new York, July 20, 2021 /PRNewswire/ –
Technavio recently released a research report on the sports and leisure market. According to this exclusive market research report, the increasing prominence of online shopping and the increasing adoption of fitness programs by enterprises will have a positive impact on the market during the forecast period. However, the supply of counterfeit products may hinder market growth. As the business impact of COVID-19 spreads, it is expected that the sports and leisure market will experience positive and remarkable growth from 2021 to 2025.
The enterprise will go through the response, recovery and renewal phases.
Download a free sample report on COVID-19
Impact of COVID-19
Due to the widespread growth of the COVID-19 pandemic, the sports and leisure market will be negatively affected during the forecast period. According to Technavio’s pandemic-focused market research, market growth in 2021 may increase compared to 2020.
Frequently asked questions:
- According to product segmentation, which is the leading market segment?
Based on this product, the market has witnessed the largest growth in the mass sports and leisure sector in 2020.
- What are the main trends in the market?
Increasing adoption of fitness programs by enterprises is a major trend in the market.
- At what rate is the market expected to grow?
During the forecast period, the market is expected to grow at a compound annual growth rate of more than 7%.
- Who are the top players in the market?
adidas AG, ALALA, ALO LLC, American Eagle Outfitters Inc., Carbon38 Inc., Columbia Sportswear Co., EYSOM LLC, H and M Hennes and Mauritz AB, lululemon sports company and Michi Design Inc. market.
- How big is the North American market?
North America In 2020, it will occupy about 35% of the global market share.
Global sports shoes market -The global sports shoe market is segmented by product (sports and leisure sports shoes, running sports shoes, stadium sports shoes, splint sports shoes, etc.), end users (professional users and leisure users), distribution channels (offline and online), and applications (Outdoor sports shoes, sports shoes and high-performance sports shoes) and geography (Asia Pacific, Europe, north…