Sporting Goods Manufacturing in the UK - Industry Market Research Report

Getting fit: In 2023-24, industry revenue is forecast to rise despite constrained consumer demand

Sporting Equipment Manufacturing industry growth has been supported by rising health consciousness and a series of government initiatives to encourage sports participation in physical activity, particularly among younger demographics. Favourable exchange rate fluctuations also supported strong demand for industry exports over the two years through 2019-20, aiding revenue growth. The closure of sports facilities, gyms and schools for long periods during the pandemic spurred a notable decline in demand for sport equipment in 2020-21. However, the decline was somewhat mitigated by increased leisure time among consumers during lockdown periods. Sport equipment manufacturing is extremely sensitive to international trade, with imports satisfying a large share of domestic demand and exports accounting for a significant proportion of domestic manufacturer sales.

The Sporting Goods Manufacturing industry produces a vast array of sporting goods, including playground equipment, swimming pools, fitness equipment, ski boots, bows, crossbows, rackets, bats and fishing equipment.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.