Consumer insights from the sporting goods industry – Page 10
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ArticleNorwegian sports specialty market grew by 3.6% in 2021
According to data compiled by the Norwegian sporting goods industry association, Norsk Sportsbransjeforening, Europe’s highest per capita sporting goods market recorded a 3.6 percent increase in 2021 among its nine top banners to 14,875 million Norwegian kroner (€1.46b) from 14,363 million in 2020. The trade group intends to release a ...
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Infographics & DataThe Norwegian Sports Retail Market
This interactive chart shows the largest Norwegian sports retailers by revenue in thousand NOK (2020 and 2021) as well as the total market size 2020, 2021 including market shares. This chart can be downloaded as JPG, PNG or PDF.
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ArticleWomen’s football in Europe to grow sixfold in commercial value by 2033
UEFA has launched a new report highlighting the potential for growth in the European women’s club and league game over the next decade. According to the report titled The Business Case for Women’s Football, women’s football could see a six-fold increase in its commercial value over the next decade, reaching ...
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Infographics & DataTop sporting goods companies by profit per employee
This exclusive interactive chart shows 19 major sporting goods brands as ranked by profit per employee for 2021, with comparative figures for 2020. The chart can be downloaded. This is exclusive data and analysis for Premium Members.
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News briefsYouGov analysis sees E-sports being an industry dominated by young, male consumers
YouGov has conducted a new study on the German E-sports market. The global market research company puts one of its main focuses on the E-sports business since it entered an exclusive research and data analysis partnership with the gaming business media outlet Business of Esports last year. The new study ...
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Infographics & DataInflation rates in the G20
This exclusive interactive chart shows inflation rates for June and July 2022 for all members of the G20. The chart can be downloaded. This is exclusive data and analysis for Premium Members.
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News briefsGrowth stalls in production of Spanish sporting goods
According to the preliminary figures of the National Statistical Institute (INE), Palco23 reports, Spain’s industry production index (IPI) for sporting goods has dropped by 13 percent year-on-year for June. This marks the end of a nine-month streak of growth. A consecutive six of those months – December (70.1%), January (43.2%), ...
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ArticleGlobal gym accessories market growing at 6.2% CAGR to 2031
The global gym accessories industry was estimated at $6.51 billion in 2021 and is expected to reach $12.01 billion by 2031, registering a compound annual growth rate (CAGR) of 6.2 percent from 2022 to 2031, according to a new report by Allied Market Research. The experts said that the growth ...
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ArticleExperts remain split on nature and effects of the metaverse, Pew study finds
Pew Research Center has released a report titled “The Metaverse in 2040,” detailing the American polling company’s recent unscientific survey of a non-random sample of experts in the field. To be hyperbolic, opinions range all over, from “nothing will happen” to everything will happen,” from “people will go crazy” to ...
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News briefsYouGov: Sustainability in retail is important to 25% of Germans
The trend toward greater sustainability in times of climate change is increasingly coming into focus in the retail and consumer goods industries. For every fourth German (25%), sustainability in retail is one of the most important aspects. This is shown by data from the YouGov Profile Peek “Sustainable Retail,” which ...
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News briefsSports Alliance: Fitness industry is male-dominated
The international fitness industry is male-dominated, and leadership positions are mainly held by men. This is the conclusion of a study conducted by Sport Alliance and Women in Fitness Association (WIFA). A total of 679 participants from the fitness industry took part in the (non-representative) global online survey. The results ...
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News briefsStravito partners with KnowledgeHound to centralize survey data in one platform
Swedish software provider Stravito, a platform aimed at democratizing access to market research data, has announced a partnership with KnowledgeHound, a U.S.-based survey analytics platform, to offer fully centralized insights management. Companies subscribing to both platforms and taking advantage of this new integration can now access all of their survey ...
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ArticleItaly’s sports economy contributes €24.5 billion to national GDP, a 1.9% increase
The contribution of the sports economy to Italy’s gross domestic product (GDP) is around €24.5 billion, namely 1.37 percent of the country’s total GDP, and a workforce of 420,000 people, according to a recent report by Istituto per il Credito Sportivo (ICS). The study titled Il PIL dello sport. La ...
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News briefs
Tennis is becoming increasingly popular in South Korea
Tennis is apparently becoming increasingly popular in South Korea. This is reported by Korea Jong daily. The market in Korea reached approximately 250 billion won (€190 million) last year, with around 500,000 people playing. According to research by Korea Jong daily, online stores, tennis apparel brands, brick-and-mortar retailers and tennis ...
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ArticlePost-lockdown China unlikely to hit annual growth target
China’s GDP appears to have shrunk from the first to the second quarter of this year. The 2.6 percent decline was steeper than the 1.5 percent decline predicted in a poll of financial analysts conducted by Reuters. China itself, in the statement issued by its National Bureau of Statistics, says ...
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News briefsEuropean ski industry slowly bouncing back after Covid-19
The European ski industry is slowly recovering after “a disastrous season hit by Covid-19,” the Federation of the European Sporting Goods Industry (FESI) has said. According to results in the trade organization’s recent annual ski market report, skis and ski-equipment sales for the 2021/22 season increased slightly from those of ...
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News briefs
Global sports glove market to grow at 3.5% CAGR to 2026
The global market for sports gloves, worth an estimated $1.4 billion in 2022, is projected to reach $1.6 billion by 2026, for a compound annual growth rate (CAGR) of 3.5 percent over 2020/27, according to a new report by Research and Markets. Boxing gloves, one of the segments in the ...
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ArticleRussia sees hike in online sales of sporting goods as fears rise over counterfeits
Russia’s largest online retailers have registered booming demand for sporting goods in the first half of 2022. Learn about the details.
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ArticlePandemic curbed organized sports in Italy, but physical activity is on the rise
The number of registered sports participants in Italy dropped by 1,760,000 units in the 2019/20 period. The number of sports associations declined as well, with 5,166 of them shutting down during the two-year period. These are the key elements that emerge from I Numeri dello Sport 2019-2020 (Tr.: The Figures ...
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ArticleSinking euro signals EU’s slowing economic growth
For the first time in nearly two decades, the euro and U.S. dollar yesterday nearly reached 1-for-1 parity. That suggests a recession is on the horizon for the European Union, contends some economists. Experts contend there are several reasons the euro against the dollar has depreciated 12 percent since the ...
