Significant companies include bass pro, big 5, cabelas, dicks sporting goods, hibbett sports, rei, and the sports authority. Industry revenue of manufacture of sports goods in portugal 20112023 turnover of sports goods manufacture in bulgaria 20082015 wholesale sales of electronic music products in the u. Running drives sports goods buying while swimming purchases decline. May 20, 2019 industry revenue of manufacture of sports goods in portugal 20112023 turnover of sports goods manufacture in bulgaria 20082015 wholesale sales of electronic music products in the u. Purchasing of sports goods in the last 12 months, instore or online purchasing, by gender, may 2016. The size and scope of the sports industry in the united states brad r. The following guide to industry information, research, and analysis provides sources for industry trends and statistics, market research and analysis, financial ratios and salary surveys, and more. The department of labor does not endorse, takes no responsibility for, and exercises no control over the linked organization or its views, or contents, nor does it vouch for the accuracy or accessibility of the information contained on the destination server. Chapter 3 sports goods industry at national perspective 3. Being labourintensive in nature, the industry provides employment to more than 500,000 people. Competitive sports are governed by a set of rules often designed by national or international sports organizations. Find industry analysis, statistics, trends, data and forecasts on sporting goods stores in the us from ibisworld.
Demand for sports goods, 20102021 production of sports goods, 20102021 sports goods market size by product type, 20102021 growth rates of the overall market and different product segments, 20102021 shares of different product segments of the overall market, 2010, 2016. Sporting goods stores in the us industry data, trends. Humphreys august 2008 abstract we estimate the economic scope of the sports industry in the united states. Repairing or servicing sporting goods, without retailing new sporting goodsare classified in industry 811490, other personal and household goods repair and maintenance. The europe sporting goods market is segmented on the basis of product type into football, teamsports, tennis, bike sports, racket sports, outdoor.
Rapid technological advancements and continual innovations to keep pace with dynamic consumer preferences are working in favor of the market. The smart sports sector is expected to grow rapidly. It can be a game, a fitness activity or an organized competitive sport. Purchasing of sports goods in the last 12 months, by instore or online purchasing, may 2016.
Sports equipment accounts for 60% of industry revenue. It is one of the fastest growing industries in the us, and it is intertwined with virtually every aspect of the economy from the media and apparel to food and advertising. Sports direct continues to be the most popular place to buy sports goods. To identify this years trends, we interviewed industry executives. While sports in india has usually been a governmentled. Continuing development of new and improved products will keep amer sports and its brands at the forefront of the sporting goods industry for years to come.
The sporting goods market in the united states is a billion dollar industry. The sporting and athletic goods manufacturing industry comprises establishments primarily engaged in the manufacture of sporting and ath letic goods, except clothing and footwear. The sports and fitness apparel, footwear and equipment market grew 3. Indias sporting goods are popular around the world and have made a mark in the global sports. The indian government has turned its attention to developing the sports sector as a strategy to create jobs, generate revenue, and attract investment into the country, aside from nurturing sports talent. In the 2017 edition of our survey, sports leaders were significantly more doubtful, with growth. The market includes equipment for ball sports, adventure sports, fitness, racket sports, winter sports, and many other sports and activities. When we first sat down to discuss the trends affecting the sports business in 2018, it was clear that the most significant of these had been with us for some years. Sporting goods purchased for use related to sports and recreational activities three main categories are equipment, footwear, and apparel.
The market includes equipment for ball sports, adventure sports, fitness, racket sports. Jun 27, 2018 investment prospects in the sports industry are dispersed across the entire supply chain, including the manufacturing and retail of equipment and apparel as well as in advertising, talent management, and training. The gics methodology assigns each company to a subindustry, and to a corresponding industry, industry group and sector, according to the definition of its principal business activity. The size and scope of the sports industry in the united states. The sports good sector consists of both organized and unorganized sections of the industry. Indias sports goods industry is nearly a century old and has flourished, driven by a skilled workforce. Introduction to the sport industry andy gillentine, r. The sports goods industry faces a segmented market and a high volatility of demand. Companies in this industry operate physical retail stores specializing in sporting goods, athletic and fitness wear, fitness equipment, and related products.
The global sports industry, at one per cent of global gdp, is estimated to be worth around usd600700 billion. The sports goods industry was founded by sardar bahadur, sardar ganda singh oberoi in the year 1883 at sialkot and sports equipment became the first indian industrial product to be exported in 1885. The professional sports managers can only bring a solid foundation to indias sports industry. The following table shows that pakistan is exporting mainly these hs code to italy. In our annual outlook, were predicting the trends that we believe will dominate and disrupt the sports industry over the next 12 months. Many chains including city sports, sports authority, sports chalet, mc sports, and most recently familyowned modells sporting goods have gone out of business. Supported by the trends now evident in society, the sporting goods industry can be expected to grow in overall terms. Sporting goods industry research report and growth trends.
The spec tacular growth ra tes are a thing of the past, and the market is growing m uch more slowly. Ciso committee on international sports organisations. May 02, 2019 turnover of sports goods manufacture in belgium 20092015 turnover of the sports goods manufacture industry in turkey 20092014 popular sports equipment and gear brands in the u. Indias sporting goods are popular around the world and have made a. Since the classification is strictly hierarchical, at each of the four levels a.
The canadian sportinggoods industry has grown and diversified a great deal in the past 60 years, as a result of the increasing amount of leisure time available to canadians. The committee on international sports organizations ciso represents the wfsgi as the industry consensus voice to all sports federations and organizations. Top retailers dominate the sporting goods industry. Nsga members are innovative and prosperous sporting goods retailers, team dealers, wholesalers, manufacturers, sales agents and industry associates. Sporting goods manufacturers industry analysis, trends. Sporting goods manufacturing industry profile first research. Leading association for news, research, events and advocacy in the sporting goods industry. Sports goods industry in india is more than a hundred years old. Sports equipment market size worldwide 20182025 statista. See where the sporting goods stores industry is concentrated geographically and research companies by financials and key.
The sports industry in india investment prospects in. Major companies include bass pro, big 5, cabelas, dicks sporting goods, hibbett sports, and rei all based in the us, as well as fgl sports canada, groupe go sport france, and. Indian sports goods industry has its roots in sialkot, pakistan. This trend has diminished the demand for sports goods and products in europe and is one of the main factors hampering the growth of the europe sporting goods market. Thank you for visiting our website you are exiting the department of labors web server.
The sports goods industry in india is nearly a century old and has flourished due to the skills of its workforce. Sporting goods stores industry profile from first research. Retailing new shoes except specialty sports footwear, such as golf shoes, bowling shoes, and spiked shoesare classified in industry 448210, shoe stores. During the partition of british india into india and pakistan during 1947 many hindu artisans moved from sialkot, pakistan, traditionally a major centre of the sports goods industry, to punjab in india. Sports participation across the country varies between 18. Indian sports industry has an impressive growth prospect even if its fundamentals are not solid. Chapter 3 sports goods industry at national perspective. Among all the product type segments in the europe sporting goods market, the football segment is projected to be the fastest growing segment over the forecast period and is estimated to account for 24. Majority of people have shopped for sports goods in the last year.
This includes sports infrastructure, sports events, sports hospitality, training, and manufacturing and retail of sports goods. Will the sports industry be filled with golden opportunities during an olympic year. Find industry analysis, statistics, trends, data and forecasts on sporting goods manufacturing in the uk from ibisworld. Us sports products wholesale sales by category 20082018. The ciso committee promotes maximum and equal benefit to all wfsgi members and the sporting goods community at large. Get up to speed on any industry with comprehensive intelligence that is easy to read.
Companies in this industry manufacture sporting and athletic goods, including sports and fitness equipment. Sporting goods manufacturing in the uk industry data. While the market for sports goods equipment is expected to grow at a compound annual growth rate cagr of 3% from 2016 to 2020 globally, smart sports segments are. Of different segments in the overall sports industry such as sports tourism, sports apparel, sports sponsorship, sporting goods and others, sporting goods is anticipated to gain significant share. Wintergreen research, a market intelligence firm, estimates that platforms that integrate sports equipment with coaching software will grow at a. Welcome to sports goods industry get acquainted with the varied aspects of sporting goods industry by browsing through this vertical highlighting the dynamic industry.
And yet, the pace of change feels faster than ever, and the scale of change greater than ever. Jaypro sports is a leading authority for institutional sports equipment and athletic fieldfacility solutions. Repairing or servicing sporting goods, without retailing new sporting goods are classified in industry 811490, other personal and household goods repair and maintenance. Wholesale sales of the sports products industry by. Research sporting goods stores companies retail dun. Deloittes us sports leader pete giorgio gives his playbyplay of the biggest trends shaping up for 2020. Smart sports is part of the broader phenomenon of the internet of things. We excel at engineering and providing peak performance equipment for athletic facilities across the united states. The below reports, and any others released prior to october 2012, you will see references to sgma throughout it that predate our transition from sgma to sfia.
Dec 15, 20 the canadian sporting goods industry has grown and diversified a great deal in the past 60 years, as a result of the increasing amount of leisure time available to canadians. Sports retail study 2018 findings from a german consumer. The global sports industry, at one per cent of global gdp, is. The global sports equipment market size was valued at usd 66. What companies are considered part of the industry. Major equipment categories include team sports, exercise, hunting and firearms, golf, fishing, and camping. While the full extent of the damage to the industry from the economic shutdown due to covid19 remains to be seen, demand for sporting goods plummeted as retailers closed up shop. Uk sports goods retailing industry report updated 2016.