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The sports equipment market size is forecast to increase by USD 59.7 billion at a CAGR of 6.09% between 2023 and 2028. The market is experiencing significant growth, driven by the rising health and fitness awareness among individuals. This trend is leading to an increased demand for advanced sports equipment made from innovative materials, such as carbon fiber and titanium alloys. However, the market faces challenges due to unpredictable raw material prices, which can impact the cost of production and, ultimately, the price of the final product. Despite this, the market is expected to continue its growth trajectory, fueled by the increasing popularity of sports and fitness activities worldwide. The use of technology in sports equipment, including wearable devices and smart equipment, is also a key trend, providing valuable data and insights to athletes and coaches to optimize performance and training.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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