Licensed sporting goods market: Nike Inc., Kynetic and DICKS Sporting Goods Inc. emerge 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

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

• Detailed information on the 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

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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.

The story continues

DICKS Sporting Goods Inc.: The Company offers fashion, apparel, footwear, 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.

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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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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

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