Global Sports Luggage Market to Grow at 2.68% During 2024-2032, Impelled by Rising Sports Participation

April 26, 2021 | Retail

According to the latest report by IMARC Group, titled “Sports Luggage Market Report by Type (Golf Luggage, Ball Sports Golf Luggage, Racket Sports Golf Luggage, Hockey Luggage, Cricket Luggage, and Others), Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Stores, and Others), and Region 2024-2032,” the global sports luggage market is expected to grow at a CAGR of 2.68% during 2024-2032. Sports luggage refers to a range of cases, bags, and containers that help users to carry or store sports or gym equipment. This equipment can be used for carrying balls, dumbbells, water bottles, bands, rackets, nets, and clothes. There are various types of sports luggage available in the market, including tote bags, cinch bags, duffle bags and backpacks. They offer multifunctional capabilities and separate compartments to categorize belongings based on size and type.

Global Sports Luggage Market Trends:

The growing number of people competing in professional sports and the rising need for protective gear and other sporting goods are primarily driving the market. Other than this, the increasing prevalence of obesity and other health issues has prompted the young demographic to get involved in sports and related activities, which is propelling the market growth. The increasing demand for high-quality and spacious luggage during sports tournaments is fueling the market growth further. Also, rising disposable incomes and easy product availability through e-commerce platforms, particularly in developing countries, are promoting the growth of the market. Moreover, the growing interest in adventure sports, in confluence with the expansion in the travel and tourism industry, is influencing the market growth.
 

Market Summary:

  • Based on the type, the market has been classified into golf, ball sports golf, racket sports golf, hockey, cricket luggage and others.
  • On the basis of the distribution channel, the market has been divided into supermarkets and hypermarkets, specialty stores, online stores and others.
  • On a regional basis, the market has been spread across North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (the United Kingdom, Germany, France, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others) and Middle East and Africa.
  • The competitive landscape of the market has also been examined with some of the key players being Adidas AG, Amer Sports (Anta Sports Products Limited), ASICS Corporation, Callaway Golf Company, Kookaburra Sport Pty Ltd, Nike Inc., PUMA SE, Under Armour Inc., VF Corporation and Yonex Co. Ltd.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Type, Distribution Channel, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Adidas AG, Amer Sports (Anta Sports Products Limited), ASICS Corporation, Callaway Golf Company, Kookaburra Sport Pty Ltd, Nike Inc., PUMA SE, Under Armour Inc., VF Corporation and Yonex Co. Ltd.
Customization Scope 10% Free Customization
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Global Sports Luggage Market to Grow at 2.68% During 2024-2032, Impelled by Rising Sports Participation
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