The revenue in the 'Sports Equipment' segment of the toys & hobby market worldwide was modeled to amount to ************** U.S. dollars in 2024. Between 2018 and 2024, the revenue rose by ************* U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The revenue will steadily rise by ************* U.S. dollars over the period from 2024 to 2029, reflecting a clear upward trend.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Sports Equipment.

The Global Sports and Leisure Equipment Market is Segmented Into Sport Type (Ball Sports Equipment, Adventure Sports Equipment, and More), by Product Type (Apparel, Footwear, and More), by Application (Personal/Household, and More), Distribution Channel (Offline Retail Stores, and More), by End-User (Male, and Female) and Geography (North America, Europe, and More). The Market Forecasts are Provided in Terms of Value (USD).

Snapshot img

Sports Equipment Market Size 2025-2029

The sports equipment market size is forecast to increase by USD 80.9 billion, at a CAGR of 7.7% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing awareness of health and fitness among consumers. This trend is leading to a surge in demand for high-quality sports equipment to support active lifestyles. Additionally, the focus on customization and personalization is becoming increasingly important, as consumers seek products tailored to their specific needs and preferences. However, this market faces challenges as well. The growing prevalence of counterfeit and low-quality products poses a significant threat, as these items can undermine brand reputation and consumer trust. Companies must prioritize authenticity and quality to maintain customer loyalty and differentiate themselves from competitors. To capitalize on market opportunities and navigate challenges effectively, businesses should stay informed about consumer preferences, invest in research and development, and implement robust quality control measures.

What will be the Size of the Sports Equipment Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free SampleThe market continues to evolve, driven by advancements in technology, material sourcing, and consumer preferences. Footwear technology, for instance, is revolutionizing athletic shoes with cushioning systems that provide superior comfort and impact absorption. Performance enhancement is another key area of focus, with wearable technology and biometric sensors enabling real-time data analysis during workouts. Aerobic exercise and fitness equipment are gaining popularity as consumers prioritize health and wellness. Online marketplaces and e-commerce platforms have made it easier for consumers to access a wide range of sports equipment, from compression wear to heart rate monitors and resistance training equipment. Product development is a continuous process, with ergonomic design and sustainability initiatives becoming increasingly important. Manufacturing processes are being optimized to reduce waste and improve efficiency, while exercise physiology and biomechanics analysis are used to develop equipment that enhances performance and prevents injuries. Sports medicine and rehabilitation programs are also driving growth in the market, with a focus on injury prevention and recovery strategies. Social media marketing and brand marketing are essential tools for reaching consumers and building customer relationships. The market is diverse, encompassing everything from sports apparel and protective gear to cardiovascular equipment and outdoor gear. Breathable materials, moisture-wicking technology, and ethical sourcing are just a few of the trends shaping this dynamic industry. Data analytics and digital marketing are becoming essential components of supply chain management and customer relationship management. Intellectual property protection is also a critical concern, with brands investing in patents and trademarks to protect their innovations. The market is a constantly evolving landscape, with new technologies, materials, and trends emerging all the time. From fitness equipment and sports nutrition to coaching services and sports performance analysis, this industry is dedicated to helping consumers achieve their fitness goals and improve their overall health and well-being.

How is this Sports Equipment Industry segmented?

The sports equipment industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. ProductBall gamesFitness/strength equipmentBall over net gameAthletics training equipmentOthersDistribution ChannelOfflineOnlineGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyUKAPACChinaIndiaJapanSouth KoreaRest of World (ROW)

By Product Insights

The ball games segment is estimated to witness significant growth during the forecast period.The market encompasses a broad spectrum of products designed to enhance athletic performance, injury prevention, and overall wellness. Durability testing is crucial in ensuring the longevity and effectiveness of equipment, from cushioning systems in footwear technology to the impact absorption capabilities of protective gear. Team uniforms, often made of performance fabrics, play a significant role in enhancing comfort and endurance during training and competition. Biomechanics analysis and rehabilitation programs are integral to sports medicine, helping athletes recover from injuries and optimize their performance through personalized training plans. Supply chain management and ethical sourcing are essential considerations for manufac

Sports Equipment Market size is growing with a CAGR of 6.7% in the prediction period and it crosses USD 673.03 Bn by 2032 from USD 427.17 Bn in 2025.

The global sports equipment market size is projected to grow from USD 414.24 billion in 2025 to USD 695.93 billion by 2033, exhibiting a CAGR of 6.7%.
Report Scope:

According to Cognitive Market Research, the sports equipment Market Size was USD XX Million in 2024 and is set to achieve a market size of USD XX Million by the end of 2031 growing at a CAGR of XX% from 2025 to 2033

• North America held share of XX% in the year 2024 • Europe held share of XX% in the year 2024 • Asia-Pacific held share of XX% in the year 2024 • South America held share of XX% in the year 2024 • Middle East and Africa held share of XX% in the year 2024

Key Drivers for sports equipment market

Rising interest towards sports activities is positively affecting the market.

The market for sports equipment is constantly growing with increasing demand from all segments in the market and consumers increasing interest in sports is leading to growth of spots equipment. The increasing sports games and actives across regions is feeling the spending on sports equipment resulting in increasing revenue and catering to market demand. This is due to the rising consumer awareness regarding the importance of health and fitness and adaptation of actively lifestyle indulging in physical sports. The sports equipment market has very high projected year on year growth with increase in sport activates involving women, senior citizen sports and growing youth participation. The post pandemic situation is positively affecting the market growth consumer investing in their health and goo quality sports equipment’s.

The increasing interest in sports activates also have surges the brand to enter into active collaboration to expand their market shares and these partnerships are promoting sport equipment. The exclusive partnerships between sportswear and equipment brands is generating substantial amount of revenue in the retail market increasing fan base revenue and overall sales of the equipment’s.

People becoming more concerned about health and safety which leads to increasing interest in sports are actively sorting out convenient ways to stay fit and safe both these factors actively contributing to the growing market for sports equipment’s.

Key Restraints for sports equipment market

Rising prices of sport equipment is restricting market growth.

The market of sports equipment has witness tremendous growth in the recent years due to increasing interest in sports, brand collaboration and increasing safety concerns. The market growth is restricted by the rising prices of sports equipment. The rising inflation is causing a price hike in the sport equipment market and the consumer have to pay the price. Many participants of the game are pivoting away due to rising prices of the equipment. The increasing tariff and political instability is also cause prices to increase in the market. the increasing prices if affecting market negatively impacting the sale of these sports equipment. This is substantially affecting the revenue growth in the market and demand for the sport equipment market is affected due to this restraint. The increasing prices make it difficult for families to afford basic sports equipment resulting in decreasing sales in the market

This increasing prices of sports equipment is constantly hampering market demand and consumer perception resulting slowdown in the sale of sports equipment market which impacting the revenue generation and overall market demand. Introduction of the sports equipment market

The market of sports equipment is increasing rapidly with substantial rise in revenue and growing demand for sports equipment. The growing interest in the sports activities is driving the market for sports equipment market as major brand are entering partnerships with athletes and teams increasing market reach for their products. The market has seen substantial increase interest in sports actively which is consistently increasing revenue in the sport equipment market. As the market of sports equipment is growing significantly increasing revenue and demand in the market across different sports the rising prices of sports equipment is a substantial restrain that is restricting the market. The rising prices of sports equipment hamper the market growth resulting in consumer preference shift from high quality original goods. The rising inflation has a substantial effect on the market leading t...

In the sports equipment market in the United States in 2024, exercise equipment generated the highest revenue, reaching approximately ************ U.S. dollars. In second place, outdoor equipment followed with about *********** U.S. dollars, while winter sports equipment ranked third with around ************* U.S. dollars.

The global sporting goods market size was worth over USD 612.72 billion in 2025 and is poised to witness a CAGR of around 8.2%, crossing USD 1.35 trillion revenue by 2035, impelled by increasing focus on sustainability.

Worldwide sports equipment market size was valued $113.07 Billion in 2024 and is expected to rise to $220.35 Billion by 2034 at a CAGR of 6.90%.

In 2024, China ranked first by revenue in the 'Sports Equipment' segment of the toys & hobby market among the 25 countries presented in the ranking. China's revenue amounted to ************* U.S. dollars, while the United States and India, the second and third countries, had records amounting to ************* U.S. dollars and ************* U.S. dollars, respectively.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Sports Equipment.

Market Research Intellect's In The Water Sports Equipment Market Report highlights a valuation of USD 11.6 billion in 2024 and anticipates growth to USD 17.2 billion by 2033, with a CAGR of 5.6% from 2026-2033.Explore insights on demand dynamics, innovation pipelines, and competitive landscapes.

The global sports equipment and apparel market size was USD 671.45 billion in 2024 & is projected to grow from USD 721.13 billion in 2025 to USD 1,276.59 billion by 2033.
Report Scope:

Smart Sports Equipment Market was worth USD 2.2 billion in 2021 and is predicted to touch USD 4.3 billion in 2029, expanding at a CAGR of 8.8%

The Sporting Goods Market Report is Segmented by Product Type (Equipment, Protective Gears, Sports Bags, Accessories), Sport Type (Outdoor Sports, Indoor Sports, Adventure Sports, Other Sport), End User (Women, Men, Kids), Distribution Channel (Offline, Online), and Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa). The Market Forecasts are Provided in Terms of Value (USD).

The Winter Sports Equipment Market Report is Segmented by Sports Type (Skiing, Snowboarding, Ice Hockey, and More), Equipment Category (Skis and Snowboards, Boots and Bindings, Protective Gear and Helmets, and More), End User (Adult and Kids), Distribution Channel (Offline Retail Stores, and Online Retail Stores), and Geography (North America, Europe, and More). The Market Forecasts are Provided in Terms of Value (USD).

Market Research Intellect presents the Sports Equipment Market Report-estimated at USD 80 billion in 2024 and predicted to grow to USD 120 billion by 2033, with a CAGR of 5.5% over the forecast period. Gain clarity on regional performance, future innovations, and major players worldwide.

Sporting Goods Market size was valued at USD 577.62 Billion in 2024 and is projected to reach USD 1316.06 Billion by 2031, growing at a CAGR of 11.96% during the forecasted period 2024 to 2031.The sporting goods market is driven by factors such as rising awareness of health and fitness, increased participation in sports and outdoor activities, and growing urbanization. Technological advancements, including smart sports equipment and wearables, are enhancing user experience and driving demand. Additionally, the shift towards e-commerce and digital retail channels has made sporting goods more accessible, particularly among younger consumers who value convenience. The influence of social media and fitness influencers further fuels demand as consumers seek high-quality, stylish, and sustainable products. Government initiatives promoting physical activities and fitness also play a critical role in propelling market growth.

In the sports equipment market worldwide in 2024, the exercise equipment segment generated the highest revenue, reaching approximately ************* U.S. dollars. The outdoor equipment segment ranked second with around ************* U.S. dollars, while golf equipment followed with about ************* U.S. dollars.

Snapshot img

Surface Water Sports Equipment Market Size 2025-2029

The surface water sports equipment market size is forecast to increase by USD 15.75 billion, at a CAGR of 8.2% between 2024 and 2029.

The market encompasses a wide range of products designed for various water-based activities, including sailing, rowing, water skiing, wakeboarding, and windsurfing. This dynamic market is driven by several factors, including the growing number of water sporting facilities worldwide and the increasing popularity of artificial water sporting experiences. Despite the excitement and appeal of surface water sports, they come with a high degree of risks. Participants face potential hazards such as strong currents, waves, and submerged objects. Consequently, the demand for advanced safety equipment, such as life jackets, helmets, and impact vests, is on the rise. Manufacturers are responding to this trend by investing in research and development to create innovative, high-performance equipment that balances safety and functionality.
For instance, some companies are focusing on developing lightweight, durable materials for watercraft and personal protective equipment. Others are exploring the integration of advanced technologies, such as GPS tracking and impact sensors, to enhance safety and improve the overall user experience. Comparing recent market data, there has been a notable increase in sales of surface water sports equipment, with growth rates reaching 23.3% in some regions. This upward trend is expected to continue as water sports gain popularity as a recreational activity and as a means of promoting an active, healthy lifestyle. Additionally, the increasing availability of artificial water sports facilities, such as wave pools and indoor water parks, is expanding the market's reach and creating new opportunities for manufacturers and retailers.
In conclusion, the market is a vibrant and evolving industry, characterized by continuous innovation and a strong focus on safety. As water sports gain popularity and technology advances, manufacturers are developing increasingly sophisticated equipment to meet the demands of a diverse and growing customer base.

Major Market Trends & Insights

  North America dominated the market and accounted for a 46% during the forecast period.
  The market is expected to grow significantly in Europe as well over the forecast period.
  By the Type, the Surfing sub-segment was valued at USD 10.20 billion in 2023
  By the Product, the Apparel sub-segment accounted for the largest market revenue share in 2023

Market Size & Forecast

  Market Opportunities: USD 88.54 billion
  Future Opportunities: USD 15.75 billion
  CAGR : 8.2%
  North America: Largest market in 2023

What will be the Size of the Surface Water Sports Equipment Market during the forecast period?

Get Key Insights on Market Forecast (PDF) Request Free Sample

The water sports equipment market continues to evolve as consumer participation in surface water activities increases. Surfing alone has attracted more than 31 million enthusiasts worldwide, marking a 17.5% increase in engagement since 2015. This expansion is linked to improved access to public facilities, rising disposable income, and advancements in equipment design, including surfboard rail design, wetsuit zipper durability, and paddleboard inflation systems. Parallel innovations such as composite boat building, hydrofoil design principles, and sailboat mast construction are supporting performance improvements across various water-based sports.
Market dynamics highlight both growth and diversification across related categories. For example, while surfing is expected to expand by 15% by 2026, stand-up paddleboarding has demonstrated a 20% increase in participation since 2016. This comparison underscores how demand is spreading across disciplines, with Sports equipment such as kayak storage solutions, whitewater kayak design, sea kayak hull shapes, and kayak seat ergonomics aligning with evolving consumer interests.
Technological enhancements play a central role in shaping product quality and safety standards. Outboard motor technology is advancing in efficiency, while personal watercraft design and boat engine performance are integrating better control systems. Supporting equipment like waterski boot construction, wakeboard cable systems, and waterski tow rope design are improving usability and safety. Additionally, rafting equipment safety, paddle floatation devices, and waterski tow bar design continue to strengthen reliability for recreational and competitive activities.
The broader ecosystem also relies on navigation and communication technologies. GPS navigation systems and marine radio communication are becoming standard in recreational and professional use. Complementary products such as underwater lighting systems, diving depth gauges, snorkeling mask features, and inshore fishing

Sports Equipment Market size is expected to be worth around USD 423.4 Billion by 2033, from USD 234.2 Billion in 2023, at a CAGR of 6.1%.