Overview of the Market for Sporting And Athletic Goods in the USA
In value terms, sporting and athletic goods production amounted to $ in 2019. The total output value increased at an average annual rate of +% from 2013 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, production reached the peak level and is likely to continue growth in the immediate term.
The revenue of the sporting and athletic goods market in the U.S. rose modestly to $ in 2019, surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% over the period from 2013 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of % against the previous year. Sporting and athletic goods consumption peaked in 2019 and is expected to retain growth in years to come.