Europe Sports Equipment and Apparel Market Growth, Size, Trends, Share and Future Outlook
Europe Sports Equipment and Apparel Market Size- By Product Type, By Sports Type, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Jul-2024 | Report ID: FMCG24142 | Pages: 1 - 156 | Formats*: |
| Category : Consumer & Retail | |||
Europe Sports Equipment and Apparel Market Introduction and Overview
According to SPER Market Research, the Europe Sports Equipment and Apparel Market is estimated to reach USD XX million by 2033 with a CAGR XX%.
The report includes an in-depth analysis of the Europe Sports Equipment and Apparel Market, including market size and trends, product mix, distribution channels, and supplier analysis. Sports equipment are gadgets used to engage in sporting activities while protecting participants from injury. These devices assist in adhering to the rules and regulations of a specific sport. Sports apparel, on the other hand, is a type of performance wear that helps players improve their performance in sports activities by providing the necessary comfort.
- In April 2024, PUMA, the global sports corporation, unveiled its 2024 National Team Home and Away jerseys, which include special designs that honour each nation's distinct heritage. The Authentic edition features PUMA's cutting-edge, ultra-light ULTRAWEAVE technology, whereas the Replica jerseys are made with PUMA's RE:FIBRE recycling technology.
- Franklin Sports, a well-known sporting goods manufacturer, and Major League Baseball (MLB) announced in March 2024 that their long-standing agreement, now in its 40th year, will be extended. The family-owned Massachusetts company continues to supply MLB's Official On-Field Batting Gloves and serves as a strategic partner for youth engagement programmes. On March 12th, Franklin's PRT-Series of Protective goods will include the sliding glove, a popular among professional and amateur sports, as part of the MLB Authentic Collection.
- May 2022 - Adidas AG (XETRA: ADS.DE) ("Adidas"), a global sports apparel manufacturer in the sporting goods industry, and Foot Locker, Inc. (NYSE: FL) ("Foot Locker"), a New York-based specialty athletic retailer, today announced a new and expanded partnership centred on product innovation, elevated experiences, and deeper consumer connectivity. This strengthened relationship will position Foot Locker as Adidas' lead basketball partner, speed energy and hype releases, and feature the development and expansion of important franchises in women's, kids', and clothing.
Market Opportunities and Challenges
Opportunities: Increase in Sports and Fitness Awareness Around the World
Because of a growing knowledge of the benefits of participation in sports activities, such as enhanced focus and problem-solving skills, young people have increased their expenditure on sports training and development, driving up demand for sports clothing and equipment. Furthermore, the shift in the educational system's paradigm promotes the growth of the sports and allied industries. Sports and fitness awareness has also grown significantly as a result of the increased availability of sports teaching and training in schools. As a result, many educational institutions provide pupils instruction so they can participate in a variety of sporting events.
Challenges: The main obstacle is continuing to be profitable. Because there are so many competitors in the market, businesses frequently turn to aggressive marketing techniques and pricing wars, which can reduce their profit margins. In addition, businesses must always innovate in order to stand out from the competition and draw in customers. Even though this innovation is necessary for growth, it can be expensive and dangerous. Furthermore, Economic uncertainty can impact consumer expenditure on sports gadgets and apparel. During economic downturns or recessions, shoppers may also cut back on non-essential expenditures, such as sporting goods. This vulnerability to financial conditions may be a constraint on market growth and equilibrium.
Market Competitive Landscape
The Sports Equipment and Apparel market competitive landscape gives information by competitor. Details include the company's overview, financials, revenue generated, market potential, investment in R&D, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The preceding data points are only relevant to the companies' concentration on the bio-based lubricant market. Key market players are SKECHERS USA, INC, YONEX Co, Ltd, Nike, Inc, Under Armour, Inc, ASICS Corporation, Columbia Sportswear Company, FILA Luxembourg, S.a.r.l, Amer Sports, CFBRAZIL Fitness & Beach Wear, Formative Sports, Patagonia, Inc, ADIDAS AG, PUMA SE, Lotto Spa, Diadora S.p.A.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Product Type, By Sports Type, By Distribution Channel |
| Regions covered | Germany, France, Italy, UK, Russia, and the Rest of Europe. |
| Companies Covered | SKECHERS USA, INC., YONEX Co. Ltd, Nike, Inc., Under Armour Inc, ASICS Corporation, Columbia Sportswear Company, FILA Luxembourg, S.a.r.l, Amer Sports, CFBRAZIL Fitness & Beach Wear, Formative Sports, Patagonia, Inc, ADIDAS AG, PUMA SE, Lotto Spa, Diadora S.p.A. |
COVID-19 Impact on Europe Sports Equipment and Apparel Market
The COVID-19 pandemic had a huge impact on the economy and numerous businesses. This scenario resulted in lockdowns and limitations enforced by governments all around the world to stem the spread of the sickness. The closure of gyms and sports complexes produced a major reduction in product demand.
However, once the restrictions began to lift, sports facilities and gyms reopened, resulting in a strong demand for sports apparel. Many market players, including Nike, Adidas AG, and others, increased their omnichannel services to meet the growing demand for these products and accelerate market recovery. For example, in January 2021, Alice and Olive, a sportswear firm in the United States, began a new campaign for a direct-to-consumer web channel.
Key Target Audience:
- Athletes and Sports Enthusiasts
- Fitness and Wellness Enthusiasts
- Outdoor Adventure Enthusiasts
- Casual Sports Participants
- Youth and Children
- Sports Teams and Organizations
- Corporate and Hospitality Sector
- Retailers and E-commerce Platforms
Our in-depth analysis of the Europe Sports Equipment and Apparel Market includes the following segments:
| By Product Type: |
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| By Sports Type: |
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| By Distribution Channel: |
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Key Topics Covered in the Report:
- Europe Sports Equipment and Apparel Market Size (FY’2024-FY’2033)
- Overview of Europe Sports Equipment and Apparel Market
- Segmentation of Europe Sports Equipment and Apparel Market By Product Type (Equipment, Apparel & Shoes)
- Segmentation of Europe Sports Equipment and Apparel Market By Sports Type (Bike, Outdoor, Tennis, Other racket sports, Running, Fitness, Football/Soccer, Other team sports, Winter sports, Water sports, others)
- Segmentation of Europe Sports Equipment and Apparel Market By Distribution Channel (Online, Offline)
- Statistical Snap of Europe Sports Equipment and Apparel Market
- Expansion Analysis of Europe Sports Equipment and Apparel Market
- Problems and Obstacles in Europe Sports Equipment and Apparel Market
- Competitive Landscape in the Europe Sports Equipment and Apparel Market
- Impact of COVID-19 and Demonetization on Europe Sports Equipment and Apparel Market
- Details on Current Investment in Europe Sports Equipment and Apparel Market
- Competitive Analysis of Europe Sports Equipment and Apparel Market
- Prominent Players in the Europe Sports Equipment and Apparel Market
- SWOT Analysis of Europe Sports Equipment and Apparel Market
- Europe Sports Equipment and Apparel Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Europe Sports Equipment and Apparel Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Europe Sports Equipment and Apparel Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Sports Equipment and Apparel Market
7. Europe Sports Equipment and Apparel Market, By Product Type (USD Million) 2020-2033
7.1. Europe Sports Equipment and Apparel Market Size, Share and Forecast, By Product Type, 2020-20267.2. Europe Sports Equipment and Apparel Market Size, Share and Forecast, By Product Type, 2027-20337.3. Equipment7.4. Apparel and Shoes
8. Europe Sports Equipment and Apparel Market, By Sports Type (USD Million) 2020-2033
8.1. Europe Sports Equipment and Apparel Market Size, Share and Forecast, By Sports Type, 2020-20268.2. Europe Sports Equipment and Apparel Market Size, Share and Forecast, By Sports Type, 2027-20338.3. Bike8.4. Outdoor8.5. Tennis8.6. Other Racket Sports8.7. Running8.8. Fitness8.9. Football/Soccer8.10. Other Team Sports8.11. Winter Sports8.12. Water sports8.13. Other
9. Europe Sports Equipment and Apparel Market, By Distribution Channel (USD Million) 2020-2033
9.1. Europe Sports Equipment and Apparel Market Size, Share and Forecast, By Distribution Channel, 2020-20269.2. Europe Sports Equipment and Apparel Market Size, Share and Forecast, By Distribution Channel, 2027-20339.3. Online9.4. Offline
10. Europe Sports Equipment and Apparel Market Forecast, 2020-2033 (USD Million)
10.1. Europe Sports Equipment and Apparel Market Size and Market Share
11. Europe Sports Equipment and Apparel Market, By Region, 2020-2033 (USD Million)
11.1. Europe Sports Equipment and Apparel Market Size and Market Share By Region (2020-2026)11.2. Europe Sports Equipment and Apparel Market Size and Market Share By Region (2027-2033)11.3. Germany11.4. France11.5. Italy11.6. UK11.7. Russia11.8. Rest of Europe
12. Company Profile
12.1. SKECHERS USA, INC
12.1.1. Company details12.1.2. Financial outlook12.1.3. Product summary12.1.4. Recent developments
12.2. YONEX Co Ltd
12.2.1. Company details12.2.2. Financial outlook12.2.3. Product summary12.2.4. Recent developments
12.3. Nike, Inc
12.3.1. Company details12.3.2. Financial outlook12.3.3. Product summary12.3.4. Recent developments
12.4. Under Armour, Inc
12.4.1. Company details12.4.2. Financial outlook12.4.3. Product summary12.4.4. Recent developments
12.5. ASICS Corporation
12.5.1. Company details12.5.2. Financial outlook12.5.3. Product summary12.5.4. Recent developments
12.6. Columbia Sportswear Company
12.6.1. Company details12.6.2. Financial outlook12.6.3. Product summary12.6.4. Recent developments
12.7. Amer Sports
12.7.1. Company details12.7.2. Financial outlook12.7.3. Product summary12.7.4. Recent developments
12.8. CFBRAZIL Fitness & Beach Wear
12.8.1. Company details12.8.2. Financial outlook12.8.3. Product summary12.8.4. Recent developments
12.9. Formative Sports
12.9.1. Company details12.9.2. Financial outlook12.9.3. Product summary12.9.4. Recent developments
12.10. Patagonia, Inc
12.10.1. Company details12.10.2. Financial outlook12.10.3. Product summary12.10.4. Recent developments
12.11. ADIDAS AG
12.11.1. Company details12.11.2. Financial outlook12.11.3. Product summary12.11.4. Recent developments
12.12. PUMA SE
12.12.1. Company details12.12.2. Financial outlook12.12.3. Product summary12.12.4. Recent developments
12.13. Lotto Spa
12.13.1. Company details12.13.2. Financial outlook12.13.3. Product summary12.13.4. Recent developments
12.14. Diadora S.p.A
12.14.1. Company details12.14.2. Financial outlook12.14.3. Product summary12.14.4. Recent developments
12.15. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Sports equipment are gadgets used to engage in sporting activities while protecting participants from injury.
Europe Sports Equipment and Apparel Market is projected to reach USD XX million by 2033, growing at a CAGR of XX% during the forecast period.
Europe Sports Equipment and Apparel Market grew in Market size from 2024. The Market is expected to reach USD XX million by 2033, at a CAGR of XX% during the forecast period.
Europe Sports Equipment and Apparel Market CAGR of XX% during the forecast period.
You can get the sample pages by clicking the link - Click Here
Europe Sports Equipment and Apparel Market size is USD XX million from 2024 to 2033.
Europe Sports Equipment and Apparel Market is covered By Product Type, By Sports Type, By Distribution Channel.
The Europe is anticipated to have the highest Market share in the Europe Sports Equipment and Apparel Market.
The key players in the Market include Companies Covered SKECHERS USA, INC, YONEX Co, Ltd, Nike, Inc, Under Armour, Inc, ASICS Corporation, Columbia Sportswear Company, FILA Luxembourg, S.a.r.l, Amer Sports, CFBRAZIL Fitness & Beach Wear, Formative Sports, Patagonia, Inc, ADIDAS AG, PUMA SE, Lotto Spa, Diadora S.p.A.
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