2020 Impact Of Covid-19 On The Sporting And Athletic Goods Market Growth And Trends
The Business Research Company’s latest report Sporting And Athletic Goods Global Market Report 2020 covers Sporting And Athletic Goods market drivers, Sporting And Athletic Goods market trends, Sporting And Athletic Goods market segments, Sporting And Athletic Goods market growth rate, Sporting And Athletic Goods market major players, and Sporting And Athletic Goods market size. The report provides in-depth analysis of the impact of COVID-19 on the Sporting And Athletic Goods industry, along with revised market numbers due to the effects of the coronavirus.
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Sporting And Athletic Goods Global Market Report 2020 is the most
comprehensive report available on this market and will help gain a truly global
perspective as it covers 60 geographies. The chapter on the impact of COVID-19
gives valuable insights on supply chain disruptions, logistical challenges, and
other economic implications of the virus on the market. The chapter also covers
markets which have been positively affected by the pandemic.
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The global sporting and athletic goods market is expected to decline
from $115 billion in 2019 to $110.6 billion in 2020 at a compound annual growth
rate (CAGR) of -3.8%. The decline is mainly due to economic slowdown across
countries owing to the COVID-19 outbreak and the measures to contain it. The
market is then expected to recover and grow at a CAGR of 7% from 2021 and reach
$133.2 billion in 2023.
The report covers the
Sporting And Athletic Goods market’s segments-
1) By Type: Fishing Equipment, Skating And Skiing
Equipment, Golf Equipment, Other Sporting Equipment
2) By Distribution Channel: Online Stores, Specialty Stores,
Convenience/Departmental Store, Others
3) By Material: Plastics, Wood, Metal, Others.
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