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China's sports goods exports reached 5.4 billion US dollars

Feb 27,2024

In order for enterprises to stand invincible in the rapidly changing market competition environment and better survive and develop, they must have a comprehensive understanding of information related to their industry as much as possible, so as to make the most scientific and effective decisions. Industry research is an important tool for revealing industry development. Through in-depth industry research, we can understand industry dynamics and future trends, as well as comprehensive, systematic, practical, and efficient strategies. It plays a crucial role in the operation, development, and growth of enterprises. The paper analyzes the external environment, from macro environment to industry competition, to address barriers in research and development design, human resource barriers, and supply capacity barriers.

In order for enterprises to stand invincible in the rapidly changing market competition environment and better survive and develop, they must have a comprehensive understanding of information related to their industry as much as possible, so as to make the most scientific and effective decisions. Industry research is an important tool for revealing industry development. Through in-depth industry research, we can understand industry dynamics and future trends, as well as comprehensive, systematic, practical, and efficient strategies. It plays a crucial role in the operation, development, and growth of enterprises. The paper analyzes the external environment, from macro environment to industry competition, to address barriers in research and development design, human resource barriers, and supply capacity barriers.

The export of sports goods from China reached 5.4 billion US dollars. It is expected that by the year, the size of China's sports goods market will reach 6.2 billion US dollars. China is also vigorously encouraging physical exercise. Currently, nearly 400 million Chinese people participate in various sports activities, and this number is constantly increasing, which has brought strong demand to the Chinese sports equipment market. According to economic observers, one of the seven best investment directions for the 21st century is that "leisure sports will become popular and an important part of people's lives.". The outdoor industry at home and abroad will usher in a new golden decade. Since 2020, I have been camping, picnicking, outdoor sports, outdoor leisure, and gardening. Planting and other outdoor lifestyles have become the fastest growing huge market globally. In the past two years, the epidemic has caused changes in people's lifestyles and consumption habits. Foreign e-commerce platforms such as Amazon have experienced rapid explosive growth, while domestic residents have limited travel and urban entertainment venues have suspended operations. As a result, short distance urban outdoor activities that combine leisure and social attributes are becoming increasingly popular, and the demand for outdoor products and services has also surged, which has ignited a number of upstream and downstream industries. For upstream enterprises, suppliers with fabric and technology patents can directly constrain the middle and lower reaches of the industry chain and obtain high patent added value.

Related News

China's sports goods exports reached 5.4 billion US dollars

Feb 27,2024

In order for enterprises to stand invincible in the rapidly changing market competition environment and better survive and develop, they must have a comprehensive understanding of information related to their industry as much as possible, so as to make the most scientific and effective decisions. Industry research is an important tool for revealing industry development. Through in-depth industry research, we can understand industry dynamics and future trends, as well as comprehensive, systematic, practical, and efficient strategies. It plays a crucial role in the operation, development, and growth of enterprises. The paper analyzes the external environment, from macro environment to industry competition, to address barriers in research and development design, human resource barriers, and supply capacity barriers.

Fitness and leisure industry

Feb 27,2024

The central and local governments attach great importance to the development of the sports industry, and have intensively introduced many favorable policies to attract social capital and accelerate industry development. The sports industry is highly regarded by the government, enterprises, and the capital community. On September 2, 2019, the General Office of the State Council issued the "Outline for Building a Sports Strong Country" (hereinafter referred to as the "Outline"), deploying the promotion of the construction of a sports strong country and fully leveraging the important role of sports in the new journey of building a socialist modernized strong country. On September 4, 2019, the General Office of the State Council issued the "Opinions on Promoting National Fitness and Sports Consumption to Promote High Quality Development of the Sports Industry"

Outdoor leisure

Feb 27,2024

In recent years, outdoor sports have emerged both domestically and internationally, and people's enthusiasm has also increased. Sports such as surfing, mountaineering, rock climbing, and hiking have become increasingly popular. Due to the strong professionalism of outdoor sports, in addition to the physical fitness requirements of participants, the outdoor sports equipment used also needs to be able to adapt to harsh weather and complex geographical environments, making it the first "protective barrier" to ensure outdoor sports safety, which has led to the emergence of the outdoor equipment market.

What are the prerequisites for making an indoor children's playground profitable?

Feb 14,2020

Indoor children's playgrounds have entered the Chinese market very smoothly. Why do you say that? The root is that the traditional Chinese culture attaches importance to the development of all aspects of cultivating children