North American Sports Equipment Industry:

 

As can readily be seen in the graphics right, the North American/Global Sports Equipment Industry is not only alive and well but, unlike most other industries, it has continued to grow and prosper right through the Global COVID-19 Pandemic. 

From a U.S.-only perspective, the sporting goods market is a multi-billion dollar industry. Sporting goods store sales in the United States alone amount to more than 40 billion U.S. dollars annually. This includes many different product types such as athletic footwear, exercise equipment, licensed sports merchandise, and athletic apparel but does not include recreational transportation items such as bicycles, pleasure boats, RVs and snowmobiles.

 

The United States is the key market provider in the sports equipment - industry holding the lion share of the market with over thirty percent.

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As of 2020, the United States is still the largest single-country retail market in the world, although economical analysts predict China will take the lead by 2023. Asia and Australasia is already the leading region of the global retail market, with forecasted sales in 2022 amounting to some 12 trillion U.S. dollars, almost three times more than predicted sales in North America.