As basketball fans endulge in the offerings of March Madness, we look at sales of
sporting equipment. Interestingly, when it comes to basketball, there is not much equipment needed, just a hoop and a ball. Basketball apparel, well, that’s another matter. Sporting apparel is not, however, include in today’s market size although it is included in the source table for those interested. Today’s market size covers a vast array of sporting equipment types, from fishing rods to golf clubs, tennis rackets to scuba tanks, and skis to fencing foils, to name but a few. Oh, and exercise equipment, included as well.
Geographic reference: United States
Market size: $24.6 Billion
Source: “Table 1249 – Sporting Goods Sales by Product Category: 1990 to 2008, and Projection, 2009,” Statistical Abstract of the United States: 2011, page 770, available online here.
Original Source: National Sporting Goods Association