Overview of the Market for Sporting And Athletic Goods in the USA
In value terms, sporting and athletic goods production rose slightly to $ in . The total output value increased at an average annual rate of +% over the period from 2013 to ; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of % against the previous year. Over the period under review, production hit record highs at $ in 2018; however, from 2019 to , production remained at a lower figure.
The revenue of the sporting and athletic goods market in the U.S. rose rapidly to $ in , growing 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 ; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2015 with an increase of % year-to-year. Sporting and athletic goods consumption peaked in and is expected to retain growth in the near future.