State of the Industry Report 2007
Comprehensive Analysis of the Sports & Fitness Industry
The sporting goods industry as a whole grew by 5.8% in 2006, which surpasses the gross domestic product estimated at about 3.6%. "Annual expansion that exceeds the growth rate of the economy is not always possible in a mature market such as ours," says Sporting Goods Manufacturers Association (SGMA) President and CEO Tom Cove. He also credited the vendors for much of the industry's success because of their hard work and creativity. The reasons behind their successes are a major theme in this report. Simply put by Cove, "Innovative product development' advances in technology and design'has proven to be the surest path to success."
This annual State of the Industry report gives a review of a strong 2006 year and gives an outlook for what's to be expected in 2007. It is anticipated that favorable trends will last another year due to a healthy economy and complimentary fashion trends. In this edition, segment reports reveal how:
- Performance fashions produce growth for Sporting Apparel
- High priced shoes fuel growth
- Home and institutional equipment sales rise
In addition, the affect of participation levels on team sports is uncovered. Plus, individual sport editorials reveal:
- Participation rates
- Business and demographic trends
- Past and Predicted Sales
- And much more
This report contains vital information on the condition of our industry. To learn more, download the 2007 State of
Please Note: You are about to purchase a SGMA research report in PDF format. Once the report has been emailed to you it is not eligible for refund, return or credit. Please be sure the report you're ordering is the report you want.
Customers who purchased this report also purchased the following reports: