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        Sporting Goods Manufacturing Industry Profile

        Report Page Length: 10-12
        Last Quarterly Update: 10/18/2021
        SIC Codes: 3949
        NAICS Codes: 339920
        Chapters Include:
        Industry Overview Trends & Challenges Industry Forecast
        Quarterly Industry Update Call Prep Questions Website & Media Links
        Business Challenges Financial Information Glossary & Acronyms
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        Excerpt from Sporting Goods Manufacturing Industry Profile

        Companies in this industry manufacture sporting and athletic goods, including sports and fitness equipment. Major companies include Acushnet Holdings, BRG Sports, Callaway Golf, ICON Health & Fitness, and Russell Athletic (all based in the US), as well as Amer Sports (Finland), Decathlon (France), Head (Netherlands), and Mizuno (Japan).

        The global market for sporting and athletic goods has a value of $110.33 billion in 2021 at a 14.7% CAGR, the market is expected to reach about $143 billion in 2025 at a 7% CAGR. The growth is mainly due to the COVID-19 impact recovery and the operations rearrangement of the companies, according to Globe Newswire. The largest region in the global sporting and athletic goods is Asia Pacific with 48% market value in 2020. The second largest region is Western Europe with 22% market value.

        The US sporting goods manufacturing industry includes about 1,600 establishments (single-location companies or units of multi-location companies) with combined annual revenue of about $10 billion. Manufacturing of athletic apparel and footwear, which is not included in the industry, is covered in separate industry profiles.

        COMPETITIVE LANDSCAPE

        Sporting goods manufacturers align their distribution, sales, and marketing strategies with the demands and trends of the sporting retail section. Major big-box chains have gained leverage over suppliers as they acquire smaller retailers that have fallen into bankruptcy. Large sports equipment manufacturers are increasingly selling products directly to consumers through their own websites, ...

         
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