The global Retail Sporting Goods market was valued at US$ 577.62 billion in 2023 and is projected to reach US$ 1316.06 billion by 2035, at a CAGR of 11.55% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Sports goods is a general term for all the items used in the process of education, competitive sports and physical exercise.
This report aims to provide a comprehensive presentation of the global market for Retail Sporting Goods, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Retail Sporting Goods. This report contains market size and forecasts of Retail Sporting Goods in global, including the following market information:
- Global Retail Sporting Goods Market Revenue, 2018-2023, 2024-2035, ($ millions)
- Global top five companies in 2023 (%)
The retail sporting goods market has seen significant growth over recent years, driven by increasing health consciousness and rising participation in sports activities. As of the latest reports, the global sporting goods market is valued at approximately $180 billion, with projections indicating continued expansion.
Demographics
- Age Distribution: The primary consumer base for sporting goods ranges from teenagers to middle-aged adults. A significant segment of this market is comprised of individuals aged 18-34, accounting for nearly 45% of total sales. The 35-54 age group follows closely, contributing around 30% of sales.
- Gender: The market is fairly balanced in terms of gender, with male consumers representing about 55% of the market share and female consumers making up the remaining 45%.
- Income Levels: Higher-income households are more likely to purchase premium sporting goods. Approximately 60% of consumers have an annual household income exceeding $75,000, showcasing a willingness to invest in quality and brand-name products.
Purchasing Behavior
- Frequency of Purchase: On average, active consumers purchase sporting goods 3-4 times per year. Seasonal spikes are observed around major sports events, back-to-school periods, and the holiday season.
- Spending Patterns: The average spending per transaction ranges from $50 to $150. Enthusiasts and professional athletes tend to spend significantly more, often exceeding $500 per purchase.
- Product Preferences: Footwear, apparel, and fitness equipment are the top-selling categories. There is a growing demand for athleisure wear, reflecting a blend of fashion and functionality.
Influencing Factors
- Brand Loyalty: Approximately 70% of consumers exhibit strong brand loyalty, with Nike, Adidas, and Under Armour being the most preferred brands. Brand reputation and product quality are critical factors influencing repeat purchases.
- Online vs. In-Store Purchases: E-commerce has seen a substantial rise, with about 40% of consumers preferring to shop online due to convenience and better deals. However, physical stores remain crucial for trying out products, particularly footwear and equipment.
- Social Media Influence: Social media platforms, especially Instagram and YouTube, play a pivotal role in shaping purchasing decisions. Around 50% of consumers follow their favorite sports brands and athletes on these platforms, often influenced by endorsements and reviews.
Emerging Trends
- Sustainability: There is a growing emphasis on sustainable and eco-friendly products. Approximately 35% of consumers are willing to pay a premium for products made from recycled materials or those that have a minimal environmental impact.
- Technological Integration: Wearable technology and smart equipment are becoming increasingly popular. Nearly 25% of consumers own some form of smart sports gear, such as fitness trackers or smart shoes.
- Customization: Personalized products, such as custom-designed sneakers or bespoke sportswear, are gaining traction. About 20% of consumers have expressed interest in or have already purchased customized sporting goods.
The major drivers of the retail sporting goods industry are growth in disposable income, governments promoting sports activities and encouraging sports participation, rising number of health-conscious people.
We surveyed the Retail Sporting Goods companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Retail Sporting Goods Market, by Type, 2018-2023, 2024-2035 ($ millions)
Global Retail Sporting Goods Market Segment Percentages, by Type, 2023 (%)
- Athletic Apparel
- Athletic Footwear
- Sports Equipment
Global Retail Sporting Goods Market, by Application, 2018-2023, 2024-2035 ($ millions)
Global Retail Sporting Goods Market Segment Percentages, by Application, 2023 (%)
Global Retail Sporting Goods Market, By Region and Country, 2018-2023, 2024-2035 ($ Millions)
Global Retail Sporting Goods Market Segment Percentages, By Region and Country, 2023 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Retail Sporting Goods revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Retail Sporting Goods revenues share in global market, 2023 (%)
key players include:
- Adidas
- Dick's
- Foot Locker
- Nike
- Puma
- Rudolf Dassler
Outline of Major Chapters:
Chapter 1: Introduces the definition of Retail Sporting Goods, market overview.
Chapter 2: Global Retail Sporting Goods market size in revenue.
Chapter 3: Detailed analysis of Retail Sporting Goods company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Retail Sporting Goods in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Retail Sporting Goods Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Retail Sporting Goods Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Retail Sporting Goods Overall Market Size
2.1 Global Retail Sporting Goods Market Size: 2022 VS 2035
2.2 Global Retail Sporting Goods Market Size, Prospects & Forecasts: 2018-2035
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Retail Sporting Goods Players in Global Market
3.2 Top Global Retail Sporting Goods Companies Ranked by Revenue
3.3 Global Retail Sporting Goods Revenue by Companies
3.4 Top 3 and Top 5 Retail Sporting Goods Companies in Global Market, by Revenue in 2022
3.5 Global Companies Retail Sporting Goods Product Type
3.6 Tier 1, Tier 2 and Tier 3 Retail Sporting Goods Players in Global Market
3.6.1 List of Global Tier 1 Retail Sporting Goods Companies
3.6.2 List of Global Tier 2 and Tier 3 Retail Sporting Goods Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Retail Sporting Goods Market Size Markets, 2022 & 2035
4.1.2 Athletic Apparel
4.1.3 Athletic Footwear
4.1.4 Sports Equipment
4.2 By Type - Global Retail Sporting Goods Revenue & Forecasts
4.2.1 By Type - Global Retail Sporting Goods Revenue, 2018-2023
4.2.2 By Type - Global Retail Sporting Goods Revenue, 2024-2035
4.2.3 By Type - Global Retail Sporting Goods Revenue Market Share, 2018-2035
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Retail Sporting Goods Market Size, 2022 & 2035
5.1.2 Men
5.1.3 Women
5.1.4 Children
5.2 By Application - Global Retail Sporting Goods Revenue & Forecasts
5.2.1 By Application - Global Retail Sporting Goods Revenue, 2018-2023
5.2.2 By Application - Global Retail Sporting Goods Revenue, 2024-2035
5.2.3 By Application - Global Retail Sporting Goods Revenue Market Share, 2018-2035
6 Sights by Region
6.1 By Region - Global Retail Sporting Goods Market Size, 2022 & 2035
6.2 By Region - Global Retail Sporting Goods Revenue & Forecasts
6.2.1 By Region - Global Retail Sporting Goods Revenue, 2018-2023
6.2.2 By Region - Global Retail Sporting Goods Revenue, 2024-2035
6.2.3 By Region - Global Retail Sporting Goods Revenue Market Share, 2018-2035
6.3 North America
6.3.1 By Country - North America Retail Sporting Goods Revenue, 2018-2035
6.3.2 US Retail Sporting Goods Market Size, 2018-2035
6.3.3 Canada Retail Sporting Goods Market Size, 2018-2035
6.3.4 Mexico Retail Sporting Goods Market Size, 2018-2035
6.4 Europe
6.4.1 By Country - Europe Retail Sporting Goods Revenue, 2018-2035
6.4.2 Germany Retail Sporting Goods Market Size, 2018-2035
6.4.3 France Retail Sporting Goods Market Size, 2018-2035
6.4.4 U.K. Retail Sporting Goods Market Size, 2018-2035
6.4.5 Italy Retail Sporting Goods Market Size, 2018-2035
6.4.6 Russia Retail Sporting Goods Market Size, 2018-2035
6.4.7 Nordic Countries Retail Sporting Goods Market Size, 2018-2035
6.4.8 Benelux Retail Sporting Goods Market Size, 2018-2035
6.5 Asia
6.5.1 By Region - Asia Retail Sporting Goods Revenue, 2018-2035
6.5.2 China Retail Sporting Goods Market Size, 2018-2035
6.5.3 Japan Retail Sporting Goods Market Size, 2018-2035
6.5.4 South Korea Retail Sporting Goods Market Size, 2018-2035
6.5.5 Southeast Asia Retail Sporting Goods Market Size, 2018-2035
6.5.6 India Retail Sporting Goods Market Size, 2018-2035
6.6 South America
6.6.1 By Country - South America Retail Sporting Goods Revenue, 2018-2035
6.6.2 Brazil Retail Sporting Goods Market Size, 2018-2035
6.6.3 Argentina Retail Sporting Goods Market Size, 2018-2035
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Retail Sporting Goods Revenue, 2018-2035
6.7.2 Turkey Retail Sporting Goods Market Size, 2018-2035
6.7.3 Israel Retail Sporting Goods Market Size, 2018-2035
6.7.4 Saudi Arabia Retail Sporting Goods Market Size, 2018-2035
6.7.5 UAE Retail Sporting Goods Market Size, 2018-2035
7 Retail Sporting Goods Companies Profiles
7.1 Adidas
7.1.1 Adidas Company Summary
7.1.2 Adidas Business Overview
7.1.3 Adidas Retail Sporting Goods Major Product Offerings
7.1.4 Adidas Retail Sporting Goods Revenue in Global Market (2018-2023)
7.1.5 Adidas Key News & Latest Developments
7.2 Dick's
7.2.1 Dick's Company Summary
7.2.2 Dick's Business Overview
7.2.3 Dick's Retail Sporting Goods Major Product Offerings
7.2.4 Dick's Retail Sporting Goods Revenue in Global Market (2018-2023)
7.2.5 Dick's Key News & Latest Developments
7.3 Foot Locker
7.3.1 Foot Locker Company Summary
7.3.2 Foot Locker Business Overview
7.3.3 Foot Locker Retail Sporting Goods Major Product Offerings
7.3.4 Foot Locker Retail Sporting Goods Revenue in Global Market (2018-2023)
7.3.5 Foot Locker Key News & Latest Developments
7.4 Nike
7.4.1 Nike Company Summary
7.4.2 Nike Business Overview
7.4.3 Nike Retail Sporting Goods Major Product Offerings
7.4.4 Nike Retail Sporting Goods Revenue in Global Market (2018-2023)
7.4.5 Nike Key News & Latest Developments
7.5 Puma
7.5.1 Puma Company Summary
7.5.2 Puma Business Overview
7.5.3 Puma Retail Sporting Goods Major Product Offerings
7.5.4 Puma Retail Sporting Goods Revenue in Global Market (2018-2023)
7.5.5 Puma Key News & Latest Developments
7.6 Rudolf Dassler
7.6.1 Rudolf Dassler Company Summary
7.6.2 Rudolf Dassler Business Overview
7.6.3 Rudolf Dassler Retail Sporting Goods Major Product Offerings
7.6.4 Rudolf Dassler Retail Sporting Goods Revenue in Global Market (2018-2023)
7.6.5 Rudolf Dassler Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Retail Sporting Goods Market Opportunities & Trends in Global Market
Table 2. Retail Sporting Goods Market Drivers in Global Market
Table 3. Retail Sporting Goods Market Restraints in Global Market
Table 4. Key Players of Retail Sporting Goods in Global Market
Table 5. Top Retail Sporting Goods Players in Global Market, Ranking by Revenue (2022)
Table 6. Global Retail Sporting Goods Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global Retail Sporting Goods Revenue Share by Companies, 2018-2023
Table 8. Global Companies Retail Sporting Goods Product Type
Table 9. List of Global Tier 1 Retail Sporting Goods Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Retail Sporting Goods Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global Retail Sporting Goods Revenue, (US$, Mn), 2022 & 2035
Table 12. By Type - Retail Sporting Goods Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - Retail Sporting Goods Revenue in Global (US$, Mn), 2024-2035
Table 14. By Application ? Global Retail Sporting Goods Revenue, (US$, Mn), 2022 & 2035
Table 15. By Application - Retail Sporting Goods Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - Retail Sporting Goods Revenue in Global (US$, Mn), 2024-2035
Table 17. By Region ? Global Retail Sporting Goods Revenue, (US$, Mn), 2022 & 2035
Table 18. By Region - Global Retail Sporting Goods Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global Retail Sporting Goods Revenue (US$, Mn), 2024-2035
Table 20. By Country - North America Retail Sporting Goods Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America Retail Sporting Goods Revenue, (US$, Mn), 2024-2035
Table 22. By Country - Europe Retail Sporting Goods Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe Retail Sporting Goods Revenue, (US$, Mn), 2024-2035
Table 24. By Region - Asia Retail Sporting Goods Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia Retail Sporting Goods Revenue, (US$, Mn), 2024-2035
Table 26. By Country - South America Retail Sporting Goods Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America Retail Sporting Goods Revenue, (US$, Mn), 2024-2035
Table 28. By Country - Middle East & Africa Retail Sporting Goods Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa Retail Sporting Goods Revenue, (US$, Mn), 2024-2035
Table 30. Adidas Company Summary
Table 31. Adidas Retail Sporting Goods Product Offerings
Table 32. Adidas Retail Sporting Goods Revenue (US$, Mn) & (2018-2023)
Table 33. Adidas Key News & Latest Developments
Table 34. Dick's Company Summary
Table 35. Dick's Retail Sporting Goods Product Offerings
Table 36. Dick's Retail Sporting Goods Revenue (US$, Mn) & (2018-2023)
Table 37. Dick's Key News & Latest Developments
Table 38. Foot Locker Company Summary
Table 39. Foot Locker Retail Sporting Goods Product Offerings
Table 40. Foot Locker Retail Sporting Goods Revenue (US$, Mn) & (2018-2023)
Table 41. Foot Locker Key News & Latest Developments
Table 42. Nike Company Summary
Table 43. Nike Retail Sporting Goods Product Offerings
Table 44. Nike Retail Sporting Goods Revenue (US$, Mn) & (2018-2023)
Table 45. Nike Key News & Latest Developments
Table 46. Puma Company Summary
Table 47. Puma Retail Sporting Goods Product Offerings
Table 48. Puma Retail Sporting Goods Revenue (US$, Mn) & (2018-2023)
Table 49. Puma Key News & Latest Developments
Table 50. Rudolf Dassler Company Summary
Table 51. Rudolf Dassler Retail Sporting Goods Product Offerings
Table 52. Rudolf Dassler Retail Sporting Goods Revenue (US$, Mn) & (2018-2023)
Table 53. Rudolf Dassler Key News & Latest Developments
List of Figures
Figure 1. Retail Sporting Goods Segment by Type in 2022
Figure 2. Retail Sporting Goods Segment by Application in 2022
Figure 3. Global Retail Sporting Goods Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Retail Sporting Goods Market Size: 2022 VS 2035 (US$, Mn)
Figure 6. Global Retail Sporting Goods Revenue, 2018-2035 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Retail Sporting Goods Revenue in 2022
Figure 8. By Type - Global Retail Sporting Goods Revenue Market Share, 2018-2035
Figure 9. By Application - Global Retail Sporting Goods Revenue Market Share, 2018-2035
Figure 10. By Type - Global Retail Sporting Goods Revenue, (US$, Mn), 2022 & 2035
Figure 11. By Type - Global Retail Sporting Goods Revenue Market Share, 2018-2035
Figure 12. By Application - Global Retail Sporting Goods Revenue, (US$, Mn), 2022 & 2035
Figure 13. By Application - Global Retail Sporting Goods Revenue Market Share, 2018-2035
Figure 14. By Region - Global Retail Sporting Goods Revenue Market Share, 2018-2035
Figure 15. By Country - North America Retail Sporting Goods Revenue Market Share, 2018-2035
Figure 16. US Retail Sporting Goods Revenue, (US$, Mn), 2018-2035
Figure 17. Canada Retail Sporting Goods Revenue, (US$, Mn), 2018-2035
Figure 18. Mexico Retail Sporting Goods Revenue, (US$, Mn), 2018-2035
Figure 19. By Country - Europe Retail Sporting Goods Revenue Market Share, 2018-2035
Figure 20. Germany Retail Sporting Goods Revenue, (US$, Mn), 2018-2035
Figure 21. France Retail Sporting Goods Revenue, (US$, Mn), 2018-2035
Figure 22. U.K. Retail Sporting Goods Revenue, (US$, Mn), 2018-2035
Figure 23. Italy Retail Sporting Goods Revenue, (US$, Mn), 2018-2035
Figure 24. Russia Retail Sporting Goods Revenue, (US$, Mn), 2018-2035
Figure 25. Nordic Countries Retail Sporting Goods Revenue, (US$, Mn), 2018-2035
Figure 26. Benelux Retail Sporting Goods Revenue, (US$, Mn), 2018-2035
Figure 27. By Region - Asia Retail Sporting Goods Revenue Market Share, 2018-2035
Figure 28. China Retail Sporting Goods Revenue, (US$, Mn), 2018-2035
Figure 29. Japan Retail Sporting Goods Revenue, (US$, Mn), 2018-2035
Figure 30. South Korea Retail Sporting Goods Revenue, (US$, Mn), 2018-2035
Figure 31. Southeast Asia Retail Sporting Goods Revenue, (US$, Mn), 2018-2035
Figure 32. India Retail Sporting Goods Revenue, (US$, Mn), 2018-2035
Figure 33. By Country - South America Retail Sporting Goods Revenue Market Share, 2018-2035
Figure 34. Brazil Retail Sporting Goods Revenue, (US$, Mn), 2018-2035
Figure 35. Argentina Retail Sporting Goods Revenue, (US$, Mn), 2018-2035
Figure 36. By Country - Middle East & Africa Retail Sporting Goods Revenue Market Share, 2018-2035
Figure 37. Turkey Retail Sporting Goods Revenue, (US$, Mn), 2018-2035
Figure 38. Israel Retail Sporting Goods Revenue, (US$, Mn), 2018-2035
Figure 39. Saudi Arabia Retail Sporting Goods Revenue, (US$, Mn), 2018-2035
Figure 40. UAE Retail Sporting Goods Revenue, (US$, Mn), 2018-2035
Figure 41. Adidas Retail Sporting Goods Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. Dick's Retail Sporting Goods Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. Foot Locker Retail Sporting Goods Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. Nike Retail Sporting Goods Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. Puma Retail Sporting Goods Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. Rudolf Dassler Retail Sporting Goods Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
