[Ranking] TOP 25 Sporting Goods / Consumer Goods Companies Q3/2023
Intro
The sporting goods industry plays a crucial role in the worldwide economy, providing a range of products that cater to the needs of sports enthusiasts and athletes alike. From equipment and apparel to accessories and footwear, this industry serves a diverse consumer base and drives economic growth.
With its profound influence, the sporting goods industry has far-reaching effects across various sectors. It fuels innovation in materials and technologies, stimulates tourism through sports events, and contributes to the overall health and well-being of individuals, thus impacting healthcare and fitness industries.
The economic magnitude of the sporting goods industry is remarkable, with a steady upward trajectory. According to market research, the global sporting goods market is projected to reach a value of $XXX billion by XXXX, driven by increasing participation in sports and fitness activities, as well as rising consumer disposable income.
In recent years, the sporting goods industry has witnessed several trends, breakthroughs, and obstacles. Technological advancements have led to the development of high-performance products, while sustainability has emerged as a key focus, with companies striving to reduce their environmental impact. Additionally, the COVID-19 pandemic has posed challenges, with disrupted supply chains and changes in consumer behavior.
The landscape of the sporting goods industry is constantly evolving, driven by changing consumer preferences, emerging markets, and advancements in manufacturing processes. To navigate this dynamic environment, companies in this industry must stay agile and innovative, adapting to the evolving needs and demands of their target customers.
Ranking
#25 Everlast Worldwide Inc.
Employees: 1.5K
Revenue: 200M$
Website: https://www.everlast.com
Description: Everlast Worldwide Inc. is a prominent player in the Sporting Goods industry. Headquartered in New York, United States, the company has been in operation since 1910. With approximately 1.5 thousand employees, Everlast is dedicated to providing high-quality sporting goods to athletes and enthusiasts. The company offers a wide range of products, including boxing gloves, training equipment, apparel, and footwear. Everlast has established itself as a trusted brand in the industry, known for its durability and performance. With annual revenue of approximately 200 million dollars, the company continues to innovate and expand its product offerings to cater to the evolving needs of the sports market.
#24 Escalade, Incorporated
Employees: 1.2K
Revenue: 350M$
Website: https://www.escaladeinc.com
Description: Escalade, Incorporated is a leading sporting goods company headquartered in Indianapolis, United States. Established in 1922, the company operates in the Consumer Goods industry, specifically focusing on the production and distribution of sporting goods. With approximately 1,200 employees, Escalade, Incorporated generates an annual revenue of around 350 million dollars. The company offers a wide range of high-quality sporting goods products, including basketball systems, archery equipment, game tables, and fitness accessories. Escalade, Incorporated has established itself as a trusted brand in the sporting goods industry, catering to both recreational and professional athletes. Through its innovative product designs and commitment to customer satisfaction, Escalade, Incorporated continues to thrive in the competitive market, providing sports enthusiasts with top-notch equipment and gear.
#23 Wilson Sporting Goods Co.
Employees: 2.5K
Revenue: 500M$
Website: https://www.wilson.com
Description: Wilson Sporting Goods Co. is a leading company in the Sporting Goods industry. Based in Chicago, United States, the company has been operating since its founding in 1913. With a workforce of approximately 2.5 thousand employees, Wilson Sporting Goods Co. specializes in the production and distribution of a wide range of sporting goods, including equipment for tennis, basketball, baseball, golf, and football. The company is renowned for its high-quality products, innovative technologies, and strong brand reputation. Wilson Sporting Goods Co. generates an estimated annual revenue of 500 million dollars, positioning itself as a key player in the consumer goods market.
#22 TaylorMade Golf Company, Inc.
Employees: 1.5K
Revenue: 500M$
Website: https://www.taylormadegolf.com/
Description: TaylorMade Golf Company, Inc., headquartered in Carlsbad, United States, is a prominent player in the Sporting Goods industry. Founded in 1979, the company has established itself as a leading manufacturer of golf clubs, accessories, and apparel. With a workforce of approximately 1.5K employees, TaylorMade Golf Company caters to golf enthusiasts worldwide, offering innovative and high-performance equipment. The company has achieved significant success, generating an estimated revenue of 500M$ annually. Committed to enhancing the game of golf, TaylorMade Golf Company continuously strives to develop cutting-edge technologies and designs to elevate players' performance and enjoyment on the course.
#21 Billabong International Limited
Employees: 2.5K
Revenue: 600M$
Website: https://www.billabong.com
Description: Billabong International Limited, headquartered in Gold Coast, Australia, is a leading company in the Sporting Goods industry. Founded in 1973, the company has grown to become a prominent player in the market. With approximately 2.5 thousand employees, Billabong operates in the consumer goods sector, specifically focusing on sporting goods. The company generates an estimated revenue of 600 million US dollars. Billabong is known for its high-quality products and innovative designs, catering to the needs of sports enthusiasts worldwide. With a strong online presence and a wide range of products, Billabong continues to thrive in the competitive sporting goods industry.
#20 Russell Brands, LLC
Employees: 5K
Revenue: 1B$
Website: https://www.russellbrands.com
Description: Russell Brands, LLC is a prominent player in the Sporting Goods industry. With its headquarters in Bowling Green, United States, the company has been in operation since 1902. Russell Brands specializes in manufacturing and distributing a wide range of sporting goods products. With a workforce of approximately 5,000 employees, the company generates an impressive annual revenue of 1 billion dollars. Russell Brands is known for its commitment to providing high-quality sporting goods, catering to the needs of athletes and sports enthusiasts worldwide. Through its website, customers can explore a diverse range of products including athletic apparel, footwear, and equipment for various sports disciplines.
#19 Yonex Co., Ltd.
Employees: 5K
Revenue: 1B$
Website: https://www.yonex.com/
Description: Yonex Co., Ltd. is a leading player in the Sporting Goods industry. With its headquarters in Tokyo, Japan, Yonex has been in operation since 1946. The company employs approximately 5,000 people worldwide and generates an annual revenue of around 1 billion dollars. Yonex specializes in the manufacturing and distribution of sporting goods, particularly in the fields of badminton, tennis, and golf. They offer a wide range of high-quality products including rackets, shoes, apparel, and accessories. Yonex is known for its innovative technologies and designs that enhance performance and provide a superior experience for athletes and sports enthusiasts. With a strong presence in the global market, Yonex continues to be a trusted brand among professional athletes and recreational players alike.
#18 Callaway Golf Company
Employees: 2.5K
Revenue: 1.2B$
Website: https://www.callawaygolf.com/
Description: Callaway Golf Company, headquartered in Carlsbad, California, is a leading player in the Sporting Goods industry. Founded in 1982, the company has established itself as a renowned manufacturer of golf equipment and accessories. With a workforce of approximately 2.5 thousand employees, Callaway Golf Company is committed to designing and producing innovative and high-quality products that enhance the performance of golfers worldwide. The company's revenue stands at around 1.2 billion dollars, reflecting its strong market presence and customer demand for its offerings. Callaway Golf Company continues to be a trusted name among golf enthusiasts, delivering cutting-edge technology and superior craftsmanship to elevate the game of golf.
#17 Acushnet Holdings Corp.
Employees: 5.6K
Revenue: 1.7B$
Website: https://www.acushnetholdingscorp.com
Description: Acushnet Holdings Corp. is a leading company in the Sporting Goods industry. Headquartered in Fairhaven, United States, the company has been operating since 1910. With a workforce of approximately 5,600 employees, Acushnet Holdings Corp. specializes in the design, development, manufacture, and distribution of golf products. Their portfolio includes well-known brands such as Titleist, FootJoy, and Scotty Cameron. The company's revenue stands at around 1.7 billion dollars, making it a significant player in the industry. Acushnet Holdings Corp. is dedicated to providing high-quality golf equipment and apparel to golfers worldwide, catering to both professionals and amateurs alike.
#16 Li Ning Company Limited
Employees: 12K
Revenue: 1.8B$
Website: https://www.lining.com/
Description: Li Ning Company Limited, headquartered in Beijing, China, is a prominent player in the Sporting Goods industry. Founded in 1990, the company has grown to employ approximately 12,000 individuals. With annual revenues reaching 1.8 billion US dollars, Li Ning is a major contributor to the consumer goods market. Li Ning specializes in the design, development, manufacturing, and marketing of athletic footwear, apparel, and accessories. The company's products cater to various sports, including running, basketball, football, and badminton. Li Ning has established a strong brand presence in both domestic and international markets, offering innovative and high-quality sporting goods to athletes and sports enthusiasts worldwide.
#15 Jarden Corporation
Employees: 10K
Revenue: 2B$
Website: https://www.jardencorp.com/
Description: Jarden Corporation, headquartered in Rye, United States, is a prominent player in the Sporting Goods industry. Established in 2001, the company has grown to employ approximately 10,000 individuals worldwide. With a revenue of around 2 billion dollars, Jarden Corporation operates various well-known brands in the consumer goods sector, including Coleman, Rawlings, Marmot, and Volkl. Their extensive range of sporting goods products caters to diverse outdoor activities such as camping, fishing, hiking, and winter sports. Jarden Corporation's commitment to quality and innovation has made them a trusted name among sports enthusiasts, offering reliable and performance-driven equipment and gear.
#14 Amer Sports Corporation
Employees: 9.5K
Revenue: 2.5B$
Website: https://www.amersports.com
Description: Amer Sports Corporation, headquartered in Helsinki, Finland, is a leading player in the Sporting Goods industry. With a history dating back to 1950, the company has established itself as a prominent name in the market. Amer Sports operates a diverse portfolio of brands, catering to various sports and activities. Their range includes products for winter and outdoor sports, such as skiing, snowboarding, and hiking, as well as equipment for racket sports, team sports, and fitness. With a workforce of approximately 9.5 thousand employees, the company generates an annual revenue of around 2.5 billion dollars. Amer Sports continues to innovate and provide high-quality sporting goods to athletes and enthusiasts worldwide.
#13 Columbia Sportswear Company
Employees: 5K
Revenue: 3B$
Website: https://www.columbia.com
Description: Columbia Sportswear Company, headquartered in Portland, United States, is a leading player in the Sporting Goods industry. Founded in 1938, the company has grown to become a renowned manufacturer and retailer of outdoor apparel, footwear, and accessories. With a workforce of approximately 5,000 employees, Columbia Sportswear operates globally, catering to the needs of outdoor enthusiasts and athletes. The company's revenue stands at around 3 billion US dollars, reflecting its strong market presence and customer demand for its high-quality and innovative products. Columbia Sportswear is committed to providing functional and durable gear for all types of outdoor activities, ensuring comfort and protection in extreme conditions. Through its website and extensive retail network, the company continues to expand its reach and deliver exceptional products to its loyal customer base.
#12 New Balance Athletics, Inc.
Employees: 8K
Revenue: 4B$
Website: https://www.newbalance.com
Description: New Balance Athletics, Inc. is a leading company in the Sporting Goods industry. Headquartered in Boston, United States, the company was founded in 1906. With a workforce of approximately 8,000 employees, New Balance focuses on designing, manufacturing, and distributing athletic footwear and apparel. The company has established itself as a prominent player in the market, known for its commitment to quality and innovation. New Balance offers a wide range of products for various sports and activities, catering to the needs of athletes and fitness enthusiasts worldwide. With annual revenue of around 4 billion dollars, New Balance continues to thrive in the competitive sporting goods industry, delivering performance-enhancing products to its customers.
#11 Lululemon Athletica Inc.
Employees: 20K
Revenue: 4B$
Website: https://shop.lululemon.com/
Description: Lululemon Athletica Inc. is a leading company in the Sporting Goods industry. Headquartered in Vancouver, Canada, the company was founded in 1998. With a workforce of approximately 20,000 employees, Lululemon operates globally, providing high-quality athletic apparel and accessories for men and women. The company's revenue stands at around 4 billion dollars, reflecting its strong presence and market share. Lululemon is renowned for its focus on quality, innovation, and sustainability in its products, catering to the needs of fitness enthusiasts and athletes. With a wide range of offerings including yoga pants, tops, jackets, and accessories, Lululemon continues to thrive in the competitive sporting goods market, attracting a loyal customer base and maintaining its position as a top player in the industry.
#10 Anta Sports Products Limited
Employees: 40K
Revenue: 4.2B$
Website: https://www.anta.com
Description: Anta Sports Products Limited, headquartered in Xiamen, China, is a prominent player in the Sporting Goods industry. Founded in 1994, the company has grown to employ approximately 40,000 individuals. With a revenue of around 4.2 billion US dollars, Anta is a major contributor to the consumer goods sector. Anta specializes in manufacturing and marketing a wide range of sporting goods, including footwear, apparel, and accessories. The company's commitment to innovation and quality has earned it a strong presence in both domestic and international markets. Anta's website provides customers with easy access to their extensive product portfolio and showcases their dedication to performance, style, and sustainability.
#9 ASICS Corporation
Employees: 9.5K
Revenue: 4.2B$
Website: https://www.asics.com
Description: ASICS Corporation, headquartered in Kobe, Japan, is a prominent player in the Sporting Goods industry. Established in 1949, ASICS has been a leader in producing high-quality athletic footwear and apparel. With over 9.5 thousand employees, the company is dedicated to providing innovative products that enhance athletic performance and promote a healthy lifestyle. ASICS offers a wide range of products for various sports and activities, including running, tennis, training, and more. The company's revenue stands at 4.2 billion dollars, reflecting its strong position in the market. ASICS continues to invest in research and development to deliver cutting-edge technologies and designs that meet the evolving needs of athletes worldwide.
#8 Cabela's Inc.
Employees: 19K
Revenue: 4.5B$
Website: https://www.cabelas.com
Description: Cabela's Inc. is a leading retailer in the Sporting Goods industry. Based in Sidney, United States, the company was founded in 1961. With approximately 19,000 employees, Cabela's offers a wide range of outdoor products, including hunting, fishing, camping, and recreational equipment. The company operates both online and through its brick-and-mortar stores, providing customers with a convenient shopping experience. Cabela's is known for its extensive selection of high-quality merchandise, catering to outdoor enthusiasts of all ages and skill levels. With annual revenue of 4.5 billion dollars, Cabela's has established itself as a trusted brand in the sporting goods market.
#7 Brunswick Corporation
Employees: 15K
Revenue: 4.8B$
Website: https://www.brunswick.com
Description: Brunswick Corporation is a leading player in the Sporting Goods industry, operating primarily in North America. Founded in 1845, the company has established its headquarters in the Metropolitan Area of the United States. With a workforce of approximately 15,000 employees, Brunswick Corporation showcases its commitment to providing quality products and services. The company generates an impressive revenue of 4.8 billion US dollars, demonstrating its strong presence and success in the industry. As a prominent player in the Sporting Goods sector, Brunswick Corporation offers a wide range of products and solutions to sports enthusiasts, including marine engines, boats, fitness equipment, and billiards. With its long-standing history and dedication to innovation, Brunswick Corporation continues to shape the Sporting Goods industry, catering to the diverse needs of consumers.
#6 Under Armour, Inc.
Employees: 16K
Revenue: 4.9B$
Website: https://www.underarmour.com
Description: Under Armour, Inc., headquartered in Baltimore, United States, is a prominent player in the Sporting Goods industry. Founded in 1996, the company has grown to employ approximately 16,000 individuals. With a revenue of 4.9 billion US dollars, Under Armour offers a wide range of performance apparel, footwear, and accessories for athletes and fitness enthusiasts. The company's products are designed to enhance athletic performance and provide comfort, durability, and style. Under Armour has established a strong presence in the market, catering to both professional athletes and the general consumer market. Through its innovative product offerings and strategic partnerships, Under Armour continues to drive growth and maintain its position as a leading brand in the Sporting Goods industry.
#5 Skechers U.S.A., Inc.
Employees: 45K
Revenue: 5.2B$
Website: https://www.skechers.com/
Description: Skechers U.S.A., Inc. is a prominent player in the Sporting Goods industry. Headquartered in Manhattan Beach, United States, the company has been in operation since 1992. With a workforce of approximately 45,000 employees, Skechers is dedicated to designing, developing, and marketing a wide range of athletic footwear and lifestyle products. The company's revenue stands at an impressive 5.2 billion dollars. Skechers offers a diverse portfolio of products, including performance shoes, casual footwear, and accessories for men, women, and children. Known for their innovative designs and comfort-focused approach, Skechers has gained a strong foothold in the consumer goods market, making them a trusted brand among athletes and casual shoe enthusiasts alike.
#4 Puma SE
Employees: 13K
Revenue: 5.5B$
Website: https://about.puma.com/
Description: Puma SE, headquartered in Herzogenaurach, Germany, is a prominent player in the sporting goods industry. Founded in 1948, Puma has established itself as a leading global brand offering athletic and casual footwear, apparel, and accessories. With approximately 13,000 employees, Puma operates extensively to design, develop, and distribute its products across various channels. The company's focus on innovation, performance, and style has enabled it to cater to the needs of athletes and sports enthusiasts worldwide. Puma's revenue of 5.5 billion dollars reflects its strong market presence and consumer demand for its high-quality offerings. As a key player in the sporting goods industry, Puma continues to thrive by staying at the forefront of sports fashion trends and investing in cutting-edge technologies.
#3 VF Corporation
Employees: 70K
Revenue: 13B$
Website: https://www.vfc.com
Description: VF Corporation, headquartered in Denver, United States, is a leading player in the Sporting Goods industry. Founded in 1899, the company has a rich history in the consumer goods sector. With approximately 70,000 employees worldwide, VF Corporation operates a diverse portfolio of brands that cater to the sporting goods market. The company's revenue stands at an impressive 13 billion dollars, highlighting its significant presence in the industry. VF Corporation's commitment to innovation and quality enables it to offer a wide range of sporting goods products that meet the needs of consumers across the globe.
#2 Adidas AG
Employees: 59.5K
Revenue: 26.5B$
Website: https://www.adidas-group.com
Description: Adidas AG, headquartered in Herzogenaurach, Germany, is a leading global sporting goods company operating in the Consumer Goods industry. Founded in 1949, Adidas has become synonymous with high-quality athletic footwear, apparel, and accessories. With approximately 59,500 employees worldwide, the company is committed to delivering innovative and sustainable products that enhance athletic performance. Adidas generates substantial revenue, with annual sales amounting to 26.5 billion US dollars. Through strategic partnerships and sponsorships, the company has established a strong presence in the sports industry, collaborating with renowned athletes and teams to promote its brand and products globally.
#1 Nike, Inc.
Employees: 75K
Revenue: 37B$
Website: https://www.nike.com/
Description: Nike, Inc. is a multinational corporation headquartered in Beaverton, United States. Since its founding in 1964, Nike has become a dominant player in the Sporting Goods industry. With approximately 75,000 employees worldwide, the company generates an impressive annual revenue of 37 billion dollars. Nike is renowned for its innovative athletic footwear, apparel, equipment, and accessories that cater to athletes and sports enthusiasts across the globe. The company operates through various segments, including Nike Brand, Converse, and Corporate. Nike Brand offers a wide range of products, including running shoes, basketball shoes, soccer cleats, and sportswear. With its strong brand presence and continuous focus on product innovation, Nike continues to lead the way in the Sporting Goods industry, providing athletes with top-quality performance gear.
Summary
The top companies in the Sporting Goods sub-industry have been ranked based on their financial performance and market presence. These companies have achieved significant accomplishments, such as consistent revenue growth and strong brand recognition.
An unexpected finding from the analysis is the increasing popularity of athleisure wear, which has contributed to the success of several companies in the sub-industry. This trend has expanded the customer base beyond traditional sports enthusiasts.
Among the premier companies in the Sporting Goods sub-industry are Nike, Adidas, Under Armour, Puma, and Columbia Sportswear. These companies have established themselves as leaders in the market and have a global presence.
One shared element among these top companies is their focus on innovation and product development. They constantly introduce new technologies, materials, and designs to meet the evolving needs of consumers. Additionally, these companies invest heavily in marketing and brand building to maintain their competitive edge.
What sets these eminent companies apart from their industry rivals is their ability to create strong emotional connections with consumers. They have successfully built aspirational brands that resonate with customers, leading to loyal and passionate fan bases. Furthermore, these companies have embraced sustainability and corporate social responsibility, which has helped them appeal to socially conscious consumers.