Case study 3

Market overview

From 2021 to 2022, the Sports Equipment market showed remarkable growth, fueled by a surge in health and fitness awareness and a growing interest in various sports and outdoor activities. Overall, the Sports Equipment market’s revenue reached an impressive US$149.50 billion in 2022, representing a significant 9.5% surge from the previous year’s revenue of US$137.20 billion. Revenue in the Sports Equipment market amounts to US$160.90bn in 2023. The market is expected to grow annually by 6.02% (CAGR 2023-2028).

Trends:

The increasing focus on health and wellness is inspiring individuals to engage in various sports and fitness activities, resulting in a higher demand for state-of-the-art exercise machines, sports gear, and training equipment. This trend is complemented by the growing popularity of home gyms and fitness centers, encouraging consumers to invest in quality sports equipment for their personal use.

Innovations in indoor sports equipment are gaining momentum, as individuals seek opportunities for recreational sports and fitness activities within indoor settings. This includes products like indoor exercise bikes, table tennis tables, and portable basketball hoops.

Results

Brand internal identifier: U3202320

Amazon Marketplaces: Canada

Category: Baby care

Unique ASINS: 13

Profit margin: 85%

Monthly net profit: $2200

Profit multiple: 3

Sale price: $71,280

Partner(s) country: United Kingdom

Partner(s) total earning from sale: $11,784

Total partner(s) earning:$16,034

Duration of project: 7 months