- Press Release -

Rockville, Md. The global sport accessories market is set to reach nearly US$ 95 Bn by 2022 on steady growth, according to Fact.MR. Demand for adventure sports is climbing, and corporate and government initiatives across Australia, the United States and the United Kingdom, from women's cycling festivals to challenge ride series, are encouraging more people to take part, while ball sports such as soccer, rugby and cricket draw rising participation.

Head gear leads the product mix, economy pricing dominates, and men's accessories carry the largest revenue. Europe is the most lucrative region, with hiking jackets, women's products, online channels and Asia Pacific excluding Japan the fastest-growing pockets.

Products, Pricing and Demographics

Head gear is the largest product segment, while hiking jackets are the fastest-selling. By price, economy accessories dominate at more than a third of revenue, while super premium products post the highest CAGR. On demographics, men's accessories account for the largest revenue and grow steadily, while women's accessories grow faster than any other demographic segment.

On distribution, sport stores and departmental stores together are the most lucrative channels, with online sports channels the fastest-growing. Europe stays the most lucrative region, followed by North America, while Asia Pacific excluding Japan expands quickest.

Participation Drives Demand

The market runs on people playing sport. Extreme sports events, from mountain bike races to freestyle kayak and surfing championships, are lifting demand for specialised accessories, while heavy coverage of the FIFA World Cup, Commonwealth Games and Olympics draws more young people into sport and, with them, the gear that supports it.

Suppliers and Their Playbook

The field brings together global sports brands.

• Adidas AG, PUMA SE, NIKE, Inc., Wolverine World Wide, Inc., V.F. Corporation, New Balance, Inc., ASICS Corporation, Apple, Inc., Everlast Worldwide, Inc., Decathlon S.A., and Under Armour, Inc. are among the key players in the report.

Reading the Market for Decisions

For brands, growth favours hiking and super-premium lines, women's products and online reach. Investors get a large market with steady, participation-led demand. Procurement and retail teams can plan around head gear and economy pricing carrying volume, sport and departmental stores leading distribution, and Europe holding the largest share while Asia Pacific grows fastest through 2022.

About the Report

Fact.MR's study covers the global sport accessories market for the 2017 to 2022 forecast period, with segmentation by product, price range, demographics, distribution channel and region. It sizes each segment, maps the competitive field, and weighs the demand forces shaping the market. Further detail is available in the sport accessories market report.

About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. The firm is known for its syndicated research, custom research and consulting solutions, helping clients make decisions on demand, competition, investment, procurement and future growth.