Sports Equipment eCommerce Revenue Development in Greater China

How Is Chinese Sports Equipment eCommerce Revenue Developing from 2017 to 2027?

The Chinese Sports Equipment eCommerce market has shown a consistent pattern of growth over the years, with revenues steadily increasing from 2017 to 2027. In 2017, the market revenue was reported at US$8.4 billion, which saw a significant rise to US$10.8 billion in 2018 and further to US$11.3 billion in 2019. The year 2020 marked a notable increase to US$11.6 billion, indicating a growing demand for sports equipment in the eCommerce sector. Subsequent years continued this upward trend, with revenues reaching US$12.4 billion in 2021 and a substantial US$14.8 billion in 2022. Despite a slight decrease to US$15.4 billion in 2023, forecasts predict a steady recovery and continued growth in the coming years. Projections indicate revenues of US$15.7 billion in 2024, US$16.0 billion in 2025, US$16.2 billion in 2026, and US$16.4 billion in 2027, showcasing a positive outlook for the Chinese Sports Equipment eCommerce market.

Main Facts: Steady Growth in Chinese Sports Equipment eCommerce Revenue, 2017-2027

• Steady Growth Trajectory: The eCommerce Revenue in the Chinese Sports Equipment market has shown consistent growth from US$8.4 billion in 2017 to US$15.4 billion in 2023, with a forecasted increase to US$16.4 billion by 2027.
• Incremental Revenue Increase: The market experienced a gradual rise in revenue, with a notable jump from US$11.6 billion in 2020 to US$12.4 billion in 2021, and a subsequent increase to US$14.8 billion in 2022.
• Continued Market Expansion: The Chinese Sports Equipment eCommerce sector is poised for further development, with projected revenue growth to US$16.0 billion in 2025 and US$16.2 billion in 2026, ultimately reaching US$16.4 billion by 2027.