TechNavio recognizes the following companies as the key players in the Global Sports Equipment Market: Amer Sports Corp., Adidas AG, Nike Inc., and Callaway Golf.
Commenting on the report, an analyst from TechNavio’s team said: “The demand for lightweight sports equipment is increasing worldwide because it provides high performance due to their excellent stiffness and high strength. Furthermore, lightweight sports equipment gives ample control and flexibility. For instance, Terra Nova Equipment Ltd. has recently launched the world’s lightest tents, which are becoming very popular among mountaineers. Thus, these factors are creating demand for lightweight sports equipment, which in turn is expected to contribute revenue and help the market grow during the forecast period.”
According to the report, one of the main drivers is the rise in disposable income levels and living standards. The increase in per capita income, especially in developing countries has led to an increase in the demand for sports equipment worldwide.
Further, the report states that one of the main challenges is the increasing availability of counterfeit products in the market. This is affecting the revenue as well as the brand name of the global vendors.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are ASICS Corp., Billabong International Ltd., Cabela’s Inc., Daiwa Seiko Corp., Dunlop Sports Group Americas Inc., Fortune Brands Inc., GLOBERIDE Inc., Jarden Corp., JJB Sports plc, Mizuno Corp., Puma SE, Sports Direct International plc, The Forzani Group Ltd., and Yonex Co. Ltd.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-sports-equipment-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/healthcare-chemicals-food-retail
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TechNavio Announces the Publication of its Research Report -Global Sports Equipment Market 2012-2016
