Sports Equipment In English
The sports equipment trade is swiftly embracing new technologies and adapting its products in order to hold tempo with quickly altering global tendencies. In terms of income, the worldwide market for sports equipment grew from USD sixty one,778.7 million in 2010 to USD sixty six,528.8 million in 2013. It is expected to develop to USD 81,821.zero million in 2020 expanding at a CAGR of three.0%. The ball sports equipment phase is anticipated to be the market’s most profitable during the forecast interval. This segment is expected to grow from an estimated USD 17,592.6 million in 2014 to USD 21,778.6 million by 2020 at a CAGR of 3.6%.
Increasing the participation in sports actions, rising shopper awareness about well being and health, and the emergence of e-commerce are a number of the key drivers impelling development of the sports equipment market. However, growing availability of counterfeit products and rising costs of … Read More