All Market Statistics articles
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Article
B2B e-commerce on the rise in Germany despite economic pressures
Germany’s B2B e-commerce continues to grow in 2024, driven by online platforms and enhanced services.
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Article
Synthetic leather market set for $25.3bn growth
Technavio’s latest report highlights a $25.3 billion growth in the synthetic leather market by 2028, driven by rising demand in developing economies and sustainable trends.
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Houlihan Lokey’s active lifestyle market report highlights the growth in Q2/24
The active lifestyle sector shows strong growth in 2024, with M&A activity rebounding and premium products gaining momentum despite economic challenges.
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News briefs
SIA releases 2023-2024 winter sports participation study
The latest study reveals trends in the winter sports industry, showing shifts in demographics, consumer behavior and growth areas.
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Sweden’s secondhand market projected to reach €4.3bn by 2034
Svensk Handel forecasts that Sweden’s secondhand market will grow 11% annually, reaching €4.3 billion by 2034 as sustainability drives demand.
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German retail study: customers prefer small and medium-sized towns for convenient shopping
HDE’s 2024 location monitor reveals that German shoppers favor small and medium towns for easy access to stores, short distances and proximity to home.
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Adventure travel surges in Asia Pacific post-pandemic recovery
The Adventure Travel Trade Association’s latest report highlights strong recovery trends in Asia Pacific’s adventure tourism, with significant growth in guest numbers and trending destinations.
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EOG expands OMIS data program across Europe
The European Outdoor Group’s program is expanding into France and DACH, offering real-time sales data to help retailers navigate the evolving outdoor market.
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Bikes are going the way of cars, says top bike mechanic
Electronics are changing the repair shop and other things.
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US Outdoor Industry Association releases 2024 Benchmarking Report
The report shows that the typical company had sales of $9.70 million and a pre-tax profit of 11.9%. The typical high-profit company’s revenue was approximately $6.77 million, profit 18.5%.
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Swedish sports retail sees 2.5% decline in Q2 sales, bicycle sales on the rise
While Swedish sports retail in general has declined for the tenth consecutive quarter in Q2 of 2024, bicycle sales appear to be recovering, growing by an impressive 10% compared to the previous quarter.
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News briefs
Cycling trends from around the world, according to Garmin
Garmin has released a report showing how cyclists around the world are logging kilometers and the positive impact this has on health. Data from the Garmin Connect community also shows that cycling is becoming increasingly popular. Here are some of the key findings from the past year: Cycling activity ...
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Article
US outdoor participation reaches record levels for ninth consecutive year
The US Outdoor Industry Association (OIA) and its philanthropic arm, the Outdoor Foundation, released the results of its 2024 Outdoor Participation Trends Report this week. The report provides outdoor industry members with exclusive participation and activity data that will inform business strategies for the coming year. The report shows that ...
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Article
A growing market for cycling apparel
Technavio, the consultancy and market-research firm, is forecasting a compound annual growth rate (CAGR) of 8.02 percent, to a value of $1.81 billion, in the worldwide market for cycling apparel over the next four years, from now to 2028. The firm is defining cycling apparel as “shoes, pants, jerseys, shorts, ...
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News briefs
EU bike trade down in FY23
The EU’s exports of electric and standard bicycles together declined by 10 percent in value year-on-year over the course of 2023, amounting to €1.03 billion. The decline in imports was more than twice as steep, at 21 percent, to a total of €1.98 billion. So reports the EU’s statistical office, ...
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Article
Women in alpine sports: How do they train and regenerate differently?
German outdoor retailer Bergzeit hosted a panel discussion with Gela Allmann, an endurance athlete, sports scientist and mental coach, at its store in Gmund in southern Germany at the beginning of May. Topics such as mental health, mental strength and training principles were discussed intensively. Three experienced Bergzeit sales consultants ...
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News briefs
The mountain bike market is projected to post 5.4% CAGR by 2027
According to a new report by tech research firm Technavio, the global mountain bike market is estimated to expand at a compound annual growth rate (CAGR) of over 5.4 percent from 2023 to 2027, with a growing emphasis on innovation and customer awareness. Electric mountain bikes (eMTBs) are gaining popularity. ...
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News briefs
Sports fishing equipment market to accelerate at 4% CAGR by 2028
The global sports fishing equipment market is projected to grow by $3.25 billion between 2024 and 2028, namely a 3.97 percent compound annual growth rate (CAGR) during the forecast period, according to a recent report by research and advisory firm Technavio. The growth year-over-year from 2022 to 2023 was 3.25 ...
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Article
Trail running shoe market to post 5.5% CAGR by 2032, says new report
The global trail running shoe market is estimated to reach $12.4 billion by 2032, growing at a compound annual growth rate (CAGR) of 5.5 percent from 2023 to 2032, according to a new report by Allied Market Research. According to the study, the increasing popularity of outdoor fitness activities and ...
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Article
The Russian outdoor goods industry is preparing to replace imports
Russian players in the outdoor goods market believe the mass exodus of Western brands from the country provided local industry ample growth opportunities. Although exports no longer seem to be in the cards and manufacturers complain about inconsistent state support policy, the potential to plug the gap in the internal ...