Leading Sports Equipment Country Markets Databank
The Sports Equipment market was valued at $331,080.0 Million in 2020, and is projected to reach $630,798.2 Million by 2029 growing at a CAGR of 7.48% from 2021 to 2029. Asia-Pacific is expected to be the highest contributor to this market, with $117,202.3 Million in 2020, and is anticipated to reach $253,863.7 Million by 2029, registering a CAGR of 9.01%. Asia-Pacific and North America collectively expected to account for about 66.0% share of the Sports Equipment market in 2020, with the former constituting around 35.4% share. Asia-Pacific and Europe are expected to witness significant growth rates at a CAGR of 9.01% and 7.82% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 61.7% in the overall Sports Equipment market in 2020, and is anticipated to reach 67.3% by 2029.
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