Global Sports Luggage Market 2017-2021 with Adidas, Nike, Under Armour, VFC & YONEX Dominating

The global sports luggage market to grow at a CAGR of 4.07% during the period 2017-2021.

The report covers the present scenario and the growth prospects of the global sports luggage market for 2017-2021. To calculate the market size, the report considers the revenue generated through the retail sales of different types of sports luggage required for sports like golf sports, ball sports, racket sports, hockey, and cricket. With increasing interest in sports, especially among children, the global sports luggage market will grow significantly during the forecast period.

One trend in the market is use of improved raw materials in sports equipment. There is an increased demand for lightweight sports equipment, including sports luggage. Lightweight sports luggage, with lightweight equipment in it, gives proper control to the user and provide them with a high level of flexibility, one of the preference factors by most consumers.

According to the report, one driver in the market is growing participation of children in sports. Increasing interest in sports among children aged 5-12 years is a major driver that is expected to propel the growth of the global sports equipment, including sports luggage, market during the forecast period.

Further, the report states that one challenge in the market is worldwide growth of counterfeit sports goods. The easy availability of a number of counterfeit products will likely hinder the growth of the market during the forecast period. The presence of a number of counterfeit products will also lead to market fragmentation, which eventually might result in a lack of price standardization, an uneven competitive scenario, and market share erosion. Counterfeit products are priced at a much lower rate than branded products to gain a competitive advantage over international brands, but they lack quality and durability. However, these products are preferred by low-income consumers as they are affordable.

Key Market trends

Key vendors

Other prominent vendors

Key Topics Covered:

For more information about this report visit https://www.researchandmarkets.com/research/dj2d5h/global_sports

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716