Sporting goods industry

Despite geopolitical tensions and trade conflicts, the sporting goods industry continued to grow strongly worldwide in 2019. More exercise and physical activity, as well as an increasingly healthy and sustainable lifestyle, continued to gain in importance for an ever-increasing proportion of the world's population. In addition, the popularity of athletic footwear and apparel as an integral part of everyday fashion ("athleisure") increased. In addition, higher household incomes due to a stable labor market led to an increase in consumer spending on sporting goods.