Sport Equipment Archive
The athletic apparel market in Australia has shown us a persistent trajectory or growth over the last couple of years. Ranging from everything including athletic wear, sports nutrition to sporting goods and equipment. This is said to be from the stable jobs, increasing wages and growing interest when it comes to leading a healthier, active lifestyle. As well as social media and marketing influencing consumers to purchase more athletic apparel to reach their health and fitness goals.
In a quick summary both the retail and online front of this industry with online growing a massive 22.6% and retail not coming up too far behind at 14.6% increases. As far as value and revenue goes, the online section of this industry has grossed 71 million dollars so far and the retail section grossing a whopping 2 billion Australian dollars. The online sector has also provided a total of 6,792 jobs to Australians with this number only expected to grow as online shopping becomes more and more popular.
Both of these industries seem to have promising futures with online expected to rise another 14.6% and retail rising 8.8% and is only expected to rise another 5.0% with each year into the foreseeable future. This industry is only set to expand and grow with technology getting easier and faster for consumers to get what they want and trends coming and going. The reach of this industry has grown worldwide and is only expected to expand into more and more countries with consumers buying athletic wear, sports nutrition and sporting goods from all over the world.
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