Consumer insights from the sporting goods industry – Page 2
-
News briefsGerman consumer sentiment worsens
Despite a certain stabilization in the economy as a whole, consumer sentiment in Germany fell noticeably for the first time in twelve months in November, according to the latest consumer barometer from the German Retail Association (HDE). As a result, private consumption is no longer expected to stimulate growth in ...
-
AnalysisMarket Analysis: The sports equipment market 2022
Our annual summary compares the 2022 and 2021 global revenue and market-share development of 39 companies and brings you a breakdown via sector.
-
News briefsSports industry is driving urban development in Jinjiang in southeast China
The city of Jinjiang in southeast China’s Fujian Province has made great efforts in recent years to promote the integrated development of culture, sports and tourism and establish itself as China’s sports capital at the earliest opportunity. After four years, the 2023 International University Sports Federation (FISU) University Football World ...
-
News briefsBrooks Running global sales up 5% year-to-date, holds top spot in US run channel
Brooks Running’s year-to-date global revenues are up 5 percent and 7 percent higher year-over-year in the US as the Seattle-based company has reached new runners, recovered from Covid-19-related supply chain disruptions, and normalized inventory levels. Year-to-date sales for the brand in France and the UK combined are up 22 percent, ...
-
News briefsGolf apparel market’s growth is fueled by mobile solutions and social media
The global golf apparel market is projected to accelerate at a compound annual growth rate (CAGR) of 6.26 percent during the 2022-2027 period, according to a new 163-page report by Research and Markets, titled “Global Golf Apparel Market 2023-2027.” The adoption of integrated mobile solutions that enhance the overall golfing ...
-
ArticleE-commerce dominates sports apparel distribution channels, new report suggests
According to a new report by Research and Markets, the global sports apparel market is projected to reach a value of US$208.47 billion by 2023, driven by a compound annual growth rate (CAGR) of 6.10 percent during the 2022-2026 forecast period. The increasing penetration of e-commerce, the fastest-growing segment during ...
-
ArticleRental and second-hand markets contribute nearly £7bn to UK economy
A study by Barclaycard Payments has found that UK retailers are benefiting from the growing recommerce economy. 76 percent of retailers now offer more sustainable shopping formats that include rental, reuse and resale offerings. Barclaycard Payments partnered with Development Economics to combine thousands of responses from UK consumers with demographic, ...
-
News briefsPadel is experiencing exponential growth in Italy
Italy is second in Europe (after Spain) regarding the number of padel courts and participants, the International Padel Federation (IPF) said in a statement. The country experienced an increase of 16 percent in facilities (sports clubs, padel clubs, accommodation facilities) in the first nine months of 2023 compared to 2022 ...
-
ArticleThe home fitness equipment market will grow at a CAGR of 9% through 2027
The home fitness equipment market is posting a year-over-year growth of 8.55 percent in 2022-2023 and is expected to grow by US$3.1 billion from 2022 to 2027, according to a new report by research firm Technavio.The market will progress at a compound annual growth rate (CAGR) of 9 percent during ...
-
News briefsFootball thrives in Spain
Though it has long been the country’s “king sport,” football continues to expand in Spain. Citing figures put together by the market-analysis firm Circana (now part of NPD Sports Tracking Europe), Diffusion Sport relates year-on-year double-digit rises in both sales and units moved for football apparel and shoes for the ...
-
ArticleGerman e-commerce lacks positive impetus
Weak consumer sentiment continues to leave its mark on German online retail. Compared with the same quarter in 2022, according to the German e-commerce and mail order retail association (bevh), online sales of goods (including VAT, not price-adjusted) fell by 13.9 percent across the sector from the beginning of July ...
-
AnalysisMarket Analysis: The athletic footwear market 2022
Our annual summary of the athletic footwear market brings you the global revenue of 25 companies and compares how 2022 shaped up against 2021.
-
ArticleSports sunglasses market to grow at a CAGR of 7.3% by 2027
The sports sunglasses market is projected to grow at a compound annual growth rate (CAGR) of 7.3 percent from 2022 to 2027 and to post a 6.8 percent year-over-year growth rate in 2023, according to a recent 156-page report by research firm Technavio. Market growth is driven by the rising ...
-
ArticleWFSGI / McKinsey
Sporting Goods Industry SurveySGI Europe would like to invite you to participate in this year’s WFSGI / McKinsey Sporting Goods Industry Survey.
-
News briefsPGA study highlights “enormity of opportunity” for growth of women’s golf in the U.K.
A recent study carried out by U.K.-based Professional Golfers Association (PGA), in collaboration with Ipsos, has highlighted a huge opportunity to grow the women’s game in the U.K. and Ireland. The study is part of a comprehensive initiative, known as “Golf for All,” that aims to delve into the evolving ...
-
ArticleE-commerce sales continue to grow in Europe, but at a slower pace
In 2022, B2C European e-commerce grew to €899 billion, representing a 6 percent growth from 2021, according to the 2023 European E-commerce Report. The growth rate decreased from a 12 percent growth in 2021. The deceleration was attributed to saturation in e-commerce markets after the fading of the Covid-19 pandemic ...
-
News briefsGolf equipment market projected to grow at 4% CAGR by 2028
The golf equipment market, which was worth US$7.6 billion in 2022, is projected to post a compound annual growth rate (CAGR) of 4 percent during the period 2023–2028, according to a new report by Research and Markets. The growth will be primarily driven by the increasing popularity of golf, with ...
-
ArticleHead climbs to number one in tennis racquet sales in Europe
According to data from the Tennis Industry Association and Sports Marketing Surveys, tennis racquet sales for all brands in key European markets increased 14.9 percent compared to the first six months of 2022. The Austrian company Head gained market share in most of those markets – Austria, Germany, France, Italy, ...
-
ArticleSIA releases new Participation Study
Snowsports Industries America (SIA), the US trade association for the winter sports industry, has released its Participation Report for the 2022-23 winter season. The report offers insights into the state of winter sports participation in the U.S. and provides industry stakeholders with key data and trends for all winter sports ...
-
News briefsAthleisure market to grow at 5.2% CAGR by 2032
The global athleisure market generated $2.0 billion in 2022 and is projected to generate $3.2 billion by 2032, posting a compound annual growth rate (CAGR) of 5.2 percent from 2023 to 2032. The data is included in a recent 300-page report by Allied Market Research, a business-consulting wing of Allied ...
