Industry Analysis & Industry Trends
In the five years to 2016, revenue for the Sporting Goods Wholesaling industry in China is estimated to increase an annualized 5.4% to $40.5 billion. Over the five-year period, the main factors driving industry performance have been higher consumption in China, large sporting events hosted by China, people's increasing pursuit for healthier lifestyles and the country's active involvement in international trade within the World Trade Organization (WTO) framework.
Many large sporting goods manufacturers have established sales companies that incorporate the wholesale function; these operators tend to achieve higher profitability than independent wholesalers in this industry.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
In the 10 years to 2021, industry value added is expected to increase at annualized growth rate of 4.8%, lower than GDP growth in the same period (about 6.5%).
The 2008 Olympic Games and the 2010 Guangzhou Asian Games created great growth opportunities for the industry, as the large sporting events have raised people's enthusiasm for sporting activities.
Chinese people increasingly look to maintain a healthy lifestyle, and more people have developed sporting interests over the years. In view of these changes occurring to China's large population, the industry's development is expected to continue steadily in future years, especially as pricing levels fall in line with growing competition. Both concentration and globalization levels are very low in the industry... purchase to read more