SPORTS GOODS MARKET

Sports Goods Market

Market for sports goods in UK

Introduction

The sporting goods industry is an industry that entails many different products and many different firms. The industry covers products such as basketballs, soccer balls, baseballs, footballs, and any other sporting ball that you can think of. The market for the industry also covers plenty of other sporting goods such as golf clubs, tennis rackets, and badminton equipment, gloves for all sporting instances, water skis, snow skis, pool tables, scuba gear, and equipment for table tennis. This industry covers any and all types of equipment that one would find necessary for the sport that they desire to play. The sporting goods industry is the where you will find all of the sporting equipment necessary to play any sport that you would like.

There are several big players in the sporting goods industry. One of the major players in the industry is Edwards Sports. Edwards Sports is involved in manufacturing goods for all types of sports from basketballs, baseballs, footballs, soccer balls, golf clubs, and almost any other sporting good that you want. Another major player in the industry is Harrod UK; it is the manufacturer of branded health and fitness products sold under such names as Bowflex, Nautilus, and PEARL iZUMi, Schwinn Fitness, StairMaster, Trimline and Universal (Kahn, 2000, Pp: 75-94).

Hoovers defines the industry as the companies that design, manufacture, and/or market sporting, including apparel and equipment for fishing, hunting, hiking, golf, tennis, baseball, basketball, football, biking, rollerblading, snowboarding, skateboarding, surfing, skiing, and hockey, along with playground and play scape equipment.

Discussion

The sporting goods industry has been around since the first person to make and sell an object that is necessary to play a sport and with the way sports have developed over the years and have become very successful you can only expect to see the industry last for a very long time (Malenfant, 2002, p. 233-46). There have been several firms within this industry that have achieved great success in selling sporting and athletic goods. Some of these firms are Nike, Adidas, Nautilus, Callaway, Johnson Outdoors, and Pool.

These companies have found their own niche in an industry that allows for many companies to be successful in manufacturing their own sporting goods. The sporting goods industry has been around for a long time due to the growing interest in sports and playing them. Also the growing interest of soccer in UK can lead to more success in the sporting and goods industry. This industry has been around for a long time and it looks like it will be around for many years to come as people are always looking for all types of sporting goods ranging from golf equipment to basketballs (Shmanske, 2002, Pp: 66-80).

Supply Structure

In the sporting goods industry there are several factors that influence the supply of the goods. One supply factor that could possibly affect the sporting goods industry is the price of the commodity. The higher the price of the commodity the ...