With production value of USD25.2 billion, China accounts for 60.1% of the Asia Pacific total in 2023. The industry’s exports share decreases in 2023 to 71.9% of total production output. The industry’s profitability decreases and stands at 10.5% of production value in 2023, the eighth highest regionally. The costs of the industry decrease by 2% in 2023, largely driven by declining B2B costs. The total number of companies remains unchanged in 2023. The industry is fragmented, with the top five companies generating 2.3% of total production value in 2023. Advanced Sporting Goods (Dong Guan) Co Ltd is the largest company in China, generating 0.6% of the industry’s total production value in 2023. China has the second largest market size for sports goods regionally, with demand reaching USD8.7 billion in 2023. B2B drives market demand, with B2B spending representing 50.0% of total demand in 2023. The market is dominated by domestic suppliers, as imports account for 11.1% of total market size in 2023.
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This Euromonitor industrial report provides unique information on Sports Goods in China: ISIC 3693. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Sports Goods in China: ISIC 3693 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Household Goods is an aggregation of Furniture, Jewellery and Related Articles, Musical Instruments; Imitation Jewellery, Brushes and Other Personal Items, Sports Goods, Toys and Games, Watches and Clocks.
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