The Global Sports And Leisure Equipment Market research report aims to provide an unbiased and a comprehensive outlook of the Global market to the readers. Analysts have studied the key trends defining the trajectory of the market. The research report also includes an assessment of the achievements made by the players in the Sports And Leisure Equipment Market so far. It also notes the key trends in the market that are likely to be lucrative.
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Sports and Leisure Equipment Market Major Key Players are Adidas AG, Amer Sports, PUMA SE, Callaway Golf Company, Jarden Mizuno, ASICS, Billabong International, Colombia Sport, Daiwa Seiko, New Balance, Quicksilver, and YONEX Co, Ltd and other for more company coverage please register for sample inquiry.
The global sports and leisure equipment market is expected to register a CAGR of 4.5% during the forecast period, 2018 to 2023. The global sports and leisure equipment industry is projected to grow at the significant growth rate during the forecast period owning to growing influence of e-commerce in sales of sports equipment across the globe. Improvement in distribution channels has enabled the industry to reach out to a wider customer base, which is expected to play key role in development of the market. Consumers are attracted towards several benefits as well as convenience such as- easy delivery, time saving and more options, is also expected to boost the market growth.
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Oct 2015: NuBells offer relief with a revolutionary new dumbbell design popular pro-style dumbbells which have two key features that free weight aficionados need a solid steel core construction and protective outer coating available in a variety of colors. The steel core provides long-lasting durability, while the coating ensures a comfortable grip and protection for your floor.
Jun 2018: Nike opens innovative sports centre in Moscow. The innovative multi-purpose space opened offering Moscows youth the opportunity to be more active and enjoy the new facilities which cover a wide range of sports such as badminton, volleyball, soccer etc.
Growing Awareness towards Healthy Lifestyle to Drive the Sports and Leisure Equipment Market Growth
Rising awareness among consumers about health and fitness training equipment and the improvement in distribution channel supporting the market growth from last few years. Nevertheless, availability of counterfeit products and growing prices of original sports equipment are confining the growth of the sports and leisure equipment market to some extent. However, improvement and innovation of sports equipment products due to the demand of better quality raw material is expected to offer new opportunities for market growth in upcoming years. For example, introduction of modern materials used in badminton offer additional strength that permits better string tension. Earlier, there would be distortions in the head of the racket and it would fracture as the tension grew.
Fitness Sport Equipment to Witness Significant Growth in Upcoming Years
Due to popularity of ball sports, sports and leisure equipment market is led by ball sports equipment segment as growing popularity of ball sports such as cricket, football, hockey etc. across the globe. Development countries will witness the demand for fitness, golf, winter sports, sports, adventure sports, billiards, bowling, wheel sports, pogo sticks, and indoor games in upcoming years. Rising popularity and viewership of global sports events such as the FIFA World, Olympic Games, and Commonwealth Games is encouraging the number of sport participations across the globe. The sports and fitness equipment market is quickly accepting with new technologies such as wearable technology, big data analytics, social media and sensor technology in order to keep pace with rapidly changing global trends in the market.
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Influence of the Sports And Leisure Equipment market report:
- Comprehensive assessment of all opportunities and risk in the Sports And Leisure Equipment market.
- Sports And Leisure Equipment market recent innovations and major events.
- Detailed study of business strategies for growth of the Sports And Leisure Equipment market-leading players.
- Conclusive study about the growth plot of Sports And Leisure Equipment market for forthcoming years.
- In-depth understanding of Sports And Leisure Equipment market-particular drivers, constraints and major micro markets.
- Favorable impression inside vital technological and market latest trends striking the Sports And Leisure Equipment market.
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