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Press Release

Online Sports Retailing Market by Top Players Like Academy Sports + Outdoors, Amazon.com, Alibaba.com, DICK's Sporting Goods, and Walmart and Forecast 2023

The global online sports retailing market to grow at a CAGR of 3.57% during the period 2018-2023. the following companies as the key players in the global online sports retailing market: Academy Sports + Outdoors, Amazon.com, Alibaba.com, DICK's Sporting Goods, and Walmart.

This press release was orginally distributed by SBWire

New York, NY -- (SBWIRE) -- 12/13/2018 -- Online Sports Retailing Market consists of different objects and gears used in any sporting activities. These includes sports apparel, sports protective equipment, sports equipment, and sports footwear. The market's revenue generates from the sales of various sports apparel, sports footwear, sports protective equipment, and sports equipment for ball sports, adventure sports, golf, fitness, and others. With the increasing demand for eco-friendly sports equipment and the strong presence of social media, the market will likely post a favorable growth rate during the forecast period.

"The global online sports retailing market to grow at a CAGR of +3% during the period 2018-2023."

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According to the report, one of the major drivers for this market is rise in online spending and smartphone penetration. In the US, an increase in the internet penetration has been a key driver for the growth of the online sports retailing market. As of June 2015, 280.7 million people in the US were internet users, and this number is the third-largest globally, after China and India. As of January 2016, North America recorded the highest in terms of internet penetration with a share of 87.5%. It was followed by Western Europe with 82.5% share and Eastern Europe with 63.5% share.

Key vendors
- Academy Sports + Outdoors
- Amazon.com
- Alibaba.com
- DICK's Sporting Goods
- Walmart

Other prominent vendors
- adidas
- ASICS
- Columbia Sportwear
- MIZUNO
- Nike
- PUMA
- Under Armour

Covered in this report:
the report covers the present scenario and the growth prospects of the global online sports retailing market for 2017-2021. To calculate the market size, the report considers the sales/volume/value and excludes new installations/shipments and retrofit/replacement/spares/aftermarket/services market.

Global Online Sports Retailing Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Market driver
- Rise in online spending and smartphone penetration
- For a full, detailed list, view our report

Market challenge
- High price
- For a full, detailed list, view our report

Market trend
- Mobile commerce and network marketing
- For a full, detailed list, view our report

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Commenting on the report, an analyst from Researcher's team said: "The latest trend gaining momentum in the market is mobile commerce and network marketing. The increasing emphasis on mobile commerce is mainly driven by two things: millions of consumers are purchasing new phones and from the retailers end they are creating more opportunities for the buyers to shop. Few of the major retailers such as Amazon, Flipkart, and Alibaba have their own mobile applications."

The report also presents a round-up of vulnerabilities which companies operating in the market must avoid in order to enjoy sustainable growth through the course of the forecast period. Besides this, profiles of some of the leading players operating in the global Online Sports Retailing Market are included in the report. Using SWOT analysis, their weaknesses and strengths are analyzed. It also helps the report provide insights into the opportunities and threats that these companies may face during the forecast period. For the purpose of the study, the global Online Sports Retailing market is segmented based on various parameters. An in-depth regional classification of the market is also included herein. The factors which are impacting the market's growth are studied in detail.

Further, the report states that one of the major factors hindering the growth of this market is high price. The high price of sports equipment is one of the major challenges that is hindering the growth of the global online sports retailing market. The cost of sports equipment offered by global vendors is very high, which might restrict sales in the coming years. Most end-users in developing regions are reluctant to use branded sports equipment because of their high cost, which in turn affects the overall revenue of the global market.

Academy Sports + Outdoors, Amazon.com, Alibaba.com, DICK's Sporting Goods, Walmart, Adidas, ASICS, Columbia Sportwear, MIZUNO, Nike, PUMA, and Under Armour.

Vendors, stakeholders, consumers, dealers etc. In the worldwide Online Sports Retailing market are an increasing number of introducing an answer that permits this Market to paintings with records accrued from a number of various assets. The self-belief, reliability of information-pushed selections undertaken by means of solutions in actual-time, self-provider analytics solutions to be able to advantage extra prominence inside the global Market within the next coming years has been stated on this study.

Table of Contents (TOC)

Global Online Sports Retailing Market Research Report Forecast 2023

Chapter 1:- Online Sports Retailing Market Overview

Chapter 2:- Economic Impact on Industry

Chapter 3:- Production, Business Opportunities with Potential Analysis

Chapter 4:- Rising Trends and New Technologies with key players

Chapter 5:- Manufacturing Cost Analysis

Chapter 6:- Technology Progress, Development Process and Downstream Buyers

Chapter 7:- Marketing Strategy Analysis, Distributors/Traders

Chapter 8:- Market Share by Key Countries in These Regions

Chapter 9:- Show the Market by Type and Application, With Sales Market Share and Growth Rate

Chapter 10:- Appendix and Data Source

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