Licensed Sporting Goods Market: Nike Inc., Kynetic and DICKS Sporting Goods Inc. Emerging as Dominant Players

NEW YORK, June 14, 2022 /PRNewswire/ — The Licensed Sporting Goods Market will count Nike Inc., Kynetic and DICKS Sporting Goods Inc. as major participants during the forecast period

Technavio has announced its latest market research report titled Licensed Sporting Goods Market by Product, End User, Distribution Channel and Geography – Forecast and Analysis 2021-2025

According to Technavio’s research analysis, the Licensed sporting goods market is likely to register a CAGR of 2.98% while registering a gradual growth of $4.29 billion during the forecast period. The report offers an analysis of the dominant players in the market, including Adidas S.A. (Germany)Columbia Sportswear Co. (WE)Kinetics (WE)DICKS Sporting Goods Inc. (WE)and Nike Inc. (WE)PRADA Group (Italy)and PUMA SE (Germany). Read additional market information, Get a sample report.

Highlights of the licensed sporting goods market

  • CAGR of the market over the forecast period

  • In-depth information on factors that will contribute to the growth of the licensed sporting goods market over the next five years

  • Estimation of the licensed sporting goods market size and its contribution to the parent market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the licensed sporting goods market

Contact our analysts for more personalized reports according to your needs. Talk to our analyst now!

Top 3 Licensed Sporting Goods Market Players

Nike Inc.: The company offers a wide range of licensed sporting goods for men, women, boys and girls for different applications and activities, such as running, lifestyle, football, sports sandals, tennis, outdoors, hiking, sneakers, gym and training, skateboarding, walking, casual/lifestyle and basketball. One of the company’s main product offerings is the Nike NBA Connected Jersey.

Kinetics : The company offers licensed sporting goods through its Fanatics, FansEdge, Kitbag, Majestic and Fanatics Authentic brands. Some of the products offered by the company are UNITED STATES Mitchell & Ness 1992 Dream Team Authentic Basketball Shorts – Marine and UNITED STATES Nike Legend 2.0 Basketball Long Sleeve T-Shirt – White.

DICKS Sporting Goods Inc.: The Company offers fashion, apparel, footwear, and merchandise and other sales categories, including in-store services.

Have more on the highlights of the market vendor landscape with a comprehensive list of vendors and their offerings.

Segmentation of the licensed sporting goods market

  • Product

  • Final user

  • Distribution channel

  • Geography

The licensed sporting goods market is driven by increased awareness of fitness activities, innovations in design and materials leading to premiumization of products, and the heavy influence of celebrity endorsements on product decisions. customer purchase. Also, other factors such as increased awareness of fitness activities are expected to drive the licensed sporting goods market.

Get actionable insights into each contributing segment. Download a sample report: https://www.technavio.com/talk-to-us?report=IRTNTR44517

Market factors

  • A major aspect of increasing the global licensed sporting goods market share is the design and material improvements that contribute to the premiumization of the products. Due to market competition and changing customer demand as the fashion industry evolves, vendors are continuously innovating and releasing new models and designs of licensed sports products including shoes , clothes and accessories. The traded goods section of the global licensed sporting goods market includes sports shoes.

Market trends

  • Increased competition from the unorganized sector would be a major impediment to growing the global licensed sporting goods market share. Local and unorganized vendors have gained popularity due to their low prices. The revenue generation of large vendors has been impacted by the low priced products offered by these vendors. Customers switch from one brand to another due to a lack of brand loyalty. Due to the presence of multiple local, regional and international vendors, the global licensed sportswear market is highly fragmented.

Find additional information on various other market drivers and trends mentioned in our sample report.

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Licensed Sporting Goods Market Scope

Report cover

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth momentum and CAGR

Accelerate at a CAGR of 2.98%

Market Growth 2021-2025

$4.29 billion

Market structure

Fragmented

Annual growth (%)

2h30

Regional analysis

North America, Europe, APAC, South America, MEA, North America, Europe, APAC, South America and MEA

Successful market contribution

APAC at 36%

Main consumer countries

United States, China, Germany, United Kingdom, Japan and Canada

Competitive landscape

Leading Companies, Competitive Strategies, Consumer Engagement Reach

Profiled Key Companies

adidas AG, Columbia Sportswear Co., DICKS Sporting Goods Inc., G-III Apparel Group Ltd., Hanesbrands Inc., Kynetic, Nike Inc., PRADA Group, PUMA SE and Under Armor Inc.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, COVID 19 Impact and Recovery Analysis and Future Consumer Dynamics, Market Status Analysis for the forecast period

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Contents

1. Summary

2 Market landscape

3 Market sizing

4 Five forces analysis

5 Market Segmentation by Product

6 Market Segmentation by End User

7 Market Segmentation by Distribution Channel

8 Customer Landscape

9 Geographic landscape

10 drivers, challenges and trends

11 Supplier Landscape

12 Vendor Analysis

13 Appendix

About Us

Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.

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Technavio (PRNewsfoto/Technavio)

Technavio (PRNewsfoto/Technavio)

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