The UK’s Sports Equipment & Apparel Market is estimated to be USD 41.91 Bn in 2023 and is expected to reach USD 64.01 Bn by 2028, growing at a CAGR of 8.84%.
As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding growth and reducing the risks.
The analyst analyses the UK’s Sports Equipment & Apparel Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.
Market Dynamics
Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding growth and reducing the risks.
Market Segmentations
The UK’s Sports Equipment & Apparel Market is segmented based on Sports Type, Product, Application, Distribution Channel, and End-User.- By Sports Type, the market is classified into Bike, Outdoor, Tennis, Running, Fitness Equipment, Football Soccer, Winter Sports, Water Sports, Others.
- By Product, the market is classified into Equipment.and Apparel and Shoes.
- By Application, the market is classified into Academy, Training Centres, and Others.
- By Distribution Channel, the market is classified into Online and Offline.
- By End-User, the market is classified into Men, Women, and Children.
Company Profiles
The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Adidas Ag, Amer Sports, Asics, Callaway Golf Co., Decathlon, Fanatics, Inc., Fila Holdings Corp., Yonex Co., Ltd, etc.Competitive Quadrant
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.Ansoff Analysis
The report presents a detailed Ansoff matrix analysis for the UK’s Sports Equipment & Apparel Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.The analyst analyses the UK’s Sports Equipment & Apparel Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.
Why buy this report?
- The report offers a comprehensive evaluation of the UK’s Sports Equipment & Apparel Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the market are also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains a competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.
Report Highlights:
- A complete analysis of the market, including the parent industry
- Important market dynamics and trends
- Market segmentation
- Historical, current, and projected size of the market based on value and volume
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the market
Table of Contents
1 Report Description1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Analyst Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Increase in Sports and Fitness Awareness
4.1.2 Public and Private Initiatives Towards Sports Activities and Events
4.1.3 Use of Sports Protection Equipment in Lowering the Magnitude of Injury
4.1.4 Increasing Trend for Rental Sports Equipment and Apparel
4.1.5 Rapid Growth of the Online Retail Platform
4.2 Restraints
4.2.1 Increase in Proclivity of Kids in Indoor Leisure Activities
4.2.2 High Pricing of Equipment
4.3 Opportunities
4.3.1 Need for Continued Development of Trendy Apparel
4.3.2 Increase in the Average Life Span of a Smartphone
4.3.3 Technological Advancement in Sports Equipment
4.4 Challenges
4.4.1 Rise in Terrorism and Political Influence on Sports Events
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 PESTLE Analysis
5.4 SWOT Analysis
5.5 Impact of Covid-19
5.6 Impact of Economic Slowdown & Impending Recession
5.7 Ansoff Matrix Analysis
6 UK’s Sports Equipment & Apparel Market, By Sports Type
6.1 Introduction
6.2 Bike
6.3 Outdoor
6.4 Tennis
6.5 Running
6.6 Fitness Equipment
6.7 Football Soccer
6.8 Winter Sports
6.9 Water Sports
6.10 Others
7 UK’s Sports Equipment & Apparel Market, By Product
7.1 Introduction
7.2 Equipment
7.3 Apparel and Shoes
8 UK’s Sports Equipment & Apparel Market, By Application
8.1 Introduction
8.2 Academy
8.3 Training Centres
8.4 Others
8.4.1 Rental Shops
9 UK’s Sports Equipment & Apparel Market, By Distribution Channel
9.1 Introduction
9.2 Online
9.3 Offline
10 UK’s Sports Equipment & Apparel Market, By End-User
10.1 Introduction
10.2 Men
10.3 Women
10.4 Children
11 Competitive Landscape
11.1 Competitive Quadrant
11.2 Market Share Analysis
11.3 Strategic Initiatives
11.3.1 M&A and Investments
11.3.2 Partnerships and Collaborations
11.3.3 Product Developments and Improvements
12 Company Profiles
12.1 Adidas Ag
12.2 Amer Sports
12.3 Asics
12.4 Callaway Golf Co.
12.5 Decathlon
12.6 Fanatics, Inc.
12.7 Fila Holdings Corp.
12.8 Frasers Group PLC
12.9 GAP, Inc.
12.10 Gray-Nicolls
12.11 Gunn & Moore
12.12 Kappa
12.13 Lululemon Athletica
12.14 Mizuno Corp.
12.15 New Balance
12.16 Nike, Inc.
12.17 Puma SE
12.18 Reebok International Ltd.
12.19 Sumitomo Rubber Industries Ltd.
12.20 Under Armour, Inc.
12.21 Yonex Co., Ltd.
13 Appendix
13.1 Questionnaire
Companies Mentioned
- Adidas Ag
- Amer Sports
- Asics
- Callaway Golf Co.
- Decathlon
- Fanatics, Inc.
- Fila Holdings Corp.
- Frasers Group PLC
- GAP, Inc.
- Gray-Nicolls
- Gunn & Moore
- Kappa
- Lululemon Athletica
- Mizuno Corp.
- New Balance
- Nike, Inc.
- Puma SE
- Reebok International Ltd.
- Sumitomo Rubber Industries Ltd.
- Under Armour, Inc.
- Yonex Co., Ltd.
