The global online sports retailer market is anticipated to grow at a significant CAGR of 9.8% during the forecast period (2023-2030). One of the main factors driving the market growth are increasing digital transformation and the shift in consumer shopping behavior toward increased online shopping as a result of the COVID-19 pandemic. Puma’s e-commerce business, sales increased by 2.2% in 2022.Puma SE retail sales was $2137.16 million. Adidas AG’s e-commerce grew by 10% in 2022 to $5056.5 million than $4592.1 million in 2021, and combined retail and e-commerce sales, was 39% in 2022.
Browse the full report description of “Online Sports Retailer Market Size, Share & Trends Analysis Report by Type (Sports Equipment, Sports Apparel, Sports Footwear, and Other) and by Application (Men, Women, and Children) Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/online-sports-retailer-market
In addition, there is growing demand for personalized content, frictionless checkout, seamless order tracking, and access to sports equipment and apparel. The key players are launching programs and applications to spread awareness and promote marketing, which is encouraging sales in the market. For instance, in 2022, Adidas AG launched a membership program adiClub, with an updated visual identity.adiClub membership program reached 303 million members across the 50 countries. Members collect points from interactions across all the touchpoints such as .com, apps, retail stores, enabling them to climb levels and unlock rewards, including personalized experiences.
Additionaly, in 2022, Adidas AG launched a new redemption feature in seven countries including Argentina, Brazil, Canada, Colombia, Mexico, the UK and the US and introduced six ways for members to spend the collected points such as Money-can’t-buy products, raffles, vouchers, partner offers, Golden Tickets, and donations. Also, in 2022, Puma launched the PUMA shopping app, which is intended to provide the most loyal customers with access to the latest PUMA products, exclusive services and brand content in India, the US, UK, and Japan.
Market Coverage
• The market number available for – 2022-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o By Type
o By Application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape-Includes Nike, Inc., Walmart Inc., PUMA SE, Decathlon USA LLC, DICK'S Sporting Goods, Inc., and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Online Sports Retailer Market Report Segment
By Type
By Application
Global Online Sports Retailer Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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