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May 15, 2023 (The Expresswire) -- Global Sporting Goods Market research report offers a detailed analysis of valuable insight into the market state and future predictions until 2030. The report uses both qualitative and quantitative data to highlight key market trends, challenges, competition, industry developments, and emerging opportunities.
Sporting Goods Market research report offers New Insight updates on Business Strategies including Mergers, Acquisitions, Partnerships, R and D, Expansion Plans and Collaborations adopted by these Major Global Players, Revenue by Type (Asics Corporation, Adidas AG, The North Face, Inc., Puma SE, Reebok, Under Armour Inc., MIZUNO Corporation, Skechers USA, Inc., Converse Inc., VF Corporation, Amer Sports Corporation, YONEX Co. Ltd., Brooks Sports Inc., Nike Inc.), Forecasted Market Size by Application (Equipment, Clothing, Shoes, )
Brief Description of Sporting Goods Market
The global Sporting Goods market size was valued at USD 535637.15 million in 2022 and is expected to expand at a CAGR of 3.83Percent during the forecast period, reaching USD 671176.06 million by 2028.
Sporting goods, has various forms depending on the sport, but it is essential to complete the sport. The equipment ranges from balls, to nets, and to protective gear like helmets. Sporting equipment can be used as protective gear or as tool used to help the athletes play the sport. Over time, sporting equipment has evolved because sports have started to require more protective gear to prevent injuries.