News briefs
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News briefsWomen’s football to enter global top five sports by 2030, according to new report
The majority of its fan base is projected to be female.
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News briefsA glimpse of Saudi padel
Saudi Arabia is the Middle Eastern country with the highest number of padel players. Over the next five years (by 2030) Saudi Arabia hopes to register 5,000 players in local competitions.
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News briefsCambodia’s footwear exports up 23% in 2024
In 2024, Cambodia’s footwear exports rose by 23 percent to $1.68 billion, according to the Ministry of Commerce.
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News briefsGlobal footwear market expected to grow 4.2% a year to 2029
Over the period, the size of the market is expected to increase by $103.6 billion.
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News briefsThe 2024 Tour of Britain boosted local economies by £30 million, according to new data
Post-event data from YouGov reveal the economic benefits to host locations of the 2024 Lloyds Tour of Britain Women and Men.
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News briefsSales for the US footwear industry reached $89.2 billion in 2024
Circana’s Consumer Tracking Service shows that the athleisure category generated $31 billion in sales and was the number one segment
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News briefsPadel continues to grow in Italy
The country passed the milestone of 4,000 indoor padel courts in 2024 and is expected to reach 10,000 courts overall this year.
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News briefsFootball apparel market to grow at 5.8% CAGR from 2025 to 2029, according to new report
Demand for jerseys worn by popular players drives market growth, with endorsement deals between brands and these players further boosting sales.
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News briefsTennis racquets market to post 9% CAGR by 2029
North America stands as the dominant region, while the amateur segment is witnessing substantial growth globally.
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News briefsGlobal yoga accessories market to post 7% CAGR by 2028
The success of health and fitness clubs and the health benefits of yoga are driving growth.
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News briefsSkateboarding equipment market poised for growth in face of increasing competition and rise of e-comm
Global skateboarding market is set for growth through 2030, driven by competitions, e-commerce and youth culture trends, says a new report.
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News briefsStockX resale report: Asics soars 589% in 2024 as sneaker resale market evolves
While traditional powerhouses like Nike and Jordan have experienced a decline, challenger brand Asics has seen almost 600% growth in resale.
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News briefsThe untapped potential of female fans in new report on sports merchandise
New research from Klarna, the AI-powered global payments network and shopping assistant, and fan intelligence company Sports Innovation Lab suggests that sportswear brands should address gender-based disparities in women’s sports merchandise accessibility. The new report, titled “Rep Her: Revealing the Unmet Demand for Women’s Sports Merchandise,” found ...
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News briefsDiving equipment market to grow at 7.5% CAGR by 2035
According to a new report by Allied Market Research, the global diving equipment market was valued at $3.5 billion in 2023 and is expected to reach $8.1 billion by 2035, a compound annual growth rate (CAGR) of 7.5 percent from 2024 to 2035. Growth is being driven by the increasing ...
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News briefsGlobal fitness equipment market to accelerate at a CAGR of 3% by 2033
According to a new report by research firm Allied Market Research, part of Allied Analytics, the global fitness equipment market is expected to reach $18.4 billion by 2033, representing a compound annual growth rate (CAGR) of 3.02 percent from 2024 to 2033. By type, the cardiovascular training equipment segment was ...
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News briefsSwedish sporting goods sales decline 5.2% in Q1 2024
Sporting goods sales in Sweden declined by 5.2 percent during the period from January to March compared to the same period last year, according to Sportindex from the industry organization Svenskt Sportforum. All months showed a decrease in growth. In January, sales decreased by 6.1 percent, by 6.5 percent in ...
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News briefsSpanish e-commerce up in first nine months of 2023
Online sales in Spain for the first nine months of 2023 rose by 25.1 percent year-on-year, from €2.654 to €3.320 billion, according to Palco23, which cites the National Commission on Markets and Competition (CNMC). The sports sector accounted for €1.792 billion, or 54 percent, of the nine-month total for 2023 ...
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News briefsEuropean sport sponsorship reached new high in 2023
According to research from the European Sponsorship Association (ESA) and Nielsen Sports, the total value of Europe’s sponsorship market increased by 6.2 percent over the past year from €29.05 billion to €30.86 billion. Sponsorship across Europe returned to pre-pandemic levels in 2023. The total volume exceeded the previous record high ...
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News briefsSuper Bowl LVIII breaks TV records with thrilling showdown and star-studded lineup
Super Bowl LVIII, played at Allegiant Stadium in Las Vegas, has rewritten the TV viewership playbook in the US. CBS, under Paramount’s ownership, hosted the game, attracting an astounding average of 123.4 million viewers. This figure surges past the previous record set by Fox during Super Bowl LVII, in 2023, ...
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News briefsA record year for professional pádel
Over the course of 2023 the International Padel Federation (FIP) – which conglomerates the Premier Padel, Cupra FIP Tour and FIP Promises circuits – held 160 tournaments for some 6,000 registered players. Of these 4,874 were professionals, hailing from 72 countries, and of the professionals 1,362 (28%) were women and ...
