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South Korea Sports Equipment Retail Market Summary, Competitive Analysis and Forecast to 2027

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    Report

  • 42 Pages
  • October 2023
  • Region: South Korea
  • MarketLine
  • ID: 5781948
Description Jump to:
Sports Equipment Retail in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The sports equipment market includes ball sports equipment, adventure sports equipment, fishing equipment, golf equipment, racket sports equipment, winter sports equipment, specialist footwear, and all other dedicated sports equipment. It includes non-motorized bicycles and their accessories.
  • The South Korean sports equipment market had a total revenue of $8.5 billion in 2022, representing a compound annual growth rate (CAGR) of 8.4% between 2017 and 2022.
  • The country's levels of sports participation and end users' financial power are the primary factors driving the sports equipment retail market.
  • The market is also influenced by various macroeconomic factors such as population, nominal GDP, and increasing disposable income.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the sports equipment retail market in South Korea
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the sports equipment retail market in South Korea
  • Leading company profiles reveal details of key sports equipment retail market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the South Korea sports equipment retail market with five year forecasts

Reasons to Buy

  • What was the size of the South Korea sports equipment retail market by value in 2022?
  • What will be the size of the South Korea sports equipment retail market in 2027?
  • What factors are affecting the strength of competition in the South Korea sports equipment retail market?
  • How has the market performed over the last five years?
  • What are the main segments that make up South Korea's sports equipment retail market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Geography segmentation
1.4. Market rivalry
1.5. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Geography segmentation
4.2. Market distribution
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players in the market?
7.2. What are the strengths of leading players?
7.3. What strategies do the leading players follow?
8 Company Profiles
8.1. Kolon Industries Inc
8.2. Mizuno Corp
8.3. adidas AG
8.4. NIKE Inc
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: South Korea sports equipment retail market value: $ million, 2017-22
Table 2: South Korea sports equipment retail market geography segmentation: $ million, 2022
Table 3: South Korea sports equipment retail market distribution: % share, by value, 2022
Table 4: South Korea sports equipment retail market value forecast: $ million, 2022-27
Table 5: Kolon Industries Inc: key facts
Table 6: Kolon Industries Inc: Annual Financial Ratios
Table 7: Kolon Industries Inc: Key Employees
Table 8: Mizuno Corp: key facts
Table 9: Mizuno Corp: Annual Financial Ratios
Table 10: Mizuno Corp: Key Employees
Table 11: adidas AG: key facts
Table 12: adidas AG: Annual Financial Ratios
Table 13: adidas AG: Key Employees
Table 14: NIKE Inc: key facts
Table 15: NIKE Inc: Annual Financial Ratios
Table 16: NIKE Inc: Key Employees
Table 17: NIKE Inc: Key Employees Continued
Table 18: South Korea size of population (million), 2018-22
Table 19: South Korea gdp (constant 2005 prices, $ billion), 2018-22
Table 20: South Korea gdp (current prices, $ billion), 2018-22
Table 21: South Korea inflation, 2018-22
Table 22: South Korea consumer price index (absolute), 2018-22
Table 23: South Korea exchange rate, 2018-22
List of Figures
Figure 1: South Korea sports equipment retail market value: $ million, 2017-22
Figure 2: South Korea sports equipment retail market geography segmentation: % share, by value, 2022
Figure 3: South Korea sports equipment retail market distribution: % share, by value, 2022
Figure 4: South Korea sports equipment retail market value forecast: $ million, 2022-27
Figure 5: Forces driving competition in the sports equipment retail market in South Korea, 2022
Figure 6: Drivers of buyer power in the sports equipment retail market in South Korea, 2022
Figure 7: Drivers of supplier power in the sports equipment retail market in South Korea, 2022
Figure 8: Factors influencing the likelihood of new entrants in the sports equipment retail market in South Korea, 2022
Figure 9: Factors influencing the threat of substitutes in the sports equipment retail market in South Korea, 2022
Figure 10: Drivers of degree of rivalry in the sports equipment retail market in South Korea, 2022

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Kolon Industries Inc
  • Mizuno Corp
  • adidas AG
  • NIKE Inc

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About the Sports Retail Market

The Sports Retail market is a segment of the Sporting Goods and Equipment industry that focuses on the sale of sports-related products. This includes items such as apparel, footwear, and equipment for a variety of sports and activities. The market is driven by the increasing popularity of sports and fitness activities, as well as the growing demand for sports-related products. Sports Retailers typically offer a wide range of products, from apparel and footwear to equipment and accessories. They also provide services such as repairs, customizations, and rentals. Many retailers also offer online shopping options, allowing customers to purchase products from the comfort of their own homes. Some of the major companies in the Sports Retail market include Nike, Adidas, Under Armour, Puma, and Reebok. Other notable companies include Dick's Sporting Goods, Sports Authority, and Big 5 Sporting Goods. Show Less Read more

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