The global revenue in the 'Sports Equipment' segment of the toys & hobby market was forecast to continuously increase between 2025 and 2029 by in total **** billion U.S. dollars (+**** percent). After the ninth consecutive increasing year, the revenue is estimated to reach ****** billion U.S. dollars and therefore a new peak in 2029. Find more information concerning the United States and Mexico. The Statista Market Insights cover a broad range of additional markets.

The global sports equipment market is estimated at US$ 113.07 billion in 2024 and is projected to expand at a CAGR of 6.9% through 2034, thereby reaching a value of US$ 220.35 billion by 2034-end.

Report Attributes	Details
Sports Equipment Market Size (2024E)	US$ 113.07 Billion
Projected Market Value (2034F)	US$ 220.35 Billion
Global Market Growth Rate (2024 to 2034)	6.9% CAGR
China Market Value (2034F)	US$ 33.49 Billion
Canada Market Growth Rate (2024 to 2034)	8.1 % CAGR
North America Market Share (2024E)	24.3%
East Asia Market Value (2034F)	US$ 50.9 Billion
Key Companies Profiled	PUMA.SE Nike Inc. Jarden Corporation Amer Sports Under Armour Adidas AG Mizuno Corporation Yonex Co. Ltd.

Country-Wise Insights

Attribute	United States
Market Value (2024E)	US$ 18.82 Billion
Growth Rate (2024 to 2034)	7.8% CAGR
Projected Value (2034F)	US$ 39.73 Billion

Attribute	China
Market Value (2024E)	US$ 15.77 Billion
Growth Rate (2024 to 2034)	7.8% CAGR
Projected Value (2034F)	US$ 33.49 Billion

Category-wise Insights

Attribute	Sticks, Bats, and Clubs
Segment Value (2024E)	US$ 25.33 Billion
Growth Rate (2024 to 2034)	6.8% CAGR
Projected Value (2034F)	US$ 51.56 Billion

Attribute	Men
Segment Value (2024E)	US$ 54.05 Billion
Growth Rate (2024 to 2034)	6.7% CAGR
Projected Value (2034F)	US$ 102.9 Billion

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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

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 revenue in the 'Sports Equipment' segment of the toys & hobby market in the United States was modeled to stand at ************* 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).

Over the last two observations, the revenue is forecast to significantly increase in all segments. Upon closer observation, the relatively weak increase of the segment Racket Sports Equipment stands out explicitly. the revenue in this segment experiences visibly smaller growth compared to the average, with a value of **** billion U.S. dollars. Find other insights concerning similar markets and segments, such as a comparison of revenue in Russia and a comparison of revenue share by device type in Russia. The Statista Market Insights cover a broad range of additional markets.

Worldwide sports equipment market size was valued $220.57 billion in 2022 and is expected to rise to $337.73 billion by 2030 at a CAGR of 5.47%.

Comparing the ** selected regions regarding the revenue in the 'Sports Equipment' segment of the toys & hobby market, China is leading the ranking (**** billion U.S. dollars) and is followed by the United States with **** billion U.S. dollars. At the other end of the spectrum is Argentina with *** billion U.S. dollars, indicating a difference of **** billion U.S. dollars to China. Find other insights concerning similar markets and segments, such as a ranking by country regarding revenue in the toys & games segment of the toys & hobby market and a ranking of subsegments in the United Kingdom regarding revenue in the segment Toys & Games . The Statista Market Insights cover a broad range of additional markets.

According to Cognitive Market Research, the sports equipment Market Size will be 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 leadi...

Over the last two observations, the revenue is forecast to significantly increase in all segments. As part of the positive trend, the revenue reaches the maximum value for all eight different segments at the end of the comparison period. Particularly noteworthy is the segment Exercise Equipment, which has the highest value of *** billion U.S. dollars. Find further statistics on other topics such as a comparison of the revenue in Italy and a comparison of the revenue in Brazil. The Statista Market Insights cover a broad range of additional markets.

Smart Sports Equipment Market is estimated to grow at 10.7% CAGR to surpass USD 8,660.10 million by 2034.

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%

Sports Equipment Market Outlook 2032

The global sports equipment market size was USD 375.3 Billion in 2023 and is projected to reach USD 609.2 Billion by 2032, expanding at a CAGR of 6.40% during 2024–2032. The market growth is attributed to the growing popularity of outdoor sports.



Increasingly, sports equipment, a crucial component in the world of athletics and physical activity, is evolving to meet the demands of a diverse range of sports and fitness regimes. Sports equipment is seeing significant innovation from traditional equipment such as balls, bats, and rackets to advanced wearable technology and training aids. This innovation is enhancing athletic performance, improved safety, and broadening the appeal of sports to a wider audience.

Rising regulatory standards are significantly influencing the market. Recent regulations by the International Standards Organization (ISO) emphasize the safety and quality of sports equipment. These regulations require manufacturers to ensure their products meet specific safety standards and performance criteria.



The impact on the market is substantial: it necessitates innovation and quality assurance, fostering a competitive environment that benefits the consumer and the manufacturer. This regulatory landscape, and the growing interest in fitness and health, is set to shape the future of the market.

Impact of Artificial Intelligence (AI) in Sports Equipment Market

Artificial Intelligence (AI) has a considerable impact on the sports equipment market. AI's incorporation into this sector is facilitating the creation of smart equipment that enhances athletic performance and safety. These intelligent devices, equipped with sensors and AI algorithms, provide real-time feedback on an athlete's technique, enabling immediate adjustments and injury prevention.



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The Racket Sports Equipment Market Report is Segmented by Product Type (Rackets/Bats, Balls, Apparel, and More); by Sport Type (Lawn Tennis, Table Tennis, and More); by End User (Men, Women, and Kids/Children); by Distribution Channel (Offline Retail Stores and Online Retail Stores); and by Geography (North America, Europe, and More). The Market Forecasts are Provided in Terms of Value (USD).

Field Sport Equipment Market Outlook

The global field sport equipment market size was valued at approximately USD 18.5 billion in 2023 and is projected to reach USD 28.7 billion by 2032, growing at a compound annual growth rate (CAGR) of 4.9% over the forecast period. The primary factors driving the growth of this market include increasing awareness of health and fitness, rising participation in field sports, and technological advancements in sports equipment design and materials.

One of the significant growth factors in the field sport equipment market is the increasing awareness of the importance of physical fitness. With a growing number of people adopting healthier lifestyles, participation in sports activities has surged. Governments and various organizations are also promoting sports as a means to combat obesity and other lifestyle-related diseases. This trend is particularly evident in urban areas, where the younger population is increasingly drawn to organized sports activities, thus boosting demand for sports equipment.

Technological advancements have also played a crucial role in expanding the field sport equipment market. Innovations in materials science have led to the development of more durable, lightweight, and high-performance sports gear. For instance, the use of advanced polymers and composites in protective gear and footwear has significantly enhanced safety and comfort for athletes. Additionally, the integration of smart technology, such as sensors and performance tracking devices, has added a new dimension to athletic training and performance evaluation, thereby increasing the appeal of modern sports equipment.

The growing popularity of professional sports leagues and tournaments is another important growth driver. High-profile events like the FIFA World Cup, the Rugby World Cup, and the Olympic Games attract millions of viewers worldwide and inspire many to take up sports. This surge in interest translates into higher sales of field sport equipment as fans and aspiring athletes look to emulate their sports heroes. Moreover, endorsements by famous athletes often lead to increased brand visibility and consumer trust, further fueling market growth.

Sporting Goods Stores play a pivotal role in the distribution of field sport equipment, offering consumers a hands-on experience with the latest gear. These stores provide an opportunity for customers to physically inspect products, try them on, and receive expert advice from knowledgeable staff. This personalized shopping experience is invaluable, especially for athletes seeking specialized equipment. Sporting Goods Stores often host events and workshops, further engaging the community and fostering a culture of sports and fitness. Their strategic partnerships with major brands ensure a wide selection of high-quality products, catering to both amateur and professional athletes.

From a regional perspective, Asia Pacific is expected to witness the highest growth in the field sport equipment market. The region's burgeoning middle class, increasing disposable incomes, and a strong emphasis on physical fitness and sports activities are driving the demand for high-quality sports equipment. Countries like China, India, and Japan are key markets, with significant investments in sports infrastructure and grassroots programs aimed at nurturing young talent. Meanwhile, North America and Europe continue to be mature markets with steady demand, driven by well-established sports cultures and robust infrastructural support.

Product Type Analysis

The field sport equipment market can be segmented by product type into balls, protective gear, footwear, apparel, and others. Each of these segments plays a vital role in the sports ecosystem, catering to various needs and preferences of athletes and sports enthusiasts. Balls, for instance, form the core of many field sports, and advancements in ball design and materials have significantly impacted gameplay and performance. Modern balls are engineered for better aerodynamics, durability, and control, enhancing the overall sporting experience.

Protective gear is another crucial segment that has seen substantial growth, driven by increasing awareness about sports injuries and the importance of safety. Innovations in this segment include the use of advanced materials like carbon fiber and shock-absorbing foam, which provide superior protection without compromising on comfort and flexibility. Helmets, shin guards

The global sports equipment market, valued at $173.59 billion in 2025, is projected to experience robust growth, driven by several key factors. Rising health consciousness and increasing participation in various sports and fitness activities are major contributors. The growing popularity of team sports like soccer and basketball, along with individual fitness pursuits such as running and weight training, fuels demand for a diverse range of equipment. Technological advancements, such as the integration of smart technology in fitness trackers and training equipment, are further enhancing the market's appeal. The market segmentation reveals strong performance across various product categories, with ball games and fitness/strength equipment likely dominating market share due to their widespread use. Online distribution channels are experiencing significant growth, driven by the convenience and reach offered by e-commerce platforms. However, challenges such as fluctuating raw material prices and intense competition among established players and new entrants present some restraints to growth.Geographic analysis indicates a strong presence across key regions, with North America and APAC likely holding significant market shares due to established sporting cultures and substantial consumer spending. The APAC region, particularly China and Japan, shows considerable potential for future growth given the rising disposable incomes and burgeoning interest in fitness and sports. Europe, driven by established sports infrastructure and participation rates, also represents a substantial market segment. Strategic initiatives such as product innovation, targeted marketing campaigns, and expansion into emerging markets will be crucial for companies to maintain a competitive edge and capitalize on the market's growth trajectory. The forecast period of 2025-2033 suggests continued expansion, with a Compound Annual Growth Rate (CAGR) of 6.09%, indicating substantial opportunities for investment and growth within the sports equipment industry.

Global Sports Equipment and Accessories market size 2021 was recorded $74.553 Billion whereas by the end of 2025 it will reach $95.986 Billion. According to the author, by 2033 Sports Equipment and Accessories market size will become $159.109. Sports Equipment and Accessories market will be growing at a CAGR of 6.521% during 2025 to 2033.

The revenue is forecast to experience significant growth in all segments in 2029. As part of the positive trend, the revenue achieves the maximum value across all eight different segments by the end of the comparison period. Notably, the segment Exercise Equipment stands out with the highest value of ** billion U.S. dollars. Find further statistics on other topics such as a comparison of the average revenue per capita in Russia and a comparison of the revenue in the United States. The Statista Market Insights cover a broad range of additional markets.

The global sports equipment market, valued at $77.41 billion in 2025, is projected to experience steady growth, exhibiting a compound annual growth rate (CAGR) of 1.8% from 2025 to 2033. This moderate growth reflects a mature market with established players like Adidas, Nike, and Under Armour dominating the landscape. However, several factors contribute to continued expansion. The rising global participation in sports and fitness activities, fueled by increasing health awareness and disposable incomes, particularly in emerging economies, continues to drive demand. Furthermore, technological advancements in materials science and manufacturing are leading to the development of lighter, more durable, and performance-enhancing equipment, attracting both professional athletes and recreational users. The market's segmentation, while not explicitly detailed, likely encompasses categories such as apparel, footwear, and various sporting goods based on activity (e.g., running, team sports, water sports). The increasing popularity of niche sports and fitness trends also presents opportunities for growth within specific segments. Despite these positive drivers, the market faces certain restraints. Economic fluctuations can impact consumer spending on discretionary items like sports equipment. Moreover, intense competition among established brands necessitates continuous innovation and marketing efforts to maintain market share. Sustainability concerns and the increasing demand for eco-friendly materials are also shaping the industry, prompting manufacturers to adopt responsible sourcing practices. The competitive landscape is likely to remain highly concentrated, with larger companies investing in research and development to maintain a technological edge and expand their global presence. This steady growth, coupled with the evolving consumer preferences and technological advancements, indicates a stable albeit not explosive growth trajectory for the sports equipment market in the coming years.