Sports accessories and equipment market is anticipated to grow at a CAGR of 6.7% during the forecast period (2023-2030). Sports accessories and equipment is used as protective gear or a tool to support athletes while playing the sport. Sports have started requiring more protective gear to prevent injuries, consequently accessories and equipment for sports have grown over time. Enhanced quality and durability, improved safety, performance enhancement, and maintenance and care are some of the key factors driving the market growth. For Instance, in July 2023, LeBron James Ltd. edition PS5 accessories launched exclusive items were initially introduced as part of the PlayStation playmakers’ initiative to honor famous people who are enthusiastic gamers and work with them to produce unique accessories.
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Numerous tennis-related companies work together to promote environmental issues in an environmentally responsible manner. Traveling to compete in tournaments around the globe contributes to carbon emissions. For Instance, in June 2023, A new digital Carbon Tracker is being introduced by tech giant Infosys as part of its strategic partnership with the ATP (Association of Tennis Professionals), the organization in charge of regulating men’s professional tennis. Tennis is supposed to be more eco-friendly using the carbon tracker.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Sports Accessories and Equipment Market by Product
- Sports Equipment
- Sports Apparel
- Sports Footwear
- Others (Accessories)
Global Sports Accessories and Equipment Market by Sports Type
- Football
- Cricket
- Hockey
- Tennis
- Basketball
- Others (Badminton, Baseball)
Global Sports Accessories and Equipment Market by Distribution Channel
- Online
- Offline
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- ASICS COPERATION
- Decathlon
- Fila
- Joma
- Kappa
- Le Coq Sportif
- New Balance
- Nike
- Reebok
- Sansapareils Greelands
- Skechers
- SkySports
- Under Armour
- Wilson Sporting Goods
- Yonex
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global sports accessories and equipment market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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