$10.9bn
$XXX.Xm
33,014
1,308
$X.Xbn
Athletic and sporting goods manufacturers have benefited from rising disposable income and robust demand for athletic and sporting equipment following the 2020 pandemic. During the initial hit of the pandemic, manufacturers experienced a dip in sales as social distancing requirements harmed sports participation rates. Additionally, the amount of time consumers spend on technology has risen during the period, limiting the amount of time individuals participate in activities like golf, which uses sporting equipment. However, improving macroeconomic conditions and pent-up demand for sports following the initial stages of the pandemic enabled consumers to increase sports participation, boosting demand for manufacturers. Although recent inflationary pressure has led to revenue losses in 2022 and 2023, these fall short of reversing the 2021 gains. As a result, revenue has been growing at an estimated CAGR of 1.1% to $10.8 billion over recent years.
Industry revenue has grown at a CAGR of 1.1 % over the past five years, to reach an estimated $10.9bn in 2023.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2023 | Revenue ($m)
2023 | Profit ($m)
2023 | Profit Margin (%)
2023 |
---|---|---|---|---|
Nike, Inc. | 1,573.0 | 193.1 | 12.3 | |
Callaway Golf Co | 997.8 | 55.4 | 5.5 | |
Landscape Structures Inc. | 341.9 | 19.5 | 5.7 |
To view the market share and analysis for all 9 top companies in this industry, view purchase options.
Industry revenue is measured across several distinct product and services lines, including Golf equipment, Playground equipment and Fishing tackle and equipment. Golf equipment is the largest segment of the Athletic & Sporting Goods Manufacturing in the US.
Demand for golf equipment benefited from the pandemic
Establishments in this industry manufacture a range of sporting and athletic goods, including balls, bags, clubs, gloves, skates, protective equipment, boards, fishing gear and other supplies. These finished products are then marketed to wholesalers and retailers. Establishments that are engaged in the manufacturing of athletic apparel and footwear are excluded from this industry.
Purchase this report to view all 9 major companies in this industry.
NAICS 339920 - Athletic & Sporting Goods Manufacturing in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Strong consumer demand for sports fuels consistent industry growth. As consumer demand remains elevated, industry manufacturers will benefit from consistent sporting goods de...
Learn about an industry's products and services, markets and trends in international trade.
Strong demand for outdoor activities fuels growth in areas like golf and fishing. As consumers return to traditional routines following the pandemic, outdoor activities remai...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
High population presence boosts industry establishments' growth. By being located close to highly populated areas, manufacturers have larger access to a diverse consumer base...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
The industry's lack of concentration enables high internal competition. Since the industry has high product diversification, many companies compete for different consumer nic...
Learn about the performance of the top companies in the industry.
Two companies own more than a 5.0% share of the market. The industry's primary manufacturers, Callaway Golf and Nike, control a sizable portion of the market.
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Higher participation rates in sports will benefit industry demand. As more consumers continue to invest time and money in sports, manufacturers' demand will increase, benefit...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Tight profit margins are fueled by global economic volatility. For manufacturers, significant instability in the global markets enabled uneven industry profitability.
Including values and annual change:
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in the US include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Unlock comprehensive answers and precise data upon purchase. View purchase options.
The market size of the Athletic & Sporting Goods Manufacturing in the US industry in United States is $10.9bn in 2024.
There are 1,308 businesses in the Athletic & Sporting Goods Manufacturing in the US industry in United States, which has declined at a CAGR of 0.0 % between 2018 and 2023.
The market size of the Athletic & Sporting Goods Manufacturing in the US industry in United States has been growing at a CAGR of 1.1 % between 2018 and 2023.
Over the next five years, the Athletic & Sporting Goods Manufacturing in the US industry in United States is expected to grow.
The biggest companies operating in the Athletic & Sporting Goods Manufacturing market in United States are Nike, Inc., Callaway Golf Co and Landscape Structures Inc.
Manufacturing baseball, basketball, bowling, hockey and tennis equipment and Manufacturing fishing, tackle and camping equipment are part of the Athletic & Sporting Goods Manufacturing in the US industry.
The company holding the most market share in United States is Nike, Inc..
The level of competition is high and steady in the Athletic & Sporting Goods Manufacturing in the US industry in United States.