$58.8bn
$X.Xbn
221k
10,422
$X.Xbn
Revenue for the Sporting Goods Wholesaling industry in China is expected to increase at an annualized 3.0% over the five years through 2024 to reach an estimated $58.8 billion. This trend includes an expected increase of 4.3% in 2024. The main factors driving revenue growth have been rising domestic demand, large sporting events hosted by China, increasing health consciousness and China's active involvement in international trade in the World Trade Organization (WTO) framework. Profitability for the average sporting goods wholesaler has grown slightly over the five years through 2024 to account for an estimated 4.6%.
Industry revenue has grown at a CAGR of 3.0 % over the past five years, to reach an estimated $58.8bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 |
---|---|---|
ANTA (China) Co., Ltd. | 8,854.7 | |
Li Ning Company Limited | 4,063.0 | |
Adidas (China) Company Limited | 3,118.1 |
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Sporting Goods Wholesaling in China
Industry revenue is measured across several distinct product and services lines, including Sporting clothes, Sporting shoes and Sporting balls. Sporting clothes is the largest segment of the Sporting Goods Wholesaling in China.
Sporting clothes account for the largest segment
This industry wholesales merchandise used for sports and exercise like equipment and clothing. Sporting goods wholesalers are a key link between manufacturers and retailers.
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Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Growing consumer demand for sporting equipment is boosting sporting goods wholesalers’ revenue. Health self-management is also driving demand for sports products.
Learn about an industry's products and services, markets and trends in international trade.
Sporting clothes is the largest product segment for sporting goods wholesalers. Swimwear accounts for the largest proportion of wholesaling exports.
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Shanghai and Jiangsu account for the most disposable income. These regions have become two of the most developed areas in the industry.
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Brand and marketing competition usually occurs among enterprises that wholesale their own branded goods. Brand image is important to a business.
Learn about the performance of the top companies in the industry.
Digitalization, intelligentization and new retail are becoming a common transformation mode of sporting goods wholesaling enterprises. Many operators are now employing these ...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
More people are taking part in sports. People have been paying more attention to their health, and demand for sports is soaring.
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Purchases account for the largest share of revenue for sporting goods wholesalers. Enterprises buy goods to sell to downstream users.
Including values and annual change:
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Key data sources in China include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
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The market size of the Sporting Goods Wholesaling industry in China is $58.8bn in 2024.
There are 10,422 businesses in the Sporting Goods Wholesaling industry in China, which has grown at a CAGR of 1.8 % between 2019 and 2024.
The market size of the Sporting Goods Wholesaling industry in China has been growing at a CAGR of 3.0 % between 2019 and 2024.
Over the next five years, the Sporting Goods Wholesaling industry in China is expected to grow.
The biggest companies operating in the Sporting Goods Wholesaling market in China are ANTA (China) Co., Ltd., Li Ning Company Limited and Adidas (China) Company Limited
Sporting clothes and Exercise equipment are part of the Sporting Goods Wholesaling industry.
The company holding the most market share in China is ANTA (China) Co., Ltd..
The level of competition is low and steady in the Sporting Goods Wholesaling industry in China.