Sports & Leisure Equipment Market - Size, Share, Industry Trends, and Forecasts (2025-2032)

By Product Type:

Based on product type, the market is segmented into sports apparel, athletic footwear, gym equipment, outdoor recreation gear, team sports equipment, and others.

Trends in the product type:

• As consumers seek to lead healthier and more active lifestyles, there is a growing need for high-quality sports equipment that offers performance, durability, and innovation.
• Innovations such as interactive screens, virtual trainers, and connectivity features have transformed home gyms into personalized fitness hubs, enabling users to access tailored workouts, track their progress, and even compete with friends remotely. This fusion of fitness and technology not only enhances the user experience but also provides valuable data insights for manufacturers to refine their products and services further.
• Thus, the above factors are driving the sports & leisure equipment market demand.

The gym equipment segment accounted for the largest revenue in the year 2024.

• The proliferation of gyms and health clubs globally is driving the adoption of connected gym equipment. As the fitness sector continues to expand, spurred by a growing focus on wellness and preventive healthcare, the need for state-of-the-art sports & leisure equipment equipped with connectivity features is expected to grow.
• Advancements in technology have transformed the fitness landscape, enabling the integration of digital solutions and smart equipment into traditional gym environments. Connected gym equipment offers users enhanced functionality, interactive features, and personalized training experiences, thereby, enriching the overall fitness journey.
• For instance, in September 2024, iFIT has unveiled its latest generation of intelligent fitness products, featuring upgraded hardware, a new operating system, and a groundbreaking beta feature called the interactive AI Coach. The collection also includes fresh, immersive outdoor workout content. Key highlights of this advanced lineup include faster screens and processors, the X24 treadmill, the innovative X24 bike with incline and decline capabilities, and enhancements to the popular NordicTrack commercial 2450 treadmill.
• Thus, based on the above analysis, these factors are further driving the sports & leisure equipment market growth.

The sports apparel segment is anticipated to register the fastest CAGR during the forecast period.

• The rising consumer preference towards comfort, functionality, and style in their everyday attire is increasing the adoption of sports apparel across the globe. This development has spurred intense competition among key market players, leading to constant innovation, strategic partnerships, and dynamic marketing campaigns aimed at capturing their market position.
• With advancements in technology such as 3D printing, digital textile printing, and customization software, brands offer personalized sports apparel that caters to the specific needs, styles, and preferences of each customer.
• By empowering consumers to co-create their own designs and customize their apparel, brands can foster deeper connections with their audience and establish themselves as trusted partners in their customers' athletic journey.
• For instance, in March 2025, Nike announced the partnership with TOGETHXR, to launch women sports apparel collection, which features hoodies, T-shirts, and caps. The collection will be available on the nike.com, togethxr.com and Nike stores across the U.S.
• Thus, based on the above analysis, these factors are expected to drive the sports & leisure equipment market share during the forecast period.

By Price Range:

Based on price range, the market is segmented into economy, mid-range, and premium.

Trends in the price range:

• With growing e-commerce platforms, consumers can browse a wide selection of sports fitness equipment, compare prices and features, read reviews, and make purchases. These factors would further drive the segment.
• Retail channels often provide access to exclusive deals, discounts, and promotions, further enhancing their appeal to price-conscious consumers.

The economy accounted for the largest revenue in the year 2024.

• The economy price range caters to budget-conscious consumers. Products in this segment typically focus on functionality and durability over advanced features or premium materials.
• Consumers engaging in casual fitness activities often prefer to start with less expensive equipment before committing to higher-end gear. This fuels the need for economy-priced items.
• Thus, based on the above analysis, these factors would further supplement the sports & leisure equipment market

The mid-range segment is anticipated to register the fastest CAGR during the forecast period.

• Consumer in this segment are seeking equipment that offers improved performance, comfort, and longevity.
• Mid-range equipment provides a significant upgrade from entry-level options without the premium price tag of professional-grade gear.
• Established brands such as Nike and Adidas have a strong presence in mid-range segment, while attracting consumers who trust brands for quality and reliability.
• Consumers in this segment consider the long-term cost of ownership. Mid-range equipment is generally built to last longer than economy options, reducing the need for frequent replacements.
• These factors are anticipated to further drive the sports & leisure equipment market trends during the forecast period.

By Distribution Channel:

Based on the distribution channel, the market is segmented into online and offline.

Trends in the distribution channel:

• Supermarkets and hypermarkets represent significant distribution channels for sports & leisure equipment, offering convenient access to a wide range of athletic wear alongside everyday essentials. With their extensive foot traffic and broad demographic appeal, supermarkets and hypermarkets appeal to a diverse consumer base, including both athletes and enthusiasts.
• Other distribution channels such as department stores, discount outlets, and boutique fitness studios further contribute to the accessibility and availability of sports apparel, offering consumers a variety of options to suit their shopping preferences and needs.

The offline segment accounted for the largest revenue share in the year 2024.

• Offline specialty stores serve as dedicated destinations for enthusiasts seeking expert advice and a curated selection of high-performance gear tailored to their chosen sport.
• These stores offer a personalized shopping experience, often staffed by knowledgeable professionals who can provide guidance on product selection and sizing, fostering a sense of trust and loyalty among customers.
• Moreover, offline retail stores, including specialty fitness equipment stores and department stores, provide consumers with the opportunity to physically examine and test various equipment options before making a purchase.
• For instance, in March 2025, Farsers Group announced that it will open 350 direct sports stores in Southeast Asia and India with the partnership of MAP Active. The extended partnership will enable company to grow its brand further in Indonesia, India, and Philippines.
• Thus, based on the above analysis, these factors are driving the sports & leisure equipment market growth.

The online segment is anticipated to register the fastest CAGR during the forecast period.

• The rise of online retail stores has transformed the sports apparel shopping experience, offering unparalleled convenience, extensive product assortments, and seamless purchasing processes.
• E-commerce platforms enable consumers to browse and purchase sports apparel from the comfort of their own homes, with the added convenience of doorstep delivery and hassle-free returns.
• Online channel has become increasingly popular among consumers, driving significant growth in online sales of sports equipment and apparel and reshaping the retail landscape.
• For instance, in November 2023, Tonal announced the retail expansion of its smart home gym equipment on Best Buy.com online channel. With this partnership, Tonal can reach new customers and provides Best Buy’s customers direct access to AI-driven equipment, while making their smart strength training accessible to all consumer groups.

• These factors are anticipated to further drive the sports & leisure equipment market trends and growth during the forecast period.

By Consumer Group:

Based on consumer group, the sports & leisure equipment market is segmented into men, women, and kids.

Trends in the consumer group:

• The growing urbanization and spread of western lifestyles in developing regions are fueling the need for sports and leisure equipment.
• The influence of social media and celebrity endorsements encourage consumers to buy sports & leisure equipment.

The men segment accounted for the largest revenue share of 43.51% in the year 2024 and it is expected to register the highest CAGR during the forecast period.

• The growing emphasis on health and well-being is leading to greater participation in sports and fitness activities among men.
• There is a growing demand for lightweight, breathable, and high-performance sports apparel and equipment that enhances comfort and improves athletic performance among men.
• Consumers are increasingly preferring eco-friendly products made from recycled materials, organic fabrics, and biodegradable components, such as yoga mats made from natural rubber or recycled materials and running shoes from sustainable textiles.
• Therefore, these factors are driving the need for sports equipment among men in the global market.

By End Users:

Based on end users, the sports & leisure equipment market is segmented into schools and universities, health and fitness clubs, and amateur/recreational players, sports clubs and academies, and others.

Trends in the end users:

• To reach more customers and dominate the market, companies are boosting their brand through a variety of channels, including TV ads, print publications, online platforms, social media, sports team sponsorships, and collaborations with athletes and fitness influencers.
• The increased government initiatives in various countries to improve sports participation have played a key role in driving the segment.

The health and fitness clubs segment accounted for the largest revenue share in the year 2024 and it is expected to register the highest CAGR during the forecast period.

• As individuals become more health-conscious and seek ways to stay active, the demand for fitness and recreational sports centers has surged. These centers offer a variety of services, including gym memberships, personal training, group fitness classes, and sports facilities and equipment, catering to a diverse range of preferences and fitness goals.
• The rise of digital technology has revolutionized the fitness industry, with many centers incorporating innovative solutions such as virtual training sessions, wearable fitness trackers, and mobile apps to enhance the customer experience.
• These technological advancements have not only made it easier for people to track their progress and stay motivated but have also expanded the reach of fitness centers beyond their physical locations.
• For instance, in February 2025, FitClub launched a fitness centre in Gurugram, India, which caters to consumers seeking better fitness and wellness experience. The center features a cardio training area, strength training area, along with therapy and meditation room, while ensuring 360-degree approach to health and well-being.
• Thus, based on the above factors, these developments in the health and fitness clubs segment are driving the global market.