Sporting Goods, Hobby, Musical Instrument, and Book Stores Market Report 2026

The sporting goods, hobby, musical instrument, and book stores market size has grown strongly in recent years. It will grow from $510.83 billion in 2025 to $540.1 billion in 2026 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to rising participation in recreational sports, growth of traditional retail chains, increasing interest in hobbies and crafts, expansion of book publishing and reading culture, growing youth population engaged in physical and creative activities.

The sporting goods, hobby, musical instrument, and book stores market size is expected to see strong growth in the next few years. It will grow to $691.65 billion in 2030 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to adoption of e-commerce and digital platforms, increasing health and fitness consciousness, growing demand for eco-friendly and sustainable products, rise in experiential and interactive retail formats, integration of technology in toys, musical instruments, and sporting goods. Major trends in the forecast period include growth of e-commerce and online retail channels, increasing demand for fitness and outdoor sports equipment, rise in diy and crafting hobby participation, popularity of educational and interactive toys, expansion of specialty and niche bookstores.

The expansion of e-commerce is poised to drive the market for sporting goods, hobbies, musical instruments, and bookstores. E-commerce refers to the online buying and selling of products and services through devices like computers, tablets, smartphones, and other connected devices. Various items, including sporting goods, musical instruments, hobbies, and books, are available for purchase on online shopping platforms, providing consumers with convenient access to a wide range of products. For instance, a report by Forbes Media LLC in February 2023 predicts that the global e-commerce market is set to reach $6.3 trillion by 2023 and is expected to exceed $8.1 trillion by 2026. Therefore, the growth of e-commerce is a driving force behind the sporting goods, hobby, musical instrument, and bookstore market.

Major companies in the sporting goods, hobby, musical instrument, and bookstore market are focusing on opening concept stores to provide customers with an immersive experience and boost their market revenue. A concept store goes beyond simply selling products, offering an engaging shopping experience centered around a specific brand or theme. For example, in September 2023, New Balance, a US-based athletic footwear and apparel brand, launched its new retail concept at London’s Westfield Stratford City. The store is designed to appeal to both athletes and fashion enthusiasts, showcasing a wide range of products. Some items will also feature visual storytelling elements that highlight the artisans and origins behind the products, enhancing the overall shopping experience.

In April 2024, DICK’S Sporting Goods, a US-based sporting goods retailer, partnered with SidelineSwap to capitalize on the growing consumer interest in the resale market. As more people become environmentally conscious and seek cost-effective ways to purchase sporting goods, this collaboration aims to meet those needs. SidelineSwap is a US-based marketplace that specializes in buying and selling new and used sports equipment, providing an opportunity for DICK'S Sporting Goods to expand its offerings in the resale space.

Major companies operating in the sporting goods, hobby, musical instrument, and book stores market are Decathlon SA, Dick's Sporting Goods Inc., Frasers Group plc, BPS Direct LLC, Guitar Center Inc., Canadian Tire Corporation Limited, Recreational Equipment Inc, Sportsman's Warehouse, Hibbett Sports Inc., Thomann GmbH, Barnes & Noble Inc., Books-A-Million Inc., Half Price Books Inc., Sam Ash Music Corp., Music & Arts Center, Academy Sports + Outdoors, Cabela's Inc., Recreational Equipment Inc., Big 5 Sporting Goods Corp., Modell's Sporting Goods Inc., Dunham's Athleisure Corporation., Olympia Sports Inc., The Sportsman's Guide Inc., Tractor Supply Company, Rural King Supply Inc., At Home Group Inc., Michaels Stores Inc., Hobby Lobby Stores Inc., Jo-Ann Stores LLC, Blick Art Materials LLC, Sweetwater Sound Inc., Musician's Friend Inc., Powell's Books Inc., Strand Bookstore Inc., The Last Bookstore.

Western Europe was the largest region in the sporting goods, hobby, musical instrument, and book stores market in 2025. Asia-Pacific was the second-largest region in the sporting goods, hobby, musical instrument, and book stores market. The regions covered in the sporting goods, hobby, musical instrument, and book stores market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the sporting goods, hobby, musical instrument, and book stores market report are China; India; Japan; Australia; Indonesia; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; Taiwan; New Zealand; UK; Germany; France; Italy; Spain; Austria; Belgium; Denmark; Finland; Ireland; Netherlands; Norway; Portugal; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa.

The sporting goods, hobby, musical instrument, and book stores market includes revenues earned by entities by providing services through specialty stores, supermarkets, and hypermarkets. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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