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China Sports Market and Forecast

http://www.renub.com

Sports market in China is expected to cross the figure of USD 100 Billion by the end of year 2020. China sports industry is forecasted to grow with double digit CAGR to attain this growth. Sports Apparel segment used to dominate the China Sports market in the year 2010, however by the end of 2015 this scenario has completely changed and Sports Equipment segment has replaced Sports Apparel from the first place. Companies market share is very fragmented and it holds single digit market share. Whereas Companies Others segment market share is much larger. Mainly because there are too many companies in Chinese Sports Market and its nearly impossible for one company to have presence in all segments. Growing understanding of a healthier lifestyle, increasing urbanization and positive government support are the driving forces of Chinese Sports Market.

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Created by renubresearch 2 years 44 weeks ago – Made popular 2 years 43 weeks ago
Category: Sports   Tags:

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