How big is the Sporting Goods Market | Insights, Forecast & Growth Analysis 2025

Code: MTA9223 Publication Date: Sep 2025

What is the size of Sporting Goods Market?

According to 6Wresearch internal database and industry insights, the Global Sporting Goods Market was valued at USD 250 Billion in 2024 and is expected to reach USD 350 Billion by 2031, growing at a compound annual growth rate of 4.9% during the forecast period (2025-2031).

The notable growth phenomena in the sporting goods market size are being driven primarily by four factors that are increasing people's participation in fitness activities, increased disposable income spent on recreational items, increased demand for athleisure wear, and advanced sport equipment, which has increased performance and comfort.

Growth Factors for Sporting Goods Industry

  • Increasing awareness of the health benefits of sports and physical activity.
  • Increase in premium and technology sporting goods.
  • Increase in e-commerce channels that provide more selections for sporting goods.
  • Growth of athleisure wear to lifestyle apparel that offers functionality with style.
  • Government initiatives that encourage active living or youth engaging in sport.

Sporting Goods Market Trends

Trends in the Sporting Goods Market suggest there is a fundamental shift in consumer preferences. The growing demand for environmentally friendly sportswear, performance-driven equipment, and digital fitness products continues to prove the data. The rise of digitalization in the Sporting Goods Market trends with its smart wearables, connected fitness equipment, and online product customization, provides yet another dimension to the sector. Companies are aligning with consumer values through high-profile athlete endorsement and sponsorship, where sustainable and innovative products receive strong interest.

Emerging Developments in the Sporting Goods Market

The Sporting Goods Market developments indicate a focus on innovation and sustainability. Manufacturers are investing in recyclable materials, lightweight composites, and ergonomic designs to meet performance expectations while supporting environmental responsibility. In addition, developments in distribution include subscription-based models, direct-to-consumer strategies, and digital retail platforms that enhance accessibility. Partnerships with athletes and influencers are helping brands establish credibility, while technological enhancements in wearable tracking devices continue to shape product demand.

List of Leading Companies in the Sporting Goods Market

Some of the leading companies include:

  • Nike Inc.
  • Adidas AG
  • Puma SE
  • Under Armour Inc.
  • ASICS Corporation
  • New Balance Athletics Inc.
  • Amer Sports Corporation

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