Scope of the Report —
The report entitled “ European Sporting Goods Market: Size, Trends & Forecasts (2021-2025 Edition)” provides a detailed analysis of the Sporting goods market in Europe with analysis of market by value, growth and segments.
The report also includes analysis of the market in terms of value for some of the major European countries such as Germany, France, United Kingdom and Spain. Under competitive analysis, analysis of various brands and distributors of Sporting goods in Germany, France and Sweden has been done respectively.
Moreover, the report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall Sporting goods market in Europe has also been forecasted for the years 2021-2025, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
Adidas Group, Nike Inc. and PUMA are some of the key players operating in the Europe Sporting goods market whose company profiling is done in the report. In this segment of the report, business overview, financial overview and the business strategies of the companies are provided.
The Sporting goods market can be segmented on the basis of type of sport and distribution channel. The market can be split on the basis of Sporting into team sports, outdoor sport and recreation & exercise. On the basis of distribution channel the market can be bifurcated into store based retail and online/ internet.
Europe sporting goods market is forecasted to grow at a healthy rate during the projected period (2021-2025). The market is supported by growth drivers such as increasing awareness of the general public regarding health and fitness, hectic work life persuading people to include Sporting in their daily routines and rising prevalence of obesity in the region. The market is also confronted by some challenges such as seasonal nature of the Sporting goods industry, counterfeit products and increasing time spent by the youth on the internet.
Growing prominence of Sporting goods distribution through DTC (direct to customer) channels, swelling demand for technologically advanced Sporting goods and rising popularity of athleisure's are some of the latest trends existing in the market.
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