World’s Top 40 Sporting Goods Companies in 2025: Innovation And Revenue Insights
RELEASE DATE: Sep 2025 Author: Spherical InsightsRequest Free Sample Speak to Analyst
Description
According to a research report published by Spherical Insights & Consulting, The Global Sporting Goods Market Size is projected to Grow from USD 554.2 Billion in 2024 to USD 859.3 Billion by 2035, at a CAGR of 4.07% during the forecast period 2025–2035. Global market expansion is driven by factors such as growing e-commerce, technological advancements, rising health consciousness, rising sports participation, and rising demand for cutting-edge, long-lasting, and environmentally friendly sporting products.
Introduction
The sporting goods market refers to the production and sale of equipment, apparel, and accessories used in sports, fitness, and outdoor activities, driven by active lifestyles and recreation. The market for sporting goods consists of a broad range of specially made gear, clothing, and accessories that improve athletic enjoyment and performance. These goods minimise the danger of injuries by meeting safety regulations and ergonomic specifications while serving outdoor recreation, competitive sports, fitness training, and leisure activities. The desire for better performance, more safety features, and flexibility to meet changing sports demands are major market driver. Innovation in this industry is driven by well-known brands like PUMA, Adidas, Nike, and Under Armour. For instance, PUMA celebrated women's basketball and supported the upcoming generation of female athletes by introducing the Brilliance Pack in March 2023, which featured new colourways and sizes in their FUTURE, ULTRA, and KING models. The steady growth of the global sporting goods industry is driven by ongoing product innovation and rising sports participation.
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Sporting Goods Market Size & Statistics
- The Market Size for Sporting Goods Was Estimated to be worth USD 554.2 Billion in 2024.
- The Market Size is Going to Expand at a CAGR of 4.07% between 2025 and 2035.
- The Global Sporting Goods Market Size is anticipated to reach USD 859.3 Billion by 2035.
- North America is expected to generate the highest demand during the forecast period in the Sporting Goods Market
- Asia Pacific is expected to grow the fastest during the forecast period in the Sporting Goods Market.
Regional growth and demand
Asia Pacific is expected to grow the fastest during the forecast period in the sporting goods market. The growing demand for fitness and premium sports equipment throughout the forecast period, the APAC region is anticipated to have substantial growth in the sporting goods market and rank second. Additionally, the region's increasing disposable income has led to a rise in spending on fantasy sports, which in turn has increased demand for sporting items because of the multiplier effect on discretionary expenditure.
North America is expected to generate the highest demand during the forecast period in the Sporting Goods market. The market for athletic goods in the US has scope to grow steadily due to shifting customer tastes, improvements in materials, and an emphasis on sustainability. Because the region is home to some of the most popular sports in the world, including baseball, football, and basketball, there is a significant need for sports equipment, especially basketball equipment. Because of its busy lives and high disposable budgets, the US market is very profitable for sports goods producers.
Top 10 trends in the Sporting Goods Market
- Increasing demand for sustainable and eco-friendly products
- Growth in athleisure and multifunctional sportswear
- Integration of wearable technology and smart devices
- Rising popularity of personalized and customized sporting goods
- Expansion of e-commerce and direct-to-consumer sales
- Focus on safety-enhancing equipment and protective gear
- Adoption of advanced materials for better performance and durability
- Increasing participation in outdoor and adventure sports
- Growing influence of social media and influencer marketing
- Emphasis on inclusive and adaptive sports equipment for all abilities
1. Increasing demand for sustainable and eco-friendly products
Companies are adopting sustainable manufacturing and packaging practices to lessen their environmental impact and satisfy ethical consumer demands as a result of consumers' growing preference for eco-friendly athletic items made from recycled or biodegradable materials.
2. Growth in athleisure and multifunctional sportswear
Athleisure combines style and functionality, enabling consumers to wear sportswear both for workouts and casual settings, driving demand for versatile, comfortable, and fashionable apparel.
3. Integration of wearable technology and smart devices
Interest in tech-enabled sporting items is increased by smart gadgets like fitness trackers and smartwatches, which improve training effectiveness, health tracking, and performance monitoring.
4. Rising popularity of personalized and customized sporting goods
Athletes can customise clothing and equipment to suit their tastes and requirements, increasing customer happiness and brand loyalty.
5. Expansion of e-commerce and direct-to-consumer sales
Online sales channels enable convenient shopping and direct-to-consumer access, accelerating growth and reaching wider markets globally.
Empower your strategic planning:
Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the sporting goods market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.
Top 14 Companies Leading the Sporting Goods Market
- Adidas AG
- Nike, Inc.
- Under Armour, Inc.
- PUMA SE
- AMER Sports
- Admiral Sportswear Limited
- Diadora S.p.A.
- Ellesse
- Whitetail Headquarters
- ODLO International AG
- Hummel International Sport & Leisure A/S
- Betr Holdings, Inc.
- Hammer Sports
- Polar Electro
- Others
1. Nike, Inc.
Headquarters: Beaverton, Oregon, USA
Leading the way in sports footwear, gear, and equipment worldwide, Nike, Inc. is renowned for its performance, style, and innovation. Nike was established in 1964 and serves athletes and customers all over the world with a variety of product lines, such as Converse, Jordan, and Nike. The company is praised for its innovative technology, eco-friendly designs, and customised online experiences. Professionals, athletes, and casual users all find Nike's legendary items appealing because they blend comfort and durability. Nike continues to dominate the sporting goods market thanks to its strong worldwide presence and ongoing product innovation, and it is dedicated to motivating and enabling athletes at all levels.
2. Under Armour, Inc.
Headquarters: Baltimore, Maryland, USA
Under Armour, Inc. is a leading inventor, marketer, and distributor of branded athletic performance apparel, footwear, and accessories. Founded in 1996 by Kevin Plank, the company revolutionized sportswear with its moisture-wicking fabric technology. Headquartered in Baltimore, Maryland, Under Armour operates globally, with additional offices in cities like Amsterdam, Hong Kong, and Toronto. The company offers a wide range of products designed to enhance athletic performance, including apparel, footwear, and accessories. Under Armour is committed to innovation and sustainability, aiming to reduce its environmental impact and support communities through various initiatives.
3. PUMA SE
Headquarters: Herzogenaurach, Bavaria, Germany
PUMA SE is a leading global sportswear brand known for combining performance, innovation, and lifestyle fashion. With a focus on speed and agility, PUMA offers footwear, apparel, and accessories for sports like football, running, motorsport, and training. The company partners with top athletes and designers to create trend-setting products. In 2024, PUMA generated around €8.8 billion in revenue, reinforcing its status as the third-largest sporting goods brand globally. With a strong commitment to sustainability and regional growth strategies, PUMA continues to drive forward its “Forever Faster” mission to deliver high-performance, stylish, and eco-conscious products worldwide.
4. AMER Sports
Headquarters: Helsinki, Finland
Amer Sports is a global leader in sporting goods, managing well-known brands like Arc’teryx, Salomon, Wilson, Atomic, and Louisville Slugger. The company offers high-quality apparel, footwear, equipment, and protective gear for outdoor, ball, racquet, and snow sports. In 2024, Amer Sports reported $5.18 billion in revenue, with strong growth driven by direct-to-consumer sales and the success of premium brands like Arc’teryx and Salomon. The company focuses on innovation, expanding its presence in key markets such as Greater China, and maintaining its reputation for quality and performance.
5. Admiral Sportswear Limited
Headquarters: Altrincham, Manchester, England
The storied British sportswear company Admiral Sportswear was established in Leicester in 1914. The business started off making knickers before switching to sportswear and being well-known in the 1970s and 1980s for providing uniforms to elite football teams and national teams, such as England, Leeds United and Manchester United. Admiral Sportswear Ltd., a Manchester-based company, acquired the brand in 2011 and brought it back to life with an emphasis on football teamwear and vintage-inspired clothing. Admiral currently sells a variety of sportswear and casual fashion items in addition to providing uniforms to numerous football teams across the globe.
Are you ready to discover more about the Sporting Goods market?
The report provides an in-depth analysis of the leading companies operating in the global sporting goods market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes
Company Profiles
- Adidas AG
- Business Overview
- Company Snapshot
- Products Overview
- Company Market Share Analysis
- Company Coverage Portfolio
- Financial Analysis
- Recent Developments
- Merger and Acquisitions
- SWOT Analysis
- Nike, Inc.
- Under Armour, Inc.
- PUMA SE
- AMER Sports
- Admiral Sportswear Limited
- Diadora S.p.A.
- Ellesse
- Whitetail Headquarters
- ODLO International AG
- Hummel International Sport & Leisure A/S
- Betr Holdings, Inc.
- Hammer Sports
- Polar Electro
- Others
Conclusion
The global sporting goods market is expanding steadily, driven by increasing demand across corporate, educational, and creative sectors. Innovations in eco-friendly materials, ergonomic designs, and advanced ink formulations enhance user experience. Growing environmental awareness fuels preference for reusable and biodegradable products. Additionally, the rise of digital learning and hybrid work environments boosts demand. Despite challenges like rising raw material costs and competition from digital alternatives, ongoing product innovation and expanding applications worldwide are expected to sustain strong market growth in the coming years.
About the Spherical Insights & Consulting
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