skiing, surfing, fishing or hiking are increasingly becoming more popular. The constant growth of the Sports Equipment segment is fueled by an overall trend toward an active lifestyle, increasing awareness of health and fitness issues, growing participation in sports activities and a rise in online retail. Amer Sports is a key player in the sports equipment industry. In 2029, the Sports Equipment segment revenue is forecast to reach approximately US$226.6 billion, a steady increase from about US$160.9 billion in 2023. In this same year, the segment accounted for 48% of the worldwide Toys and Hobby market revenue.
Overview
Overview
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