Europe sporting goods market was valued at US$ 153.7 Bn in 2022 and is expected to exhibit a CAGR of 6.8%, in terms of revenue
BURLINGAME, CALIFORNIA, UNITED STATES, August 14, 2024 /EINPresswire.com/ -- The latest market intelligence report published by CMI with the title "Global Europe Sporting Goods Market 2024, Growth Opportunities, and Forecast" provides actionable insights on Consumer Goods industry. The report provides demand analysis, industry insights, competitive intelligence, and customer database.The Research report on Europe Sporting Goods Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including Porters Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4 Ps’ Analysis, Market Attractiveness Analysis, BPS Analysis, Ecosystem Analysis.
Do you think, if this report could be of your interest? If yes, request Sample Copy of this Report: https://www.coherentmarketinsights.com/insight/request-sample/3473
*Note: Sample of the report provides details on the scope and coverage, table of contents, research methodology, and Sample Framework of the report. Actual report of 150+ is available for purchase to all the interested stakeholders.
key trends
Growing interest in outdoor activities
- More Europeans are embracing active lifestyles, boosting demand for gear like hiking boots and camping equipment. Outdoor participation is projected to rise 20% by 2023.
Rise of athleisure wear
- Boldly branded athletic clothing is becoming everyday wear. Companies are tapping into this trend with versatile, on-trend styles. Sales of athleisure are expected to hit €40B by 2025.
Tech-enabled fitness boom
- Connected devices and apps are gamifying workouts. Top players are releasing products that track stats, connect to apps, and offer immersive digital experiences alongside in-person classes.
Sustainable materials go mainstream
- Consumers increasingly demand eco-friendly options. Leading brands are investing in recyclable fabrics, renewable materials, and closed-loop manufacturing to meet this demand and attract ethically-minded customers.
E-commerce shakes up distribution
- Online sales now account for 25% of total sporting goods purchases. Multi-channel strategies allow meeting customers anywhere from desktop to mobile.
Want to access more insights? The journey starts from requesting Sample: https://www.coherentmarketinsights.com/insight/request-sample/3473
*Note: Sample of the report provides details on the scope and coverage, table of contents, research methodology, and Sample Framework of the report. Actual report of 150+ is available for purchase to all the interested stakeholders.
Detailed Segmentation and Classification of the report (Market Size and Forecast – 2031, Y-o-Y growth rate, and CAGR):
• By Type:
• By Product Type: Football, Team sports, Tennis, Bike sports, Racket sports, Outdoor Sports, Fitness, Running, Water sports, Winter sports, Golf, Other sports
• By Regions and Countries
o North America
o Europe
o Asia-Pacific
o South America
o Middle East & Africa
Following are the players analyzed in the report:
• Under Armour Inc.
• PUMA SE
• Amer Sports
• Odlo
• Hammer Sports
• Polar Electro
• KETTLER
• WaterRower
Get access to the latest Edition of this Market Study (comprising 150+ pages): https://www.coherentmarketinsights.com/insight/buy-now/3473
Deep-dive Analysis:
The Report provides deep-dive qualitative and quantitative analysis on Europe Sporting Goods Market for all the regions and countries covered below:
• North America (the United States, Canada, and Mexico)
• Europe (Germany, France, Italy, United Kingdom, SCANDIVAN, Benelux, Russia, and Rest of Europe)
• Asia-Pacific (Japan, South Korea, India, China, Southeast Asia, and Australia)
• South America (Brazil, Argentina, and Rest of South America)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa, and Rest of the Middle East & Africa)
• Each Country is covered in detail, and report provides qualitative and quantitative analysis on Europe Sporting Goods Market on each country.
The research provides answers to the following key questions:
1. What is the estimated growth rate of the market for the forecast period 2024-2031? What will be the market size during the estimated period?
2. What are the key driving forces responsible for shaping the fate of the Europe Sporting Goods market during the forecast period?
3. Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Europe Sporting Goods market?
4. What are the prominent market trends influencing the development of the Europe Sporting Goods market across different regions?
5. What are the major threats and challenges likely to act as a barrier in the growth of the Europe Sporting Goods market?
6. What are the major opportunities the market leaders can rely on to gain success and profitability?
Key insights provided by the report that could help you take critical strategic decisions?
• Regional report analysis highlighting the consumption of products/services in a region also shows the factors that influence the market in each region.
• Reports provide opportunities and threats faced by suppliers in the Europe Sporting Goods and tubes industry around the world.
• The report shows regions and sectors with the fastest growth potential.
• A competitive environment that includes market rankings of major companies, along with new product launches, partnerships, business expansions, and acquisitions.
• The report provides an extensive corporate profile consisting of company overviews, company insights, product benchmarks, and SWOT analysis for key market participants.
• This report provides the industry's current and future market outlook on the recent development, growth opportunities, drivers, challenges, and two regional constraints emerging in advanced regions.
• This report provides the industry's current and future market outlook on the recent development, growth opportunities, drivers, challenges, and two regional constraints emerging in advanced regions.
Author of this marketing PR:
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