This Sporting Goods, Hobby, Musical Instrument, and Book Stores market report provides a comprehensive analysis of the market’s characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies.
The sporting goods, hobby, musical instrument, and book stores market size has grown strongly in recent years. It will grow from $548.6 billion in 2024 to $588.04 billion in 2025 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to economic conditions, e-commerce and online sales, education and entertainment, hobby enthusiasts.
The sporting goods, hobby, musical instrument, and book stores market size is expected to see strong growth in the next few years. It will grow to $745.93 billion in 2029 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to health and wellness trends, diy and home improvement, aging population, event-based sales. Major trends in the forecast period include healthcare and therapy applications, innovative products, digital entertainment and learning, educational technology integration, sustainability and eco-friendliness.
The sporting goods, hobby, musical instrument, and book stores market is expected to benefit from steady economic growth projected for both developed and developing countries. According to the International Monetary Fund, global GDP growth is forecasted at 3.2% in 2024 and 3.3% in 2025. The recovery of commodity prices, following a period of decline, is anticipated to be a significant factor in driving economic growth. The US economy is expected to experience stable growth during the forecast period, while emerging markets are projected to grow slightly faster than developed markets. This broader economic growth is likely to drive public and private investments, joint ventures, and foreign direct investments in end-user markets, thereby supporting the market's growth in the forecast period.
The expansion of e-commerce is poised to drive the market for sporting goods, hobbies, musical instruments, and bookstores. E-commerce refers to the online buying and selling of products and services through devices like computers, tablets, smartphones, and other connected devices. Various items, including sporting goods, musical instruments, hobbies, and books, are available for purchase on online shopping platforms, providing consumers with convenient access to a wide range of products. For instance, a report by Forbes Media LLC in February 2023 predicts that the global e-commerce market is set to reach $6.3 trillion by 2023 and is expected to exceed $8.1 trillion by 2026. Therefore, the growth of e-commerce is a driving force behind the sporting goods, hobby, musical instrument, and bookstore market.
Numerous sporting goods manufacturers are investing in customization and personalization to meet the increasing demand for unique, tailor-made products. With a growing online user base, changing demographics, and higher per-capita income, the desire for distinct and personalized products has surged. Global sporting goods manufacturers such as Nike, Adidas, Puma, ASICS, Skechers, Fila, and others are intensifying their investments in this area. Race Sporting Goods, for example, has introduced customized sportswear to meet customer demands.
Major companies in the sporting goods, hobby, musical instrument, and bookstore market are focusing on opening concept stores to provide customers with an immersive experience and boost their market revenue. A concept store goes beyond simply selling products, offering an engaging shopping experience centered around a specific brand or theme. For example, in September 2023, New Balance, a US-based athletic footwear and apparel brand, launched its new retail concept at London’s Westfield Stratford City. The store is designed to appeal to both athletes and fashion enthusiasts, showcasing a wide range of products. Some items will also feature visual storytelling elements that highlight the artisans and origins behind the products, enhancing the overall shopping experience.
In April 2024, DICK’S Sporting Goods, a US-based sporting goods retailer, partnered with SidelineSwap to capitalize on the growing consumer interest in the resale market. As more people become environmentally conscious and seek cost-effective ways to purchase sporting goods, this collaboration aims to meet those needs. SidelineSwap is a US-based marketplace that specializes in buying and selling new and used sports equipment, providing an opportunity for DICK'S Sporting Goods to expand its offerings in the resale space.
Sporting goods, hobby, musical instrument, and book stores are retail establishments that specialize in selling a variety of products, including new toys, games, crafts, pottery items, books, bicycles, bicycle parts, camping equipment, exercise and fitness equipment, athletic uniforms, specialty sports footwear, and other sporting goods, equipment, and accessories.
The primary categories within this industry encompass sporting goods stores, hobby, toy, and game stores, music instrument and supply stores, as well as other specialty stores. Sporting goods stores primarily focus on selling sports-related merchandise, including athletic clothing, equipment, and other items related to sports and physical activities. These stores can be part of retail chains or operate as independent retailers.
The sporting goods, hobby, musical instrument, and book store market research report is one of a series of new reports that provides sporting goods, hobby, musical instrument, and book store market statistics, including sporting goods, hobby, musical instrument, and book store industry global market size, regional shares, competitors with a sporting goods, hobby, musical instrument, and book store market share, detailed sporting goods, hobby, musical instrument, and book store market segments, market trends and opportunities, and any further data you may need to thrive in the sporting goods, hobby, musical instrument, and book store industry. This sporting goods, hobby, musical instrument, and book store market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Major companies operating in the sporting goods, hobby, musical instrument, and book stores market include Decathlon SA, Dick's Sporting Goods Inc., Frasers Group PLC, BPS Direct LLC, Guitar Center Inc., Canadian Tire Corporation Limited, Recreational Equipment Inc., Sportsman's Warehouse, Hibbett Sports Inc., Thomann GmbH, Barnes & Noble Inc., Books-A-Million Inc., Half Price Books Inc., Sam Ash Music Corp., Music & Arts Center, Academy Sports + Outdoors, Cabela's Inc., Recreational Equipment Inc., Big 5 Sporting Goods Corp., Modell's Sporting Goods Inc., Dunham's Athleisure Corporation., Olympia Sports Inc., The Sportsman's Guide Inc., Tractor Supply Company, Rural King Supply Inc., At Home Group Inc., Michaels Stores Inc., Hobby Lobby Stores Inc., Jo-Ann Stores LLC, Blick Art Materials LLC, Sweetwater Sound Inc., Musician's Friend Inc., Powell's Books Inc., Strand Bookstore Inc., The Last Bookstore.
Western Europe was the largest region in the sporting goods, hobby, musical instrument, and book stores market in 2024. Asia-Pacific was the second-largest region in the sporting goods, hobby, musical instrument, and book stores market. The regions covered in the sporting goods, hobby, musical instrument, and book stores market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the sporting goods, hobby, musical instrument, and book stores market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
The sporting goods, hobby, musical instrument, and book stores market includes revenues earned by entities by providing services through specialty stores, supermarkets, and hypermarkets. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The sporting goods, hobby, musical instrument, and book stores market size has grown strongly in recent years. It will grow from $548.6 billion in 2024 to $588.04 billion in 2025 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to economic conditions, e-commerce and online sales, education and entertainment, hobby enthusiasts.
The sporting goods, hobby, musical instrument, and book stores market size is expected to see strong growth in the next few years. It will grow to $745.93 billion in 2029 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to health and wellness trends, diy and home improvement, aging population, event-based sales. Major trends in the forecast period include healthcare and therapy applications, innovative products, digital entertainment and learning, educational technology integration, sustainability and eco-friendliness.
The sporting goods, hobby, musical instrument, and book stores market is expected to benefit from steady economic growth projected for both developed and developing countries. According to the International Monetary Fund, global GDP growth is forecasted at 3.2% in 2024 and 3.3% in 2025. The recovery of commodity prices, following a period of decline, is anticipated to be a significant factor in driving economic growth. The US economy is expected to experience stable growth during the forecast period, while emerging markets are projected to grow slightly faster than developed markets. This broader economic growth is likely to drive public and private investments, joint ventures, and foreign direct investments in end-user markets, thereby supporting the market's growth in the forecast period.
The expansion of e-commerce is poised to drive the market for sporting goods, hobbies, musical instruments, and bookstores. E-commerce refers to the online buying and selling of products and services through devices like computers, tablets, smartphones, and other connected devices. Various items, including sporting goods, musical instruments, hobbies, and books, are available for purchase on online shopping platforms, providing consumers with convenient access to a wide range of products. For instance, a report by Forbes Media LLC in February 2023 predicts that the global e-commerce market is set to reach $6.3 trillion by 2023 and is expected to exceed $8.1 trillion by 2026. Therefore, the growth of e-commerce is a driving force behind the sporting goods, hobby, musical instrument, and bookstore market.
Numerous sporting goods manufacturers are investing in customization and personalization to meet the increasing demand for unique, tailor-made products. With a growing online user base, changing demographics, and higher per-capita income, the desire for distinct and personalized products has surged. Global sporting goods manufacturers such as Nike, Adidas, Puma, ASICS, Skechers, Fila, and others are intensifying their investments in this area. Race Sporting Goods, for example, has introduced customized sportswear to meet customer demands.
Major companies in the sporting goods, hobby, musical instrument, and bookstore market are focusing on opening concept stores to provide customers with an immersive experience and boost their market revenue. A concept store goes beyond simply selling products, offering an engaging shopping experience centered around a specific brand or theme. For example, in September 2023, New Balance, a US-based athletic footwear and apparel brand, launched its new retail concept at London’s Westfield Stratford City. The store is designed to appeal to both athletes and fashion enthusiasts, showcasing a wide range of products. Some items will also feature visual storytelling elements that highlight the artisans and origins behind the products, enhancing the overall shopping experience.
In April 2024, DICK’S Sporting Goods, a US-based sporting goods retailer, partnered with SidelineSwap to capitalize on the growing consumer interest in the resale market. As more people become environmentally conscious and seek cost-effective ways to purchase sporting goods, this collaboration aims to meet those needs. SidelineSwap is a US-based marketplace that specializes in buying and selling new and used sports equipment, providing an opportunity for DICK'S Sporting Goods to expand its offerings in the resale space.
Sporting goods, hobby, musical instrument, and book stores are retail establishments that specialize in selling a variety of products, including new toys, games, crafts, pottery items, books, bicycles, bicycle parts, camping equipment, exercise and fitness equipment, athletic uniforms, specialty sports footwear, and other sporting goods, equipment, and accessories.
The primary categories within this industry encompass sporting goods stores, hobby, toy, and game stores, music instrument and supply stores, as well as other specialty stores. Sporting goods stores primarily focus on selling sports-related merchandise, including athletic clothing, equipment, and other items related to sports and physical activities. These stores can be part of retail chains or operate as independent retailers.
The sporting goods, hobby, musical instrument, and book store market research report is one of a series of new reports that provides sporting goods, hobby, musical instrument, and book store market statistics, including sporting goods, hobby, musical instrument, and book store industry global market size, regional shares, competitors with a sporting goods, hobby, musical instrument, and book store market share, detailed sporting goods, hobby, musical instrument, and book store market segments, market trends and opportunities, and any further data you may need to thrive in the sporting goods, hobby, musical instrument, and book store industry. This sporting goods, hobby, musical instrument, and book store market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Major companies operating in the sporting goods, hobby, musical instrument, and book stores market include Decathlon SA, Dick's Sporting Goods Inc., Frasers Group PLC, BPS Direct LLC, Guitar Center Inc., Canadian Tire Corporation Limited, Recreational Equipment Inc., Sportsman's Warehouse, Hibbett Sports Inc., Thomann GmbH, Barnes & Noble Inc., Books-A-Million Inc., Half Price Books Inc., Sam Ash Music Corp., Music & Arts Center, Academy Sports + Outdoors, Cabela's Inc., Recreational Equipment Inc., Big 5 Sporting Goods Corp., Modell's Sporting Goods Inc., Dunham's Athleisure Corporation., Olympia Sports Inc., The Sportsman's Guide Inc., Tractor Supply Company, Rural King Supply Inc., At Home Group Inc., Michaels Stores Inc., Hobby Lobby Stores Inc., Jo-Ann Stores LLC, Blick Art Materials LLC, Sweetwater Sound Inc., Musician's Friend Inc., Powell's Books Inc., Strand Bookstore Inc., The Last Bookstore.
Western Europe was the largest region in the sporting goods, hobby, musical instrument, and book stores market in 2024. Asia-Pacific was the second-largest region in the sporting goods, hobby, musical instrument, and book stores market. The regions covered in the sporting goods, hobby, musical instrument, and book stores market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the sporting goods, hobby, musical instrument, and book stores market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
The sporting goods, hobby, musical instrument, and book stores market includes revenues earned by entities by providing services through specialty stores, supermarkets, and hypermarkets. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Executive Summary
Sporting Goods, Hobby, Musical Instrument, and Book Stores Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on sporting goods, hobby, musical instrument, and book stores market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for sporting goods, hobby, musical instrument, and book stores ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The sporting goods, hobby, musical instrument, and book stores market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include: the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Sporting Goods Stores; Hobby; Toy; Game Stores; Musical Instrument and Supplies Stores; Other Sporting Goods; Hobby; Musical Instrument; Book Stores2) By Ownership: Retail Chain; Independent Retailer
3) By Type of Store: Exclusive Retailers or Showroom; Inclusive Retailers or Dealer Store
Subsegments:
1) By Sporting Goods Stores: General Sporting Goods Stores; Outdoor Sporting Goods Stores; Fitness Equipment Stores; Ski and Snowboard Stores; Water Sports Equipment Stores; Cycling Stores; Team Sports Equipment Stores2) By Hobby Stores: Model Building and Craft Stores; Art Supplies Stores; Sewing and Knitting Stores; DIY Project and Home Improvement Stores; Hobbyist Electronics Stores; Science and Nature Hobby Stores
3) By Toy: Children’s Toy Stores; Educational Toy Stores; Collectible Toy Stores; Plush and Stuffed Animal Stores; Board Games and Puzzles Stores; Remote-Controlled Toys Stores
4) By Game Stores: Video Game Stores; Board Game Stores; Card Game Stores; Arcade Games and Merchandise Stores; eSports and Gaming Accessories Stores
5) By Musical Instrument and Supplies Stores: Instrument Retailers (Guitars, Drums, Keyboards); Sheet Music and Music Accessories Stores; Audio and Sound Equipment Stores; DJ Equipment and Supplies Stores; Studio and Recording Equipment Stores
6) By Other Sporting Goods: Tactical and Military Gear Stores; Hunting and Fishing Stores; Archery Stores; Equestrian Stores; Golf Equipment Stores; Snow and Ice Sports Equipment Stores
7) By Hobby Stores: Remote-Controlled Vehicles Stores; Crafting and DIY Materials Stores; Photography Hobbyist Stores; Collectible Stores (Coins, Stamps, Memorabilia)
8) By Musical Instrument Stores: Acoustic and Electric Guitar Stores; Percussion Instrument Stores; Brass and Wind Instrument Stores; Electronic Music Instrument Stores; Musician Accessories Stores
9) By Book Stores: Chain Bookstores; Independent Bookstores; Online and E-book Retailers; Specialty Bookstores (Comics, Academic, Rare Books); Secondhand and Antiquarian Bookstores
Key Companies Mentioned: Decathlon SA; Dick's Sporting Goods Inc.; Frasers Group plc; BPS Direct LLC; Guitar Center Inc.
Countries: Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
The major companies featured in this Sporting Goods, Hobby, Musical Instrument, and Book Stores market report include:- Decathlon SA
- Dick's Sporting Goods Inc.
- Frasers Group plc
- BPS Direct LLC
- Guitar Center Inc.
- Canadian Tire Corporation Limited
- Recreational Equipment Inc
- Sportsman's Warehouse
- Hibbett Sports Inc.
- Thomann GmbH
- Barnes & Noble Inc.
- Books-A-Million Inc.
- Half Price Books Inc.
- Sam Ash Music Corp.
- Music & Arts Center
- Academy Sports + Outdoors
- Cabela's Inc.
- Recreational Equipment Inc.
- Big 5 Sporting Goods Corp.
- Modell's Sporting Goods Inc.
- Dunham's Athleisure Corporation.
- Olympia Sports Inc.
- The Sportsman's Guide Inc.
- Tractor Supply Company
- Rural King Supply Inc.
- At Home Group Inc.
- Michaels Stores Inc.
- Hobby Lobby Stores Inc.
- Jo-Ann Stores LLC
- Blick Art Materials LLC
- Sweetwater Sound Inc.
- Musician's Friend Inc.
- Powell's Books Inc.
- Strand Bookstore Inc.
- The Last Bookstore
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 300 |
| Published | April 2025 |
| Forecast Period | 2025 - 2029 |
| Estimated Market Value ( USD | $ 588.04 Billion |
| Forecasted Market Value ( USD | $ 745.93 Billion |
| Compound Annual Growth Rate | 6.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 35 |
