HOW SPORTING GOODS BRANDS CAN TURN UNCERTAINTY INTO OPPORTUNITY

HOW SPORTING GOODS BRANDS CAN TURN UNCERTAINTY INTO OPPORTUNITY

McKinsey & Company and the World Federation of the Sporting Goods Industry (WFSGI) are pleased to announce the publication of ‘Sporting Goods 2025 – The new balancing act: Turning uncertainty into opportunity’.

 

The fifth edition of the annual industry report offers an in-depth examination of the key trends shaping the global competitive landscape in sporting goods. It features insights from two proprietary surveys, market research and analysis, and interviews with executives of Colnago, Decathlon, Lululemon, On, TRX, and Victory Group.

Report highlights

  • The report identifies physical inactivity as a major untapped market – sporting goods players have an opportunity to take targeted action to empower sedentary consumers to increase their physical activity levels.
  • Active lifestyle as identity: the fit are getting fitter, presenting an opportunity for sporting goods brands to develop products that meet the emotional and functional needs of active consumers and foster long-term loyalty.
  • A re-shuffling of the market share: challenger brands and new entrants expanding at a faster rate than main-players due to decline in barriers to market-entry.
  • Boom of blended live-sports and entertainment: opportunities lie in combining in-person and digital offerings and capitalizing on the intersection of sports and entertainment.

The full report and press release can be downloaded HERE

 

View the webinar on YouTube